Member Info for RobertoLarcos

Time to capitulate?

You are embarrassing yourself..

Oh pls.... enough with the childish line drawing

Seriously though... the exact same comments.. like this one from March 2023

Netzeroready:

They have a BUY rec and target price of £16.50.

Load of upside here - over 8 quid by the weekend.

I'm starting to believe that Netzeroready is a bot... a bullbot

I recall many on this BB touting that in 2024 the SP will go to £10.. £15..

Where are you? You all disappeared

Where are you?

What large following Al4x? It's a small gang of same 5-10 accounts doing all the comments and the bullying

KBYK for instance has over 10,000 comments!

sj74 almost 18,000 !!!

Fair enough. But don't say I haven't warned you!

Most notable / relatable examples (particularly Matches were Frasers lost £52m a few months after their investment)

Matchesfashion, the online clothes retailer known as Matches (acquired by Frasers in December 2023), and its proprietor (M F Bidco Limited) were put into administration in March 2024. Frasers paid £52m to purchase the business, but has reported that Matchesfashion has been badly hit by the Europe-wide decline in sales of luxury goods and has missed performance targets set following the takeover.

FarFetch, the major London-based online luxury fashion retail platform that operates globally, got into financial difficulties towards the end of 2023. It links up-market shoppers to thousands of retailers and suppliers, inlcuding Burberry and Gucci. It was acquired by South Korean online business, Coupang, last year in a deal that wiped out its shareholders and many bondholders.

Ted Baker, the high street fashion retailer, is appointing administrators (March 2024) to rescue the business. There are 45 Ted Baker stores in the UK (and 40+ concessions) and almost 1,000 employees.

Https://www.retailresearch.org/whos-gone-bust-retail.html

I rest my case

I'm just explaining the typical psychology of a novice investor who lost a lot of money

1. Denial - "It will go up", "6 more months", "Turnaround play", "Clear out stock", "Interest rates/inflation down"

Sorry. You are correct.

Debenhams is 42% up, not down! That's pretty impressive

Boohoo is indeed minus 35% though and boohoman is minus 28%

Fair enough. Albeit it doesn't seem to be working for you.

All I'm giving you is some traffic data. It's your choice what you want to do with it.

Professional investors have access to these data that you probably don't have, hence why the SP is trading at a 10-year low.

The respective numbers for:

Debenhams - minus 42%

Boohooman - minus 35%

Pretty shocking

I was looking at Boohoo.com

Based on data from SimilarWeb:

In the months May, June, July 2024 website visits vs. the prior year were as follows:

Boohoo - Down 35%

ASOS - Down 20%

Shein - Down 10%

Next - Down 7%

M&S - Down 4%

Why are you so sure the ship is turning around? What evidence convinced you?

Some of us have the opposite view, and we won’t be bullied into changing our opinion (as many of you are trying to do).

All signs point to a painful restructuring or administration in the medium term.