Member Info for Peoplepower1

Review about Boohoo

Thorns_in_the_roses
,*****
07/08/2020

YAAAS BOOHOO!!

FIN??AL??LY... A place that sells big-girl clothes at a decent price that is well-made!! I can honestly say I've bought 8 different items from the shop/store...I placed 3 different orders..I just received my first one with 4 of the items that I purchased and I am so pleased, I am ecstatic. these clothes are highly well-made, the sizing is beautiful and I will be buying more. Now granted, I did buy all of my items during their big sale that they're having at the moment but even still, it's a fantastic sale, and if I can buy more, I am going to. I'm waiting on 2 of my packages but with these being my first orders, I was hesitant when I first got my package but I am no longer scared and I am absolutely in love with every single thing I've bought. Do yourself a favor and go ahead and purchase from them because I know as long as they keep this up with the stylish clothes and fantastic prices I will continue to buy from them in the future not even to mention the shipping was actually very quick.

https://apps.apple.com/gb/app/prettylittlething/id1138840268

Prettylittlething application review 4.8 out of 5

https://apps.apple.com/us/app/boohoo-clothing-fashion/id1018236462

Boohoo application review 4.7 out of 5

https://uk.trustpilot.com/review/www.boohoo.com

Boohoo Reviews, 63% excellent, 15% great, a total of 78% excellent and great reviews.

https://uk.trustpilot.com/review/www.shein.com

Shein Reviews, 37% bad, 12% poor, 11% average, says it all. A total of 60%. for bad, poor and average reviews.

Woke and unwoke press/media are driven by clicks.

Let's remember it was the Times on 5 July 2020 who started the attacks on Boohoo with their undercover story.

News today is all about clicks and not about news.

They're after clicks and as many as they can get.

The more clicks they get on a story, the more they'll kook for more and more stories like it to get more and more clicks.

So, if a Boohoo article gets loads and loads of clicks, then they look for more and more stories about Boohoo.

Don't help them by clicking on any negative Boohoo articles.

Boohoo closed up today at 343.40p, up 1.70p

https://uk.investing.com/equities/boohoo-technical

Asos interim results for 6 months to 28 February 2021 are out tomorrow, Thursday 8 April 2021.

OracleofOldham - for me, you need to hold growth stocks for at least 5 years, and not one yea,r to see them grow hence why they're called growth stocks because they need to be held long term.

Dividend stocks go up before the share is eligible for the dividend and then down when no longer eligible.

I bought Boohoo in 2015 and have held them through every up and down.

I invested £100,000 in Boohoo in 2015 and this has grown to £1.2m.

I'm looking forward to it growing even more.

I will be holding all my Boohoo shares for many years to come.

Like you, I traded in and out of the market and learnt it was not the way to make real money.

Holding growth shares like Boohoo long term is the way to make real money. By long term I mean at least 5 years. For me, short term is one year, medium term is 3 years and long term is at least 5 years.

It looks to me like the Boohoo share price is back to its normal trading range which is to get to a trading range of for example 340p to 350p, go up and down within that range, even fall back below 340p into 330s as it keeps trying to get past 350p. Even when it gets to 350p then can fall back a bit until it consolidates above 350p and then does the same for the next range 350p to 360p trading range. And so onwards.

Impatience loses you money in shares.

Patiences makes you the real money.

This is how the Boohoo share price grew before the supply chain issues and it looks to me like it's now doing this again.

OracleofOldham - best way to get burnt is by playing the market.

Hindsight is a wonderful thing. Foresight is never the same.

Amazing how those that play the market never reveal their losses.

OracleofOldham - too many new investors chasing indebted companies and end up getting their fingers badly burnt.

https://edited.com/case-study/helping-boohoo-understand-key-market-trends-4/

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

Here's some more of what Paul Scott has to say:-

As a former industry insider, I can tell you that re-labelling of clothing is widespread, and perfectly legal.

What would happen is that (say) New Look would cancel an order -maybe because it was late, or because they'd realised it wasn't going to sell well. The supplier is then stuffed with a lorry load of imported clothes with New Look labels on them. They ring up Pilot (my old employer), who buys the stock cheaply, and sends it to a re-labelling firm in Devon, who cut out the New Look labels, and sew in Pilot labels. The stock is then delivered to our warehouse, tagged with freshly printed Pilot barcodes, and goes out to the shops.

The main point is, it doesn't matter! The customer makes a free choice to buy a product or not. If they don't like it, they return it for a full refund.

But ultimately, the figures will do the talking, all this is background noise. Let's see what the results look like soon.

So, maybe Boohoo did send the stock for re-labelling and three items got through that hadn't been re-labelled properly.

Please note:-

Differential pricing of the same/similar products, between different brands, is perfectly legal & normal.

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

Here's what Paul Scott has to say:-

I saw that latest attack on BooHoo (I hold).

Differential pricing of the same/similar products, between different brands, is perfectly legal & normal.

That's the whole point of up-market brands - they can charge more for the same stuff, as cheaper, higher volume brands, because they've spent money on advertising to create a brand image that people perceive as higher quality.

A lot of the designer brand fashion labels have their product made in exactly the same factories in low wage Bangladesh as the High Street retailers! That was made clear in a recent documentary about the fashion sector.

There is a nice, short video about garment manufacturing in Bangladesh. It's definitely helping the country develop, and 4 million people rely on garment factories for their livelihoods.

Things may not be perfect, but they're improving, and us buying things from Bangladesh helps the country develop, a very positive thing in my opinion:

Well done dimi123.

I, for one, think you've made a smart investment.

Welcome on board.

I look forward to your posts over the next several years.

Boohoo remains a structural growth winner and the recent purchase of brands from Debenhams and Arcadia provides it with an even bigger opportunity to grow market share across a broader demographic.

Analysts are starting to warm to the stock again including Andrew Wade at Jefferies who says Boohoo’s latest update is ‘an important step in re-establishing momentum in the shares’ and could see investor focus turn back to trading and valuation fundamentals.

Berenberg says the stock is ‘not for the faint hearted’ but it thinks the shares are now worth buying. It adds: ‘The group has begun to make changes to the working practices in its supply chain, and we think it can make these changes while maintaining its sector-leading growth and margin profile.’

chloechaos - would you prefer Boohoo hadn't bought this old stock and then it would end up being burnt or put into landfill?

Boohoo did everyone a favour by buying this old stock from Arcadia. The money paid for it went into Arcadia's pension fund to pays its pensioners. Plus, the stock didn't end up being burnt or going into landfill.

chloechaos - institutional investors will know that all companies do this, so this won't affect institutional investors.

Institutional investors are interested only in the supply chains.

It'll probably take to September 2021 for the institutional investors to return after the global supply chains have been released.