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Bearish as I am towards Boohoo atm, I did have a giggle when the Investing Cube article said "the stock will likely drop to about 25p in 2022"...
Really??
Apparently the note was only published 2 days ago. If so, that's a mad call - was it a re-post?

Meanwhile, abrdn are reducing, per today's RNS.
Some are buying, some are selling innit?

This kind of negative story obviously isn't great PR for the airline but, in fairness, they do seem to be taking steps to resolve it.

Search me.

Thanks Agricore - typically well-reasoned post, which are always useful to read.
You ask, where is the risk?
Isn't the risk that despite the company's excellent prospects it may soon need to tap markets for cash... and should that (a placing) occur at a low price, then existing shareholders will be heavily diluted. The share price seems to suggest the market has those worries.
Put another way, can the company sustain itself out of existing cash resources if it hits those Cannacord numbers?
I also wonder if the JV partners' due diligence wasn't focussed more on Saietta's tech, and maybe not so much on the company itself and its long-term viability (the IP lives on but the entity may change).
These are my worries - can't help myself - I'm a heavy holder too!
Please, reassure me some more, esp about the cash runway!
Cheers.

SP continues to fall... 92p is another all-time low.
Should be a trading update soon - there was one on 17th January 2022 - so maybe that'll shake things up. Something needs to change.

He disposed of 1m shares at 28p yesterday.
Every little (doesn't) help...

That's probably true scb.
What worries me more is the loyalty of those institutions that bought in at 3 times the price. If some of them decide they made a mistake or feel the company/sector conditions have deteriorated enough to render their original thesis invalid, they might take a low(ish)-ball offer. From a liquidity perspective that's a better exit than selling on the open market and further trashing the sp. Institutions do sell at losses sometimes...
Who knows? I'm a heavy holder so of course am hoping for the best!

Up 11% as I write on no news I can discern.... other than a rotund, jolly man dressed in red was sighted nearby. Ho, Ho, Ho!

You could be right Trading, I don't know the relationship between the Kamanis and the institutions and how they feel about each other nowadays.

Myself, buys at 54p and 50p - always a bit too early to the party - but quite content to wait it out.
Today's a good start.

Final point, I'm not saying it will go private, only posing the question.
There are some obvious arguments both ways. For instance, if they thought that Boohoo had become too much of a 'meme' stock in the public markets, with the share price consistently divorced from fundamentals, it could make sense. Also if they wanted to move away from the continual ESG scrutiny in the public markets. Classically, another might be if they thought they felt they could raise capital more easily in the private arena, but I don't think Boohoo are in need of funding so this probably wouldn't apply.
There are also good reasons why it wouldn't go private. One that comes to mind is that private equity funding has dried up or at least become much more expensive.
Totally fine that you don't believe it will happen southcoast, but me, I'm keeping an open mind on the subject.

I don't really know where you get the figure of 3 times today's price unless you have taken a recent poll of all shareholders on the subject, so that is just your opinion. Also, a Kamani led buyout would not necessarily lead to him owning the same amount of shares. Again, that would depend on the agreement between the participants of the buyout consortium. In practise, I agree it's unlikely the Kamanis would take a smaller share in the company if they led the buyout, but they could take a larger one.

I'm not sure I understand what you're saying. If the company went private, it would either be via a Kamani led consortium or via a consortium of 'outsiders' (which Kamani couldn't block - his lot own a bit less than 20% I think). In either case there's no question of anyone getting anything more or less - all shareholders of the public entity gets the same per share and those shares are cancelled. New shares in the new private entity are issued and distributed according to whatever was agreed within the buying consortium. That's how it works. So, if it were to go private, of course the Kamanis sell their stock of shares in the public company... like everybody else. If they're involved in the buyout, they get new shares, if they weren't, they don't.

Bust? Very unlikely, they would need more debt and a serious hit to cash generation for there to be any question of that. Boohoo will certainly continue, but whether as a public or private entity, following a management or Kamani buyout, might be a more interesting question.
We might get a less fuzzy picture as to the future when we see a trading update. Does anyone know when the next one is?

I see. My mistake was thinking the 'further consideration' was in lieu of his salary, or was some other payment for joining - in which case 1.53% of TLY seems v generous indeed... I hadn't realised this money was part of the sales proceeds on selling Pioneer.
Re bravery, I would say that getting part of the sales proceeds in the purchasing company's shares is pretty standard stuff and therefore not 'brave' in particular. I do agree though, that it suggests he's in for the long haul, which may be a good thing.
Just to be clear, a 'bung' is not necessarily an illegal bribe, it can also be a legal inducement.

Thanks. What's the prize though? Lunch with the Kamanis or only some Boohoo shares?

... and I can hardly contain myself with excitement at the prospect!

I never make explicit price predictions but it's Xmas, so my prediction for the end of 2022 is.... drum roll... option B!

I see, per today's RNS, that our esteemed CEO received another million shares as part of his LTIP, and promptly sold 300K to cover his tax liabilities, the poor blighter.