Member Info for JeffMills

Debenhams is not a marketplace? Operates as a traditional retailer, owning and selling its own products... Boo group will have sourced and stocked all products.

ASOS is hitting 140 million clicks, making us ponder if Debenhams could be raking in about 1/10th of their revenue now. It's not a precise gauge, but if this trend persists, a ballpark estimate could put Debenhams at a cool 400 million in annual revenue. Considering Debenhams' historical gross profit margin of around 25% from 2012-2015, things are looking pretty exciting.

Exciting times for our sp, feeling a bit of that 2016-2019 energy. Debenhams is our secret weapon, rocking a whopping 63% surge in website traffic. Just to put it out there, our 13.5 million clicks are blowing the competition away – Next only nudged up by 7%, Zara saw a 20% bump, and H&M, a decent 10%.

The current market valuation of 34p, attributed to a lack of confidence in margins, doesn't align with my perspective. Historical instances, such as the valuation of Hot Choc this summer at £1 and its subsequent sale at £3.50 a month later, as well as THG being valued at 40p and later receiving a bid at 180p, underscore the volatility and potential disparities in market valuations. It's essential not to assume that current market assessments are always accurate, as they can swiftly change without apparent reason.. but we all know this anyway.

While a buyout might not be on the horizon, the prospect of multiple bids, similar to the current activity at ASOS, remains a possibility....

The allure of £1.50 may be tempting, but for steadfast investors like the Kamani prioritising sustained growth over quick gains is evident. Rejecting offers seen in companies like THG and ASOS, they emphasise a commitment to long-term value, potentially waiting for a higher valuation like £4 even it its takes longer than my estimates.

I'm not suggesting Boohoo is worth £3-4 right now, but in my opinion, that's its potential in 2-3 years. It would be ridiculous to even think about selling as the inflation crisis ends. It's amusing to consider that the Kamani family and long-standing shareholders, who've been part of Boohoo pre-COVID, would view £1.50 as a fair price

We were in the 300s pre-expansion into the US, pre-Debenhams acquisition. The trajectory of Karen Millen echoes the early success of Pretty Little Thing. Awaiting potential decline in Shein's popularity, given concerns over its origin and labor practices. Exercise patience; opportunities of this caliber are rare and worth the wait.

Debenhams holds the potential to emulate the success of brands like ASOS or, dare I say it, Amazon. Its current growth trajectory is promising, and the brand itself is strong, a realization that Mike Ashley grasped. Speculating on the future, if Boohoo were to consider selling, the sluggish stock price is largely tied to cash flow concerns. Injecting £300-500 million into the company could single-handedly propel the share price to £1 or beyond. Addressing liquidity worries is crucial, given the current algorithmic prioritisation of such considerations in the market.

It's disheartening yet somewhat amusing that some shareholders believe £1.50 is a fair value for Boohoo. Perhaps they're unaware of the company's potential and have stumbled upon shares at these low levels by luck. Forecasts indicate margins will return to pre-COVID levels by 2025, coupled with the growth from acquisitions like Debenhams. Patience could yield substantial returns, potentially reaching £3-£4 in a few years. Unfortunately, many investors lack the patience required for such gains, a trend evident in stock markets. Consider THG's journey from 40p to rejecting £1.80 twice – a lesson in the rewards of holding long-term.

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"government is expected for the first time to offer an as yet undisclosed level of state guarantees to developers in the next few weeks to build up to 250MW of green hydrogen capacity “subject to affordability and value for money” with the first project"

Bilbo, my sincere apologies for any confusion. My phone glitched, and I initially only saw your statement as emphasising capital alone. (read the first sentence) I retract that assertion and appreciate the broader context you provided.

Again Bilboburgler, you responses on here are poor. Not only capital, we are positioned as a frontrunner in green hydrogen technology, a sector poised to reach a substantial worth of 400 billion by 2030 globally. With a significant cash reserve, the company is strategically positioned for market expansion, enabling further research, development, and scalability. The anticipation is that this financial strength will contribute to seizing a larger share in the burgeoning green hydrogen market, which aligns with the industry's projected exponential growth in the coming decade.

Anticipating significant growth in 2024 with expansion into the US and Germany, it's crucial to acknowledge that revenue realisation occurs post-completion. The targeted 15 million revenue with 300% growth for 2024 is commendable. Looking ahead, I can see major contracts exceeding 100 MW are foreseen for completion in 2026/2027, promising substantial short-term growth. Addressing concerns about sales sources, strategic foresight is key. Lets hope we get back to 100p by end of the year.

Shorters have until the interim results to exit their positions. Dennis has exceeded expectations, establishing trust. His strategic move into Houston, US, signals substance. Exciting prospects for the upcoming months.

Absolutely stellar trading update, surpassing last year's revenue by an impressive 50% and boasting a healthy £253 million in the bank after just six months into the financial year. In stark contrast to Ceres' recent revenue warning, our performance is nothing short of fantastic. Smart moves all around.

Spain has recently granted €150 million for the construction of 309MW green hydrogen production aimed at challenging industries. The funding encompasses 19 projects, providing potential opportunities for companies, including ITM, to secure contracts in this initiative.

Your entire post appears inaccurate. Regarding income models, we are engaged in sales, with anticipated revenues for 2024 estimated between 10-15 million based on current contract completions. The successful sale of 5 million this year challenges the notion of lacking an income model. If you refer to another aspect, kindly elaborate on what distinguishes Ceres from ITM, considering my investment in both. Notably, comparisons between electrolyser manufacturers and fuel cell technology firms are consistently amusing.

Bilboburgler, are you saying Linde need bailed out? Because thats false.

In your last results announcement, it was mentioned that net cash at the year-end (April 2024) is expected to be in the range of £175m to £200m, following significant capital investment. Considering the cash position of £283m in April 2023, I estimate the current cash to be around £230m...