Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hahaha I can see it now! Get the matching ripped Adidas trousers and dog-**** soaked pumps to complete the collection! Mark nah better with boohoo because their audience is perhaps slightly older than PLT (18-30 boohoo vs prob 16-25 PLT)
I think it's a stroke of genius Mark... I've read the whole article (I'll post a link for anyone who hadn't read it yet), and this is a much bigger collection than the Zendaya edit (which I also think was genius). There is 70 pieces to it, and all of it was co-designed with her. She's also shot weeks of video to show, and will be actively promoting the brand and the range throughout summer- fantastic news! http://wwd.com/fashion-news/fashion-scoops/paris-hilton-codesigns-collection-with-boohoo-com-1202697743/
Guruofnothing go check the PE-ratio of Ocado.... it's currently 500. There is no such thing as a cap on valuations & to suggest as such is clearly nonsense. And I think if you check the FACTS you will find out that boohoo has had valuations of well over 100 just within the past year or so. 160 in March/April 2017, and 115 in June & September. These are FACTS- not guesswork & rumour
Guys check this out- Boohoo launching a collab with PARIS HILTON!! This will move the dial again.. http://wwd.com/fashion-news/fashion-scoops/paris-hilton-codesigns-collection-with-boohoo-com-1202697743/ Now I believe this WILL impact the share price tomorrow!!
Dunns who knows lol. I think either way there will be a lot of volume- probably close to 20m trades for the day. I do think it will finish up, but maybe only 4-5p up around the 218p level- would be great if we can break 220 but let's see. On Tuesday I have a sneaky suspicion it will fall 10p on open, and then hike up 20p finishing up 10p, but again who knows & very dependant on the actual update. If it's a cracker, Canada may be forced to close adding 50p in one day
Yep, and getting them to pay half the setup costs is even better! No idea exactly how much the fitout will be, but it will be an absolute fraction of the estimated £150m they were gonna spend on the supersite- probably more like £2m, which at 50% means a capital outlay of just £1m!
Understand what you're saying, but in all honesty it would just cannibalize sales of the other brands- that's why they've retained the team in the US, so that it retains its distinct image, design & point of differentiation
Inferno, in terms of Nasty Gal I know as much (or as little) as anyone here... what we do know is that the brand once turned over around $300m back in around 2013/2014, so it has the potential to be huge. In terms of demographics, I believe they aim to be slightly outside the mainstream, and 'Edgier' with their looks very rock-chic, vintage-with-a-twist and retro cool, so my answer is yes it is a slightly different market, but yes it can replicate PLT too because we know it has done in the past (althoigh im not necessarily expecting the growth rates of PLT because they are exceptional, I reckon NG will contribute £50m revenue give or take this year
Classhero a good question, and one that I bet everyone here knew the answer to! I've done some analysis based purely on PE-ratio combined with my own (conservative) forecasts. Over the past year the highest in-year PE-ratio we have seen is around 160, but this was just before results the previous year when opinion was strong. The highest point it got to consistently after that was 115 which was at points between June & September. If we apply that to our new 'basic' EPS of 2.78 then that gives us a guide price of around £3.20 as a 'maximum' theoretic price this year (despite Basic EPS being a negative view, adjust EPS of 3.3p is the more reasonable measure as it excludes 1-off costs). So let's say this year the highest the share price could hit is £3.20. On that very simple basis, again using 115 as an in-year max PE-ratio, and applying it to my (conservative) forecasts for basic earnings per share in this current year of 3.5p, that does get us a price of £4.03 per share next year sometime.... so much can influence that though, and my view is that to achieve £4 per share next year, they have to report 4 sets of 'perfect' results- hitting all metrics and exceeding growth & earnings forecasts, or buying out a competitor, bringing the automated warehouse online earlier etc etc. So that's my answer- the earliest we could see £4 per share is next year sometime
We already know they had a cracking Mar/Apr because they gave a really strong forecast in Apr results at the end of the month, and with the hot weather in May, plus the excitement around the Meghan lookalike dress, the Pepsi laugh etc etc, along with increased customer spending, they will have killed it... that's why I'm not selling a single penny before results on Tuesday!
Lol you're such a lamo Jambon! I hope you slip off that beach-view barstool & give yaself a sore bum! JK hope you're having a nice time bud! Chancers never let the wife clean the motor- she probably doesn't even use the right rag!!
Shattered- spent the whole afternoon cleaning & polishing the car. Interior vaccumed & had a rag over it, leather seats cleaned & polished up with leather cleaner. Exterior washed, alloys scrubbed & tyres shined. Haven't even had chance to polish the outside yet :/ bet I'm working harder than you Jambon :P
Inferno I've given up trying to guess the sp lol... in my view though at this level there's plenty of room for growth on a decent result. Im not expecting anything spectacular on monday- maybe a finish closer to 215-220 but can't see it closing above 220. But what that does mean is that with a solid Q1 performance, a revenue forecast increase (And EBITDA reiteration), and maybe some warehouse news thrown in for good measure, I can see another jump on Tuesday upto 230-250 depending on how good the results are. I think the market will want comfort from this update that they are on track to deliver the numbers they're forecast to deliver this year. For me that's Q1 revenue of £185m+, And EBITDA reiteration of 9-10%. Want to see gross margins holding up as well now, although I've forecast a tickle down for Boohoo brand, they did say they didn't expect much change to GM now this year when asked in April Q&A. If they've somehow managed to hit £200m revenue for the group then the exciting thing is there's an outside chance of £1bn revenue this year!