Member Info for Peoplepower1

jongle, maybe it will, maybe it won't get to the price you want, nobody knows.

jongle, at what price are you hoping to buy Boohhoo shares?

Yes they're looking to take it private would be my guess.

A cap on how much other countries pay Russia for oil would squeeze the "resources that (Putin) has to wage war and secondly increase stability and the security of supply in global oil markets," a senior U.S. administration official said on Tuesday.

The biggest concern for online retailers at present is the inventory i.e. have they bought too much inventory because of supply chain problems. And if they have bought too much inventory will they have to sell it off cheaper than they bought it, hence making losses.

https://www.coastfashion.com

Coast Fashion is looking good. One of the 13 brands owned by Boohoo Group.

For each brand to get to £200m revenue they each need 4m customers to spend £50 each or 2m customers to spend £100 each or 1m customers to spend £200 each or 500,000 customers to spend £400 each.

So you can see how hard it is to get to this revenue and why it will take a long time to do so. It's certainly not going to be over night.

For Boohoo to get to £4bn revenue from 13 brands. Boohoo brand itself is about £1bn revenue, Prettylittlething is about £600mn revenue, so you need to get £2.4bn revenue from the other 11 brands. This would mean the other 11 brands need to get to at least £200m revenue for each of them. I would say it would have to be at least mid-2024 before Boohoo could get to £4bn revenue.

Admin costs and other admin expenses I would think will include items like returns, new warehouses, automation of warehouses. To my mind it will include all costs even the supply chain costs because it states distribution costs.

https://www.fool.co.uk/2022/06/27/boohoo-shares-time-for-me-to-admit-defeat/

https://uk.investing.com/equities/boohoo-income-statement

The Admin costs include selling so I would think that may be the marketing costs for the new brands too.

https://uk.advfn.com/toplists/free/most_shorted

I'm sure the shorters are hoping to make money out of all the 100 and more shorted companies.

Total Boohoo shorts now down from their highest level of 7.93% to 7.34%.

Marshall Wace are the ones to follow.

That's 39m Boohoo shares shorted by Marshall Wace on 1 March 2022 down to 13m shorted shares now. A huge drop.

3.01% short for Marshall Wace on 1 March 2022 down to 1% now, that's a hell of a drop to me

Of course it's the highest it's ever been, we've got inflation going up, interest rates going up, cost of living going up, it doesn't take a genius to realise these will hit people's pockets and therefore retailers' profits.

I'm well aware of that jongle.

I was talking about Marshall Wace's short.

Look at page 12 further on down from your spikey points and you'll see Marshall Wace had a short of 3.01% on 1 March 2022.

Yes, the US warehouse will cost money and yes, attracting US customers will cost money.

Boohoo have 13 Brands which I think will start to bear fruit about mid-2023. This is the same time for the US warehouse and US marketing costs.

The 13 Brands are Boohoo, BoohooMan, Prettylittlething, Nasty Gal, Karen Millen, Coast, Oasis, Warehouse, Wallis, Doroty Perkins, Burton, MissPap and Debenhams.

Boohoo are already known in America as is Prettylittlething. Karen Millen are going down well in America. Nasty Gal was a US Company.