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News and shorters spreading fake news to bring the price down. They are putting the question forward is fast fashion dead . Unless people wish to walk around naked I strongly think not . Fast fashion is growing stronger look at mike Ashley and Shein . The high street dead with massive interest rates and rents fast fashion is the way forward the future .
Boohoo and asos will be a example and a success story .
Boohoo has no debt , interest rates Dnt effect as much as debt ridden businesses . Will boohoo beat the doom and gloom could be a shining light as people will look to invest in a solid company can’t see many with boohoo stable finances and continued growth . Boohoo has never looked vulnerable , strong fundamentals.
They sure do have a prime located head office Knightsbridge . With all the remote working I’m sure it’s a great asset personally I would rather they spent the money on USA expansion and warehouses . I wonder if it’s actually being used and how it’s benefited boohoo . Do we really need this with remote working ?
The owners have been extremely quiet must be the comfy beds made from all returned rags .
Come on owners stand up time to speak up once in every few years at least . Even a hello investors would be nice .
Boohoo cancelling orders maybe be a sign of lowered forecast, which in the past has dropped the price even if sales were excellent. As a growth company lowering forecast usually dose not go down well .
Boohoo have done well managing market expectation by previously lowering the forecast so hopefully it won’t be by much.
This is a solid company nothing has changed it’s growing and expanding regardless of market sentiments.
Long term this is perfectly placed . If it’s goes to pot on 28th stay calm and wait it out .
Good luck
Boohoo need to borrow money and buyout asos . A big merger or buyout Will cement there position. They would get access too brands and more customers.
If mike Ashley is looking at boohoo and asos then the owners of boohoo need to be on that level of they wish to grow there global empire .
This would allow boohoo to jump onto a well established business that is esg compliant.
This was a well run Asian business , nice bunch of well paid slaves helped the price get above £4 .
New recruits , staff in warehouses still paid the same but with the assurance of no middle men taking cuts and here we are sub 43p.
Esg waste of time , sackings should be looked at hard they are failing the investors . Carrol Kane has done what ? John little has taken the price down to a pair primark pants
Revolution is a great investment boohoo are not silly this will be massive in the Middle East Dubai etc.
Once esg is sorted investors will be jumping back in heavy . This is the one to watch esg news and updates are always welcomed . Hopefully some news soon
The markets have all generally all gone down for the time being shorts have assisted in the fall .
However boohoo is not struggling and have never suggested they are . There position is extremely strong I would not be surprised if they try to buy asos or Ted baker . They have plenty of funds available the banks will be more then happy to give them money . They are proven and they continue to do well. Hopefully in time to come we all make some nice profit . I’m a holding for long term . Markets will get better they always do .
History the rag trade has been out of fashion recently with all the shop closures. Covid and logistics played a big part in the price . This has now improved people are back at work and logistics and have also been much improved I’m sure this will reflect in the next forecast . I expect to see a increase in forecast which should give us a push in the right direction. I always say forecast is key for a growth company .
Only matter of time when the true value of all purchases and success reflect in the price . Boohoo continue to do good work no matter what the share price is credit to them .
We got levessen for any legal matters which are being investigated strong team and much better position then before . Even if there is a buyout which would never happen this will not below £5 . Shorters Dnt have much margin to play with and becoming high risk as this could pop any day .
https://www.asktraders.com/analysis/revolution-beauty-deal-drags-boohoo-down-10-why/
Shorting needs to be band during recessions to allow uk businesses to flourish . When the the economy is back to normal then it’s fine for shorting . There needs to be a protective measure put in place by the fca whom are worthless and have no balls . Just make money for doing jack . Get rid of them and complete overhaul. Fca owe it to the people to safeguard jobs and businesses in a time of uncertainty .