ASK YOURSELF THIS !19 Nov 2020 17:19
Does anyone truly believe that come the run up for Q4 earnings this won't be over 380p or even 400p?
Seriously I mean seriously ask yourself? Do you honestly believe this can be anything but nearly 100p plus a few pence either way up before those earning results are due?
What do we know:
- Same old news on repeat, nothing new only what media try to twist it into, having less and less impact.
- Oxford vaccine coming, will no doubt cause a little dip and buy the dips.
- Factory news coming January
- UAE Update coming any time, no doubt incorporated into trading update due in a couple weeks.
- Trading update, around December 2nd
- Their strongest Q4 sales BEAT ever beating expectations massively, particular in November due to lock down, the worlds most busiest shopping month.
- BOO improving its image, making steps to deal and solve the issues and continuing to do so
- News of another potential warehouse
- New on their programme to have 3.5BN revenue capacity
- Potentially hitting 2.0BN revenue this year due to off the charts Q4 sales.
- Auditor appointed news!
Ask yourself this if BOO post a trading update stating ahead of expectation, we are 325-350p!
If BOO then post auditor in place, 350-360p
January, earnings update due, well known ONLINE has boomed, potential of 2.0BN in revenues for the year, the hype and hysteria will push this towards 400p and it will get very close or it will pass it.
January 14th, BOO post their earnings, 2.0BN passed, incredible profits, lots of positive updates and a lot of cleaning of their act. BOO enter into 2021 at over 400P, do they hold that 400p plus or does it re-trace, I feel if they do a stellar job and cleaning their name over next eight weeks, come January this will be 425p plus.
Seriously think it over, sales are booming, they are cleaning their name, does anyone truly not believe this cannot hit 400p by January, which is just around 5 weeks away.
Not many shares off you the ability to a pound a share in a short period, this is oversold massively, undervalued and prime for buying as the earnings report will be staggering and many steps have been and shall be taken on cleaning up their act.
January - 400p incoming, maybe sooner!
I simply see not much chance of low 300's or high 290's once were into December, I forsee December as a 350 plus month and January as the month to push 400 and to try and stay above it.
Anything under 300 is a share sale, buy it and hold!