Member Info for triumph1

Agree that the shocking levels of waste through returns need changing, but the question is how? Change needs to come from the consumer. If the government implemented a blanket charge on returns of items that are not damaged, consumers would simply damage them and blame the company. I think only a change in attitude and increased consumer awareness re the environmental impact of returns can change this. The amount of wastage from amazon through returns is truly phenomenal.

This simply is not true nuri. Distribution centres as we have seen given growth figures in US vs UK is absolutely critical! People simply will not wait a week to recieve a £10 dress.

How can you say the golden era is gone amidst a global crisis not seen in a century? Hardly a fair assessment given the context. It's like saying the golden era for business is over. How many times have you heard "golden era is gone" with oil everytime an environmentalist opens their mouth or a spillage happens? If I had a dollar for everytime I heard someone say that about amazon in the last decade and a half, I would be a rich person. BOO Is here to stay.

If there are any positives to take away from today (very few), it is UK growth where they have decent distribution infrastructure. They absolutely have a winning formula here which has proven in the past and continue to prove that they are favoured among fierce competition. The crucial thing now is ground infrastructure, especially in times like this. They must accelerate the US distribution centre....but what will this cost given depleted cash? There could be a raise on the table here to accomplish this which I would get behind, or even take on some debt in the form of bonds to get this done quicker?

Dissapointed doesn't begin to describe it really. Dismal, dismal short term outlook. Stuff them under my socks in the bottom drawer and come back in a year now.

Indeed. Boohoo is like a powder keg now. Any little spark in positive sentiment will set it off. Something like this could certainly be a turning point to snap this stock out of its insanely negative sentiment, and the way the US markets reacted you would expect some interesting moves tomorrow on significant volume.

At this point, company fundamentals are completely irrelevant and it's purely sentiment driven. Only sentiment and FUD could drive a stock so far from fair value.

I would be extremely surprised if any short fund are not carefully mulling over fed comments and implications on massive sentiment driven stocks such as this. All profits made from their short could be wiped out in a blink of an eye if these massively beaten down growth stocks start gaining momentum. BOO looks prime for a short sharp relief rally back to 200 for starts, then with some decent results and forward statements, it's all over for any stubborn shorters.

It will help Alex. Look across the board at growth stocks! Growth stocks do not do well with a raising interest rate environment as it is simply less risky for investors to go yield hunting. Keep interest rates low and growth will fly.

After today's crescendo of FUD, this could be the small positive spark required for a rapid turnaround and shorts will certainly be looking at the feds comments today. I wouldn't be surprised to see some short term strategy shorts consider winding down positions after this.

I for one intend to make them pay. I will put a 10k share market order at open and intend to place a market iceberg order of a further 30k shares between 8-9am. I am expecting massive volumes for the first hour of open tomorrow.

Shorts ought to be 5h1tting themselves! A tidal wave of bargain hunters will lap these up tomorrow hopefully followed by a few chunky purchases from IIs. 10%+ at least tomorrow.

GLA.

Fingers on buzzers at 8am by looks of it. Glad I'm not going to be in the 8am rat race.

Yup. Lots of stop losses caused that flash crash there. Things get crazy at the bottom. Managed to scoop up 5k shares at between 133.5 and 134.5.

Very chuffed

What's bad news for currys is good news for boo, asos ect.

Abf is a dog mate. Has been for 10 years. Growth rate ZERO. P/e 32x!!. Dividend yield is a plie of s41t.

I would value abf at 700p MAX.

Haha look at our troll go today wooooooo go troll

Private equity wouldn't get this cheap either. They would have to pay at the very least 300p considering the fact that the SP has only been at these low levels for a few weeks. Nice for someone who wants to take up a stake upto 10% though.

If someone offered 210p, they would be laughed at and wouldn't even be dignified with a response you would think. Besides, I can't see this ever going private.

At this point pokerchips, f*** the British. At least the Americans would appreciate the value of boohoo and what they have built whereas the British batter and bruise their own growth and tech companies until they are forced to move.

I wouldn't be opposed by and US firm scooping up boohoo for a song (300p+)

Board definitely has the feel of peak panic. Way off into the full blown panic and dump at all costs which plays right into the shorters hands.

Come on kamanis, give us a catalyst and cause maximum burn for the shorts.

Would be up for any co-ordination of bulk buys but would need a decent catalyst to get things going and quite a few participants of at least 50k each initially. We don't even know if we will get a pre Xmas trading update so in reality, coaxing enough investors to participate will be difficult...especially as we are in the UK and not US.

It's not the shorts driving this down, it's the small pis selling in the thought that the shorts know something they don't. A self fulfilling prophecy.

This whole saga has the feeling it will reach a dramatic crescendo sooner or later.

Madness. Utter madness. There is now blood in the streets. You can smell it.

Didn't quite get my 140 tranche....no doubt I will get it tomorrow. Its getting to the point where its kitchen sink time as the stock is now in total free fall.

They are likely to allow retail an Xmas....but new year will most likely be lockdown.

No doubt boohoo will get dragged down despite the fact that lockdowns are a boon for online retailers.

Rapidly approaching a price to bust now.

I strongly suspect that this is the rationale behind the physical debenhams store....to woo more upmarket brands and to woo cosmetics/perfumes from LVMH on the debenhams.com site.

Mike Ashley quickly discovered that filling HoF with his sports direct tat was a no no. He had no choice but to work with Hugo boss, Ralph Lauren ect.

Indeed, and even the most seasoned investors can't be blamed for having second thoughts here considering what has happened to the SP let alone the less experienced. The last time I went through anything like this was on national express when it hit 110p and went all in. You had the same flavour of muppets on that board as there are here now, but needless to say sentiment turned on a sixpence and 3 bagged from those dark lows as fundamentally, the business was sound.

Same goes here. This will turn, but how much more pain this will endure is anyone's guess. If you have funds to average down/want to average down, keep it small and spread the tranches apart at least 10 to 15p now given the volatility here.

Times like this is where the big money is made. It takes a lot of nerve though, certainly not for everyone this malarchy.

That's probably because very little can be derived from joules result when comparing to boohoo. Besides, boohoo last report covers 2/3 of the period that joules just reported on.

It's just pure dogcr4p sentiment that continually drags this down now. The SP is on its knees but the company has never been stronger. A huge disconnect there if anyone can wade through the very negative sentiment. But yeah, haven't seen one as bad as this for a while. I'm still liquid so in the fortunate position of being able to hammer down the average and wait.

Nothing they can do really other than stick to the script with top line growth, integration of acquisitions and progressing on the ESG front.

Everything else is out of their control, but shipping costs have eased back a lot since boohoo last reported beginning September.

I wonder if kallu fancies a little wager. This poster stated that no way will boohoo grow 25% top line yoy compared to last year. Put your money where your mouth is kallu, £1k each in just giving to a charity of the winners choice. Money can be deposited there in escrow for us all to see and released on the outcome. I wonder if you really believe what you are saying!