Member Info for Peoplepower1

The future growth of Boohoo will be phenomenal. Boohoo's growth in the past has been phenomenal and will continue to be so.

They are trend leaders.

They are excellent at buying brands cheap and making them profitable within two years. They did this with the US brand Nasty Gal and are doing it now with Karen Millen.

Boohoo couldn't believe themselves when a Karen Millen coat costing £1,000 sold out so quickly.

Boohoo have so much future potential growth with Boohoo, BoohooMan, Prettylittlething, Nasty Gal, MissPap, Karen Millen, Coast, Oasis, Warehouse, Wallis, Dorothy Perkins, Burtons, Debenhams with Debenhams Beauty and Debenhams brands like Manteray, Maine, Principles, etc.

I have held my 360,000 Boohoo shares since 2015. I research them thoroughly. With so much money invested my research continues to tell me that Boohoo is the best place for this money.

It's the fundamentals that count, the rest is simply noise which will blow over.

Boohoo’s reparation efforts go far beyond those of most fashion retailers. As I said Boohoo have always learnt from their mistakes and put them better than right.

Boohoo will be publishing their UK Suppliers list by end of march 2021 and their global suppliers list by end of September 2021.

Doomers and Gloomers are still here trying to get the share price down so they can by back in. Too obvious. Ignore them. Filter them. Life is too precious to spend time answering them.

I bought 360,000 Boohoo shares in 2015. I have held them through every up and down and I hope to be holding them for many years to come. As long as the fundamentals add up, then I'll continue to hold all my Boohoo shares.

Boohoo have always learnt from their mistakes and put them better than right.

Time, patience and research are the skills needed for investing in shares.

For those who believe that online shopping will continue to be our preferred option for buying, McDermott suggests that investors should look at the likes of Jupiter UK Smaller Companies. Among its largest holdings is BooHoo, the online clothing retailer.

US Customs officers have more to worry about than a ban on a UK online retailer - FT 2 March 2021

Punishment for coming forward about a crime is one of the recurring themes in US law enforcement. It can play out as comedy, such as when drug dealers dial 911 to report the theft of their stash, and more often as tragedy, such as when immigrants seek police protection that results in their deportation.

It can also play out as farce.

Shares in Boohoo slipped following reports that the British clothing retailer could be blocked from importing goods in the US on allegations of using forced labour. What set the ball rolling was a complaint to the US Customs and Border Protection agency, CBP, from Liberty Shared, an anti-trafficking organisation. It cited the supply chain review Boohoo itself commissioned last year as part of a reputation rebuilding exercise.

Boohoo said it was “not aware” of any investigation and promised to work with any “competent authority” to prove its products and supply chain meet the required standards. The whole episode brings to mind another recurring theme of US law enforcement — that gun owners are much more likely to be shot with their own weapon than use it successfully in self defence.

Boohoo’s response listed recommendations already adopted from last year’s report, which criticised management’s failures of oversight and governance but found no evidence that the company itself had acted criminally. These findings have become a key part of the armoury the group deploys to counter negative publicity around working practices, which first caught the attention of consumers and institutional investors last summer having been ignored for at least two years.

Yet the risk of Boohoo being locked out of its fastest-growing market appears vanishingly small.

America has been taking a harder line on slave-produced goods since 2016, when Congress closed a loophole that allowed their import if demand exceeded domestic supply. One of the CBP’s first uses of its expanded remit was to seize Stevia powder, a natural sweetener, from London-listed ingredients maker PureCircle, then release the shipment seven months later after an independent audit supplied by the company showed no connection with Chinese labour camps. More recent actions have targeted the Xinjiang region in China, home to the oppressed Uighur Muslims.

Establishing origin is challenging when raw materials flit across borders and fabrication passes between subcontractors. Reading a report on the Leicester rag trade will be easier for investigators than tracking down the provenance of cobalt-powered electric car batteries and cotton used in football shirts.

But having belatedly faced up to its problems, Boohoo’s reparation efforts go far beyond those of most fashion retailers. If its promises are delivered, the failings detailed in last year’s report will be historic. US authorities ought to have something better to do than hoist a penitent company by i

https://capital.com/boohoo-share-price-forecast-2021

pedro61 - so you're turning a blind eye to your own investments. You obviously have no idea about human rights and workers' rights in the oil and mining industries. If you think there are no problems with your investments in oil, mining and gold then you're kidding yourself.

pedro61 - time for you to start doing the research you need to do on your own investments because it's obvious you haven't done any at all or very little. Unless you look for it then you won't find it. That is akin to turning a blind eye to what's going on with your own investments. Here's some more reading material for you:-

https://www.ihrb.org/uploads/reports/EC-Guide_OG-04_Part-2.pdf

https://www.ilo.org/sector/Resources/publications/WCMS_161194/lang--en/index.htm

https://www.ipieca.org/news/ipieca-guidance-labour-rights-in-the-oil-and-gas-industry/

Stop turning a blind eye to your own investments and start researching them to find out what they're doing wrong.

pedro61 - maybe you could try fighting for the rights of child labour, farmers and workers in gold mining which seems to be your preferred investment.

Here are some examples:-

https://www.hrw.org/report/2015/06/10/precious-metal-cheap-labor/child-labor-and-corporate-responsibility-ghanas

https://www.hrw.org/report/2015/09/29/what-if-something-went-wrong/hazardous-child-labor-small-scale-gold-mining

https://www.ilo.org/ipec/areas/Miningandquarrying/MoreaboutCLinmining/lang--en/index.htm.

https://www.theguardian.com/global-development/2016/may/20/child-labour-uganda-gold-mines-silence-far-from-golden

https://www.verite.org/project/gold-3/

https://assets.publishing.service.gov.uk/media/5a5f34feed915d7dfb57d02f/209-213-Child-labour-in-mining.pdf

https://www.commdev.org/pdf/publications/Addressing-Forced-Labor-Artisanal-Small-Scale-Mining.pdf

https://www.business-humanrights.org/en/latest-news/uganda-child-labour-in-artisanal-gold-mines-compromising-childrens-health-right-to-education/

https://www.business-humanrights.org/en/latest-news/tanzania-study-reveals-high-prevalence-of-child-labour-and-health-safety-hazards-in-small-scale-mines/

https://www.fairtrade.org.uk/farmers-and-workers/gold/

https://pubs.iied.org/sites/default/files/pdfs/migrate/G00531.pdf

https://www.tdh.ch/en/projects/tackling-child-labour-gold-mines

https://www.worldvision.com.au/docs/default-source/buy-ethical-fact-sheets/7185_dtl_factsheet_jewellery_lr.pdf?sfvrsn=2

And many, many more

Reppyrr - as a novice investor you are allowing daily movements in the share price to affect you. Investing in shares is all about time, patience and research. It is not about daily movements in the share price. It is not about bad press because that will blow over. It's about the fundamentals of the company which in Boohoo's case are excellent.

Reppyrr - stop focussing on daily movements and start looking at the complete picture.

As you've already said below Hydr31 "I’m dreaming of £10.... £4 is a given" exactly my sentiments too.

Boohoo has all the hallmarks for getting to a £10 share price in the next couple of years.

Time, patience and research is needed.

Absolutely Hydr31 - an amazing future for Boohoo.

https://4xspower.com/tag/systematic-power-solutions/

Same announcement:-

Ioxus® will continue to manufacture the same great quality products through Systematic Power Manufacturing, LLC, a wholly owned subsidiary of Systematic Power Solutions, LLC d/b/a XS Power Batteries®. Existing customer orders will continue to ship on schedule with no foreseeable delays in the manufacturing and delivery process. The company will continue to push the envelope with new product development and advancements in the ultracapacitor industry.

https://ioxus.com/english/media/press-releases/xs-power-batteries-acquires-ioxus/

Ioxus® will continue to manufacture the same great quality products through Systematic Power Manufacturing, LLC, a wholly owned subsidiary of Systematic Power Solutions, LLC d/b/a XS Power Batteries®. Existing customer orders will continue to ship on schedule with no foreseeable delays in the manufacturing and delivery process. The company will continue to push the envelope with new product development and advancements in the ultracapacitor industry.

Well said Hydr31 - this most recent Boohoo share price low is higher than the previous Boohoo share price low. This is a sure sign that there are fewer Boohoo holders selling out.

Boohoo now have Boohoo, BoohooMan, Prettylittlething, Nasty Gal, MissPap, Karen Millen, Coast, Oasis, Warehouse, Wallis, Dorothy Perkins, Burtons, Debenhams along with Debenhams beauty and Debenhams brands such as Manteray, Maine and others.

Boohoo are brilliant at buying brands cheap and making them profitable within two years. They have done this already with the likes of the US brand Nasty Gal.

The Boohoo Brand on its own makes revenue of £600m, Prettylittlething makes £500m, Nasty Gal makes £100m. So, imagine what Boohoo can achieve in the future with all the rest of the brands they now own.

Boohoo are excellent at leading the trend and will continue to do this.

Time, patience and research are the greatest skills to learn when it comes to investing in shares.

I see the Doomers and Gloomers are all over Boohoo again today. What a surprise? They want to buy Boohoo shares as cheap as they can. Hence their doom and gloom. They're so obvious.

The Dow Jones which is at the New York Stock Exchange is 5 hours behind the UK.

The Dow Jones was at its lowest level today at 30,792 at 11.30am New York time which was 16.30pm or 4.30pm UK time. Hence why UK shares went further down in the afternoon today, including Boohoo and Asos.

The Dow Jones was at its highest level today at 31,540, up nearly 750 points from its lowest level, at 15.55pm New York time which was 20.55pm or 8.55pm UK time.

Unfortunately the UK market was closed when this Dow Jones rebound happened.

Most shares in UK were down today because of continuing inflation worries.

Looks like the US came back from inflation worries and pushed the Dow up nearly 600 points at close.