Member Info for Peoplepower1

Midway - I buy and hold. For me, I do loads and loads of research which gives me the confidence to buy and keep holding. I bought Boohoo in 2015, have held them ever since and will be holding them for many years to come.

I look for global growth shares which are making a profit and have no debt. No debt for me is the key because they won't go bust. As is making a profit now and in the future, not just in the UK but worldwide.

I like founder companies where the founders have loads of experience and are passionate about their business and growing it globally.

The teleconference has been cancelled. As I read it, the teleconference was to do with discovery and now the discovery has taken place the teleconference is no no longer needed.

danl90 - it looks to me that Boohoo may be listed on the Frankfurt Stock Exchange. I could be wrong.

Adel1234 - I subscribe to Stockopedia monthly. You can do it monthly for £25 a month or annually, I think for £250. I do it monthly. Here is the link to Stockopedia:-

https://app.stockopedia.com/share-prices/boohoo-LON:BOO

I have in the past subscribed to all 3 Motley Fool subscription services. I've tried many different subscription services and decided after trying so many to stick with Stockopedia. Stockopedia was best for me.

I think it's worth it to try as many different subscription services you can in order to find the one that suits you best. You can learn loads from all of them.

Reading the Financial Times every day is another great way to learn.

No The_Great_Invest. I bought my Boohoo shares in 2015, I have held them ever since and I will be holding them for many years to come.

For me, the best way to make money on shares is to buy and hold global growth shares like Boohoo.

It's all about long term gain for me. I'm not interested in short term gain at all.

Let's remember that the global fashion market is worth £2,000bn, UK £71bn, USA £330bn, Europe £380bn, Rest of World £1,250bn.

So wishing Europe to fare badly is like wishing a downside on Boohoo Group too.

Never wish ill to anyone or anything. Like karma it tends to come back to haunt you.

Enjoy your Christmas Day and always do your best to share goodwill to everyone and everything.

https://uk.investing.com/news/politics/brexits-412yearlong-shadow-over-uk-markets-2271969

Worth reading in full.

https://uk.investing.com/news/politics/brexits-412yearlong-shadow-over-uk-markets-2271969

Brexit deal - worth reading in full

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

I use investing.com for closing prices and it is 334.70p

After nine months of protracted negotiations, the EU and Britain went into the late hours of the night finalizing a historic post-Brexit trade deal, just a week before the U.K. would crash out of the bloc's single market. The full legal text and details are likely to be released this morning, and would include provisions for zero tariffs or quotas on all goods, as well as protect cooperation in areas like aviation, transport, security and energy. Sterling is up on the news, climbing 0.8% to $1.3599.

What about fishing rights? The issue has held up an agreement in recent months, but people briefed on the talks say there would be a 5.5-year transition period - under which EU boats can still access U.K. fishing waters - though the bloc's rights will be knocked down by a quarter.

The deal is still being called thin, but could provide the base on which the two sides rebuild relations (it's been over four years since the U.K. voted to leave the European Union). It could also restore the standing of U.K. investment. The average level of British exposure in global equity funds has recently fallen to an all-time low of 5.8%, compared with almost 9% at the start of 2016.

Worth reading in full from Seeking Alpha

After nine months of protracted negotiations, the EU and Britain went into the late hours of the night finalizing a historic post-Brexit trade deal, just a week before the U.K. would crash out of the bloc's single market. The full legal text and details are likely to be released this morning, and would include provisions for zero tariffs or quotas on all goods, as well as protect cooperation in areas like aviation, transport, security and energy. Sterling is up on the news, climbing 0.8% to $1.3599.

What about fishing rights? The issue has held up an agreement in recent months, but people briefed on the talks say there would be a 5.5-year transition period - under which EU boats can still access U.K. fishing waters - though the bloc's rights will be knocked down by a quarter.

The deal is still being called thin, but could provide the base on which the two sides rebuild relations (it's been over four years since the U.K. voted to leave the European Union). It could also restore the standing of U.K. investment. The average level of British exposure in global equity funds has recently fallen to an all-time low of 5.8%, compared with almost 9% at the start of 2016.

Worth reading in full from Seeking Alpha

ragtrade and danl90 - I love both your contributions on here because they provide a different perspective to Boohoo which is brilliant. Thank you and keep up the excellent work.

To everyone, wishing you well and safe for Christmas and for 2021 too.

The purpose of the equity story is to create a vision for the organization while serving as a compelling rationale for why investors should be interested in buying the stock.

danl90 - It's always really useful to explain on here in simple terms what you mean by terms like equity story/position and what you, yourself, see as the equity story/ position needed to be taken by the Boohoo Group.

I love to learn new things as do many on here.

For me, the ESG funds will be back in force as buyers of Boohoo when they see that Boohoo is indeed focussed and are acting on their agenda for change and it's not just words.

Let's remember that Mahmud Kamani wants to grow Boohoo Group to a £20bn revenue business.

Revenue for year ending 29 February 2020 was nearly £1.3bn. Revenue for year ending 28 February 2021 will likely be £1.8bn. £20bn is more than 10 times £1.8bn so plenty to go for.

It's so easy to say what you'd have done in hindsight, reality is totally different.

Treat your shares as if they were savings in the bank and allow them the time to grow and flourish. Instant gratification is not the name of the game with shares.

DarrenBuffer - thanks for that, that's always good to know. Personal experience is always worth knowing about anything to do with Boohoo.

Thank you again.

https://www.pkf.com/pkf-firms/europe-middle-east-and-india/united-kingdom/pkf-littlejohn-london/

Link for PKF International

https://www.pkf-l.com/about-us/our-values/

Look good to me

I’ve been buying Boohoo shares for my ISA by the bucketload since they fell spectacularly back in July. Today, I’ll explain why I’ve been adding again in December.

First, it seems clear to me Boohoo is doing everything it can to address the concerns raised regarding its supply chain earlier in the year. The appointment of a big-hitter like Sir Brian Levenson to chair an independent review speaks volumes. Both in how seriously they’re taking allegations, but also in how much they’re prepared to invest in getting things right.

Another reason I’ve continued buying Boohoo shares is that I suspect 2021 will see the company embark on another canny acquisition spree. Although pure speculation at this point, I wonder if battered brands such as Ted Baker, New Look and Topshop might be on its shopping list. It’s certainly got the financial firepower to make some opportunistic bids.

Third, the business is still performing extremely well. Unlike other retailers, selling fast fashion has never been an issue for Boohoo, even during lockdowns and recessions.

Although nothing can be guaranteed, I’d be surprised if trading was worse than expected when we get the next update in January. Let’s not forget the AIM star raised guidance on revenue growth to somewhere between 28% and 32% back in September. It’s previously predicted a 25% increase.

Finally, there’s the valuation. A forecast P/E of 36 will make value investors dizzy, but this must be seen in context. Boohoo is rapidly building a presence in the US and other markets. It’s also as savvy as they come with social media and has no physical stores to maintain.

Paul Summers owns shares of Boohoo group. The Motley Fool UK has recommended Boohoo group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

Motley Fool UK 2020

If Mahmud Kamani resigned then Carol Kane would go, Umar Kamani as well.

All they would have to do is set up another business like Boohoo. Anyone so short sighted to think that Mahmud Kamani resigning would send the Boohoo Group share price up has no idea at all.