Member Info for Peoplepower1

T4g - trying to drown out the negative posts and posters.

We know your game t4g.

So spk999 and t4g are on the same shift.

See how ridiculous such a post is.

T4g - one in four is tongue in cheek because it's so ridiculous.

T4g - the only person lying on here and not to be trusted whatsoever.

Uses tactics to drown out negative posts and posters because he's such a loser at picking shares.

Kodal, Harvest minerals, greatland gold and so many more. It's like he's putting his money into useless shares in the hope one might be a goldmine. What a total waste of money.

We know your game on here t4g.

Spk999 - it helps to read my answer before posting. It was tongue in cheek or don't you understand such puns.

T4g - it was tongue in cheek, however you wouldn't understand such complexity.

WeeWee - yes t4g is heavily underwater. Having bought 40,000 Boohoo shares in 2016 at 40p holding them all the way up to 400p and back down again to 32p and even buying more at about £3 and £2.

Fortunately I made £600,000 on my boohoo shares. Could have made £1.2m if I'd sold them at over £4 hence why I try to help people not to make my mistakes and expect a share to keep going up and up. I ignored the rise of Shein too, more fool me, more fool you.

I'm lucky to have made money on tullow oil, pantheon resources, plexus holdings. It takes loads of time to do the reading and research needed to find the little gems today and in the past.

For me, Boohoo is certainly no longer a little gem. It once was, now it's gone past its sell date for me. There are much better shares out there to make money on.

I like the small cap oil companies and support companies for these. There's talk of oil going to $120 a barrel which will help these even more.

Exactly, the web traffic conversion rate is 4% and that's why I said Boohoo would be lucky to get 1 in 4 website traffic to purchase items.

4% web traffic conversion rate and that's supposedly good because many are at about 1.65% these days.

Oke - I never quoted 50m returns. scb stated this not me.

I wish people on here would spend time reading posts properly and more than once.

Well said Teddy100 - Shein and Temu are disrupters on steroids. These companies have huge backing by rich funds. Boohoo and ASOS have no money except in loans or RCFs.

T4g - website traffic doesn't mean purchases. They'll be lucky if one in 4 of website traffic purchase items.

You're out of touch with today's website traffic and conversion rates.

Never buy shares for fear of missing out. If this is your impulse, then sit on it for a number of days/weeks to see what happens to the share price. Better to protect your hard earned capital than lose it on fear of missing out.

How this could affect Boohoo.

Aarin Chiekrie, equity analyst, Hargreaves Lansdown:

“ASOS has had a rough ride lately. With net debt and cash flows both rising earlier this year, it had to resort to raising around £80m of new funds by issuing new equity shares. This isn’t usually a good sign, as it waters down existing shareholders’ stake in the company. However, the cash injection has provided some wiggle room to execute the ongoing transformation, so we’ll be looking out for early signs that it’s bearing fruit in next week’s trading update.

With revenue declining at double-digit rates in the third quarter, profitability rather than growth is now the order of the day at ASOS [LON:ASC]. Resources are being reallocated away from the US, where extensive investment has so far yielded weak results. Costs are getting stripped back too, with the group on track to hit its cost-saving target of £300m last we heard. These actions should stem the financial bleeding to some degree, so keeping a close eye for more guidance on where full-year profits are expected to land.”

EBITDA is a helpful metric as it helps you understand the core business performance but I think all investors agree it shouldn’t be used as a main KPI. It is too often becoming the default measure for companies to report on and many investors dislike that. What investors want to know is the PAT, the cash flow and the bridge to the EBITDA.

So investors like to exclude positive interest and include negative interest for example and they like to know whether depreciation is acquisition related goodwill or capex. They need to factor in as that gives better clues as to how a business will perform longer term but it’s a secondary metric.

Cynically, it is a lot easier to show a positive figure with EBITDA than with Post Tax profits - the heart of the matter. Also the ratios look smaller using EBITA and so seem more attractive.

You should read what Warren Buffet says about EBITDA. From memory, and I paraphrase, he says why stop at Earnings Before ITDA - why not use Earnings Before all expenses ?

"Who actually wants to be told about EBITDA? Hardly any private investors see EBITDA as a main profit measure. Indeed, most of the fund managers I listen to on webinars/podcasts also seem to dislike the focus on EBITDA. So why on earth do companies/PRs/brokers give so much focus to a profit measure widely seen as unreliable? It’s an ongoing bugbear, where the city is simply not doing its job of communicating to companies what many/most investors actually want to see in trading updates. Surely it’s the (adjusted if necessary) EPS figure that matters most, and is the most useful? Why not give several measures, including EPS, and EBITDA, to keep everyone happy?"

Many investors don't even look at EBITDA, if it's the only number they give, they go to the brokers note for EPS forecasts. If there's no brokers available, then they're not buying.

RNS released this week alone, we had

• EBITDA

• Adjusted EBITDA

• Statutory EBITDA

• Cash EBITDA

’The question is,’ said Alice, ‘whether you can make words mean so many different things.’

’The question is,’ said Humpty Dumpty, ‘which is to be master — that’s all.

People who want to sell shares in the closing auction includes the market makers. Have you ever bought or sold shares in a closing auction? No because the only online to have access to closing auctions is IG. Otherwise you have to o find a broker who has access to the closing auctions. It's an extremely sophisticated system which lasts for less than 30 seconds where you put in your bids and asks. Who do you think would have the most expertise to use closing auctions?

ASOS have now gone into the USA twice and failed. What makes you think Boohoo won't fail too?

Maybe website traffic - website traffic doesn't mean purchases. It's only website traffic and not purchases.

When will you ever learn that website visits doesn't mean purchases.

West6809 - answer the question and stop deflecting from it - so who do you think puts shares into the closing auctions, i.e. the UTs?

West6809 - so who do you think puts shares into the closing auctions, i.e. the UTs?

You need to be taking note of this statement from Aarin Chiekrie, equity analyst, Hargreaves Lansdown and how this could affect Boohoo:-

Asos' resources are being reallocated away from the US, where extensive investment has so far yielded weak results.