Member Info for Peoplepower1

I loved Daydream Believer.

Come on Daytradenovice, be honest, you're looking to buy Boohoo shares cheaper than they are now.

Maybe not you however those that aren't invested are looking to invest at a cheaper price.

And you want to buy Boohoo shares cheaper than they are now hence all the extreme negativity about Boohoo.

As I've already said it's going to take to mid-2023 for Boohoo's 13 brands to become fruitful. The reason Boohoo have made an extremely small loss is because of all the expenditure for marketing, infrasructure, supply chain costs for 13 brands. These are reducing and will reduce even more.

It amazes me how little posters know about Boohoo. Boohoo have a £300m revolving credit facility. Their assets are worth 36p a share so the likelihood of Boohoo going to 30p is extreme at best.

It is human behaviour to be negative on a board when you want to buy the shares at a cheaper price. It's nothing more than this.

Told you, DC2007 is looking to buy Boohoo shares cheaper than they are at present hence all the negativity. When posters are so negative about Boohoo on here then you can be sure they're looking to buy Boohoo shares at a much cheaper price. It is human behaviour.

Boohoo made £2bn revenue and £1bn gross profit for year ending 28 February 2022.

The reason their net profit was down was because of all the marketing, infrastucture and supply chain costs. For example, new warehouse costs, automation fo existing warehouse costs, setting up the Leicester factory and training establishment, buying the London building in Soho where a beauty store could easily be set up on the ground floor, marketing and website costs for Debenhams, Wallis, Burton, Dorothy Perkins, Caost, MissPap, etc.etc. Boohoo have and had a mmamoth task with 13 brands. These won't come fruitful until at least mid-2023.

My supposition is DC2007 would love to buy Boohoo shares at 30p/35p. Maybe I'm wrong.

60p to 70p would never happen, that's simply DC2007 hoping for the share price to go to 30p/35p so he can buy loads of them.

I can't see 30p or 35p happening at all. Who knows. Nobody knows.

It will never get taken private at 60p to 70p because they would need more than 50% acceptance for it, so that would never happen.

DC2007 you keep hoping to buy Boohoo shares cheaper than they are now. Maybe you will. Maybe you won't. Nobody knows.

The offer has to be such that more than 50% will go for it and the likelihood of the rest taking it after more than the 50% have accepted.

Think what the offer would have to be to be successful at taking Boohoo private.

Would £1 do it, or does it need to be £1.50 or even £2 for it to be successful?

You don't need 90% acceptance, you need just over 50% acceptance and then you work at getting the rest.

If I was Mahmud Kamani and Umar Kamani I would definitely be looking to take Boohoo private. However, it will take time to find the right private equity fund that works best for you to do it.

From Peter Lynch - The biggest winners are surprises to me, and takeovers are even more surprising. It takes years, not months, to produce big results.

Exactly that's how proper takeovers and buyouts work. Look at the evidence for past mergers and acquisitions in the UK to see this for yourself. They came totally out of the blue.

And the other quote from Peter Lynch is to expect to get six out of ten shares you buy right and not ten out of ten.

Realistic expectations are always better than perfection. Nobody gets it right all the time and more importantly never expect to get it right all the time. If you get it right 50% of the time then that's good enough.

You must be looking to buy more Boohoo shares at a cheaper price than it is now to be so vehemently against a private buyout.

Maybe you'll get Boohoo shares cheaper, maybe not, who knows.

And with the £ so weak against the dollar, great time for US hedge Funds to help the Kamani family take Boohoo private.

https://www.company-valuation-services.co.uk/news/

Mergers and Acquisitions link for UK

My view is that shares aren't being bought because Kamani family will be looking to take Boohoo private.

At this price, wouldn't you want to take Boohoo private if you were Mahmud Kamani and Umar Kamani. Possibly £1 share offer, possibly even more. I could be wrong, however that's my thinking.