Member Info for triumph1

That's precisely what people will be doing muscles. Going to weatherspoons in boohoo attire. Why you ask?? Because it is cheap!

Discount retailers historically do well when inflation is rampant and the public purses get pinched. The idea of people throwing out their clothes purchased from boohoo after one use is a complete myth fabricated by the media. This simply does not happen.

This is nerves going into the TU. After so many dismal trading updates, you can't blame twitchiness, and I doubt there will be many buyers going into the TU with the exception of norges. Do they know something we don't? Funny time to buy considering what has followed each preceeding TU of late.....unless this time will be different?

Boohoo need to hit their targets without any more dissapointment to steady the ship and at least draw a line under the SP. Any surprises will see those sold out to trade the TU instantly locked out.

Once again, forward looking statements are important. Due to the war, inflation will persist for longer so they must combat this by raising prices to combat margin erosion, and must be seen doing something to protect margins. We need to see plans for this US distribution centre urgently as ASOS US growth is hanging on in there, and previous business model of JIT shipping is too costly and time consuming so clearly a US distribution centre is desperately needed to remain a going concern in USA. Marketing costs are likely to increase due to BOO playing catchup with lost ground in USA, and logistical costs likely to remain high. Infrastructure investment likely to remain high throughout FY22 and 23 because of this. Return rates should have eased back due to virtually no restrictions and much more monotone winter clothing.

There is so much negative news and negative market sentiment out there that it is hard to focus on a particular sector. UK retail seem to be holding out well among all of this.

If anyone from BOO management are reading this, we need to see signs of adaptation and boohoo weathering the storm by making necessary changes. We need signs of BOO's ability to come out of this period in one piece a stronger, more robust company.

For those who believe this sort of behavior doesn't happen....THG is a good case study. THG has 100% been manipulated to this level by unscrupulous players profiteering from its fall, no doubt about it. The very sloppy mass media who fail to verify sources helped precipitate this and ought to be held accountable. The SFO need to look at bringing in new rules and punishments regarding media vectors and those who help facilitate fake news through negligence on their part.

Look at how Tim Martin was villainised over at JDW during the height of covid. Sure many don't like the guy, but what the media said about him was straight up lies and taken completely out of context. Anyone who says otherwise, and rubbish it under some PI conspiracy need to wake up. Any objective person can clearly see foul play here regarding fake news and lies spread about the company.

Proving it however is nigh on impossible, and the SFO and FCA are too inept to act

Agreed. RNS purely to woo back II's. Physically, no damage was done in terms of revenues. The damage of course was all reputational, which spreads like wildfire through association which is why IIs dumped.

Funny to watch this go up as oil cools down. But yes, would be much closer to £25 now if it wasn't for the political situation.

They will be reporting a mountain of cash in Q1 which I'm sure will bring out the ESG windfall tax crew.

Nerves about TU is keeping this down compared with ASOS. Agree that if results meet expectations, this should re rate.

I think it was said here the other day, but she in have now introduced new handling fees to uk.

It goes without saying that boohoo must now raise prices to conserve margin if they havent done so already. With oil and inflation where it is, consumers 100% expect this.

I hope this is also highlighted in the TU.

Boohoo may as well be 100% russian and the CEO may as well be putin.

Hard to remember a capitulation this scale on issues that are not company specific. Its business model is now priced to fail.

Good news for forward statements. Let's hope it has translated to better than expected decline in US.

https://www.metro.us/global-supply-pressures-eased/

I cannot see how russian economic situation will massively spill over into Western markets other than prolong inflation due to russias importance on the commodity markey. There is no chock-a-block russian debt on western bank balance sheets or huge amount of exposure in the russian stock market. Most western banks are the most robist they have ever been (DB being the exception). The moex entire mcap wouldn't even barely make it to a top 10 us company (before sanctions) when it opens, it would be lucky to get into the AIM 100.

With oil at this level, US shale will spring back to life. UK will finally thank goodness be forced to deal with franking for the huge oil and gas reserves in the North sea and Bowhill, removing the ridiculous 0.5 ricter scale earthquake limits (building sites cause bigger earth tremours) and US limit is 4, orders of magnitude bigger on a log scale, and finally start building some much needed nuclear power, finally putting our finger up to putins oil, guaranteeing energy dependence and decarbonising all in one foul swoop.

If china wants to take up the slack with russia, then that will cause a hole elsewhere in which the west could rapidly fill. Every scenario ends up with russia being china's cyka, and china will take their pound of flesh for the huge risk they are taking supporting russia, that is if they don't p**s off china so much that they shun them, and there are signs that this is already happening. Then russia would be well and truly fcuked.

March 10 is very important. They must hurdle over the very low bar without wobbling it to stem the bleeding here.

I would also like to see prices of items creep up to preserve margin. Customers expect it now given inflation in the news daily, so its best to do it now.

At least then that should draw a line under this sorry episode and at least tempt some buyers to come back without the fear of their investment halving in a week.

However the ukraine situation will surely delay bringing inflation back under control. Then again, there is only 1 known cure for high prices....that is high prices! Energy and shipping costs are unsustainable at this level and demand will begin to collapse due to retailers unable to turn a profit. Sure is going to be a bumpy ride this year and next

Sold trading pot at 2062.5 the other day, now thrown back in at auction today. A rarity for me to time it so well. 1830s is laughable given wti at $113. Cashflow will be off the charts.

Let the market have its tantrum. Selling these down so cheap given oil and gas prices is pure madness

Re dividend....if you were the ceo, would you pay out a massive dividend despite the massive uncertainties here.

I for one would scrap it until there is light at the end of the tunnel.

Who knows. Putin most likely won't stop now with ukraine as he has effectively nothing to lose as the economic damage is done. He has already shown the world that his army is nowhere near as effective as we all thought, has already suffered embarassment with the level of destruction the ukranian army are inflicting on his soldiers and convoys with our weaponry, has brought Europe, UK and US closer than ever and Finland considering nato membership which is unprecedented. An epic fail on all counts this far and is making the West to look more stronger and powerful than ever. China surely can't be amused about how bad things are going as putin most pronably assured xi in their little get together a week before the war started that things would be over fast and the west responses would be weak and disjointed.

The only one who can stop this now is xi Jinping. No way would putin have done this without his blessing, but even that is starting to backfire. Don't be fooled by the brotherhood there; china will want their pound of flesh for the level of risk they are taking on with russia essentially becoming chinas cyka and are playing a very delicate act with the West. At least Taiwan will be feeling much safer as China has now seen the damage when a line is crossed....but of course would be 100x worse for China and the west. Putin infringing a nato country would be china's limit however, as this would trigger ww3 and is in no one's interest as nuclear fallout is indiscriminate.

Sure, the mcap at the face of it is mentalist, but what good is an asset in a pariah state such as Russia. Mines carry geopolitical value premiums. When the host country goes a-wall, bang goes the premium and you are left with an effectively worthless mine. That is what has happened here, so all fundamentals prior to 25th Feb are now totally defunct

Jesus christ. Russia makes up less than 0.1% revenues and SP tanks 10%? Go figure.

Madness in the markets for now. Keep a cool head guys and always diversify.

Lol 90p. Care to explain yourself? Russia simply are not big enough to cause a global financial crisis, even if they defaulted entirely. Barclays has very low exposure to russia, so it is fill yer boots whilst they remain at these levels.

The West won't buy it anymore, and it feels like the gloves have finally come off against putin. He can no longer demand the same things on the negotiating table before he invaded ukraine. Massive change of tone across the entire board. No way would putin have expected this magnitude of outrage and effect re sanctions.

As for putins security concerns, it's almost akin to a thief complaining he can't steal anymore because there are too many security cameras. Very flimsy security concerns indeed. This is about putin losing grip on the domestic front. War and nationalism always bring people together. Time will tell if this has horrifically backfired.

He has overplayed his hand big time and was a very bad decision to go into ukraine fully, not a smart move at all. He did not expect the reactions from countries like Germany, the Swiss and now Finland debating nato membership which is unprecedented. The cat is well and truly out of the bag.

He could have got away with crimea and Donbas as they are predominantly russian anyway, and many wanted to join russia. Invading the whole of ukraine was foolish and you may swat ukraine from becoming a nato member, but now you have the Finnish and sweedish considering membership. What will he do next, invade finland??

It's a non starter for ukraine. Why should a sovereign nation be told what to do by rissia, and not have destiny over their own fate? More ridiculous demands from putin.

When putin realises ukraine is a sovereign nation and stops behaving like we are in pre 1990 treating ukraine as a satelite state, then negotiations can begin. Until then, putin can f***off and watch russia crumble to dust and become a Chinese satellite state.

Of course there will be collateral damage in this war re companies that just want to get down to business, and yes it is very unfair. Mining and oil however is very political and all companies that operate in this arena know this, and take the full brunt of any political fallout. Assets in rogue states are completely worthless, and russia has now just become that.

UK is full of rhetoric, but EU is taking the brunt of sanctions. UK need to start to pull its weight and ween itself off russian money. I don't see any property seizures in london yet....every second house in SW7/W8/SW3/W1J has some links to russia and not even that obfuscated. Not exactly spoilt for choice there.