RE: Times today24 Oct 2023 20:17
Peoplepower1
Posted in: PFD.L
Posts: 6,785
Price: 97.30
No Opinion
RE: Why? Premier Stuck14 Apr 2021 13:47
I invested £100,000 in Boohoo shares in 2015. I have held them through every up and down. They are now worth nearly £1.3m. I research Boohoo on a regular basis. I will be keeping my Boohoo shares for many years to come.
Mahmud Kamani has never owned 60% of shares in Boohoo. Mahmud Kamani has more money invested in Boohoo shares than he sold. Mahmud Kamani would never let Boohoo fail. It is his passion, hence why it will continue to grow and grow.
Premier Foods use their free cash flow to pay down debt.
Boohoo have no debt and use their free cash flow to grow the business.
Boohoo bought US business Nasty Gal for £20 million and have grown it into a £100m revenue in less than two years.
Boohoo bought two thirds of Prettylittlething for less than £3 million. Boohoo paid a fair price for the remaining one third of Prettylittlething. Prettylittlething had grown to £500m revenue when Boohoo bought the last third of it and so it paid a fair price for it.