Member Info for unhooked

Of course i don't know the future - I don't have a crystal ball and neither do you. We are giving opinions.

"Solid company" "great opportunity" omg, I've heard it all before mate, if you think this is going to 360p good luck to you.

The article indeed reads like a motley fool and yes we all know they're not the most reliable source, but in share price terms Boohoo's best days are deffo behind them and receding rapidly in the rear view mirror!
We'll never see 360p again - not within my time horizon and probably not ever. 180p in 5 years? Yeah, why not, but more likely it'll be in private hands by then. I mean, when we're talking 5 years +, it really is all conjecture.

Yup, very grim. Big losses for me too JD, so I'm also going to hang in there and see what happens next. Two things I have decided. Firstly, I'm accepting that I'm not going to get my money back so it's a question of deciding what level of losses I'm prepared to accept when I sell out. Secondly, I'm not chasing this one down any more with fresh funds.

The shares of these online retailers have de-rated so markedly, we must be close to the bottom in most cases. I mean, Boohoo's sp is barely a quarter of what it was a year ago; N Brown's barely a third. Certainly I'm not selling at these depressed levels, but equally I've no great confidence that I'll be getting my money back from these poor investments any time soon.
Theoretically, with the type and mix of products that N Brown sell, it should trade okay through an inflationary period... but the company is so tiny by market cap now that it just doesn't feature for most professional investors.
I can't see a catalyst for a re-rate emerging.

Share price below 27p to sell... Approx half the placing price!

Presumably it's a read-through from today's poorly received Boohoo results.

What a donkey of an investment N Brown has been!

So, is this bonus issue the reason for today's 15% drop? Does anyone know?

Whenever I check in, the mindless ramping on this board is incredible. It never changes. Today it's all "What a start!"; "Boohoo soaring ahead at breakneck speeds!"; "BOOsters at the ready!"...

Meanwhile, back in the real world (and unmentioned by anyone on this board of course), Deutsche Bank have today slashed their target price on Boohoo, from 230p to 140p.

To quote from them:

"Deutsche Bank said the focus at Boohoo, which will report full-year results on 4 May, will likely all be on guidance for the 2023 trading year, where it expects management to strike "a more cautious tone" with regards to both sales progression and margin recovery in the period.

From an investor standpoint, DB said this may increase the "nagging doubt" that the Boohoo margin will stay at a level similar to competitor Asos as it follows "a similar pattern" of internationalisation of its distribution centres.

While the German bank believes this is largely built into the stock's price, it noted a slowdown in sales growth may be "a bigger problem" as Boohoo has failed to achieve expected growth despite the current strong demand for occasion wear and going out dresses.

"We lower our earnings forecasts to reflect these concerns and our price target. We retain our 'buy' recommendation on significantly lowered forecasts and price target given the fundamental fair value but until Boohoo has its international distribution centres operational it may be hard for management to change the narrative," concluded Deutsche Bank."

Has anybody else noticed that the thread from today entitled "100% rise easy with them numbers" was deleted?
Does anyone know how and why that happens?

Great example, but the choice is not between Alphawave and cash... it's between Alphawave and a less mercurial company!

Well, I'm happy to say that I'm in Sig plc - a company far easier to understand.

Yup. Fair call. Nowhere to hide.

Very good, thanks for the link.
They come across well - transparent and 'on it'.
I bought in a fortnight ago and after watching the presentation I'm glad I did.

I sold out into today's strength. In these choppy markets I'm learning to feed the ducks when they're quacking and take my profits, but it's a great little company and I'd be happy to buy in again if there's a 10-15% retrenchment.
Good luck people.

I like CIR. I don't remember now why I didn't take the plunge and actually it hasn't done too badly - at least compared to RENX and EKF.
Anyway, I wouldn't be surprised if biotech & healthcare turns out a good place for your money over what may become a tricky next few years, so I'd be hanging in there Silverblade.

10 years ago the share price was around 29p, today it's 34.5p, so hardly an acceptable return over a decade.
And I thought this was a high quality company with some unique IP and well-regarded investments.
Unfortunately, I'm also in RENX.
Feels like I've swallowed hubris from the Christopher Mills stable.

I'll take it though, thanks all the same. Anything to stir this donkey up!

"The Company (LSE: SUPP) is pleased to announce the completion of BenevolentAI's business combination with Odyssey Acquisition S.A. ("Odyssey"), a Euronext Amsterdam-listed investment company. For further information on the transaction, investors can refer to the announcement made by the Company on 6th December 2021.

Assuming sufficient secondary market liquidity, BenevolentAI will henceforth be valued using its unadjusted quoted price which will be reflected in the Company's daily indicative unaudited NAV per share as of 25th April 2022. The valuation impact of the transaction has already been partially reflected in the Company's net asset value with the AIFM increasing the valuation of the holding from £22.4 million as at 30 September 2021 to £28.5 million as at 31 December 2021. It is anticipated that the value of the Company's holding as of 25th April 2022 will be approximately £39.6 million (€47.1 million) reflecting a further fair value increase of £11.1 million since 31 December 2021."

Or not. I think they do actually mean a 10.7% decline over the 12 weeks. Sloppily written by Sharecast.

So not a 10.7% decline over the 12 weeks . Rather, a 10.7% decline versus the same 12 week period last year. My mistake. Not so surprising then, given the lockdowns in force during the spring of last year.

Reported by Sharecast at 08.53 today.