Member Info for Peoplepower1

WolfofWarks - try to think laterally on where you could find the information you want on Shein.

There's a clue for you on how to do some of your homework.

Qube Research have now got a short on ASOS of 0.55%

Always remember only shorts of 0.50% and above have to report them.

There will be loads of shorts below the reporting threshold of 0.50% in ASOS and Boohoo.

WolfofWarks - so if you know the answers where are they?

You do no homework on cost of sales items for online fast fashion companies, on incorporation in Jersey for Boohoo, this is why Boohoo won't ever move from AIM, on Shein.

You spout only rubbish on here making it sound knowledgable. You've been rumbled ....

Get off your backend and do some homework.

Anyone who buys Boohoo shares without doing loads of homework on Shein is gambling their hard earned money.

When buying shares to make money you need 3 things, good fundamentals, good technicals and a good market.

Okehurst1 - you need to do much more homework than you're doing on Bob Holt and Boohoo.

WolfofWarks - who thinks because his wife buys from ASOS, Boohoo and Shein that all 3 will do okay.

Shein, a chinese fashion company, use Tik Tok another chinese company, to its best effect.

Tik Tok is the place to pick up 12, 13, 14 year olds for future customers for online fast fashion.

Boohoo are well behind on use of Tik Tok.

Shein is the monster in the room for Boohoo.

Gross Profit is Revenue minus Cost of Sales hence why the nearly £45m for Sheffield Automation and Start up costs for USA, etc needs to be included in cost of sales.

WolfofWarks still spouting rubbish.

Bob Holt is known not to do a great job for companies in suspension/difficulties when he's gone in to be CEO.

Online fast fashion companies like Boohoo have 40 to 50% returns.

Boohoo have already stated their revenue will be down by 5% for end of year 2024.

5% means their revenue will be down by nearly £90m.

Do your homework.

WolfofWarks - Nomad, don't make me laugh.

Go and do some homework instead of spouting rubbish on here.

WolfofWarks - the big I am as usual. Claims Ragtrade worked for an ex supplier when we all know Ragtrade's is a supplier.

Wow doesn't even know about how Boohoo is incorporated - stupid man.

Also, could Boohoo sell anything without a distribution centre, no they couldn't. So distribution centres come under cost of sales. Wow thinks he knows best when he doesn't know anything except some text book stuff he thinks applies to Boohoo.

WolfofWarks - Boohoo didn't even put these items into distribution costs. They put them into exceptional items.

MiFID is for the protection of investors.

So investors are not protected in the AIM Market.

Wolf ofWarks - you're so easily fooled even when it comes to the AIM Market.

boohoo group plc is incorporated under The Companies (Jersey) Law 1991 and is accordingly not subject to the requirements of the Companies Act 2006. Its shares are traded on AIM, which is not a regulated market as defined under the MiFID.

WolfofWarks - you don't know. Are you an online fashion company, no you're not. So what goes into cost of sales for online fashion companies is different.

Scb - you don't understand. It depends on what the company does as to what goes into cost of sales.

Scb - again you're wrong. For Boohoo, distribution has to be included in cost of sales.

Scb - you're wrong, you're clutching at straws.

Anything whatsoever to do with distribution is included in cost of sales.

Citadel has upped their short yesterday 22 May 2023 by 0.02% which is about 260,000 Boohoo shares.

Check out short tracker website for Boohoo.

Trying to educate people like yourself from making my mistakes.

Boohoo would have gorwn exponentially had it not been for Shein.

Sadly I dismissed Shein just like others on here are still dismissing Shein even today.