Member Info for WolfofWarks

Pedro seriously who is ramping? It's in your imagination.

The deramping on the other hand ....

I think you would need a pretty heavy recession for any material impact on WOSG customer base in which business are heavily impacted and the larger paid professional employees start losing their jobs, which isn't likely to happen at the moment due to the buoyant jobs market at the upper end.

I doubt your average swivel eyed Daily Mail reader is Boohoo's target market.

Yes should have remembered it given how many times you were repeating ti ad nauseam the other week.

'If Shein are slowing, then Boohoo are slowing too.'

Because they are completely correlated right? If Boohoo are moving into more profitable sales they that is actually a diversification away from Shein and explains why they are raising the profile of brands like Karen Millen.

This is the but that I think you struggle with. You still see Boohoo as a pure fast fashion play, like it was in 2015, much it's a much more diversified business with many income streams from different sectors.

Plus as much as people have returned to shops they are still closing down. So yes there is more competition from other online players but there is a lot less competition from bricks and mortar. Boohoo are not competing with Next and Marks and Spencer head on, only through specific brands.

If you don't live in a city like me how hard is it to go shopping and come back with bags of clothes - you can't.

At those margins though Pedro at some point they are going to have to raise their prices, which means they lose their USP and will also at a higher price have to offer better delivery terms. Shipping from China will no longer do if customers have to pay more.

Their model works just about but they are not making any real cash, which is why they are needing the continual fund raises.

Boohoo were ahead of the curve when it came to reducing inventories and reducing elements that make up working capital, hence the rug they pulled from under the so called experts last time round. With the USNDC opening I wouldn't be surprised if inventories are now rising.

'Very obviously Shein is a major problem for BOO.....They are going to eat BOOs lunch.....Most definitely.....At a time BOO cannot afford to go hungry..........U.S. Expansion will be costly as well.....My theory that part utilization of the new plant will be costly and that cost per item will go up massively as a result was mentioned yesterday by a director in a post on here yesterday......totally confirming my opinion......An opinion that had been totally rubbished by many on here......Any apologies?......'

Revenue is vanity, profit is sanity. They won't be eating anyone's lunch for too long on margins of 2.63%.

Don’t forget Oke they have had to stock the USA this round so will affect cash flow.

Hi hi don’t live under a rock though right?

Surely you’ve used Amazon?

You’re just desperate to find any angle.

Absolute desperation and all around pathetic stuff.

Pedro - Personally I think the COL crisis is overdone. it's still very difficult to recruit people. I think given the employee shortages at the moment a bit of rising unemployment could actually be productive for the economy if it plugs the current rather large worker gap - especially in manual occupations and most business related professions like IT, marketing, law, etc.

I didn’t realise trip advisor was such a hot bed of retail activity.

If you look on trust pilot Amazon’s highest rating is terrible. Amazon pretty much the gold standard on online shopping.

Online ratings are quite often someone folk go to vent.

I’ve bought aftershave from Debenhams before and the stuff arrive. Can’t say it was a particularly good or bad experience which is what the vast majority of customers will experience.

Stop playing the victim you wet wipe.

You are someone who brings everything on themself but doesn’t have to self awareness to realise to release they are doing it.

Nothing better to do then spend day in day out trying to get a rise out of holders here.

What a way to live a life hey.

Next make quality workwear imo.

I find there suits are better than Moss Boss in terms of both price and fit.

PeePee - I don’t think you can call picking apart your simpleton devious ramblings ‘hate speech’.

I see posts are being removed again ….

JoJo is proper quality stuff.

‘ Technically very week now and asos results should cause major concern here given they are in a far better shape than boohhooo ’

Clearly on a wind up here.

'I've only mentioned them on this board because WeeWee kept pressing me more and more for them. '

That's nonsense, I've not mentioned it for ages. You've only started mentioning them recently after they have gone up. You lake any kind of credibility. People who invest in £150k chunks do not post on bulletin boards and are not thick as mince.

They will also have basic financial knowledge such knowing the difference between gross and net, understanding how inflations works, etc, etc, which you dont and most likely never will.

You still haven't made any comments regarding Shein's tiny profit margins despite preaching to us that a gross margin of 55% is required to survive in the fast fashion business.

I don't want to park myself in the argument going on here but in terms of the RCF it was fully drawn down but the cash is sat in the bank - giving the net cash position of £6m or whatever it was.

So while it is fully drawn down and they may well have drawn down on it as some point to fund RevB aquisiton there was more than enough money to repay it if needed at that particular balance sheet date.