Exactly what Marshall Wace want. Trying to keep us under £3.30 into the results and will pile on sells in the morning to spook investers and create panic to cement the decending triangle downturn.
If it dips sharply, they may cover and it will bounce back up. They have been burnt before and dont always get it right.
September will be more useful of an update. Will be holding tomorrow till Sept whatever happens. This share really is due a turn around and you watch how sentiment will change when there is money to be made. All of a sudden it will be "Boohoo rises from the ashes with stella performance" "Boohoo overcomes slavery issues"
"Boohoo the leading light of ESH retailing" even the Times will.turn the fickle pr£cks
MW piling on the sells in the morning. I reckon they are hoping to keep us under £3.30 going into the results with a drop on results day to continue the downward trend. I really hope Boo pull something out the bag. I think rightly or wrongly everyone who has been loyal to Boo deserves a good rise on June 15th and an even bigger one in September.
I know you can argue that a shareholder doesn't 'deserve' anything, but it has been a long old slog for some.
Come one Peoplepower remind us of all the positives!!! :)
So if on the 15th we have made good gains and the share price drops from here surely the P/E will start to become too hard to resist?? I mean at what point will sales and earnings increase to the point where £3.25 would seem rediculous?
Marshall Wace have upped their short 3 times in the last few weeks and their robots will pile on the sells early morning and into the close. We might need to go Reddit on them.
We really need to break above 3.30 to reverse the bearish trend of lower lows lower highs from the decending triangle.
Come on Boo pull something special out the bag for June!!! All this good weather will get that summer gear selling. September will be the key update so fingers crossed for more green holiday destinations and clubs re'opening.
Urghhhh being a Boohoo holder is tedious. The fact that a short turned up and the drop today getting close to the £3.00 mark is a bit worrying in terms of something going on in the background.
Are we hitting the bearish side of the descending triangle? in for a rough couple of months. Really don't know anymore. I hope the June update has something special....
I think once I break even I'm done. This share irritates me now. I'm not expecting stella gains everyday, but i thought the worst of the scandals were behind us and were were building bridges to move on : (
Need reassuring on why i bought in again. Peoplepower where are you???? lol
I wouldn't pay a blind bit of notice to that article by Crispus Nyaga. You just have to read to profile of who they are. Complete chancers with egos thinking they can influence stock prices. Like some Motley Fool writers, they are just bored stay at home Dads with no new insight.
We all know 25% is a conservative estimate. Lots of good weather coming soon and Boo will be selling the latest trends. Don't worry about the price from now till July things will start hotting up for the September update. It will be much more telling than the May one. Also, what will the P/E be if we are still at £3.20, but Boo have made massive gains this quarter. Its gonna have to move upwards at some point.
Also, don't underestimate the pain Marshall Wace will be causing. Seen the pattern so often with them. Usually big sells on the open and big sells into the daily close. Remember their agenda is to see the share price fall. Its just one companies opinion and more often than not they have just spotted an opportunity based on low volumes and weak buying to drip sells in and make profit as opposed to actually being overtly negative.
How one man's comment or tweet can have such an impact is ridiculous. I am a fan of Crypto for getting in and out, but the fact that the postman is now talking about it suggests a larger correction / crash coming.
Kids at school are buying Dogecoin....
If you asked them or anyone what it is? or what its value is? no one would be able to answer..
Fair response! Not going to knock anyone's strategy.
I think the MMs may well be viewing this share in a similar window below 300 then expect sell offs from 3.50. They just care about turnover and I'd imagine just don't see the appetite near £4.00 at this stage, but it will come.
I have no emotional attachment to this share. It was just easier to call a while ago and good to trade.
Its all about % for me, the same with any asset.
These opportunities will come with Market movements and its good to be ready when they do so good luck!
So people always say 'Boohoo is too expensive at the moment' - Well what's the P/E today??
Surely looking pretty healthy? but at what price is it just too ridiculous not to invest in? £2.50?
Whereas I don't agree that Directors should buy in every time there is a drop, it is a bit annoying that they only seem to do it when the price is really really low as opposed to showing confidence when there could be an upward trend.
Oh well, another day in the stock markets.. I'm looking forward to the time when Kitty, Perdro, Buff (if they are not the same person) have bought in as they keep saying and then we will see the tone change in their posts.
We need some bucking up, come on Peoplepower!!! Tell us how its gonna be! lol
Interesting comparison so perhaps 25% Growth isn't so dramatic a fall if the company is moving towards maturity. Especially with the comps of 2020 Feb 21 YE.
Kitty - What figures are you using for your P/e?? (EPS etc) I am seeing some many different numbers reported vs my own calculations. It seems people are stating its anywhere between 37 and 58 from the multiple articles, but I have it more around 38?
Be nice to get a definitive number so any big falls we can assess just how much of a bargain it may become (should it happen).
Rupert Hargreaves 19th April - Why I think the Boohoo share price could keep climbing. As such, I’m incredibly optimistic about the long-term outlook for the Boohoo share price. That’s why I’d buy the stock for my portfolio today.
Rupert Hargreaves 5th May - After taking all of the above into account, I’m not willing to buy Boohoo shares today.
Idiot. What was he expecting?? The same exact growth from the Pandemic. Completely different viewpoint with what were very predictable results.
I agree racer8. It seems Boo are not going to let themselves get left behind. The growth potential in the US is mind blowing. Even if they scratch the surface £3.20 will be long gone. 2021 is definitely going to be a transformative year, but 22, 23, 24, 25 they will really start to show potential. Anyone invested from £3.00 + has nothing to fear about getting their money back. Will just take time....
Up to you whether you want to trade or hold. I suspect trade on the opportunities, take profit on rises, but always look to have a core holding for a general upward trend.
Just depends on other opportunities as well. I still think the RNS's are poorly worded sometimes.
Anyway, here's to the next updates in 2021. Alot will ride on how well they return to the mix of dresses, going out clothes etc over the Summer. They certainly have some tough comparables vs last year, hence the cautious guidance.
Its good to watch the Webcast, it does give you more confidence in what you are invested in and it reminds you that you are invested in a business and not just a share price.
Carol is a bit more robotic than I remember lol
PP1 has sold up. So it was bs all along.Shame others couldnt see it. Thats what these boards tho a mix of genuine posters and others with pointless agendas. There is q good PDF presentarion in the results centre on the boohoo website. I couldnt see the analysts call.
Depends on your time horizon as im sure we will see £3.40 before September as I mentioned the PE is getting alot more tolerable, but good for u as it feels nice to be out sometimes and secure your capital back.
There is alot of uncertainty for Boo and 2021 is going to be a tough year but is inevitably setting itself up for future SUSTAINABLE growth.
Lovely headlines in the FT.Not.
Well lots of people got what they wish for... being able to get in around £3.00ish and looks like more opportunity for this.
I get that Boohoo want to play the 'oh we think we will do ok then over deliver scenario' , but when the over delivering does nothing to the share price, whats the point.
I think Boohoo need a new investor relations team. That's a poor RNS imo.
Still I hope we will hear less about a sky high PE now as sales and profit increase and the share price goes down.
Not looking great for today sadly....Numbers excellent. Outlook uncertain and hardly any update on agenda for change. RNS worded badly in parts sow the seed of of doubt. Growth 25%?? Looling like a drop to £3.00ish so if anyome wanta in go for it.Only positive is the PE is now looking alot better than yesterday at this price. Gonna be a lomg wait for £4.00.