Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Its quite clear this government do not know what they're doing. This is clearly just the beginning of UK market collapse. Been holding this for a long tie but with the current economic outlook, cannot see an uptrend in this or uk retail in general for a very long time to come.
Was painful but decided to exit from Boohoo after holding on for such a longtime.
GLTA
Not sure why some are just moaning about boohoo being beaten down. Look at the wider market, almost everything is down quite significantly. Until sentiment changes nothing will change here or the wider market. Having said that I do think the results will send this down to low 20's and wouldnt be surprised if single digit hits this year.
The shorters clearly know something for them to be this brave just before TU.
All supports broken and it is quite certain sub 500 will be breached fairly soon. My guess is this will continue to fall slowly until results and then a big dump. next year will most likely be even more tough than this year.
If anyone seriously thinks this will have a quick recovery needs to wake up. The fact that shorters have yet to start reducing suggests this will fall a lot lower than where it is now. The economy is nowhere near stable yet. Rates will continue to rise and in such an environment it is anyone's guess whether companies like Boohoo, Asos etc can make it out to the end. I feel when the results are out in a couple of weeks this will drop below 30 in to the low 20's.
This has been on a downtrend since Jan 2021 and will probably continue to go down at least another year or so before any chance of reversal.
I am not sure why some try to argue about quick reversals. Economic conditions are only getting worse so how could one expect a reversal?
Been a private investor in this for a long time but think it is time to bail out. What the management have done by privately tipping off analysts and leaving private investors to hold massive bags is totally out of order.
This management is either incompetent or corrupt. Cannot invest in a company where the management don't care about private investors at all.
Not sure why some have started to rejoice when it is still down massive. The downtrend is far from over. This will continue to fall until these greedy shorters are satisfied and then there are the daytraders who will try to make a few pennies in between.
Investing in Boohoo has obviously been a mistake for many. The sp has been continuously falling for the last so many months and yet there is nothing from the management to at least bring some sort of stability to the price action. All the kamanis and management sucks!
More research in to current economic situation and forward predictions. I dont think the economy can recover anytime soon based on new research. I hope I am wrong but I do feel soon we will see the effects of inflation/rate rises in to the housing market. When that happens people will definitely spend even less than what we have had so far. hence, these companies will be squeezed like never before.
All signs pointing to another Carillion in the making. The economy is not going to improve anytime soon and by the time it does improve it could well be too late for the likes of Boohoo and Asos. any invest in this will have to be a total write off I guess!