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I commend the investors in BOO for their loyalty.They deserve to do well,just for that.But,blind loyalty will not move this share price.nor wishing that the board will buy shares have any effect.Fundamentals and headwinds are against this company,in my opinion.
You say they will grow their own cotton.They have purchased property.These things would not happen if they were going to get the expansion the market has pencilled in.They would not allocate capital in these areas.
The company is descredited.The directors are greedy.The directors are not the types the institutions like.The PE is very high.Competition is hotting up.Inflationary pressures have arrived.The Margins will be under pressure.So many better alternatives to invest in.
The truth ,the institutional buying that you all so desperately desire is not going to happen.why would it? This company is descredited,and the institutions ,even if they saw an investment case,would not touch it.They have so many better opportunities elsewhere,without the baggage.This will continue in a slow decline.Under 300 this might rise for a while but will eventually descend.Fair value much less than 300,in my opinion.
No big deal.The amount over that time period is minimal.The security will be tightened so the company will be squeeky clean.The bottom line will be healthier.The accounts will be submitted and the problem will be history.Why worry?.If the s.p. is here at this low point because of the theft then it seams obvious the thing to do is top up.You will not get this value again.Most people on this board think you have an agenda.Do you have an agenda? Do you enjoy winding people up,is that it? You know the answer to those questions the same as we know.Why do it?Is it a mental issue? There are people you can see for this type of thing.You can get this sorted.
You are right,but that is why this has huge potential going forward.A vitual break even in a covid year with all the turmoil is a great result.Cash at hand and expansion planned.Well undervalued.I Have doubled my holding today.
The board have said accounts are on their way.I beleive them as you provide nothing to say otherwise.Why is your brain wired up to get pleasure from this share price going this low? Something not right with your wiring.The holders know that this is worth much more and they know the value offered here.Time will make you look even more stupid than you presently appear.
Bushy.You are wasting your time deramping this. Metal head is showing you up.Everybody believes him.Nobody believes you.Why?? Because he backs his words with proof.You on the other hand are pathetically juvenile with insulting comments and nothing at all to back up your comments.You have zero credibility on this board and no doubt,in real life itself.Sorry to be so blunt but people like you need bluntness,so as to get the message.