Member Info for OracleofOldham

that and most of the share holder seem to be very easily scared off.
Every couple weeks something comes up and we drop.
I've cut back a lot on here as even though I still see this as a great growth opportunity, the share price just hasn't followed and at the moment there are lots of top quality stocks with good dividends who are on sale and have been streamlining their businesses so I think my money is better invested out there.
Still leave a little here and if it does go under 300 again will add more but don't see much share growth in the next year unfortunately.
this new tax may not even come in but the thought of it will hang over the price (even though it will affect main competitors and the bricks stores still won't be able to compete) and think there will continue to be a move in the stock market away from online shares to the sectors that have been worse hit.

Good luck those who are happy to keep holding, hopefully one day the UK will be able to price online/tech companies properly.

yes, can't imagine a worse situation for a company like this than an international lockdown so the fact we were able to survive this shows the company is resilient, and may have also put a lot of opposition out of business.
Future looks good, I expect more upward movement as we get closer to the summer.

Prism has more current assets than total liabilities so don't worry too much on the overall losses as others said it means all the money they can is going into growth

You know RDSA divided is paid In euro and you'll be taxed on it I hope?

I got similar response from HL.
The SIPP part is interesting as if there's no benefit how come you pay no US capital gains on SIPP holdings but still 15% in an ISA (on div)?
Maybe a pension thing is my only guess

hopefully upwards this time! :)

I do find him the worse presenter because he has his mind made up and just talks over anyone who phones in with a different POV.

Blaming Boo or anyone else is a joke, the fact Debs went bust means the makeup wasn't right. Too many stores, too many staff.
Maybe Boohoo is to blame for ToysR Us, Woolworths, etc.
If he want's to blame anyone he should look at the cost of business rates. There's a reason for eg in the US you have row upon row of stores and fastfood outlets that are never full because they can actually afford to run their stores without needing to be packed with customers 24/7 just to cover their rates (Oh and that Amazon, ebay etc pay sod all tax).

Basically he should be blaming the gov for setting up the system so stores can't have big enough margins to be profitable unless they sell food (unless you're M&S!) and that they weren't supported by the gov because too much money disappeared to party donors and turkish ppe manufacturers.

The simian army keeps Netflix running.

wasn't it 40% up in pre-trade? It's almost 50% down at moment, some people not eating for a few weeks I'd guess.
Just gamblers, each to their own but make sure you know you're gambling not investing.

good advice, get in late on a pump and dump scheme.
Those businesses are still dying so the only guarantee is in the long run you'll lose your money.

Why not stick it all in Hertz too.

lol 12000 jobs are being lost. I don't think we can turn that into a positive for the economy.

Plus indeed the majority will likely be younger generation.

Sad for them as without the pandemic they would no doubt still have jobs, and it's not a good time to be out of the jobs market but this will not be the last big redundancies.

Still good deal for Boo which I am afraid is the main thing though I do appreciate the bad situation a lot of people will be put in.

Oh man don't hit me with those negative waves so early in the morning.
It's a mother beautiful deal, the marketplace move looks a great complement selling other brands will pull more customers to the site.
The talk that we should just stick into young women market makes little sense to me, this is a growth stock which has extended its customer boundaries with this deal.
Those saying ASOS has done better getting Topshop before even knowing the price they will pay are oddballs

I'm a holder at current price, I have cut my position about 2/3s in boo over last couple months as there is so much that still looks cheap. If this goes down near 300 I'll be a buyer
No planned selling price I only ever move out of growth share if fundamentals warrant it or I see better use of the money elsewhere.
My average is around 270 so have benefit of playing with profits which make it easier trim

Danl90
Visa and MasterCard seem to do alright from the credit card business.
20%+ interest, I'd almost lend you the money myself at that rate!

From Burberry's report

"There was also notable “triple-digit” growth in digital sales in China, even though most stores in the country have long since reopened."

Can't say what stock does on Deb's news, I would think it would go up 10-15% but I also think there will be more rotation from online and stay at home stock to travel and leisure so wouldn't be surprised if we did go down to around 300 in the short term but long term this does seem to be taking the right steps to continue growth so if your timeframe is a year or more you'll be up (probably!)

Ferrexpro

of course the future business environment is better for Lamprell then current whilst it is worse for Boo.

All we are is an online retailer, I think people are getting confused thinking everything online is tech.
The last year has been perfect for us and whilst the move to online will continue there will obviously be a big drop for the next few year of %age or retail sales online compared to offline.

This isn't an Ocado or even a Hut Group with technology it can sell to other firms and whilst in the long term this should continue to grow, if you were not already an owner of Boo and you had the option in current climate and at current SPs to buy into Boo or ASOS, or one of M&S, Next, or Burberry which would make more sense?

I'm still here as I bought at a price I am happy with, and if the price goes low I will top up, but if I was looking to buy retail stock at current prices and knowing the world will be opening up in the next few months, I certainly wouldn't put it here or in ASOS.

DYOR

The US people didn't say anything about the jump in jobless claims yesterday, or potential slow down in China from the outbreaks there which would slow the only fully open main economy?
Also not sure if the Biden stimulus will pass, I understand it needs 10 republicans to vote with it and it adds pushing up minimum wage which they are all against so expect there is less confidence in it.

In UK we have just been told we're going into a double dip recession, that the economy will be weaker than any other main power and that logistics firms are not delivering to UK because they can't be bothered with all the paperwork and cost increase, and companies that sell to EU are getting their stuff returned by customers who can get it cheaper in EU now that there is an import tax added.

There will be bull markets somewhere and in some sectors but I don't see it in online retail for example and that's most likely why we and others are dropping. I expect Boo shares will continue to drop over the next couple months (not in straight line) but will eventually rise again once it overshoots.

I see your confusion.
"to shareholders on the register at the close of business on 15 January 2021"

That is correct as tomorrow is when the share holders are being recorded by the company and that can give the impression that they are counting who holds it that day, but they are recording who held shares at 7.59am this morning (ie. Before trading started today).

If you think about it, if they don't count people who buy shares today in the div but took out people who sold the shares you would have dividend money left over and they can't just put it back into the company or give other share holders (or themselves) more because that won't balance the books.

Not that this really matters as probably none of you sold but just to let you know .

pubs and travel are going up because of the vaccine.
Think about it cruises are going to be back soon as old people are the first who are getting vaccinated so Easter they will all feel able to go back cruising. Also when the over 50s are vaccinated the UK (and other countries as they get vaccinated) will open up again. The retail/travel/etc shares are still 50%-70% down and with the furlough scheme and a year of less holiday and spending, investors think there is lots of money to be spend on pubs, shopping and travel which is why those prices are now seen as cheap and worth buying.
If you think the pandemic is near the end it makes sense to start moving out of shares that have done well in last year to those that are still underpriced (in your opinion) for a vaccinated, open world.

FYI I have sold here but will if I think there is a better place for my money as don't fall in love with my stocks.