Member Info for OracleofOldham

This is how you drown

If democrats sweep they can push for their big stimulus package

Then you remember it will be this government organizing the vaccine rollout and you realise how screwed we are.
Sure they will get some company they are non-directors of to administer it for a few billion, lucky they saved money not giving food to poor kids.

It already did happen, in the UK at least.
All the other making indexes recovered or almost did. USA, Japan, germany. Just the FTSE which is still in bear market compared to March highs. Seems to fall harder and recover worse than all the others which could be down to Brexit bit also lack of tech stocks. From a contrarian perspective the perfect place to put your money

It says clothing sales have remained weak just for balance, though hopefully online we have continued to take a larger part of the sector.

"Spending on household goods has been particularly robust, with millions of office staff still working from home. But fuel and clothing sales are weak - again, with much fewer people commuting than usual, and rather less opportunity to socialise too."

About 20% say they have which is not quite the same.
Also plenty who say they bought at the bottom and sold at the top.
We are in esteemed company apparently

so this stock does go up as well.
Good to know :)

sounds like an excellent business model though think of the profit margins.
Next seems to be doing fine maybe our suppliers should have just destroyed all their papers and everything would be ok

if you think the last couple months modern slavery, short attacks, auditor issues pretty much bad new non-stop.
The share price is still around 250 so once they get clear air (no time frame promised) without all this bad noise around it what will the share price really be?!
At least 500 i'd think but of course that's down to getting a few months of clear air.

it looked oversold on the RSI so maybe just people coming in off that

maybe already shared (not that I take analyst prices overly serious as they change them with the wind but going pretty high on this one);

Jefferies backs Boohoo after PwC resignation
Jefferies remains positive on Boohoo (BOO) as auditor PwC prepares to step down.

Analyst Andrew Wade retained his ‘buy’ recommendation and target price of 500p on the shares, which fell 19.5% to 254p yesterday.

The Financial Times reported at the weekend that PwC was planning to resign over concerns about continuing to work for Boohoo, hit this year by a Sunday Times investigation which found workers at a factory making clothes destined for the online fashion business were paid below the minimum wage.

Boohoo said in a statement to the stock market yesterday that it had launched a tender process for the group’s audit and PwC, ‘having served as the group’s auditor since 2014, is not participating in this process’.

Wade said it seemed ‘unclear to us which came first, the launch of a competitive tender process by Boohoo or the indication by PwC of its intention to resign’.

‘Regardless, we see no suggestion of any financial impropriety and would be inclined to view this as short-term noise in the context of the investment case. We retain our positive stance,’ he said.

This is obviously being posted as bad for Boo Nd is hitting the share price accordingly but I'm thinking its more about the audit companies not wanting to have to audit the supply chain. They just want to do their nice easy high level audits and get paid not actually work so maybe it's Boo saying they are going to do all this work to clean up the chain and show all their workings that's putting the auditors off. If there is a financial issue then PWC are already accountable so their leaving doesn't help them.
Just a different perspective on events DYOR

Actually 3 snubs, KPMG can't bid as the report said.
All very exciting if you're into that kind of thing.
I doubt the financials are too bad otherwise they wouldn't be able to afford 5 acquisitions in the last year or so.
If volatility is not your thing you may want to stay away from growth stocks especially on the Aim

sounds like you may need to rethink using that function as it could end up screwing you over.
What do you use?

I can't guarantee but what I think this means is:

companies to make more money can instead of diluting their shares, sell bonds which will mature at some date and will pay a dividend during their life.
The way I read this is that BATS are going to use some of their spare money to buy up the bonds that their subsidiaries have sold to raise money.

This way whilst they still have to pay the price of the bond they will save money by not having to pay dividends any longer.

This maybe completely wrong so don't use this to make any big plans but it is how I understand it.

Freedom I think you are right (or maybe 47.9p).
Imperial seems to pay back end their dividend so 3rd and 4th interim are bigger than 1st and 2nd.

Dragging this back to the actual company this page is about.
Cheerful one danger is a company taking on too many or too big an acquisition in too short a time frame slows down their growth (MicroFocus good example).
They already picked up Karen Millen & Coast last summer and Warehouse & Oasis a couple months ago so if I was them I'd be consolidating before looking to bring snap up someone else.

This board is not a great one for investors as the amount of euphoria and pessimism will cause rash decision making.
Perhaps the constant request for an RNS on another acquisition or fund buying in speaks to this.

If you are going to buy or sell Boo then make your decision away from this board!

Guardian

14m ago
10:15
BREAKING: British Airways fined £20m for data breach
The Information Commissioner’s Office has fined British Airways £20m for failing to protect the personal and financial details of over 400,000 customers.

Good point on working with house builders especially with the push to build from the gov.
Regards Tesco I expect it will be more like stores will have one fridge, vacuum, etc on show but if a customer wants to but it it will be delivered through AO with Tesco taking a cut. A bit like Argos where they have items on the shelf but the one you buy is from the warehouse

Good luck
If your time frame is more than a few months you should be fine here. I would expect a jump when they state they are bringing the dividend back too and for me it looks very undervalued at moment but don't just buy because some random on a chat board said it looked good !