RE: Losing control9 Oct 2023 15:11
More sound advice...
"Peoplepower1
Posted in: BOO
Posts: 8,385
Price: 58.60
No Opinion
RE: Buyouts and Takeovers25 Jun 2022 16:10
It is human behaviour to be negative on a board when you want to buy the shares at a cheaper price. It's nothing more than this.
Peoplepower1
Posted in: BOO
Posts: 8,385
Price: 58.60
No Opinion
RE: Buyouts and Takeovers25 Jun 2022 16:05
Told you, DC2007 is looking to buy Boohoo shares cheaper than they are at present hence all the negativity. When posters are so negative about Boohoo on here then you can be sure they're looking to buy Boohoo shares at a much cheaper price. It is human behaviour.
Peoplepower1
Posted in: BOO
Posts: 8,385
Price: 58.60
No Opinion
RE: Peter Lynch quotes25 Jun 2022 16:03
Boohoo made Β£2bn revenue and Β£1bn gross profit for year ending 28 February 2022.
The reason their net profit was down was because of all the marketing, infrastucture and supply chain costs. For example, new warehouse costs, automation fo existing warehouse costs, setting up the Leicester factory and training establishment, buying the London building in Soho where a beauty store could easily be set up on the ground floor, marketing and website costs for Debenhams, Wallis, Burton, Dorothy Perkins, Caost, MissPap, etc.etc. Boohoo have and had a mmamoth task with 13 brands. These won't come fruitful until at least mid-2023."