Member Info for Inferno

Bottom line is this... unlike like death and taxes There is much unknown and plenty of guesswork. However -
Come 16.30 tomorrow we will all know one way or another how the news / sentiment has been received

Tuesday I think in my opinion will be a bit of a nothing day, those wanting to buy will buy tomorrow a few people will sell out banking on it
Going down on Wednesday

Wednesday will arrive and all will be revealed come 16.30 much of the discussion will be over, many would of sold many would of part sold many would of stayed

What was the crux of it ? Was it balanced ?

You’ve just described most guardian readers right there..

Remember as a private investor we are the last to know - the analogy is this, imagine working in a large multinational company in the post room at what point would you find out it had been bought and taken over... i would think long after every other person of influence in the company found out before you !!!

@Manc - the funds would of had sight of that report 72/48/24 hours before 10000% - the buying was due to the green light that report confirmed it wasn’t known and part of the business model. As expected - some areas, can improve = Boohoo oh yes we will do all of that and more, green light to funds and investors the coast is clear full up

@bullit sorry mate but you are a classic doom merchant, your six related boo related posts are very clearly split into two camps - clearly when you held and since you sold.

I’d say that’s conservative Micky... nothing wrong with conservative though only leaves room For exceeding expectation

Couple of ****ty articles in the times (fully expected)
Daily mail business section
Telegraph boo lawsuit

What have I missed ?

Uncle I find it fairly easy to work out who is who by their previous history, I am always wary of any poster who is steadfast in any one direction. I look for a balanced argument of risk and a sharing of strategy, thoughts etc.
Numerous posters emerge spouting the death doom call, you don’t have to look back too far to see limited posts all saying the same thing. Equally some posters here have complete cult like blind faith and I find that equally strange.

Bullit of course the times were going to go hammer and Tong for it - but there was little else for them to do. Why is the SP going to retrace, the opposite has happened, the powers that be are satisfied with the response. If there was going to be pain you would of seen it Friday and then bleed into next week. A 15% rise is hardly a rejection of the report is it? Who do you think will now sell 48hours before results on the basis of an article in the times.... for what it’s worth there is also a lot of balanced reporting on the outcome across media outlets this weekend

Slipperz perhaps you can expand on your post ? Who is the best they can be ? The BOD , the operating model ? Do you honestly think they are beyond reproach or critiscism after reading the 243 page report? Which I am guessing you have done to make the statement that it’s ‘Bull****’. Or are you talking about the times follow up piece?

Matty,
I think you are spot on and I totally see your point, I think the only difference is the time - Sugar made his fortune with Amstrad in the 80’s where we all lived in a difffent world and era in my opinion a much better one!! No scrutiny on the level we see today and far better opportunity for business. Plus Alan sugar is and always was very connected through the political elite he played that game very well indeed.. hence you now see ‘Lord Sugar’.

To clarify I’m not talking about financial progression or expansion etc of course it will exponentiallyI am sure. I am talking about the culture of how it is run and the transition between family run business to AIM potentially Ftse 100 territory in years to come

Guys - I mean this is with genuine respect to all, go and read the report in full (if you are interested of course) not the executive summary or the tit bits in various papers / online etc. You will clearly see the Qc firmly taking aim at Kamani on a number of key issues and until it’s resolved the company won’t progress.

Now if you are here short term who cares !? Totally agree cash in cash out. If you are medium or long term or part of people powers gang then this is a serious issue with long term implications that needs to be resolved.
As for who cares about that ‘left wing mob’ I would remind you that it was that same mob that crashed the sp in cahoots with MM’s on a Friday afternoon taking the sp from 3.16 - 2.69 on the Basis of one article. All I’m saying is don’t be blasé about the power of media left right or centre...

The factory is not an issue as far as I see - they have purchased it, announced it and it’s now factored in, the actual Practical delivery date is not a huge focus in my opinion, they are 90% over the line With it already

@matty @Dean

I think it’s more the public facing look I am talking about we all know he will never let go and to a degree i don’t really care - it’s his gig why should he, but be clever about it - pull the strings behind closed doors but outwardly facing install a new respected business board that way the city may start to take the company more seriously and also the Sp may be less volatile

Nope no dividend

I hand on heart think one of the best things that could happen (it won’t) is if khamani did step down. He is at the helm and there needs to be a fall guy in this enquiry, the report points to an ongoing toxic culture of a management team scared to voice any concern or challenge against khamani. He binned off Paul who was the ex main man at ASOS and selfridges. He can’t let go and whilst this has led the bank balance it has threatened the very foundations of the company - we shouldn’t all sit back and say how wonderful they all are, the Qc herself says shareholders should of considered litigation as the mismanagement of this scandal and the impact on the SP through known working practices. In order for change and meaningful change to take place their needs to be a huge cultural shift away from rage trade barrow boy billion pound business makers to AIM listed properly run company with the necessary management with the relevant experience. All recognised findings in the report, in the immortal words of Disney’s frozen - let it go let it go and hand over the reigns

Steve / Arudge... don’t stop checking because people like me that wake up at 7.30 need people like you to have checked already.. read the rns digested it and posted your thoughts lol

So.. actually glad to say all our predictions were wrong ! A couple of observations from myself take them or leave them not emotional either way..
1. The release of this separate to the results was a master stroke. The rise has nothing to do with results factored in. The fundamental rise relates in my opinion solely to the fact that it’s been confirmed that it’s not intrinsic or known to their base operating model. All the other parts are jut noise and the media can do or say what they want this weekend but the city has heard what they needed to job done

2. Interesting section about the founder, in essence he is still behaving like a market trader and not the head of a worldwide FTSE listed company. For those who know the history of boo that observation will come as a little or no suprise. This is one of the core fundamentals that has held this company back in terms of being taken seriously for major investment.

3. To the clown who posted that he sold out at 3.95 utter bolls&£# but if it makes you feel better than good for you, no doubt you will miraculously buy in at the next lowest point and sell at the highest

4. Monday should hopefully see a rise leading into Tuesday, yes there may be a sell off prior to results but I think that would be madness to do. I may live to regret that statement but for now I’ll stand by it.

5. People getting obsessed about 4.00 and saying it’s gonna be sold off, it was 4.33 before this scandal, today that’s been put to bed. AND we haven’t had the final act yet! Let alone the encore !

6. Well done to those who held on, you have or will be rewarded for your patience and my god it’s been testing at times !!

I wonder if we could give some pretend quasi message Board prize to the winner.. 44 trading 3.25Max 2 2.20Boo boo 3.32 New guy 3.29Slippers 3.57Brocksford 3.30Tip tree 3.24Inferno 3.26