Member Info for Peoplepower1

Boohoo Group want to be the next Inditex without the shops.

Inditex own Zara.

Inditex are third on the list of the top 100 competition in the global fashion market.

Boohoo Group will get there too.

pedro61 - there are 100 baggers out there besides Boo. If you're not willing to put the work in to find them then you'll never have a 100 bagger.

Herekittykitty - Boohoo are looking to be like Inditex whose market cap is US$100bn.

hedged - yes I have had a 100 bagger with Asos. Bought them at 60p and sold them at £60 in 2015. Then bought 360,000 shares in Boohoo with the money I'd made from Asos.

Think Big.

For me, I never hold more than four shares so I know the business through and through. My four shares are never in the same business arena so to speak. They are in totally different business arenas.

If you're not willing to learn everything about the business you're invested in, then you'll never find a 100 bagger.

The global fashion market is worth US$ 2.25 trillion. That is £1.62 trillion. Yes, trillion.

Boohoo Group's Revenue was £1.3bn so plenty for Boohoo Group to disrupt and take.

£1.3bn is less than 0.1% of the global fashion market.

pmorn1969 - ABF isn't just Primark. The top man doesn't run the company. The Weston family are heavily invested in ABF however they are more than one person. They don't run ABF. They're not even online with Primark. What does that tell you?

danl90 - I don't see any evidence to prove that rishi is going to give cardfactory £6m, that mother's day gifts were sold out, that this is a trading issue and not a debt issue.

The £ idea is simply more of you talking a good story.

You don't know this business through and through and you're gambling money in the hope it'll work out. That's not investing.

What's more you're doing your best to encourage others to gamble their money too on an extremely high risk share. For me, that lacks morals and ethic and displays simply greed.

danl90 - maybe you could send your Mother a St Patrick's Day card from Moonpig.

danl90 - where's the evidence. Provide the links to your figures. You talk a good story because that's your day to day job by the sound of it. On here, evidence is needed so please produce it.

Mudis - I think this is why Boohoo Group are moving to other age groups and looking to compete against the likes of Next. This is about not standing still and not simply competing against Shein.

Boohoo Group have even copied Shein because they are selling homewares on the likes of PLT. It's about learning from each other too.

Debenhams will be a global market eventually. It's all about what you're selling on Debenhams to attract global customers and not simply UK customers.

It's not about looking for potential negatives. That's another waste of your valuable time.

It's about putting your time into understanding the business you're invested in through and through.

It's about knowing with a great management team and an entrepreneurial founder that they will see any negatives long before you and will be doing what's needed to overcome them.

Select64 - think big. Primark aren't online and never have been online.

Primark doesn't have an entrepreneurial founder like Mahmud Kamani who has most of his own personal wealth invested in the company. You can't compare Boohoo to Primark.

Boohoo will be in a position to take business of Next soon. How much is Next's shares?

Mahmud Kamani grew Boohoo from £100m revenue to £1.3bn revenue in five years.

Operating margin of Boohoo is near 9%. Asos is 4%. Gross margin for Boohoo is about 55%. That is a brilliant gross margin for a business. Return on capital invested for Boohoo has been more than 20% for 5 years. That is another brilliant performance by Boohoo. These are the things you need to look for in a 100 bagger.

Mahmud Kamani will make sure the business grows from £1.3bn to £6.5bn in 5 years. That's 5 times the revenue now. That makes for 5 times the share price which is £15. Yes, there may be some headwinds along the way however they are only headwinds. These headwinds always happen with shares and share markets.

When you find a great share like Boohoo, you have to have the vision and courage to put a load of money into it. This is what I did in 2015. I have 360,000 shares in Boohoo from 2015 and I'll be holding them for many years to come. This is how to make huge money.

Trading to gain or lose small amounts of money is a fool's game. It's using the valuable time you need to be looking for more 100 baggers because they're out there.

Look for an entrepreneurial founder running the business who has most of her or his personal wealth invested in the business. Look for a senior management team without turnover in the team. Look for high performance over a number of years. Look for great acquisitions at the right price. Look for passion and drive to grow the business globally. Look at the gross margin, operating margin, return on capital employed. Learn about these to understand them and to know what's good, bad and indifferent. Don't look at p/e and don't be frightened to pay a high share price for them. Don't hold more than 4 shares and read everything you can find out about them so you know the business inside out. Think of it as investing in a business and not as buying shares.

To make money in stocks you must have “the vision to see them, the courage to buy them and the patience to hold them.”

Select64 - Read 100 baggers by Christopher Mayer - Great Book.

I would also add the courage to hold them when the share price is going down because you know the business is a great growth global business and the share price will come to reflect this eventually.

Chasing gains is a fool's game because this is where you make mistakes.

Seeing the potential of a great global growth business, buying it, investing plenty of money in it, holding it despite any ups and downs because there are always ups and downs in the share market and with shares is how you make the huge money.

Falling in love with a great global growth business is good because you know it's going to make you rich.

For me, never hold more than 4 shares so you know every nuance about them. More than 4 shares and you can never keep on top of them and understand them through and through.

Jumping from one share to another is no way to know that business completely.

What do you want? To make a few thousand a year or to make a million in 10 years or even 20 years.

exactly Mudis and well said.

The problem is danl90 tries his best to score points of ragtrade. Sometimes, danl90 needs putting in his place which is to learn to respect everyone's contribution on here.

danl90 - ragtrade knows how much business is coming through to him as a supplier. If Boohoo are requesting more and more business from him what does that tell him? What does that tell you? Stop being so limited in your thinking?

ragtrade will be in touch with other suppliers to Boohoo too. What info is he garnering from them?

danl90 - read in full and learn

Amazon is a great case study to illustrate several facts:

1. Even while acting as a Pipe, an internet business can show Platform properties (e.g. user-generated reviews).

2. Any system that uses data can leverage network effects and become more useful as more users use it. Traditionally, we associate network effects only with full-fledged Platform models. However, Amazon’s collaborative filtering feature shows that network effects can exist even on a linear model if it uses aggregate data to create value.

3. Pipes often transition to Platforms. Amazon opening up, first its marketplace, and then its publishing platform, demonstrates a great way of building a platform without having to worry about the chicken and egg problem. Start as a Pipe, get consumers hooked, and use that traction to attract producers and open up the Platform.

4. Many internet businesses may exhibit only one or two of the three platform properties. AWS only acts as a Toolbox. TripAdvisor (an independent business similar to Amazon’s review feature) plays more of a Magnet role only.

https://platformthinkinglabs.com/materials/amazon-platform/

And yet another one for you danl90 - spend some time reading instead of commenting and you'll learn more.

https://ecommerce-platforms.com/glossary/amazon

Another one for you danl90

https://bettermarketing.pub/product-to-platform-inside-amazons-dominance-bacef9e80585#:~:text=Platforms,Amazon%20is%20a%20platform%20company.&text=But%20platforms%20are%20pretty%20damn,ton%20of%20users%20or%20customers.

for you danl90

danl90 - of course I understand the significance of a platform. ragtrade does too. I would think everyone does. Amazon is the best example of a platform. So don't patronise us.

What you don't understand is you have someone on here like ragtrade who has first hand knowledge of how Boohoo is doing and how significant that is to everyone on here who holds Boohoo shares. ragtrade is nothing like the farmer providing milk for yoghurt. This is how limited your understanding is of ragtrade.