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Remember when he said this would never a million years drop to 50p.

Impossible!

Not a chance!

Comical/ Laughable

And his list went on

And he still carries on ranting!

Very odd indeed and does exactly what he accuses other posters of doing.

Maybe lse could list the share price in Braille to help the Boom2bustrider understand better as to where the current market prices this ex growther.

Someone help him out please

Do remind us all of Barclays broker calls as this sunk all the way down to here Tradey.

Try not to fib again as will make yourself look rather silly

"

"We are nowhere near 30p. Fact"

What a bizarre comment

Comic as Barclays called this very well whilst folk like you as ever tried deflect the calls they made.

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IndustriesConsumer

Boohoo, Lenders Hire Advisers as Retailer Nears Debt Deadline

Creditors are set for refinancing talks with the UK company

Boohoo is grappling with a consumer slowdown as losses widen

The group has suffered a string of losses in recent years.

The group has suffered a string of losses in recent years.Photographer: Hollie Adams/Bloomberg

By Giulia Morpurgo, Sabah Meddings, Lucca De Paoli, and Deirdre Hipwell

26 July 2024 at 16:49 BST

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Lenders to Boohoo Group Plc have hired advisers to thrash out a deal with the British online clothing retailer as it faces a looming £325 million ($418 million) debt wall and mounting losses.

Creditors have tapped FTI Consulting Inc. to help them tackle talks about a refinancing, said people familiar with the matter, speaking on the condition of anonymity. For its part, Boohoo is working with bankers at Rothschild & Co., said some of the people.

The company has a £325 million unsecured revolving credit facility, of which £75 million is due next year and £250 million in 2026, according to the latest annual report.

Boohoo, FTI and Rothschild declined to comment.

Boohoo is the latest in a series of UK retailers including Asos Plc and Superdry Plc to have approached banks to help renegotiate debt. Like other online fashion retailers, the company has been grappling with a slowdown in consumer demand following a pandemic boom.

The group, which also owns UK brands Debenhams and Karen Millen, has suffered a string of losses in recent years, causing the London-listed shares to plummet more than 90% from their June 2020 high, when locked-down consumers sent e-commerce sales soaring.

The Boohoo brand has also weathered a supply chain scandal and intense competition from Chinese rival Shein.

The company saw its pretax loss widen to £160 million for its latest financial year and ended February with £230 million of cash and cash equivalents.

In May, Boohoo scrapped a lucrative bonus plan for executives following a shareholder backlash as losses mounted.

Boohoo’s largest shareholder is Frasers Group Plc, the retail group founded by Mike Ashley, which owns almost a quarter of the company, according to data compiled by Bloomberg.

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Great

Barclays eh ...what do they know

Correct

Boohoo, Lenders Hire Advisers as Retailer Nears Debt Deadline - Bloomberg

https://www.bloomberg.com/news/articles/2024-07-26/boohoo-lenders-hire-advisers-as-retailer-nears-debt-deadline

Tradey insighting bans again.

Reported !

Wonder when the levvy finally breaks here.

Knocking on the door 🚪 again.

Barclays have an excellent track record of calling this all the way down (fact)

I hope nobody got suckered in by Tradey and his utterly useless calls here

Value?

Trying to hoodwink everyone on here ut was never ever in a million years going to plummet through a quid.

Rather duff info eh Tradey as you flipped your lid all the way "won't go any lower"

Take a leaf out of jeremyp's book Bfd as this one acclaimed to first purchase at the low 30s.

Oddly then acclaimed was underwater and a long suffering investor

Stick to the facts when printing a narrative eh.

"Boohrider"is all you need to see as to the utter desperation when battered by this

When in Rome Tradey?

What a moaner eh.

Everyone knows Southcoast has huge insecurity issues

400p+ was the lofty heights Tradey.

"Amazed you haven't been banned, totally disgusting"

A pearler from the one that spent an age shouting everyone down who said it was going sub a quid then 50p which it indeed did.

Seemed to miss all that bit out did Tradey as with most folk who chase a stock down

Will this ever Shein ?

Wouldn't boo love a

"Boo and Asos are attracting customers in their millions"

Aint happening