Member Info for Webba1

agreed, our challenge in short term is cash gets freed up from online retailers and sunk into the banks et al.

think traditional retailers, air and oil will bounce today. Can't see the +ve momentum here over the last few days, had hoped that RNS was the BF update..... alas a nonsense share movement - do MS have a YTS day trader on the account?

should be a positive day for air and oil with traditional retailers

Old news in terms of our write downs but see this knocking the sector so will be intriguing alongside the delays to opec decision how the sp reacts. Assume this will be a good opp to top up ahead of a brexit deal this week and then Biden confirmation next week.

yes, bought back in today at 2.53 as think that electoral votes finally ending Trumps mad claims will boost price and remove that uncertainty. Brexit deal agreed will be a real push and the first Vaccines approved and rolled out will give another.

just need Borat to stop pumping oil and play ball. price of a barrel appears less of a SP driver than the other sentiments but the barrel will stick some profits in the tank as the Q4 looks like a big one for BP to annualise.

As a Boohoo holder, that playground is a 180 posts a day..... i see nor hear nothing on here? is this really the middle aged share, bumbles up and down - made a reasonable grow from 20.67 - 23 then sold off but bought back in at 21.70 today as see this as a stable divi generator in a world of fast fashion madness. Any views on SP and what is holding this down other than FTSE as trading performance will be positive as last qtr saw a recovery from lockdown alongside significant cost savings. expecting good margin growth and a decent dividend although will be intriguing to see if they match last years.
Trading update awaited

i'd love to see this having closed other holdings to move all to BH as i can see a decent SP growth here.

however, not trying to de ramp but do want to balance -

- Arcadia's younger customers will come to Boohoo - they're already here- they shop brands and "arcadia" is a house of middling brands. With a poor online presence one of the core reasons they're in this mess. The stores themselves will continue to trade - administrators will trade them as long as they have stock and they're likely to have a lot! risk is they punt it at silly "closing down" prices to clear and generate some income.
- Tough lockdowns in December means £££ and more online shopping - alternate- High street reopens for very long hours to try and recoup Christmas sales shopping
- Record breaking Black Friday, Christmas and Boxing Day sales- yip agree. they would be record breaking even before the PLT boss tweeted- they were forecasting 32% LFL so record breaking - question is how far ahead of the 32% are they and what impact on margin/ advertising costs did the sell through have to drop the profit to bottom line?
- Anticipation of blockbuster January trading update - will hang on the BF update as there is a stellar anticipation on here anyway!

I realistically think that the appointment of an auditor and some movement on levenson outlining his plan alongside the second NED appointment will have as much to step up the share price.
the market today moved against all bar a few online stalwarts.

not in the short term, units would surely continue to trade if feasible to maximise return to creditors.

Retails biggest issue is stockholding and planning- how do they have any idea what stock to buy and hold..... thought it was bad in food, imagine fashion when you're buying for next winter let alone stock arriving now for summer.......

my view on this having bought a few companies through an insolvency process- administrators will try and maximise any value. Unless you take the whole business you dont buy the debt/ liabilities as long as you check the small print (stock ownership etc etc) i see Ashley being credible as he buys brands to stick under his house of brands, doesnt need to buy any other part of the business and Top shop would be a strong add for him. I have no idea if the brand is worth while- what were the online sales element of the 800-900m sales? as i cannot see Boo going down a physical space route vs current arcadia as it's a uniquely different model to the boohoo one. not part of the stated online objective - keep killing it via social media and price, the biggest risk is an online sales tax...... as Boris has to level the playing field and get some tax income

only if Odey recruits from a defective gene pool. i mean there is subtle and then there is 15 yr olds.

Maybe it's because this is one of the busiest shares on freetrade and HL but over 250 messages on here- i thought TCM had self combusted and was expecting a sea of green.
On a few other boards where i have positions but nothing like the sport on here!
Let's hope that BF will bring an early Christmas present to those holders here. It's going to be the busiest online trading day ever with most physical stores closed, furlough in full flow and cash burning a hole in pockets as people realise they can still go out next week! A nice update mid next week to share headline % uplift and this will keep trending up with run up to the Jan results hopefully seeing this test the highs pre Scandal. I'm fully loaded but the volatility of this means i'll be keeping an eye of top up opps if it drops

i would assume you lot will be in the audience at asos having bought a share to listen to the update ;-)

keep saying this but its an AGM not an update. they will approve exec pay/ appoint auditors/ etc make a few sandwiches and answer inane questions from PI's but unlikely to give any update.

asos isnt rising as it s not an update! its an AGM.

just to be clear its ASOS AGM on Thurs- thats not results gents. unlikely to give any real trading update .

the biggest sticking point in any development is planning that and you have no view of where this sits in the strategic plan. it may well have been a site that they want and it was available at the time but not required yet. Moving the skill base is a brave move unless they have a clear recruitment plan - skilled labour is not commuting from leicester.

i understand there is a 2nd new NEO still to be appointed and of course the ongoing auditor saga will all help to establish the confidence in the operation.

ha, that's an interesting concept but think it's a little out of the comfort zone. they'll set up their own audit company next.....

i do see a value to a couple of flagship physical stores- as good an advert as spending a shed load on online advertising but nothing more than exactly that - a couple of flagships at the right price (now as good a time as any to get a decent physical location!) physical and online retail set up is so different that your "on cost" and central team is materially different and expensive with minimal return. just dont see the the need and strategy when there are so many other ebit generative markets and activities in core to deliver before!

agree, this is a volatile little b'stard of a share. with US market opening it could go to 3.05 or down to 2.95. i'm not convinced its a big enough move to take the stamp duty to buy back in. if you ask me the same the day before the trading statement (3rd? or if its the Tue, the 1st ) then i'll be selling beforehand as i think this will tick up in anticipation of the trading update and then drop 4/5% on the back of it. However, as is widely viewed on here, at some point an auditor will be announced which will not recover the drop but should see a good uplift. I'd expect they'd try and announce that with the trading update.