Member Info for usually_right

226 live

CS cuts tgt to 250 from 450

180ish poss as is 130-145 but eventually they will get it right and it will move to 300-350 and then return to trend. it just depends how long they take to clean up the mess. the growth is there, which means its an elastic band that's being stretched right now. it will spring back once the issue is out of the way, but in the mean time, on further bad news, of course the shares can fall.

valuation

tgt price 905p

I wouldn't expect they watch the share price all day! They are likely getting on with business and ensuring the internal review gets done, which is due by september.

asos has some specific issues such as debt but yes a good sales report there wont hurt

there are many different kinds of young. in large, the group that buys boohoo differs greatly, i suspect, from the group that hugs trees.

130-180 should be as low as these get. below 130 one should only expect if it risks no longer being a going concern. we are far from that. but over reactions happen to the up and downside, so one should be prepared in case of 130-180.

below 210 sup its 177-185. res by 247. while below there its lower

yes that was based on PLT in large, the rest was just speculation. now they are focusing on leicester and will drip feed info to press each day to ensure sentiment is poor and it stays in the news. they will only close their position into a wave of selling much lower down if possible. except further hints from short sellers throughout the week. once it dries up there will be an attempt to recirculate old news. when the stock stops falling on bad news it means folks are covering their shorts. for now still all to play for for shorts but their window ends in september, so next few weeks will be critical for them.

sla sold due to esg pressure. esg is now a key issue and a lot of money raised and fees taken are based on implementing esg. as for costs, they will move more abroad if no longer makes sense in the uk, which is what some analysts have suggested will happen. cost wise, adding 50p to a 5 quid dress isn't rocket science and will not make much difference to consumers either. more important is being seen to be dealing with the factory issue. the internal report is due in september and by then youd expect a plan to be in place to ringfence the issue and it will probably means exporting more manufacturing elsewhere. they already have a big supplier base abroad, it really wouldn't be that difficult.

yes its really not important what small investors do when it comes to large mkt cap stocks. it can be an issue in very illiquid micro cap penny share that no institutions trade, but otherwise it makes no difference whatsoever. its not dotcom 99 anymore.

the shadowfall questions re fcf is based on the majority share in PLT. This has now been made a 100% holding with the recent bujyout, so its no longer an issue. the rest of the issues in the report inc poss taekover target ISIF is just speculation but buying out a fast growing competitor to bulk up often is an argument to success.

the company just needs to be seen taking steps. folks have short time spans. they will be focusing on prince andrew next month.

the current split is 40% uk 60% abroad. the current issue will see them move more abroad within 12 months.

There is a dripfeed on articles without real new news to keep sentiment negative. Once shorters are on board and smell blood, they need to keep sentiment negative and this is the main way of doing it, keeping the company in the news for the wrong reasons. So you can expect this to continue for the near furture. Once they get to accounts/accounting, that will mean they are done, as this is the last bit of old news that they can release. By then they will have exited much of their short position however.

gap to fill. sooner or later they usually do

225p then up

200dma area for shorters to reenter so expect them to start posting on here. sup 287. hourly close at or below 287 bearish. if under 275 then further tests lower.