Member Info for Peoplepower1

t4g - you're concentrating on net debt when the huge elephant in the room for Boohoo is a net loss for at least the next two years.

t4g - the range for 2023 is net loss of £36m to £51m and the range for 2024 is net loss of £33m to £48m.

t4g - sounds like you like to mislead people on here with your EBITDA.

BAT is not Boohoo so stop confusing people on here.

Estimates from Stockopedia and Research Tree for Boohoo for end of year accounts for 28 February 2023 are up to £51m net loss, £73m net debt and 50% for gross margin.

And the estimates for end of year accounts for 29 February 2024 are up to £48m net loss, £100m net debt and the same 50% again for gross margin.

Warren Buffett doesn't like companies using EBITDA, he believes EBITDA can be used by companies to mislead investors.

Warren Buffett is credited with saying "Do the management think the tooth fairy pays for the Capital Expenditures"

Sounds like Boohoo are really in distress when they're deducting 2% from their payments to suppliers.

Doesn't bode well at all. For me, another reason not to buy and hold Boohoo shares.

Have a go at trading them. That's what I'm doing. Building up knowledge, skills and experience trading Boohoo shares.

t4g - the figures tell me that Boohoo shares are not a buy and hold for me. I trade them instead.

Boohoo shares go up and down regularly, they're a good share to trade. I'm not day trading. Loads of posters on here trade Boohoo shares.

For me, it's important people get to read the negative info about Boohoo too.

t4g - these figures tell me that Boohoo is not a share to buy and hold fro me.

t4g - I'm not shorting. I'm trading, like many others on here. I don't use these figures for trading.

t4g - maybe not to you. It does to me.

t4g - you have one way of looking at Boohoo. I have another. I've already explained to you that I'm only interested in net profit/loss, net debt and gross margin. Nothing else. These are what matter to me.

Estimates for Boohoo for end of year 2023 are up to £51m net loss, £73m net debt and 50% for gross margin.

Estimates for Boohoo for end of year 2024 are £33m net loss, £100m net debt and 50% for gross margin.

Estimates for Boohoo for end of year 2023 are up to £51m net loss, £73m net debt and 50% for gross margin.

Please note these are estimates only.

I prefer to work on estimated figures for end of year 2023 for Boohoo from Stockopedia and Research Tree.

t4g - no you didn't. Here's the proof from yoru first post on these figures

Pls explain how you think Boo could use up £300m when FCF is neutral, operational cash flow is positive and margins are at their absolute worst.

So you didn't reference it, it was only in a later post that you referenced it as half one.

t4g - for me they're as close to facts as you can get.

You used 6 month old figures and presented them as facts for today.

t4g - estimates which are usually in line with fact from my experience of these. The estimates for the net loss for end of year accounts for 2023 range up to £51m and for end of year accounts for 2024 a loss of up to £25m.

You may not like to work on estimates, I do. I've found forecast estimates to be excellent in the past.

t4g - I like to read everything including investingcube.

t4g - I told you, you need to subscribe to Stockopedia and to Research Tree. From them you'll get the latest estimates.

t4g - that's half one. I'm talking about to date. Free cash flow is negative to date. Operational cash flow is negative to date. Gross Margins have been decreasing for many years.

It's important for posters to read the negative factors about Boohoo hence why i post them.

t4g - I would have thought it was obvious. Boohoo is the only share I'm trading in at present.

That's a difference of 20,000 shares so what is it?

t4g - by the way free cash flow(fcf) is negative and operational cash flow is also negative. Gross Margins are decreasing.

t4g - it's my choice where I post and not yours to stop me. How many tens of thosuands of Boohoo shares do you hold?

I suggest you subscribe to Stockopedia and Research Tree. There you will find all the figures you need to understand how Boohoo may end up with £300m net debt and extremely little profit over the next couple of years.