Member Info for streets36

Edit 'So really you are number 3s' and very obvious.

One thing that has NEVER been explained is why people who are not invested are prepared to spend precious time on this board de-ramping the stock and spreading negativity??

So lets be honest this board is made up of:

1. People who own the stock and are long (overly optimistic)
2. People who own the stock and are long (but are asking questions second guessing their investment / risk)
3. People who are short the stock (spread negativity, fear, trying to make longs sell)
4. People who are not invested (but interested to find out facts / debate to see if they want to buy)

Now for the last category

5. People who are not invested and neither want to buy but are daily (DAILY) spending all day saying the people who bought this stock are idiots and Boohoo is doomed to fail.

So if you are a number 5, the unexplained it doesn't make sense, WTF are you doing here? Go out and get some Sun. So really you are number 4s.

The people with multiple accounts are obvious and extremely sad and as Alex says when / if the company turns around (I believe it will) then they will be gone gone gone. Seen it 100 times over on LSE.

So to other posters don't waste your time engaging them because when this is way back up you won't even be able to give them a satisfying 'i told you so'.

One thing that doesn't get discussed as much as who is shorting, is who is lending. I mean there is a huge amount of shares being borrowed so which institutions / pension funds are the ones lending out? and why are they ok with letting someone borrow their shares to trash the price and devalue their long term investment.

I guess you could say X Fund lends out £3 million shares at X interest rate so it gets an income in the short term and doesn't care because they will only liquidate some shares in say 5 years when they believe the share is valued at whatever they believe it to be, but if you have gone from £4 to 40p wouldn't you be a bit worried about the price of your investment going to 0p and therefore not lend out.

It seems to me there is more going on here and wonder if its even more dodgy than we think and Hedge Funds have long and short positions to lend back and forward to each other and agree when one can close out to compensate for lending out. Sounds a bit like a conspiracy, but its a shady world out there.

This will be the last time I invest in AIM that's for sure. Its true what they say about just compounding dividends and building wealth over time.. but some want the good life now. Times were good here at one point. Will they come back? Hope so : (

What price would you expect some director buys??? I mean if we actually get into the 30's and lets face it we are not far off we could be in for a 10 x return in two to three years.

Is there such a thing as a bottom? I mean seriously where is it?

September 28th can't come soon enough. I feel like we are due some news to turn the sentiment here. If shipping costs come down to a sensible level then wouldn't we expect low priced clothing retailers to do well in an inflationary environment, even if people reduce spending overall the market gain share may go our way.

I just hope that stake in Revb is because Boo are looking a little more cash positive after an 'ok' quarter.

It may well be less than the value of assets but we are only 14p off aren't we?? I don't want to see it happen and I admire your optimism. I'm just getting tired of Boo associating themselves with shady scenarios.

Investing in firms with suspect accounting doesn't exactly make Boo attractive to Institutions especially with how hot ESG is these days.

Anyway as Roharps says lets see if there is some strategy here and hope to god Boo sold enough volume to boost our cash reserves as it wont have come from increased margins.

Prove me wrong in September Boohoo, restore my faith.

Am I reading this right?? Boo have now invested what precious little capital they have left in a company that has accounting concerns and have to suspend trading??

I mean, I support Boo at the best of times, but I am seriously doubting the BOD competency now.

From Slavery allegations to law suits to green washing to showing off their glitzy lifestyles whilst loyal shareholders sit back and get sh*t on by hedge funds.

I genuinely think the Kamani's want to take this into administration.

I remember a few years ago when their marketing was spot on, they had loads of cash on the balance sheet, they were showing fantastic growth in sales and profit and now look... we had hard times with the economy, but talk about scoring own goals.

Too far under to sell out now, no point, but I can actually see this going into the 30s now. Why wouldn't it? It doesn't matter what their assets are they will just do something else stupid.

There was a time when a 7%+ rise would excite me on Boo. Now I just know that it will get pulled back before 70p. The shorts have this in a range and want to keep it there. Only really unexpected news will pull this forward. Still can't believe we are where we are. I know the reasons for our decline, but this low? really? should it be this low??
Very intrigued for September, especially with the return charging, be interesting to see how it is working out.

Wow.. here we are at the lowest level for some years. Don't you wish you had a crystal ball.

I can't help thinking during this 'cost of living' crisis (hate that phrase) that the likes of Boohoo will perform relatively well as people search out cheap clothing. Its simple but also logical.

Even if Boo have to increase margins a bit to accommodate input costs so will other retailers, but they will still be one of the cheapest brands out there.

Perhaps sales growth will come from consumers switching to cheaper brands??

People including institutions were late figuring out that Covid gave Boo an opportunity with people being stuck at home, perhaps they haven't cottoned on to the fact that Boo may actually be a winner in recession.

The time to make money is when the risk is higher like now. Unless there is any serious danger of the company going out of business then now looks like a great long term bet.

8% of shares HAVE to be bought back whether its dribs and drabs or in a big squeeze. It has to happen.

Things will get better : )

Q1 was never going to be a pleasant update. Worst months for any retailer.

The fact is Boohoo's share price has been discounted against falling profit, growth levels and now Revenue. The numbers are clear to see.

So you would naturally see selling in the market exacerbated by Short Selling to find a more realistic valuation.

The key question is valuation. We are being measured against a very short-term view in my opinion.

Fast forward to 2023/4 and you will see freight costs normalised, economy returning to growth, inflation under control, interest rate levels accepted by the markets, the war in Ukraine ended, energy prices back to normal, distribution centre up and running, yoy comparables more favourable, the list goes on...

As long as Boo can navigate these times I think people are in for 6/7 times their investment if buying today. Shares can re-rate just as quickly as they can drop and any signs of the above happening and you will kick yourself for not buying today.

I admit you need b*lls, but these are the times when you can really make money in the markets.

7% of stock to be bought back.

Good times ahead. The only thing I would say is why update on an IR decision day.

Good luck all

Its slow going isn't it. This share is so different now. Once a 4% down day would only have happened after serious news. Now its just whatever way the wind is blowing. I guess thats a heavily shorted stock for you. I actually thought a sunny weekend would have brought some sales in and given some optimism, but then again were people just sitting in the garden instead of buying online. This share has been in a slow decline for over a year now. I feel all your pain. No option but to hold.

We are in for a long hot summer and with all restrictions now eased, expect a massive influx of sales. The volume in crease should offset and % margin reductions from costs.

Boo will be reporting a much better quarter and put the legal case to bed. Shein are soon going to struggle even being able to sell in western markets with the Geo political situation.

Short sellers throwing everything they have trying to stop that £1.00 breach. IT WILL HAPPEN!!!

Long live Boohoo!!!

I am so pleased to see there are still 6% shares left to be bought back and we are at 90p. I thought it was a good rise yesterday, but not 6% share buy back rise.

So between now and September all will be bought back and we will be at £2.00+. best news of the week.

Well done everyone for holding this week!! Enjoy a beer or two.

This does not include NoFear, Melissa, Pedro, Max, kallu, Jongle, who are the same person with too much time on their hands oh and Peoplepower because hes a b*llend

Peoplepower1 - STOP posting about wars in other countries. Yes, we are all sympathetic, but this is a Boohoo share chat. You are a very strange person and not to be trusted.

Anyway - Vague, but saavy RNS yesterday. Good to see things are inline.

There are still some shorts with ammo left so will still be rocky, but just wait till summer and the US distribution. If we hit anywhere near the growth levels of the previous years this will re-rate very quickly.

The price of oil and inflation will have to be addressed so expect this to ease this year. Costs will stabalise for Boohoo.

Keep holding guys and ignore the posts from one person with atleast 10 logins

Chancers. Sadly I think this could well be the case.

The strategy is, load up today even if it it loses you profit for the day to unleash tomorrow morning.

The effect is to have a huge exagerated sell first thing. Spook all PIs into selling. Then cover late afternoon.

Will be a very scary day and I hope I am wrong.

Being realistic December, Jan, Feb wont have been good? Why would it? So not expecting much.

The main thing in our favour is that the mcap is so low that it cant get much lower.

Its painful being a Boohoo investor isnt it.
Never stop learning in the stock markets.

Ok, so 50p seems to be where people are calling the bottom, but the rate of the daily falls is very worrying now. I just dont know where it will hit. What i do know is that if its hits the 40s people will be doubling their money a good few times back to £3.

I think Norges have loaned to MW and MW got the price down so Norges could buy more.

All will be long soon. The Mcap is getting to the point where anyone will be able to buy the company.

Getting tiring now....

Holding firm with no choice

Good call from Boohoo regarding Russia. Need to be clean on PR and its the right thing to do.

Look... the trading update on March 10th is not going to be good. Why would it? Since the last update it has been a terribly hard few months of Trading, I would probably say it will represents Boohoo's worst possible time since IPO.

However, its not about the end of 2021 and early 2022. This was a very unique situation. Its about Boohoo's real value vs the current share price. 78p does not reflect Boohoos progress, growth, sales, profit and most importantly its future.

Short-term guidance will still be not particularly positive, BUT you come back in the summer when Russia has settled down, when Covid has retreated, when holidays are back on the agenda, when the US warehouse is on its way, when life basically returns to normal oh and lets not forget when the Hedge Funds have moved on, this will be a completely different story. Any sign of growth back in the 30%+ range and money will come flocking back to this. We will be back above £3.00 EASILY. Boo is being irrationally valued and manipulated at present.

Don't expect fireworks next week, but dont be downhearted either. Wait it out...

This is exactly what they want; to exhaust the longs. Letting us see a rise only to sell back into it. They try to play with our emotions.

If they borrowed more shorts yesterday then its more to buy back. I feel they are really backing themselves into a corner now.. Someone has to blink first...

They didn't like it over 90p did they. More ammo being used up. Almost 6% to be bought back. Should take us to £1.50+

Cant be long now

Nice rise today. I wonder if its some closing as we get closer to the update just to secure some profits.

We are getting closer to the update and hopefully the turnaround. Everytime I see a rise then late afternoon they shoot it back down again : ( hope it doesn't happen today.

Keep holding all!!!!

Whether there is a buy out or not, we should not be under £1

My concern is that if we start making losses and that is a possibility given margins and costs then that cash pile and zero debt dynamic will start to change.

Having said that, debt is not always seen as a bad thing and plenty of companies operate efficiently with solid share prices.

I just hope we have a decent spring and summer where we see sales growth normalise globally and even if margin rate is reduced perhaps we'll see more free cash for boohoos ambitions. The foundations are nearly there (brands, product, workforce, esg improvements, logistics) we just need life to return to normal where people buy clothes to go out, holidays, work, leisure, events. The new brands havent had a chance yet.

If covid f's off, which it looks like it can then this will be the first summer with zero restrictions for a good couple of years.