Member Info for Peoplepower1

Tom Allsworth alone owned Medichem.

I can't see REVB legally being able to include in any deal for Medichem for even Tom Allsworth to sell his shares.

I can't see that REVB could make Allsworth and Minto sell their shares.

I don't see Allsworth and Minto selling their shares in any way because if there's going to be legal action it would be well scrutinised if they'd sold them under some deal.

I would think Medichem is all about getting a cheaper price and deferring the payment to 2025.

The Capital Markets Day is for existing investors and analysts. This is to keep them on board and may be needed to get REVB relisted.

Are the rises in Boohoo and ASOS today sustainable?

Wolf - if you'd read the links I posted you would see who is investing in Shein.

You're hoping the Shein business model isn't sustainable and that it's just another competitor.

According to Earnest Analytics who research credit and debit card buying, Shein have 30% market share in the USA. It seems to me you're underestimating Shein.

I can't see Shein listing on NASDAQ if it's going to be a problem for them.

I would suggest you read the links I posted in full. It may broaden your horizons even more about Shein.

Maybe learn not to be so rude when you post.

You seem to admire Hexam's posts and he is never rude.

Did you buy shares in ASOS? t4g?

It looks like you may have been considering it.

With any luck you may have taken some heed of my posts on here relating to ASOS and didn't invest your hard earned money into ASOS' shares.

Boohoo stated themselves it was the stock inventory reduction of £101m that helped them the most.

The words you used were, you were waiting for Boohoo to pivot. It looks like it pivoted the wrong way.

Something like 122 posts on CINE ver the last 30 days.

Are you invested in CINE?

Have you bothered to read everything?

I doubt it.

You're convinced, you're so right and don't even bother to read the stuff in full to try to learn anything from it.

This is a sure way to lose your hard earned money.

No-one it totally right or totally wrong.

Being convinced you're so totally right is your own downfall.

If you can't open your mind to learning from the opposite of what you're thinking, then that's your choice.

It's your hard earned money to risk and lose.

However, if you can, stop being so emotional and try to open your mind to see how you could possibly may be wrong.

Stop being your own worst enemy.and start thinking, hey I might just learn something useful from this and from others who don't agree with me.

Entrenched views lead to more entrenched views.

You were the one who was saying Boohoo was going to breakout upwards.

Yes everyone gives that excuse when they get it wrong that they're buying for the medium to long term

The last accurate accounts showed you that Boohoo was only saved through a reduction of their stock inventory. This is the only thing that saved them. This was a one off and can't be repeated again.

You're too emotional and too attached to Boohoo after two weeks.

It's called detective work. Some are older articles.

Read them if you can be bothered:-

https://startuptalky.com/shein-success-story/

https://www.crunchbase.com/funding_round/shein-b79e-private-equity--77c079c1

Nanjing Lingtian Information Technology Co. Ltd incorporated accounts

https://www.forex.com/en-uk/news-and-analysis/everything-you-need-to-know-about-shein/

Nanjing Xiyin E-Commerce Co. Ltd

https://www.caixinglobal.com/2021-06-03/in-depth-the-15-billion-chinese-fast-fashion-app-youve-never-heard-of-part-2-101722555.html

Xu Yangtian OR Yangtian Xu is Chris Xu

Zoetop Business Co. Ltd

https://find-and-update.company-information.service.gov.uk/company/FC033476/officers

You're the one losing money on your Boohoo shares, not me.

You're the one who was going on about Boohoo's share price was about to break out.

The only problem for you is the breakout is trending down.

The £325m RCF was included in cash and cash equivalents and also included net cash of £5.9m taking it to £330.9m so plenty of cash to buy the EBT shares.

The RCF was included in net cash and so is there to be used for the EBT shares.

Stop asking questions and find everything you can on google about Shein. There's plenty out there.

It amazes me you don't realise that Shein is taking market sharfe from ASOS and Boohoo when your own wife and other people's wives on here are buying from ASOS, Boohoo and Shein.

If Shein wasn't available at all then your wives would be buying from ASOS and Boohoo.

If Boohoo wasn't available at all then your wives would be buying from ASOS only.

Try to understand how a new player takes market share from older players. It's calle dcompetition and the lowest priced competition wins.

Sentiment against a share means very few people are wanting to buy it and so the price goes down and down for those who want to sell in order to find a buyer.

£70m net debt was predicted by the research analysts I'd read.

The only reason Boohoo didn't have £70m net debt was because they managed to reduce their stock inventory by £101m

This was a one off stock inventory reduction and can't be repeated.

More likely the money for the EBT shares came from Boohoo's £325m revolving credit facility

You think the employee benefit trust is going to save the Boohoo share price.

I think Norges Bank will be selling more of their shares to the EBT.

You're flailing around looking for anything that just might save Boohoo.

Sentiment's gone for Boohoo and ASOS.

That's the reality.

Continuing to hope something positive will happen when it is so unlikely.

It is Boohoo and ASOS sentiment. It's not good. Whether or not you like it. Shein has taken and is taking market share of both of them.

Too many things going against Boohoo and ASOS.

They've had their day and may never come back.

Credit Suisse cuts boohoo price target to 37 (45) pence - 'neutral'

Hope springs eternal.

Boohoo's trend line is down.

Follow the trend.

Exactly pedro61, however, they don't want to see this.

If you buy into a share, the trend line goes up for a short time, then the trend line goes down for longer, get out quick before your loss gets too big.

Never stick, hoping for a turnaround because your paper loss can turn into a much greater loss.

It's about capital preservation.

When the trend goes against you, then it's time to get out quick if you want to preserve your money.

Most people on here know I was never long at the top nor short at the bottom.

People who have been on here for some years know I've made loads of money out of Boohoo.

Sentiment is against Boohoo and ASOS too.

Shein is taking market share from H and M, Zalando. Next, ASOS and Boohoo.

It used to be Boohoo taking market share from H and M, Zalando, Next and ASOS.

Before Boohoo started, it was ASOS taking market share from H and M, Zalando, Next.

In 2015 people were saying Boohoo items were cheap and cr*p quality and yet look at how Boohoo grew from 2015 to 2020 because Boohoo were the cheapest. Now Shein is the cheapest.

ASOS grew before Boohoo came along, hence why ASOS' share price went so high.

Now it's Shein taking all the market share because Shein can undercut the prices of all of them including Boohoo.

And if another one comes along that can sell items cheaper than Shein, then it'll be that one and so on.

If you want to put your head in the sand and not believe anything I post, that's your choice.