Member Info for Peoplepower1

With income tax they would still have about £80m each if they had to pay 50% tax.

Minto and Allsworth together own about 30% of REVB This means they sold 70% of REVB at about 160p a share. That is about 200m REVB shares at 160p each. This gave them a total of £320m from their 70% sale. Please correct me if I've got my figures wrong.

Minto and Allsworth have about £160m each from the REVB IPO.

Boohoo have already bought nearly 30% of REVB knowing it is a goldmine.

Boohoo want and need REVB because they know what a goldmine it is.

Thank you t4g - Boohoo aren't going to get back to even 8% EBITDA.

Minto and Allsworth aren't forced sellers. They have plenty of money. You must remember Minto and Allsworth sold loads of REVB at 160p a share for the IPO.

Shein is online only. Omni channel is the way forward. Skincare is the most profitable.

REVB is in Walmarts.

Pedro61 - maybe pipedreamer could take a look at REVB and let us know what he thinks.

Plus, there'll be private equity looking at REVB. REVB has got its eco credentials too.

Excellent point Silverlight, thank you.

Yes you're so right Silverlight, thank you.

Plus I would think THG, ASOS and others may well want to buy REVB.

Boohoo need REVB to grow profits. REVB's revenue is about £200m at present. Boohoo could grow this to £2bn. They did it with Boohoo so they can do it with REVB. Warpaint, the same type of company as REVB make 10% net profit from their revenue. Skincare is where you make the most profit. REVB is omni channel and not just online. REVB is now in Walmart stores from early 2023.

Boohoo had £331m cash on their books for the end of year 28 February 2023. Boohoo said in their accounts they were looking for acquisitions.

Boohoo need REVB to grow profits. REVB's revenue is about £200m at present. Boohoo could grow this to £2bn. They did it with Boohoo so they can do it with REVB. Warpaint, the same type of company as REVB make 10% net profit from their revenue. Skincare is where you make the most profit. REVB is omni channel and not just online. REVB is now in Walmart stores from early 2023.

Boohoo grew the Boohoo share from 22p to over £4, 20 times, in 5 years. The reason the Boohoo share price is down is because of the competition from Shein and Temu.

I think Boohoo will buy REVB and will need to pay about 60p a share to get it.

Less than 10% of REVB's shares are held by small private investors. The rest is held by the founders, Boohoo and institutional investors. Boohoo will have to pay at least 60p a share to get REVB.

Plus I would think THG, ASOS and others may well want to buy REVB.

This would cost Boohoo £140m to buy REVB because Boohoo already own nearly 90m REVB shares.

Glowacki - Boohoo had £331m cash on their books for the end of year 28 February 2023. Boohoo said in their accounts they were looking for acquisitions.

Boohoo need REVB to grow their profits.

Boohoo grew the Boohoo share from 22p to over £4, 20 times, in 5 years. The reason the Boohoo share price is down is because of the competition from Shein and Temu.

I think Boohoo will buy REVB and will need to pay about 60p a share to get it.

Less than 10% of REVB's shares are held by small private investors. The rest is held by the founders, Boohoo and institutional investors. Boohoo will have to pay at least 60p a share to get REVB.

This would cost Boohoo £140m to buy REVB because Boohoo already own nearly 90m REVB shares.

Well said pipedreamer. Everything is about maths. The expertise is knowing how to use the maths like yourself.

For me, pipedreamer gets his maths very close to what the Boohoo share does. Follow his posts and see what happens. He will tell you near to close to it.

REVB had a big investment in it last week from William Currie Group. They bought 10m REVB shares at about £3m. Sir Terry Leahy is on the team at William Currie.

Only about 10% of small private investors hold shares in REVB.

The rest are held by the founders, Boohoo and Institutional Investors.

Hence why Boohoo will have to pay at least 60p a share to buy REVB.

When was the last time any institutional investor bought shares in Boohoo?

Try to read between the lines on that one.

I know all that from 8 years of Boohoo. You've been in and out of it a few times. You think you know everything. You don't.

You never will because you think you understand retail and you don't understand that too.

You've no idea.

Think about it. The share price is lower than when you bought. it's likely to go lower. Institutional investors aren't buying Boohoo. In fact they've been selling. The shorts are still in it.

Think outside the box. Look outside the box at who's selling, no big buers, plenty of shorts.

Boohoo need REVB.

I hate it when posters don't do their homework in full before posting.

Jupiter had 18.14% of REVB shares on 19 July 2021.

Boohoo bought all these throughout 2022 with the majority of 8.43% being bought in November 2022.

It looks like Boohoo may well have bought some more of their holding in REVB from Mermaid in about June 2022.

So if you're going to correct a poster then do your homework in full.

If my maths are well out, then correct it. Don't just simply say your maths are way out without giving the right figures..

I invested in Boohoo in 2015 hence why I know it through and through and made money from it. I've known Boohoo for 8 years. You've known it a few months.

I know what Boohoo was and I know what it can't be again. I know what it needs to be profitable again and that is REVB.

I know about acquisitions. I've seen Boohoo buy Nasty Gal. Nasty Gal was a better acquisition than Debenhams.

There's too much competition in fast fashion a dn fashion.

Mahmud Kamani knows this now, hence his foray into REVB, he knwos where he needs to go. You're a newbie to Boohoo and to fast fashion and fashion.

You've very little knowledge about these. You may know a balance sheet. You need to know more. You need to knwo the business and the competition inside out. You don't.

I disagree. Boohoo is no longer the business it was. It's never getting back to what it was. Boohoo knows this. Boohoo need REVB. REVB is what Boohoo was in 2015 albeit in beauty and skincare.

Boohoo know they can grow REVB like they did for Boohoo before Shein and Temu came along..

REVB is Boohoo's future.