Member Info for southcoastbather

Tbf to parsnip he is probably right, we know revenue has declined 15 percent in h1 of this year - i can't see that improving into h2.

Losses for h1 were also worse than last year.

They may have raised 90 million quid in recent months to reduce debt, but with losses the way they are and a smaller debt facility it leaves a needing to finance bigger in the very near future anyway.

I've never seen a management team get away with kicking a can for so long.

3 years ago this company had a great opportunity to build on the foundations put in previously, but management here absolutely knackered it!

The have been 3 years of catastrophic mistakes, one after the other.

480 million of cash gone

150 million of net debt

Over 4 billion of value gone

150 plus million loss

What do shareholders do?? PLEASE SIR CAN I HAVE MORE🙏

Carol has had in the region of 15 - 20 million quid in salary since this has listed.

Even taking bonuses for that last 4 years of turmoil.

100k buy is a plss take.

They are a shambles, lost in every aspect of the business.

"Admiral optimism"

Don't correct it....

I like it...

Bf's new nickname...

Interesting they talk about demands from frasers - was it demands when boohoo did the same to revolution beauty?

Or is it really just the process that large shareholders are allowed to do under company rules?

Such a pathetic school ground management team at boohoo.

Now! Where's them figures???

They are definitely hiding them for a reason - if they were good they would use them to back up their reasons for keeping kamani.

I can smell the manure from here!

They haven't moved to anything - they pick and choose what they want to do...

There could have been a december update but instead Dan put 2 weeks salary in...

There could have been a December update but Carol put 2 weeks salary in....

All the while they have told shareholders there would be better communication!!

All the idiots that voted for no change in December will now vote in favour of no change again in January.

The company are literally sat on bad numbers waiting to get the egm out of the way, then they will unload the manure on the market.....

There is no trading update.

Your next communication from the company will be regarding the egm around the 21st of jan.

Carols 100k buy has closed the opportunity of any trading news.

Plt is knackered, Umar left thinking it was all gravy.... Plt will never be a growth brand, nearly 50 percent of its revenue is gone.

My reasoning is that nobody is interested in this company, the figures are terrible, the management is terrible. Nothing else needs to be said.

However you said it was held down for Mike - then up pops a buy from Carol so it must have been held down for Carol? Fca will be interested im sure.

So here's the question

Was this a fake drop for Carol?

A fake drop for Mike?

Or was it just a drop due to the horrific state of the company?

"Hopefully she will now start to contribute to the business again."

😂😂😂😂😂 Absolute classic!! I didn't know she had taken a leave of absence?

She was trying to take a bonus less than a year ago - forgive me for thinking she should have been contributing all along.

And no Im not bitter, just pointing out the situation.

Happy - yes I'm still a holder - sick to death of total and utter self service and failure.

People here don't seem to grasp just how bad things are here right now - if there's no change then we will be wiped out within 2 years.

So after days of bf telling us there was a false drop for Mike to buy shares, we then get this pathetic buy from Carol - so have the mms been holding it down for Carol now yeh? Hopefully this shows how ludicrous that whole idea is.

The problem here is, that buy has signaled there will be no trading update for at least 4 weeks - all for a poxy 100k buy, not even a months earnings (more like 2 weeks salary if you look at their last 4 years pay packets) its a pittance!!

The company are wanting you to elect Mahmud based on the last 3 years of losses and failures, the most up to date h1 results show losses this year are going to be bigger than last years catastrophic 160 million loss.

Why are they hiding the q3 and xmas trading figures?

They have been ringing, writing to investors, making videos of super Dan and pumping everything they can except releasing the real figures - have you worked out why??

They are hiding dog poo numbers!!

Literally feeding everything other brands revenue to debenhams - like a starving man eating his own limbs.

Don't forget to go and buy them big size 20 clown shoes to wear when you press that vote button! The vote for no change.

If the numbers were good they would be screaming about it - you can guarantee that.

No way they list in the uk... Said it before.

Liam Byrne, the chair of the committee, added: “For a company seeking to float on the London Stock Exchange, the committee has been pretty horrified by the lack of evidence.”

Https://www.theindustry.fashion/harrods-qatari-owners-take-180m-dividend-as-it-delivers-record-turnover/

Interesting read.... Especially regarding top dogs pay packet.... Getting paid 2 million fpr overseeing profits of 160 million..... While these lot want 2 million each for 160 million losses...

Incase anyone is wondering what a credible plan is.... Im assuming the below will come in handy if the board of Boohoo are reading this chat still... They still don't seem to understand what it means.

A credible plan is a plan that is likely to work. In the context of climate transition, a credible plan is a business strategy that demonstrates a company's commitment to reducing greenhouse gas emissions and achieving net zero. Credible plans are a vital tool for companies to show investors, customers, and other stakeholders that they are on track to remain profitable in a net-zero economy.

Some characteristics of a credible climate transition plan include:

Near-term actions

The plan includes actions that can be taken within 18–24 months to help achieve longer-term goals.

Detailed plan

The plan outlines how the company will achieve its climate commitments through policies, products, services, and relationships.

Milestones

The plan includes quantitative and qualitative milestones to measure progress.

Evidence of progress

The plan includes early evidence of progress made towards implementing concrete actions.

Anything can happen at any time - nobody knows. I didn't see anyone here predicting a 5 day 70 percent rise 5 days ago...

Long term this could be a hell of a return.

You can literally see people started buying in the hope that Mike and Mike would get on board and make a success of this company, then they bailed out hence the fall

Good results will see rev b making a profit this year while this turd is sinking...

I don't understand how you cant admit what an absolute car crash this company is - you must either be a kamani or part of the demented staff to think things are going well.

I seen it with my own eyes at the agm, they all came swanning in as if nothing was wrong and the sp was still in the 400s... The staff are brainwashed by the Kamanis into thinking things are going well... Then again its only us shareholders that will lose out when this goes bang eh?!

Kamanis run off with the company for peanuts (although they will have to bid against mike) and all the staff keep their jobs meanwhile we lose 100 percent....

That 15 million they pumped in was a token gesture, just so they can say to the administration team "look we tried"....

Bfd what is your estimate for the this year's loss?

50 million? 100? 150? 200?

Do you know the figures that misguided was bought and sold for?

Name me any company that Kamani has successfully managed!! Boohoo is most definitely not a success is it.