Member Info for Peoplepower1

Well done Okehurst1, you were totally right, I was totally wrong.

You have a great nose for shares, so look after it.

Now at 75m shares traded so probably shorts getting out.

That looks like it may be a short closing??

It'll take time for this Revolution Beauty news to get out everywhere.

This website is totally unreliable. Go to the London Stock Exchange website and you'll see all of the trades even the delayed trades.

Is this why Neil Catto retired from Boohoo this year?

Boohoo were planning to install him in Revolution Beauty.

Neil Catto was CFO for Boohoo for years and years.

I think the two ex Directors will certainly be voting with Boohoo.

I would think Boohoo may have already sounded them out.

It's a done deal.

At least it's gone past the moving average for 5 days on the daily chart.

Maybe a good sign.

To get the share price moving up, Boohoo needed a catalyst and this could well be the catalyst.

This website has it at 22m with 7m bought and 2m sold.

See what I mean, this website is totally unreliable.

Nearly 33m Boohoo shares traded so far today according to investing.com

Don't rely on this website for info even when the share price is going up.

You can't attach a deal to Medichem for them both to sell their shares when only one of them owns Medichem.

Medichem is only owned by one of the founders and not both of them.

Adam Minto has no share in Medichem whatsoever.

The point is Boohoo may not take over REVB however everyone will be thinking they are going to take over REVB which will help the Boohoo share price considerably.

Boohoo have brought this out just before their own AGM.

My guess is so Boohoo have their own people.

Plus I don't think Bob Holt is great at growing businesses

Everybody else thinks he's wonderful. Personally, I don't.

Interesting development with Revolution Beauty. That's one way of doing it.

Revolution Beauty's figures show online beauty has gone down too.

Yes, of course, all along it was a calculation.

You still won't see it.

Had Shein not come along nor Temu now too.

Boohoo could have grown to £100bn sales revenue. The world was at their feet.

Now I realise why they needed to buy Debenhams and all the other brands. Boohoo knew they were losing out to Shein and had to diversify.

By diversifying they have the likes of Frasers, N Brown Group, Sosandar, Zara i.e. Inditex, Zalando and so on and so on.

Diversifying into Debenhams was an indicator that things were going wrong in Boohoo and I missed it.

Now I look for indicators on what might be happening with Boohoo or any business.

Here we go again.

I have explained this so many times.

At the time I didn't see the huge competition from Shein and now Temu too.

Boohoo were the cheapest in the world until Shein and Temu came along.

In life you're allowed to change your mind.

In shares you must alwasy keep researching to make sure you've not missed anything and more importantly that you keep learning to become a good investor.