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“Because you tried the sleight of hand trick, in implying that being in line with guidance is somehow considered alright.”
confirmed being inline with guidance is “alright” when this boards been hit with nonsense about being worse than guidance, was my point. we now know roughly how theyre doing. dont twist my words - they are within guidance, not below it - its not fantastic news but it isnt bad, and its what we were expecting
the guidance was cr@p - yeah we know…..and? we know why the guidance is cr@p too. but we know it remains cr@p and not utter **** lile some would lead you to believe
At least it puts to bed all the “it must be bad if they wont provide an update” naysayers - we all knew that no update meant it was inline with previous guidance, and now its confirmed.
I for one am very happy with the cfo change, this guy has a good track record. hopefully he will work wonders for boohoo and the city sees this as positive too. should be a blue day imo
Re: why merge when theres no USP because they are too similar.
I worked for a big highstreet gaming company in the uk when they merged with another uk highstreet gaming company a few years back. they had exactly the same business model and town by town - the exact same customers so from the outside it made absolutely no sense why they would merge. I later heard that they done it because my company wanted to hire a load of “experts” etc, and they were going to make the other company pay for them, and they were also going to replace certain mechanics for thier own cheaper (yet better) ones. I know its different companies but my point is there can be many reasons that from out the outside we small investors just arent privvy to.
personally I think a takeover is more likely than a merger, but never say never
No it doesnt, it means theres nothing worth updating on - ie its within guidance
Obvious troll.
costs are coming down, revenue is declining through streamlined decisions (nobody wants unprofitable customers). with the economy as tight as it is, you really think young people care about sensational headlines? no chance.
I dont think its plain sailing, but 100% boo will weather it to growth again
No doubt we will tank 10% on this non-news, and the rest of the lse will inevitably be a +ive day.
Bbc really has it in for boohoo dont they. shame they werent as thorough with thier investigations into thier presenters. whats this, the 3rd? 4th? panorama theyve done on boohoo in as many years….
Theres isnt one penned on the investors page but lse has it down for the 18th? is that just a guess by them or did boo actually say there was going to be one?
https://www.lse.co.uk/news/uk-earnings-trading-statements-calendar-gvs4fva0tmpbiu6.html
Most of the market has been dropping since new year….this isnt boo specific, unless you think boos update will be THAT bad it will affect the whole LSE ofc, which, never say never, but i doubt it
Theyve been wrong 3 out of the last 5 trades, and 5 out of the last 10. so 50/50 chance really, we could all do a 50/50 chance prediction on a share today. about as useful as a broker rating imo
Sounds positive imv
https://invezz.com/news/2024/01/09/whats-going-on-with-the-boohoo-share-price-in-2024/
They changed the targets AFTER the sp tanked - meaning investors knew where the directors were aiming for in terms of the sp. for any new investors it was basically a “we aim to double your money by x date” imo rather than “screw you”
I dont like when it rises like this, because its usually followed by a pullback. so it presents the choice, do i sell part and average down when it pulls back and potentially miss a good run by selling part….or do i just leave it on the chance there isnt a pull back 😩
Boos doing better in the past month and ytd than asos. nobody love them either?
scream good black friday till the cows come home, sp wont budge until its shown in black and white in the financials.
umar? mahmud! mahmud buying would help, at least show confidence to the city anway.
i agree rampy posts get a bit rampy. we are at the bottom of a difficult few years imo, this will come good just may take a bit longer. shouting “youre wrong youre wrong wah wah” clogs the board, it wastes your time writing and our time skipping past it. if you have solid figures to show one way or another please post, otherwise can we just keep toys in prams
….perfect timing there mate 😂
You could also say the mcap of boo is almost the same as asos yet asos sp is 10x boohoo. can look at many numbers many different ways and bend them how you like i suppose
Thats a 10% gain L5….whats making you think that?
Because thier companies (namely gamestop) was more than 100% shorted, which doesnt make sense, so when they orchastrated the buying, the shorts were royaly fudged trying to buy back.
we simply dont have companies in the uk that are shorted that much
While they can get it wrong, tbh its thier job to study markets, make educated guesses etc, while we can do our best I doubt anyone here sits 9-5 studying markets and algorithms for sentiment, they are likely privvy to info pi’s dont have too. they are going to be correct more often than a pi, lets not forget emotion also comes into our own money too.
if uk cpi in the morning is not flat or decreasing, the sp is likely gonna head south and the short makes money again. tbh its just a game of cat and mouse at the minute, rather than trying to beat them im just selling the rise and buying the dip trying to increase my position for when the macro does finally subside. sold some today on a 4% rise, will buy back on a 5% dip in the morning, or sell some more on another 5% rise and wait for the rinse and repeat.
each to thier own, shorts arent going anywhere soon though imo. gla