Member Info for southcoastbather

How much could he have hedged? His investment shares in boohoo would have been worth more than the cash he walked away with after tax? It's not like he was worth 5 times his boohoo shares with cash

He was saying buy when there's blood on the streets and that was at 120p so he obviously thought that was the bottom?

God know what he did tbh.

Pedro is back.

Brands are irrelevant though, investors can make money on companies selling both ends of the scale.... Have you been in a sports direct lately? They sell absolute rubbish when compared with jd sports for instance.... But they both make investors money at the end of the day.

If its personal why has he bought asos, currys, boohoo, hugo boss plus many others?

He can have a vendetta against everyone 😉

Is he taking over all of the others?

You ask me why he is doing it? My answer is this - he made 700 million quid in his hugo boss trade without having to leave his lounge, no work to do, no staff to deal with etc etc... He's seeing other opportunities to do the same thing again.

That's my take on it anyway.

Buying to learn? I don't know what you mean

Problem is your average person that does a plumbers mate or school teacher job can't quite comprehend whats happening here....

I mean it's not as though the board said they had found 130 off million of cost savings they could make??

Where did people think that would come from? Buying less pens a d pencils!?

This is a major and much needed clean up of dead wood!!

As a shareholder here im happy to see it.

And there we have it.....

Morana has e-commerce and capital markets expertise and was CFO Betfair and Zoopla, both of which he led through IPO and, Boohoo claim hopefully, “helped to create significant shareholder value”.

It's called evolution....

A spokesperson for Boohoo Group said: "For the past three years, our Daventry distribution centre has played an important role in Boohoo Group’s UK operation. We would like to thank colleagues for their hard work during this time.

"As our business and customer needs evolve, the group has taken the difficult but necessary decision to close our Daventry operation and divert investment to other UK sites, in order to better serve our customers around the world.

People do realise that market expectations means "what the market already knows"?? I.e based on previous guidance.

Somehow I'm not sure they capital return covers the 30 percent loss in the last year....

Sub 300 here by the end of the year...

And now quoting buffet on time in the market.... Couldn't make it up!!! (unless it's about houses that is....

Daytradenovice

Posted in: BOO

Posts: 11,080

Price: 31.01

No Opinion

RE: Big Mike at it….10 Oct 2023 20:26

But No More Wonga you supposedly have me on filter! Yet there you go referring to my prior post. Trouble is when your a liar, as you are, you need a good memory.

Coasty. I firet retired at 42 having sold my business and bought 6 properties with the proceeds. I got bored doing nothing, so went back to work part time. i packed it in around 18 months back now.

Not that any of that is any of your business .

Now, ive answered your questions and accusations, how about you reciprocate and answer whether you averaged down with your £50k the other day? When you most certsinly did "run to the hills"

And no, i "didnt run away" from answering you. I took my dog out for a lovely walk along the beach/cliffs round the corner.

Daytradenovice

Posts: 11,131

Price: 35.45

No Opinion

RE: Union having a moan at BoohooToday 21:04

Thought you didnt 'tell anybody when to sell' Spk? seems you do nothing of the sort.

Also seems to do the total opposite of what you suggest is normally the better option.

I'll sell when i choose.

Oh and coasty, you cant even lie consistently. I have actually never owned 6 houses, nor said as such, but then again math hasnt been your best skill either has it?

Billy - better off not listening to a word he says... He was bragging in Oct last year that he retired at 42 by selling his business and buying 6 houses with the proceeds.... Then denied having said it in January this year saying he'd never owned 6 houses or even said it... Both posts are available to view 😭...

The shorts are always right until they're not.....

Then the tears really start.....

Leveraged short with limitless losses?! Ask moneysponge about that shorting RR at 100p and same with M&S.....

Things can get bad very fast for shorts...

20 billion losses on a company that had a 56 million mcap.... The shorts were clever shorting it at a dollar weren't they? Hmmmm

Things can change very fast in the market....

"Short-selling hedge funds have suffered a mark-to-market loss of $19.75 billion year to date in the brick-and-mortar video game retailer GameStop, according to data from S3 Partners"

"Melvin Capital

Major Hedge Funds Affected: Among the hedge funds that faced significant losses due to their positions against GameStop: Melvin Capital: Experienced a 49% loss in its investments in the early months of 2021 and required a $3 billion bailout"

Interesting you missed this bit eh....

"Collaborating with the world’s biggest brands"

I must admit it was a surprise when they started cost cutting..... Especially after they stated they had spotted over 100 million of costs they could save...

Hexam can you please give daytrade your approval and reply to him for god sake, he's hoping you won't mention his blatant lies for which he was exposed....

2.84 via financial instrument

You're asking a question nobody can answer on here

Do you think mike has gone on the insider list?

Here's a fact

Nobody will give a t0ss about anything when the sp starts flying..... The market has a short memory as do the media.

Exactly wolf - revenue has to stop dropping now and at least be flat for the first half of the upcoming financial year

Wonder if they might offer a collection and returns service via the fraser group stores....