Member Info for SmallerPI

Taking the averaging down point to hand... how come i cant buy a single share via halifax?!

says something

WASNT*

i placed an order too, i didnt wait much longer. (i was the £50k'er)

i would have thought they might be able to finance it? its not a huge placing, just seems a weirdly small amount of money to place?

I am on the sideline trying to read when to buy, but the movements early this morning seemed to drop on very little volume and recently there was a sale of 24k - which is a heavy sell to go through. I still cant seem to understand why a placing of this size would be needed?

Low volume, negative news, weak hands...

I also remember the days when I day traded this and made a nice little packet when it went up like 100% within a day, i got out and gave it a wide birth since then. Seems like this has gone nowhere in all those years. Do feel for anyone who stayed in.

For Immediate Release 26 September 2018



The information contained within this announcement is deemed by the company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.



boohoo group plc - interim results for the six months to 31 August 2018



"Leading the fashion eCommerce market"





6 months to 31 August 2018

6 months to 31 August 2017

Change



£ million

£ million



Revenue

395.3

262.9

+50%

Gross profit

218.6

140.2

+56%

Gross margin

55.3%

53.3%

+200bps

Adjusted EBITDA(1)

39.6

27.8

+43%

% of revenue

10.0%

10.6%

-60bps

Adjusted EBIT(2)

35.3

24.8

+42%

% of revenue

8.9%

9.4%

-50bps

Adjusted profit before tax(3)

35.8

25.1

+43%

Profit before tax

24.7

20.3

+22%

Adjusted diluted earnings per share(4)

1.99p

1.52p

+31%

Diluted earnings per share

1.39p

1.22p

+14%

Net cash(5) at period end

155.6

119.2

+£36.4 m







Highlights



Group

· Revenue £395.3 million, up 50% (49% CER(6))

· Strong revenue growth across all geographies (UK: +43%; international: +62%). International now 41% of group revenue

· Strong balance sheet with net cash of £155.6 million (2018: £119.2 million) with robust operating cash flow of £55.7 million (2018: £33.0 million) and free cash flow of £24.5m (+93%)

· Distribution capabilities enhanced: PrettyLittleThing warehouse relocation completed; and automation of Burnley site to drive future efficiency is on schedule

boohoo

· Revenue £209.0 million, up 15% with market share gains in all focus markets

· Gross margin 53.4%, up 110bps; retail gross margin 56.0%, up 160bps

· 6.7 million active customers(7), up 15% on prior year

· Market share and brand awareness increasing, supported by proposition investments

· Next phase of fit-out and automation of distribution centre in Burnley on schedule for utilisation in 2019





PrettyLittleThing

· Revenue £168.6 million, up 132%

· Gross margin 57.3%, up 250bps; retail gross margin 59.0%, up 200bps

· 4.0 million active customers, up 99%

· Outstanding growth of market share and revenue in all markets

· Successful relocation of distribution centre to Sheffield with significant capacity that can service the brand's growth



Nasty Gal

· Revenue £17.7 million, up 111%

· Gross margin 59.0%, down 480bps driven by refinements to the customer proposition

· 0.6 million active customers, up 313%

· Strong revenue growth in the USA and international markets



Guidance

Group revenue growth for the ye

nice little market rally! allowed me to break even and pull out, im going to wait for another drop and reenter!

Yep just found them - I know you aren’t meant to look into the after hours trades...but still, that’s some
Crazy volumes whenever they came through

Erm...No...Date and time?

I'm always willing to understand anyone's point of view, but mate, come on - the 3 red flags you have raised arent worth the bandwidth you use to post them. Retail isn't liked? By whom? If you are looking for a clothing retail with no exposure to the hyper-volatile high street, with a price point that caters to all three points. Online tax to increase? There isn't one as it stands...the government is referencing the Amazons of the world who are avoiding taxation. People arent spending as much?! I was on a train the other day with loads of youfs on the way to a festival, they all had iPhone 10's. I don't think the points you have raised would cause a drop in price if a drop in price comes it will due to market trades or poor performance. BOO's YOY is very healthy, just depends if the volume picks up.

Dont quite follow your logic...You dont make massive investments in infrastructure unless you can see a ramping up. Yes 145p-155p would be great, but i dont think that will happen. They would have to come out and say they have just invested millions and there has been a drop in sales. That doesnt look realistic. There has been a lot of activity within the US (new office openings) & huge growth within PLT and Nasty Girl. What are the red flags you are referring to?

Its certainly a matter of time till this heads back up to £2+ BOO group are clearly growing at an incredible rate. PLT has just opened a HUGE warehouse and Nasty Girl has started pumping money into its marketing. They will have a low/mid and high price point. I topped up on the last dip, fully expect the next RNS to be positive ones.

been tracking Hastings for a while now, they are a pretty strong and stable company with great growth prospects. What is everyone's thoughts over the next 3 months? Certainly a buy from me!

From what i can see - there seems to be quite a few buys vs sells. Should hopefully break the 310 mark today.

I've jumped in for the hopeful growth to next weeks Thursday update. A couple of mates who are in the business have mentioned that the Brexit movement has lead to high than normal valuations. If people start cashing in on the hyper inflated house prices i would hope that PURP are in a solid position to also benefit.

There is quite a bit of manipulation going on - i put a test sell through quoted: 152.35p - currently showing 152.50

I think there will be a lot of people who will be waking up annoyed that their stop losses have been triggered for no good reason - the buys seem to be coming back in. It is great news - DJI are even closer to unlocking one of the largest consumer markets in the world.