Member Info for RichTheNewbie

calamari - says who? Just because a few twonks on a messageboard say something it doesn't make it true! You feel free to think (or claim) its not a growth company if you like but that's rather irrelevant.

And their core market, of the UK, sales are up 32%....that's the kind of growth most companies would dream of.

Maxage - what on earth are you on about. Boo has some logistics issues - like much of the planet - therefore it's not a "growth company"? This is nonsensical hysteria.

Maxage says read the Zeus Capital analysis it's extremely bad.
Here's the Zeus Capital conclusion:
"Based on our revised forecasts, our DCF valuation implies an enterprise valuation of £3,489m
equating to an equity value of £3,576m including forecast net cash of £88m. This translates to
283.5p per share, representing 106% upside to current share price. We believe our assumptions
are conservative with scope for the Group to outperform in terms of both assumed revenue
growth, given its position as a sector consolidator with significant international opportunity, and
in profitability as scale benefits are realised and acquired businesses mature."

If 283.5p per share is extremely bad...I'll take extremely bad all day long ;)

Yeah - having read around this - I think the initial article makes things sound worse than they actually are and, as Hounddog10 says, aren't really that much different to Shanta's existing arrangements.
I don't agree they need any deal relating to VAT though, and imo that's more just a case of they were never likely to repay it all in one go, for affordability reasons, and will simply drip feed it over time assuming things continue to go well.

I don’t hold much stock in charts anyway. They’re only a weak indication/guide.

Can pick whatever resolution you like. If looking at the very short term yeah. The shorter the horizon the quicker the heads up.

Looks like it's trying to find its path. Currently most likely channel (although anything can change in an instant):
https://i.postimg.cc/jsGQQWkN/BOO2.png

As I said, it went the right way ;)

Err that was a bit low quality - should have been https://i.postimg.cc/5bT8BWCF/BOO.png

Went the right way to break out of the triangle...
https://i.postimg.cc/wTpgzBrm/image.png

To be honest I think consumer law needs changing, with regards to returns of non-damaged products online, as the logistics and environmental overhead is entirely ridiculous, basically because of cheapskates who can't play this silly game with real-world retailers.

So you're not prepared to put any money on it going down...yet continually keep waffling about the only way being down.....why not put your money where your mouth is.
I suspect, however, you know you're talking nonsense, and have no conviction in what you say clearly, which is why you've flip-flop with the wind.

nuri123a - maybe you should put all your (probably imaginary) wealth on this and go short......and let's see how you're doing in a years time. You should probably put the Samaritans on speed dial now though...

leebrown - Very understated start to your post ;)...of which I agree with all of.

Is there a competition to see who can post the most amount of stupid comments today?
The BoD can't control the SP, they can't control the costs in the market due to the pandemic, they can't magically make the SP much better or worse due to timing the update.
There's been pressures placed on businesses that distribute stuff due to the pandemic - it really is that simple. It's not just BOO's share price that has suffered heavily and this isn't some company specific issue - just look at ASOS over the past year.
Whining about the BoD etc is just silly.

I'm no fan of the crypto loonies but I note that Umar Kamani has just retweeted this:
https://twitter.com/UmarKamani/status/1471406304468119555

Either you didn't have a £400k position in this, or you're completely freaking insane, judging by your posting on this board.....which is borderline bi-polar on the stock and have gone from saying load up to the exact opposite in a matter of days/weeks.

Exactly Soder - the only question was going to be how much these real world logistics issues were having. The answer is a meaningful amount - but not enough to still not make them a good money making business, that's growing strongly in the core UK market, with some work to do elsewhere in the more lockdowny/anti-vax nations.
That horrible word Transitory that the Fed loves, and BOO used in their RNS, is actually apt in this instance. As the global logistics issues will reduce in the end.

You can go directly to https://www.fca.org.uk/publication/data/short-positions-daily-update.xlsx

Or it's a lot easier just to look at:
https://shorttracker.co.uk/company/JE00BG6L7297/