Member Info for Kando

Not sure what share you two are looking at but this one is up nearly 40% in 2 months, in what appears to be a sustained uptrend, in the midst of what otherwise are some of the biggest losses in global equity markets since 2008.

Something something about not looking a gift horse in the something or other.

Hah, teach you how to read a chart?

Proof will be in the pudding amigo.

Yes, is that the one where Chief smothered Boohoo to death with a pillow at the end?

Seems much of the miss - 0.1% of it, was down to airline fares rising 21.9% and other public transport accounting for the rest. There's a lot of other important categories falling however, so the reception to the read is going to be mixed, but there's some definite signs that most causes of inflation might be peaking.

"Do people realise that currently Boohoo is valued on less than 6 months revenue!"
Yes, and plenty of companies are currently being valued at even less.

"And its the second most shorted company."
And that's a good signal to you?

"I expect this to bounce back above £1 in the next month or so."
Upset that other people are making "garbage" forecasts to the downside, but happy to make "garbage" forecasts to the upside.

Yes, drivel.

It's okay. You carry on. It took 2 days to prize anything resembling your rationale out of you, and all it amounted to was that it would "be stupid" if it went lower. "Revenue would be stupid. Pe would be stupid".

There's nothing more to say. It's clear you don't have a scooby doo what you're invested in. You carry on Ostrich man. No one here has anything on your "see no evil, hear no evil" blindfolded monkey strategy to investing. You don't trade technicals, you don't trade fundamentals, you seem to read into balance sheets what you want to read, and ignore everything that doesn't sound like a free trip to wonka's chocolate factory. Good luck, but there's not much use in talking about Boohoo with you. You're just an angry cheerleader.

It's like trying to talk to a child. You're very tedious to talk to. Bye now. Good luck with your position.

"Kando,

Never recommended oil? You posted this yesterday"

You've removed the quotation marks dumbo, that was quite clearly quoting someone else's post. I agreed that Boo's time was after August, as I'd posted before. Got nothing to do with oil you prevaricating turnip. How about you answer the questions. Why is no one at the company buying? Why can't the share price drop below 40p? Answer either and we can leave it at that. But you can't and won't, you just want to pick fights and be abusive.

"Kando, give me your expert knowledge on Shein’s valuation then based on their PE… and their apparent 100 billion valuation!?? Oh, I’d love to hear this….!!!!"

Why on earth would I do that? Shein is a private company operating out of China whose accounts are not publicly available. Boohoo is a publicly listed company in the UK. You may think you're comparing apples to apples but you're not, you don't even know if one is an apple. This is the Boohoo board, it's about Boohoo, who just posted a forecast of next to no growth and is presently making next to no profit. It's going to be valued as such against UK peers.

"ive provided plenty of reasoning, you have provided nothing.

Lets see your supposed chart for mid 30s?

Have you looked at oil futures, given you were advising people to get in to oil yesterday?

35p gives a valuation of c£400m or two months revenue. Or less than Q1 one revenue is likely to be. Nothing is impossible, but how about probable?"

You haven't. I've asked twice now and you've just shouted about everyone else having "no courage".
So just humour us, give us that reasoning again. Why can't it drop under 40p?
And if you can't answer that, can you at least explain why, with the share at 70p, having dropped as low as 63p, and that being the only possible bottom in your mind, why, not a single person in the company's management wants to expose themselves at this price? Not one has bought, and they've had several opportunities. Just riddle us that and then I'll leave you to ramble away about shorters and paid stooges in peace.

And I've no interest in oil futures, I've never advised anyone to get into oil. You are mistaken. Check my message history.

"Are we set for a private take out by MM / SoftBank and the inner circle of PE ?"

Long answer? No, not likely.

"if China lockdowns stop and Ukraine war quietens by Monday"

All of that by Monday? Jeez you're optimistic. China has a long, long road ahead of it when it comes to covid - more or less the whole pandemic to come. And Russia...well that's anyone's guess but the war has been simmering for 8 years, so what's the chances it ends next week?

"Not 30s any more.

Kind of shows the futility of short term price predictions?"

I have said low 40s to mid 30s. How many times do you need it repeated? Still waiting on your reasoning for why it won't. I think we'll all be waiting a long time for that.

In 6 months, probably about where it is now. By then
it'll be on the way back up from the low 40s where it's likely to go in the meantime.

Instead, why don't you explain to us all, from your interpretation of the company finances, and the technical analysis of the charts, why you think the share price is more likely to go up from here this week, and what, in your opinion, is the reason why it can't possibly drop below 50p from here. That would be far more constructive and instructive to the board. Brass tacks, not personal attacks.

"Because i made him the same offer i made you. But at 50p. No response because like you he just spouts numbers to scare people. Still waiting for your analysis for 35p and why you are postinf here, other than to scare people"

I've posted the rationale several times now. If you were genuinely interested you'd click on my profile and re-read them. Something tells me you're not interested in hearing anything other than the inane trumpeting immediate and massive upside though, so no, I won't type out those very long posts again, just for you. They already exist.

Yes, there is upside here. But to pretend there isn't potential short term downside is panglossian verging on myopic. The share is far more likely to go down than it is up, this month. That you don't want to risk selling and rebuying is your prerogative, but shoving your head in the sand like an ostrich investor, lifting it out only long enough to shout at people isn't going to make you any more right or any better off.

Why has he got no courage for not buying at 70p when he thinks it's going to 50p? What's that got to do with courage?

Yes it did, no sooner had I posted, hah. So maybe scratch that. Maybe we're not there yet.

Yes. We'll find out soon enough. If it drops through support levels in the next few trading sessions we'll know this isn't the bottom. If it doesn't, I'll reassess.

The last 3 hours have been remarkably flat and stable again, after testing and holding above recent lows. The last few times it did this (28/3, 19/4 and to an extent, 28/4) preceded the next step up; from 83 to 99, then 90 to 116 respectively. If the pattern were to repeat I'd expect to see a big movement up again to 130ish in the coming trading sessions.