Member Info for Peoplepower1

HereKittyKitty - Did you buy and hold Lamprell (LAM) from 7p to 64p or did you trade in and out of them?

mcklondon - would be interested to know exactly how you got your symmetrical triangle for the Boohoo share price. What dates, prices, etc. were you using for this? I love to learn, so how did you do it.

Brilliant and well done to the Financial Conduct Authority (FCA) for taking the case of small businesses against big insurers to the UK Supreme Court. Insurers now have to pay small businesses for their losses during lockdowns.

mcklondon - 550p by end of year will make me extremely happy. I'm not looking to end of one year. I'm looking to 5 years time and probably longer. Where will it be in 5 years time? Buying and holding means holding for at least 5 years and preferably longer. So do loads and loads and loads of homework to find out where Boohoo is likely to be in 5 years and not in one year.

Autonomy1 - yes I did and held through all the ups and downs.

Where do you think Boohoo share price will be in 5 years? It's not going to be at 335p. So do your homework, find out where Boohoo will be in 5 years and learn to make some serious money by buying and holding great global growth shares like Boohoo. Stop fiddling with shares and start doing some serious homework to make great money.

HereKittyKitty - I buy and hold for at least 5 years and preferably longer. I do loads and loads of homework to make sure the share I'm buying looks a great global share to hold.

Autonomy1 - it's about buying and holding through the ups and downs. One year is not long enough to buy and hold. One year is not long enough for comparison. It's about buying and holding for at least 5 years and preferably longer.

https://uk.investing.com/news/stock-market-news/london-stocks-set-for-weekly-loss-indivior-jumps-2279470

Read in full. Above is why you must always read what's going on in the UK share market every day.

HereKittyKitty - why you must always do your homework?

Oilfield services provider Petrofac (LON:PFC) tumbled 20.5% after Britain's Serious Fraud Office said a former senior executive of the company pleaded guilty to three bribery offences in relation to oil deals in the United Arab Emirates.

Mr.neutral - Please don't make assumptions about others on here. It's not nice behaviour, so don't do it.

The £100,000 wasn't simply lying around. I wish it had been that easy. It was money made from previous loads of research for investments. Boohoo wasn't a hunch. Do you honestly think I would invest a hard earned £100,000 into a hunch?

I enjoy investing. I know it takes loads of hard work and time. I'm happy doing that. I like to help others to learn, if they are willing to learn. Too many on here aren't willing to learn, sadly.

Midway - You think the info on a 1,000 jobs for a new warehouse in Wellingborough put the share price down.

This 1,000 jobs is because they're opening another warehouse in Wellingborough for the following brands Nasty Gal, MissPap, Karen Millen, Coast, Oasis and Warehouse. This new warehouse will generate another £500m revenue. This new warehouse proves the revenue for these 6 brands are growing. This brings a total Boohoo Group warehouse revenue to £3.5bn so there's potential to grow to £3.5bn revenue soon. This is more than double the present revenue. 1,000 jobs proves they're growing and is a positive sign and not a negative sign.

Also, Boohoo Group are extending the automated Burnley warehouse to hold another £500m worth of revenue. This will bring Boohoo Group to an even higher total revenue of £4bn.

Furthermore, Boohoo Group are still looking for a warehouse in the USA. Too many investors on here watch the share price when they need to be doing loads of homework on Boohoo Group.

Don't listen to the doomers. They're traders and want you to be a trader too. They want to make some money out of your fear and greed. Do the work, read loads, look up loads if you don't understand anything or any of the terminology. Read everything in full more than once and learn.

Harchris - exactly and I'm the only one on here who has made a million on shares. I had to do it through really hard work and loads of reading and research. Whilst others on here think they can do it without doing the work. You can't do it without doing the work. You need to do the work to find great global shares to buy and hold for at least 5 years and preferably 10 years.

Too many on here think making a few thousand here and there is what it's all about. It's not. You usually end up losing that few thousand on another share.

Do the work and make the big money. It' hard work, it's not easy. If I can do it, then everyone on here can do it too. The problem is you don't do it.

danl90 - thank you so much. I should have checked the RNS. So sorry I didn't think to do that. So

Karen Millen(KM) has made more than £27m for Boohoo Group, that's good to know.

Sadly and again, it's traders who keep the Boohoo share price down and volatile too.

Boohoo Group have 9 brands, nearly £400m in cash, no debt, £170m in working capital and nearly £200m in assets. Boohoo is growing globally.

Karen Millen is about to become its 4th growth, global brand after Boohoo/BoohooMan, Prettylittlething, Nasty Gal. Karen Millen is about to be rolled out globally, having had very successful growth in UK.

When I say, ride the rollercoaster, I mean to buy and hold through all the ups and downs. This is what I do. I don't trade because I've learnt from experience, that it's not the way to make the big money.

I invested £100,000 in Boohoo in 2015, it's now worth £1.26m. I've held through every up and down and will be holding for at least another 10 years. This is how to make the big money and not a few thousand here and there.

Instead of spending time trading, spend that time wisely by researching shares, the world and all markets worldwide. Reading loads and loads is how to find great shares to buy and hold long term, i.e. more than 5 years and at least 10 years. There's no easy way to make big money on shares. You have to do your homework and then more.

If making money on shares was that easy ,we'd all be millionaires. We all know that's not the case at all and never will be. Do the work and you'll make the big money.

N Brown (BWNG) aren't undervalued, it's overvalued at present. Too much debt and also like its catalogue service, it provides credit which goes against them too. Could be another wonga. A low P/e means buyer beware for these shares.

Boohoo is completely different, nearly £400m net cash, £170 m working capital, £200m in assets, growing global business, 9 brands all operating as separate businesses..

Yet again, investors aren't doing their homework into N Brown (BWNG) and think it's going to be the next Boohoo or Asos because it's gone online. Look at N Brown website compared to the websites for Boohoo's 9 brands. N Brown (BWNG) is a fool's dream, in my opinion.

You have to do your homework if you want to make big money in shares and if you don't want to lose money. Too many don't do their homework and simply jump on to what they think are cheap shares. Some so called cheap shares like N Brown (BWNG) are cheap for a reason. The reason is they could go bust, so buyer beware.

Bigplonker - sadly, it's traders like yourself who keep the Boohoo share price down and volatile too.

Boohoo is not on a sell rating. Brexit is not a big problem for Boohoo. Boohoo see Brexit costing them £2-£3m and no more than £9m. Profit margins for Boohoo aren't very tight at all, hence the 40% rise in revenue and only 50 bps down on gross margin.

Boohoo Group have 9 brands, nearly £400m in cash, no debt, £170m in working capital and nearly £200m in assets. Boohoo is growing globally.

Karen Millen is about to become its 4th growth, global brand after Boohoo/BoohooMan, Prettylittlething, Nasty Gal. Karen Millen is about to be rolled out globally, having had very successful growth in UK.

When I said, ride the rollercoaster I meant to buy and hold through all the ups and downs. This is what I do. I don't trade because I've learnt from experience, that it's not the way to make the big money.

I invested £100,000 in Boohoo in 2015, it's now worth £1.26m. I've held through every up and down and will be holding for at least another 10 years. This is how to make the big money and not a few thousand here and there.

Instead of spending time trading, spend that time wisely by researching shares, the world and all markets worldwide. Reading loads and loads is how to find great shares to buy and hold long term, i.e. more than 5 years and at least 10 years. There's no easy way to make big money on shares. You have to do your homework and then more.

If making money on shares was that easy ,we'd all be millionaires. We all know that's not the case at all and never will be. Do the work and you'll make the big money.

US investors buy and hold, hence why the US Market does so well. US investors buy for the long term.

UK investors buy and sell too much, hence why the UK market does badly. Sadly, UK investors have an extremely short term mentality. This leads to a rollercoaster UK market. If you can learn to ride the rollercoaster and see it for what it is, then you can make money.

danl90 - I thought it was interesting when John Lyttle mentioned about future acquisitions for Boohoo Group i.e. Beauty, Sport and Menswear.

Beauty made me think of The Hut Group. Menswear, was that a hint about TopMan? Sport and fitness are on the increase due to Covid-19 and lockdowns.

Boohoo Group want to make sure future acquisitions can be sold globally and not just in the UK.

Do you know how much Karen Millen (KM) made online in their last year before Boohoo Group bought it out? Boohoo Group stated they'd surpassed this figure, so I'd love to know the online figures for KM before Boohoo bought it.

Thank you danl90 for your 50p, always enlightening and always worth reading in full. Keep them coming.