Member Info for SimonPassmore

Asos a steadier ship t4g

Picked the wrong horse jongle

100%. Struggling big time compared to Asos

T4G is the boohoo hype man. Long term, these prices should be a great buy, but medium term, we may not see a great climb here. Hence my target price of 60p I think might take a year.

Interest rates going up further it looks like. Disappointing info from Germany today.

Possibly west. I could see this stagnate for a while before getting to 60 pence though. Let's see.

60p by end of this year.

Possibly be back above 50p but I doubt it.

T4g, calm down. You are too pro Boohoo. I agree some of the brokers comments are often surprising and RBC could well have an ulterior motive, but ypu won't accept anything negative regarding boo. They have a fairly stretched balance sheet and have a lot of work to do. Freight costs coming down is a big plus, but they could be in a sticky situation for a little while yet.

Looks like it DC. I'm slightly up and initially saw more upside but short to medium term, this looks like heading down now. May sell a few if I can tomorrow.

It is indeed a total hound heading for the 30's.

Good chance to average down then? If he has some spare capital.

Tbf, it's a valid point about directors not buying. I dunno if they are in a closed period or anything, but if not, great chance for them to load up. This seems to be struggling whilst Asos is on the move.

Contacted them. They said that because of the headwinds with the US distribution centre, the sp is going to plummet.
Email was from a Mr D Ogger.

No games t4g, just 30's look likely.

Think we'll see the 30's again?

Southcoast - I too can see headwinds with the US expansion. Don't think it will fold boohoo and I think buying at current levels will be fruitful, but it's not a given. Very stretched balance sheet.

Back down to the dirty 30's?

Opening lower tomorrow?

Maybe not 25p but looks like back to dirty 30's.