Watch LIVE the focusIR May Investor webinar with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund here.
Best to get information direct from the carriers.
https://www.freightos.com/freight-blog/shipping-delays-and-cost-increases/
Sea freight costs up 495% since October for some routes
Air freight being a cheaper alternative for some goods.
Demand reduces after Chinese New Year - and it is a LUCKY WOOD DRAGON
Show everyone your Woody & they will think how lucky you are 😎🐉
Shipping freight costs are up +400% - gonna make China expensive
https://uk.news.yahoo.com/italian-home-companies-brace-spike-203455676.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAAXim9nImKYy7nrTNLpKG1_ycFr8PrYQ3zkzz6_eanjG6oFydMrzn0uEAhNFnQ_t7IRZbr9fUf5yNJIj_8I3ADaOCAY6vmEVPHt_U8-aRiuvs5g3UIJbzjmk766f5f8eOMAL7kFVbefv3CxuTMEYqdtRxnN5OkBww9oIleu2VEEV
Is anyone expecting BOO to show a profit for the year end Feb. 2024?
Maybe they could off load a brand name or two.
Falling revenues (-17% YoY) & customer base pointing towards EoY results being inline with expectations + a change of CFO point to a serious correction in the strategic direction of the company. There should be no pay at the top for running the company like this. US distribution needs to show some potential to boost the figures. The agenda speaks louder & louder that they want someone to take ownership.
-£25B - PIs leaving stocks
https://www.standard.co.uk/business/small-investors-uk-stock-market-record-pace-shares-london-stock-exchange-lseg-funds-investment-us-city-b1136580.html
May explain why so many socks are down
https://www.youtube.com/watch?v=9zt1pJdimVs
Like a magic trick that one SCB.
All clear - safe to go shopping but wait all the prices are still going up - Yikes!
We have inflationary purchasing costs to deal with & shrinkflation as well. For those not putting on body weight, the materials in fashion could be getting fully stretched. Still fun getting them jeans off. Can cost a chair arm & a leg.
BUY BOO if its good for you as it is now a certain death spiral unless Frasers saves the day. I think they will wait for a cheaper entry price. There is always the unknown & if you had known beforehand then you would of............
Confidence is like an EasyJet landing in crosswinds. Just hoping it takes off again.
Oh how good this stock was (still is).
I can't work out how low this may go but at the current market conditions I would say further drops before the bottom is reached.
Until the turn around - enjoy the SA commercialss
https://www.youtube.com/watch?v=zKGs8ZJyHrg
For those that can't wait for BOO to drop to 30p or have a little jog to 38p then ITM maybe more of an enjoyable experience.
BOO needs to put out some news to entice investors otherwise the SP will continue to fall to at least 32p. If no news is forthcoming the May end of year results (Feb2024) will drop the SP to 28p IMO.
So sit & die or accumulate, choice may not be too difficult.
LTHs are looking at 2026 before +£1 at this rate. Sales shrinking, credit position weakened, has growth potential but stalled.
It would appear my post was removed or harpooned regarding the £75M loan extension period that was not successful.
https://www.theindustry.fashion/boohoos-lenders-decline-debt-repayment-extension-as-sales-plumet/
Time to rethink?
A two year wait for Helium - TRUE STORY - supplies are difficult to get.
https://www.youtube.com/watch?v=7bP8lSiHy6Q
Seems a waste to put Helium in a balloon. Hydrogen gas is lighter & you get more than you would expect.
https://www.youtube.com/watch?v=nLuOM9aOWvk
Projected share price for HE1 by year end -
https://fintel.io/sfo/gb/he1
All PIs believe the SP will go up from the closing price (UT).
Traders probably would agree.
Dark traders have their yo-yo tools at the ready.
Hopefully an RNS will come to the rescue & launch HE1 back to double digits.
If you are on delayed prices then just monitor the chat boards & you may get an idea of up or down.
If you are not happy accepting a 100% loss then AIM is not for you.
Only trade if you the market conditions favour your trading criteria. If you walk away without trading you lose nothing.
All winners will lose often & all gamblers always seek more funds. Might not be true for everyone but just a general guide.
I too am very bullish about BOO but I believe the SP will recover before the company profits.
All to do with the ever decreasing free float.
SP now in positive territory for today. Should be a 5% gain tomorrow depending on economic news US & UK.