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I see lots of positivity around. All saying "not going lower" at the same time as saying "looks like the recovery will take a bit longer".
Future is long & low & those moving averages may flatline until the end of April IMO.
Looks like Herbie won the week for BOO, hanging on to 53 with a magic marker.
Careful where you hide your money, still dropping on other stocks, may take more than a week to break the cycle.

WB - Buffett has made his fortune by relying on the time-tested rules of value investing, meaning finding high-quality companies at fair market valuations. He then holds these investments for the long term, some indefinitely, always allowing the power of compounding work its magic.

Sounds like T4G - Eh, AKA Mr Buffett :)

https://www.retailgazette.co.uk/blog/2023/03/retail-sales-surge/

Nothing else to do in the UK but go shopping - puzzled !":@£

Challenging days ahead -
https://internetretailing.net/editorial-how-john-lewis-amazon-just-eat-prada-and-boohoo-respond-to-rising-inflation/

Jongle - I did mention today was a difficult one to predict. 4% down was more likely than 0.78% UP but I did add to the rise.
Opinions are of the moment & if your late to the party, making a presence is all that's required.

Q. Can the SP rise above the 55p marker is the big question or has the downward pressure depleted?

In with the Herbies at 53. Race ya all to the next checkpoint.
Feels like a daytrade on top of the pie.

H&M out March 30th.

Eyes up, eyes down - all noughts & crosses & a bingo if your lucky.

Looking across other stocks, the chances are high for a red afternoon. Have seen large volumes being dumped late yesterday so for BOO maybe harder to predict but likely to end 4% down.

Looks like a silent day across the board until noon.

With material that thin - pop out , pop in. What about some nice woolies - armour piercing nukes are harder to spot.

NM - simple solution - follow other food manufacturers. Smaller quantities for the same price. Can be the only way forward unless supply chains are slimmed down.

From January RNS.

FY 2022 PRE-CLOSE TRADING UPDATE

· On a continuing operations basis1, the Group expects to deliver full year like-for-like2 ("LFL") revenue growth of c.6.5%

· Disposal of Packaging and Filters divisions completed, realising Essentra's strategic goal of becoming a pure-play components business

· Q4 2022 continuing business revenue declined c.3.0% compared to Q4 2021, on a LFL trading day adjusted basis

· Pricing and proactive cost management actions have offset the Q4 volume decline profit impact

· Acquisition of the Wixroyd Group announced in December

· FY 2022 adjusted operating profit remains in line with the Board's expectations

· As previously guided, the Board confirms its intention to return approximately £150m to shareholders in the first quarter

Essentra plc, ("Essentra", or the "Company"), a leading global provider of essential components and solutions, today provides a pre-close trading update for the 12 months ended 31 December 2022.

On a continuing operations basis, the Group expects to deliver a robust financial performance with full year LFL revenue growth of c.6.5%. FY 2022 adjusted operating profit remains in line with the Board's expectations.

In Q4 2022, as anticipated, the business saw a period of slower global economic growth, with toughening market headwinds. Coupled with the strong comparative for the quarter, LFL trading day adjusted sales declined by c.3.0% compared to Q4 2021. Performance in Q4 has varied by region. The European business has continued to deliver growth at moderated levels, whilst the US business has faced greater headwinds, with signs of distributor destocking. Asia has seen a continuation of disrupted trading in China as a result of enforced lockdowns, with that disruption showing signs of abating through H1 2023 considering recent changes in policies.

Management remains confident in the business' ability to pass through price increases to offset cost inflation, and the underlying business operations remain strong. There continues to be an improvement in customer satisfaction and service levels through Essentra's ongoing focus on enhancing its hassle-free proposition.

AFRICA - demand for clothing is hugh IMO
Primark have a store in South Africa (since 2021) & so do H &M.
Nigeria (Population 214M), Uganda (Population 43M), Senegal (Population 16M), DRC (Population 102M) etc. - Huge markets where Boohoo could do very well at this point in time.
https://www.afdb.org/en/news-and-events/press-releases/africas-economic-growth-outpace-global-forecast-2023-2024-african-development-bank-biannual-report-58293

Although many tribes still exist, itchy grass skirts & vine leaves are long in the past. It's all the latest gadgets & fashion trends that the population are in to that often out dress the rest of the world.
https://za.pinterest.com/1lyzmq7ndzjen7q/african-streetwear/

Static shorts - not up, not down this month. I suggest their forecast remains in the balance.

CPi UP but maybe just a spike. 9% for April I wager.

Still don't see BOO heading north of 55p or South of 50p.
Choice between Blackpool or Ross-On-Wye if your leaving Birmingham & know your motorways. South is best unless you want your chippy butties illuminated.

A Strong push up this morning.

Big buys are happening now. 282.4K shares just bought at 177.63936p

A last minute RNS - can you all believe it?
Hold your breath, results are expected to be inline with guidance.

SP is on a spring drive through the meadows. Consider green shoots are appearing & Jongle prancing around the green fields in his Daisy underwear without a red marker in sight or be that T4G over the hills marking his lines in the sand.
Where do we go from here? - Up BOO hill then fly to the Sun in a paraglider as BOO is out of rockets. 55p folks.

Full year results tomorrow & final dividend announcement + 60M share buyback.

Today just seen a 185K buy for 177p - can't be bad.
If this time next week SP is 500p I'll be "Skippy the Bush Kangaroo".
There's only hope, desperation or being financially clever.

RazorsEdge - We all noticed you missed a post yesterday.
We're glued like junkies on this board.
Today was a good fix - markets up - still very weak though, might struggle to walk the day.