PAUL Scott - Small Cap Value Report - COMMENTS6 Oct 2020 15:26
Boohoo (LON:BOO) (I hold) - just to surprise & delight all my readers, a comment on BooHoo! Drapers Record is reporting that failed Labour leadership candidate, Liz Kendall, has written to BOO shareholders suggesting that they oust the management team. BOO shareholders might want to consider this, if they have their brains replaced by cauliflowers! Why on earth would shareholders want to get rid of the management team that has delivered such spectacular growth & shareholder value? Particularly as the supply chain issue has already been dealt with comprehensively? Still, anything goes, when politicians want so score some points and appear relevant to voters. She's not even prompt on this issue, which has been rumbling away/flaring up, for about 2 years now, and has been addressed. Still, as I demonstrated earlier this year, every time the share price falls on background noise like this, it presents long-term, and new shareholders with an attractive buying opportunity.