Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Re: Boo's India expansion
This is a massive expansion. 1.2 billion population. Potentially the biggest market.
Shein will not do well in India given the very poor relations between India and China.
To propel itself back to 35% growth Boo should shift all production to India, ****stan and Bangladesh. Labour and production costs dirt cheap and no idiot protesters on £10.50 per hour who are still not happy and are unproductive. Think of the gross margin increases if Boo was to shift production to the sub-continent.
Go Boo.
45p here we come.
What time was the 1.4m buy alluded to Level5?
I agree the shorts will start to run quite imminently.
Oculusprime - Sorry for that typo was meant to read £1.00 not £10.00. Thanks for clarifying. Great news overall though with this strategic investment from Boo. I'm sure all RevB holders will also be ecstatic.
I've read today about a couple of Aim listed companies going private. Maybe RevB might well do so, given the knocked down share price and costs associated with being listed etc. I'm sure holders will get compensated appropriately by the board.
In any event onwards and upwards for both companies.
Paulleydee - good post and I do agree that Beauty sector is massive and Boohoo are getting a great value investment bearing in mind RevB we're over £10.00 per share not long ago. They probably paid around 20-25p (unless I've missed the price paid disclosed) per share and 26% is a very sizeable stake which will carry alot of influence on the board of RevB I'm sure. If RevB can sort out their auditor issues then this will be huge value added to Boo IMHO.
Bear in mid margins in beauty sector are significantly higher than fast fashion.
BOO share price should be shooting up to 60p by mid-december.
Load up time now at these bargain prices.
Most of shares affected by COL are up big today and Boo is leading the way! Load up guys with bad news out of the way.
Oil has dropped over the last 6 months from a high of $130 to $85 today. Gas has dropped even further by around 80% at todays price. October was always going to be bad with the rise in energy cap. Hopefully should see inflation coming below 9% in December. All bodes well for Boo sp and demographics.
Since hitting 56p a week ago (Monday) we've had a fluury of shorter funded negative press. Motley fool numerous articles, stupid corrupt broker ratings who've not commented for years suddenly decide to issue articles after articles, fake The Times report to drop the price to 36p so shorter can get out or at least all corrupt practices. Not to mention the dirty rats coming out scavenging when the price drops.
Keep the faith LTH don't flush your money down the loo and sell at these prices. We will be back at 50-55p range before you know it.
No need to panic. Sp fall was squarely down to 2 misfires missile dropping into Polish / Ukr border region. Things seem to have settled down and no major repercussions from Nato and Co. Might actually help bring an end to the war rather than escalate it. Back into 50s tomorrow.
Chin up all LTH.
Kheldar
Agree with your comments.
CPI report illustrates inflation has peaked last month.
Will definitely see 50p today and heading towards 55p by end of tomorrow.
Boooommmm
Watch out for the day traders on here, boost when they buy and de-ramp when they've sold, to try and get in low again. Dirty scum. Long term holders are probably happy enough with the 15% increase over the last 2 weeks. Long way to go before we break even so 2p here and there doesn't really have any effect. Obviously day traders rely on the 2p up and down. Some desperate to get back in as sp maintained 45p rather than fall back to 42p range. Personally I think if we get into the 50s then we will see the shorts reduce and also more likely to hit 60s from there rather than fall back into the 49s.
GLALTH.
DYOR.
I think we will see the 50p barrier breaking very soon, possibly Monday. Load up while you can.
Please can there be some Asos knock on effect on Boo. Asos massive rise today up nearly 15%.
Kindness:
I hope it does impact Boo. Asos shot up 12% as we speak!!!
Spelling police - I hold my hands up as it's late.
The likes of JP Morgan, Norges, Citadel, Jupiter, TJ Rowe etc. are all going long with circa. 5% ownership of Boo each. They're not here for dividends or back hand payouts, they're here to multiply their investment I would say at least 2 fold. So 40p to 80p as an absolute minimum I would hazard a decent guess.
Guys who have holding long just bear with it. I genuinely think the worst is over. It may take a wee while, 3 to 6 months but after the Xmas trading update I expect to sed this at 80p. What you do then is your choice. Long term recovery probably 2 years we will be around 200p IMHO.
Don't let the scum shorters rob you in daylight. Oh they're will be bumps on the way. Just don't panic everything you cross a pothole for God's sake.
GLA LTH.
It's funny how the rats go quiet on the sp rise and come out in their droves on a fall.
Come on Boo!
Great stuff Uncle Doug!
Bit of daytradenovice own medicine!
Thanks for all your positive posts today guys, good collective effort. T4G is always positive and good honest commentary on the upcoming Asos plc results.
About time we get our board back from the sewage rats!
Rats I'm a long term hold. Might take 2 years but it will break 100p. Short term fluctuations will occur but with the wider market battered it's not share specific
Usual sewer rats are out now, took their time today as the sp is up 3%.
LTH don't get sucked into the negative advice and lose your money.
Sit tight and hold, long term recovery will come. 40p + coming soon.