Member Info for Peoplepower1

WeeWee - I explained H2 was always higher than H1 because of Christmas, New Year, Black Friday, Thanksgiving, etc. Then you said it's about being against last years's figures. You were trying to make out Christmas, New Year etc., don't make a difference to H2 figures for Boohoo.

I explained I was comparing the guidance figures stated by Boohoo for H2 and H1 for fy 2024. I gave some examples of these from past years by subtracting fy from H1 to get H2.

Maybe, you could try reading my posts in full instead of reiterating exactly what I had said and making it sound like I hadn't already posted the explanation for how to get the figure for H2 and how H2 is always higher than H1 for Boohoo.

I pointed out in my past posts that H2 for fy 2019 was 17.5% higher than H1 for fy 2019. And H2 for fy 2020 was 20% higher than H1 for fy 2020.

The reason for doing this as stated in my posts was to explain the guidance by Boohoo for H1 fy2024 to be 10% to 15% decline whilst fy 2024 would be flat to 5% decline. The seasonal H2 would bring better figures for Boohoo for fy 2024 and so this would explain the higher guidance figures for fy 2024 of flat to 5% decline.

Also, any monies saved on freight, cotton and anything else would be going into price, proposition and speed. Boohoo have already taken these savings into consideration for their guidance figures for H1 2024 for 10% to 15 decline and fy 2024 for flat to 5% decline.

Anything else on here is simply guesswork by hopeful holders of Boohoo shares.

Please don't reply to this post because you clog up this board with insults and nothing else.

Here's examples of Boohoo's revenue for H2 versus H1 for fy 2020 and fy 2019, so you can see how H2 is higher revenue compared to H1 for these years:-

fy 2020 fy 2019

£1235m £857m

H1 for fy 2020 H1 for fy 2019

£565m £395m

H2 for fy2020 H2 for fy 2019

£670m £462m

H2 for fy 2020 was about 20% more revenue than H1 for fy 2020

H2 for fy 2019 was about 17% more revenue than H1 for fy 2019

Christmas, New Year, Black Friday, Thanksgiving, etc., make a difference.

West6809 - Boohoo are expected to make a loss of about £19m for fy2024 and a small profit of about £5m for fy2025. I got that wrong in my previous post. These figures are an average of what all the brokers' analysts think.

Boohoo made a loss of about £77m for fy2023.

West6809 - I hope it is for your sake.

Boohoo aren't expected to be profitable until at least 2026. They're expected to make a loss for fy2024 and fy2025, hence why the share price is so low.

This is why fy 2024 will be flat to 5% decline and not the 10% to 15% decline guidance for H1 2024.

This is Boohoo's guidance for H1 2024 and fy 2024. I'm trying to explain the difference in the guidance by Boohoo for the H12024 and fy2024.

This was guidance from Boohoo for H12024 10% to15 decline and fy 2024 to be for flat to 5% decline.

H2 is always better for Boohoo because of Christmas, New Year, Black Friday, Thanksgiving and so on.

H2 2024 covers Christmas and other things like Black Friday, Thanksgiving or whatever. So Boohoo are always expected to do better in their H2 than in their H1.

You have Boohoo including BoohooMan, Prettylittlething, Nasty Gal, Debenhams including all the brands that came with Debs, Karen Millen and the rest can be put together under one heading.

Not too much to ask considering they will have all these different figures already available to the Management Team.

Plenty of others manage to do it by brand and not by region.

I'm talking about analysts questions in a conference call to John Lyttle, Neil Catto, etc and not to someone like you.

And the reason they do it by region in the last few years is because the brand figures are going down.

Even then you can see the region figures are losing growth.

They did do it by brand and to change it to region suggests the brand figures are not doing so well.

When you start hiding brand figures then you need to realise this isn't good.

T4g - the analysts ask them for figures on Debenhams and the other brands. It's called good pr if the figures are good.

There you go again, nit picking about one post when you haven't read the rest of the conversation between west6809 and me.

Stop interfering in our conversation.

I'm trying to have a conversation with west6809. You need to read all our posts on this to understand everything that's being said.

Instead you pick one post and nit pick when you don't have a clue about the rest of the conversation.

West6809 - I've been researching and reading about Boohoo since 2015. I know it pretty well inside out. I know what Mahmud Kamani is like. I've got a good take on all of the management team.

Debenhams and the other brands have a long way to go. They're no longer bricks and mortar. They are purely online now.

If they were making such an indent on Boohoo then Boohoo wouldn't be guiding for 10% to 15% decline in revenue for H12024 and flat to 5% decline for fy2024.

They're not making any remarkable revenue or profit because Boohoo would be saying if they were. They are under the same umbrella however analysts would expect numbers provided for Debenhams and the other brands if they were doing really well.

West6809 - if it was that profitable then Boohoo would state it. So my guess is it's less than £5m profitability out of maybe less than £100m revenue.

If they don't state thee actual figures then, for me, that's because they're low figures.

West6809 - no it hadn't, hence why Debenhams went under and the other brands too went under. So, you're starting from scratch. Debenhams and all the brands were bought by Boohoo from administration for about £50m.

They'd all gone under and were bought on the cheap by Boohoo.

West6809 - it takes years. It could take another 3 years or even 5 years to get Debenhams and the other brands to be really profitable.

Boohoo was started in about 2006 and was listed in about 2014. I think the first profit made was about 2013 so that's 7 years.

The Kamanis had been providing clothing to the likes of River Island, Chelsea Girl, Top Shop before starting Boohoo.

You were the one who said net cash of £9m and they could repay the facility. It looks like you got it wrong too.

We were talking about net cash so hence the figure for net cash.