Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Just finished listening. It has put the spring back into my step. Now off to a meeting.
Battling a bit with the audio quality, but reviewing now.
At last some sanity. The perfect antidote to the recent lies and miss-information spread by the greedy, manipulative shorters.
Stock Sense I think todays rise already shows the truth will come out as you say. There is too much good about this tech company to justify last weeks sell off. Thanks for being a voice of reason last week
Ok I'm a shareholder. But my Debs spending this Xmas is in excess of £700 and rising. It is a great platform for presents for a broad age range. Good prices and fast delivery. This will be form a solid part of the next trading updates report on growth I'm sure. Speaking of which on Boohoo's IR page financial calendar about a month ago this was listed as being early Feb (later than usual) it now seems that that date has been removed. Thoughts anyone?
Anyone looked at the Debs website recently? When I looked a couple of months back I was underwhelmed with the stock range. All change now. Amazing inventory and many new brands. This will be an Xmas smash. Looking forward to the Jan update.
I wish the bulk of my buys 330-345
I bought in at 212, 203, 198, 196, 192 and 188. However my average is still way, way north.
Oracle. I think the difference with the offering TradeWizard is talking about is that it is a pre-IPO. Therefore you get in at a discounted price of the pending IPO SpectrumX launch price. Therefore retail investors can enjoy the sort of discount the big players usually get. Selling Boohoo at this time to fund the purchase I would strongly advise against at this juncture. Boohoo's rebound, now underway, is one not to miss.
Ladies and gentlemen start your engines....
It is clear Boo is under attack by a fairly 'sophisticated' attack.
The methodology is simple.
1. Pick a popular high volume share this is driven by sentiment and growth potential. A vulnerable share or target.
2. Buy blocks of stock, immediately dump 80% hold the rest in reserve to sell in blocks to kills off any chance of an uptick.
3. Research, amplify and spread negative stories to the willing media from various angles (remember flea-gate)
4. Recruit at arms length paid de-rampers (plenty on here) to spread doom and gloom -- it works! (why else would anyone uninvested spend so much of their valuable time to spread this negativity other than some kind of weird fetish?)
5. Walk the share down.
6. Close their short.
7. Rinse and repeat.
8. There are millions of pounds to make so its worth their while.
Got a feeling sentiment may at last be changing and we have reached the low water mark. I have added in several lumps between 212 and 188. My far larger original holdings were purchased, dare I say, in the mid 350's. Hoping to claw back some of the losses on my opportunistic recent activity. The only potential blight is the outcome of the US class action, as bad news seems to have an out of proportion impact compared with good. Fingers crossed on this and combined with strong seasonal trading we should be in a good place.
I wonder if anyone has given thought to the increased shipping costs flagged in the recent results. This must surely be in large part down to the doubling in the cost of international container shipping that has occurred in 2021. As Boohoo makes a far higher percentage of product in the UK than most, some good may come out of this, after all the negativity surrounding home grown production. ASOS and even Shein and Co will be hit harder in this respect. In addition everyone will have to raise prices to accommodate and consumers are braced for it.
I've been monitoring this share for a few weeks. Going to take stock of the LSE presentation on the 19th before diving in. Generally these presentations are for the larger scale investor and often contain some useful backstory.
I'm in a similar but slightly worse position Wadz. Bought in Friday to ave down, would like to do more but cant tie up much more as will be a medium term move like you say. The experience has been uncomfortable.
For the remainder of my investment I can only dream of an average buy price of 283. Well, well north of that. The experience has been painful, and just means I'm locked in for a year or so. Long term I have no doubts.
I've done £10K trying to regain some of my very substantial losses.
With the results coming up on the 30th. We should remember the new 'onboarded' brands were given a very low bar target in terms of contribution to growth. Hopefully this will be easily be bettered. As an ambient point, I have bought a selection of aftershaves from the Debs site a couple of times over the summer. Basket £value of these purchases are typically higher, and more profitable.
It is the minimum I think due to the time the paperwork takes to sign up this sort of investor. Only done IPO's myself not pre-IPOs.
You've clearly seen the recent LSE interview here with their CEO? There's also a free seminar on LSE tonight I've signed up to. All I can say about pre-ipo's is there will be a minimum (£10K++) investment level, so do your research well.
Back to Boohoo. My advice would be stay with it see what the results on the 30th say before crystalizing any loses.
I've bought in as part on my plan to broaden my portfolio into pharma, and away from fast fashion where I have caught a cold over the last 6-months. I'm testing the water with 4D and also with Poolbeg. My last purchase in the sector will be the SpectrumX pre-ipo. These companies all have a massive upside potential but it will be at least a 18-month to 24-month wait for real returns to show. I will actively trade elsewhere.