Member Info for ragtrade

Greens -You find men who are clueless about fashion.
Not true again but never the less, Asos and B/H are not about men in there 30's, most Gen Z and Alpha care more about what they look like than any other generation before them, in fact it defines them, young guys are taking protein shakes and working out , grooming, like never before.

Greens LoL , i'm sure you do for your age and choice but you are now also more informed on TK Max, i don't want to get into a protracted debate on here re fashion, which you will lose btw, as this is about share prices, for the record i'm in on both Asos and Boo Hoo, Pmoran summed up share px debate nicely. Rag Trade is about to see a generational change, Asos an early adopter and B/H also in at right time, biggest issue they will face in future is not from each other but from Brands most people have never heard of, check out one, Lucy and Yak, if these Brands start to get traction and investment then it will start to impinge on existing players.

Greens yep flawed question agree but your answer was flawed and a bit harsh re TK Max Stock and also fyi most Gen Z and Alpha Girls are back into Flairs and out of skinny, oversize shirts , sweats and jackets are on the money for the Indie Buyer perhaps not for Boo Hoo Girl !!! but def for Asos/Urban Outfitters Vintage Girl.

Pmoran 100000000000000000000000000000000000000000% correct

Slipperz , step away, trendy, unique and versatile are not words you use in young fashion circles.
Brand Alley errrrrrrrrr no, just no.

Greens, not so fast, you might be interested to know that TK Max makes alot of the lines they have in with agreement of that brand and these are actually new styles signed off by the brand who are then paid a commission. Some lines def cancellations from that season butvthey are not old, in this game if something has issues you shift it fast, same season or following season and like i say many brands collaborate with TK Max.

Slipperz sorry you couldnt be more wrong, they have massive massive appeal, one line alone is a 80000 pcs buy a season , this is one line or style BH one style buy 700pcs which may build through the season but will never reach these heights, your way off the mark. Asos stocked Boo Hoo but Boo Hoo dont stock any other Brands , this tells you all you need to know.

@MCMC and everyone else
Asos established 2000 by someone with marketing background and family rag trade heritage.
Boo Hoo established 2006 buy clothing manufacturer.
Asos stsrted off as an agrigator but soon started to build strong own but numbers across mens and womans, there quatities on own buy lines run into 10s of thousands. They have a more Southern bias and def more of an indie brand, much less towny, there own buy menswear offer is as big as their womans, they also offer multi brands , some established some up and coming, this company is full of people at the top of thier game, it is a well oiled and experienced machine , it tweaks here and there occasionally makes mistakes as it is still growing some 20 years later since it started.
Boo Hoo , young agressive in yer face upstart , very towny , bit one dimensional, doesnt agrigate or offer independent brands , menswear not even touchibg the sides of Asos, Northern centric, qtys no where near that of Asos, so far has bought in tired brands in distress but not really done anything with them, still too reliant on PLT and B/H Womans. Too very different businesses both have a place but Boo Hoo has a way to go and unless they agrigate then will always be a bit one dimensional, that said great potential for a couple of years but some point needs to move forward with alot more width to really compete with the big boys.

in share terms Asos has been incredible since the first L/D drop, B/H has performed incredibly and appallingly and incredibly and appallingly since L/D. In terms of trade alone both have been winners from the current situation and this has only enhanced their positions which were already good pre L/D , issue currently is that both said after results they faced headwinds, this is def weighing on the share px, amongst other things for B/H nuff said. In reality despite the vaccine news both i predict will deliver very upbeat statements after Xmas, they once again have a captive audience for the whole of November inc Black Friday, so for one of the busiest months of the year they cannot fail to monopolise. A move steady North is on the cards on or before NY for both.

Currently any expectation of this share performing well on black Friday or over Christmas is clearly not added in!!! I'm sure we will come out of a national lockdown on time and probably go back to regional l/d's but we have a whole month of trade not not mention Black Friday when the only way you can buy is on line, with a captive audience from now till beginning of December how can this not result in a great performance, trading expectations must be very low for this to have such strong fundamentals and still be the same price is was a year go, go figure!! Its clear that no value has been built in for this and please don't bring out the old chestnuts about auditors and compliance. Black Friday / Xmas will be insane for on line.

Can you do another prediction but higher this time

Well this share trading stuff is not easy but i can tell with all the knowledge i've gleaned over the years is that it will go down, and then go up and then go down and then go up and they go down and possibly up. One word of caution tho is that it may not be in that order so as always DYOR

Ragtrade. Cheeky blighter. That is what it is now!!!

Boom !!! I really don't know how i do it, i just sort of get a feel for this stuff.

Have a great feeling today that this share is going to to hit £2.8520, you heard it here first!

What’s the difference between going Long and actually investing in the stock?

My personal definition is if the price i bought at is less than current price then i'm going long!!!!!!!!

38,390 shares, always had a target of £4.50, got close back in June but no cigar, sticking to my guns until it hits £4.50, then i'm bound to change my mind and stick it till £4.75, i'm def long, or maybe def longer and longer and then some. Must sit down and have a chat with myself for being too greedy. This share is a def maybe, possibly a long term, longer term, longish, longer longer longer term bet, that is unless your a d/t trading short, in which case your very good at not being sick on a roller coaster. I'm def in long till £4.50, maybe.

Fully understand why B/H has been held back by risk but fundamentals are now out weighing any risk, sentiment surely must now turn on this.

David Schröder, Zalando chief financial officer, said: “As the second coronavirus wave is starting more forcefully than anticipated, we are much better prepared than earlier in the year. Our starting point for fashion strategy continues to enable us to turn the accelerated consumer demand shift towards digital offerings into business opportunities for Zalando and its partners. We will continue to invest to drive strong growth beyond 2020 following our key strategic priorities: growing our active customer base, deepening customer relationships and driving our platform transition.”

Bodes well more fuel to fire of this company being undervalued.

he German etailer has said it now expects revenue to grow by between 20%-22% during its 2020 financial year, ending 31 December, compared to previous forecasts of between 15%-20%.

The platform also now expects gross merchandise volume (GMV) to grow by between 25%-27% for the year, compared to its previous prediction of 20%-25%.

Revenue at Zalando grew by 21.6% to €1.8bn (£1.6bn) in the third quarter, ending 30 September 2020, and GMV grew by 29.9% to €2.5bn (£2.2bn) in the same period.

The etailer said growth was driven by consumers shifting spending online as a result of the Covid-19 pandemic.

Anybody?

Hello my name is Boo Hoo, my favourite game is snakes and ladders, i'm a real expert and play most days.

Quote "I guess some are looking for a 50% jump after a week of no negative press"

Mmm then they seriously should not be buying shares, i think most L/T traders on here are like you say are just pleased with a 3% rise and for it to at least to stick. We have had what could be classed as a raft of good news and it's barley registered, yet it dropped like a stone from £3.15 on the pwc news, issue is that when everyone calms down and realises the B/H World isn't imploding it actually doesn't really recover, be interesting when they do announce a new auditor to see how much it does bounce because at mo any good news really doesnt have more than a max 5% impact before it once again drops back a couple of % . L/D 2 regardless of job losses and with people not going out cannot fail to benefit B/H massively, it is going to really condense shoppers down to a few sites whether this massively impacts on sentiment for the share px only time will tell, after all this is Boo Hoo!