Member Info for sterowlands

And the company plans to rip them off by taking the company private after encouraging them to take part in share schemes at a price far higher than it is now. That on top of the negative press at the factory that they’ve worked hard on to turn around. I can’t see it. Just wait it out folks. Awful week and the negative posters are having a field day. Hang in there. They’ve got loads of assets, a massive loan faculty. Boohoo are going nowhere anytime soon.

Can you imagine the revolt from shareholders if the results are bad yet they spent a six figure number signing Michael Owens daughter, invested millions into another beauty company, tried to buy misguided, and other investments including the US warehouse. It would be suicidal. I’m guessing results have been pretty good. Every teenager out there has been to for festivals this year and I need it calls. Everyone instead of buying garden furniture has been on holiday. Things will be okay but not amazing. Certainly not disastrous.

I just can’t see it. It’s a conspiracy worthy of an Oliver Stone film. With all the bad press recently, and especially with the working conditions in Leicestershire, do Boohoo also want to be known as the company that not only underpaid it’s staff, but screwed them out if their lives savings. They’re working very hard to improve their image.

Personally I can’t see it. Boohoo have encouraged employees to take part in share schemes, some of those people will have have their entire savings into boohoo and will currently be at a loss. I know it’s a dog eat dog world, but I don’t think they’d do that to their employees. Secondly, the conspiracy that they’ve allowed the price to deteriorate so much so they can take the company private is a very serious allegation. There’s some big institutional investors that would take them for everything they’ve got if they thought this was the case. Just my opinion anyway. I stand by my opinion that the recent investments from Boohoo signal trading has been fine, if not better than expected.

We’ll see a very significant bounce soon. Could be off a number of reasons, but this share can only go so low before it’s worth the value of its assets, which is highly unlikely. May drop a bit more but would not be surprised if we see a month between
Now and Xmas of 100% rises. Maybe a takeover rumour, mights be a merger deal. Could be the departure of JL. Could be a sudden drop in freight costs. The hard part here is reading it’s never the edge of disaster and the good times are sooner than you think,

Down a fortune here, but I don’t need the money at the moment so more than happy to sit it out. What are the chances of another profit warning? I just don’t see a failing company signing Ownes daughter for millions, investing in a beauty company and trying to buy misguided if their results were going to be bad. Surely that’d reckless and probably the final straw for JL.

No one on here is trading for tomorrow. Which is very unsafe. We’re in it for the long run. I’ve chased this down from £1.75. Do I care? No. Because they will go back up, and probably at speed. But short term there might be more pain. Might not be tho.

Could anyone copy and paste the times article?

what do you want to achieve? we all know that boohoo will be ok eventually. so what is the motive? do you want people to sell? are you depressed and want other people to be miserable. honestly, had a few beers now, but boohoo is going nowhere. im not aresed if they drop another 10%. I know in two years they'll be fine. so lets all chill. and remember, the price is hypothetical until you sell. so ride the storm. this company will go from strength to strength

Let make it fun. Let’s predict 35p. who cares. People will brains will just hold out and wait for this business to recover. Like I said, if you don’t need the money just wait. It’s the panic sellers that always lose.

Spot on. It does take discipline. But you’re right, history shows panic sellers always lose out.

You can’t act everyday so but patient. But you can learn every days

I’ve lost count of how much money I’ve lost three panic selling. Everyone was saying BP and Shell were going under during Covid.

Sold up there. Everyone was saying the banks were going under in 2007. Indeed some did but the big ones didn’t.

Must’ve lost 40,000 on those two examples along. Whereas if I just not panic sold and held long-term I’d be far better off. Long-term holders will always beat day traders. It’s a fact. So just ignore the noise on here. Don’t let people frighten you. Keep calm. The share price doesn’t care about your feelings or emotions. It will do what it wants until it’s ready to change. If anything this board is a bit of fun. But please heed the above advice. Stay calm. Come back in six months or a year.

You’ve not lost anything to yourself and the share price is hypothetical at the moment.

Totally agree. I remember everyone was saying Tesco’s and Morrisons were finished when LidL and Aldi came along.

Then when that didn’t happen it was because of this reason and that reason and it was always obvious.

Just relax. Like I said the share price could go to 10p if it wanted and I wouldn’t sell.

It’s irrelevant. You lose nothing until you sell.

Just sit and wait. Everyone wants results next week or next month. Doesn’t work like that. See what happens in a year two years or even five years.

If you are long-term holder history shown and chairs like this you always make more money.

Boo-hoo have got so many brands and it’s a finger on the pulse of western trends so accurately.

Boo-hoo is an absolute car crash at the moment but I don’t see what the problem is. If you don’t need the money right now the share price is hypothetical. It’s not real money until you sell. History is shown long-term holders will always be okay. Boo-hoo is a sound business which is growing rapidly. Just hang in there and ignore the idiots talking about it going bust. A bank wouldn’t give it a £300 million loan and it wouldn’t keep expanding if that was the case. Come back in six months or a year and it will be a different picture.

In 2007 the banks we're finished. Covid was set to finish off the Oil companies. And now inflation is going to finish off Boohoo. But dont tell me, this time it's different with Boohoo and here's why the end is nigh. Blah blah blah. Summer is here and kids have been stocking up the festival and holiday outfits left right and centre. Sales will be much better than last year. The daily noise and share price hold no significance. Come back in 6 months. Or a year even. Focus on what will happen not when and ignore the doomongers on here. They themselves are doomed.

The answer to that is a simple no. So the share price is irrelevant at the moment. Hang in there the shorters have to buy back. As awful as it is at the moment come back in six months. And ignore the noise

I know this has been touched on many times, but how can JL expect to get a bonus when he’s no skin in the game? It’s like a win win situation which ultimately he’ll fail at

Two words I don’t want to hear tomoz either. We want a proactive update not a defeatist one. John Lyttle has been depressing the 5hit out of us all recently with his tone. And the fact he’s still got no skin in the game is embarrassing for shareholders.

Everyone’s buying holiday clothes. The misses went to buy some stiff from Shein, but shipping was nearly two weeks, so went to asos and boohoo. Pretty confident about this summer for this share. I do think things are going to get very tough generally though especially with interest rates rising. But let’s be honest, how long did people think emergency low interest rates would last. They should have put them up years ago (and stoppedQE).

What could Wednesday’s update be about? Surely if it was a profit warning they would’ve had to have done this right away and not told us about it enough for coming RNS.