Member Info for Toffers

when will this govt finally get what it has done? companies delisting from the stock exchange in droves, companies moving out of the uk after the brexit hammer finally fell, consumers having to pay higher prices all round for everything, what's economic or competitive thats left for the uk? nothing, sunak and his cronies have closed britain and its isles down, most companies now have a base in a tax friendly regime, kamani and his family now spend most of their time in dubai, no one can be ****d with the high taxes, and high inflation that the uk continues to deliver. sunak now talks about offering tax incentives for people to stay here, but it's too late, he's offering it half heartedly after the horse has bolted.

the kamanis offered employment to leicester and beyond, in areas deprived of the chance to work, and in the end, this hapless govt forced the business to close the factories and put people out of work, who then become onerous on the state for benefit. why is sunak and this govt so so short sighted? don't even answer. they've closed the uk down, it's no longer open for business, and anyone with any sense will move their operations out of the uk. my views.

“For us to move out of Leicester, it’s very easy for us to take all our production offshore,” he said. “Lots of people in the fashion industry have moved offshore. We are still here and sometimes, sometimes, it feels like we get punished for it, just sometimes.”

With concerns among campaigners and industry sources that Boohoo was looking to move more of its supply base abroad, Kamani did not answer directly whether he had been looking to do this."

source: The Guardian 2020

who could blame him if he did? The Tories have driven all manufacturing businesses out of the UK. Brexit sealed the fate, as the import charges to get materials in to the UK has been a crippling cost for many.

"The group is now well positioned to return to growth, and we are focused on ensuring that growth is both sustainable and profitable. We will host a capital markets day in due course to provide more detail on our strategy, key growth drivers and the longer-term outlook for the Group".

source: yesterday's rns

"return to growth,"

"The group is now well positioned to return to growth, and we are focused on ensuring that growth is both sustainable and profitable. We will host a capital markets day in due course to provide more detail on our strategy, key growth drivers and the longer-term outlook for the Group".

source: yesterday's rns

"We have a highly loyal customer base and throughout the year we remained focused on maintaining our position as an industry leading, fashion-forward group with brands that deliver on-trend, high quality fashion at great value prices. The strength and diversity across our core brands means the Group is well placed to serve a global customer base across fashion, beauty and home."

source: yesterday's rns

Not so superhero sam reported, contributing nothing of worth, clearly is shorting and not invested, and appears to be rude with it as well. Shame on you Sam12345!

Are desperate to get this down. Shouldn't be allowed to post on this site, it's disgusting really. Perhaps we should all report them?

Thanks JWB, let's see if it can motor there pretty sharpish :)

Yuri, do we believe you, or Boohoo's accountants who know the financial position inside out, and their auditors? I think I trust the latter more than you! If they are optimistic, then so am I! They are not alone in having issues since Brexit, and transitioning is painful, but its clear they are now sailing in to calmer waters, so hoist the sails!

JWB, what's your exit point here, 40p?

Shorts, you're all in trouble, the bottom was hit today, it will be up from here. Every move up must be frightening for you all, but you had your chance to flee this morning and didn't take it. The only way is UP now, todays news will have been digested, and many will see that it's not as bad as first thought. If analysts are giving it a buy rating and looking at 75p, then upwards we will go and that 75p won't be far away, in fact, I'd say it's pretty much in touching distance. Let's see what tomorrow brings, but we sure don't need the nappy brigade here tomorrow.

I will tell you what is happening imo. This is borne out of what is happening in another company that a friend of mine is dealing with at present. The company that my friend is dealing with was UK based, imported raw materials from India to here to make up goods for sale here and to export to Europe and the US. Unfortunately, Brexit impacted the business, and this is a multi million pound outfit, so no fly by night operation. Brexit has made it impossible to service the UK and Europe, so the outfit which my friend is associated with, have shut down all of their operations in the UK, closed their manufacturing factories here in the North, lots of jobs gone, and have moved operations out to Poland, which has become their European arm, from where they can operate sufficiently to drive the market forward in Europe, and they are not so bothered about the UK now. They have even moved their bankers out of the UK to Europe and US.

So I imagine the same transititioning needs to happen for BOO, they will no doubt leave the UK, and base themselves in Europe, from where it will be easier to manage European sales, and also avoid the massive hike in import taxes now imposed here by taking operations elsewhere. Sadly, it appears a lot of manufacturing businesses are lining up to do the same, high inflation, crippling taxes, Brexit killed manufacturing in the UK, and the North will be very badly hit. my views, but I suspect BOO will wind down business here and concentrate more on Europe.

"The group is now well positioned to return to growth, and we are focused on ensuring that growth is both sustainable and profitable"

source: today's rns

There are some desperate shorts working this, probably on behalf of Ennismore and others. They are desperate for the sp to fall. I hope they leave here with egg on their faces.

Take it Sam, you are Sam12345 reinvented yet again!

Whoever is on here working for Ennismore, you need to sack your analysts!

There is a different between active and passive customers and it is also a snapshot only in time. 18 million "active" customers was on that date in time. The next day it would no doubt be different. It's impossible to accurately quantify surely you can see that, but 18 million as a guide, is pretty big so far as a competitor would be concerned. It's likely their actual customer base is probably double that, but we all sign up to sites and then use then now and then, or don't use them at all, often to get offers on first sign up with codes such as NEW10 and the like, that's the incentive, but we might not actually get around to buying. It's immaterial, what's material is what a competitor sees, and how a competitor could maximise that customer base and fit it in with its own business design, and also sell information to other businesses it is connected with. So take Mike Ashley, he can incorporate it within his own fashion retail business, but he can also incorporate it in to his sports retail business, and if you ask me who would take Boohoo if they were interested, it would definitely be MA, but at what price? Otherwise, summer is coming, I expect sales will increase, customers will be back, the purse strings are tight with mortgage interest rates up, and likely to rise again, so those feeling the pinch will spend on the cheaper fashion brands.

How many sites are you registered on but you haven't used in the last year to purchase anything? probably quite a few, as I am. That data information, regardless, is priceless, to a competitor, it is gold dust.

But note the crucial word, it says "active", so I could be on numerous data bases, but I haven't bought anything from them in the last year, so what, I'm still on it, but I'm not "active". Did they give the passive numbers as well? bet its a hell of a lot more.