Member Info for southcoastbather

Moose seems very quiet today..... Maxage however is strangely posting double his usual amount..... Hmmmmm

7 years you say?

7 years ago today the sp was around 25p - today its 110p.....

Maxage maybe it has something to do with covid??

Maybe because the whole world was expecting 2021 to be back to normal??

Maybe it has something to do with extortionate container costs??

There is no doubt that the usa distribution centre is needed right now but you talk utter shyt - boohoo is an absolutely massive company with huge infrastructure - I don't think you can quite comprehend the growth this company has achieved in such a short time.

All you do is whine whine whine....

Moose is saving people money whilst losing his own as he's a holder??

Maxage cannot see a single positive but continues to hold....

You couldn't make this up..... Literally....

John Lyttle.... Mahmud.... Carol... Umar..... Various other management need a 500p sp within 2 year's.....

I wonder what their thought process is.... Something like.... How the fook do we get this sp up within 2 year's!!

That was the poncy little office they set up years ago.... Like the poncy London office they just wasted 75 million on....

They will likely have to drop the test and repeat for the usa distribution centre to start with - just ship stock on mass and get it up for sale!!

The current model has cost an extra 40 million in shipping costs on top of the standard shipping costs, it's also incurred 10 day postage times which is a joke and is the reason for the revenue shrinking. Added 40 million in shipping for 300 million revenue?!

The usa business is operating at a massive loss and needs sorting now, not may/june/july but now!

It's not a proposition currently just a big fat burner of the uk profits.

Even the new brands they acquired are burning 15 million out of the current profit.

It really has been a clusterfook of a year!

The best bit is contractually they didn't need to buy the remaining 34pc of plt until early 2022 - we should be buying that share now for 100 million and not the 270 we paid!!

Shareholders have been well and truly shafted...

There is a plus side though.... when all of the above comes together and works to usual growth and margins it will give far better value - you have to be looking at 500p by xmas 2023.

The only time the ceo and cfo want shares is when they're free - imo they should have both passed on this option - their performance this past year has been horrendous wiping billions off the mcap

Class hero.... Yes please

Boohoo s uk growth is now exceeding asos in perctage wise and monetary wise

Most recent 3 months for asos approx 480 million revenue with 13 pc yoy growth

Boohoo 320 million with 32pc yoy growth

The uk model really is the best in the industry..... But they need to sort the Usa or forget it as its eating away at uk profit

Dream.... The report was horse manure.... We bought the remaining plt share for 270 million.... Not the billion they suggested.

Usa distribution centre - job done!

Even bloody outsource the usa distribution and we will have a much better margin than this current year plus massive growth.

Maxage why don't you want to discuss non food online shopping?

Why change the subject?

DEC 2019 32.1PC NON FOOD ONLINE

DEC 2021 45PC NON FOOD ONLINE

Hope that helps.....

HOW UK SHOPPERS BOUGHT IN DECEMBER 2021

In December, some 45% of non-food retail sales were online, says the BRC. That’s down from 52.5% in December 2020, a month when the second national lockdown came to an end, but many non-essential retail stores were then closed again in regional tiered measures.

(Over 2020, Online Non-Food sales increased by 36.2% compared with 2019. Non-Food Online penetration rate increased from 32.1% in December 2019 to 47.8% this December.15 Jan 2021)

Maxage what was the total online figure for 2019 in December and total online figure for December 2021?

Yes dan that was the exact reason given but I'm sure he had the money to pay the tax.... Selling the same day they were given is ridiculous ??

T4g John was given around 360k shares for free as he lost some in primark by moving to boohoo....

The scum bag immediately sold half of them!!

He has never bought a share that's true.

It's quite simple what they have done

Last years revenue was 1.75 billion

The first 9 months this year are 1.5 billion so add another 500 million for the last quarter (worst case scenario) and we have 2 billion revenue

1.75 billion (last year revenue) plus 15 percent growth is 2 billion

There you go...

But still nobody knows how December is trading....

Enjoy your day!!

Matt that's all dan does - argues for no reason....

When boohoo released their update the world thought omnicron was going to be a huge problem.... Since then a lot has changed and omnicron is not what it was thought to be.... so trading could have changed for the better in a dramatic way....

Nobody knows.... (apart from dan of course lol)

Dan you are talkin twaddle.... During a pandemic trading levels change weekly.