Member Info for Peoplepower1

JCrew a US Company has entered Chapter 11 bankruptcy so maybe a buy for Boohoo Group.

Those negative posters who continually say that de ramping on social media doesn't affect the share price, it does....try searching for "short and distort."

Interestingly the reason this strategy works much more effectively on the downside than on the upside is that it utilises a well known human cognitive error that prioritises negative information over positive information. This stems from the brain's primitive evolutionary function to protect and which leads to a over estimated importance of negative factors by approx a factor of 5.
Cognitive errors are fascinating cos we're all making them all the time! So be aware.

Thank you perkylad. Love your post on cognitive errors.

The additional cash is for acquisitions. I imagine there are likely to be numerous opportunities for Boohoo to buy up well known brands that fail in the High Street. Boohoo then buys the brand, and bolts it onto the existing Boohoo platform. After 2 or 3 years growing the brand, it's another profitable element to the group.

The sky's the limit, in terms of what Boohoo group can achieve. It's already got 6 brands, and that could conceivably keep growing into substantially more.

Management is tremendously ambitious at Boohoo, and serious about building a multi-billion global business. It's highly profitable and cash generative, a really tremendous business.

Boohoo are known for not over-paying for anything.

Institutional placing at £3.40 share price. Boohoo Group have about £500m net cash now. For me, I prefer growth to dividends any day. Boohoo are expected to grow revenue to £7 billion which is 5 times their last revenue of £1.2bn.

Poor pookookachoo and thechancers got it so wrong and thought they'd be able to get back into Boohoo today on the cheap.

Just ignore them as they're bad losers.

Judges have far ranging powers when it comes to avoidance of damages.

The problem with negativity from posters is that it is very wearing on everybody to the point you just want to sell up and get away from it.

This is what negative posters won't realise that they put everybody off so much that we all end up losing more money because holders sell at a loss just to get away from them.

It's not just their money, it's everybody's money who are invested in CAP-XX. So negative posters try to think of others before posting any more of your negativity. Your negativity is draining.

CAP-XX's legal representative are already working on the figures for damages which will be presented to the Judge for his decision. The Judge won't look favourably at Ioxus selling its assets if it did this to avoid paying damages so no doubt will instruct as necessary to make sure Ioxus don't get away with this.

Morgan Stanley are a bunch of clowns. They always get boohoo wrong. Their understanding of online retail is abysmal.

Stocks in London are pointed higher on Friday morning following a better-than-expected industrial production print in China.

China's industrial output returned to growth for the first time this year in April, official data showed, as the country continued its gradual recovery after the coronavirus brought activity to a near-halt.

Industrial production grew a more-than-expected 3.9% year-on-year last month in a sign that China “ where the pathogen first emerged “ is recovering from tough lockdown measures now seen in other parts of the world.

A Bloomberg poll of analysts had forecast growth of 1.5%.

Far from being just a social media hashtag, #BoohoointheHouse is a dedicated collection of “stay-at-home looks that will make everything a little easier right now … From the must-have casual wear pieces all our boohoo babes are loving right now to trending tops and dresses that make comfy look cute”. Boohoo’s website is full of messaging geared towards the idea of looking glam at home, from a jazzy banner promoting “new stuff to prance around the house in” to imagery of models wearing comfortable-looking tops, hoodies and drawstring trousers, to messaging like “Your cat will be impressed” and “No pants necessary”.

The placememt will raise funds to probably make another aquisition or develop the company to a higher level. We are now looking at a very ambitious company aiming to treble or quadruple their yearly earnings to around £6-£7 Billion. High ambitions but achievable as their strategy is working, their sales model produces and delivers strong results. Perhaps we are looking to push the share price to £10 - £12 by 2021. A multibagger is here. Very exciting times ahead.

Ignore them all because they want you to panic and sell so they can buy your shares cheaper. They are either traders or ex holders of Boohoo shares.

Don't let anyone panic you into selling your boohoo shares.

Trading on Wall Street finished in the green on Thursday with the Dow Jones jumping over 350 points at the close. The banking sector led stocks higher.

The Dow Jones closed 377 points in the green as American Express led the gains as it surged over 7%. The S&P 500 jumped 1.15% at the closing bell, while the Nasdaq 100 gained 1.05%. Wells Fargo soared nearly 7%, JPMorgan and Bank of America rose over 4%, while Goldman Sachs added 1.54% at the end of trading.

They're really coming out of the woodwork now and rubbing their greedy little hands more and more.

The warehouse in Sheffield is leased for PLT. The warehouse in Burnley is owned by Boohoo and is automated. Stop the lies.

Streets36 has jumped on the bandwagon now and is trying to get holders to panic and sell so he can buy your shares cheaper.

Don't listen to him. He's also sold his boohoo shares a while back thinking the share price would go down and it didn't. So now he's trying his best to undermine me so holders will act on what he says, panic and sell so he can buy your shares back cheaper. Ignore him, he's just another greedy person thinking of himself and no-one else.

Streets36 another one who has sold out and is trying to get the share price down to £2.80.

Read the RNS in full and you'll see Boohoo have stated their sales continue to be robust in May, that they're wanting to raise £200 million by selling 5% of boohoo shares. Work out the maths and you'll see they're trying to place them at about £3.50.

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.

I replied and said the price for the remaining 33% of PLT will be on profit and not on revenue.

However I think there are better buys and cheaper buys out there than the rest of PLT. For me, it's best to leave the 33% with Umar because it's a hell of a motivation for him to keep driving PLT upwards.

Regarding your hope of 20% discount to the Boohoo share price. Working out the maths from Boohoo Group's statement in the RNS today, they are expecting to raise £200 million on a 5% sale of Boohoo shares means the share price for the placing will be around £3.50.

Ignore them all because they want you to panic and sell so they can buy your shares cheaper.