Member Info for mystic1076

Yes..agree..for Boohoo to do the same it will cost them perhaps 20m (legal, process, sourcing new suppliers, margin erosion)...all that has happened here is that Boohoo's fundamentals have been re-evaluated hence the new SP...ASOS are much further ahead in terms of maturity in Boohoo's market/turf.....as warren buffet said.. In the short-run, the stock market is a voting machine. Yet, in the long-run, it is a weighing machine...so £4.15 one day might have been voting due to sentiment...and £2 could be the weighing scale valuation!!!

Look at ASOS this morning. Down. Now look at the % intra day gain. UP by nearly 4%. ASOS will hit £40 well before Boohoo gets back to £3.00. The devils in the detail with ASOS trading update today. More realistic price margins with correct labour pricing is 10%..not the unusually high figures Boohoo was getting way with. That's me take on it. Will boohoo's other recent ex-high street acquisitions help in terms of growing revenue?

Money coming out of Boohoo and going into ASOS? Peer comparisons, ASOS is the safer bet for the immediate future. I think that's what the market has decided by the divergence of both companies share prices...I reckon brokers are going to echo this sentiment...ASOS is muscling into Boohoo's clothing areas and product ranges.....???? Dont shoot me me down but prove I am wrong...

BP sp will rise and keep rising until investors/traders signal oil prices are about to change direction, the SP moves ahead of oil price direction.

Standard Life have sold of 80m at Thursday prices. Linked guardian article shows a connetion between dodgy supplier to founders family. This going to test the low 2.00s again next week.

https://uk.finance.yahoo.com/news/boohoo-shareholder-sells-off-shares-151130838.html

"Nahhhhhh you don't say so sherlocks!!!". ....did you even read the article I was referring to. If you did, you would have known that I knew Boohoo owned Karen Millen and other brands.... got some real daft reactionary people around here!!

What technical analysis you done to say the trend has turned?? Have you looked at MA crossing? buy signal??

I am not a de-ramper of whatever the phrase is. Just someone who likes the Ted Baker brand but looking for a right price to buy in at. I think if there is another correction in the market led by DOW/NASDAQ/S&P, FTSE 350 will fall and this could be a 50p stock. The likelihood is real cos covid cases spiking and unemployment high, high-street footfall low. To prove not a deramper, hold ITV, a buy there at circa 70p I thought was considered low enough but now in the 60s....!! Repeat, a stock is worth only what someone/market is willing to pay for it not how many millions bought it at a 75p price on one day.

Of course Boohoo, Primark, H&M been turning a blind eye for a long time re factory confidtions. What Karen Millen said on the yahoo posted article from a while ago is TRUE. That when a premium brand like KAREN MILLEN gets associated with fast fashion, that brand ceases to become a premium brand. Boohoo will end up destroying those brands, hence the small amounts they have paid for them should their bets go wrong! Fast fashion has a cost. I think there will be a margin cost, the previosuly quoted 25% growth rate will not continue. For now 2.60+ seems like the right valuation for this company.

Mick92 - good post and I agree with your sentiments exactly. Buying more every month makes sense to me.

This should fly higher based on this mornings trading update.

This affects all big retailers, perhaps Boohoo is getting more stick than others as the source is in the UK - but most companies use slave labour sweatshops in places like India where the problem is made to look more distant - or the perception that its a foreign country and we cant possibly control those conditions...Primark and others have all had these type of allegations in the past...

Btw have a knack for buying stocks only for them to drift downwards in the near term!! Think I have that effect on stocks lol

I am not scoring any points here but still considering the level to buy in at. I did say a few weeks ago this could fall below the placing price and it has today albeit very briefly. I think retaiil footfall is seriously way below normal, just wondering if Ted Sales online can make up for them?? I do think this is a great brand that will def NOT die out but the stock market seas are choppy out there! Does anyone here think like me, could it go lower??? As with boohoo, anything can happen but for this stock, just weighing up right technical entry point!

Ahead of tomorrow I am just wondering IF there is a whiff of optimism or trading being even marginally better than expected if this might motor higher??

Yahoo finance had an article this morning about Klana - the buy now pay later (if at all) payment company...used by Boohoo young's customers to fund their purchases. Klana will struggle as young folks don't have the jobs nor income to pay for the goods. This will hit Boohoo bigger than the noise about working practices - though that is going to pressure margins. Come on..how could Boohoo really have been making so much more than its competitors??? Those who thought Boohoo was going to go UP in a linear fashion clearly deluded. Still doing me due diligence on this company to make an investment but glad I didn't jump in as I was always sceptical. ASOS will disappojnt 3rd quarter sales I reckon and this will rub off on Boohoo. Going to see how this pans out the next month or so before considering...

What about Chancellor Statement?? Possible SDLT stamp duty cut in play???

Their engines are found in long haul jets and this is where the servicing revenue comes in...i.e. flying hours. If there is a placing I think at this SP level the discount would be minimal in my opinion. In fact the SP could rally on such news as shoring up the finances in expectation of a recovery would be a positive step?

As well as the slave labour allegations in the front pages of the broadsheets this weekend there is also the matter that younglins and millenials etc are paying for goods on the site using klarna - which is buy now buy pay later!! We all know young consumers do not and will not have disposal income to pay back...this is going to end badly...imho

Please read all. The SP was hovering at these 2.50p lows i anticipation of this type of announcment. Now the cats out of the bag wonder if there'll be an element of support?? Please read this logic...

Right now, the outlook for Rolls-Royce’s civil aerospace division is very uncertain indeed. Fortunately, Rolls has several other valuable businesses. The one that interests me most in the current environment is the defence business, which makes engines for military aircraft, helicopters, and nuclear submarines.

Last year, the defence business generated an underlying operating profit of £415m on sales of £3,546m. New orders totalled £5.3bn — a record-breaking performance. The company says the outlook for 2020 is unchanged, suggesting a stable result.

With the Rolls-Royce share price hovering around 300p, the market-cap for the entire group is just £5.5bn. In my opinion, the value of the defence business alone should cover most of that valuation.

In my view, anyone buying the shares today is getting Rolls’ civil aerospace, marine, and research businesses thrown in at rock-bottom prices. Although these operations are facing cyclical downturns, I can’t see any reason why they won’t recover.