No different than when certain MPs and media wanted Cummings sacked after a few weeks it was forgotten and he is still in his position.
Shadow fall you clearly did not watch Boo presentation did you lol......
If boo cease buying from U.K. and exploited workers their margins will go up.
But as Boo are ethical and trying to do the right thing they vow to get local supply in line and all workers treated correctly because they are a good company that want to help local economy.
Otherwise they would just move all buying to over seas and at same time enjoy increased margins.
Factory and more over seas buying will mean margin holds whilst they still fix the local economy.
Good on Boo
Go boo
Read it all!
Increased my holding!
Boo recognise their failings and vow to resolve them and move forward in a way that ticks all the appropriate boxes.
However let’s be crystal clear Boo did nothing illegal but did get caught out by dealing with suppliers who were operating illegally and something the HMRC and U.K. government should be resolving and not Boohoo but the fact Boohoo are going to ensure workers in their supply chain are paid correctly and have safe working conditions is a massive kudos to Boo management.
Not to mention how fast they are growing the company and the amazing profits they keep making and profits which will only increase with their own factory and more over seas buying if they wish to do so.
Buy buy buy and hold all day long!
Just have to be patient @Pete7 will be over 380 again, hopefully not too long to wait.
361-363 unless we have end of play rally.
Rishi I may have called it junk in haste, but did I sell? NOPE!
I have added more so I am being patient but at same time I just wanted to vent.
I made good money out of BOO so far and here is to making more. :)
Agreed Steve never go anywhere love your post, very informative.
Let us be happy that were testing resistance levels rather than support levels, but nice to be holding above R1 :)
Absolutely, the chances of it filling that gap are diminishing fast and instead it is consolidating and preparing for its next move upwards, it is just doing things slower which is fine as it brings stability.
Feeling more positive and feeling 400+ this month is now far more likely than us seeing 330p levels. Would take new negative news for that and not the same old news re-hashed and one bit of positive news will really get us moving north.
Now 370 could truly be a possibility today but anywhere above 360 close shall be very welcome.
They all lost their nerve and sold last week.
We all held and topped up when opportunities arose. :)
Pandemic and rule changes is literally pushing all consumer towards digital, an area Boohoo absolutely crush the competition at.
Claire whatever is called seems to think failing high street branches can challenge Boohoo in a market they have several years in experience in, I have never laughed so much, Boohoo would just target them back and put them out of business if they wished with ease.
Don't get too excited it will hit 360 and MM's will pull it back to 350.
If we close at these levels or higher I will be happy.
My exit plan is around 410 but if things look too uncertain then 390 will do, but a positive RNS will also do great things for SP here.
THey all range in 350-460 region with most over 400 and majority stating buy.
This will settle and consolidate and hopefully steadily move up giving the SP the stability it needs.
If by end of this week we can stabilise around 370 that would be great because then all we need is one positive RNS along lines of big institutions increasing holdings, ASOS re-selling BOOHOO or an aquisition and that should be enough to see us then stabilise north of 400
True money was raised for this very reason and they are still sitting on it and more, so for sure they have targets for acquisition and they could even be in process of doing one, so news or rumours are bound to surface at somepoint soon which will push SP north.
Wyndrum so smart he can read numbers
We’re above 354p now so ner ner
Very good Wyndrum keep it up. :)
Must be a pretty sad guy to go searching peoples post, you not got better things to do with your time, trust me you cannot wind me up and you cannot stop me from posting here or anywhere else boyo.
Wyndrum thought you were done talking to me or is it your now talking about me.
You obsessed with me, I know I am damn good looking but man your not my type.
Aye :))))))))