Member Info for Moneysponge

Company from what I can tell seem to be doing alright

What is causing the constant selling please??

Is there a big holder wanting out or something or some kind of death spiral finance just what is causing this to drop constantly

By hitting the ground you mean going bst right?

I dont see avct going bust

All i want to know is when will the death spiral end

from what i can see a death spiral is a finance provided where the financer can get money back on a discount to vwap basis

that means they can get there money back no matter what by avct just issuing more shares and the person then dumping them in market

probably what has bought this down recently

My only question is when do people think this arrangement will end???

If you only want to hear views that reinforce your own

Don't want to consider the possbility of any downside to AFC

Not interested in protecting the downside risk and only can see AFC investment multibagging in any circumstance

Then follow red hornets advice

Otherwise as long as its civil everyones view is valued in my view

especially those with a bareish predispozition

Thanks wundrum

Good post and yes I am aware of AVCT potential to be able to extend the use of chemotherapy.

What I am not clued up about is the death spiral.

I know what it is and roughyl how it works but I don't know when it ends for avct

My concern is that buying now I may find myself significantly underwater if the death spiral doesnt end soon if you get me. A guy on twitter called truant keeps warning people about it

I have wife and daughters and I can assure u 100% that they shop and love Primark

When not in Primark they will order from Shein

Boo used to be good in early days of the pandemic they ordered loads

not had anything from boo in way over a year now and that's despite the massive flash sales they keep having

Bottom line is you can get clothes much cheaper than from boo and that is what is going to matter most in the years ahead given income squeeze

honestly like i said earlier these little dead cat bounces are great for getting shorts on or for cutting longs. Price is already falling back.

It will hit 22p it's a matter of time

Am seeing fundamentalists say this is off to the moon

But chartist saying it's off to the dogs

Why don't fundamentals and technicals align on this one

Whats all this about a death spiral finance ? when will that arrangement end anyone please

Could be a good one this as myles shows on twitter but if someone is dumping constantly due to death spiral then its going nowhere is it

GFIN has the better business

But its still a dog right now

But gild is a dog with flees

Clearly a msasive raise is coming i just wish they would get on with it

Sillylittlesouthcoastbather

I thought u were on holiday!

Suppose when ur overexposed and heavily underwater u can't take a day off the bulletin bored

For fear of missing out on something

If u were that confident u wouldn't be here policing evrey post

MrProfit I think when it comes to a choice between paying the mortage or buying clothes people will choose to pay there mortgage

I think when it comes to buying clothes people will shop down so likes of Primark will do well as will Vinted and we already know Shein is smashing it in terms of sales

All this at a time when boohoo have spent a fortunate on a US distribution centre

er hello

People are happy to wait a week for there clothes as long as they are cheaper, delivery time is irrelenvat

Https://www.theguardian.com/business/2023/may/16/boohoo-loss-shoppers-return-items-fashion-high-street

£540m market cap

£91m in losses

What a golden short opportunity this is

Especially as shoppers further tighten there belts this year and inflation bites

Revenues down 11% , adjusted pre-tax profits fell from £82.5m to a £1.6m loss!!

Cost pressures including raw material price inflation, the increased cost of freight, combined with stock clearance and lower sales volumes also have had a significant impact over the year and show no sign of abating.

Great day to sell into strength and I suspect most will

My last post on WBI was 17th April, price was over 1p so no idea what ur talking about T4G

Anyway I got a trade on WBI wrong and admit it thankfully it was just a small position

What else is their to say

Now back to boohoo, sillylittlesouthcoastbather AKA Trading4good

You have ramped this at every price are you going to admit you got this wrong at any point

How much of your PF is in here and how much are you down?

Disgusting the way u ramp this dog day in day out

22p target comes from multiple sources 1 of them being the most respected chartist on Twitter Noel Borg. He sees 22p and so do I. Go read through his tweets and find it. I arent doing ur donkey work for u

Never said it will get there in a straight line but it will get there

to 22p

Newbies seriously beware as the frauds on here will ramp this at every price if it gives them a shred of a chance of clawing there mahoosive losses back

wich they'll never do

I didn't sell at 0.2p

But I did take a loss on a 5% position as had my average around 1.1p

No biggie when you know how to position size southcoastbather

Now then, shall we review all the prices you have said boohoo is a buy? lmfao

Even as early as a few weeks ago u were ramping this at 60p !!

And you have everything you own in here hence why your patroling the buletin bored daily

Even tho you said you was off on holiday

Overexposed, heavily underwater and miserable

lol

Sillylittlesouthcoastbather

How much money do GILD need to profit point anyone?

At this low market cap even raising say £2m is going to be half the market cap

Sadly I can see existing holders being wiped out here just like was done at gfinity

I started a thread on Friday saying that rally was ideal for selling into.

Now 5% down today

How many wished they listened

Oh well

Still can save a fortune by not being in this when it hits 22p

Boohoo still has “uncertainties” around its investment case ahead its of preliminary results next Tuesday.

Analysts at Deutsche Bank lowered its target price to 45p from 50p for the online retailer, although it retained a 'hold' on the stock.

The investment bank believes boohoo, which is trading at just 10% of its peak value in 2020, is now competing in a much more competitive market.

Like competitor Asos, boohoo has decided to focus on profits instead of sales, a move the broker questions.

Boohoo’s ‘buy and build’ strategy has masked some of the weakness in its core business, Deutsche Bank added.

Further clarity on this strategy in Tuesday’s prelims would help the investment case, although Deutsche Bank concedes acquisitions look unlikely at this stage.

Full-year 2024 underlying earnings estimates have been reduced by 17% to £78mln by the bank.

Absolutely no rush to be buying boohoo shares, if interested it would be prudent to wait for entry around 22p to give best risk to reward ratio. It's a strong sell for now

Looking forward to results

hahaha - drivel

Https://news.sky.com/story/asos-turnaround-pace-frustrates-fast-fashion-firms-investors-12877681

"The much-vaunted turnaround at Asos may take longer to deliver than expected. That is the main conclusion to be drawn from the results and trading statement published on Wednesday"

But I suppose Boohoo will be fine lol

I wonder how much Boohoo will end down this week

And how much into the red that will put disgusting rampers like southcoastbather

The chart is shaping up for one almighty drop by the looks of it

Which aligns with the struggling fundamentals i.e. increasing competition from likes of shein and vinted

Waifer thin margins

huge debt

inflated market cap

failed investment into REVB

Negative free cashflow

The list goes on

IParsnip if you dont know why people think ASOS results being bad will impact boo

Go look at Southcoastbather or T4G's posts from around the time ASOS last updated the market

They provided a reasonable update at the time and so everyone, especially the resident rampers were all pointing to ASOS saying how boo should expect the same and that boo should rise on the back of ASOS

Funny now how ASOS release a poor update and there SP slides that those same rampers don't want to pay any attention to ASOS lol

Litterally couldn't make it up but the truth is there in black and white, go look for yourself

These individuals especially sillylittlesouthcoastbather are disgusting individuals who would ramp there own granny into this dog if it meant clawing back there losses

Carnt trust a thing that they write