Member Info for Peoplepower1

Frasers have an influence being such a large shareholder.

Such large shareholders have much more influence than small shareholders.

I think Klarna is worth more than $30bn so you can see why Frasers want a foot in this payment system market.

Frasers have bought shares in Asos, Boohoo, Currys, AO World, etc. to get all of them to use Frasers Plus payment system.

I think THG are already using this Frasers Plus payment system.

Please don't look for confirmation bias when buying or holding shares. We need to learn to look for the negative points when buying and holding shares. It is so difficult to do this because we all want to believe we're right in our buying and holding shares.

FRASERS PLUS

Nothing to pay today. Pay in 3 for interest free

Control how you pay and earn exclusive rewards.

Representative APR: 29.9% (variable)

If you choose to pay over 6 months or longer.

This is Frasers Plus payment system.

I think the problem with Revolution Beauty is that it had too many products at higher prices than Warpaint. Plus Revolution Beauty Products are being made by their own Medichem factory which proves much more expensive for costs. I think Revolution Beauty still have to pay Charles Allsowrth £19m for this factory albeit spread over a longer time. Charles Allsworth is still on the management team at Medichem.

Revolution Beauty have a revolving credit facility of £32m which has all been drawn down. The covenants attached to this are pretty strict and if Revolution Beauty breach any of these covenants they could be in serious trouble.

So as far as I know Revolution Beauty's costs are much higher than Warpaint and its products are more expensive than Warpaint.

Warpaint's biggest market is Europe. They're just now going into the US with Walmart. This could affect Revolution Beauty even more because some of Warpaint's produts are nearly half the price of Revolution Beauty.

Please read Revolution Beauty's interim results and final results with negative points in mind and don't look for confirmation bias for your own positive thoughts on REVB.

I've made these mistakes too many times with shares. Confirmation bias is a sure way to lose money in shares. I know, I've done it too often.

It looks to me the majority of Frasers profits is down to their sports retailing. I may be wrong as I haven't read all of the Frasers RNS released today.

I understand Frasers have a klarna type payment system which they want the likes of Boohoo, Asos, Currys, AO World , etc., to use. This is where Frasers are looking to make money in the future hence their shareholdings in all these companies, so they can have influence to make these companies use Frasers payment system instead of Klarna. Klarna is a type of buy now, pay later, as far as I know.

Maybe read about Klarna and how it works.

From the RNS released on 26 June 2024 regarding the final results for revb:-

BANKING FACILITIES

As of 29 February 2024 the Group had a £32m RCF in place. As announced on 8 February 2024, the Group signed a twelve-month extension to the £32m RCF, which will now run until October 2025 and be on terms consistent with those agreed on 29 March 2023. As set out in the going concern disclosure in note 1 to the financial statements, amendments to the EBITDA covenant were made subsequent to the year end. As also set out in note 1, compliance with these covenants is forecast under the base case scenario. However, under a severe but plausible downside scenario, a breach of the amended covenants is possible, which has resulted in the Directors material uncertainty assessment with regard to going concern.

The problem with bulletin boards and things like final results is we look for confirmation bias instead of looking for the negative points about our shareholdings or the shares we want to buy.

I'm doing my best now to try to read final results from a negative viewpoint.

It is not easy being honest with myself about the negative points.

It is difficult.

Please don't make my mistakes and think everything is rosy or may become rosy.

Read through the interim results and final results from a negative viewpoint.

We need to learn to look for the negative points, so we don't fall into confirmation bias.

This is what I'm trying my best to do.

It is not easy.

I still keep making mistakes by not being totally honest with myself about the negative points.

FWIW, I've been looking at the differences between Warpaint and REVB. Why has Warpaint's share price risen so much compared to REVB's share price?

It looks to me like Warpaint's cosmetic prices are cheaper than REVB. For example, Warpaint's golden glow drops are half the price at £5.95 of REVB's similar item at £9.99 which called something like bronzing.

Warpaint have no debt whatsoever. Warpaint have rising revenue, rising profits, rising dividends.

Warpaint's biggest market is EU and they have managed to overcome Brexit difficulties to keep their EU market rising and rising.

Warpaint also have a subsidiary in China and sell into China through China's online market places.

Warpaint also sell in the Phillipines.

Warpaint get their products made in China and elsewhere.

Warpaint are ESG aware with packaging, Peta approval and I think it's called Planet Mark Approval. Their products are never tested on animals and are vegan friendly.

They use influencers and make up artists on all social media.

REVB are similar however they have their own factory in UK which adds to their costs.

I think these are some of the reasons why Warpaint's share price has risen and continues to rise compared to REVB's share price.

As far as I know REVB's revenue is expected to decline for 2024 whilst Warpaint's revenue is expected to continue to rise for 2024 along with its profits and dividends.

I may be wrong, so please check out Warpaint's final results for 2023 released in April 2024.

Investing in shares is the longest and toughest road.

We all make mistakes.

I have had many more failures than successes.

I try to learn from my mistakes every day.

Good luck to everyone with all your investments and shareholdings.

FWIW, I think Asos and Boohoo should have copied Shein/Temu in sending small packages, avoiding taxes and not needing containers nor warehouses. This is where Asos and Boohoo went wrong. If you see a winning formula, then copy it quickly. Asos and Boohoo continued to think it was all about fast delivery when really it was all about cheap prices. When it came to returns, do as Shein/Temu did by letting some customers keep the items rather than returning them as a reward for what they had already bought and kept.

Regarding Frasers, Frasers have now come out with a Klarna like payment system and want Asos, Boohoo, Currys, etc., all the companies Frasers own shares to use their payment system instead of or as well as Klarna. It looks to me this is why Frasers bought shares in all these companies to get them to use their Klarna type payment system. When these companies do this, then this will more than pay for Frasers buying of these company shares.

Plus when it comes to the mandatory 30% offer, Frasers simply have to comply with this by making an offer juste above their last share price buying price. Then Frasers has complied with the mandatory 30% offer rule, if they ever get to 30% shareholding in any of the companies they hold shares.

Frasers know where the money is to be made to increase their own Frasers share price and that is through all the companies they hold shares in using Frasers payment system instead of Klarna.

As Frasers said when buying shares in all these companies, it will become obvious why they've bought them. This obvious is to get these companies to use Frasers Klarna type payment system.

These are my thoughts rightly or wrongly.

Also, try to learn not to look only for confirmation bias on your thoughts on bulletin boards about the shares you have and own. This won't help you to learn from your mistakes. This is what we all need to do is to learn from our investing mistakes every day.

I've been there, done it, got the t shirt, I've made every mistake you could possibly make when it comes to investing in shares and looking for confirmation bias for my reasons for buying and holding shares on bulletin boards too. We all do it. It's trying to learn from it, this is the toughest part.

Good luck with all your shareholdings and hopefully legislation will finally make a level playing field for Asos and Boohoo against Shein/Temu. Or, even better the likes of Shein/Temu are prevented from selling anything in the EU, UK and US and Asos/Boohoo can rise again.

Good luck to all shareholders and their shares.

It can be the longest and toughest road trying to make money in shares.

We've all had successes and failures. For me, more failures than successes, I'm still learning and hopefully, I will continue to learn every day from my mistakes.

May you have more successes than failures in your share investments.

Ableton - trading volume is about 20m today so Frasers CEO Michael Murray propping up Boohoo shares today otherwise it would have gone lower.

Aerial view needed even for trading volume.

WeeWee - I think he's a speculator like yourself who has lost loads and loads of money on shares.

Looks like Frasers CEO Michael Murray may be trying to prop up the Boohoo share price again.

So much egg on his face with losses of millons and millions in Boohoo, Asos, Currys. Now he's trying not to look so stupid by propping up Boohoo's share price.

Don't follow him, it's a sure way to lose more money.

Boohoo is loss making and you top up.

Madness and greed go together.

Boohoo is loss making and it's expected to be loss making until at least fy2026.

This is what counts.

Stop throwing good money after bad.

Anyone who thinks posters have multiple accounts or an account is an AI chatbox isn't living in the real world and should never be investing in shares.

The greed on here is palpable.

Just james - rising eps and rising net profit is what counts, nothing else. The rest is peripheral.

WeeWee - it's being able to have an aerial view of what's going on for shares, including Tesla, that matters. You get too caught up in the detail that you can't see the reality.

Thank you Royga.

JustJames - margin, revenue and market share isn't how you make money on shares. As you can see nobody is interested in buying boohoo shares except speculators including Frasers CEO Michael Murray.

To invest in shares you need rising eps and rising net profit.

As WeeWee will have learnt recently. Tesla has gone down because his eps isn't rising. Looks like eps for tesla will have more trouble. Tesla having to reduce prices because of more and more competition. Too expensive to fix ev vehicles. Second hand evs not holding decent prices at all.

Boohoo has declining eps since about fy 2020, declining revenue since fy 2020, declining active customers since fy 2020, declining profits since fy 2020. Boohoo are loss making and are expected to be loss making to at least fy 2026.

Debenhams and Arcadia labels aren't working online. Asos has discovered this with TopShop.

Just like Elon Musk took his eye of the ball by having to buy twitter. Boohoo and Asos took their eye of the ball by buying TopShop, Debenhams and Arcadia labels.

Asos has huge debts and a £500m bond to repay so might never make it. At least ASOS has finally realised it needs to sell TopShop to repay debt. Asos debt is costing them 11%.

Boohoo thinks the USDC will save them. It won't. Too much competition from Shein and Temu. Boohoo need to offload Debenhams and Arcadia labels as soon as possible. Only then, might Boohoo survive.

Boohoo are still wasting money on Debenhams and Arcadia labels.

Boohoo is such a wonderful share that nobody will touch it except the ones who are consumed by greed and think they're going to make a fortune.

Even Frasers are losing millions on their shareholdings in Boohoo, Asos, Currys, etc.

Frasers when as Sports Direct didn't pay their employees the minimum wage. Mike Ashley, another Phillip Green. Too many Phillip Greens out there.

Be careful, you get your fingers badly burnt with these people. Greed consumes them too.

WeeWee - you must be losing loads and loads of money on all your shares.

I made £600k on Boohoo and you're still losing. This is what happens to newbie investors who think they know it all.

They lose everything.

This comedy series gets better every day.

Greed does awful things to people. The evidence is all here.