Member Info for Select64

Moose. Okay Suppliers list and also look at ASOS interim results . The ASOS results will be 8th April.

Thanks for the heads up Moose . Yes they are releasing the suppliers list.And yes, I am invested in Boohoo.

Yaf4e must have a doubled headed coin. That is why he or she keeps predicting a red day I guess.

Red or Blue? It can go either way at the moment. The SP is going to drift next 2 weeks if there is no news. I think start of April the SP will rise up before results day. If good results are expected ,I think the SP to go 355 +.Lets see.

Media are doing the same thing as what they did to Primark back in 2008. Even in 2018 Primark were having to check their suppliers.
22nd June 2008 Date of Article ABF Share Price 775
7th Feb 2018 Date of Article ABF Share Price 2667
15th Feb 2021 ABF Share Price 2456

https://www.theguardian.com/world/2008/jun/22/india.humanrights

2018
https://www.reuters.com/article/rights-workers-primark/no-hiding-place-for-slaves-as-primark-maps-its-suppliers-idUKL8N1PX5GB

It will be interesting what will happen on 12th April and see what High Street shops will survive.
Thorntons will be closing all their shops and will be operating online.

https://www.bbc.co.uk/news/business-56407155

Nio share price. Possible danger of a selloff of Tech stocks. US bonds are rising again. Wait for a further drop and it might be worth buying. Why pay 45 dollars when you could wait for possible drop and get it for 35 dollars?

Thanks Buffalon . I will take a look. If I do buy them ,it will be £500 as a speculative buy. I am not sure what amount of of money people buy shares.Some say they invest £100k or more. If true, sounds a hell of a lot of money to put in one share. I have £12k invested in Boohoo (which I think is a lot)and that is my biggest investment in one share.

Though the most I will keep this share is 10 years.

PeoplePower I agree what you are saying but the current market conditions are for quick profiteering at the moment, so I am taking advantage of it. I have a few shares that I have looked at for long term investment,maybe not 100 bagger but ones I am confident will give me a profit.
I want to keep a small investment in Boohoo. I think it is one that can give good returns over 5 years or more.

Here Kitty Kitty
I give you one example.. Wetherspoons I like the company and I was interested in buying at £10 or less . It is £13.50 . It is closed, will be opening in April and has debt
Boohoo is £3.16 growing company , no debts but has image problem due to Slavery, an easy target by the press and media. This company is going through a lot of changes, new acquisitions ,needs to sort out ESG . Boohoo is very much work in progress at the moment and once it can sort out then Boo will be a good investment. Interestingly Primark went through the slavery problem back in 2008. Interestingly, ABF (they own Primark) share price has gone up 4 fold since then.On that basis Boohoo will be worth £12 or £13 a share in 2034. Trouble is I might be dead by then lol.

Great post. The stock markets share prices are all over the place at the moment. I am finding a lot of shares are overpriced .Tech, Airlines pubs etc. I am looking at shares which have dropped or under priced now .
I will be honest and say that Boohoo have been the worst share that I have bought, its not because Boohoo is bad ,its because I bought it at too high a price. I will be buy more when the SP is lower and hunt out for bargains... I still think Boohoo is a good long term invest but I am not in love with it. I am in this to make money.Pure and Simple.
Shares bought last week :-
I bought ITM (bought £4.60), Oriole (bought 1penny),Powerhouse energy (bought 5.92p) and Berkley Group (bought £42.88)
Shares to buy :-
Boohoo ( if goes under £3, sell day day before results if in profit,sell and keep profit Boohoo as long term investment)
Smith and Nephew (buy if under £13.50 but hold for long term)
Sage ( buy if under £ 5.50 but hold for long term )
If I lose all my money on my investments then I will be at a street corner selling the Big Issue lol.
Only kidding , if worst gets worst , its money that I can afford to lose.
Also keep a note on inflation , US A bonds have risen over the past few days and could mean investors moving out of shares . Then again that could be a buying opportunity to buy more shares if they drop down because of fear of inflation.
Buffaloben

Posts: 742

Price: 316.30

No Opinion

RE: M & SToday 11:16
Im a northerner. So I treat stock like I do when I am shopping.

I only buy what is giving most value. BOO below £3 I would accept as I could see a 10% gain in a couple of weeks. 20% if I was happy to hold till day before results. a dozen 10% gains adds up I can assure you. More than holding this stubborn mule for the last 9 months.

If something else offers more value then I will buy that.

That may offend long term holders and I respect your strategy. But I am here to make money not fall in love with a company and forever make excuses for the SP as the company has so much going it.

Fact is the SP is all over the place and I intend to keep taking advantage of that and making money in my hand not to re-invest elsewhere or spend as I choose.

Share price drifting at the moment and appears to be going downwards. I am going to buy in if the SP goes below 300.I made the schoolboy error of buying this share at a high price last year and to be honest , in the short term this if for trading. If history repeats itself , a month before pre day results the share price has gone up at least 15 per cent. On the day of the results, the last 2 the SP has dropped , the 4 before before that the SP has risen.
I still think Boohoo is good investment long term ,but at the moment it is share that swing traders and day traders can exploit and make money.
One thing I have learnt is never fall in love with a share and keep your options open. This past week I have bought some shares where the price has dropped ,so its about the entry level you buy a share. I have found when I have bought a share, when it has been dropping ,I have made a profit in the end . GLA.

Share price of Boohoo is drifting. I realise there is no point in looking at this everyday. Some on here have suggested this may drop to 300 or below. If it does go below 300 and it is just based on just negative press and has no substance I will take that as a very good entry point to buy more shares.
We will just have to wait until start of April and looking at past data ( last 6 trading updates) there is a 15 to 25 per cent rise in share price to the day before results. On results day itself the last 2 updates have resulted in a drop in share price , the 6 updates before that have resulted in a rise in share price. This is a guide only and past results are not a guarantee that this will happen again. DYOR. Have a good weekend and do not fall for the scaremongers on here!

US Bonds rising again . This suggests inflation pressures and possible impact on stocks. I would think the Tech stocks or stocks that are heavily financed by debt will be the most exposed.
It is just worth keeping an eye out for this again Im afraid.
https://uk.investing.com/rates-bonds/u.s.-10-year-bond-yield-streaming-chart

Ok this is not for everyone , but might be helpful to people like myself who are still fairly new to shares. I only started a year ago. There has been a lot of new investors and traders during this pandemic. Thankfully I have made a modest profit from it so far.

http://index-of.co.uk/Tutorials/Stock%20investing%20for%20Dummies.pdf

Peoplepower. You mentioned this book the other day and I have been able to find a pdf copy. I will give it a read . It should help when picking shares.
http://csinvesting.org/wp-content/uploads/2017/05/100Baggers.pdf

DYOR . Do not get too influenced by what people say on here. Make your own judgement call , its you who have bought the shares . You have the freewill to buy or sell your shares. You will soon find out who gives balanced viewpoints in here.

Bruce . You should start a sentence with a capital. Please see your comment below. Dear oh dear.
BruceJamieson

Posted in: BOO

Posts: 10,063

Price: 334.00

No Opinion

RE: 100 Baggers by Christopher Mayer10 Mar 2021 07:33
there was a string of underwear shops on stations similar to sox shop I think Knickerbox but several outlets using that name including Asos

Bruce........you little nitpicker :-)