Member Info for Thunder2040

The last few weeks has seen a deluge of negative news articles for Boohoo, from work conditions, sales tax, owners' behaviour and more. I have to say it seems fairly one sided. There has been so little made of the bull story here, in that the business is taking massive market share and growing on two continents in a pandemic. If you are looking to park your money somewhere, I fail to see how this isn't a good spot. It's actually cheap based on historic valuations of sales growth to price multiples. Also on a £10 dress, 2% tax would be 20p, which I expect could be passed on to the customer with little impact on demand so what the panic was about this morning I do not know. I feel games are being played here.

Come on little lemmings...come bsck to papa

Heading straight for the cliff..can't say I am surprised this board is full of mindless chatter half the time. They will be shaken out.

Put out a 'buy' rating on Asos today - funny that, in no way influenced their Boohoo note today...yeah right. Also, Shore Capital were negative before this story even broke...no surprise they still are! I put this too you, with Boohoo, this is a vertically integrated fashion designer and online retailer with a high growth proposition in the most fashion sensitive demographic segment. The addressable market in USA and Europe dwarfs the UK! They will absolutely crush these rumours/press articles about labour and move forward. Buy and hold. Do not listen to any of the mongers on here or any other forum. We are witnessing creative destruction of the global bricks and mortar fashion industry and this is the horse you back to win and dominate the new model.

I sold out this morning, there is real weakness in the HGM price atm, and I was not willing to wait it out. I bought some G4S instead. Goodluck all.

Forward p/e seemed to be about 6 pre covid, looks cheap here, expect this could re rate significantly.

I thought about it, and am now certain it is one of 4 things:

- Sanctions between UK / Russia somehow impacting it - the p/e is insanely low here vs Centamin - why!?
- Lower production vs last year (despite this being inline with guidance) -less convinced by this theory as there was a rise on announcement of Q2 trading update, was just sold into
-Further liquidation of large stake by the seller that TR-1'd earlier in the month (most likely)
-Debt/covid jitters

I mean, theoretically, this will slide down to a point where the wider market just swallows the seller's stake but at what price that will be I do not know. Very surprised there is no broker coverage, only found this on Investor Chronicle really (they have it as a buy). I guess patience and trust required, but on AIM that sometimes comes at a high price - more frustrated at missing the gold bounce. Hopefully when seller clears the price will re-rate, so could actually be an ideal time to buy in if nothing untoward is occurring. GLA

Still dripping lower, I mean, what is it with this share at the moment - very frustrating. Feel like price will be punished on any gold price pullback despite it not rising on the way up.

Join the dots, its always worth questioning why the price is going the opposite way to where it should. There was no rerate here since the POG rose to $1800 - and that was after the large spike to £2.80 earlier in the year.

If a billionaire needs to sell such a tiny value stake to cover margin then there is something wrong. I feel like there is some other reason for the disconnect, but not sure I will find out anytime soon.

Some serious selling going on...question is why?

Auction? ;)

12.30pm mini budget - hopefully get some decent news for the pub sector

Seems to have decoupled from POG

Doyzee - if they were not going to do it they would have said so in that RNS. I advise just keep some cash in reserve so you can participate and all will be fine..its just the short term dilution of the placing that prevents me diving in, I would buy at any placing price they announce.

Should also add that I think long term holders will be fine here, its just frustrating for new entrants and the like.

Doyezee. I would say this, I think they will do a placing and the RNS was to try and arrest the share price decline after news leaked so they can raise at a higher price. Cynical view but that is what I believe.

Yeah, no doubt at some point this will be a buy, but JP Morgan but odds of a raise at 75% when they downgraded target to 190p. I think its a good company but really management need to have a look at themselves with that slap dash Friday afternoon RNS - this is FTSE 100 not AIM.

Go easy on the buys, will be all over the press over the weekend and the right time may well be results day. Keep some powder dry

Ridiculous RNS, we might be raising funds but position is strong...nonsene