Member Info for RazorsEdge

Hello Snowwoman, I did a search earlier and was/am slightly disappointed that there was more coverage in other papers. With instant access to online media I think what was once traditional, I mean Sunday press reflection seems to be fading out. Anyway we did get strong positive comments across the board on Wednesday. I would have loved to be reading about m&a speculation today though.
Happy Sunday.
Off topic. In all of China there was only 11 new cases of the Coronavirus reported in the last 24hrs and (even better) no deaths. Also there are no COVID-19 patients in Wuhan hospitals. According to a National Health Commission (NHC) spokesperson, all patients that were under hospitalizations have been discharged as of Sunday.

From the twelve steps of AA “This too shall pass.“

Leaving all other’s in the clothing sector in its wake.
Market leader, sell, I don’t think so!

I expect reflections in the Sunday press on Boohoo’s end of year release and projections of what the future may hold going forward. Who knows there may well m be some interesting forecasts and information.

Honest and frank, good man Peoplepower1

This is an excellent stock.

Couple of points

1. Another 11p and Centamin’s share price will have doubled in 5 weeks

and

2. I’ve been following Centamin for at least three years and I’ve never seen the share price this high.

Just saying...

Happy Friday y’al

Yes Retosec, they do what they do.

HSBC CUTS BOOHOO PRICE TARGET TO 370 (375) PENCE - 'BUY'

GOLDMAN SACHS RAISES BOOHOO PRICE TARGET TO 355 (250) PENCE - 'BUY'

RBC RAISES BOOHOO PRICE TARGET TO 260 (200) PENCE - 'SECTOR PERFORM'

Investors Chronicle
Tip Updates April 22 2020

European equities plunged in premarket trade on Friday after it was reported a potential coronavirus treatment has failed in its first randomized clinical trial. The antiviral drug remdesivir developed bi Gilead Sciences failed to improve the conditions of 158 patients carrying the virus in a Chinese trial. Gilead said the trial was terminated early.

Meanwhile, investors await more economic data, including retail sales figures for the UK and a report on Germany's business climate.

The DAX dropped 1.98% at 7:30 am CET, while the FTSE 100 fell 1.48%. At the same time, the euro declined 0.09% against the dollar, buying 1.07687.

Breaking the News / JC

European equities plunged in premarket trade on Friday after it was reported a potential coronavirus treatment has failed in its first randomized clinical trial. The antiviral drug remdesivir developed bi Gilead Sciences failed to improve the conditions of 158 patients carrying the virus in a Chinese trial. Gilead said the trial was terminated early.

Meanwhile, investors await more economic data, including retail sales figures for the UK and a report on Germany's business climate.

The DAX dropped 1.98% at 7:30 am CET, while the FTSE 100 fell 1.48%. At the same time, the euro declined 0.09% against the dollar, buying 1.07687.

Breaking the News / JC

Thank you, your reply is very pleasing.

Bol

Peoplepower1 can you tell me two things.

1 Has Boohoo any debt
And
2 What is their cash balance

Thanks for your previous post and any reply

The brains of the world are onto looking for a solution to the coronavirus. The US are talking about reopening, Spain and Italy’s main source of income is from tourism. My point is the current situation which is forcing restrictions on Boohoo’s marketplace is momentary... in my opinion this will be resolved within a short time period.

I’m surprised there hasn’t been any broker ratings since the numbers came out yesterday.

Only possible caution I have is traditionally when a company makes an acquisition the share price of the acquirer goes down and the acquired goes up.
So if Boo announce on Friday that they’ve bought Oasis and Warehouse (albeit for a song) will Boohoo‘a share price not go down.

The price of gold reached a record high against the euro on Thursday, topping 1,600 per ounce for the first time after it jumped over 1%.

At 5:20 am ET, gold traded 1.33% higher to sell for €1,605.3484 per ounce.

More to come...

Breaking the News / GA

Me too... I chalk it up as one that cost me, but I learnt from the experience. Better armed for the future.

Prices of oil surged on Thursday to recover some losses recorded during previous days as Executive Director of the International Energy Agency (IEA) Fatih Birol claimed that "it may be advisable for OPEC+" to pursue further output cuts to stabilize oil markets.

Meanwhile, White House Economic Adviser Larry Kudlow asserted crude prices will rebound once countries reopen economies across the globe. Therefore, United States Treasury Secretary Steven Mnuchin believes that crude prices will reach a price of $30 per barrel in August.

Brent for settlements in June soared 10.65% at 2:06 am ET, selling for $22.54 per barrel, while West Texas Intermediate (WTI) for the same month's delivery gained 12.34% a minute later to trade for $15.48 per barrel.

Breaking the News / GA

US$575 million in cash

Stocks on European markets traded mixed in premarket on Thursday as investors' concerns over the coronavirus pandemic started to diminish. Spain, Italy, the United Kingdom and France saw their daily increases in COVID-19 fatalities going down compared to the record highs.

On the data front, investors await economic reports from Germany and the euro area that are set to be released later today.

The DAX added 0.25% at 7:47 am CET while the FTSE 100 in London decreased by 0.21% at the same time.

The euro was flat a minute later, changing hands for $1.08274.

Breaking the News / GA

Stocks on European markets ticked higher in premarket on Thursday as investors' concerns over the coronavirus pandemic started to diminish. Spain, Italy, the United Kingdom and France saw their daily increases in COVID-19 fatalities going down compared to the record highs.

On the data front, investors await economic reports from Germany and the euro area that are set to be released before the opening bell.

The DAX added 0.25% at 7:47 am CET while the FTSE 100 in London decreased by 0.21% at the same time.

The euro was flat a minute later, changing hands for $1.08274.

Breaking the News / GA