Member Info for WolfofWarks

I’ve never green boxes anyone. It’s best to deal with a snake head on.

PeePee - what evidence do you have that BH have significantly reduced their prices?

You yourself keep posting a link whereby BH state that they are going for more profitable sales.

You are a walking contradiction.

Imagine waking up in the morning having your breakfast and thinking I know what I’ll do today - I’ll annoy the hell out of a few folk on the internet. Day in day out - no signs of any gainful employment or worth.

What a way to lead a life.

‘The money that's being saved from freight and cotton are going into Boohoo's back to growth strategy. It's all in the RNS for fy 2023.

The money saved is going into price, proposition and speed.

Customers will soon want same day delivery and companies like Boohoo will have to be able to provide this.

Boohoo have already guided for 10% to 15% decline in revenue for H1 2024 and flat to 5% down in revenue for fy 2024.’

What’s your point in continually repeating this? Do you think that’s a bad use of cash. Every business accounts for every penny - not too sure why you are spinning it as negative. I asked you this yesterday but I’d H1 growth is 15% and FY growth is 5% what happens in the second six months?

Please answer because you keep telling us how BH has no growth prospects but then the very RNS you keep trumpeting proves this is not the case. Although I don’t think you have the smarts to understand this.

‘Stop replying to my posts, you're wasting, my time, your time and everybody's time. ‘

The only person wasting your time is yourself.

Get a life!

That comes with downside as well though in terms of our own costs. Obviously depends on which jobs as well as certain professional industries in areas like IT and Marketing have extremely high inflation.

'Whereas your childish playground personal insults just show all readers that you have nothing of import to relay.'

'Hey mouseofwarks... '

.....

'PS.

Though it's still very bad, the Birmingham shortfall is about £1 Billion. (It should be investigated and maybe heads should roll). Why don't you both make a fuss about the £5 Billion lost to scrapped PPE equipment. tuan, check with warks (he's an accountant, (apparently) so should be able to help you, 5 is bigger than 1. Quite a lot bigger actually...'

This is what happens when simpletons get the chance to look at things retrospectively. PPE at that time was very difficult, the whole world was trying to get hold of it. An impossible position at the time and I'm saying that as having worked in the supply chain at that particular time sourcing PPE, hand soap, facemasks, etc, for large organisations in the construction industry and facilities companies supplying local government. We turned our 3D printers round to make visors for the NHS and supplied gas to the nightingale hospital ventilators.

If I was you I would take a step back from the keyboard, take a breath, re-read your posts and ask yourself 'Do I sound rational?'

Jotom - are you simple or something? Where have I trumped world beating achievements - I haven't. It's all in your head.

The main point that I was making is that it's hard to affect change when you start from a position of having no cash to spend and the credit card maxed out. Those who can't wait for labour to get in must have short memories.

That's not to say the conservatives have been brilliant, they haven't. But it would be daft to not recognise the financial constraints they have been working with and the hand they have been dealt with Covid and the Russian war.

They have done plenty wrong - the peak for me with Liz Truss almost bringing down the financial markets. Teressa May was flat, Boris at times frankly embarrassing.

Jo Tom - you’re an absolute fruit cake.

‘I have said, I don't vote labour, who I vote for is of no import here, I am asking for results from the people who continually push a tory agenda, and push tories as being the best for the nation. That is all. I wish to give them a chance ‘

I haven’t pushed a a Tory agenda and I certainly haven’t said they are best for the nation. Ironically the only poster that has pushed an agenda here is you. You’re that frenzied in your opinion that you are failing to see the wood through the trees.

PeePee - let’s test some basic stuff in you, if FY24 finished 5% down like you keep posting for FY2024 what happens to revenue in H2?

After all you are an attention to detail man.

Given his preaching on here it’s worth recollecting done of PeePee’s more recent faux pas.

He doesn’t know the difference between gross and net sales. He doesn’t know the difference between gross and net margin.

He thinks exceptional costs do not come off net profit. He thinks distribution costs should go in cost of goods sold.

He doesn’t know what net working capital is. He doesn’t know what net assets are.

He doesn’t realise that companies operating in the UK have to abide by uk laws. He thinks the AIM is not regulated.

He’s accused Bob at REVB of being up to no good. He’s accused Mike Ashley of shorting.

Pedro - the difference here is I’m looking forward to what I think (could) happen. Whereas you and PeePee are obsessed with looking backwards.

‘WeeWee - you're the one who is insane, buying Boohoo shares and holding them at a loss. You have already stated the USDC will take a few years to become profitable. How come you don't listen to your own advice?’

PeePee - I never said to become profitable, I said to reach full capacity rather than the immediate ramp up that T4G was suggesting. Time goes quick, 18 month ago the USNDC was an idea and now it’s a reality.

My focus is to find the bottom and then wait patiently. I don’t sit watching the SP everyday and I rarely ever comment on it as believe in the (future) fundamentals rather than being a chartist. In my experience fundamentals win out in the end.

PeePee - seriously get a life. This will do you no good in the long run. Or at least if you have to do it make your point once and let it fester. No one can engage you because you just repeat the same thing over and over again.

‘The definition of insanity is doing the same thing over and over again and expecting a different result’

I get a bit too involved sometimes and probably post a bit more than I should or need to.

But he was on a different level. To think the level weather to be had as well all weekend.

This is what happens when a plumber from Rotherham is still living in his mum’s basement at the age of 50.

PeePee behaviour over the weekend was very concerning for his mental health.

Cannot be healthy to be that obsessed.

Sometimes you’ve just got to let go for your own good.

While you are on this subject £ VS $ is another headwind that's receding after Truss and Co tanked the £.

The problem is TFG PeePee doesn't understand numbers.

He only has to zoom out on his chart to see the massive reduction.

Or look at how much time the 100MA spent at the higher prices.

PeePee - you failing to grasp basic English here. The statement simply says that they are producing more clothing closer to home, not all. The reason clothing and materials are sourced in China is to do with price. So if more sourcing can go back to China with cheaper and more stable air and sea freight then this will improve margins further.

This is the problem when you base your whole thesis on a moment in time of maximum headwinds. For the bulls things can only get better. What you are actually doing and I don't think you even realise is strengthening our argument that margins will return.

Just like when you were ramping at the top you are most likely now deramping close to the bottom.