RE: Good video to watch on Boohoo23 Dec 2021 11:36
There we go. The same contrived essay again. Assuming the worst case with regards to logistics and just trying to focus on cash-flows which is silly when valuing businesses in a pandemic especially with the obvious short term logistics issues.
If you used this logic you'd be valuing a lot of the stock market at zero because of the short term problems - but obviously that doesn't happen because it's mental.
Wetherspoons has taken a beating, made over 100m loss in operating profit, and nearer double that in profit before tax, on declining revenues, that are a third of what boohoo makes. Funnily enough the market still prices them at well over a billion quid. As they look further into the future. On danl90's logic they'd be worth 0p.
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