Member Info for samb69

Would it not make sense for Shein to takeout Boohoo at this moment?

He must have some mates he can get to put in a "bid" again for some temporary relief .

https://www.fool.co.uk/2022/09/07/with-a-spare-500-id-buy-these-two-growth-shares-that-have-cratered-84/

Fool are a bunch of clowns.. Last week there was an article recommending buying Boo..

I am surprised no one asked him on the call about Jupiter selling so much of their holding in THG and if he had any conversations with them.

THG = 0.2 x Sales

NEVER tell the wife!

Any price is possible.. but he bought more as he thinks it's undervalued in the longer term.

If US markets keep dropping we are going to follow irrespective of fundamentals..

"Samb, no stock price doesnt reflect the true value of the business. Thats why its still going down."

You would have said the same of Micro focus last week but then someone decided to pay nearly double the share price to buy them out. It's hard to watch your stocks being killed but there is no point in panic selling if you believe the stock will recover in due course. It may go to 25p it may not but the worst thing you could do I think is to sell now in the hope of buying back at 25p... and it never gets there.

If you have bought on margin and know you won't be able to cover at lower prices then you should be cutting your positions to reflect that. Better to stay in the game and fight another day.

Daytrade

Holders of any stock always think it's worth more otherwise they wouldn't be holding! Stock price does not reflect the true value of the business right?

I've said it before.. The share price decimation is not Boohoo specific. Look at all the other online retailers. I would be worried if it were only Boohoo. Nothing to suggest that Boo are in any sort of financial difficulties. Just got to ride out the storm if you're sitting on losses. The big boys have made money riding this down and they will make even more riding it up!

Did he also ruin Boo, Asos, Ocado, Ao etc
Unfortunately its a cycle we just have to ride out until the online retailers are in favour again.

I'm sitting on losses at the moment like many others. There could be many reasons why share price has tanked and it's not the only online business that has this year( Asos, Ao, THG etc). There are funds that have been selling as they are sitting on big losses and choose to take some money and rebalance their portfolios and there are shorters/algos contributing to downward spiral at the moment.

Who knows when the bottom is reached.. could be today, could be 35p or 25p but the share price is not the company true value. Just look at Micro Focus today. A big has come in at nearly double the share price. As long as Boohoo is not running out of money any time soon , when the big boys decide it's time to play these battered down stocks upwards there will be a swift recovery I predict.

look at share price decline of THG, Asos, AO and many more online focussed businesses.. It's not a Boohoo only issue.

From doing just fine to going bust...

Lot's of company share prices have been decimated from six months ago.. doesn't mean they are going bust...

SCB: you've changed your tune.. This is what you posted 6months ago.. Any of it come true?

Anyone wouod think there was a new viris sweeping the world and the whole market was falling and not just boohoo.... Oh hang on........

In the next 12 months there are going to be a lot of companies gone..... Airlines.... Hospitality..... High Street stores..... Etc etc......

Boohoo as a company is doing just fine.....

Healthy balance sheet.... Growing revenue.... Growing customer base.... Growing market segment..... Growing brands......

I'm well under like most on this board. I'm surprised why there have been no director buys at these prices. Hope they have a good reason up their sleeves...

The Quality group has been growing via acquisitions. CVC could be thinking THG nutrition business would be another fit in that space. Doesn't make sense why Dominic would step down with immediate effect just because Quality group are in similar business. My wife is a non exec of three insurance companies who operate in similar areas. Hoping there is more to Dominic leaving then meets the eye..All speculation on my part..

this finishes above 160p today..

At least JPM have put out a target of 190p today.. it's not all doom and gloom.