Member Info for WingingItSince92

‘Clear buying opportunity’ at Boohoo, says Peel Hunt

Boohoo (BOO) is a ‘buy’, says Peel Hunt, which is predicting a recovery in the fast-fashion retailer.

Analyst John Stevenson retained his recommendation and target price of 75p on the stock, which fell 0.8%, or 0.4p, to 41.5p

£1.75 :D

Haha Primetime well put. I’m not selling anything either.

And if it goes anywhere near a quid I’ll double down on this baby!

Completely agree with the sentiment here.

I first bought NEX for 115p but (in hindsight) stupidly bailed at 175p.

I’m invested again now with an avg of around 170p (so underwater at the mo). I have quite a significant chunk in here and no I’m not worried at all.

What has surprised me is the fact that shorts have increased to over 2% (disclosed). Latest increase on short tracker is 9th May.

Shorts often get it wrong - but imo shorting NEX around the 120p just seems absolutely bonkers.

Anyone know more about the shorting world and what the possible strategy here could be?!

It just seems ridiculous that anyone thinks this is going to tank significantly from here - and bets money on it!!

If I *had to* I’d put my mortgage on this hitting 150p before it hits 90p - so surely investing in it would make more sense than shorting …. Hmm

The bickering on this board has kept me away from it.

However, the De-rampers were unified in their assumption the sp would collapse today. They were almost gloating…disgusting behaviour when you know there are shareholders on the forum. There is a way to say something.

Seeing them get it so horribly wrong (even if it finishes flat) is quite embarrassing for them, but also goes to show how unpredictable the sp is at the moment.

For those of you deep underwater - this should be a sign of relief if you’re holding out for a recovery. Should the tides change, it could be back at £1 in 30 days!

Dated 24.03.22

boohoo group (LON:BOO – Get Rating)‘s stock had its “sector perform” rating restated by Royal Bank of Canada in a research note issued on Thursday, MarketBeat.com reports. They currently have a GBX 150 ($1.97) price objective on the stock. Royal Bank of Canada’s target price indicates a potential upside of 73.59% from the company’s previous close.

That’s a very narrow minded way of looking at it. Small picture stuff.

How about this - the demographic buying BOO are teens / young twenties with little to kids responsibilities (mostly). Therefore a few % increase (from £5 to £5.50) - may even go unnoticed.

Secondly who does well in a recession? Expensive or cheap brands?

As consumer purchasing power decreases - I am more likely to buy something from BOO than I am from say, Ted Baker.

Anyway. On a serious note - what I find interesting is the fact that shorts have stopped moving as one - in the last couple of weeks some massive shorts have closed and opened by different funds. Makes you wonder ….

I must admit, I bought £14k more when it dropped recently at 196p & 189p - doubled my holding and avg came down to 220p. I offloaded some at 249p to rebuy at a lower price - thinking “should I just offload it all and rebuy in the 230’s?” - oh well. I know this stock is headed for 350p+ - and I think divvies may just do it!

Other research analysts also recently issued reports about the company. Citigroup reiterated a “buy” rating and set a GBX 350 ($4.59) price objective on shares of National Express Group in a research note on Wednesday, December 15th. Berenberg Bank restated a “buy” rating and issued a GBX 340 ($4.45) price target on shares of National Express Group in a research note on Monday, January 17th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 336 ($4.40).

remember when he said buy Capita …. Let’s all take a minute to laugh at this clown.!

Kindness, what’s interesting there is your “range”

50p - £9 ….we are pretty much there on the lower side …which means there’s only one way to go…

Is it me or have the trolls gone very quiet …

Mate - if the SP wants it can hit 160p in 2 days let alone 2 years.

It’s BOO and it’s AIM.

I was in PFC last year when it went from 90p to £2 in a matter of days … (yes I sold too early but nevermind! Haha)

Those who are clueless about investing will always talk about the SP - not the fundamentals. If you‘ve invested for solid fundamentals, as I have, then you have nothing to worry about.
Short term pain during a pandemic will ease over the coming months.
The fundamentals are all that count.

Those you know, will understand ;)

I think it’s very telling when someone asks “why would the longs not sell at this price?”

I hope it’s rhetorical because only a naive teen would be so confused by the notion.

My avg is nearly £1 / share now. I am looking at opportunities to BUY, not to sell ha-ha!

Slicing on the way up is something for the future - at the moment, any big dips and I’m ready with my wallet open!

WorldQuant LLC 0.59% -0.10% 14 Feb 2022

“Worser” haha. Nice one max. Will definitely be taking your advise onboard.