Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
The contract is just 18 months.
Bid offer spread is preventing me from trading this so much today quite difficult to jump in and out
As I said before a massive amount of bad news was priced in to SP. The RNS revealed things were no where near as bad as priced in to the SP. The SP is still a complete joke. Too low for the assets and brand the company posesses. It should be well over 2 quid
It seems they will come through the Covid crisis in a better position then many other high street retailers and to me the brand is strong. I saw lots of people going through Stansted the other day wearing Superdry.
The London shops I have visited reported doing quite a bit of business pm.
We need news. It will be bad news for sure but I think so much bad news is priced in here I think the SP will rise because we will know where we are at. If it is just a bit bad news this will rise alot.
It is unfortunate there are the fixed lease costs to deal with but I think that will be an advantage again in the future
Lack of news flow in an uncertain environment is not good for SP. When news does come this should bounce up as I cannot imagine that it is as bad as people say it is.
I have been visiting stores in London and I cannot say they are ridiculously busy but they do report being active with most sales happening in the afternoon and early evening and online is active too given some are returning stuff they bought online.
We will just have to wait and see but I am itching to get my hands on the year end report and read it cover to cover.
This is a game changer
I have been trying to buy but could not get a price online ever since £2. It is too risky for me now. gl though for holders
I topped up at 2.40 today to bring down my average.
The footfall on the highstreet is still low. This is the retail apocalypse and in my view - fully or mostly fully online clothing retailers are the ones very well positioned to profit.
Boohoo will put greater control of suppliers in place as a result of this. It will come out stronger and gain greater trust as a result. All in my view.
The problem was at one factory. Does not seem to be wide spread. People want cheap clothes. Lock down has changed peoples habits to spend online. This will just be a gigantic company in my view.
Shorters are out. The share is massively discounted on what it was a couple of weeks ago. I really think this will be back up over 3.50 by the end of next week and will be up way more over the longer term. Obviously I can't absolutely know for sure but the trend has been upwards for a long long time.
Superdry is burning cash and has alot of overheads on its shops. It's being forced to discount on quite tight margins. Also uncertain if it can pull in sales online also to offset highstreet decline... It might do?? . Boohoo is a growth stock in that it is expected to be a massive powerhouse in the future and I actually think it's more likely to do well when people are short of cash and when people not feeling too secure over the economy. It is about the business model.
Lost thousands of pounds on paper valuation. What a nightmare. Absolute nightmare. I was in at 4 quid and 2.90. sold some but not enough.
I hope the shorters are not right here and this a small so shock that will correct over time.