Member Info for ragtrade

Mmm perhaps not, it seems to have gone down rather well.

Ian B christ sorry , don't tell me he's seen it, it wasn't for his eyes, he's so gonna stick me in the corner with D hat on.

Apologies altho I think we maybe getting towards the epilogue but he does seem to be fascinated with me so who knows, but your right i'll try my best to stay away from him.

@Pmoran OMG you've done it now, i thought that was going to be Amen but sadly not. This is for your ears only, i agree with everything you have just written inc Greggs btw , only diff is that i'm in the fashion business my entire working life, sat at home in March looking at all the share pxs inc Asos share price thinking WTF !!! things are going to be bad but these guys are pretty much the only ones still open, i still have in my book here all the prices and values i wrote down at the price i was selling, but the good news carried on getting better so i didn't because i thought they will never ever fall back to what i bought them at, any profit is a good profit , absolute once in a lifetime oppo to make some serious money if you have some balls, how many people say oh wish id have done that, anyway got into the 50's and i thought the heights here are quite giddy so i bailed, the buggers then carried on going they have fallen back since, BH much more tentative all time watching BH knowing JL/ AR , but also u/s the Manc rag trade which can be a bit dodgy so started to gradually build up BH on the falls, i'm now 100% BH, some of the buys bit high but some crazy low as well, was it gamble, damn right, was it calculated 100% . Your post sums it up, will it shut Dan " da shiz " 90 up not on your life. Anyway keep this to yourself.

of the equity story that is!!!

Oh dear, chapter 20 coming.

@Pmoran, nice, hope the going is better than on this board

Dan that sounds a bit sad, come round mine fella, just bang in digits 450 and gates will open, watch the Deer when you come up the drive though.

Sooo, what's everyone doing for Christmas?

If this last week has taught anyone anything about investing in the rag trade it's that a week is a long time in fashion!
B/H's rep with the media gone from zero to hero, their def not out of the woods yet but at least the sun is shinning through the trees, no more talk about Leics or Auditors.
I've never seen anything like this, old guard is going and a new dawn is emerging, someone is going to make a killing.

Slipperz, the stock in stores will be off loaded at the busiest time of the year 500 stores i'd take a guess at 20k-30k a day each store between now and Jan. Mike Ashley will carryon a reduced H St presence, other bidders just a hand full of Flagship stores at best. Not seen is the very credible SS21 ranges all in work at various stages, this means infrastructure is there already up and running very very easy to seamlessly take most of these brands forward, even yesterday despite all this crap buyers were chasing new buying samples, tbh i think they were in denial. As for value across the Brands millions, i couldnt put a fig on it.

Dan i've already explained why at present it's impossible to call, i am seriously done with this now, you kept pushing my buttons but def def def done now, LoL, if you don't see it from my perspective after all the posts then tbh you never will.

Dan i refer the right honourable Gentlemen to the answer i gave earlier.

Nice to see Bella has quoted me in our bible trade mag don't you think?

Slipperz we are already getting mails from Admin about what and where the stock liabilty is, they want to trade these brands all the way through and do not want to stop the flow of goods as timing is critical in this game and SS21 cannot be stunted as it impacts of the value and credibility of these Brands, to keep things normal will mean added value for the Admin's , sadly i don;t think we will see any of the invoice debt but i do u/s that as these went through yday and not today we may have preference over HMRC !!!

Dan get your glasses on and go read war and peace

Algo LoL you may recognise the first two para graphs of the below, the lady in question who wrote this article i know very well, go back and look at my posts.

Dan you listening

Dan , ground hog days, go back over the War and Peace from the last week, its all there, alternatively get a mirror and debate with yourself. I've now imparted to you all the info you need, take it or leave it, and along with your own info you can make your own call as to when to sell either in s/t , m/t and l/t and when you do think it's time to sell, your views will of course be based on a entirely different set of criteria to mine but principle is same , to make money, i trust you may now have more of insight then when we first this debate and as always hope you make good money.

Dan in fairness you over anal ise. Sort the fundamentals and Share price will follow in the earnings, its how we got here in the first place. Thank God the buying dept's don't work like this i think they would struggle to agree to get a pair of pants on the rack within 90 days (btw normal leadtime) let alone 2 weeks (btw super fast track leadtime)

Dan so your clear on how much EXIT margin wholesale makes, just about every brand under the sun has wholesale, most wouldn't survive without it, its how the whole fashion industry started, as mentioned already pure play e-tail is very very narrow and outdated.

@Mudis Dan would argue with his own shadow.

Dan phewwww, and theirs me thinking its all about my well laid out fundamentals, dear dear what a fool i am.
Must have been a massive relief to investors when Asos Next and co kicked out Boohoo's Wholesale offer!!! Come to think of it i think everyone on here was saying thank god because it's not part of our earnings strat and multiple growth scalability. Anyway at least they have knocked that poorly though out revenue stream and lets hope its never repeated otherwise the investors are going omg MK/JL what they doing they have gone off-piste again IT IS NOT OUR EQUITY STORY!