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This contagion could certainly spread beyond the borders of THG and into other massively battered and ridiculously undervalued growth stocks such as this.

Surely shorts have to watch their backs now. Personally, I wouldn't want boohoo to be taken private but any approaches would swing sentiment massively in our favour and validate the huge offering boohoo and others have and highlight the ridiculous valuations the market has given them.

Surely a Monday RNS will drop 7am regarding this.

The stock can literally go anywhere next week. Surely any offer has to be at least around the 280-320p mark. That's my guess.

Of course kallu can't afford amazon prime or clothes other than from primark. The only share he has invested in is ABF which hasn't really gone very well for him. Continues to tank after miserable earnings report.

The poster is obsessed with deramping growth stocks which I can only attribute to jealousy/envy over the last decades bull run and the massive amount of wealth made.

Cheer up kallu, you only had a few hundred quid invested in stocks anyway. Rishi is dishing out checks for a couple of hundred quid for the most needy to help towards your bills.

Lol, some comments on here didn't age well at all.

This was always when, not if.

And here we are. Back above £20....Moat thought it would never happen again and oil was doomed.

I always said I would sell at 20, but I think given how things are most of us have revised our targets here.

EV is now £15m which seems about right to me given the industry outlook, negative growth slope, lack of revenue diversity ect but could become zero quite quickly. Even cash face value could become worth less depending on who controls it, I.e. Mickey mouse holding £100m or warren buffet holding £100m; ask yourself what £100m is worth more? The directors experience is absolutely everything now.

£1.5 should act as a temporary short term support. But will crumble if the company refuse to act and do something drastic to reignite growth OUTSIDE of covid because cashburn will quickly reduce cash.

Cash obviously provides an absolute base at around £1.50 so would be a short term arbitrage opportunity if it dropped below.

Then again, long term that cash won't last long if they do nothing, and will see a slow drawdown as the years go by, accelerated of course if any acquisitions made fail.

Forget ncyt and it's business now as its valued as diddly squat. The real question you should be asking is "do I believe in and trust the director to use this £100m and make me money"? Bit too early in his tenure to tell, but researching the directors previous sucesses/failures is now crucial for any prospective investor. He has basically become a fund manager.

Nice to finally see. The writings on the wall with this one given their resource

Why this was sold off a couple of days ago with tech stocks god only knows. Presented a fantastic opportunity at 1750.

There's no stopping this now. Cat is out of the bag

They pretty much blew it really. Revenues from non covid starting in Q422 (if indeed they do come online) is laughable and can't plug a pin prick let alone a gaping 43% group revenue (86%/2). What have they been doing for a year? 40m dispute could take years.

When will this company turn around and start revenue growth again? Looking at least 3 years out, and there's no guarantee of non-covid products being a hit. It's all risk from here with very little reward.

Such a shame. They needed a much more aggressive board to make some key acquisitions and pivot away from covid much faster. Hoarding cash is ridiculous at this point, just prolonging the inevitable. Death by a thousand cuts, or out with a blaze of glory. I prefer the latter.

Of course, death by a thousand cuts isn't all that bad for those who can sustain a salary for failure for at least another decade. The 100m is pretty much their salary for the next 20 years.

Can't say I disagree with you kallu. But watching a stock drop 20% in a day for no reason takes its toll on unseasoned investors, and even us that have been through it multiple times. 95% are unseasoned and have probably never seen a bear market. You can almost say watching such a vicious drop you can't blame them.

Those who are real investors know what they are buying into and the problems the company faces and has a good idea of sentiment, balance risk and buy an amount in accordance to PF weighting/risk not to overexpose and then sit back and let it play out. Gamblers will try their luck on volatility for a quick 10% and sell at a loss if the quick buck doesn't materialise.

Contrarians love bear markets. As long as the company has no irrepairable problems, it's a risk worth taking at such a markdown. I wouldn't call contrarians gamblers....they are some of the most savvy out there and have an eye for bargains whilst everyone else loses their mind. Sure they have higher risk tolerances and get it wrong, but some of the best gains have been made buying at peak fear.

Panic and fear is a reason kallu. Not an educated one, but one none the less.

When you get talk of "going under", you know panic is in the air.

"You obviously lack the knowledge on how to value a firm" says the person who believes profits are more important than revenue growth on a high growth company?? This poster must think growth is free.

Seriously 90% of investors in the UK need to educate themselves on what a growth company is, how they work, their modus operandi and what to expect and NOT to expect, I.e. profits, share buybacks and dividends!

You can get that over at unilever! Sell out now if you want profits, buybacks and dividends because you WONT get it here.

Boohoo performing better than others in the "high growth sector" today. Not liking this, but nasdaq was well overdone so nice to see that come down a bit. Far too much loose money over there. The only Downside is that it will drag everything down with it for the next couple of months.

Things will decouple soon. When bank stocks are going down too given inflation, interest rates ect you know the market is throwing a wobble. The only thing that will perform today is gold.

There was a bit of a disconnect with revenue/mcap ratio compared with boohoo and asos. Relevant because these 3 have a strong positive correlation.

Not anymore. £1 would give this an mcap of 1.2bn? Not saying it can't happen, but quite insane if it does considering growth. A nice long term opportunity for those who have a 12-24 month timeline.

I'm becoming more and more aligned with porsche1946 hardline view on ftse100 and UK in general.

Amazing to see the old dusty money uproar when their beloved unilever actually tried to do something about their stagnating growth and margin erosion due to inflation.

The old grannies don't want to dust down unilever and restart growth. Well....death by a thousand cuts it is. Shareholder attitude towards change is ridiculous.

Boohoo was always a more leveraged play in this sector than asos and primark. When things are good, boo booms. When things get bad...they will perform the worst.

Key infrastructure would change this. I'm sure management have learnt from their errors of relying solely on freight to deliver to the Americas and pushing back warehousing. But the business model itself; evidence would suggest it not only works, it thrives! In years to come we will look back at this period and think of it as a stress test in which boohoo passed and still managed to grow.

Im hoping to hear a plan of action regarding US warehousing soon.

https://www.telegraph.co.uk/business/2022/01/18/heading-300-barrel-oil/

The results weren't disasterous by any means like some are making it out to be. A 30bps margin erosion is far better than others have performed given headwinds and still growing at a fair clip, although slowing and given there is not a lot of history to go on which will cause some jitters as THG need to prove themselves. Didnt unilever report similar margin erosion....didn't hear "profit warning" getting thrown about there. Then there is the general market mood which is to flee from growth and head to value.

But fools throwing around phrases like "profit warning" is laughable and shows the mentality of UK investors. Try saying that in the states about amazon or tesla and you will be laughed at. That phrase is being used far more liberally these days and completely devoid of any function when talking about growth stocks. "Growth warning" is a far better term to use. Of course the former is a simple and effective phrase to use when your aim is to cause panic among novice investors.

Once more, if you want to see profit/ebitda then sell your shares immediately, stay away from growth and buy unilever stock! The whole idea of growth is to spend in order to grow. A little thought experiment....if THG, ASOS or BOO reported record profits and bulging Bank accounts by slashing spending and acquisitions so growth was in low single digits or flat, would the SP be higher or lower than now? I am willing to bet much much higher despite the fact that their business would be worse off for it. I get growth risk factor, but if you think you can do better by sticking your money in a bank waiting to see some interest passed on to you or unilever which can't even beat inflation, you need to go back to land cuckoo. The market is acting as if they are about to recieve 10% interest rates from their bank haha. Cash is literally trash and would much rather buy growth in any situation.

Market is going through one of its silly phases. All will turn out well in the end for well run companies.

Good news about finally having a CEO in sight. Today's chart looks very similar to that of THG. Why we are getting tarnished with the same brush as THG god only knows, but the market works in lockstep across sectors when sentiment is bad so just have to wait until things change with headwinds easing.