Member Info for Peoplepower1

WeeWee - I think we've all been guilty of doing one .........

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Hopefully, the Women's World Cup will cheer us all up. And if they win, even more so.

Markets are jittery at present with China's economy, US maybe having to raise interest rates again, UK too.

Investors are fearful at the moment. It looks like the US Market may be coming back up. US Market now not as low as it was earlier.

Be careful out there.

Always do your own research.

You need to understand Mahmud Kamani and that won't be enough for him.

Mahmud Kamani won't see it like that. This is simply the first step for him. He'll need 100% ownership to feel he's in total control.

Mahmud Kamani needs more than a new CEO for Revolution Beauty. He needs to be in full control of Revolution Beauty. He won't have full control with 27% holding. He'll want 100% holding. That's the type of man he is. 27% won't be enough for him.

Mahmud Kamani will want to own 100% of Revolution Beauty. He will want full control. He's not into strategic partners. It's not his style.

Some of the LSE Rules:-

While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.

You will not restrict or inhibit any other user from using the boards.

Spk999 - good thinking. There are others who may want to buy Revolution Beauty.

Revolution Beauty sell their products through Walmart and Target.

Both Walmart and Target have increased their profits.

FT

‘Walmart beat Wall Street quarterly sales and profit estimates and raised its full-year outlook as budget-conscious US consumers seek low prices amid persistent inflation.

The world’s largest retailer reported revenue of $161.6bn in the three months to July, up 5.7 from the same period last year, and earned $2.92 a share, an increase of 55.3 per cent.

Analysts polled by Refinitv had forecast revenue of $160.3bn and earnings per share of $1.71.

“Food is a strength, but we’re also encouraged by our results in general merchandise versus our expectations when we started the quarter”, said chief executive DougMcMillon. General merchandise includes discretionary items, which US consumers have overall deprioritised in favour of essentials.

Shares of the retailer were up 1.6 per cent in pre-market trading’

Target have also increased their profit.

Oke - my guess is like yours. Somewhere in the region of 55p a share for the remaining 230m shares Boohoo don't own. This would be about £126.5m.

Oke - investment activity includes the purchase of other businesses or companies.

Oke - investment activity??

A new revolving credit facility of £325 million with a three-year term was agreed in March 2022 to support the group’s liquidity requirements and provide a greater degree of headroom and was fully drawn down to provide sufficient buffer for intra-month trading and investment activity.

Thank you WeeWee - good thinking.

So Boohoo may have brought in HSBC, a third corporate broker, to help them to raise long term and more stable capital to buy all of Revolution Beauty.

Boohoo need to own 100% of Revolution Beauty for future growth for Boohoo.

I think this is the only way for Boohoo to grow in the future is by owning 100% of Revolution Beauty.

Mahmud Kamani needs full control of Revolution Beauty and to do this Boohoo needs to buy out Revolution Beauty.

And no I'm not back.

I can't see a full listing for Boohoo. Mahmud Kamani hates to have to jump through hoops and a full listing would mean having to jump through even more hoops as far as he's concerned. Buying back shares is not in Boohoo's psyche.

Why draw down a RCF of £325m if you're not going to buy out Revolution Beauty?

Boohoo need growth and the only way to get it is by buying all of Revolution Beauty.