The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I was chatting with someone a few months ago who is a personal friend to the boss off boo, he asked a question on my behalf regards concerns about the shorts, the reply back was, they are operating a business, they make money when the SP is going up and they make money why the SP is on its way down, his main concern was running the business and trying to get everything right after covid but since then the war had happened
Interesting article on shorts if the link works https://www.sharesmagazine.co.uk/article/why-do-fund-managers-lend-stock-to-short-sellers
Infant= infact lol.
My understanding of short selling, the shorts should have zero shares left because they sold them all on the bell Thursday morning, so even though it's showing under 8%, Infant they need to buy back 8% worth of shares so they can hand back to the broker. What I have seen is Marshall wace selling and buying over the last year well under 1% and I believe that nords bank are the supplier of the share's. That's my understanding, correct me if I am wrong
Boohoo shareholders objected to a new program that seeks to pay a bonus equivalent of 200% of salary to co-founders Mahmud Kamani and Carol Kane, Chief Executive Officer John Lyttle and Chief Financial Officer Neil Catto.
The proposed new bonus plan is on top of an existing program, which could result in a £150 million ($183 million) bonus pool for managers including the co-founders. However, it is unlikely to pay out as it’s linked to Boohoo’s share price which has never fully recovered following a labor scandal in 2020.
Influential investor advisory firm Glass Lewis & Co. previously advised Boohoo’s shareholders to vote against the retailer’s remuneration report and “excessive” bonus plan.
Boohoo said Friday that the board will “reflect” on the protest vote and continue to engage with shareholders.
Who is going to read all of that lol end of the day, it's only a paper loss, today many will be told that they have cancer or that a young child has died. In the scheme of things, more to life than money and boo will come good one da, maybe in 2025 ... Who knows... Have fun
CEO must go, no skin in the company, no commitment, needs to go.
Hope the fuk etz burn in hell lol. They may try and dump shares at 8am. Marshall wace have added a few
Just like old times helx, noted that captain ramper is still in hiding.... Would I invest in bids again, no chance , he ruined so many lives at Xmas and effective them big style.
Wow is bids still in business... Noted all the ramping on twitter from the trader's trying to get the life support machine working. IMO, this tech is now outdated and if it was going to take off, the SP would be well up.
This company will haunt James ramper to the grave and so it should after ramping the share price before selling a load of shares.
His famous words, the SP will be 20 times 3O odd pence.
Who has rattled your cage jongle, hit a nerve lol, well if and it's a BIG If that you have bought shares in Boo, then I will say sorry to you,. But after saying that, how many hours have you wasted on here this year. For me, it's rare that I even look at LSE chat these days.
Boo is like all other shares at the moment unless you have shares in the likes of BP, most shares are down and we are still in a bear market
BTW, you know it's a red day just by looking at the number of posts from jongle and co
Same here daytradernovice, I have got to know some good people over the years from LSE chat and we have our own network of people and have met people from the chats, one thing for sure, LSE chat isn't a place to communicate with people anymore, to many trolls working for brokers/ shorters in here. Who would spend their quality life posting in a chat when their not invested in the company. Loads of people steer clear of LSE chat just because of trolls. Such a waste.
I think a lot of trader's are rinse and repeat while long term holders just wait for better times if they come. At the moment, I am refusing to average down , simply not worth it until we can see better times a head, agree with SCB, to much money spent on other brand's. IMO , it's about time the CEO resigned
The only thing that I want to see buying is the CEO getting some skin in the game, otherwise F off and stop running the company into the ground since their s no proof of buying these brands are making money. I know the reason for buying brand's, it's to stop others from buying the names and most importantly is the data base of customers.
trading4good, Just to say thanks for your continued contribution on the board defending the true shareholders and not the ones involved with the shorts
Regards Norges Bank , Fancy them working alongside the shorts loaning out the shares to short Boo. That's the impression that i get. Would have thought better of a company based in Norway
One thing is for sure, their isn't going to be any takeover of boo with kamani selling part of his holding. Only RNS that I would welcome is that the Ceo John Lyttle left is post. , He has been a disaster for the SP with bad planning, buying yesterdays brand's and not forward planning on the outcome of the pandemic. Agree with SCB
Credit Suisse cuts Wise price target to 640 (800) pence - 'neutral
You have to laugh at the ramping going on in here. Company making no money, another placing will happen during the year, CEO , not seen in years . Anyone buying into this company must be gambler's.. it's not a investment, not under dramper
Largershandy, not bitter, just realistic. People have been ramping this stock since IPO and they will still ramp it, anyone remember how do you like your toast in the morning question by the bidelievers group, how the mighty fell .