Member Info for RichTheNewbie

Unfortunately, as usual, it's you who's the thick one, and I deliberately chose EBITDA to exclude exceptional items, and reflect the money the company is making. If you had any intelligence you'd have realised this. But you don't. So you didn't.

Yeah they're estimating EBITDA of "only" £117 million to £139 million. Boohoo.

You see you're just talking utter nonsense maxage.
You just have to take a look at the graphs of ASOS and BOO since March 21.
They both plummented in perfect tandem.
You can waffle on all you want but you're wrong.
It was an industry wide global problem and that's a fact.

Knowbodyyouknow - I don't think the costs would be that material to a company this size (I think the answer is "it depends") but you're probably looking at ballpark of a million quid a year.
Discussed in this old govt document on page 68:
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/232087/bis-13-1130-investigation-into-the-motivations-behind-the-listing-decisions-of-uk-companies.pdf

So to summarise the chat as usual:
1) Boohoo does really well for years (outperforming everyone basically).
2) Pandemic hits and hammers retailers and especially online retailers relying on shipping that went through the roof.
3) Most shareholders realise that this has resulted in the share prices being hammered as a result.
4) Some cretins can't accept the above FACTS so spend all day whining and attacking the company/management
5) Because the cretins can't grasp this, they can't see how they can do well in future, when things normalise, and weirdly some can't even see how well they did in the past.

It's the same all day every day in 300 different variations. All dull as hell.

Icarus - 15 days out of nearly 11 years...having been on this site for nearly 11 years (about 4000 days). Or to do the maths for you: 360 hours out of 4000 days. Or 0.09 hours per day. Or 5.4 minutes per day.

Yeah - not that much is it. And 95% of it is replying to trolling idiots like you ;) Hope this helps.

Oh god the tag team of new troll accounts are in overdrive today.

Comparing to Twitter...lol.

And today is just the whole market being hammered: https://www.hl.co.uk/shares/stock-market-summary/ftse-100/heat-map

Even giants that generally move less are down significantly.

Of course the trolls will try and tell you it's down to some BS related to Boohoo.

Yeah. So what actually happened was the price was hitting 120 and looking like breaking out and they added more shorts to try to stop it as expected.
This is all selling pressure that's already happened and will need to be bought back at some point.
It's just been artificially suppressed with over 3million worth of shares sold short as predicted.

-would

I think you'd have to be stark raving mad to short this now. The risk reward would is terrible.
The only people who it makes sense to put on any additional shorts, is those who've already got a large short position from a high price, so a margin of safety, and want to try to kill any rises with shorting at key moments trying to kill momentum (MW basically).

Mr Market is bi-polar.
Whatever Mr Market says one year Mr Market will say the opposite the next year.
Strange you think boohoo items are big ticket though....they're really not :p

I don't know whether it's even just the short sellers (though obviously they can add to the short term pressure). There's so much trading these days that's based on nothing to do with the company, like "technicals" aka meaningless lines on a chart, to giant sectorial shifts, from oil is dead, to oil breaking higher and higher. The market is bonkers these days and it's probably not worth trying to rationalise it and just wait for your day in the sun as the money rotates from one batch of stuff to another. Their current boner being banks and oil.

I think you'll find boohoo is considerably more innovative and is held up as an example of social media branding success. You're comparing them to a dinosaur of a company with some press releases. It's apples and oranges and boohoo is leagues ahead.

They've not released any more news than here. I've just checked their RNS feed. It's not their job to pander to you mentally unstable people. It's their job to run the company and there's nothing to suggest they're not.

Because it's not their job to react every time some muppet on a messageboard throws a wobbly. That would be ridiculous.

You get berated because you're a clueless pillock who just says it's going to go down every day forever and then claims you're a genius any day that it does and disappear any day that it doesn't.

I've taken dumps with more braincells than you.

I think some posters only frame of reference is a wetherspoons. Anyone who behaved like that would simply be shunned by any normal human.

Wonder how many more people are going to show themselves up to be total whiney morons.
"The owners.....blah blah blah"
"The share price in the past year.....blah blah blah".
"They should have done.....blah blah blah".

They can barely string a coherent sentence together yet want us to believe they're business geniuses who would have navigated the pandemic and global logistics crisis with no hit to the share price where every other business has failed to do so.

I'd frankly be impressed if most of them had managed to make it to the rank of manager at McDonalds (but would bet the majority haven't even managed anything equivalent to that - as they'd probably be considerably more calm under pressure :p).

Yeah funnily enough, companies that have been impacted by the global logistics crisis have gone down in the past year, duh.
What do you think happens when those problems ease? (that's a rhetorical question by the way - just to be clear - as I know you're hard of thinking)