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Now only 5 full trading days to the trading announcement on Thursday 13th January with Revenues UP 10% - 20%..
Just a bit undervalued Rich,
Based on Accounts to 28th Feb 2021. Revenue £1,745.3bn. Profit after Tax £93.4m (5.4%) Eps = 7.43 x 20 = 148.6p
Forecast to 28th Feb 2022. Revenue £1,972bn. (+13%). Profit after Tax £102.9m (5.2% due to headwinds).
Eps 8.12p x 20 = £1.62.
Please can someone explain why this share price is not between 148p - 162p?
Thanks Johnnie for the post.
I have come to thinking the same.
Basically BOO, ASC & AO are all growth stocks. They will have tough comparisons to last year but will still grow revenues 10%-15% .
GL Jonnie.
The Share price was a disappointment last year and today.....However,
Accounts to 30th Aug 2021. Revenue £3,910.5m. Profit after Tax £128.4m (3.3%) Eps = 128.4 x 20 = £25.68.
If the Company grows it's Revenue just 10% to 30th Aug 2022. Revenue £4,310.5m. Profit after Tax £140.0m. Eps 140p x 20 = £28.00. Can someone explain why the share price is not between £25.68 - £28.00.
Very disappointed in the share price performance last year and not a good start to the New Year for this share..
Based on Accounts to 28th Feb 2021. Revenue £1,745.3bn. Profit after Tax £93.4m (5.4%) Eps = 7.43 x 20 = 148.6p
Forecast to 28th Feb 2022. Revenue £1,972bn. (+13%). Profit after Tax £102.9m (5.2% due to headwinds).
Eps 8.12p x 20 = £1.62.
Please can someone explain why this share price is not between 148p - 162p?
Ok Danl90. I look at all the Basics and Fundamentals of the every Company I invest in.
The Cash position for BOO at the Half Year was £98.4m.
So what is your prediction for the 28th February 2022 Year End Cash position?
Moose. The FACTS we post are based on the Fundamentals and it is clear that BOO is undervalued.
The Financial Accounts to 28th Feb 2021 shows that the share price is worth 148p.
As per the last announcement for this financial year , Sales UP 13% and Net Margin is 5.2%, the share price is worth 162p.
FACT. Deramping on here is a waste of time!!...
Most of the physical stores have a HUGE reduction in footfall and revenue. Who is next to go out of business? No support from the Government!
Who will be the next acquisition? For BOO to buy and giving then a ONE YEAR PAYBACK just like Debenhams!
I guess a lot of short reduction tomorrow as footfall in physical shops have dropped by over 50% on Boxing Day and every day going forward to end of February 20922 compared to 2019.
Based on the last RNS BOO Revenue for 28th Feb 2022 accounts estimated at £1,972m, Net Margin after tax 5.2% meaning a share price around £1.62. That is why Norges Bank bought more shares.
With the quasi-lockdown more people shopping online ...so Revenue will easily be in excess of £2 billion on 28th Feb 2022 Year End.
About 9 full trading days to go to next results.
and Yet another £1 million purchase went through at 17.31pm last Friday.
If we go back to Fair Value at £28...someone is making £1,000,000 x £28 / £21.78 = £285,583 profit...just on Friday's transaction. And even more on Thursday's £1 million purchase.. SO GREATER THAN A £500,000 bonus!!
BOO results on 14th January 2022. How many full trading days until then?
Last week BOO told us accounts to 28th January 2022 are roughly: Revenue £1,972m. Net Margin after Tax is 5.2%. Therefore, eps 8.12p ... if you use a P/e ratio of 20 for a growth company (BOO Revenues are growing at least 13% or more). Then share price should be £1.62 based on fundamentals!
Yes, BOO will fly, especially with their results on 14th January 2022.
With ASOS they report on 13th January 2022. Fair Value is £25.68 from the end of August 2021. So upside of + 13%.
For this financial year FV is £28.00 which is +23% on the current share price of £22.73..
Good morning MarkGo,
I did some further research yesterday it looks like the eps is low in comparis to 31.12.18 & 31.12.19 when eps was 33.55p and 14.17p respectively. For the current year I think a lot of impairments have been used to reduce eps for political and ESG reasons, but at some point BP will have to come out and say they are not the problem but the solution to climate change with all their cashflow to make the change to alternative energy. I plan to look in more depth at FCF. IC gave the median Broker share price of 400p.
Have a great day and thank you for your great commentaries.
Best, Oliver
Fundamentals from the accounts on 31st August 2021 provides a share price of £25.68.
If Revenues increase by 10% and net margin is 3.3%, the share price for this financial year is £28.00.
Hi Mark,
I like your summary of the current position. Unfortunately for me I have a large holding of BP pre-pandemic because of the consistent level of dividends for income. The good news is that I held all the way down and back up. I intend to hold to see Fair Value being reflected given the current oil price of $71. What do think the share price (based on fundamentals) will be on next results? Do you know where to find a reliable eps forecast for BP?
Yes, johnnykipper. About 12 full trading days to go to next results.
and Yet another £1 million purchase went through at 17.31pm last Friday.
If we go back to Fair Value at £28...someone is making £1,000,000 x £28 / £21.78 = £285,583 profit...just on Friday's transaction. And even more on Thursday's £1 million purchase.. SO GREATER THAN A £500,000 bonus!!
Someone bought 1 million shares after hours last night! They Know the selling is overdone.
ASOS Turnover is growing double digits, Profits and Cash are up!
Distribution centre in the US as well as New Lichfield facility are working well.
Fair Value - even with just 10% increase in sales ( like Boohoo) with a reduced margin (for Covid related costs) is £28.00. (UP +27%). Results are on 13th January 2022..... Only about 13 full trading days to go.
Someone bought 1million shares after hours :)
They Know the selling is overdone.
ASOS Turnover is growing double digits, Profits and Cash are up!
Distribution centre in the US as well as New Lichfield facility are working well.
Fair Value - even with just 10% increase in sales with a reduced margin (for Covid related costs) is £28.00.
Results are on 13th January 2022..... Only about 14 full trading days to go.
Good idea.
Fair Value on Results Day, which is 14th January 2022 , is £33.04 (assuming revenue up 20% and net margin of 3.5%.
That is now a 50% upside...
Bring on the Acquisition... who wouldn't buy a good company on the cheap in the middle of a pandemic when you are an e-commerce company!
Hi KAL.
Results due 14th January 2022.
SO ONLY 15 full days of trading...
Hopefully sales increase similar to Zara today of 28%..