Member Info for Peoplepower1

Don't ever let anyone panic you into selling your Boohoo shares. Shadowfall's report is misleading, wrong and has left out important information on purpose. They have done this to get Boohoo shareholders to panic and sell so they can make millions from you. Don't let them make millions from you panicking and selling your Boohoo shares.

If you deliberately set out to mislead people in order to to make money then that is fraud. It may be difficult to prove, however, that is for the FCA to decide along with their legal experts.

I've already emailed the FCA and it only takes a few minutes.

I think we should still complain because it may help to change the law for the future. The more people who complain the more likely the law may change. This is how laws get changed so never think that your email complaint will be fruitless. If you sit back and accept everything then nothing gets changed.

Regarding the Order book for the current CPX products (i.e. not the new Murata lines) being more than double the level at the same point last year. Same point last year was A$3.9m so more than double looks to me like it could be A$9m from the current Order book which doesn't include the Murata lines.

Murata project: first shipment of the production assets acquired from Murata is being installed in the new Sydney facility. Second and third shipments have left Murata and are in transit. One is on the water, the final is at Kobe port and is awaiting a ship. Due to COVID-19 disruption to shipping schedules, there is likely to be a delay of up to three months to the project. This also reflects the restrictions on the movement of people in/out of Australia/Japan. CPX has set up remote engineering support around the installation and commissioning of the former Murata production line.

Ioxus patent infringement: CPX remains confident of winning but no longer expects any significant financial return following the sale of Ioxus assets. Management believes a successful ruling will help in other patent infringement litigation/licensing and demonstrates that CPX will defend its IP.

Allenby Capital:- Order book for the current CPX products (i.e. not the new Murata lines) more than double the level at the same point last year. Demand across multiple sectors: medical, security and telecoms.

Allenby Capital comment: The three-month delay to the project to relocate and recommission the Murata manufacturing assets acquired at the end of last year will not come as a huge surprise given the disruption caused to international travel by COVID-19. Although the transport of goods has not been restricted, the volume of available shipping has been significantly reduced. There have also been challenges in securing other materials for the fit out of the new facility in Sydney and management has had to work closely with the equipment manufacturers and Murata in order to develop remote engineering support. That said, the asset purchase remains a unique opportunity to transform CAP-XX's profitability by increasing revenue and gross margin at the product level for a minimal capital outlay. COVID-19 has also impacted product sales in Q4 but the outlook for supercapacitors remains positive across multiple sectors.

Allenby Capital's latest report is at:-

http://www.allenbycapital.com/research/research-cpx_35_2348241006.pdf

roomie - for me personally I would prefer for Umar Kamani to keep his percentage holding of PLT. I think that would be a great motivator for him to continue growing PLT and will benefit us Boohoo shareholders better than buying it.

Regarding the dividend payment, if there is one, my quick reading of this is that this would be for Umar Kamani and for all Boohoo shareholders too.

If Boohoo buy the 33.3% of Umar Kamani then it has to be done by 28 February 2022.

roomie that should read - These guys are not simply writing spin they are writing misleading information to make millions and millions.

roomie - I haven't had a chance to go through that in detail as yet.

These guys are not simply writing spin they are writing misleading information millions and millions.

People going long are holding onto their shares they are not pumping and dumping. There's a hell of a difference.

From a very quick read of the Shadowfall Report, here's some of the misleading information:-

Shadowfall's report mentions once only that Boohoo were able to buy 66.9% of PLT for £3.3m in 2016. This was a great buy for Boohoo. The report states loads and loads of times about the percentage held by Umar Kamani and mentions only once that Boohoo bought 66.9% of PLT for £3.3 million. Shadowfall doesn't even state it was an excellent buy for Boohoo's shareholders. Instead it calls it a modest price. Boohoo left 33.3% in the hands of Umar Kamani which was the right decision as far as I'm concerned. Umar is brilliant at running PLT and we've all benefited from how he's grown it.

Regarding ISawItFirst, I've always known it was owned by Mahmud Kamani's brother. This brother was a Director at Boohoo and left in about 2017. Shadowfall also don't mention any of this in their report. For me, I thought maybe the brother's nose was put out because he was a Director and not a joint CEO so hence why he left. Mahmud Kamani and Carol Kane were joint CEOs of Boohoo. Possibly the brother expected to be Joint CEO with Mahmud Kamani. The brother set up an online fast fashion business too, called Isawitfirst. This has been operating for about three years and is nowhere near the likes of Boohoo and never will be. Isawitfirst is small potatoes compared to Boohoo and always will be. None of this is covered in the Shadowfall report.

Regarding the Boohoo accounts they've always shown what money was paid to Umar Kamani for his 33.3% share of PLT. This has been there to read because I've checked for it myself.

Roomie, please read below my post on how the report is misleading. I haven't been able to go through the report with a fine toothcomb as yet. It's been a quick read on my part and I've managed to pick out a number of misleading statements in it. I have always tried my best to prevent people from panicking and selling because I've done that in the past and lost loads. I hate to see posters who are obviously wanting to get the share price down so they can buy in cheaper. I will always call them out and obviously they don't like me for it.

You're right roomie, well spotted. However, that's the one and only time it is mentioned in the Shadowfall report, considering the report mentions loads and loads of times about the percentage of PLT owned by Umar Kamani.

It is wrong to provide misleading information to panic holders into selling their shares so you can make money from them doing this. It is also a criminal offence.

Shadowfall's report doesn't mention that Boohoo were able to buy 66.9% of PLT for £3.3m in 2016, a great buy for Boohoo. Boohoo left 33.3% in the hands of Umar Kamani which was the right decision as far as I'm concerned. Umar is brilliant at running PLT and we've all benefited from how he's grown it.

Regarding ISawItFirst, I've always known it was owned by Mahmud Kamani's brother. This brother was a Director at Boohoo and left in about 2017. Shadowfall also don't mention this in their report. For me, I thought maybe the brother's nose was put out because he was a Director and not a joint CEO so hence why he left. Mahmud Kamani and Carol Kane were joint CEOs of Boohoo. The brother set up an online fast fashion business too, called Isawitfirst. This has been operating for about three years and is nowhere near the likes of Boohoo and never will be. Isawitfirst is small potatoes compared to Boohoo and always will be.

Regarding the Boohoo accounts they've always shown what money was paid to Umar Kamani for his 33.3% share of PLT. This has always been there to read because I've always checked for it myself.

I think we should all email the Financial Conduct Authority (FCA) about Shadowfall's tactics to short Boohoo and then write a report to bring down Boohoo's price so Shadowfall could make millions from panicking holders into selling. Despicable tactics and needs to be investigated by the FCA. Here's the email address for the FCA to ask them to investigate Shadowfall whistle@fca.org.uk

The more of us that email the FCA about Shadowfall's tactics, the better. Tell the FCA you are a holder of Boohoo shares and you want Shadowfall investigated. If you were a holder and were panicked into selling today then email the FCA and explain this. Also, tell the FCA how much the share price was when you sold, how much it had gone down from its top price today of 373.50 and if you lost money through panicking and selling.

I always thought Boohoo were right to leave 33.3% of PLT with Umar Kamani. It was only fair because Umar had built up PLT into a successful global business. Boohoo got to buy 66.9% of PLT for £3.3m. Yes £3.3m and cheap as chips as far as I'm concerned. Umar has done a great job with PLT.