Member Info for UncleJohn

Frankly nobody should be surprised by the current inertia. The market generally is flat, volumes are low, it is now summer hols, no news. The SP will however advance going into the next results and personally I think it will be much higher by Xmas, but that's just my opinion. Patience, yet again.

Celtic.Many thanks for your up to date answer.

To be honest no BB needs incessant posts, but it is useful to have educated comment. As to the SP I said weeks ago post results it was better to hold as a lth than trade and this is proving the point.

For the right decision I can wait another four weeks!!

Can some bright person tell me what the Takeda offer is now worth having regards to the Takeda share price and exchange rates, etc..Thanks.

I think Steinway,your question is very difficult to answer. Look at it this way, if Koovs had not sorted the funding deals they would have gone bust, that is quite clear. Now disaster is not round the corner but the effect of the funding deal is a massive dilution of the PI'sinterests, but that is much better than the shares being worth zero. Where will the shares go from here, difficult to say, but bear in mind that even according to the figures of Hardman & co there is negative EBITDA, all the way through to 2022. Hardman & co figures assume mega sales growth. This may happen, but last year was pathetic. The latest deals ought to help considerably. Personally I think there will be cheaper entry points, when people realise that this is all going to take a long time to come good. Basically Koovs have avoided the death sentence but haven't yet got out of gaol.

a pate, I agree with the general proposition that we shouldn't talk about other shares except on the relevant bb. But just this once, I have no sell price and am a reasonably lth, subject to unforseen events that lead me to change my mind.
Specifically on BOO by way of example I bought originally at 35p.(I have also bought at higher prices) At that time if I had put a sell price on it, it might have been 70p. Great 100% profit, but I would now feel pretty stupid!!

Endion, I wasn't trying to advertise Bushveld merely using it as an example of my earlier posting. Neither ramping nor deramping, it might have happened the other way! As to the facts, one of the RNS's was this am subsequent to my post. As to the the financial results for y/e31 dec 17 there had been operational updates both in Jan and April. Indeed the shares hardly moved on Friday the date of the results, which rather proves my point as the vast bulk of the rise was on Monday and Tuesday. This morning's rise which I wasn't anticipating I agree is largely due to this a.m.'s RNS. I will leave it at that.

Just a further example of why you can't tell when the market sentiment towards a share will change. On Friday I bought shares in Bushveld Minerals, a company I have followed for some while and have been waiting for an entry point. By close of business today I am 20% up. I could not have predicted that and there has been no RNS and no results and no broker upgrades. Why has it happened? I quite often find that I am not alone. If I think the time is right so do many others and exactly the same when selling. The point is you cannot actually predict when some thing will happen, or where it will go next, save that I wouldn't have bought in the first place unless I felt there was significant upside. Tomorrow may well see some correction but I am there for the longer term.

thanks for your thoughts Thorpy, just one comment that hasn't been made so far as I am aware about the 12% Boohoo brand growth is concerned. That is, it is inevitable that the growth in PLT has been in effect in part by "stealing" from Boo. Hence why they said that going forward they would concentrate more on the Group numbers and less on individual brands. Added to which it is far easier to achieve a massive percentage increase in a small number than a large number. PLT percentage growth will also slow going forward. All in all however it is a cracking company still, inmho, and one that is hard to beat in the retail sector. As I have said before director sales are a bit of a pain, but personally I don't begrudge directors realising some of their capital, it would be silly to think they should stay fully invested when they might want to make significant capital expenditure now. Remember they all still have very large holdings, far larger than any posters on this bb!!
As to the share price, all companies go in and out of fashion with investors, and when out of fashion a good company will in very short order get a massive rerate which will have happened before most investors even realise. Hence unless you genuinely believe the share price is stuck at £2 or less for 12 months there is little point in selling, in particular if it crystaliizes a large cgt liability

Good to see Citigroup prefers Boohoo to ASOS, so do I!

I suspect the fall on Friday was in part linked to the ASOS plummet without investors understanding why so far as Boo was concerned. Ironically Booo actually has a higher proportion of sales to the US than ASOS, altho' actual numbers are much smaller. What does it all mean? My take on it is that it is a storm in a teacup as this court decision will affect all online retailers equally. Therefore between online retailers it won't affect competition and it is hardly likely to drive US shoppers back to the US high street, they will just end up passing the sales tax on to the customers. Boo US growth will continue unabated.

FYI, I have had an IG account for years and for a number of reasons, and have both made and lost money, more the latter, so I have tended to stick to shares where selling is 100% in my control as opposed to hitting stop loss figures that I can't control. There are risks, so you go in with your eyes open. IG make good profits. Who do you think loses!! As to Boo I saw you had sold, and whilst I agree with rebalancing your portfolio, Boo over time will rise and you have merely crystallised a cgt liability. My view on the whole is to invest rather than trade. Only get out of shares that are going nowhere fast. ATB

Mr.market is generally wrong except in the very short term!!

Whilst it's a pain, it's important to look at the strength of the company, not the day to day share price. NC has only sold just over £3m worth, based on options he has had many years. As always there could be all manner of reasons why he wants additional cash now. Obviously if you don't believe in the company -sell, otherwise wait for the next update. I frankly don't believe NC would in this case have any material knowledge not in the public domain.

Without being rude I really hope you get to extend your holiday Jambon, an extra week for every 1p over 240 maybe!!

Just come in. Congratulations to all those who predicted 220.

My german's not that good what does "die jambon " mean?

Can I suggest you all turn over a new leaf tomorrow and use the BB constructively. It seems there has been an unecessary amount of Jambon bashing today and counter attack!. I want all Boohoo investors to succeed. I have made more than Jambon out of Boohoo, so what. I hold less shares currently, so what! I am a pensioner, so what! Almost certainly have more grey hairs. Useful, as it means I don't get embroiled in this childish behaviour. So folks call an armistice, I was heartily glad when Robo gave up the ghost. For the record I have said many times before, be patient. I believe this share will hit �3, within 12 months a great return for investors even at today's price. DYOR. But please also be civil to one another.

In fairness to nohearts I really think you should set up a charity for all the odd pennies and other garbage that falls down the back of the settee. You could call it "Saving for Poundland"