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Numis set a target price of 35 GBX for the company, which when compared to the Boohoo Group PLC share price of 49 GBX at opening today (28/02/2023) indicates a potential downside of -39.7%. Trading has ranged between 30 (52 week low) and 100 (52 week high) with an average of 10,377,767 shares exchanging hands daily. The market capitalisation at the time of writing is £641,776,478.
Thanks southcoatbather.
Love discussion. And I take all your points on board.
I just believe the time to go long is March 11th.
Btw are you Brighton area? I'm along the coast by 50 miles if Brighton is your base.
Hi Knowbodyyouknow
Still sticking by your view that FIVE new shorts aren't worth a light compared to Citadel taking a massive long?
I've been trading many years now and stick by a general rule that shorters always win in the short term.
I offered a poster on here a small wager when he said 60p incoming. I said that share price will be 42p before 60p. I still stick by that statement.
I offer you the same wager. According to you Citadels massive long will win through. Yes it will. I agree but not until after March 10th. In the short term shorters will win. Just my view of course, as you have your view too. After this morning's start to trading it looks as though bulls have it for the time being.
Citadel will gain much from their long position, just not in the short term.
...on the trading update with is due in the 2nd week of March.
In my view some of the city boys already have some info on this being below expectations otherwise why would shorts suddenly increase?
Once the dust settles at any low, then will be the time to press the buy button AND NOT BEFORE.
Thanks for the post Uncle_Doug.
In my view I try to believe that all opinions are worth reading. Some posters are easily dismissed.
I accept your viewpoint.
How about a gentleman's bet?
I believe the sp will reach 42p before it reaches 60p.
The loser posts an apology?
Will you accept this gentleman's bet?
Aldebaran and DC2007, what sensible posts. I kneel to you both for bringing some realism to this message board. Thank you. So many shorts suddenly increased in early February. Why doesn't that make investors suspicious? Why, after seeing those increases from agencies that are more in the know than us, would peeps buy NOW? That would be crazy. Only some on this board (we all know who they are) would tell private investors like us to jump back in NOW! Wait for the trading update before pressing any buy buttons is, to me, just sensible advice. Please T4G don't shout me down without a firm review of BOO's present financial position.
...because they are in the know and in contact with key people.
They know that the trading update in the 2nd week of March is going to be below expectations and hence the sp will fall.
My opinion; Its not safe to jump back in until the bad news that shorters are expecting is in the public domain and implications digested.
I sold out at 66p a few months back at a loss, and looking to return, but I'm waiting and watching as I believe the sp will further yet.
Just tried to bring average down with a buy of nearly 7000 shares, but it was all I had left in my Halifax account.
Mokey had better not let me down.
But it's either the share price reaches the teens or bust for me now
I have 23400 shares. Not much by some standards on here. I'm still confident of a good rise by this afternoon.
I'm averaging well into the teens, just hoping that I can break even with my CINE investment. Perhaps it's just foolish optimism, but I think the only way is up from here.
...up 50%+ just a moment ago. Will that have any effect whatsoever here?
I don't see CINE shares being bought at £1.80.
But there was a time when Mooky was talking about a bonus if the sp reached £1.80.
This goes back a long way. I know. I was there. I am a long term holder, who in my last post queried whether investors would get anything back at all.
Sorry my English wasn't clear enough for you to understand. Perhaps if you read my previous message again, this time with your glasses on, you may get my point.
Love to the family
...Mooky giving this away without a sizeable return to himself.
I remember Mooky talking about bonus at £1.80.
Will any bids give Mooky a sizable return?
Will any bids see a positive for share holders too?
Just hoping we see something that allows us to still be in the game in positive territory.
... of wild predictions, but wonder where posters see this space before 16th February?
I think any pi buying into CINE know the risks, could be zero, could be a serious multi bagger.
I have always believed the sp will rise on speculation prior to announcement.
However, I'm doubtful this will break into double figures, but, in my view. CINE sp could make mid to upper 8s in the next 2 weeks.
Anyone else willing to add their view on sp position over the next fortnight?
...it seems like every man and his dog want a piece of the action.
I thought shorters had control, but now pis seem to have woken up to the possibility that the CINE share price could seriously multi bag given any positive news.
...still seem to be in control.
I definitely thought the sp would rise as the decision grows closer.
This could multi bag quickly on positive news, yet there still seems to be more reticence than I expected to make the 'gamble' on good news.
I have 100k at 7.7p average so hoping that Mooky can pull out some stoppers.
...the sp will reach 7 to 8p by the end of February as the decision is now very close, just a few weeks away.
It's basically a binary play now. It could be 40p plus or it could be zero, depending on the C11 ruling.
Personally I think CINE will survive and Mookey will live to fight on another day.
...if your day consisted only of posting messages about the potential of BOO on a message board each day, many times a day.
Imagine that you are so obsessed with this one company as a so called investor, that any counter arguments or discussions had to be met with derision?
Would such a fictitious person be able to offer up a plea of insanity in any court of law?
...is going to set a buy order for BOO knowing that the target price of 45p has been set by one broker? The 45p may or may not materialise over the next 1 to 2 years and the downward spiral seems set to continue.
Whilst 5p is spoken about in jest, 20p is clearly possible.
Only one person on here thinks otherwise, and he has been talking about setting buy orders from 65p upwards.