Member Info for Peoplepower1

https://www.investingcube.com/boohoo-share-price-collapsed-in-2022-will-it-recover-in-2023-shares/

Is this where the 25p sp came from?

We all get things wrong with shares including me.

There's no need to be rude about it.

Understood.

As a shareholder, you don't want to consider any possible.negative points about your investment.

I'm putting forward my opinions on REVB. I don't have to own shares in REVB to express what I think.

I hope for the sake of shareholders that the sp goes through the roof when it returns from suspension. However, that's not my experience of shares. As I say, I may well be wrong about REVB. I hope I am for all shareholders.

The share price was at 19p before it went into suspension.

The sp could fall further after suspension depending on what comes out of the accounts. It could also go up.

No-one knows.

I've never read that Paul Scott sold Asos shares at 9p which subsequently went to £70. He may well have done.

He's human like the rest of us and gets things wrong.

Maybe people on this board need to consider they're human too and can get things wrong.

No Boohoo didn't buy any shares in the companies they bought from administration. These companies had already gone into administration before Boohoo bought them.

However, Mike Ashley, has been known to buy shares of companies that look like they may be going into administration and then buying them out of administration.

So there may be something in being first in the queue.

I don't know. You don't know.

Shares don't go into suspension because everything's okay.

Shares go into suspension because something's wrong.

Maybe stupidity, maybe not.

This speculation was suggested by Paul Scott who was a Finance Director for retailing companies and now writes the Small Cap Value Report on Stockopedia.

Boohoo have only bought companies that have gone into administration because they can be bought on the cheap. That's what I mean by cheap.

Boohoo have bought Nasty Gal, Debenhams, Dorothy Perkins and other companies out of administration.

There is no way Boohoo will buy out REVB. The only way Boohoo would consider buying REVB is if it went into administration. Boohoo only buy companies on the cheap. They're very good at this.

The problem with REVB's financial accounting is that they may have had contracts with the likes of, for example, Target on a sale or return basis.

Big companies like Target will decide on what's best for them in the contract and not what's best for REVB.

So some think there has been huge returns by the likes of Target which have not been included in REVB's accounts at all.

Hence why the auditors couldn't approve the last accounts.

The thinking is that the reason it's taking so long for REVB's accounts to be published is because the forensic auditors are having to count each of the returns which suggests there are loads of returns.

I don't know if this is right or not. However this is the speculation about REVB's accounts.

I know holders of REVB want to think everything is going to be alright. I understand that, however you need to consider other alternatives too.

Asos shorts 8.5%

Boohoo shorts 8.4%

I don't know and as I said these are simply my thoughts.

Nobody knows.

There could be financial irregularities in REVB's accounts that could end up with criminal investigations.

Nobody knows if there's an advantage to buying before an administration.

Maybe there is. Maybe there isn't.

If the accounts were wrong in the past, then you have no idea what the debt is now. Can you trust the past accounts to be correct or any past RNS to be correct.

Who knows what's been going on in REVB hence the suspension of shares.

My thinking is, and I could well be wrong, that the largest shareholder would get first bite of the cherry if REVB go into administration.

These are simply my thoughts.

As I say, I'm no expert.

I would think lenders can pull the plug if, for example, REVB are going to need more financing to continue trading and the banks don't want to provide it.

Nobody knows what's going to come out of these accounts for REVB.

I would imagine it's a two pronged attack by Boohoo.

If REVB continue as a going concern, then Boohoo have a 26% stake in its future.

On the other hand if the banks i.e. HSBC and Nat West pull the plug then Boohoo, as the largest shareholder is in the best position to buy REVB out of administration.

This is simply my thinking, I'm no expert.

Boohoo is hardly going to say we're hoping for Revb to go into administration, so we can buy it on the cheap.

IN BRIEF: Chrysalis Investments sells Revolution Beauty stake

Fri, 25th Nov 2022 13:51

Chrysalis Investments Ltd - investor in technology and finance startups - Sells its stake in Revolution Beauty Group PLC for roughly GBP5 million in an off-market transaction. The asset was held at nil value in its September net asset value.

Chrysalis Investments Ltd was a cornerstone investor during Revolution Beauty's IPO together with Jupiter Asset Management. Jupiter Asset Management had subscribed for GBP90 million of the placing or just over 18% of the company. GBP45 million of that went to Jupiter's listed investment fund, Chrysalis Investments Ltd.

Boohoo may have bought this stake from Chrysalis on 25 November 2022.

Revolution Beauty may depend on its lenders, HSBC and Nat West.

It could be down to these lenders on whether or not Revolution Beauty continues or is put into administration.

If Revolution Beauty is put into administration, I would think with nearly a 30% stake in REVB that Boohoo would look to be buying it on the cheap.

Nobody knows what will happen to RevB.

Either way, Boohoo is looking to be involved.

Revolution Beauty may depend on its lenders, HSBC and Nat West. It could be down to these lenders on whether or not Revolution Beauty continues or is put into administration.

If Revolution Beauty is put into administration, I would think with nearly a 30% stake in REVB that Boohoo would look to be buying it on the cheap.

Nobody knows what will happen to RevB.