Member Info for Spideystreet

Lower likely imv.

Somethings brewing sending it sub 30 that the markets caught wind about.

I did state =

Spideystreet

Posted in: BOO

Posts: 821

Price: 31.74

No Opinion

RE: Hope's in short supply1 Aug 2024 13:27

And "Next" up near 9% .

Cracking market read across.(not)

30p could go by end of week

I doubt it's "profit taking" forcing this down

Certainly cross that one off the list.

Over the pond is near all time highs past 40.

Fail to see any correlation to boo

This is near all time lows?

I thought the acclaimed top ups occured yesterday on here.

Sub 30 end of day looking more likely imv.

Maybe some news will drop later today as to the logic

Terrible bearish all the way down Barclays had been as I recall if trace the ratings back.

I didn't conclude the ratings I'm afraid so perhaps go and chase them back for clarity to help

Looks like Barclays ain't too far off the mark yet again with the broker rating.

They have been utterly solid with this all the way down (fact) .

10% fall in 5 days.

No doubt something will land to account for the sudden pullback.

Knowing Boo it's likely not going to be pretty

We shall see

Call it a rough 15% or so

Let's see

Based on data from MarketBeat, boohoo group presently has an average rating of “Hold” and an average target price of GBX 27.17 ($0.35).

And "Next" up near 9% .

Cracking market read across.(not)

30p could go by end of week .

I was shouted down on here the other day and got "it's nowhere near 30p" just after barclays weighed in again who have called this very well.

30p getting even closer and Barclays looking even more solid with ratings they gave out on this

Ties in with "Next"as of today .

It's as clear as day and backs that part of the article.

That simple !

Not my view is it LDLD and is Shore Caps and fair to say its not far off the mark

Concerns were also raised about the group’s falling customer numbers, order frequency and value, as well as its top-line sales growth and its ability to maintain market share.

Therefore, Shore Capital has reiterated its “hold” rating for the stock, and while it believes it is more exposed to the marketplace than Asos, it still sees more value in companies like M&S and Next.

Shore caps view vs Next was posted on here yesterday

Boohoo traversing debt tightrope, says broker | AIM:BOO

https://www.proactiveinvestors.co.uk/companies/news/1052890/boohoo-traversing-debt-tightrope-says-broker-1052890.html

Struggle ?

Intense competition ?

Not exactly selling it are they...

To note Shore Cap did comment :

Shore Capital said: “The news to negotiate its debt is, however, concerning, to us, and signals perhaps a weaker financial constitution, but if successful could provide greater reassurance around liquidity and finance costs.”

The UK broker added that Boohoo is continuing to struggle to gain traction in the US and is suffering intense competition from the likes of Shein in Europe.

Concerns were also raised about the group’s falling customer numbers, order frequency and value, as well as its top-line sales growth and its ability to maintain market share.

Therefore, Shore Capital has reiterated its “hold” rating for the stock, and while it believes it is more exposed to the marketplace than Asos, it still sees more value in companies like M&S and Next.

Boohoo traversing debt tightrope, says broker | AIM:BOO

https://www.proactiveinvestors.co.uk/companies/news/1052890/boohoo-traversing-debt-tightrope-says-broker-1052890.html