Member Info for Peoplepower1

AIM4 - Thank you. You're right, buys and sells are determined by the computer software depending on the bid/ask price at that time. However, this is not always totally reliable.

The stock market is always forward thinking. Boohoo is treated more like a tech company than an online retailer because of its growth potential.

UT is the uncrossing trade which determines the closing price for Boohoo at the end of every day. This has to be done every day.

Sells and buys are always guessed by a computer so no-one knows if it is really a sell or a buy. The London Stock Exchange doesn't allow the recording of buys and sells hence why they are always guesses by a computer on here. This website LSE stands for London South East, a bit naughty really using LSE for the website name here because it looks like it might be London Stock Exchange when it isn't. This website will have its own computer software which guesses if the trade is a buy or a sell.

Keep the positivity going to combat the negativity. 5 positive posts are needed to combat one negative posts. That's how much effect negative posts have on people.

For every one negative post 5 positive posts are needed to combat it. Negativity has 5 times more effect on people than positivity hence why 5 positive posts are needed to combat one negative post. Anyone who holds CAP--XX shares and posts negative comments is shooting themselves in the foot because negative posts panic people into selling which in turn brings the share price down.

Warren Buffett/George Soros agree that when others are fearful it's time to be greedy.

With 24 hour news, they'll print any old rubbish.

The Times with more garbage. Someone who was a friend of someone was investigated for organised crime and money laundering. Obviously no charges were brought. Scraping the barrel again.

Jamal Kamani was not a founder of Boohoo. He was a Director and left a number of years ago. Since then he has set up I Saw It First which is not and never will be in the same league as Boohoo.

Boohoo own 9 brands, Boohoo, BoohooMan, Prettylittlething, NastyGal, MIssPap, Karen Millen, Coast, Oasis, Warehouse. Boohoo have £350m net cash to buy more brands out of administration and make them profitable. Boohoo bought Nasty Gal for £20m and turned it into revenue of £100m within 2 years. Boohoo bought Oasis and Warehouse recently for £5.4m. Yes, £5.4m. Soon these two will be making revenue of £100m each. As will MissPap, Karen Millen and Coast. Boohoo increased revenue for just the Boohoo brand on its own to £600m in 5 years. Prettylittlething increased revenue to £500m in 5 years. Boohoo has the potential to be the Amazon for clothes. Hold your Boohoo shares in an ISA for at least 20 years and you'll be rich.

Fast-fashion retailer Boohoo Group PLC has urged the government to take action to protect workers being exploited in UK garment factories as it investigates allegations of malpractice at a supplier in Leicester.

Well Done Boohoo. If anyone can get this fixed, then Boohoo can.

On Friday, Boohoo Chief Executive John Lyttle sent a letter to Home Secretary Priti Patel headed "protecting people being exploited in UK garment factories".

He wrote that around 40% of Boohoo's products were manufactured in the UK, "supporting thousands of jobs in this country that may otherwise be lost to overseas markets".

Lyttle added: "We firmly believe that 'Made in Britain' should be a label of pride for those wearing our clothes and badge of honour for those who make them.

"We're taking action to investigate allegations of malpractice in our supply chain and we ask government to take action too.

He wrote that Boohoo backed calls from the British Retail Consortium and the All-Party Parliamentary Groups for Fashion and Textiles and Ethics and Sustainability for the government to implement a "Fit to Trade" licensing scheme to ensure all garment factories met their legal obligations to employees.

Lyttle added: "The UK has a proud history in fashion and textiles.

"A joint effort between industry and government will ensure that the renaissance of which boohoo group has been a proud part is a key contributor to our country's trading future."

He argued that statutory licensing of garment factory owners and managers would protect workers and "provide an incentive for retailers and brands to invest in the UK".

Lyttle said that "as a minimum" such a scheme should cover the protection of workers from forced labour, debt bondage and mistreatment, ensure the payment of the National Minimum Wage, VAT, PAYE, National Insurance and holiday pay, and the health and safety of employees.

"These measures will also raise tax revenues for the Treasury and create a barrier that prevents rogue businesses from accessing the market and undercutting legitimate fashion manufacturing companies, creating a level playing field for businesses to compete fairly," Lyttle wrote.

Well Done John Lyttle

Starchild - Read your post on Boohoo chatboard. Well done you for doing what you're doing.

I agree share forums should be regulated from de-rampers or rampers that post absurd claims.

For information, negativity affects people five times more than positivity so for every one negative post there needs to be 5 positive posts to combat it.

Boohoo said it was determined to stick with its UK supplier base and work with them to improve conditions. "We remain firmly committed to UK manufacturing and enforcing the highest standards of ethics, compliance and transparency for the benefit of all garment workers," a spokesman said.

And if anybody can do this, then Boohoo can.

Don't forget, we need 5 positive posts for every one negative post because negativity affects people five times more than positivity. The negative posters on here had me suspended from yesterday so I couldn't post.

Credit Suisse raises Boohoo Target Price to 440 pence.

The boohoo business model is highly efficient, meaning we keep unnecessary overheads to a minimum. We do not have an expensive bricks and mortar retail estate, we do not rely on costly TV advertising, instead we use social media to connect with our customers. Whilst other retailers may have to order hundreds of thousands of a garment to fill their retail sites, we may only order 10’s or 100’s. We test how it sells and if our customers like it we re-order, therefore unlike many traditional retailers we do not have to carry thousands of pounds stock, which may or may not sell, which is great for us and great for our suppliers, less unused stock, less waste and more economically viable.

Boohoo's sizeable war chest should allow it to continue buying brands on the cheap. And given the impact the coronavirus is likely to have on consumer behaviour going forward, there’s unlikely to be a shortage of candidates to choose from.

Boohoo’s goal is “to lead the fashion e-commerce market globally.” Based on its solid outlook, I think it stands a good chance of achieving this.

Growth in this financial year is now expected to be ahead of analysts current expectations.

Boohoo Group bought Oasis and Warehouse for about £5m and will turn these two into profit machines very quickly. Boohoo is a share to hold for 20 years plus in an Isa and you'll be rich.

Boohoo has so much growth ahead.

In 2014 revenue for Boohoo with one brand was £100m. In 2020, 29 February 2020, revenue was £1.2bn with 7 brands albeit MissPap, Karen Millen and Coast had only been acquired some six months earlier. So the £1.2bn revenue was made from 4 brands Boohoo, BoohooMan, Pretty little thing and Nasty Gal.

Nasty Gal is an American company bought by Boohoo for £20m and turned into £100m revenue within two years.

Pretty Little thing achieved revenue of £500m within 5 years. Boohoo and Boohoo Man achieved revenue of £600m within 5 years.

Boohoo Group have 9 brands now and no doubt will buy more out of administration. Boohoo Group have £350m net cash to buy more brands. Boohoo's 9 brands are Boohoo, BoohooMan, Pretty little thing, Nasty Gal, MissPap, Karen Millen, Coast, Oasis and Warehouse.

So let's say Boohoo Group can achieve revenue of £100m for their most recently acquired brands which are MissPap, Karen Millen, Coast, Oasis and Warehouse by 2022 that adds £500m to their revenue. Let's say Nasty Gal achieves revenue of £500m by 2022. And Boohoo, BoohooMan and Pretty little thing achieve revenue of £1.5bn by 2022. That's a total revenue of £2.5bn by 2022 with a share price of at least £6.