Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I'm not getting dragged in and this is the last I will comment. But I think you've sort of answered yourself really. That you look to the minutiae such as extra sizes but Dan is looking at the big picture. I think this might be why you both don't agree but when you're looking at a £4billion business I fail to see that extra sizes in Burton is the driving factor of success here. I think when you look at it and I did tune in yesterday to Carol (quite a lovely lady I'll add) made a lot of noise around how the platform was enabling those product range sizes to go through the roof. So again I think this helps with you and Dan as you see the output but I think Dan is telling you the big picture of how Boo is getting there.
I don't see platform as just words I think it's clear that there is something here as the high street chains have been eaten by boohoo's speed and low costs. Those advantages come from somewhere.
But to say my final piece, I think that you don't venture a clue on value suggests again you don't understand shares (I'm a novice too so I'm looking to learn more and not saying I'd be better) and I wouldn't class being rude and then dodging as finishing a point as I said I think you've looked a bit daft here and exposed that you're not too clear on the big picture when actually it's those items which have a lot of us here excited (and got me to Next). You also can't make a claim that a share is cheap and also no clue how to value in the same sentence. That's a contradiction. You're also referencing the 25% growth which is the expectation and you're comparing. Again read below you say Dan is wrong for this?
I've not enjoyed the ride here although so far as I'm on losses since last results but I feel more confident now and yesterday the results were mind blowing and I enjoyed the management team.
Windy out
Sorry boys I think I might mediate again here. Old Windy will bring some order. Although again frustrating this is helping me understand more. Rag I think here you're acting like Trump again which you accused Dan of but you're just dismissing and making silly inaccurate points which Dan is addressing and then you offer no alternative back. Your point re the bullet points which you missed and how you acted did make you look rather childish.
I will say I'm learning more and these debates are useful, I really appreciated the platform debate (the clip on the Founder - great film) was really useful and I've added to Next which this morning I feel very happy about.
I never wanted to back up Dan as I have found him frustrating and belittling in the past but rag you are x10 in the below and were the other week. So I think rather than keep putting Dan down for points you're shown to be incorrect about (I don't know how many times he re-cut the platform thing for you but it was quite clear you didn't know what it was in the modern context) you should instead offer something back in relation to what you're trying to talk down. Why not walk the walk and provide a value? I think this might settle these points sooner and we all move on
Windy out
Can you try and not be a know it all for once. It was pointed out to you the other day I believe. Fine on this one again it looks like you're right but try and do it without the digs. I can't wait for rag to have you on something as we will all love it
Windy out
Don't post much. I live in the shadows but bought on the last set of results
I enjoy the debates but some times you two do go on. No doubt some good stuff but jhezzzzz
Just wanted to clear up though that the market place isn't going to be indie brands. Sister is at boohoo and that's not the plan. Annoying to say but it's more where Danl90 said
Windy - out
Hi Razor. Thanks for sharing. I like the Next article too. “All time highs!”
How do these guys (or gals) calculate this and what should be the magic number if 15 is too low? Does boohoo have the same number?
Also what’s meant by “pure play”
Sorry for the Q’s I’ll be up to speed soon (I hope)
Windy
Ahhhh I see. So once you have the customer on the hook you don’t lose them or it’s too expensive for someone steal.
The platform part? Is that just preference? Tbh having a mix of brands sounds to me like the better idea. Just thinking of Selfridges?
Either way I’m in tomorrow I might regret not having the bottle today. Alas
Sorry I’ve watched this board for a while and I’ll admit off the bat. I am NOT invested here or Asos but I have underestimated both businesses over and over and depending on results tomorrow I might join the party.
I read a bit about Asos today but the below makes me think boohoo is the better bet.
The bit below is the quote. Can some one shed some light on this?
Liberum are wondering whether the high customer demand is sustainable in the longer term.
“With COVID-19 increasing the importance of the online channel for store-based retailers, the fight to get the incremental customer could actually get tougher from here which may require further marketing/ gross margin investment,” the broker commented.
“We continue to prefer brands and platform models over ASOS’s wholesale model where lead times are long and capital is tied up in inventory making it difficult to quickly change the product mix.”
Back to me. From what’s been said today is an early dip the time to get in?