Member Info for Kheldar

So Repyrrr has chosen today of all days to deramp when it's looking up..comedy gold

Need to take some tips from our expert shorters on here...

Jtan, Jongle and daytradenovice

I really hope you guys have been shorting and made money otherwise seems like a waste of time hanging around on this board.

You guys seem worked up, need to relax and let the buys and sells tomorrow dictate where the share price lands.

Saudi beat Argentina, Japan beat Germany

Good things come in threes;

Tomorrow boo beats the shorters :-)

Goodnight all and let the battle commence tomorrow

Atb

@therealelogo - closing a short is not a simple process especially the number of shares on short. The moment the shorts start closing the price will start rising as they 'have' to buy the share. So only small amount can be sold. This afternoons action is either an II buying or shorts closing causing a mad rush.

Burnley's biggest private sector employer. clap clap clap

No Boohoo and this deprived area will have more unemployed people.

shorters, careful what you wish for. If this sort of crap carries on I can see companies shutting shop and moving abroad.

Firstly, Jongle and the rest of you pesky shorters - good call that it will fall. I'll be honest I thought it will fall into mid 40s as nothing goes up in a straight line and was quite surprised with the fall but Hey ho - you live and learn.

I live close to Burnley and have friends who work at Boohoo. This is a pretty impoverished area and sometimes things boil over into racism so this is not anything specific to boohoo. Some of my friends have benefitted quite handsomely form the save as you earn share scheme run by boohoo - some ended up with 5 and 6 figure returns which helped them get on the property ladder. I see the Times article doesn't think that this is worthy of news.

They have said that work can be difficult during busy periods but that is part and parcel of any factory work so not sure how the Times article things this is a big thing. This is a hatchet job pure and simple because someone has a dislike for the owners. I remember similar happening with JD Sports not long ago.

Boohoo is one of the biggest employers in the area and articles like these will make Boohoo move abroad and likely put off other companies opening up shop in the area. The people at Times really need to get a grip.

The bit I don't get is the long holders worried about short term movements. If it was to finish 40p today - what difference does it make? Will you sell then yes that's fine, if not then come back end of next year and let's see where Boohoo is.

Remember - you only lose or gain once you sell. Showing a healthy profit on a share which you have no plans to sell doesn't really make any difference either way. Use the chance to buy more if you believe in it or otherwise just leave and wait for it to come back.

ATB

KK - agree they have told us but as yet they have not confirmed if it is commercial.

The tender for the north west yelemes in monetary terms is for 412 ,946 429 kzt which is over £750k.

If the tender relates only to 802 then surely it must mean 802 is flowing and must be more than 100/200 bopd looking at the size of the tender?

Atb

This is what it says on caspian sunrise website about the Location of the wells:

“There are four confirmed structure on the BNG Contract Area. The MJF and South Yelemes are shallow structures currently producing from 8 wells.

Airshagyl is a deep structure with three completed wells (A5, A6 & A8) and one part completed well A7. Yelemes is a deep structure with one completed well 801 and one part completed well 802”

Since the tender mentions north west yelemes - fingers crossed it relates to deep well 802.

Atb

Hi Ukred,

Excuse my ignorance but does this 'elates-north west' field refer to the area of the existing production wells or referring to the location of 802?

thanks

Interestestingly both classed as single protected transactions and at that that price are 100% buys.

A protected transaction occurs when a large order is going through the market. The buyer (or seller) may wish to keep the order anonymous from the rest of the market as the size of the order could greatly alter the price of the stock.

ATB

Thanks Golf17 - like you said agree to disagree. You have to have buyers and sellers to make market so no reason for any vitriol as everyone here should be making the decision based on their own research.

ATB

Golf, it’s you that’s not looking at the bigger picture. Yes, inflation is high but it’s predicted to fall to 9% end of this year and half by next June according to OBR/Hunt.

Look at the revenue boo generate - problem for the last year has been due to high costs no profit at all.

Two key drivers of high costs were freight costs and cost of cotton. Both have fallen now due to pre covid levels.

If boo can generate even slightly less revenue the savings on the cost will ensure they make a profit.

Holding long but easy for me to say as I bought in at 34p and I know there are others here at a higher price.

Hoping for a successful boo Xmas period

ATB

Hi Ukred

Are these tenders posted on a public website somewhere?

Thanks

Muscles, you're being a bit hard on bitcoin. It's a great investment if you want to help in laundering money for worthwhile causes such as drug trafficking and prostitution.

Steve, you're missing the point.

There is no 'more' tax until next April for majority of people. Even then it's the fact that he is not increasing the tax free allowance which is why in real terms your buying power will reduce. But Hunt/OBR are forecasting inflation to be reduced to half by June.. hope that clears it up

People on tax credits / benefits are unaffected as it will rise in line with inflation.

The people who are affected the most ar those who earn £150k+ a year. Let's be honest I don't think they shop at boohoo lol

So overall - people will still have spending money which they can use for retail therapy.

Inflation to reduce to 9% by end of 2022

Austerity measures but benefits and pensions will increase in line with inflation

Everyone has to pay a bit more tax because he’s not increasing any allowances

Means people will have income to spend on retail therapy :-)

to those who are taking time out of their busy life to visit this board to tell everyone to sell. I'll hold but it's nice to know you're thinking about us.

much appreciated.

ATB

Just my opinion but it feels like MMs have been fishing for shares and have hit loss limits . Some investors will get home today and find shares sold and price back to 21p by cob today

Jtan, you’re right boohoo is the most shorted stock but even you must admit that shorts are reducing from 11%+ over 6/7 weeks ago to yesterday 8.7%. Citadel seem to have now moved on to asos - over 1% additional short position opened on asos.

If the price here climbs to 70p-80p maybe shorts will come in again but at the moment it looks like they are leaving. The current mcap is slightly higher than nav.

positive thoughts guys, come on let's get this to 60p...push.....come on Boo!!!!!!

High energy and food costs are mainly caused by the war in Ukraine

. Something must be going on behind the scenes for Zelenskiy to say this. Hope Ukraine get all their land back and is positive news for the whole world. I expect the share price to move up here.

https://www.bbc.co.uk/news/world-europe-63621426