Member Info for southcoastbather

Those pesky shorters are at it again.

"Boohoo is a well-known brand, but is going through major challenges that are hard to deal with. The most important issue is that there are signs that it is seeing weaker demand from UK customers.

A good example of this is that the number of visitors to the website has continued slowing in the past few months. SimilarWeb data shows that the number of website traffic crashed by almost 20% in February to 29 million.

Its UK traffic dropped by 17%, while the US traffic plunged by 25%. Traffic in other key countries like France, Netherlands, and Australia. "

"We're all waiting for Credible Plan and Capital Markets Day.

Sorry, but a single utterance of "exciting fashion-led marketplace" won't quite cut it."

Don't forget superior shareholder value for "ALL" shareholders!!

Don't forget debs is worth 400 million!

Old Dan looks like he spends more time in the bakery than his office..... Chin chin!

This is what happens near the end.... Everyone accepts their fate....

Ingenuity went at 90 million and private holders had the chance to go with it.

Why don't the kamanis lend money to the company interest free? Because they know it's a money pit.

Didn't someone post saying Mahmuds rolling round in a brand spanker car?.... We're in this together ha ha...

When will the kamanis do this??? Rather that paying 2 million in fee's alone to get the recent terrible re finance, plus a ridiculous interest rate... About time they put their money where their mouth is.

"The retailer said Moulding also injected a further £54.6m through a non-interest bearing convertible loan."

Meanwhile the circus act over here has been taking how much??? 300 plus million for the family and friends??

"In a LinkedIn post, he shared that he had invested £110 million in THG shares over the past five years, despite waiving his £3m annual salary and expenses since the company’s initial public offering (IPO).

“Joining the LSE 4 ½ years ago hasn’t proved too profitable for me or my family. I will soon have bought £110m of THG shares in less than 5 years."

Interesting that the cfo has stood down as soon as this new idea came to the kamanis

Anyone get the feeling he doesn't believe in the idea and doesn't want his name attached to the company regardless of pay packet??

My guess for this new plt is we will be lucky to scrape 150 million revenue in the first year - probably less.

This current year will likely see group revenue below 1 billion imo.

I just get the feeling they will cut the cord early to save the embarrassment... Bye bye private shareholders!

Funny thing is we were all saying this last year, and the year before.... Looks like they're kitchen sinking it....

Then every year after, things got worse....

Some of us have woken up to it though....

Imagine getting 2 million a year to write stock down 40 million and then close the door on all your customers in one day.... All from dubai.

An absolutely no way is debenhams worth more than the total mcap, Dan looks a total clown for announcing that.

Wait until the full accounts come out - the staff numbers will be off the chart for the revenue per head.

The whole growth thing wt debenhams is just a fantasy

Youth brands lost 250 million of revenue last year over the previous year.

Debenhams made a 10 percent or 20 million quid increase.

Then there's a new 40 million quid write down on plt stock alone.

How on gods earth does debenhams make this up???

A sieve is better at holding water than these "executives" are at making money.

Old matt moulding pumping serious wedge back in over at thg....

What is this circus doing? Stuffing their own pockets from the company.

What is going on here is absolutely ludicrous

We have an "advisor" making major changes to the business (plt) while living in cuckoo land or dubai. Someone that isn't a board member or even a staff member making decisions like this.

Makes me laugh that people think Dan is up to the task of turning this around, they have had 3 years and nothing has improved. Apart from their bank balances.

I hope he has good director insurance liability cover.

"Just to add, in the middle of this, I complained about a separate item I bought due to the quality being awful, a buttoned dress and 4 buttons had fell off (one was already off when it came out of the packet) and they refunded me straight away.. so there clearly isn’t a problem with their refund system it just seems they are withholding everyone’s money unnecessarily."

This was 450p when the market knew we were on target to hit guidance...

Then it was 230p when the market thought something was wrong....

Currently 310p and the market knows guidance has been surpassed and there is nothing wrong....

Should be some significant north movement soon.

Wouldn't it have been a better idea to have a "plt premium" label?

Rather than completely closing down a 400 million revenue business to open a new one??

Everything these kamanis do seems to be rash decisions that waste loads of money and do nothing for shareholders.

They certainly don't risk their own money like they do shareholders money.

"How much fuether off a cliff can it go southcoast."

Peter lynch said he always got asked "how much lower can it go"

The answer is always zero.

I honestly dread to think what this years revenue for plt will be? we will see last years on companies house in oct/nov.

Feels as though they have the excuse ready for this current year if it's terrible numbers, "it was our first attempt" at higher end blah blah.

This board is running out of ideas, excuses and money, end of story.

This will go off a cliff and some point like asos did, but without positive updates to counter the fall.

40 million quid stock write down ✅

Shareholders vote for no change ✅

Strategic review ❌

Credible plan ❌

Capital markets day ❌

Shareholder value ❌

Make changes to corporate structure ❌

Lining Dans pockets ✅

Lining morana's pockets ✅

Lining Umars pockets ✅

Missing guidance ✅

Selling assets at huge losses ✅

4 million quid stock wrute down ✅

Flashy parties ✅

Wasting shareholders money ✅

Increasing losses ✅

Imagine trying to knock asos and praise boohoo results... Oups I mean gmv cough cough...

All asos guidance for the year reiterated in January....

Did anyone attend thr q1 capital markets day for boohoo?