Member Info for Peoplepower1

scb is expressing his frustration, anger and worries about the Boohoo share price.

Thank you scb. It seems unlikely to me. May trading was good. And people may turn to Boohoo for cheaper clothes, so it could work out well for Boohoo.

Yes Boohoo made a loss of £4m for year ending 28 February 2022 however that was because they had a hell of a lot of expenditure. New Warehouses, automation of existing warehouses, marketing and websites for many new brands, London Soho Office building where they coudl have a beauty store on the ground floor, beauty store in Manchester, new factory and training extablishment in Leicester, supply chain costs, supply chain problems, etc., etc. 13 Brands is a mammoth task and for me, they will start to bear fruit in mid-2023.

All online retailers are being hit Asos, THG, Revolution Beauty, etc., etc. Inflation is going up, cost of living is going up, economic woes and these are hitting all online retailers worldwide.

I'd love to know what pipedreamer thinks. Do you have a price, pipedreamer, where you'd like to buy Boohoo shares and your reasons for this?

I am interested in all views. Everyone has a view about Boohoo and I like to read them.

pipedreamer - I'd be interested to know if you've got a price in mind for buying Boohoo shares and your reasons for this.

Reardon95, I would think one day it'll turn around. It's working out where the bottom is for the Boohoo share price and that's a difficult one at present because of inflation, cost of living increases, Ukraine war. Will Boohoo do well out of this because customers will turn to cheap clothing? Boohoo have already said May was a good month for htem, will June, July, August, September, and onwards be good months for them too? Have supply chain costs come down? Have supply chain problems decreased? And so on.

pipedreamer, I'd be interested in what price Daytradenovice and yourself would buy Boohoo shares.

It sounds like you may be thinking that Boohoo is reaching its bottom.

They're all down again today albeit only a little bit down.

jongle, we all know you want the Boohoo share price to get to 40p so you can buy loads of them.

jongle, we all know you want the Boohoo share price to get to 40p so you can buy loads of them.

Yeah yeah yeah here we go again, same old, same old ...... how many times have we done this one on here ...... too many ----- that's toxic ....

We all know you want to get the Boohoo Share Price to 40p so you can buy loads of them.

jongle, we all know you want the share price to get to 40p so you can load up on them. Leave the judgments out about others and be honest about yourself.

It's become too toxic on this board.

Is the Boohoo Share Price a steal?

I think the boohoo price could turn out to be a steal, if the business fixes some basics like managing inflation so it does not hurt profitability.

Its underlying business remains strong, with popular brands and an established customer base.

But it remains to be seen whether boohoo is up to the task of successfully battling inflation. I think it is, which is why I have been buying the shares for my portfolio.

But clearly not all investors share my optimism.

There are definitely risks here, which help explain the fall in the boohoo share price.

From Christopher Ruane who write for the Motley Fool

https://www.fool.co.uk/2022/06/28/down-over-80-is-the-boohoo-share-price-a-steal/

Stop the bickering

jongle wants to buy Boohoo shares as cheap as possible. That's why he's on here. T4G doesn't believe jongle wants to buy Boohoo shares at all.

For me, I believe jongle wants to buy Boohoo shares as cheap as possible and if he could get them at 40p he'd be loading up.

So, no more bickering, we're all fed up of it.

https://kamaniproperty.com

The Kamani property business.

For me, it seems obvious that the Kamani family would be looking to take Boohoo private. To do that they would need at least £2bn. The Kamani family have a huge property business so raising £2bn would be easy for them.

Boohoo have got a £300m revolving credit facility so they don't need to raise any more money.

For me, it's obvious the Kamani family need to take Boohoo private however they won't be able to do this unless they're willing to pay at least £1.50 a share.

Looks like they're all down today because of US lower consumer confidence hitting them.