Member Info for KCCO

I’ve had a holding in PFG for a few years, since around Neil Woodford fund crashed. I’m conscious there shares been relatively flat and understand the gloom other holders may feel. Though I really do believe we are approaching a turning point here.

Since dropping their footy step loan business the greatest problem is now gone. The exceptional
Costs are have been reported and are in the past. The group is now reposition and prepared to take on
growth. This share will become a good and consistent dividend payer.

Also we are back into the FTSE250 and hopefully back into the FTSE100 in the future !

£1 a share this year easy

I suspect managements strategy will be to increase market share over in the US. Huge market and sensible sales growth strategy. New distribution capabilities and historic performance (pre COVID / Ukraine), they’ll pull it off!

Gross margins gonna improve this year too, so better cash flow. Plus the new platforms and brands both generating income. Boohoo’s out here changing the game ! $$$

The first hurdle at 95p is a joke. Easy money for management and they can hold for further growth on the share’s given at 95p.

I’m starting to feel some positivity towards boohoo. Can feel an upside on the horizon!

It’s just necessary in a capital society in order to retain the best talent. Though I don’t think it’s fair. The first hurdle needs to be higher than 95p- £1.20 I say.

Will easily hit £1 this year. New income streams, US DC and cost headwinds easing this year… 2023 is the year to load up !

No matter what central banks do their aim is to get inflation down so after factoring in operational efficiencies I’d expect there to be an improvement to gross margins which is a v important metric.

I reckon the next question is what’s the unemployment rate gonna look like? Redundancies may be on the horizon. So how are sales gonna look like next year is the million dollar question I say. The good thing is this challenge will be sector / industry wide do not boohoo specific. Additionally, boohoo has been diversifying and creating new income streams. Maybe JL will end up pulling it out of the bag next year, never know!

It would be nice for this to hold at 50p but it’s too early to call. We need an update showing improvement in business strategy or fundamentals which would lead to growth in margins, sales or profits. I’m a holder but reckon it’s still a waiting game. In the medium to long term current sp is a bargain.

It’s interesting that reportable short positions for Boohoo have fallen significantly. Though ASOS has barely moved, even after the update!

Uncle_Doug, don’t be telling the family members that! Haha

There’s a trading update in Jan. Not sure on the date, tho L5 probs correct in saying 2 weeks. It’s a quarterly trading update.

This DC distribution centre needs to open up. I’m
So curious with how things are going with Debenhams. They’ve found such a cheap way to get the brand back onto the high street without huge capital investment. Like who else is making these sorts of moves / strategies.

Not kept up hugely with Boohoos peers. Though aren’t asos going through some sort of debt restructure. Balance sheet gearing must be high af. Factor in the base rate going up and bam finance costs go sky high and a hits to profits. Days of cheap borrowing are over.

Boohoo is an awesome business and I like the management. The entire sector is exposed to the cost of living amongst other things. Managements are focused on cost control and diversification. They have the kahunas to make confident and important decisions. The entire sector is exposed to the cost of living amongst other things.

Todays share price movement and winding down of shorts is very positive. But I would suggest some caution, there are hurled which the business needs to cross. Though exciting times ahead in my view!

That behaviour is just brutal. Investing in shares is not for the faint hearted, especially in the midst of the current macroeconomic backdrop. We’ve had a mad 3/4 years with financial markets going through crazy swings. Aside from covid / Ukraine we had Trump and Brexit making things go sideways too.

As long as you can hold your nerve there’s some good medium / long term investments out there. In my view Boohoo is one of them.

Investing in shares is something you get from years in the game. DYOR and put the work in amigos!

Hmm. Let’s see what the Jan trading update looks like. Will hopefully then have an indication of the sp direction and this DC distribution centre needs to open up sharpish!

To think a year ago we would be at 35p would’ve been laughable. AIM baby, kinda like tech stocks huh. I just can’t see how this cannot recoup to a £1 minimum. Am I crazy?

Hey guys. I’m invested and have been buy since £1.60’s. I think boohoos a great high growth business stuck in a rut because of the global economy. Cost of living and inflation is just hurting the fast fashion sector.

The business is like an empty shell with significant intangibles but lacking infrastructure. It’s good to see significant capital investment, I keep hearing in the newspapers that the company is facing competition, I wonder how much of an impact this is really having on a long term basis.

I’m intrigued to see if we can perform well in the US as I think it’ll lead to share price appreciation. Balance sheet strength is another question mark, they need to have the funds to withstand a slowdown also I’m glad they’ve been reducing inventory so they’re not exposed to as huge write downs when they report for the year. Right now, it’s been quiet, which is good. I just don’t want one of them announcement where they say ‘sales will be 2% lower than management previously reported’. It’ll defo be a rollercoaster, but I’m up for the ride! GLA

compare the intra-day chart to the FTSE 250 chart

(sigh)**