The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Done that one yesterday Razor - CBI report
Https://www.cbi.org.uk/media-centre/articles/cbi-distributive-trades-survey-march-2024/
Revving up but no gas in the tank.
Https://www.gurufocus.com/stock/LSE:CPX/summary
Only found out here.
Q2 earnings data to be announced on Wednesday.
Wrap your money in a bag & hide it in a large field. Wait two seasons & go and find it. If you find more bags in the same location you win - that's the opportunity here.
Comparing the workforce - Shein +10K, Boohoo +7K
Sales revenue - Shein +$30B, Boohoo $1.38B
New products per day - Shein +10K, Boohoo 300
Chinese have it - Boo appear inefficient. Having spent the day on the blower to UK national companies I am sure that the staff are too relaxed, too comfortable in their jobs, using IT systems full of trackers, glitches & mindless programmed procedures.
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Boohoo - by Horendous https://uk.trustpilot.com/review/www.boohoo.com
UK just doesn't know customer satisfaction - go to a restaurant & ask for B*llocks & Egg & you'll get a happy waiter
In 2020 you could fill your wardrobe for a tenner. Today there are just over 2000 item of clothing under a fiver & anything under three quid is hard to find. That wardrobe will now cost over ten times the cost of just four years ago. Other players have now filled the gap left by BOO & now BOO has to rely on its existing customer base promoting wears on social media. Perhaps they got the name wrong & it will all end in tears. Customers like to spend & a great way to attract them is cheap followed by discounts & the more you buy, the bigger the discount. You also need today's trends & not last years.
There has been nothing to note from BOO to shareholders in the past year. Anyone looking at this company as an investment before May would go elsewhere. Yes I am invested like a duck having a paddle. Feet maybe wet but not under water. Boohoo could be heading out of fashion with the pricing structure they offer.
https://play.acast.com/s/investorschronicle/notyournormalfinanceshow-ohboohoo-
Https://www.cbi.org.uk/media-centre/articles/cbi-distributive-trades-survey-march-2024/
Well Easter sales are normally good but the CBI are predicting a slower decline to flat.
Pumpy cushions anyone or lifeboat rescue?
Looks to me like many who took up the retail offer of 0.1p p/s have sold out.
Once the sellers clear the SP will rise but there could be 75M shares at this rate which will suppress the SP as they are soaked up. Should there by a flood then down to 0.105p. When the selling stops, then that will be the best time to load up.
Https://www.retail-week.com/people/being-a-high-performing-retail-leader-today-is-harder-than-ever/7045859.article
Walmart CEO says retail is a tough game. Hasn't learnt to cheat & be ruthless - bye bye.
BOO UP today - Razor has given us the clue.
No movement on the SP expected until then.
Stage 1 placing sees 103M new shares issued on April 28th
Stage 2 of nearly 2B new Shares issued subject to shareholder approval. So if you want the company to survive then say "Yes".
SP could then drop below 0.10p for a while but any large take up could see the SP go anywhere north of todays price.
Price of the placing? Well they want to raise £2M before expenses = 0.1p per share
These shares will be taken up before anybody can grab them. If you bought today, sit tight, turnaround will be quick IMO.
Always a good idea to monitor current recruitment opportunities & Cap-XX are stilling hiring.
https://www.cap-xx.com/careers/
✔
Massive dilution today on a loss making company.
Dr Cooley will be pondering his investment & may well average down like many others.
Threat of admin pushed of the table so a probably SP regain to 0.20p but will hover at current numbers this morning.
Good news is that the placings are UK only & US stock is not effected.
Like many placings SP can be a long recovery or multi-bag opportunity - AIM your gamble.
Boohoo - recruitment drive happening in Manchester (mainly) & London. Tis a good sign.
https://careers.boohoogroup.com/search-jobs?brands=14&page=2
JS Sports performing well & can possible get back to 160p p/s this year.
A good list of fashion shares to watch - https://www.ig.com/uk/trading-strategies/top-100-fashion-and-clothing-stocks-to-watch-230719
ASOS & BOO are tied together in the article but plenty in the field.
It only requires a good percentage of the fashion companies to post good performance & it will lift the sector remarkably.
Monthly SP chart pattern looks strikingly similar to Frasers at present with a little uptick to the current position.
Change of fortune coming? Rest of the week may give a clue.
BFD seems to be residing to an annual position. BOO picks up July onwards. Little point in loading up until May RNS is released. Don't forget bonuses are pegged to the SP performance.
Here's what I was looking for - "Another phenomenon here is omnichannel retail; these exchanges often start with a customer shopping online, but finishing their experience in person to get the best deals".
https://chargebacks911.com/online-shopping-vs-in-store-shopping/
Shop online - collect & try out in-store - keep or return easily - shop or browse the high street
Question is, can those that go high street shopping be bothered with shopping online first, likewise would home shoppers go out to the shops? Time will tell as society gets used to new age business. Happening across the board & not just fashion.