RE: well I said we would get to 320 soon and there would be consolidation14 Oct 2020 23:46
Claire your also posting like BOO is a U.K. company, THEY ARE INTERNATIONAL!
Boo are expanding massively and growing at alarmingly fast rates, USA 82% up in last RNS and they are just getting started.
Great thing about digital and companies which are good at it and also good at social media and influencers and BOO are best in class in that segment is they can get brand recognition quickly and grow quickly.
Right now BOO could just let their U.K. business hold steady and focus on other regions as the grow potential their can eclipse U.K. sales massively.
Death of high street has being accelerated massively by the pandemic world wide.
Nobody this Christmas wants to go the high street and pay higher prices, have to wear a mask, risk getting ill or death and even after all that still can’t try on a clothing item.
Instead they can save petrol money or cost of public transport, sit in comfort of their home and buy online and be safe whilst at same time getting a better deal and then show off their purchase on social media and with influencers and help grow the BOO brands.
Boo group is established as is ASOS and are geared up and well prepared to have amazing Q4 sales and beat all previous records.
Boo fundamentals are great and growth will keep accelerating now they have foot holds in USA and Middle East, next step is establishing strong sales in Asia and becoming a true worldwide dominant online force.
Once all the toxic stuff as you say passes this will be a 600p plus share but that might be June 2021 or June 2023 but it’s gonna happen and that’s for sure.