Member Info for Peoplepower1

Thank you RishiSunak for your beautiful words and to sain-tropez too. I do my best to help others to make money on shares and not to lose their hard-earned money. Helping others make money on shares means much more to me than the money I make on shares. For me, this is what life's all about, helping each other where we can. It's so much more rewarding than money. Thank you again.

For those of you who may have missed this comment from the poster Buffettslovechild, here it is again. This comment is well worth reading a number of times and digesting it slowly.

Estimate of the Intrinsic value price of a Boohoo Share.

1) 5 year EPS growth rate estimate from yahoo finance (analysis page) is 29.9% per year. From the balance sheet we can see that equity has grown from 85.5million in 2015 to 569 million in 2020. That is 46% per year compounded growth.

2) The 5yr historic PE from MSN Money price ratios is High of 70.86 and low of 37.69 is 52.7 average.

3) Current EPS (TTM) is 5.3p x growth rate 1.3 x 10 yrs = 69. Therefore the estimated EPS is 69p in 10yrs.

4) The earnings per share of 0.69 x the future PE of 52.7 gives a share value in 10 yrs of £35.88.

5) If you take 15% profits year on year from this sum you achieve a current fair price of £7.71

6) discount this by 50% for a margin of safety purchase price of £3.85. Basically you can buy this all the way up to £3.85 and still get a fantastic bargain.

I have run this calculation on a multitude of companies, and none meet the criteria. If you can find any companies with a solid history of exceptional trading like Boohoo that have lost substantial value through no real fault then please let me know of them.

graking - Thank you. I may be wrong however I think this is part of the existing patent infringement claim by CAP-XX against Maxwell owned by Tesla. This could be covered in the gravimetric figure of merit and volumetric figure of merit.

JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. JPMorgan Chase is ranked by S&P Global as the largest bank in the United States and the seventh largest bank in the world by total assets, with total assets of US$2.687 trillion. It is also the world's most valuable bank by market capitalization. JPMorgan Chase is incorporated in Delaware.

(Sharecast News) - Analysts at JP Morgan Cazenove initiated coverage on fashion retailer Boohoo with an 'overweight' rating on Wednesday.

JP Morgan said Boohoo's multi-brand strategy, supported by its "test and repeat" model, had historically supported above sector average sales growth and margins.

However, the analysts said Boohoo had recently experienced "a material fall from grace", as it faced allegations that working conditions in UK supplier factories were not "socially responsible".

"Material steps forward in the supplier auditing processes had already been planned for 2020, and these are now being accelerated, backed by higher investment and third-party specialist support," said JP Morgan, which issued the group with a 415.0p target price.

"We believe that this increased focus puts Boohoo on the right path to start rebuilding confidence in the group's social responsibility."

JP Morgan added that it does not see Boohoo's "test and repeat" model as being under threat, with the group having already demonstrated its ability to roll it out to overseas suppliers, if necessary.

graking - Electrode sheets were formed from carbon coatings on 22 µm thick aluminium foil, where the carbon coating included an activated carbon, a binder and a conductive carbon. Cells were made by separating two 29 cm2 of approximately 6 µm thick carbon coated electrode with a porous separator of 13 µm thick polytetrafluoroethylene. The whole was then folded in half to form a flat electrode stack with bare aluminium tabs extending from each electrode. The stack was then partly enclosed in a laminate package with an EAA heat seal layer to make a supercapacitor cell. This packaged dry cell was then dried in an inert atmosphere. While still in an inert atmosphere, each stack was saturated with EMITFSI or a mix of EMITFSI with benzonitrile and the package vacuum sealed. The cell was then put on life test with the following conditions: charged to 2.3 V and heated to 70° C. for 1000 h and the ESR was measured every hour by voltage drop and the Capacitance was recorded every 6 hours from constant current discharge of 100 mA between 1.5 V and 0.5 V. ESR rise rates and Capacitance loss were determined from the life data between 900 and 1000 h. The results are summarised in Table 1. Examples 1.1 to 1.3 use the same batch of electrode coatings which give slightly lower initial capacitance to the electrode used in examples 1.4 to 1.8.

By CAP-XX on 5/7/2012 for their patent for an electrolyte system suitable for an energy storage device.

JPMORGAN INITIATES BOOHOO WITH 'OVERWEIGHT' - TARGET 415 PENCE

Initiates means JPMORGAN's analysts have just started to cover Boohoo which is great for Boohoo. If an analyst rates a stock as “overweight,” he or she thinks that the stock will perform well in the future, and believes it is worth buying because it could outperform the broader market and other stocks in its sector.

MindTheRamp - Great post from Buffettslovechild - says it all - here it is:-

Estimate of the Intrinsic value price of a Boohoo Share.

1) 5 year EPS growth rate estimate from yahoo finance (analysis page) is 29.9% per year. From the balance sheet we can see that equity has grown from 85.5million in 2015 to 569 million in 2020. That is 46% per year compounded growth.

2) The 5yr historic PE from MSN Money price ratios is High of 70.86 and low of 37.69 is 52.7 average.

3) Current EPS (TTM) is 5.3p x growth rate 1.3 x 10 yrs = 69. Therefore the estimated EPS is 69p in 10yrs.

4) The earnings per share of 0.69 x the future PE of 52.7 gives a share value in 10 yrs of £35.88.

5) If you take 15% profits year on year from this sum you achieve a current fair price of £7.71

6) discount this by 50% for a margin of safety purchase price of £3.85. Basically you can buy this all the way up to £3.85 and still get a fantastic bargain.

I have run this calculation on a multitude of companies, and none meet the criteria. If you can find any companies with a solid history of exceptional trading like Boohoo that have lost substantial value through no real fault then please let me know of them.

JimmyTalks - Regarding the end of the furlough scheme, this will also be a plus for Boohoo because people will buy cheaper clothes. The last recession meant Primark beat everyone else's revenue because people still bought clothes, only cheaper clothes. Young people always buy clothes. What did you spend your money on when you were that age? Clothes and going out. If they're not able to go out with the lockdown restrictions, then they will buy new clothes to be on zoom. Young people always find ways round everything whether it is to be on zoom or tiktok or instagram or whatever. One of my reasons for buying Boohoo was that 16 to 24 year olds have the most disposable income. No rent, no mortgage, etc., etc.

Regarding returns, I can see Asos having a bigger problem with returns because their clothes are much more expensive compared to Boohoo. My family and I have bought from Boohoo and I think they're great quality for the price. They do too.

graking - the connection is with the dry electrode technology which Maxwell used first on their supercapacitors. If this is from one of CAP-XX's patents because CAP-XX have also patented a form of dry electrode technology then this is the link.

Love that TONY_P - patents certainly given more rights than humans.

Thanks Tradingdutchman, liked this part:-

Musk is also acutely aware of the competition, whether it’s QuantumScape, the 10-year-old San Jose, California, startup backed by Bill Gates (another Musk antagonist), or Lucid Motors, the EV startup founded by the former lead engineer on the Model S. QuantumScape claims its lithium-ion batteries can extend the range of electric vehicles by 50 percent. And Lucid says it recently unveiled sedan, the Air, can achieve a range that is 20 percent better than the best Tesla.

EV batteries are no longer the sole province of Tesla. Legacy automakers like Volkswagen, General Motors, and Ford are funneling billions of dollars into EV development, and batteries will play a major role. Musk needs to seize the moment if he’s to remain in the pole position, LeVine said.

Kencarv - absolutely, however, I like to take in everything around the shares I hold. I thought it was interesting and thought others might find it interesting too. Maybe not. I like to read and research far and wide around the shares I hold. Sometimes, I find great little nuggets of information doing it this way.

Thanks Buffettslovechild for another great comment, love it.

Loved this comment about Boohoo on here from poster called Buffettslovechild so have copied it below again for those who may have missed it. This is Part 2 of it.

Estimate of the Intrinsic value price of a Boohoo Share.

1) 5 year EPS growth rate estimate from yahoo finance (analysis page) is 29.9% per year. From the balance sheet we can see that equity has grown from 85.5million in 2015 to 569 million in 2020. That is 46% per year compounded growth.

2) The 5yr historic PE from MSN Money price ratios is High of 70.86 and low of 37.69 is 52.7 average.

3) Current EPS (TTM) is 5.3p x growth rate 1.3 x 10 yrs = 69. Therefore the estimated EPS is 69p in 10yrs.

4) The earnings per share of 0.69 x the future PE of 52.7 gives a share value in 10 yrs of £35.88.

5) If you take 15% profits year on year from this sum you achieve a current fair price of £7.71

6) discount this by 50% for a margin of safety purchase price of £3.85. Basically you can buy this all the way up to £3.85 and still get a fantastic bargain.

I have run this calculation on a multitude of companies, and none meet the criteria. If you can find any companies with a solid history of exceptional trading like Boohoo that have lost substantial value through no real fault then please let me know of them.

Loved this comment about Boohoo on here from poster called Buffettslovechild so have copied it below again for those who may have missed it. This is Part 1 of it.

I am interested to know if anybody here is a value investor. I follow the Buffet style Investing as best i can which is really difficult because there are virtually no companies that meet the criteria at present. In fact, Boohoo is the only business that I can find. Has anybody on here worked out a number for the intrinsic value that they can share. For clarity, Buffet and Monger calculate the amount of cash that owners (us) can take out of a business and then discounts that back to find a fair current day value of the stock and then look to buy with a margin of safety.

Intrinsic Value of Boohoo

The calculation method I use is as follows;

1) Work out the expected future earnings per share (EPS) growth rate of the company

This is based on either the analyst's evaluations on say, yahoo finance for 5yr growth, or on previous year's performance based on equity growth, whichever number is the most conservative.

2) Work out the future Price to Earnings ratio (PE)

This is taken as either the average of previous 5yr high and 5yr low. Or double the growth rate, whichever number is most conservative.

3) Estimate what the Earnings per Share will be in 10yrs time.

Take current earnings per share and multiply by the EPS growth rate and number of years (say, 10). This will give the estimated EPS in 10 yrs.

4) Calculate the share value in 10yrs time

This is basically the estimated future Earnings per share x the estimated future PE value.

5) Discount to find todays Fair value for the share.

Discount this estimated share value back to the current day but take your required annual profits required out each year. (say, at 15%)

6 Reduce the sum to have a margin of safety I think 50% is acceptable.

This is because we know that everything may not go as planned. This is basically the maximum we are willing to pay per share as a new owner of the company.

OracelofOldham - For me, Boohoo is a great growth share at a cheap price.

I, for one, think it's all about revenue. Some investors will be waiting to see if Boohoo's revenue has been affected in any way by the so called allegations against suppliers to Boohoo. Personally, I don't think it will be because people who buy from Boohoo don't seem particularly interested in these so called allegations. Regarding the end of the furlough scheme this will also be a plus for Boohoo because people will buy cheaper clothes. This happened in the last recession when Primark beat everyone else's revenue because people still bought clothes only cheaper clothes. Young people always buy clothes. What did you spend your money on when you were that age? They will buy them to be on zoom too. Young people find ways round everything whether it be on zoom or tiktok or instagram or whatever.

Well, as usual, nobody knows what will happen with the share price. Lots of educated opinions.

I'm so glad, I don't trade shares. I research and find great growth shares like Boohoo, buy them and hold them through every up and down. Whilst I hold them, I research them, the markets and the news every day, so I'm confident to keep holding them.

Kencarv - the relevance was to Tesla. Also, Elon Musk owns SpaceX. In case anyone was interested in finding out more about Tesla and SpaceX with the CAP-XX patent court case against Maxwell owned by Tesla and Tesla's big battery day soon.