Member Info for Laughton

Today's downturn could be a read across from the discovered problems at Ted Baker possibly. Other clothing retailers also down - Mark & Spencer, Next, French Connection.

Maybe it's my age but I don't remember BooHoo having to rescue a near bust PLT.

I think we paid quite a lot of money for it and the majority of shareholders were somewhat miffed that we only got to buy 2/3rd rather than the whole shebang.

Are you sure you're not thinking of Nasty Gal? That was bust but it wasn't being run by anyone connected to BooHoo at the time.

MMs looking to hit spicey's stop loss :-)

Double page spread in today's Mail on Sunday

https://www.mailonsunday.co.uk/news/article-7742831/Meet-British-entrepreneur-31-built-BILLION-pound-firm-selling-15-dresses.html

I suppose they have to but from a "profit" point of view I'd rather they didn't (have to).

Thanks andsoforth - good to know.

I don't subscribe and it worked for me.
It's possible that I did register at some time but I definitely don't pay.

Gotmeister - from company's RNS 14 December 2016 confirming acquisition of PLT:-

· The 34% retained by PLT management will be subject to the management team remaining with PLT over the five-year period to 28 February 2022, and achieving demanding revenue and EBITDA targets

· At 28 February 2022, the boohoo Group will have the option to acquire this remaining 34% at market value

Given the history, I wouldn't bet on them being able to buy remaining share of PLT at anything less than a full price.

Yes, great update.
Can't agree with you though about SGI and Hornby. Neither are in the same league.

£500M - what's that all about????

Yes, payment to be made in cash.

Depends on where you are gettingt your "buys" " sells" information. It's generally notoriously unreliable. I've often bought or sold shares and seen the computer guess wrongly and my trade appear as the opposite of what it actually was.

Not sure I see much reason for him to buy any meaningful number of shares. His financial future is already very heavily linked to progress of BooHoo share price so already highly incentivised and I can't see him buying a few would make much difference to long term share price performance.

Well I, for one, am very happy and definitely intend holding for quite a while yet.

But what's with all these single digit trades going through the market? Are people really buying/selling 2, 3, 4, 8 shares??

Shorting is perfectly legal so I don't really see the point in blaming everything on them.

Not everyone likes it but shorters can and do get it wrong and the downside for them can be unlimited so no real point in continually.

But I'm interested to know why you say - "as TR willl have advance info on IQE's dealings". Now that could be illegal.

Final Results were last week.

Kong1 - No-one really knows whether the trades are buys or sells. The computer takes account of what the posted bid and offer price are at the time of trading and if the price at which the trade is made is above the mid point then it shows as a buy (blue) if it's below the mid point is shows as a sell (red) and if it's exactly at th mid point it can't decide so it shows as black.

The person actually buying or selling obviously knows.

I've often made buys that show as sells because the market maker has a wide spread and is prepared to sell at below the mid point.

I don't think there's much chance of that - they already own shedloads.

"With the spread being so wide"....is it though? I've always been impressed by how narrow the spread is.

0.13% seems very fair to me.

I haven't checked but wouldn't be surprised if it's the narrowest on AIM.