Member Info for PortfolioPower

More Good News on the way!!

"The Group continues to invest in building a distribution network capable of supporting in excess of £5 billion of net sales, with our first US distribution centre expected to go live in 2023, and we are considering options to expedite this process."

Really forward to hearing the update here.

Reminder

"The Group remains highly confident about its future growth prospects given the exceptional growth achieved in the UK where our leading proposition across price, product and service continues to resonate strongly with customers across our brand portfolio.

The Group continues to make significant investment into its infrastructure, including progressing plans for its US distribution centre, to support its future international growth ambitions with a network capable of delivering in excess of £5 billion of net sales, and returning towards normalised growth rates of 25% per annum post-pandemic."

Lol... there are clearly several on here that will never ever escape their mums basement..

No, what obvious is that after guidance was planning for a complete UK lockdown due to omicron the shorts jumped all over BOO

The lockdown never happened.

Everyone is out and about.

My local pubs and clubs were rammed last weekend

Unless your some friendless merchant of doom, You will be out and about all the time going forward.

Return to office- fantastic for warehouse and Burton

You can't think logically because it doesn't fit your narrative.

I bought Oil stocks at the bottom and whilst everyone else is now buying them near the top of the cycle I am slow moving out and into stocks that are oversold like BOO.

I will be ahead of the curve on the rebound as I scale in here, position building.

The de rampers can't read financial statements.

Don't know where to look for them

They sit there in their mums basement in their 7 year old stained jumpers thinking they are the oracle on all things fashion led.

Clowns.

Strong rebound coming

Expect this to be back over 200p this year, likely by summertime.

So from the present entry its highly compelling as once the uptrend is established all the ducks will line up here for an explosion in the US business.

That opens up the pathway to 600p.

its simply short term constraints and the US facilty that's presently under construction that won't see us get to those levels this year, but once established the potential is huge.

That's why I'm a buyer at these levels.

BOO has a history of aggressively rebounding after being dragged down to these lows by the bottom feeders.

AIM is a game, but DYOR, ignore the organised hit job by some on here and trust your OWN research

CEO makes a brief statement and the SP gaps up instantly by 18% due to short squeeze panic.

Said it before..

A massive bear trap is getting laid here.

Go short from these levels at your peril.

No worries max, I've now got what I needed from another link you posted.

Cheers.

Max....

Could you post up some links to the group revenues?

Let's just deal with the facts, so post the links

Cheers

Welcome on board hotmess!!

Agree with the other more clued up posters

Strong rebound coming and expect this to be back over 200p this year, likely by summertime.

So from the present entry its highly compelling as once the uptrend is established all the ducks will line up here for an explosion in the US business.

That opens up the pathway to 600p.

its simply short term constraints and the US facilty that's presently under construction that won't see us get to those levels this year, but once established the potential is huge.

That's why I'm a buyer at these levels.

BOO has a history of aggressively rebounding after being dragged down to these lows by the bottom feeders.

AIM is a game, but DYOR, ignore the organised hit job by some on here and trust your OWN research

The trolls only have old news to drag up which we all know has been addressed so some of the more crooked ones are now resorting to spamming multiple libellous statements and outright lies.

Agree

The debehams website should deliver strong growth and allows us to gain a online marketplace outside of the core fashion business.

Max - stop misleading folk.

The US case is already provisioned for.

Source - (Reuters)

Nov 4 (Reuters) - Boohoo (BOOH.L) said on Thursday it has agreed to terms of a preliminary settlement with parties that brought a U.S. class action claim alleging that the British online fashion retailer's promotions in California misled shoppers.

The company, which sells clothing, shoes, accessories and beauty products, said the preliminary settlement will be covered in full by its existing claims provisions, which stood at 19.1 million pounds ($26.1 million) at Aug. 31.

Should be an RNS this week to update on activities.

GLA

The new Debenhams online department store gives us an outlet that can be scaled up creating an diverse marketplace for items outside of the core fashion sector.

Allowing the group to trail and expand into an infinite range of new product lines and the potential for exponential growth from a standing start.

We have also just this weekend launched a own brand cosmetics range where if we go on to achieve just 1% market penetration over the next few years would add £5billion to the top line

We have the perfect demographic existing captive customer base and data to aim for these numbers for our new cosmetics range.

All to play for as the company delivers yet another recession proof growth string to its bow.

Smart move imo.

Plus the New Manufacturing Centre of Excellence in the UK opened last Friday

The short term headwinds are all pandemic related

The trolls know it

They'll be loading up at these levels

The market is a voting machine short term and a weighing machine long term.

BOO has truely massive scope to add some significant weight from the present range.