Member Info for southcoastbather

Frasers have no influence or are able to "make" either boohoo or asos use the frasers payment system.

Frasers have a shareholding in both companies but have no board influence.

Added another 5 k here today....

2024 is the year the online recovery starts...

I think we are going to see other high street retailers reporting a decline in revenue like frasers have today, on the flip side pure online players like thg, revb, boohoo, asos will all return to growth.

Anyone here no much about Harl? Looks like a super investment 😂

I don't think anyone repeats themselves as much as the 3 ronnies..... Like a crack head with a stammer.

Clossus - Boohoo have never once in their history updated the market on growth outside of normal updates.

Check out the information below.... Online clothing seems to be bucking the usual expected trend.... I wonder what we will see later in the year.... The acceleration back to online post pandemic seems to be be full steem ahead...

https://www.designer-websites.co.uk/blog/post/best-and-worst-months-for-ecommerce

"June, July & August

These summer months generate the least amount of ecommerce sales, dipping as much as 30% in comparison to the winter months.

Summer is a great time for shoppers to get out of their homes. Due to this, foot traffic increases rapidly which is why you may see a dip in online sales and website traffic."

--------——--------

https://www.bdo.co.uk/en-gb/news/2024/june-sees-retail-sales-return-to-growth-but-high-street-sales-lag-behind

June sees retail sales return to growth, but high street sales lag behind

High street sales in the fashion sector declined again in June, recording a tenth successive month of negative sales figures, down -6.7% compared to the same month last year. This is in stark contrast to online sales, which increased by +9.9%, emphasising further the poor performance of the sector’s high street stores.

Check out the information below.... Online clothing seems to be bucking the usual expected trend.... I wonder what we will see later in the year.... The acceleration back to online post pandemic seems to be be full steem ahead...

https://www.designer-websites.co.uk/blog/post/best-and-worst-months-for-ecommerce

"June, July & August

These summer months generate the least amount of ecommerce sales, dipping as much as 30% in comparison to the winter months.

Summer is a great time for shoppers to get out of their homes. Due to this, foot traffic increases rapidly which is why you may see a dip in online sales and website traffic."

--------——--------

https://www.bdo.co.uk/en-gb/news/2024/june-sees-retail-sales-return-to-growth-but-high-street-sales-lag-behind

June sees retail sales return to growth, but high street sales lag behind

High street sales in the fashion sector declined again in June, recording a tenth successive month of negative sales figures, down -6.7% compared to the same month last year. This is in stark contrast to online sales, which increased by +9.9%, emphasising further the poor performance of the sector’s high street stores.

I suspect frasers will show a softening of store based revenue in current trading.

Https://www.bdo.co.uk/en-gb/news/2024/june-sees-retail-sales-return-to-growth-but-high-street-sales-lag-behind

"Fashion retailers will be particularly concerned that they have now recorded negative sales on the high street for 10 months in a row"

Cpi isn't going past 30p this week, the company is knackered and back to where it was 20 years ago.

Online companies like thg are the future - if you don't realise online is the way forward then you're stuck in the 1980s.... June saw the highstreet decline for the 9th straight month.

"· Profit before tax of £11.4m (FY23: loss of £33.9m)."

The most important number from the full year results.... That's one hell of a turn around.

With online clothing sales increasing by 10 percent in both May and June of this year I would expect to see an increase in online makeup market also.... I suspect revolution beauty will do better than they have given guidance for.

I remember peoplepower suggesting that boohoo would be a 10 baggers when it was 330p.... Then further stating that it would reach an mcap of 400 billion.....

It seems to me that the online clothing sector has bottomed in it's post covid slump and is now back to growth, when you consider the online fashion sector grew by nearly 10 percent in both May and June this year it looks obvious. (compared with a big retraction in the highstreet)

Https://www.bdo.co.uk/en-gb/news/2024/june-sees-retail-sales-return-to-growth-but-high-street-sales-lag-behind

"High street sales in the fashion sector declined again in June, recording a tenth successive month of negative sales figures, down -6.7% compared to the same month last year. This is in stark contrast to online sales, which increased by +9.9%, emphasising further the poor performance of the sector’s high street stores."

Sounds like the high-street is in permanent decline...

“Fashion retailers will be particularly concerned that they have now recorded negative sales on the high street for 10 months in a row. The new government has pledged to breathe new life into Britain’s high streets, with a five-point plan for bringing consumers back into town and city centres. For the UK’s struggling retail sector, this rejuvenation plan cannot come quickly enough.”

I think we are going to see a strong recovery from here for the online only players.....Boohoo....Asos.... Revb....Thg.... etc etc......

"The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via the Investor Meet Company dashboard up until 15 July 2024, 09:00 BST, or at any time during the live presentation."

It's a good chance for investors to engage with the board - Niel is very good at presenting and explaining things as well

If required, the smaller part of the rcf will easily be replaced with a new one... I would anticipate a new rcf being announced (with better terms) to cover the value of both "older" facilities... What with improving Interest rates coming and all that.

"What will be will be. For sure, they won't get a penny more from me"

I'm not quite sure how the board of directors get a penny from you even if you did own shares.

Ld - see below, this is what I was replying to, I would say frasers time frame doesn't start until they stop buying.... Hence why looking back 5 years doesn't make no odds...

People who bought 5 years ago do have an option to double down, and if they don't I believe they will regret it.

"iParsnip

Posts: 1,992

Price: 35.30

No Opinion

Sh*t ShowToday 08:26

When is this thing going to move? Why would MA put his money into something and get nothing back? How long will he wait before cutting his losses (or making no profit) before dumping his shares?"

" southcoastbather

Posts: 6,111

Price: 34.72

No Opinion

RE: Sh*t ShowToday 09:24

How long has held his sports direct/frasers stock?

Did sports direct do exactly the same as boohoo by dropping over 80 percent only to recover?

5 year view minimum for big investors."

As an fyi - frasers spent 4 years trundling along after collapsing before recovering....

Yeh let's look at the last 5 year's, over 2 of which were spent above 2 quid.

And the question was regarding frasers - who potentially haven't even finished buying yet.

Don't take your frustration out on me thanks 👍

How long has held his sports direct/frasers stock?

Did sports direct do exactly the same as boohoo by dropping over 80 percent only to recover?

5 year view minimum for big investors.