Member Info for WolfofWarks

'West6809 - t4g has been on this website since September 2020. He has posted nearly 13,000 posts, the majority on Boohoo.

I have been on this website since about I think February 2015. You have been on this chatboard a short time so your opinion and view are limited to that time span.'

It's truly amazing in that time how little you haven't learnt. Plus I was investing long before I came on here as I found it by accident when Googling something else. I was a viewer for a while before I plucked up the courage to post. So are you saying you can only be interested in a share if you are a member of a chat board.

Just about sums up your simple view of the world.

'Https://tradingeconomics.com/commodity/crude-oil

It helps to look at the oil price chart. It has been as low as $67 in July. It's now $90 and the highest it's been was $113.

Opec+ will keep the price up by reducing output.

Hence why alternatives need to be found, so the West is not reliant on the likes of Saudi Arabia and co.'

Which is why I was looking at the average across the year. The media only tell you when it's going up, never when it comes back round.

The live oil price rarely ever matters anyway as it is usually hedged or forward bought and sold. No one who uses large quantities of oil is actually buying it at $90 a barrel today.

'I think you need to read all posts to find out for yourself who is ramping.

Hexam can see the ramping posts on here.'

Show me then - sounds like if they are that frequent they should be in plain site yeah?

'There would be far less posts on here, if you could get off your hate campaign on me.'

It's a creation of your own making. If you want me to stop then you must stop. I told you what I was going to do once I clocked what you were doing here. I'm not someone who tolerates or suffers fools and I can't stand people who are hellbent on trying to lose people money, especially what it's out of jealously because of their own previous bad decisions. So as long as you keep playing games I'll be here to pick you up on it and I've made that very clear to you.

'The article proves that the investing in price is more linked to price reductions than price increases.

The Manchester Evening News is the main newspaper for Manchester.

Boohoo's HQ is in Manchester, the paper is in Manchester. Nodoubt, they have contacts in Boohoo's press team.

The article, had you read it in full didn't simply regurgitate the RNS. There were many contributors to the article.'

PeePer - this doesn't prove anything. The local rag has made that statement from the RNS. It's not a direct quote from the company which is the way you presented it originally and it offers no explanation on investments outside of what JL said in his quote.

Surely you understand that???

'Wolfowarks. All views have a right to be heard....If you notice the number of times anyone says anything negative about BOo,and then are attacked for it.....The bears have proved right in their assessments ,and yet ,it is they that are attacked relentlessly....particularly by one poster in particular.A poster who regularly bullies and intimidates people off this board.......'

Come on you know he's hurting and you get a rise rubbing his face in it. It's sport for you.

'I think you must only read my posts because you seem to hate them the most.

There's loads of ramping on here.

For example, you hadn't read scb's posts about TGA and then turned on me for posting about TGA.

Then only mentioned about the dividend and not the return on capital employed.

You're very selective on what you pick out of my posts and also only seemingly reading my posts. Then pulling me up like a headmaster for anything you think could be wrong and talking down to me.

The point is you don't read all the posts, so you have little idea about the ramping.'

Whose ramping then PeePer - give me some examples. T4G doesn't ramp he's usually defending against decamping. Okehurts puts some logic behind his figures - I wouldn't call that ramping. I dont ramp. I can't figure out who you are talking about.

I don't really care about TGA, I don't see it's relevance to Boohoo.

I read all the posts although keep out of the T4G > Pedro > DTN love triangle for very good reason as I have my hands full with you.

PeePer - Energy costs are coming down signifcantly and oil is still way off it's high of twelve months ago.

That said I have had a top up on BP this week in anticipation.

I don't think $90 a barrel is particular prohibitive for businesses given where the oil price has been for the last twelve months compared to 18 months ago.

'No, it was obvious it was from the link to the article.'

But the article pretty much restated the RNS.

I'm still not sure what the article is supposed to prove and why you even posted it.

'Hexam has put things succinctly,but, unlike many on here he goes into this with his eyes wide open...........No blinkers with Hexam....He is obviously intelligent and wide open to all views before making his Investment...I would listen to Hexam and his views,as all points of view have a merit,if the person is a person of credibility....'

Actually Pedro I don't see much ramping going on here. The deramping is terrible though which is why we spend all our time bickering with each other.

T4G - I think the next two years accounts will be tough in terms of profitability but the second year should helpfully show a decent turnaround in the underlying business. With the first signs coming in H2 in the next set of accounts.

Saying that pond fell against the dollar which probably also contributed.

There definitely something in it that there markets liked because the FTSE had a cracking afternoon.

'All this discussion about past growth has got out of hand really and I’m sorry I was part of this. BOO grew rapidly which was great, this growth slowed (which was to be expected) and then turned negative which was probably largely due to some move back to high street sales following the pandemic.

So no great mystery and what is far more important is whether they can get back to growth and for that growth to be profitable. We should get a good view of whether they are on track to do that in the next update and an even better one at the full year results.'

Hexam - you've put that so succinctly that I think anyone would find it hard not to understand where the opportunity is here.

'It's a quote from my link below in the Manchester Evening News from their a`rticle after the final year results for 2023 were released and the Company provided information on their Back to Growth Strategy.

Click on the link below for this article and read it in full.'

PeePer - the point is it isn't a direct quote from the company which is how you presented it.

Anyone having a dabble?

PeePee - it’s a local rag regurgitating bits from the RNS. The article doesn’t actually add anything to what we now so I’m not so sure of it’s relevance.

‘Boohoo has vowed to keep its prices as low as possible despite losing over £90m during the last year." from the link below.

I think that might be a clue for the future of Boohoo, don't you?’

PeePer - that wasn’t a quote so not sure why you have speech marked it. Nowhere in JL’s quote has he mentioned reducing prices for a sustained period of time.

This is classic misrepresentation by you.

"Over the last three years, the group has achieved significant market share gains.

Looking ahead, we are investing for the future growth of this business with automation, local fulfilment capacity in the US and building global brand awareness. We will deliver sustainable returns on these investments.

"We will continue to give our customers the latest trends, outstanding value and a great experience.

"Our confidence in the medium-term prospects for the group remain unchanged, and as we execute on our key priorities we see a clear path to improved profitability and getting back to double digit revenue growth.

"Our Boohoo family has continued to deliver for our customers and the business and I want to thank them for all of their hard work and dedication."

PeePer - you’re looking constantly in the rear view mirror.

Why are we mentioning a company that bears absolutely no resemblance to BH?

‘

RNS for fy 2023 gives you exactly what Boohoo plans to do for 2024/25.

One of them is investing in price.’

That doesn’t automatically translate to price cuts though and if they had we would be seeing evidence of it. They could be upscaling ranges in order to charge more to make more profitable sales. Someone said on here for example that they are selling a £100 dress on plt, or something to that affect. Price is one element of the marketing mix. In those same results a lot do the previous price cuts were to clear down stock.