Member Info for Peoplepower1

southcoastbather - there is no point in looking at what's happened in the past for Boohoo. In the past, Boohoo had something like 40% growth. It's now going to be 20% to 25% growth.

Profits and profit margins will be affected by the global supply chain, price of containers has gone up astronomically, air freight costs have gone up too, cost of materials have risen, this all hits Boohoo's profits and profit margins. These higher costs are expected to continue into 2023.

Doing your homework on shares is about looking at what's happening now and in the future. The past is the past and no longer applies to today or to the future.

For example, Shein are now a threat to Boohoo's growth.

It's going to take time for the new brands to make an impact on Boohoo's revenue and profits. This could take another two years.

You have to look at the risks as well as the rewards when it comes to shares, otherwise you're being as arrogant and blinkered as I was about Boohoo.

Snoozing hipo - current liabilities is money owed to creditors to be paid within the 12 months.

This isn't debt like having to borrow money to run the business. This is totally different.

Boohoo have no debt in the sense that they have not borrowed any money to run the business.

jackEboy1990 - click on CPX Live RNS above and you can check out the past dates for trading updates. From them you work out when the next trading update should be released.

OracleofOldham - take a good look at your past comments on Boohoo when first you bought, held and were ramping them. Then you sold and are now deramping Boohoo.

You love to call others out and never call yourself out. Maybe it's time you learnt to be honest with yourself.

In my opinion, Kallu is desperate to buy Boohoo shares and is doing his utmost to buy them as cheap as possible.

Of course, he'll deny this and keep rubbishing Boohoo on here.

I think he does this to frighten holders into selling their Boohoo shares which in turn lowers the share price and then he can buy Boohoo shares on the cheap.

No-one spends this amount of time on the Boohoo chat board without an agenda.

100 brands in total on Debs so far, plenty more to come on board.

https://www.debenhams.com/search?text=brands

Have you looked at the list of brands on Debs? If not, then click on brands on left hand side and have a read. Impressive.

https://www.drirenaeris.com/en/

Website for Dr Irena Eris - looks like a great brand for Debenhams.com to sell

https://www.debenhams.com/search?text=brands&brand=Dr+Irena+Eris

New brand on Debs

https://www.licensing.biz/british-fashion-brand-oasis-celebrates-nature-with-limited-edition-rhs-summer-collection/

Looks to me like Marco Ranelli CAP-XX GM for Europe and Jeff Colton CAP-XX GM for Americas are both doing their jobs by getting more and more contracts for CAP-XX.

For me, this means CAP-XX becomes more widely known which, in turn, will lead to even more contracts.

Isn't that how you grow a business?

Boohoo is an unfashionable share at the moment. It will become a fashionable share again when people see that profits are still rising and they're committed to ESG.

ESG is fashionable these days. Personally, I think people are paying way too much money for so called ESG shares.

For me, no share can ever be 100% ESG and anyone who thinks their share is totally ESG is not doing enough research in my opinion.

Paul Scott was a Finance Director for a UK fashion company before leaving to become a private investor and write for the likes of Stockopedia's Small Cap Value Report.

Continued ......

I think that, if we seek out great companies, with entrepreneurial management, they usually do well over the long-term. Nearly all the self-made multimillionaires I know, have made their money from a handful of major multibaggers - typically about 4 big investments over their career that have made them the really big money - which usually means holding, for a long time, often when the share was unfashionable. Everything else was a sideshow.

Preamble for Tuesday - market conditions

Lots of people have emailed me (Paul), and asked for some market comment.

As a value/GARP investor, I’m not really interested in market fluctuations. I tend to just research things in as much depth as I can, then buy & hold for several years. Some of them work, some don’t. If the results & trading updates disappoint, then I chuck them out. There shouldn’t be any emotion involved at all, and buy prices are best ignored & forgotten, because the market doesn't know or care what we paid for our shares. It’s the occasional multi-year, multi-bagger, that makes the money & mops up all the mistakes.

Where are we now? This is what I see -

Takeover bids - loads of them, especially from overseas, suggesting that the UK market is cheap - which is bullish.
Low broker forecasts - results are mostly ahead of expectations, and there are many forecasts being raised a lot - this is bullish
V-shaped economic recovery, based on the economic data - this is bullish
Companies are generally reporting that they have adapted to covid, stripped out costs, profits are rising - this is bullish.
Set against that -

Momentum arguably carried many share prices too high in the anything & everything rally since Nov 2020
Balance sheet weakness was ignored by some punters - with inevitable consequences when reality comes home to roost & fundraisings are needed (I got caught on Revolution Bars (LON:RBG) in this regard, and there are plenty more banana skins out there - watch out!)
Stretched valuation multiples
Naive punters, new to the market, don’t know how to value anything, so prices are highly volatile
Thin summer markets, with little volume = extreme volatility
Mixed messages from central banks over interest rates
China threatening to nuke Japan
Profit-taking snowballing
Blah blah blah
Take your pick, it’s all nonsense to a certain extent!
Lots of people have emailed me, asking what I’m buying. The truth is, when you’re 100% invested, there’s not much cash on hand to buy anything. Although I have eked out a little cash to buy what I think are terrific bargains: SAGA at 303p. JOUL at 235p. BOO at 275p. As usual, just my personal opinions, and DYOR. We’ve discussed them all at enormous length here, so just search the archive for the bull & bear cases, if you’re interested.

As I always say to people who email me with great concerns about price movements - just try to work out your own strategy. Are you a trader? Or an investor? Most people think they are investors, but are actually traders - flitting in & out of things, trying to time the market, losing confidence when prices fall. Not many people can do that well, consistently, in my experience, and it’s a horrible way to live, being permanently on tenterhooks - who wants to live like that?

The jealousy of people rears its ugly head again.

Sadly you meet the worst of people on here, the greedy, the selfish, the dishonest, who can't believe that someone like me likes to help others.

Sad, sad people. If only they'd realise that you gain so much more from helping others than you gain from making loads of money. Well I do anyway, maybe they can't or never will.

Personally, I prefer Boohoo to Asos any day. Boohoo have loads of money, growing profits, no debt, great management, great acquisitions at great prices.

Market weakness provides opportunities.

Share prices going down don't affect long term holders like myself. Hence why I'm a long term holder when it comes to shares. By long term I mean at least 5 years and preferably much longer.

Daytradenovice - so you don't want to let us know then say that and not the rest of the faff.

Markets are down on fears of the Covid Delta variant and fears of inflation.

With Covid Delta variant I think at least 50% of people in UK have had their two vaccinations. With inflation, the Bank of England has said inflation is a temporary blip.