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Any profitable company that is valued at less than half its annual revenue yet delivering double digit growth is the buy of the century.

Huge disconnect between present SP and fair value by any genuine metric.

bargain tranches up for grabs

I suspect a very large buy will be getting gently worked on the book ahead of the next update with the hedge funds assisting it to be filled as cheaply as possible.

The next teading update will be profitable and confirm continuous growth and when it does dispite the transitory headwinds for the period demonstrating that this business can cope with the most extreme headwinds and still produce a profit and grow the trolls will look very silly.

Any hint of the US facility being delivered ahead of timescale and this will really rip.

Nevertheless it's coming in a year.

The last trading update appears to have budgeted for a winter lockdown as the omicron variant was an unknown quantity at the time of release.

That hasn't come to pass

Therefore I'm expecting a solid profitable update and a bounce back above 150p+

Then as reality sinks in that the BOO demographic will continue to purchase regardless of any economic conditions in the same way that this demographic has always done so regardless we'll be back up to 300p+ as supply chain issues naturally come to pass as coving fades.

By the time you factor in the huge jump in growth that the new USA faculty will enable we'll be in track towards 600p to trigger the BOD incentive scheme.

USA Duel listing makes even more sense for all the reasons given by pp1.

If we need so much cash upfront to roll out mass operations in the states. It makes perfect sense for MK to pick up the phone up to the US capital markets guys, secure a clean billion in cash and list stateside.

Discussions likely at already opened for this to take place imo.

The share price would likely treble overnight.

That's the difference between day trading for a few percent %

Vs

Accumulating a long term position.

It works both ways for me, if it moves down as I get them cheaper and I'm happy accumulating to hold over the medium term for an easy multibagger

If the transitory cost headwinds associated with the pandemic were as bad for BOO as the shorters try to make out, what do you think these same cost headwinds would do our debt laden retail peers?

It's all nonsense

Our supposed 'poor results' still demonstrate double digit growth, and a highly cash generative business. Despite all of the noise being made.

I think they need to check their definition of 'poor results'

Plenty of loss making retailers out there.

BOO isn't one of them.

Yeah, the business has progressed significantly since 2016 when we last saw these prices.

It's just short price action in the bigger scheme of things

Very relaxed grabbing some bargains here

Massively oversold here now

I'm a little surprised they haven't released an RNS about the news about the new UK manufacturing site going live which is under the radar news at present given it has been a significant undertaking.

200 news jobs have been created to meet demand at the new site which is committed to industry leading ESG credentials.

I'm happy to hear both sides of a balanced argument, but I'm struggling to find any of kallu's posts which aren't just their opinion, mixed with a sprinkle of untruths and then posted as if they are a fact.

A bit like another poster who has been recently discredited on here.

No worries

Ticking up nicely

GL

@IK

Let's keep this forum BOO related.

GL with your other investments.

Pmoran1969

Another good point and well made.

The last trading update was made at a time of deep uncertainty over the scale of disruption omicron could potentially cause.

As we now know, the anticipated mass disruption didn't play out as the doom mongers suggested and plan b measures were quickly scrapped and we are now seeing a return to normality.

All positive indicators

Agreed

Now the reason behind the Jupiter forced sells is understood (they had breeched their cap and not reported it) I think even the most bearish of posters now understand that with Jupiter out of the way it's going to be impossible
to replicate that same selling pressure in the market that we saw here over the past few months and which has created the present opportunity at this level.

GLA

Steelstone

Good to read some sensible posts and comparison / analysis to peers.

Far better bear cases elsewhere now.

Easy to spot those bearish posters that are now panic ridden as the double bottom formed on Friday and it was nice timing with the announcement of the new Manufacturing Centre of Excellence opening up.

Sure growth had temporarily slowed due to certain short term pandemic related issues.

But we are still reporting double digit growth and a clear strategy to continue to grow as we push past 2billion in revenues. None of this is correctly reflected in the present SP.

The pandemic effected most business with the issues cited by the bears not unique to BOO and the companies that saw growth spike up during the pandemic such as Zoom / Peleton etc are seeing a retracement as things start to open up.

Now.is the time to find the quality profitbable businesses where a return to normality will improve the underlying financial performance and that is certainly the case here which is why as each day ticks by the bull case start to improve and the bear case weakens further as all the pandemic related issues become things of the past.

All the bad news is not only now priced in, we are deeply oversold at this level due to the forced seller, with the situation being revealed in the press over the weekend.

GLA

Interest rates can go up all they want.

BOO is debt free so won't have the same impact as rising interest rates would on those retailers that are heavily geared having had to borrow their way through the pandemic to keep the lights on.

BOO has weathered the storm, and unlike our friends on the High St who have saddled their balance sheets with billions of govenrment linked covid support loans BOO didn't need any support of this type and emerges from the pandemic is excellent shape which isn't correctly reflected in the share price at the moment.

I expect to see some more retail casualties, but BOO won't be one of them and will ultimately see their market share increase as competitors fall by the wayside.

Some folk don't understand what transitory means.

Despite the transitory conditions, the business continues to experience GROWTH.

Once the transitory conditions (affecting all businesses) come to pass, the business will still be growing.