Member Info for Peoplepower1

AIM companies have to give one update only for each quarter. CAP-XX have already done this for Q1 2020 on 16 March 2020. Best not to expect anything more until the end of June 2020 and then you won't be disappointed. I'm looking forward to end of June 2020.

The only person you have control over is you, so focus on your happiness.

A difficult person is probably locked into a negative mindset that is part of the fabric of his or her personality. Negative people often have a demanding nature.

Real life includes people who scorn your optimism because they don't have dreams of their own.

Negative people love bringing others down. It can sometimes seem like that’s the only thing they enjoy doing.

Rise above and remain positive.

I have often been told I'm a lateral thinker so maybe I see connections easier than others.

If you're not interested in how global markets affect your shares then you may as well stick a pin in a list of shares and pick your shares that way.

I can't believe that some investors on here can't see the connection between what's happening globally with local share prices and their markets.

How can you invest in shares if you don't have an understanding of global share markets and global markets?

Global markets affect all share prices. When markets are going up then that helps the CAP-XX price to go up. When markets are going down then that can affect the CAP-XX share price too.

Furthermore, CAP-XX markets include Europe so if Europe is opening up then this helps CAP-XX's market.

You are very shortsighted PC01 if you can't see how global markets can affect local share prices.

Boohoo look to make a profit of about 8% of revenue whereas ASOS only make about 5%.

So, let's work on 8% of $3bn revenue at 8% profit would be $240m, £200m, if Boohoo bought JCrew with a possible future revenue of $3bn.

HSBC RAISES BOOHOO PRICE TARGET TO 420 (370) PENCE - 'BUY'

Hydrogen energy equipment manufacturer ITM Power has announced the establishment of subsidiary, ITM Motive, which will own and operate a network of eight publicly accessible hydrogen refuelling stations, expanding to 11 by the end of 2020.

In 2018 JCrew had revenue of nearly $3bn and assets of $1.5bn.

Boohoo bought Nasty Gal from Chapter 11 Bankruptcy for £20 million in November 2017 and revenue reached £100m in last results. Two years to reach revenue of £100m .... Wow.

JCrew have gone into Chapter 11 Bankruptcy. JCrew also own Madewell and were looking at making some money from launching an IPO on Madewell but COVID 19 stopped all that. So if Boohoo bought JCrew out of Chapter 11 bankruptcy then they'd get Madewell too.

Check out the websites for JCrew and Madewell.

Technical analysis looks encouraging for CAP-XX too.

Shares on major European stock markets soared in premarket trade on Monday as investors' worries over the coronavirus pandemic continued to subside. Spain's daily death toll from the infection fell below 100 for the first time since March 16, while the United Kingdom marked the lowest increase in COVID-19 fatalities in nearly two months.

As the earnings season heats up, Ryanair said its revenue for fiscal 2020 rose 10% compared to the year prior to reach €8.49 billion.

The DAX in Frankfurt jumped 1.57% at 7:34 am CET, while the FTSE 100 surged 1.45% at the same time. The CAC 40 in Paris gained 1.51%. The euro was virtually unchanged to go for $1.08203 at 7:36 am CET.

Breaking the News / GA

For me, making money on shares is about helping others to make money on shares too. It must never be about trying to get people to panic and sell at a loss so you can buy their shares cheaper.

Wrong again pookookachoo, it was Mahmud Kamani who bought into Avacta.

Russ Mould, investment director at Manchester investment platform AJ Bell, said: “While most companies are tapping investors for more cash simply to keep going during the crisis, there are a select few who can afford to think more strategically.

“Following in the footsteps of Auto Trader which recently made a similar move, Boohoo is the latest company to ask shareholders for cash so it can have a war chest to make acquisitions.

“Now is a perfect time for the strongest companies to buy weaker players, thereby extending their reach and market position.

“What’s really interesting is that Boohoo has convinced investors to buy more stock only days after its share price hit a new record high of 370.4p.

“While the placing price of 340p is a small discount, investors are paying to get a slice of Boohoo, suggesting that they really believe in its potential to keep growing very fast.

“It is no stranger to making deals, having previously bought assets from Karen Millen, Coast and Nasty Gal.

“Asking for such a large sum of cash would suggest that Boohoo is confident that opportunities will emerge as more retailers struggle to stay alive.

“A near-£200m fundraise will now enable Boohoo to act fast should there be a chance to buy something out of administration.”