Member Info for WolfofWarks

Kallu - The current problems in the US are rooted in the long lead times it takes to get product over there made worse by the current short term supply chain issues. Something that will be corrected in due course by the opening of the US NDC.

So by your logic a company which has a current problem - which is still underpinned by healthy sales despite the woes, and is taking proactive steps to address it is valued at zero.

"Can teach investment to professionals"

"The cost of processing returns is greater than the cost of the items themselves"

That's not true, it all depends on how efficient the process is. I work for a omni channel business with an online NDC and we had to learn how to handle returns efficiently. It took a while and a lot of resource to start but once you learn how it becomes part of the way you do business.

For example, when planning a new NDC you allocate sufficient bays and space for the incoming returns and we have a separate 3D packing machine that deals with the rest efficiently once the goods have been quality checked. We can handle returns efficiently for 24,000 lines of online stock. The only real problem we have is lengths of cable but they are a pain in the arse when you're sending them as well as they to be measured out and cut manually.

It's the reverse final mile part of getting the goods back from the customer that is the most cost intensive.

"7. You live in your parents basement."

I hadn't considered this but it makes perfect sense.

I've got COVID at the minute and I'm almost certain it's the omnicrom variant.

I've been testing all week as my family who I have seen a number of times over Xmas have slowly started getting positive LTF tests one by one. So Thursday afternoon I started feeling unwell, Basically a bad headache and felt really tired for not even 24 hours. Since then I've felt like I've got a bit of a cold.

So there is six of us who have it with my wife and son still waiting for PCR test results and I probably felt the most ill which was basically a reasonably mild flu for under 24 hours.

When you factor in that most of the ill are unvaccinated I think we need to get a grip and start just getting on with it like sharefall says.

Kallu - Even with the reduced GROWTH we still made net sales of £105bn in those three months in the US. How is that a business worth zero you absolute clown?

should have gone to specsavers - just noticed the first line you wrote :)

Hi mate.

Tesla current PE is 350-ish and forward PE should be significantly under that unless the share price goes on a rampage again.

The 1600 was about 15-18 months ago when they moved into modest profitability which should now sit around $4bn.

HR - I'm in BIDS also.

Should be an outstanding year. Brilliant end to what's been a bittersweet year on that one.

Comfortably beat analysts expectations again.

Discuss …

They reduce gradually and over time.

If they've ramped up since 325p bit by bit so there's a huge margin for the price to increase before that comes under any kind of pressure.

Dan - I don't think they are thinking £1 was the bottom longer term. If they are thinking along the same lines as Kallu there is some way to go if they truly believe the model is flawed.

They started ramping up their short position from May-21 when the price was 325p, The December update and drop would have been a sensible time to reduce their position substantially if they thought it wasn't something longer term.

Hopefully that makes more sense.

Kallu - Boohoo is not going into decline. It's just not growing as fast as anticipated.

"Marshall Wace are betting on UK retailers like Asos and Boohoo not to have done well over the Christmas/New Year. period"

I think they are betting on a far longer term problem otherwise they would have closed by now assuming the December update and the subsequent 20% drop dampened expectations sufficiently, instead they are increasing.

"@kallu the analyst on the isn't understanding he’s making the point that actually should this data have been given all along"

Dan - that's my understanding of it as well.

The analyst was saying that net is the most important metric, and pretty obvious really.

I'm fine just feel a bit rough and gets waves of tiredness. No worse than having a heavy cold really.

I'm ill in bed with COVID so I'm finding chatting s hite on the internet a welcome distraction!

Hi Spaceman - I'd take solace in that the best from Argo is still to come.

I think when a share is beaten down and unloved like ARB is now it's time to buy with a medium to long term view and bide you time.

The only real uncertainty is whether Crypto can emulate the success it has had this year. An increase in inflation and interest rates might swing more II money into the space perhaps.

Wyndrum - Have you ever studied the efficient market hypothesis?

The bitcoin Elon has sold is largely paying off the massive tax bill he owes on his exercised options.

This share has been a gift for traders this year and very profitable for long term holders. My only regret is that I didn't get in sooner when I got my first sniff if it in Dec-20.

Anyway plenty of good news to come in 2022.

Happy NYE all.