Member Info for RichTheNewbie

ASOS is better in one way that's for sure....in that it's messageboard isn't filled up by hundreds of posts every day from moaning idiots, despite their big share price fall, due to the same global logistics issues.

A new late entry for the silly rant competition. Schools out already?

I'm curious as to what's going on with the order book. Someone seems to be heavily iceberging the auctions:
https://i.postimg.cc/DwsctjPZ/Tharisa.png

Over 600k of stock (3 x 200k) just lumped on the ask like that seems somewhat odd...

Another peabrained rant.

The trading today is pretty average (not exceptionally slow) there's been nearly 5m in volume and it's only just after midday (if anything it's above average trading volumes compared to most days in the past year).

Don't worry you're still in the competition wasteofoxygen.

A new illiterate entrant to the "who can spam the most pointless silly whinges in multiple posts" competition.

It will all change fast, dependent on two things, they continue showing good growth in the UK and making money, and the China shipping rates/times.
The former of those can underpin a quite hefty valuation on its own ignoring the entire rest of the world.
The latter is what'll really set things back into overdrive though - and once those shipping rates/times start heading back down - I think only a fool would bet against this starting to rise.

Zzzzz I see its your turn to take over from the other village idiot spamming the same rants over and over.
Back to ignoring your drivel as usual.

Most of it's not "wrong"...just a biased load of waffle (like all your ****e) designed to paint a picture for the gullible that they've got no interest in it succeeding, despite the stakes worth hundreds of millions of pounds.

I'd have done exactly the same as MK. Lock in a percentage of gains to realise some cash, thereby fund a great lifestyle as a result of all his success, and keep a good amount of skin in the game for future returns. I can hardly criticize someone for doing the same thing I'd have done.

Looking like we may have cleared our seller I'd say...could see a move up momentarily.

File under "millions of hindsight traders proclaiming their TA expertise".

It gives you an idea of the valuation disparity and undervaluation here. They say "these stocks are trading at price-to-sales ratios of 21.3, 36.5, and 86.0 times sales, respectively".

What's boohoo's price to sales...well under 1 on whatever revenue they end up with this year!

Pokerchips: I’m well aware of the self-fulfilling nature of TA…you could argue that’s it’s greatest strength ;)

There’s also literally millions of hindsight traders proclaiming their TA expertise. You find a reliable one and we’ll all be copying them and making zillions! Funnily enough there’s not suddenly billionaires everywhere! Well there are…but not because of this ;)

I agree it’s a “tool” but imo it’s importance is vastly overstated by many/most and generally a totally insane waste of time in comparison to doing research on companies and their field. I think it’s because it’s a lot easier to play at “TA” than it is do proper research and/or have good judgement. Would I draw lines on a chart, yes, would I waste meaningful amounts of time trying to find increasingly complex ways of drawing them (and thereby diminishing the self-fulfilling nature of groups acting in the same manner). No.

It's great advice if the trend continues and sh*t advice when it doesn't. That's the problem with "technical" waffle.

Essentially it's normally a lot of fancy words to say simple things like buy a stock that's been rising for a little bit or the opposite (technical analysis is probably most closely related as a profession to horoscope writing and nearly as many people are taken in by it - humans love seeing patterns - pareidolia for those who love a good word).

It's easy to say "if you sell you can always buy back" but that's a statement of the obvious (although technically not true in all cases :p). It's pretty annoying if the share keeps rising after you sell.

So if this person buys back into boohoo they'll probably be paying a 50% premium to what many of us will have paid recently. Personally I'd rather buy at a more sensible valuation, ahead of the rise, personally and back my judgement it will come. Buying later might mean a trend is more established but ultimately a trend is completely meaningless in the face of real-world events and the technical-based trader will have considerably less margin of safety as a result.

LDLD - Mahmud Kamani already owns 12.47% of the stock (or 187 million quids worth very very roughly).

He'd have to spend about 8 million quid just to make that 13%.

Maybe he fancied a Ferrari and a tropical island instead with his spare cash....I would.

This is ignoring Rabia Kamani with a further 4.43% of the stock (another 66 million quids worth of stock).

I mean it'd be nice to see some token buys but really it's irrelevant and their skin in the game is massive.

Gold stocks seemed to start catching a bid in the afternoon today (more than expected in relation to the gold price).
Some more big chunks taken out of whichever seller we're trying to clear here.

Sentiment is a fickle thing.
Right now the market will just go "oh look, covid restrictions might be nearing their peak and the end is in sight, so buy anything not-online based".
Then later they'll start looking at the numbers and go "hang on a minute, these real world businesses we're buying still aren't making any money, or not much money, compared to all those online businesses we're ignoring, which operate leaner business models, and still made money in a logistics crisis".
And god forbid the logistics woes reduce/end...and really send a rocket up the jacksie of online businesses share prices...

It's funny watching the trading dynamics, suddenly paying 4% more for a whole host of FTSE companies, for literally no reason.

Absolutely nothing has changed bar the bi-polar swings of the market from extremely pessimism about covid to extreme optimism.

The only thing that's changed is share prices....temporarily.

I've already told you morons....
It's just old news from last year repeated by a **** website.
It's no different to you spamming some old sh*te now - it doesn't make it new every time it's repeated.