Member Info for NGC001

Thanks for the response #theoldmansdoneit.

I need to do some more digging I think...

I'm looking to invest here and just can't understand why the price has been in constant decline.

Anyone able to offer a bit of insight as can't see what I'm missing here?

Looking at how this behaves there is no doubt some manipulation is happening.

The good news is at some point they are going to have to let this go and once they do it will really fly imo.

That's what I'm waiting for.

What a crazy end to the day.

Can't wait to find out what's really going on and who's buying...

Seems someone is positive on retail at least..

https://www.business-live.co.uk/retail-consumer/stake-revolution-beauty-increased-former-27708062

William Currie Investments is led by Bill Currie who was previously a retail analyst for Barclays (BZW), Hoare Govett and Charterhouse Securities, where he was joint managing director. Previous investments have included ASOS, Boohoo, THG and Caffé Nero.

Very positive and interesting article on the strategic shifting in marketing.

Reassuring that BOO know exactly what they need to be doing and at the front here.

Who’s that, your manager at domino’s pizza?

Not 100% sure, but looking at short positions on LSE, seems Qube Research and Technologies Limited have totally covered their 0.5% short position?

https://www.lse.co.uk/ShareShortPositions.html?shareprice=BOO&share=Boohoo

I think to say MA is no more an expert than you or me is clearly not the case and just degenerates your opinions.

Everyone makes mistakes, that how the best people in the world learn.

Mahmud Kamani I believe has 17% holding, so with MA up to 9.1% and rising (no brainer at these prices) he must be getting very twitchy indeed...

It's going to be very interesting indeed to watch what unfolds...

Citadel starting to cover their short it seems..

Citadel Advisors Llc 0.57% -0.12% 29 Aug 2023

Alex1621 - Yes I would agree, the actual intrinsic value right now is 77p, but the future potential puts it above this in a bid situation.

The intrinsic value of BOO stock under the base case scenario is 77.1853 GBX. Compared to the current market price of 37.2135 GBX, boohoo group plc is undervalued by 52%.

What does a corporate broker do?

Brokers play a vital role in advising on share market conditions and the likely demand from investors for the company's shares. They also represent the company to investors to try to generate interest.

Wow what's going on here then!?

Spread looking better at the moment. Hopefully we will break 70p...

Global legal business DWF (DWF) is offering ‘significant value’, according to Berenberg.

Analyst James Bayliss retained his ‘buy’ recommendation and target price of 160p on the stock, which gained 2.4% or 1.3p, to 55.2p on Wednesday.

He said the shares had underperformed despite posting a ‘reassuring’ full-year update last month and are down 33% year-to-date.

‘We struggle to understand the severity and direction of this reaction, noting management’s reiteration of its confidence in the future; its low balance sheet gearing; its exposure to annuity-like, defensive earnings; and its significant asset-backing through the group’s case book and working capital,’ Bayliss explained.

He said the shares are trading on ‘just 4.3 times full-year 2024 price/earnings, with a 12.1% dividend yield and a 16.6% free cash flow yield’, which was ‘substantially at odds with our expected double-digit earnings compound annual growth rate and story of margin improvement and deleveraging from here’.

He added that the current valuation implies ‘a high degree of unfounded concern about the delivery of future profitability and debt forecasts’.

https://citywire.com/wealth-manager/news/stock-talk-dechra-berkeley-dwf-lookers-halfords/a2419979

Sir Nigel in the TU referred to the company performance and business as "Robust".

According to the dictionary, robust means;

a: having or exhibiting strength or vigorous health

b: having or showing vigor, strength, or firmness

c: strongly formed or constructed : STURDY

d: capable of performing without failure under a wide range of conditions

Since they are lawyers, they will always choose their words wisely.

I can't see the negative yet, just speculation. I hope I'm right here and this will correct very soon, time will tell.....

Looking at the volumes I am personally hoping this is retail panic selling with little substance.

I continue to hold as making quite a paper loss right now, and will ride it out long term.

I do believe in this company, although communication isn't what it should be.

It seems such a severe reaction one one negative review after a generally positive TS?

Granted the volumes here aren't massive so it's the retail investors who are spooked with talk of a covenant breach.

DWF advise other companies on avoiding covenant breaches so this doesn't add up to me. Their reputation would be in tatters if that happens?