Member Info for streets36

Huge turnaround on the cards!!! £2.50 by Black Friday.

thank me later

Kallumama and Pedro61 = Same person. Just trying to come across like different people.

LAST CHANCE!!! Double your money in 2022.

Thank me later as the derampers say

Marshall Wace using fresh ammo to test £2.00.

Imminent director buy coming in
Imminent closing of the short
Imminent settling of the Legal Battle
Record Breaking Black Friday coming
Shein soon to be exposed
No queues outside Primark anymore
Cost pressures to ease
Cautious recent update looking to surprise to the upside
Revenue was still outstanding

Expect extreme large swings to the upside!!! £2.50 coming soon

Its the EXTENT

Urghhh.... I don't think this makes for great reading tbh. As positive as i am on boo all i am seeing is costs, costs, costs. unchanged guidance . Boo really are at the 'growing' pains stage where it had its growth acceleration and now needs substantial investment to keep the ship moving. I am hoping some of it is priced in, but expect fall to £2.00 in the next two months. It wont go lower than that though. Only positive is our p/e (comparitatively)

Dan, thats about the 5th time you have referred to that....

I think you have me mixed up with someone else. Someone said they were the "guardian of the new investors" . Not me. Dropping below £3 became inevitable.

Sell off into the close. Marshall Wace offloading ammo to cause fear and exacerbate any drop in the morning or to close at the lowest they can get. Also people who were bitten by all of the recent updates where the price dropped.

What I can't understand is why you have all entertained Kallumama on a daily basis, who has made it his agenda to steer the whole conversation to Boohoo vs Primark. Just look back at how many posts hes done EVERY DAY and you all just let it dominate the board.

Obviously Boohoo are not immune to the 'headwinds' as are all retailers Macro and Micro, but given where the price is and having the most favourable P/e its has had in a long time any meeting or exceeding growth targets will be a positive for the longterm view. How the market takes it in the morning is another matter.

Expect some caution from the Board, but the outlook will be on track?? This won't ever go under £2.00, you can quote me on that.

Imagine another year of meeting growth targets and still being around £2.50?? Think any institutions would ignore that return on equity??

Someone said i was 'unambitious' by hoping for being around £3.00 by now.....

That would have looked pretty good in my opinion.

Ignore the same people deramping with multiple aco****s, they come and they go. Remember why you invested in the first place.

Prediction for tomorrow morning = initial jump to £2.72 then fall back to high £2.50s. Tail off to low £2.00s in the next couple of months then a turn around in the charts into the new year to be above £3.00 by March.

Its painful I know, but just bung it in a SIPP if you can and hold on.

Operating costs will ease eventually, its more inflation and interest rates and the effect on purchasing power you want to be cautious of.

See you in the morning for the inevitable rollacoaster :)

Its the same pattern over and over again, positive rises met with a shed load of sells. Its Marshall Wace again and again. I mentioned in a previous post that the last short increase was going to be used with maximum impact up until the results day.

The key concerns are what is their target for closing and when. I suspect its going to be £2.50 as they will be met with some resistance there and will most likely close a couple of days before the results. They don't normally like to hold into them especially with the profit they have already made.

Not sure they can take all the blame though as equally, we don't have enough volume and buying power in the opposite direction. Another key question is what will it take for that buying power to come back into Boohoo????

- Exceeding targets? (doesn't seem to be convincing the markets)
- Transparency in the supplier list (Media will just pick holes)
- New acquisitions or entry into new markets (perhaps, just may take a while)
- Buy in from Funds / Banks etc (well we had a recent one and it did nothing)

So not sure what it will take to turn it around. All I can suppose is that we have to wait for the share price to drop to levels where its p/e becomes too hard to resist and the technical start forming a chart in a positive up trend. The other issue is that at these lower prices people will be taking profit at various levels back to £3.00 and beyond and will drastically slow the progress.

Feeling a bit negative on Boo, but too underwater to pull out. Sorry for the rant, but just don't see much light.

Let's be honest this isn't the results build up anyone was expecting....

That's why I said £3.00 would be a welcomed progress. Still a few weeks to go I guess, who knows maybe a sudden earnings upgrade will come out or some other miracle to get this moving.

In the mean time there is lots of Crypto on sale to trade at the moment if you want to make a few penny's whilst this drags on.

BTC, ETH, ADA, Solana..

True, but i wonder if they are PR exercises to instill confidence as opposed to conviction on the Directors part.

Having said that, I am confident in Boos future, but its just like wading through Mud at the moment.

Yes.. they have.. they have had Billions wiped off the share price and a ruined reputation that they are struggling to re-build?

I think its more of a sustained attack on Capitalism from a Left Wing Woke news outlet.

Interesting, I suspect that buy back was a bit of a 'test' to see what happens if they close a small amount and if you look on the day there was a bit of a spike.

I suspect they will be planning on when to close and go long to profit from their own short in the other direction.

Expect them to really sell off next week to get it as low as they can to hedge against any potential results build up. MW have had a complete monopoly over this share the last couple of months. Its been the perfect opportunity for them.

Someone mentioned £3.00 was unambitious before results day. I would personally be very happy to have made progress back to that level. Looking at the price today do we really think it has the potential to be above that? I HOPE so, but am not sure. Time and time again results days disappoints, but at least this time we are going into it with out such a high P/e.

Not sure about any other holders, but I am a bit bored and fed up with this share now, but have too much tied up in it to let it go.

Did anyone read the Molly Mae article on the BBC website today? Every time there is Boohoo news they always take the opportunity to remind readers about the slavery scandal and environmental concerns rather than focus on the current news. They highlight 'received alot of criticism' so you click to an old article to sway the narrative. The also showed a tweet from Gina Martin saying 'It was revealed they paid their Leicester workers £3.50 which is slave labour'.

This implies that EVERY worker was paid this and that Boohoo were totally complicit and completely in control of what they were paid and not the fact that they were third party suppliers. Yes, Boo needed to Audit better, but the nuances of the language used here are important in informing peoples views.

Fingers crossed for the tide to actually turn!

Anyone remember Peoplepower the filter King?

Wonder where he / she went in the end and if the Million + £ they had was true.

I am surprised this news didn't send the share price further upwards tbh MW will still be piling on the sells day in day out. I REALLY hope they get burnt on results day.

Another poorly written article from Crispus Nyaga. He says it could go down to £2.50 or up to £3.00 so there's your deep insight into the share price forecast.

I am hoping to at least be above £3.00 for results day.

Any rises just get shot down with sells. V frustrating.

I am amazed that MW haven't covered yet, but they may need the volume on results day to close out.

Come on Boohoo do something that will ACTUALLY make the share price go up!!! We've had the drop now.

Just been nice to see a string of green days.

I hope Shein gets the scrutiny we got.

Size 10 woman, 21, vows to boycott Primark over retailer's 's*** sizing' after not being able to fit into size 14 jeans

This is SO TERRIBLE!!!!!!! There should be a $100 Million Dollar Lawsuit over this.

Primark should be closed and investigated!!!!

Because some guy bought a few polo shirts and grumbled about the promotion. LMAO

Read your post back, its mental!!! lol Where did the bit about the Taliban come from? lol

Boo have and are doing their best to clean up Leicester. They cannot Audit every second of every activity in these factories so there will be all sorts of stories coming out from people trying to earn a buck and people with vendettas.

This lawsuit will blow over
September will yield good results
Few more acquisitions before the end of the year
Press are sounding boring and repetitive now
Shoppers will get back to shopping online as the norm
Bumper key trading period up to Xmas
Director buys ins coming
One off Dividend coming for loyal investors

£3.00 by September
£3.50 by November
£4.00 Jan posting the best Christmas Boo have ever had with the pent up demand for Christmas party's and all the gifts from Debenhams

In the words of Yaf whatever he calls himself 'Thank me later'

Couldn't agree more!! Some random guy buys a few polo shirts, moans about the promotion then its a $100 Mill Law Suit? Its mental.

They will be looking to get some sort of settlement so Boo will be weighing up whether they want to save money (Settle), but admit they were in the wrong or risk spending money and losing and still getting called out. Tricky one, but my god its one thing after another isn't it and I really feel there is a coordinated attack on this company.

How did that Sky news article coincide with Mahmud suddenly having to give evidence, Amazon numbers, US growth numbers, China market issues all sprinkled with a bit of Marshall Wace selling off in the morning and here we are.

Last year there was a real appetite to buy at these levels. Seems more muted this time.

However, how many times have you felt like its the end of the world when it drops like this only for 6 months later it to have completely reversed and you think to yourself, what was I worried about? why didn't i buy more??

It just feels uncomfortable, but your future self will thank you for it.

Boos time will come again, just let the circus of the markets rotate.

Kallumama - Surely you can admit that the trend for the last 10 years has been a decline in High Street sales / footfall and a massive shift in Online market share?? ( I worked in retail marketing and watched the sales shift week by week).

A little bounce for the HS after a pandemic was inevitable.

So are you really basing your investment decisions not based on a 10 Year Trend but a couple of reports saying footfall has increased for a couple of months due to the relaxation of Covid rules? Doesn't seem wise.

Its also very suspicious that your posting has upped abnormally in the last few weeks as the price dropped from £3.00 and this whole forum is now just posts from you and reply's from people taking the bait.

For anyone new, this is the weird thing about forums in that people think they can influence a share price or get people to sell and buy their backed share with their posts.

I GUARANTEE they will go quiet when the price stabalises and rises and you will all think why did I waste my breathe.

The Boohoo share price WILL be back about £3.00 soon enough. Let the games play out.