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Retail shares are buzzing - must be spring time

Boing boing boing

All primed to go much higher but its not a given.

Https://www.dailymail.co.uk/tvshowbiz/molly-smith/article-13240081/Love-Island-Stars-winner-Molly-Smith-sizzles-red-lace-dress-shes-unveiled-Boohoos-new-brand-ambassador.html

News is all we need.

Well blow my socks off - up 2%

Https://www.standard.co.uk/comment/matches-brand-administration-london-shopping-scene-b1147460.html

A bad deal for Ashley - proves smoking is bad for your wealth. Company needed new lungs.

Consumer confidence in Germany is expected to increase in April and stand at negative 27.4, down from the previous revised figure, a joint report released by the market research institute GfK and the Nuremberg Institute for Market Decisions (NIM) showed on Tuesday.

The economic expectations indicator is forecast to increase by 3.3 points to negative 3.1. The income expectations indicator is expected to climb 3.3 points to negative 1.5.

"The recovery in the consumer climate is slow and very sluggish," NIM consumer expert, Rolf Burkl, commented. "Real income growth and a stable job market themselves provide good conditions for rapid improvement in consumer sentiment, but there’s still a lack of planning security and optimism about the future among consumers."

Baha Breaking News (BBN) / RR

Inline with BOO's own guidance.

ASOS BOO ASOS - Keep looking but there are big differences.

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.

Welcome to Britain, we hope you enjoy your stay on this BB & learn of our ways in dealing with all things. Please complete our happy little survey & leave us your thoughts on a google review.

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?

Could be our Dr. Cooley playing a short .

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.

Some light relief - up 2% on 1M volume