Member Info for Peoplepower1

Boohoo Group share price in 5 years should read £16.50 and not £16.15.

Boohoo Group revenue for end of year results for 2019 was £1.2bn.

Boohoo Group could achieve a revenue of £6bn in 5 years. £6bn is 5 times more than £1.2bn. That would mean a share price of 5 times more than approx £3.30 which would be £16.15.

I will be holding my shares in Boohoo Group for years and years to come.

In my opinion Boohoo Group will grow like Amazon but for clothes.

Boohoo Group have a great future. In 2 years they turned Nasty Gal into £100m revenue. In 5 years the boohoo brand itself has increased from £100m to £600m.

They have 6 brands and if they buy Oasis and Warehouse that is 8 brands. 8 brands in 5 years could have a revenue of £6bn and possibly even more.

Boohoo Group sell their own clothes under brand names Boohoo, Boohooman, Pretty Little Thing, Nasty Gal, Miss Pap, Karen Millen and Coast. Boohoo Group have the ability to be agile and flexible with their clothes by using their own test and repeat theory. if it sells on test then they repeat it, if it doesn't then they don't.

ASOS sell third party clothes. Boohoo Group sell their clothes via ASOS too. Boohoo are much more nimble than ASOS in their operations.

Openspaces - you don't get it. You spout crap on here about CAP-XX.

You don't do any research, you jump to conclusions, you make assumptions, you get things wrong and you have no attention to detail.

Believe it or not my posts are not all about you or your cohort of friends.

My posts are to help those who are willing to learn. Just because you're not willing to learn doesn't mean everyone who reads my posts on here aren't willing to learn.

So please keep your comments to yourselves if you don't want to learn. It's your choice if you don't want to learn however it doesn't give you the right to denigrate and insult me.

Trying to help people to learn is not condescending. Preventing me from helping people to learn is bullying behaviour.

Could you please take the time to read all of my six posts, more of my posts are below. Could you please read them more than once so you don't simply react to one post or even to one sentence in one post.

Learn to research by reading all my six posts in full and reading them more than once. This is how to do research properly. If all you want is to read soundbites, then shares are not for you.

So instead of researching me why don't you use that valuable time to research shares and in particular CAP-XX.

if you want to make money on shares then you have to devour everything and even more.

If you don't do this, then you'll keep losing money on shares.

Read everything you can find about shares and CAP-XX, this is how you make money.

KingKevin - So sorry I didn't explain myself very well.

I bought CAP-XX when they were about 2p and sold them at 15p. I decided to go back in with a small punt at 12p and I've held onto them because my research has always shown me that supercapacitors have a big future. I bought even more at 4p and 3p and will be holding onto them for years and years.

Openspaces - you didn't do your research on me very well. If you had, you would have read it was 360,000 boohoo shares. You really are an old fool. You can't even get your research on me right.

Openspaces - So you were in fortune oil too, lost money and then made the exact same mistake by putting the money you got from the fortune oil buyout into CAP-XX. You never learnt from your loss in fortune oil to research, research, research. And you still won't learn. What does that say about you? Exactly your own words about yourself, you're an old fool.

Yes I was in fortune oil before 2015. I actually made a profit from them. I bought them at 5p and the buy out was at 10p. In fact the £100,000 from the fortune oil buyout was invested in boohoo and made £1m.

I'm not saying I've never made mistakes. I'm saying I've learnt from my mistakes. The way I've learnt from my mistakes is research, research, research. You can't do enough research.

I'm trying to pass on that wisdom on to those who want to learn. Unfortunately Openspaces, 3.14, JamesHinvest and anyone else who ridicules and puts me down for trying to prevent others from losing money don't want to learn. They want to go on losing money How sad are they?

Boohoo has found a way to adapt to the new normal. If people aren't venturing much outside their front doors any more, what kinds of clothes do they still need?

"People aren't really buying going-out items, but they are buying homewear - hoodies, joggers, tracksuit bottoms," a Boohoo spokesperson said.

"Sales of tops have gone up in particular, with everyone wanting to look smart on Zoom calls."

As a result, the firm has seen a year-on-year rise in sales during April, at a time when rivals have reported a collapse in demand.

The Royal Bank of Canada (RBC) is known for its low price targets on boohoo.

Its previous price target for boohoo was £2 so to go up to £2.60 is a hell of a jump for RBC. Some say RBC are linked to shorts in boohoo.

Investors Chronicle Tipped Boohoo A Buy on 22 April 2020

Fast fashion retailer Boohoo noted that trading has started to recover from the virus-induced shock to demand last month, with year-on-year growth in April. The group posted a 44 per cent increase in revenue to £1.2bn in its 2020 financial year, having acquired the MissPap, Karen Millen and Cost brands. Management noted that it remains cautious on outlook and has not provided guidance for the 2021 financial year. But the group retains a healthy balance sheet with £241m net cash at year end. Buy.

Analysts at Jefferies reckon first quarter sales at Boohoo could grow by between 5% and 10%. They have a price target of 395p, whereas Liberum has reinstated its “buy” recommendation with a 330p target.

Openspaces - you don't do research and you've lost a packet.

I'm trying to help you make money and you call me a big head.

When will you ever learn?

It's obvious you don't do any research KingKevin and have lost a packet on shares.

Maybe if you tried to learn from me instead of insulting me you might actually make some money instead of losing it.

Unfortunately there are some posters who love to put me down. Fortunately they’re a minority. Thought I’d remind you of how this post started. Here it is again:-

I’ve always found Stockopedia estimates spot on for my shares over the years.

Stockopedia estimates for CAP-XX are as follows:-

Year End 2020E 2021E

Revenue A$9m A$13.6m

Net Profit A$0.1m A$2.4m

EPS Normalised A$0.000 A$0.800

PE Ratio N/A 5.36

If you're expecting the CAP-XX share price to get to £1 then it'll take 10 years to reach £1. Be patient and you'll make a fortune by buying them at this price, tucking them away in your sipp, isa and your families' sipps and isas too.

My advice is to ignore any posts on here from people who don't research thoroughly because they're spouting crap, hence why they never make any money on shares.

Making money on shares is hard work and if you don't research everything like it's your own business then you'll lose money.

So sorry you missed the rest KingKevin. I sold them at 15p.

What truth?

You've put me down from the beginning. That's the only truth there is.