Member Info for steveknowsnothin

Based on some of the predictions,

- Pappa Kamani is going to be outed as Lord Lucan.
- Boohoo is going to be outed as being a drug syndicate spanningcxontinets.
- Boohoo's shareholder base revealed to actually be in line with the devil.
- Merger with guantanamo Bay

In all seriousness, probable attack on 367, profit taking, Asos results and more people trying to make the company look bad for any of the following reasons.

- sold out early
- missed a good buy in price
- hold a short
- have a personality disorder

@wyndrum are you honestly suggesting a Queen's Counsel can be tightly controlled? Was the report not brutally honest?

You are assuming guilt, where as maybe the situation is they don't feel they have anything to hide. Of course they needed to do their own investigation, otherwise the question itself and the market uncertainty would have followed them indefinitely.

The suggestion has always been that some of Kamani's friends were involved. Manchester is a small place, I live in Alderley and work there, becomes very easy to bump into anyone in the St James's club. Am sure in the Asian community it is even more of a smaller world.

I don't know what the news would be, get your crystal ball out and tell me what could be devastating news for any company.

Khaiser to put it in Corrona terms, the r rate (revenue replication rate) is what matters on a growth stock.

Are they setting themselves up to infect every market? Do they have the transmission means to do it? Is the virus (company) capable of dong it?

Technicals for entry on market mispricing, fundamentals for the ability to weather storms. If anyone is arguing that they don't have both technicals and fundamentals now in their favour, they aren't reading them right.

People seem to forget how brutally honest the QC report is and how well Boohoo played it by commissioning Levitt to do exactly what she did.

She had near unlimited access to the bussiness, something an investigative reporter generally will never have.

The board don't care about the short term price fluctuations, it literally means nothing.

What has happened, in case you missed it, is everything was layed bare. For a news piece to affect the share price in the next 12 months, it would have to be be truly devastating. The ****roaches analogy only applies, when you haven't ripped out the kitchen and fumigated.

Is any growth syock priced correctly? All you can do is compare key metrics from competitors and come to your own conclusion as to whether the market is pricing it at its value.

ROCE, capital employed, etc compared to competitors alongside revenue growth and superior margins would suggest not. But that may just me being irrational.

I averaged in at 265, watched it go up to 390 and then down to 320 and back up to 350. If I wasn't certain of my position I would be out.

You seem uncertain of your position, coming on here and trying to sew the seeds of the unknown. Guess what, all that is left unknown are the same that affect every bussiness on the market. Boohoo will actually be in a better place in 12 months than now. You seem to have forgotten that share prices are an assumption of where the company will be 2 years from now and not now.

Ha ha, missed the bit valuing the company at 86p per share. One of my favourite sayings is this,

"Markets can stay irrational longer than you can stay solvent.”

Most people think of it to say that the markets are irrational, where actually it is the application of 1000's of investors and data points and in fact is very rational. It is actually the one who is becoming insolvent that is actually the irrational one.

In this scenario, it is you, trying to apply your morality on a thing that only cares about it if it affects the bottom line. Capitalism goes choo choo.

You are allowing your own personal morality to get mixed up with consumerism and capitalism. The market hates two things, revenue decline and unknowns. These have been cleared by the results and the qc report, not exactly flattering, but they have promised to implement all fixes within 12 months.

I understand, your original position is so resolute that its not allowing you to see past your original commitment.

You do realise confirirmation bias applies both ways, you are allowing your original assessment pre report to cloud your judgement now. Best of luck with the short position.

@Shadowfall the same could be said about Zuckerberg or many other CEOs. They are visionaries, not the people running the show on a day to day basis.

They live down the road from me and are around Aldderley a fair bit. there are a fair few who are more than comfortable down this way. Seems to be the British way, hate on success unless you are Branson or Sugar.

I just don't really see a fund pulling out, when the company is achieving such growth, surely if they were going to do that it would of happened over the last two months. Bit of an odd worry to suddenly have now.

As far as new articles, they just aren't really scratching the SP anymore. Boo have bought stability to the SP and there is not really much more damage to be done until the 12 months is up. Do you think Archies editors is signing off months more of his time or placing him elsewhere now?

@wyndrum, the papers do need to fill column space and there is decidedly less news at the moment that isn't corona, brexit or trump.

Talk about flogging a dead horse, they must be really light on the news front.

Literally, three women in my house. The door bell is ringing three times a day with some form of parcel. Clothes, makeup or other. People are comfort shopping more than ever. That is definitely not going to stop. The fashion retailers that will be affected are the work wear / formal clothing types.

@midway was having the same discussion the other day.

If you look at the ONS data, if you isolate the over 65's and those with health conditions, then send everyone else into the streets to lick and cough on each other for the next month, we would hopefully get some form of immunity with very few deaths. The endless hope for a vaccine with the knock on effect on jobs isn't working, I don't understand why the entirety of society is facing lockdown when only a portion are at mortal risk. The knock on effects on employment, the economy and preventative medicine just don't seem worth it.

https://www.ons.gov.uk/peoplepopulationandcommunity/birthsdeathsandmarriages/deaths/bulletins/deathsinvolvingcovid19englandandwales/deathsoccurringinjune2020

I had it, had an antibody test a couple of months ago, it wasn't great, but I was a lot more relaxed after it.

Yeah, that Wednesday hammer was just a little slower than expected.

Hey @ragtrade don't scupper my hopes, I am waiting on my "Dig My S**t" formal wear from Jaegar!

I used to love a Jaegar, good shirts. Don't really see it as BOO's area of expertise.

shareexpert is currently over in Stagecoach loosing money, couldn't happen to a nicer person.

That's the thing though isn't it. You sell out at 335, no price is going to be good for an entry as you are always going to bricking yourself that you are buying in too high and increasing your loss. Literally loose loose.