Member Info for southcoastbather

Shein will eventually be fully exposed in the USA for the slave camp they are, they will never ipo there and will probably be banned from shipping there also.

Quite the concerted effort at passive bullying on here tonight - almost to concerted.

T4g..... 12 equity raises in a row over at wbi but it's great apparently.... Unbelievable.

I think most people here have forgotten what ate into the profit of boohoo - maybe they also don't realise those costs are unwinding very very fast....

Imagine you own a bank and a company asks you to borrow money, how many times would it take for you to say no when the company fails to achieve it's goals and make money to pay you back?

1?

2?

3?

4?

5?

12???!!

It's a funny old world isn't it!!

All I have done is share some previous post's from a specific poster and 3 people come out to attack me lol..

I've no doubt that in the back ground these user's are all contacting lse to try to get my account removed...

One minute the rcf is a brilliant idea giving the company stability and the next it's terrible news...all from the same poster... The same poster demanding to know other people's holdings and demanding to know their losses - then trying make fun of people's losses with made up figure's - now that is bullying and trolling at it's finest.

I think this shareprice has probably turned people's stomach's inside out with worry so they sold and now they're scared that it will recover to all time highs and they no longer hold... If you don't have the stomach for it then give up....

Interesting post regarding daytrade and his holidays

Johnbri4

Posts: 1,887

Price: 0.00

No Opinion

MagnificentMon 10:25
morning on the island as usual. Today is not a holiday here but like everyday it feels like one.
Now JH how long is it going to take for you to get hold of the Brummie sea hunt and agree to the wager. After all it was you who wanted one.
Now I see the gas meter reader is back to his favourite pastime, being abused on the Boo bb.
Very amusing this morning as the idiot thinks he has spent a few days in the Scottish Highlands. Now as he spent his annual six days leave in Gran Canaria and on his return thought he had been to Tenerife its quite likely he has been to Jaywick.
Pool tim

Johnbri4

Posts: 1,887

Price: 0.00

No Opinion

RE: I am spoiled.Wed 17:26
A magnificent day out today playing a course north of me on a Sevvy designed track.
Now JH are you for real. The point I tried to make is you questioned a poster on the Boo bb in regards to Alzheimers because he posted three times rapidly and here your mate the Brummie sea hunt can’t remember where he went to on his annual leave.
Man you two have gone overboard on the Boo bb today. Yet again a two faced comment from you yet again. Some guy posted 22 times in a full day and you labelled this “madness” well for your info your the Cornwall sea hunt posted 22 times before 1pm and the irony is like you he holds no shares. How pathetic is that. Thursday tomorrow and still no acceptance of the wager you so wanted.

https://www.techinasia.com/sheins-valuation-drops-30b-april-private-bids-show

Shein in trouble by the sounds of it.... Shareholder's looking to exit....

After years of explosive growth in the US, Shein sales slowed dramatically starting in early 2022, according to data from Earnest Research. In a slowing economy, some are spending less money on fashion; Shein's negative publicity regarding sustainability in its supply chain may also have taken a toll.30 Jan 2023

SHEIN DECELERATED AT A WORSE PACE THAN EXPECTED BY SHEIN EXECUTIVE'S - I wonder who is stealing Sheina market share.

"Shein, however, saw annual sales growth slow to around 60% in 2021, according to people familiar with the business. That’s a steep plunge from a 250% growth in 2020, when COVID-19’s arrival turbocharged ecommerce demand from consumers stuck at home.

Overall, annual revenue reached at least $16 billion in 2021. That’s up from $10 billion in 2020, said the people familiar with the business. They declined to be identified as they’re not authorized to speak publicly.

While revenue last year was overall in line with company expectations, what worries Shein’s top executives is that expansion was strong in the first half of the year, but decelerated at a worse-than-expected pace in the second half, with the slowdown continuing into 2022, according to the people."

Wolf has hit the nail on the head.

Sim interesting information by pp1 below.... Regarding the rcf being a good idea

Peoplepower1

Posted in: BOO

Posts: 6,238

Price: 53.70

No Opinion

RE: Groundhog day05 Jul 2022 15:34

With £500m assets in buildings and warehouses and so a new £325 revolving credit facility from March 2022 is sensible.

Peoplepower1

Posted in: BOO

Posts: 6,238

Price: 54.04

No Opinion

RE: Groundhog day05 Jul 2022 15:27

New £325 million RCF agreed in March 2022, underpinning the group’s investment programme

From the Financial Highlights for Boohoo's year end results for 28 February 2022 - see the link below.

Peoplepower1

Posted in: BOO

Posts: 6,238

Price: 53.18

No Opinion

RE: Groundhog day05 Jul 2022 15:15

You may be right T4G. I wasn't aware of any previous £100m revolving credit facility. I may have missed it.

Peoplepower1

Posted in: BOO

Posts: 6,238

Price: 52.64

No Opinion

RE: Groundhog day05 Jul 2022 15:03

Boohoo have nearly £500m in assets i.e. buildings/warehouses and a £300m revolving credit facility.

T4g.... Wbi have done a over a dozen placings since listing....

How many times can one company issue equity lol?!

Over a dozen times this company has diluted shareholder's!!

There are 5 x more shares in issue just in that laat 3 years due to continued placings!!

This is a classic example of just paying salaries via placings.

https://www.lse.co.uk/rns/WBI/?filter=capital-reorganisation,issue-of-equity

Ocean remind lse of their duties regarding market abuse, moneysponge has been removed under other user names - dogger69 and Alderbaran being 2 of them.

Market Manipulation: Market manipulation is also prohibited under the criminal and civil law. Market manipulation can take many forms including deceptive trading practices and the dissemination of false or misleading information (including, by spreading market rumours

The business isn't even self sustaining..... Open your pockets boy's ready for next year.... Not that your pockets will be getting filled with cash..... Without further cash raises this will go bang.

Hedge fund legend Stanley Druckenmiller claims stock prices in the market don’t reflect what’s happening now, but what might happen in 18 months. The market is forward-looking. If that’s true, then not much is expected to come of Woodbois (LSE: WBI) shares at today’s price of 2p.

But what about five years from now?

The bear case scenario: more dilution and no profits
Woodbois is still unprofitable, so it’s not a self-sustaining business. As a result, it has constantly needed fresh injections of capital to stay afloat

Anyone know this clown on twitter ramping at 1.6p - share price then drops 45 percent.

There's a brief bit of buying around 1p now but when that stop's it's going sub 0.8p.

https://twitter.com/Mrrr_Anderson/status/1633411954155954176?s=20

Loooooool moneysponge you have an average no where near 1.1p!!!

You are in deep in the 2 and 3s.

Your whole twitter feed is a catalogue of failures.

The problem here is expert's were forecasting a shareprice of 1p in 2027, the shareprice has now already hit record lows under 1p in early 2023.

You have to start thinking BUST will come a lot sooner than 2027, the reality is this company may as well be bust for those that invested just 3 year's ago, their shares have already been diluted to the tune of 80 to 90 percent. One more cash raise next year and they are as good as worthless.

Whether you look backwards or forward this company is a car crash, for holder's here it like watching the film final destination - you all know it's coming but you just sit here watching your money dissolve into thin air.

The one thing here is dilution, dilution and then when dilution runs out???

This company couldn't even make money when lumber hit record highs and record demand through the pandemic so how the hell will it make money with everything dropping back to normal levels.

Management are just going to dilute and bleed the market until the market eventually says no - and that isn't far away.

I think this stock dilution is a large part of why the shares are down 85% over the past five years.

Anyway, let’s fast-forward to 2027. I’ll assume Woodbois is still posting no real profits, its promising carbon credit division never got off the ground, and there was more dilution of shareholders along the way. In this scenario, I reckon the shares would be worth even less than they are today. Maybe less than 1p.

Alternatively, Woodbois could be acquired, or simply go bust if it continues to bleed money.