Member Info for Shabz83

Because that's what their target demographic cares about and they have to sell the brand image.

You were saying 55p this morning and looking at sp that seems more likely than 90p.

I don't have my head in the sand about shien, I know they exist, the issue with your way of thinking is that you don't think there's space for anything/ anyone else. Boohoo will carry on trading and so will ASOS you'd be crazy to think otherwise. Time will tell but at these prices I think there's plenty of upside to be had.

I don't assume anything, you can see the adjustments being made, the USA warehouse for one. If everything was about price ASOS and boohoo wouldn't have a combined turnover of 5bn last year and I have no idea whose promoting shein but boohoo I know there was the lass from love island. I think you've got it into your head that shien is going to take over the market and kick everyone out. I can't see it happening.

You're telling me about shein like it's a new threat to the market. They've been trading for a while and they've been cheap for a while. It's like the supermarkets everyone's got their place and they just need to adjust, otherwise everyone will just be down their local Aldi and Lidl because they are meant to be cheaper. Boohoo is out creating demand and trends by working with young influencers/ celebrities, what's shein doing to generate demand for its products other than selling them at dirt cheap prices?

Shein is already in the market so what else do I need to consider? They've probably taken the market share they were going to take already. Similar to Primark everyone has their place, just on Boohoo to demonstrate how they will capture more market share or maximise what they have already.

Is that 58% margin based off current shipping methods? Can only imagine the savings from freight alone.

So USA warehouse opening for operation in the summer. Explains why they expect H2 to be growth compared the H1.

You making your own narrative up? They said freight and material costs have decreased.

Someone should do one of these everyday. Cheers Manc_39 much appreciated

Dejected from the hope of a big offer and a big payout but I think the progress they are trying to make to become fcf will turn the value eventually, just depends how long eventually is.

They've not released that information

Was around 65p pre bid news, the takeover news probably saved it getting a spanking from negative trading update though. I guess we've seen a gradual decline over a few days which has cushioned this from getting battered today.

Since the update I can't view messages on the board in thread view. On Chrome mobile seems they broke something for me anyway.

This share is just shafted by the manipulators really.

It wouldn't be bad if you sold out and managed to get back in cheaper though?

I wish I hadn't topped up yesterday and waited another day lol.

Some shenanigans going on no idea but will hold until this gets market value or sold. In for the long haul

I tried to buy, set a price of £1.10 and it flew passed it as I placed the order and I missed out.

Probably fly more once us markets open