Member Info for southcoastbather

Many point toward the COVID-19 pandemic as the reason behind why online shopping has become so much more popular. Though not entirely incorrect – the COVID-19 pandemic did indeed expedite e-commerce growth – it would be short-sighted to say that it is solely responsible for the rise of online shopping.17 Feb 2023

The high street in general is fked!

We all know it.

The list of failures in endless and wilkos cemented that the failure of the high street is ongoing.

It is worth noting that Boohoo insiders are still optimistic about the company. Public disclosures show that Mahmud Kamani has not sold shares as many executives do during a bear market. And most recently, Umar Kamani, the founder of PrettyLittleThing added to his stake, acquiring shares worth ~15 million pounds or 3% of the company

So people here believe a company cannot trade below its cash value?!

You are all mistaken.

Share price below cash value will happen here... The only reason it won't is if the cash disappears....

The problem with putting the magnifying glass on one small period of trading is you miss the bigger picture

Boohoo have always had sector leading margins, however external pandemic related cost's have hit them for short period. (these margins will return)

Take primark as an example, if you look at just one year of trading they lost 800

https://www.google.com/amp/s/amp.theguardian.com/business/2020/jul/02/primark-loses-800m-amid-covid-19-lockdowns

On the opposite side of this people have been caught out buying stuff like TGA etc based on record inflated coal prices that will never happen again.

The long and short of it is people buy shares when they are rising as they don't believe it will stop, they also won't buy a falling share as they don't believe it will turn and recover.

Whos your money on?

Chat bot trolls?

Umar the money man?

A lot more news out about the wilko collapse now...

"Nadine Houghton, national officer for the GMB union, which represents thousands of workers at Wilko, accused the firm’s management of allowing the retailer to lose its place in the market by failing to invest in technology for home shopping and other improvements while “much-needed cash was taken out of the business by the Wilkinson family when it was struggling” (along with the family taking money out of the business when it was struggling)

Clearly blames to lack of vision for home shopping as the main culprit!

Also worth noting is that 60 to 70 percent of their shops were on the high street/town centres.

No wonder big mike and umar are piling in when they see the foundations that are now in place here for future exponential growth.

Todays level of insults and bigotry has been truly shocking.

Even more shocking is that lse allow this on their site.

Alex he has made 600 million from that boss investment alone.... Obviously there are poster's here better at making money....

Or up in the highlands somewhere on fake holidays.

Parsnip here's an example

Frasers group built a holding of 35 percent in hugo boss in the run ip to November 2022 around the low 40s - today its in the 70s....

That investment represented an investment of 875 million...

That investment is now worth in the region on 1.5 billion....

At what point do you think big mike was sat watching the day to day movement's ?

Parsnip you don't seem to have a long term view here which is fine but big players and investors are not looking for day to day pennies...

There will be significant moves up very soon and far more significant than most expect (or want you to believe).

Gggg has hit the nail on the head.... Umar has raised his position.... Far bigger than any single short increase.... Daddys boys buying for a reason 🚀🚀🚀

Why does one poster pointing out the obvious upset so many - is the pump and dump still ongoing?

1900 to 500....

All time lows will be hit.

When does the down trend stop?

It's been falling for years.

Is it game over for this company?

On the money alex..... Big rallies and big rerates coming.

Waiting for the pounds which are coming.... not the pennies....

As i said.....

It's funny to watch the same people in the weird kind of group dynamic.... You are all so mentally weak you need each other.... The truth has really hit you guy's...

Shareprice 1900 all good

Shareprice 1700 all good

1500 all good

1300 all good

900 all good

700 fantastic

500 living the dream boys!

300 amazing!!

100 best investment ever!

You must all be short??

I’d be nervous about investing in the company. For a start, its product is a pollutant.

Also, Thungella has warned about the poor infrastructure in South Africa. Last year, the country’s railways experienced a 12-day strike. There was also a derailment which took 10 days to clear. This affects the company’s ability to get coal to the port, from where it’s exported.

The country also suffers frequent power cuts.

Both of these factors have adversely impacted production during the second half of 2022. In December, the firm released a trading statement indicating that coal output for 2022 was likely to have been 20% lower than in 2021. Even so, the historically high coal price will compensate for some of the lost production.

Looking forward, the coal price is likely to be closer to 2021 levels. The company’s performance in 2023 is therefore going to be more in line with two years ago, when the dividend was far less generous.

For these reasons, I’m not going to invest at the moment.

Nobody thinking the dividend will be cut right back?

Headwinds tumbling day by day....

"JeremyP

Posts: 8

Price: 38.41

No Opinion

RE: Today is a buying dayToday 17:34

Cpi down in the states, Maersk shipping profit warning as the Baltic price index is in the toilet! Shorts will start to close as inflation reduces and supply chain headwinds ease…Eleva Capital will be desperate soon! Get the popcorn out!"