Member Info for Peoplepower1

WeeWee - and mulberry, next, ao world, currys, etc., etc.

Look at things from the perspective of what could go wrong with Boohoo shares rather than how much money you'll make if it goes right.

Basically posh gambling but always using a stop, never average down, only buy when the percentages/probability is in your favour and learn to take lots of small losses.

It's a pain at times having to sell when youre convinced it'll probably recover again but just have to stick with it. Can always buy again later.

Https://uk.investing.com/news/stock-market-news/porsche-reports-183-operating-return-in-first-nine-months-confirms-forecast-3203892

Even Porsche is being hit by economic woes, high interest rates.

The questions on peoples' minds will be:-

Did Asos sneak out a warning by delaying results?

Will Asos have to delay results beyond Wednesday 1 November 2023?

These questions will spook investors and rightly so.

What goes on at Asos affects Boohoo too.

Frasers aren't interested in buying two loss making companies like Asos and Boohoo.

They're not interested in merging with them.

Frasers are out to make some money from Asos and Boohoo through synergies like learning how to get more revenue out of the likes of I Saw It First and Missguided.

There are 1.3bn boohoo shares in issue so there's plenty of free float for Frasers to buy more shares.

Frasers have shares in Asos, Boohoo, AO World, Currys, N Brown, Mulberry and probably many more.

Frasers are hoping Asos and Boohoo will turn themselves around and Frasers can make a bit of money from these shares.

Frasers started buying Boohoo early part of 2023 and have lost money on the shares they've bought then.

Shorts will be here for a long time to come. Boohoo have already said they don't know when the turnaround is going to happen.

Boohoo is loss making, revenue is declining, active customers are declining, debt is rising.

Institutional Investors aren't buying Boohoo shares. The majority of private investors aren't buying Boohoo shares. Earnings per share for Boohoo have been declining since fy 2021 and are expected to decline until at least fy 2026. Growth companies have earnings per share which rise and not decline. Hence why the share price is at 30p and could go lower.

Never buy shares without doing loads of research yourself.

Never follow the likes of Frasers or Umar Kamani or anyone into shares without doing plenty of research yourself.

Https://www.thetimes.co.uk/article/asos-delays-results-while-warning-of-lower-earnings-qrbxl7tft

This article will be affecting Asos and Boohoo's share price today.

Brilliant post pipedreamer. Thank you.

Spk999 - you never come back with argument and debate which suggests to me you haven't done your research into Boohoo and REVB.

Being comfortable with your choice of shares is neither debate nor argument, it's evasive tactics. You haven't done yoru research and you're frustrated with yourself and taking it out on me.

Get off here and do some proper research into your shares.

Personally Boohoo's diversification into Debs etc might prove to be another big mistake like Revolution Beauty.

Boohoo needed to stick at what they were good at doing which was fast fashion and put the money they spent on Debs plus other labels as well as REVB to compete against Shein.

I think they've got it badly wrong by diversifying into stuff with little experience.

Their experience lay in fast fashion and their focus should have remained there, imo.

Scb - still desperate by posting my old posts from over two years ago.

When are you going to learnt that Boohoo is no longer the Boohoo of more than two years ago?

Boohoo is now loss making, fierce competition from Shein on price. Regardless of Boohoo's diversification, Boohoo still makes the majority of their revenue from fast fashion. This is obvious to me because Mahmud Kamani has already said it's all about price.

Boohoo are throwing everything to reduce their prices to compete against Shein.

When will you see what's at the end of your nose?

For the sake of Boohoo, let's hope ASOS don't delay their results beyond Wednesday, 1 November 2023.

Book value share price is a good starting point to see what a share is worth. If you don't understand that, then you shouldn't be investing in shares.

Yes, we all know other things can come into play. Book value share price is a good starting point.

WeeWee - you don't even understand what you're invested in. Next is upmarket fashion compared to Boohoo. Please try to read posts in full and come back with arguments and debate. Insults are lazy retorts. Generalist statements are the same.

All these say to me is you don't know your shares.

Stay away from the chatboards and do some proper reading and research. You're too focussed on what you think you know, balance sheet.

Read some books on what real investors look for beyond the balance sheet.

Real investors don't trust anything a company says and are able to read between the lines of what's been said.

Your posts waste everybody's time.

Stop bothering me because you don't have a clue. Even with the balance sheet you get things wrong.

You assume everybody is like you. We're all different and don't operate the same as you. Try thinking outside your little box, you might learn how to make money from shares.

Boohoo's book value has been reduced from £400m to £380m and with about 1.269bn Boohoo shares in issue puts the Boohoo book value share price at about 29.9p.

Boohoo and ASOS using Frasers stores sounds more like it because Frasers can make money from them by charging them to do this.

I can't see Frasers wanting to buy two loss making companies like Boohoo and ASOS.

Qube Research increased their short on Monday 23 October 2023 from 0.99% to 1%. An increase of 0.01% which is about 130,000 Boohoo shares.

Systemica went down from 0.57% short to 0.47% short, i.e. 0.10%, on Monday 23 October 2023. The 0.47% short doesn't appear on the shorts now because it's below the threshold of 0.50%

A reduction of 0.10% is about 1.3m Boohoo shares.

Uncrossed trades (UT) are done by placing how many shares you want and at what price. It's completed over a short space of time at different times every day, so there can't be any manipulation of the UT.

Plus it seems to me that Boohoo are making most of their revenue from fast fashion labels and not so much revenue from anything else.

Hence why Shein is Boohoo's biggest threat because Boohoo's majority revenue is from their fast fashion labels.

Mahmud Kamani said at the interim results that it was all about price. My taking from this is that Shein is a huge threat fro Boohoo and Boohoo are desperately trying to reduce their prices to compete against Shein.

Revolution Beauty's Book Value is about minus £13m and it's book value share price is about minus 4.24p

With book values like that, REVB is well overpriced at 20p.