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Charts are looking very bullish here, certainly going to be a strong and fast move to 330 plus I reckon.
Meeting today will be positive, no matter what happens the result shall be a positive spin with a clear objective for the future.
Results now just weeks away on the best ever peak seasons sales ever recorded for the group with over 100% growth state side this is set to never see sub 300p again and move fast, VERY fast towards high 300's and challenge the 400's.
Todays meeting, changes by BOO with give clear future guidelines which will mean far less uncertainty around BOO which in turn will bring confidence back massively.
Going to shoot up fast!
bad meeting, bad brexit - 250p
good meeting - 320p
good meeting and good brexit - 330p
January closing onto results 350-400p and over 400p on results and then the usual pull back.
Lets remember guys, TCM was posting this kind of crap last week, guy is absolutely CLUELESS and will do anything to de-ramp as has either missed his entry or is a shorter or paid de-ramper.
Filter the idiot or just ignore!
On the 3rd of December last year which fell on a Tuesday BOO released the following trading update:
Trading Update
"boohoo group plc, a leading online fashion group, is pleased to confirm that since its half year end, trading has remained strong across its key brands with a record performance across the Black Friday weekend. Both warehouses have had a strong operational performance.
Our new brands, Karen Millen, Coast, and MissPap, have been successfully integrated onto our platform. Initial ranges have been very well received, and we continue to broaden our product ranges as we progress our multi-brand strategy.
The group continues to trade comfortably in line with market expectations and will provide further financial information covering the trading period for the four months to 31 December 2019 on 14 January 2020."
Now we know BOO has broken all its records again this Black Friday due to Twitter/Instagram post by themselves some of which are now deleted, to remain within AIM rules.
Needless to say it is very likely a trading update is upon us at any moment stating all records broken this Black Friday and sales for the quarter are mind blowing.
It could arrive any moment now and is the fuel to push us beyond 350 IMHO.
DYOR
Its not dropping though, it is daily movement, the SP is still up and its moving up again now as afternoon profit taking has ended. Tomorrow should see a trading range of 315-325 and Wednesday 320-330 and so on, potentially 350 by end of week especally on TU.
If it mirrors last year, then 7am, so today is last chance to buy pre RNS.
Work for a huge online company and events are vital for us, both displaying our products and visiting our suppliers. The conventions are awesome and what is even more fun is the drinking and meals that happens in evening.
I can tell you during 2020 events have being missed and we are eager to attend events in 2021 so HYVE will boom soon, this industry is gonna to fire back up with massively as businesses crave their events and the evening parties that follow.
Shorts be burning!
32% up haha!
That was a conservative estimate and it’s easy to see they are absolutely killing it since September.
Can see the real figure being 50-60% why we’re gonna see 400p again before next results!
Anything under 300p is a great buy as BOO as it’s stands is a 450-500p share when squeaky clean and higher.
Further acquisitions can only help in pushing the SP 600 plus
THey aint broken every record, they absolutely smashed them.
It is a good job that the majority buying are the young. :)
PLT warehouse has gone crazy, all over the TV how online, very, amazon, PLT are seeing November sales more than double that of last year.
400p will be here sooner than we know it!
WOW
Company I work for is online and its totally mental. Black Friday always is but we have being doing Black Friday levels of business since September and this November the business has nearly doubled from normal levels.
I tell you BOO will blow the markets away, I think come January earning report if the clean up act is good we be 450-500p
I missed MCRO sorry, but too caught up in BTC companies with recent explosion in BTC.
Time to buy more overseas then, did you even watch the presentation TCM because its clear you did not otherwise you'd not be spouting this waffle.
There was a TU last December, a trading update is not an earnings report, both different things.
THose who remember the Sept updates and how BOO played a masterpiece by releasing the Levitt report before their results.
Well todays RNS seems to be that again, they hit us with positive news on cleaning their act which will be followed next week with an awesome trading update showing 60% plus YOY growth during Black Friday.
This is so easy to read its untrue, can see us at 350p next Thursday!
Its a good job that BOO's business does not rely on £5 dresses then.
Anyone who watched the last presentation would know the argument about £5 dresses was totally owned in the presentation when they stated the percentage of sales on dresses under £10 was like less than 2% and most their customers were spending £30 plus.
So do not be fooled by £5 dress argument as contrary to beleif there business is not about £5 dresses.
How is that heading to 260p going then?
TCM is a total joker, guy has lost his marbles and should not be investing as he comes across as clueless, clearly either shorting, de-ramping for an entry or is a bored school kid who aint got no friends.