Member Info for Level5

43.1M BOOm

L2 looking very weird today. MMs pegged way up past 36.6p & now lots of activity.

Quotestream now showing 42.6M but still no big trades can be seen or searched for.

On Quotestream I see 42.3M shares have been traded but can't see any big trades above 60k.

The British Chambers of Commerce (BCC) revealed that 55% of export businesses in the United Kingdom have been impacted by the disruption of commercial shipping in the Red Sea, caused by Houthi attacks.

"In a survey done of more than 1,000 British businesses, the BCC showed that 37% of firms across different sectors and 53% of manufacturers and business-to-consumer service firms have felt an effect on their finances. In addition, the companies participating in the survey said they had faced increased costs, with some experiencing hiring container prices skyrocketing by 300% since the beginning of the attacks".

https://www.baha.com/Over-half-of-UK-firms-affected-by-Houthis-strikes-in-Red-Sea/news/details/61565768?internal=1

Boohoo mainly using air-freight but space must now be in short supply. Slow economic activity adds to freight capacity.

Air cargo represents 12% of air traffic.

https://www.aircargonews.net/data/iata-predicts-a-4-5-rise-in-air-cargo-volumes-in-2024/

NEXT profits up then they decide to spend large sums on Body Shop - pretty sure they are clueless. BS had a defined customer base which they lost in the last takeover. NEXT won't have a clue in how to attract new customers with that brand label. https://news.sky.com/story/next-weighs-move-for-stricken-cosmetics-chain-the-body-shop-13079757

BOO & REVB difference being its just online so doesn't have that customer image of the body shop.

BOO still has the dreaded sloping downward revenue to correct & the US needs to lead the charge upwards or Frasers will take what's left.

Lots of casualties in the retail world to come.

Any third party interest in BOO puts jets on the SP but as much as we may like a buyout I think BOO will remain as is until 2025. BOO needs more aggressive tactics for the coming periods & get away from decreasing revenues.

Any recent company RNS release from BOO with exception to the short lived SP incentive scheme results in a 5-15% decrease in the value of the SP - same as the doctor saying "you may feel a bit wobbly after this injection".

This week SP may fly around the 35p mark.

https://30rates.com/ftse

Not sure about the hammer, intraday chart looks more like a empty double sink.

Daily volume must kick well above 10M to get the happy strap on.

Monday will set the direction for next week. chances are the SP will most likely fall away.

https://ftsefutures.org/world-market-signals/

Flat lining on the 3yr chart & a nice W on monthly & annual chart.

More likely to drop today late afternoon & climb Monday if your following closely.

All fluff & feathers at present - nickels & dimes to come.

Volume too low to get too excited. Could change anytime. Wait until Monday if buying.

Frasers buying all retail - fashion, bicycles, it fact you name it they are grabbing it. Sounds like a future train crash.

Outlook nailed by Hexam.

Overlooked the small detail of a potential buyout though - be that Carol claiming another brand label or the likes of Frasers claiming Carol. A placing could raise some cash for a buyout should any opportunity appear. Boohoo US is key to progress. If it flops then there will be a long wait for +£100M in profit to roll in (if ever).

Job vacancies for Boohoo remain very low but in there current ads they state "we are now made up of 13 amazing brands and counting, we have offices all over the world and we’ve grown to a 7,000+ strong team we call our boohoo family". The desire to expand remains but market conditions will dictate any activity.

SP trend remains downward so best wait until next week. 32p now the rebound target.

Temu & Shein are taking the air freight shipping volume from others making it more costly & difficult to send shipments by air. Not helped by the Red Sea conflicts.

https://www.businessoffashion.com/articles/retail/shein-and-temu-upend-air-freight-logistics/

Full story behind a paywall - a bit like the SP - stick your money in & you see +40p

Never let your expectations take the lead

- low & almost static trading

- no company news

- lots of speculation amounting to nothing

All seems the perfect time to catch everyone off guard. Something is cooking in the back room,

Credit where credit is due 🤓🤓🤓 - you can always buy at a higher price.

Onwards & upwards I do believe. Some just like to see how the SP settles before making a decision.

Man gets his new gym outfit & doesn't give a muscle about todays SP

https://www.tiktok.com/@iambiggroove/video/7199823536934964522

It will work out in the end.

Ahhhhhh.

Some polished turb gonna buy all the shares & there be none left below 10p

Creeping up again - surely must bust in to double digits today.

Going up now.

JBER now up to 9.6p

Next 30 minutes could be an adjustment as sellers fall away then a another climb..