Member Info for WolfofWarks

The real worry with China isn't just COVID. They are rationing power to factories so they have serious capacity constraints.

So it seems the resurgence of bricks and mortar might not be quite as fierce as it first seems.

Interesting that they outsource their NDC and they are now being held to ransom.

At least we build our own warehousing leaving out destiny in our own hands.

"The US warehousing us too expensive so won’t hear anything re this. They pushed it in the update to “sometime in 2023”

What they actually said was:

"The Group continues to invest in building a distribution network capable of supporting in excess of £5 billion of net sales, with our first US distribution centre expected to go live in 2023, and we are considering options to expedite this process."

"ffs Dog, Elon hired an actor to pretend to be a Robot. It was a truly ridiculous spectacle, but please don't tell me you fell for it."

It's called theatre

Eileen - For all your deramping you've been wrong at almost every step so far.

Tesla is rapidly growing into it's valuation. PE's gone from over 1000 to 90 in eighteen months, where might it be next year?

Tesla is the apple of EVs, an aspirational product and so far ahead of it's competition who are still trying to produce ICE vehicles to fund their EV ambitions.

The FSD and energy businesses haven't really kicked off yet either. Major rollout of charging stations and connectors on a global scale.

To quote the company itself:

"2021 was a breakthrough year for Tesla. There should no longer be doubt about the viability and profitability of electric vehicles. With our deliveries up 87% in 2021, we achieved the highest quarterly operating margin among all volume OEMs, based on the latest available data, demonstrating that EVs can be more profitable than combustion engine vehicles."

They haven’t got the competencies though, there’s no synergy within the businesses. Imagine all the possibilities though within the blockchain, I would have thought that would be the natural progression, for example, the NFT movement, or the meta verse.

It depends on whether they make profits or not as to whether they come back quickly or not.

It’s the macro at play and businesses that make products, profits and pay dividends are in favour after being out in the cold and anything that’s jam tomorrow is basically fec ked.

Apple is now the defensive stock of the Nasdaq.

I’m unsure at the moment where boohoo sits bits probably at a far more realistic valuation now given current constraints. It’s going to be a rocky year though, that’s for sure.

‘ You keep getting the data lake wrong as well. But, hey, it's a lovely text book term. What they are doing in integrating customer data from all the brands. Why are they doing it now? Well it would have been hard to do it before they got hold of Debenhams. Where do you think the data from the core brands is coming from? Do you think they are just magicking it up from nowhere’

That’s a brilliant point.

“ This is when a company is crap with data and why boohoo has only just done it (it’s also why ingenuity is a good idea) as companies with lots of legacy system just put off doing what best in class providers are doing.”

Haha Dan this is your speciality. Surely in your real work life you don’t apply everything with such a broad brush. So any company that doesn’t have a data lake and has some legacy systems is crap with data and inefficient …

There’s pros and cons to a data lake it’s not a one size fits all solution.

If a company has a large spend in IT staff then ‘projects’ are ongoing all the time. They do not have to be stated in the accounts and they are not material if the cost is ongoing spend on IT salaries because you have a team that can bespoke without the need to bring in Gardner, And Digitial, etc.

Are these mining companies not just geeks in a data centre? What do they know about power generation which tends to have a high entry cost and low margin? As much as they might have a couple of quid you’re looking at billions and billions to make any meaningful impact in the renewables sector.

All the shares Elon sold came back to him in options. He had to sell to pay his tax bill due on exercising those options. He’s got more shares now than when he started selling.

I wasn’t a holder at the time but I think there were accounting irregularities relating to stock iirc.

I topped up a bit of Bitcoin this afternoon, hoping we might hit a bit of a calmer period now the Fed stuff has happened this week.

Good results from Microsoft and Apple underpinning big tech and a bullish note from Ballie Gifford on Shopify.

IT and marketing should be working tightly, they’re intertwined when it comes to data.

Well said Rich. A data lake is A way of doing data, not THE way of doing data. I work for a group with $2bn omni-channel turnover and our IT leaderships have faffed around with the idea of a data lake but never gone through with it because our data is complex and we have a lot of legacy systems. I’m not an IT expert by any means but know we rub along fine without one.

Plus BH are a clothing company, they don’t need to press release every time they undertake an IT project. Dan does this regularly. Takes a snippet of information and extrapolates it out as if he’s running the show and knows the warts an’ all.

Dan - spend on it projects and data doesn’t have to go through Capex and the balance sheet. Especially if it’s just something you do as part of your core business and you are not outsourcing or purchasing external software and or consultancy.

Many companies run big IT spends through P&L. Your basis seems to be that that it’s not happening because BH haven’t mentioned it on an investor call and ASOS have.

Another tech and BTC sell off.

Good job the FTSE closes at 4.30pm

“ Add to that Shein will all be fired up with fresh capital from forthcoming IPO and being able to open more warehouses in UK and EU and US.”
Shein won’t do that as they will have to charge vat, etc.

The model works on dispatching from Asia and evading all the local taxes.

Kallu Tesco haven’t lost market share. There market share has been flat for years.

Talking shi t as usual in the hope that some sticks.

I thought you has been redeployed to another board.

It’s not the apple’s and Microsoft’s that are the problem. It’s all the over valued jam tomorrow tech that shot up during the pandemic.