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See if it can be back to 5500 plus by end of week :)

Looks like another chance to buy at 220p, but do we or wait for 150p?
DYOR!

Potential usual afternoon sell off coming, so likely to close around 227-235 levels.

Right now I still feel there is a high chance of us seeing an SP starting with 1 rather than one with 3.

No Director buy ins, potential official investigation, potential 100M lawsuit US side, tax fraud allegations in supply chain, slavery in supply chain, teenagers having less money, potential higher return cost, still nothing happening with the factory, institutions reducing holdings RNS, no auditor still found.....

The negatives keep on piling up. Of course a positive twist can come at any moment, but more negativity can come also.

HOLD if slight loss.
BUY at 220 or under
SELL if your not sleeping at night and need more stability invest elsewhere.

If the BOD buy more shares now then this is all orchestrated and their plan all along.

When it was under heavy pressure a week ago at 320-350p did they buy no.
Now it could be in a 210-230p region if they buy my gut feeling would be this is all orchestrated so they can bag more cheap shares, which would then potentially lead to another investigation and so on and so on.

Still think this could fall further, potentially a lot further.

Next think will be an RNS from Jupiter reducing holdings, that would send it into freefall again.

But at same time it has fallen massively now, it hit 380p before last set of results and we have hit 220p today, the market has no confidence left in BOO and it will take something dramatic from BOO to restore said confidence but in the short term can they really do anything, I see it as a much longer play and between now and then the SP could continue falling.

Deadcat bounce, said it could hit 220p and it did first thing, likely to be back down to 220p this afternoon and then that support shall be tested if it falls under 220p, next stop could be as low as 150p

I am not adding more, it is in free fall, 220p is the next stop and if it can't hold above it then the next drop is potentially big, VERY BIG!

DYOR!
Be careful!

This drop is massive, the market has reacted so badly to BOO and the trend is negative, wait for stability or an RNS from BOO helping to clear their name or for them to fight back.

Be careful guys, lots of money to be lost or made here. RESEARCH HARD !
DYOR

Shorters, de-rampers and just those looking for general entertainment want investors to think BOOHOO is the next wirecard and have commited fraud on huge scales.

BOOHOO is a family business built from the ground up with the parents investing for their childrens future.

Wirecard was a bunch of opportunist hiding money to steal and do a quicker runner, polar opposite to BOOHOO.

As much as the SP dropping I enjoy as it means I get dirty cheap shares which in weeks/months will be worth double at the same time do not let the shorters and scare mongers make you believe BOOHOO is the next Wirecard, because I truly believe it is not and is clean.

Of course do your own research but the K's do not need to run off with money they are self made millionares (billionares) through hard work and dedication from building an empire they wish to keep growing.

Wirecard was a scam from day one, BOO started from hard graft and dedication with the intent to be successful and huge, they are there now and it seems some people hate them for being a successful company employing thousands of peoples, paying millions in taxes and setting up trust to help workers and supporting several charities.

Do not be scared but at same time, research, RESEARCH AND DO MORE RESEARCH!

Look at RNS dated 3rd of January 2020.
If the K's were rotten to the core and carrying out illegal practices they would not be buying shares for their children to benefit when they become adults.

The K's as far as they are concerned are here to stay because they obviously believe they have done no wrong doing, they also have 10M plus shares invested themselves too.

They will make more money by being squeaky clean and SP's hitting 600 plus and maybe £60 plus in several years, rather than trying to scam VAT, they are hard workers who want to be sucessful and pass that success to their children, hardly the actions of criminals.

I feel BOO is clean but they have dealt with bad suppliers which has tarnished their name in short term, they will recover.

Pretty serious allegation to make!
Judging by post from the weekend, FCA will be putting you in jail as a deluded few here think that is a reality, LOL, be glad they are wrong otherwise your post would land you in jail......

31. There is no evidence that Boohoo has committed any criminal offenses.

There in black and white!

HMRC can go after and investigate whoever they wish but if no wrong doing, then no punishment.
QC Levitt already investigated BOOHOO and no direct wrong doing was found and thus giving BOO the all clear, the full report is available online for all to see.

Very true the Levitt QC investigation was incredibly thorough and the findings posted in full and un-edited, seriously if BOO had any bad practices the LEVITT INVESTIGATION would of found it and reported on it.

Fear, negative press is causing alarm and people are exiting.

Someone posted last week about PI's not impacting the SP, that is total BS the PI's hugely impact the price day to day based on trading volumes and buy VS sell.

The SP has moved from 380p down to 270p and none of the big institutions have sold out, so this SP movement is impacted soley by the PI's who are got scared and run, fair enough. I too sold out but got in a little at 314p last week (bad move) but have got plenty more today at under 270p and now averaging 282p and I feel happy at these levels because I know the SP will be 300+ again, maybe today, maybe next week, maybe next month or maybe next year but it will happen.

Growth rate, revenues rates and profits this SP is now seriously undervaluing the company and so much un-proven negativity is now priced into the SP.

So when positivity happens, man this SP is gonna rocket up but DYOR and good luck!

Auditors are supposed to be changed every five years and I would be gobsmacked if anyone within BOO a company turning over billions was stupid enough to try and commit fraud, it is stupidity and they are making millions of profits why risk that and why risk your growth opportunities.

They seem far too focused on growth and becoming a huge national player, they do not seem focused on trying to commit fraud otherwise they would be more low key.

Auditor change is positive as PWC have given them the all clear for past few years so I am sure all is squeaky clean within BOO but PWC failed to spot issues in the supply chain and a new auditor will no doubt be aware of the issues BOO have and are facing and will work to keep them squeaky clean.

It also has no top either.

It could go bust it could multi bag, try to be more balanced.

Yes more negative news can come, it no doubt will come, but plenty of positive news can come also.

Share SP can move both ways.

220 is absolute bottom I feel and fact is true value is 360-420 but fear and negative press driving it down but it can only be pushed so far on allegations and hear say to the point it will bounce back and it will be one almighty bounce.

New auditors in, positive move in my book they will keep BOO squeaky clean and keep an all seeing eye on their supply chain.

Next 30 days my view is, worse case 220p, best case 360p. Next three months 280p worse case and 400p best case.

Once all this carp blows over and BOO are squeaky clean they will hit their bonus target SP.

Just a thought, but all the issues with slavery, tax fraud and though it was never down to BOO/PWC to spot this as they never committed this knowingly but at the same time as an auditor PWC should of being looking closer at the supply chain to such a large company.

The fact is under PWC watch all these issues happened.

As such a change of Auditor is surely positive and will result in fresh blood auditing and being far stricter and thus protecting BOO from any potential future issues.

Seems a positive, the market has reacted and given many of us including myself of buying mega cheap shares for a company that is growing fast and turning strong profits.

Next stop is either 220p or 300p plus but with a 270-280 buy in right now, seems a bargain to me, it was 350p a week ago and it has being dropping since results and as with all things shares do not just go up, but they also do not just go down either, so at somepoint soon were due a sharp rise.

However I have my average down to 282p, buy grabbing plenty this AM at 268p, but I am not all in just in case 220p happens but right now I feel that 220p is absolute lowest it *COULD* go but I feel it is more likely to go up now and will be 300 plus again this week.....

DYOR
GLA

I did say 270 was likely to happen and it did, also got in. :)