Member Info for Webba1

As the green filters are now removing the muppets who either
1. simply state a price....
2. simply ramp/ deramp the share

Thought i'd add my view for what it's worth - Private investor who has enjoyed the research element of the share picking, still way off the algorythm/ candles that others look at and then draw resistance and support lines.... feel free to dip out here as i'm not pretending to offer a pro or a con.

- Run up to Christmas is traditionally a good time for all shares as fund look to invest for end of year. December one of the most buoyant months of the year statistically.

However, this isn't a normal year so what i would usually expect in the run up to any results announcement is a slight dip off as people take paper profits from a bull run on a share before a steady climb based on good results/ rumour and assumptions. In this climate, in the short term, id struggle to call how the next week or two will pan out prior to Retailers starting to post results.

- Add Brexit into the mess where there will inevitably be people/ funds move assets to a more stable share/ equity as the fear/ uncertainty of no deal will spook investors.

- The Parlimentary enquiry will be interesting and i'm sure it will generate some press, however to be blunt, there is no smoking gun, papers and evidence submitted by Boo all appear to demonstrate the positive move from the summer "revelations". inevitably some ill informed or point scoring member/s of the enquiry will throw hand grenades which hark back rather than looking forward. In all of these situations they seem to demonstrate time and time again that they are career politicians with no idea how business works.

The big discussion points will inevitably come as similar industry business and physical retailers announce results and then the other question is what is priced into Boo's result expectation/ will they over acheive it- we all think so thanks to the "record breaking" tweet, however the market is expecting a 25% YOY growth so by its very nature this would be a record.

As a number of people on here have stated, the fundamentals of the business look strong- low debt, good cash in the bank for the right acquisitions, an online only model. All points to a good long term growth story which will reflect in the valuation on EBitda multiple.

- appointment of a reputable auditor will repair some of the price slip seen previously but unlikely it will simply bounce back in the same way. The simple nature of the Boo business vs Tesco's (fraudulent behaviour) means they are not booking in "retro payments" and other income in a disingenious way

Questions for me as to if this is a longer term hold (my horizon is beyond July 21) is
a) how strong is the "moat" ie how easy is it for others to replicate the boo offer
b) how well can they grow internationally
c) which brands can they add to the stable and how do they stay relevant in an ever changing market

did it a while ago and tbh was close to filtering anyone who engaged as it meant my cursory glance here became a marathon to pile through petty sniping. There are some really valid observers who make salient points on market and relative strengths that are drowned out by people reacting to the muppets. Ive said it before, PI's read this board, the big money invests in detailed industry knowledge not some taxi driver from hove who can't play the fruit machine any more as his pub is shut.
I've consulted in other industries before funds make investments or acquisitions, if i thought they also used unfiltered baseless boards i'd cry laughing - i can see the report to the Board now

Our view is to divest in this share- TCM on LSE board thinks it will be 2.50 by christmas.......
As opposed to XXX, ex CEO of who's view of the market, competitor set and opportunity for growth suggests we should invest heavily..... Do your own research and pls dont listen to the clowns, nor the "motley fool" who simply follow the money. however balance it all together and good luck! next few weeks will be hairy to any shares exposed to FTSE and UK with Brexit likely ? is it costed in?

i'm holding my shares here and in BP till April and going to relax over Christmas. Longer term growth, ive learnt through painful lesson that cutting and moving gives me very little rather than holding

Highly unlikely/ borderline fraudulent to release an RNS to simply declare an interest. the only RNS would be if we acquire a brand.

if the administrators have several bids this is mid Jan by earliest to finalise as the administrators are bound to attempt to maximise the return rather than simply firesale this and there will be lots of weird and wonderful connotations with physical store buyers involved. I note that PG apparently favours the Boohoo interest as i think he'd rather stick a pin in his eyes than let Ashley get one over him..... lets see if his loans have any bearing in this and if he is proud rather than greedy.....

it will cause chaos to the market short term as market sentiment hates uncertainty. If its a no deal i'll be moving into cash to pick up bargains although lots havent recovered from Covid so will be intriguing . biggest risks will be those net importers of product - supermarkets.
Ultimately we are a net importer so a tariff system will cause the EU significant pain. Fishing rights to a previous post - really? small beer in the scheme and think it will be resolved or moved to agree key fundamentals although not a chance it will be ratified in time therefore will get a 3-6 month extension if key points are agreed.

so what's the valuation multiple people are using to value this business Ebitda x ?

based on which categories/ businesses?

Intrigued as my perception of valuations skewed through individual acquisitons as opposed to market valuation.

Honestly i'll be generous on the "no trading update" post and pretend there is no de ramp agenda.

Let's look at facts so people can use the board for what it's meant to - garner opinions as part of a wider knowledge gain to assist in a trading strategy.

1. Formal TU is in Jan each year. Thats planned, it will happen, good or bad.
2. this BF update happened last year in early Dec and was more about brand integration of new brands.
3, the previus years "BF" update Dec 17th was pointless so if there is going to be a separate announcement pre Jan trade i'd expect it next week.

i've had a similar view as looking at even FTSE shares like BP and HSBC ready to go pop and paying good dividends, i'm holding till trading update as assume a good steady build to that and recover some of the audit drop when a new one is appointed. It's a balance though as an impending Brexit deal - Boris riding in on his little pony to save the day (think its already agreed tbh) will give a number of FTSE shares a ramp akin to the vaccine updates. as with all of them its the fear of missing out that keeps me here- i simply played the numbers- i think the build to trading update will be quicker than putting this into a stable Divi share and i quite like the drama.
I'd looked for tech style shares in the UK market and saw this and Asos.

I disagree, filter people who add zero value. Don't give them the oxygen of attention.

Quite frankly all this tosh drowns any reasoned views. If someone wants to rattle on about opinion and view and some fool buys/ sells on the back of it, more fool the idiot who made the uneducated decision.

Don't put cash in you can't afford to lose as there isn't any guarantee here, if you want a quick guarantee stick it all on Black. About the same chance as day trading and a lot quicker.

I don't get how the day trading PI 's move SP. At least not to any real value. Therefore I'm similarly not convinced some one sprouting about slave labour/ champagne parties/ £5 by Xmas has any impact.

Do your research, don't pile in to something you don't understand and don't panic. If you need the cash quickly stick it in premium bonds

And learn to filter the fools.

This is a random thread, feels like its come from the noughties.
Are we really debating how consumer habits have changed forever?-

Same fundamental changes in how we communicate and work.
People will no longer commute rat like on a train 5 days a week= 20% of footfall down immediately in city centres.
High st's have been under pressure for the last decade as the advent and ease of online makes all purchasing simple.
clearly the power of the handheld device we all own makes it even simpler.
Get into the 21st century- the high sts will regenerate, they'll regenerate in a very different way with housing and "events"
Generational change alongside the pandemic change has instilled this and it will evolve further and faster. The high street and brands of the early 21st century has to fundamentally evolve, change its destinational appeal or die a slow painful death at the hands of the new crowd. Debenhams/ M&S (outside of food) Arcadia all poor operationally and slow to evolve. history is full of luddites and littered with their carcasses.

The challenge Boohoo faces is the need to stay relevant and the risk of cross border competition.

they dont need an auditor until they need someone to audit the financial accounts at year end.
the appointment of KPMG to support levenson creates a conflict of interest - albeit it will be a diff part of the accountancy firm that is supporting levenson. I genuinely see no reason we wont get an auditor lined up. Unqualified means there were no issues. this is a relatively simple business to audit so expect an appointment when they need one!

came across really well in the Daily mail piece i saw yesterday - humble and empathetic.

i assume he is not the only one in front of the committee. Just can't see with the checks and balances in place now what further issue people can make of this.

think you've hit the nail on the head. how is that journalism mind..... why did i even open it!!

there's differing opinions and then there's starting a fight in an empty room.

Price drop today- exchange rate/ concerns about Brexit - it's a market drop - get over it everyone- the most sage piece of advice ive heard in the last 6 months and it's borne out by jumping ship too soon is .....the stock market rewards the patient and is set up to take money off the impatient......

as for updates, it's a little like the query someone asked about with Asos a few wks ago when it was the AGM - these financial dates are in the calendar for a reason. companies tend to stick to them for a reason.

the last one in Dec 2019 was more about the integration of brands than the BF sales which will undoubtedly in the companies life cycle be "records"

here's the update - save you looking for it. for those who bother to check- the share price rose steadily to BF last year (hit 3.15) then dropped 40p post the announcement- people buying on "rumour" and taking profit. little like the plums i see on here.

Good luck and try to hold fire.... everytime i go to buy, my head tells me to wait- avoid that 8.30am -10.30am carnage then see what the opps are....

" boohoo group plc, a leading online fashion group, is pleased to confirm that since its half year end, trading has remained strong across its key brands with a record performance across the Black Friday weekend. Both warehouses have had a strong operational performance.

Our new brands, Karen Millen, Coast, and MissPap, have been successfully integrated onto our platform. Initial ranges have been very well received, and we continue to broaden our product ranges as we progress our multi-brand strategy.

The group continues to trade comfortably in line with market expectations and will provide further financial information covering the trading period for the four months to 31 December 2019 on 14 January 2020."

i reckon a meandering price today with limited chance any interesting news will drop, although price will bounce a +- 1.5% not enough to be interesting unless you have serious volume and seriously good luck. if it drops more, good opp to top up.

oil pushing up as the cartel has agreed not to unleash floods just yet to prop prices up. Can't even see Brexit being announced until some point over the weekend, wondering when all of the retailers are planning on updating on BFriday- ive not seen a whiff of it? perhaps they are waiting to see how the physical reopenings has impacted with the hope no real dent so can include that although looking at the update last year it was pretty nonsensical and didnt really move price so think its a slow rise to results- or pre results.....

i've not seen any trading updates from retailers. last yr BF was 29th lots reported the 3rd. Not sure of a reason why retailers wouldnt update trading as it will inevitably be ahead of last year. Expect some update from all retailers over the next few days. Noted Asos dropped a few % today.

fair few green comments on here which proves my filter is working. This is a growth stock- and to be fair it's priced as one PE at 58 i think vs half the FTSE at 10-17. the exam question is can they overperform and manage the expectations to over deliver. Who knows, set your own exit target and stick to it. i plan to hang on for £4 +

im all in on Boohoo whilst awaiting black friday update - will then move some from 2.50s to here for opec and brexit...... thats the plan anyway

of the 250 posts yesterday (busiest board im on) lots of green - the only piece i dont understand is why more people have not used the filter button.

i'm off t0 advn as they offer more sage advice over there......

exactly, ive a travel retailer that bombed to 20% of its pre covid value and is now back at 50%... that added 5% today, oil stock and bank stocks all moving as sentiment drives SP as much as any fundamentals.

i'd expected a drop so was similarly surprised by the initial jump. usually would have sold to move into more traditional stocks but didnt want to miss the inevitable uplift i see coming with Boo once trading update and other well shared elements on here are announced- just dont know when that will be! my view is its moved nicely and i plan to hold for somewhere 4.20-4.50 timing wise.... who knows

i think it likely is, but will see a 2-4% uptick in those sectors. Big next step is to sort out the Cod and chips and brexit....