Member Info for southcoastbather

I find it amazing that one poster who claims to be a boohoo supplier has posted 2 sentences allegedly from a boohoo internal email to suppliers and people just believe it, not only that but they then repost this completely unfounded information.

Money sponge is a tad quiet today.... Maybe because his latest ramp over at wbi has failed miserably.... Raised cash every year for the last 3 year's and there are 5 x more shares in issue as a result. . .

"Moneysponge

Posted in: WBI

Posts: 528

Price: 1.125

Strong Buy

RE: Chart31 Mar 2023 14:21
where is 0.9p m8?

Shouldnt expect any better from a guy like you who ramped boo all the way down to 35p
Disgusting behaviour"

0.9p hit M8 LOOOLLLLL

0.8p getting close and CLOSER....

More like sub 1p this week.

Money is it there or their when referring to a person/people?

T4g, the sponge was trolling this at 36p under the name Alderbaran spouting about beat box borgys chart saying to go short...

He also went short on rr at 105p saying a gap was at 90p....it went to 150 instead.

So you are using an article that is purely about weekend shopper's as an overall reference? Pretty desperate.

The facts are online is way above pre pandemic levels while footfall in the highstreet is still below pandemic levels - it's quite possible that the high street numbers have now peaked and will never hit pre pandemic levels.

I believe poster's here were predicting a massive surge in the high street shopper's post pandemic - looks like the surge was more of dripping tap.

"High streets reported as busier and busier also, great news"

Well that's a whopper isn't from brave heart of Scotland?!

Evidence of this statement being true?

This was regarding the company last year, it's even worse now!!

Woodbois is not a new company. Its shares have been listed on the stock market (in one form or another) for over a dozen years. In that time, they’re down over 90%. Net debt now stands at $10.9m, while consistent profits are yet to materialise.

More worryingly for me, the number of Woodbois shares in existence has increased fivefold in the last three years. This has been necessary to raise fresh capital to fund operations, but it’s diluted the value of shares and made them less valuable.

Ocean - the bonus scheme is specifically tied to the sp and not market cap, each sp listed as the hurdle with an implied market cap.

Management will not want any dilution killing their chances of hitting said hurdles.

A bit on valuation.....

You don't need perfection for a good valuation... Just need a good business.

Take Next as an example valued at 2 x revenue and 10 x profit before tax, incoming revenue of approx 9 billion and profit of 890 million.

I believe good growth will return and predominantly the usa bumping up the revenue, im expecting to see group revenues of 3.5 billion within 3 year's and a much healthier profit before tax..

If boohoo weren't pushing towards growth we would see much bigger profits as it is anyway.

Within 5 year's i see boohoo as 4.5 - 5 billion revenue business with profit before tax of 300 - 400 million.

Times those profits by a minimum 10 to see where the valuation could be... Or some kind of combined revenue and profit multiple... I see a 5 to 7 billion mcap

As I have already said.... People people really believe this is where it is because of "distressed seller's" lol.... More like distressed holder's ripping the bandage off and dumping this garbage.

Where will you be when this hits 0.8p in the coming weeks...

The recent placing will literally feed the board of directors....

Placing at record low does NOT indicate a strong company...

2021 Gross profit was 3.5 million

2021 NET PROFIT BEFORE TAX 90K

Profit before tax is all that matters.

Today's value is 277 times it's last known profit.

Sub 1p before long.

All that rubbish about nav has been spouted since 4p.

Why is it still falling?

Peak value to today 99 percent DOWN

Since listing 96 percent DOWN

5 year 90 percent DOWN

1 year 71 percent DOWN

6 month 76 percent DOWN

Ytd 40 percent DOWN

1 month 36 percent DOWN

Yes spk it's interesting to note that poster didn't mention a peak when short seller's were reducing weekly.

Mind you he has made 100 million profit on Boohoo.

Where will you be when this hits 0.8p in the coming weeks...

The recent placing will literally feed the board of directors....

Placing at record low does NOT indicate a strong company...

2021 Gross profit was 3.5 million

2021 NET PROFIT BEFORE TAX 90K

Profit before tax is all that matters.

Today's value is 277 times it's last known profit.

Sub 1p before long.

All that rubbish about nav has been spouted since 4p.

Why is it still falling?

Peak value to today 99 percent DOWN

Since listing 96 percent DOWN

5 year 90 percent DOWN

1 year 71 percent DOWN

6 month 76 percent DOWN

Ytd 40 percent DOWN

1 month 36 percent DOWN

Another week of going nowhere, just waiting for the next load of 1p sells.

John is there silence or is it just that your point makes zero sense?

The purchases are part of a pay plan that was agreed and voted on by shareholder's on the 8th of march, are you suggesting that boohoo perform a miracle and buy share's in the past?

It's an absolutely stupid argument.

And yes you must be one sad old sod posting at 1am.

Approx 10 million quid boohoo have paid for rev b shares.

Boohoo may well snap rev b up for a pittance... We all know how big and lucrative the beauty market is. Apart from use by dates of course lol.

It would help if you specified his role at these companies if you want to add some credibility to yojr post.

You know there are non exec's that sit on board's of an unlimited amount of company's? they don't play a role in any of the day to day running of a company.