Member Info for WolfofWarks

Xerxes - I would have thought due to the lack of ii's holding and brokers who would offer more sophisticated products to high worth clients.

I’m sure if he has had a bad run of loom he doesn’t need it rubbing in his face.

What about high waisted jeans?

Actually AZ bought it up in the interview and the recent RNS which has brought the whole regulatory piece up for discussion.

Not that I think many shareholders take any notice or understand the importance of it.

I think it was probably more likely triggered by them selling crap out of fashion clothes for too much money in stores that the now ‘mum and papa’ customers no longer want to go to :)

Dickie there’s a massive rotation into value and recovery shares going on in the wider market at the moment.

It’s got nothing to do with a few disagreements on a BB.

Are post that are getting removed due to insults. Surely not when things are simply being discussed?

Not that alone but it's clear as day that investors will pay more for a share that offers high growth potential hence the high PE.

If Boohoo can shake off bad media and there is nothing else hiding under any rocks the fundamentals and growth potential (I'm thinking in particular PLT in the USA) are top drawer.

Plus COVID put their products front and centre of their market and is now slowly wiping out their competitors.

Surely that's worth paying a premium for?

The high multiple is just indicative of the rapid growth.

Surely the winner here is to understand both the technicals and be able to judge sentiment. Under £2.80 you didn’t need to be a chartist to work out that boohoo was a strong buy and would recover.

Plus having good business acumen and an ability to read financials to a decent standard.

The whole market looks to be breaking out after profit taking yesterday. My whole portfolio is up. The USA isn’t open yet snd Tesla is 5% up on pre-trading.

Good afternoon ahead by the looks of things.

Come on Chalker they’ll be lobbied by anyone with a vested interest.

Surely these revisions up for discussion are based on the experiences of their clients.

This for me now I’d the biggest issue in front of SYME in order to get started.

Is that real? It’s barely in English.

“Can they just treat the SYME transaction as funding and ignore the sale for calculating all those numbers?”

Calamari - this is my biggest worry with all this - the client company is effectively buying and selling the stock twice. It doesnt ‘t make sense and we really need to see that regulatory approval and how/if they have worked around it. I just can’t see how the 8% fee payable sits comfortably within cost of goods sold and the gross margin.

Ah looking at the other side of them diagram there is some kind of insurance in place. Can’t remember seeing in any of the detail who it is underwritten by though.

We’ve only really had the overview so far. 4) is an absolute corker tbf. The diagram on the site makes reference to re-marketers selling unsold stock. Not really sure in practise what that means or how it would be achieved. There must be a decent process as I would have thought the funders would have been all over it.

Yesh should be a solid update on M&S partnership as well.

Could be because a large competitor is about to be wiped out with no rescue package by the looks of things.

Bah phone fingers.

It would make no commercial sense for the stock to be sat there for three years. The video on the homepage of the website explains it very well.

“The investors temporarily 'buy' a businesses inventory for 3 years.

This is considered a sale of goods (VAT is charged), so it's not a debt, so doesn't look bad on the balance sheet.

The inventory stays with the business and over 3 yrs pays about 8% 'interest' of the value of the inventory. After 3yrs they buy the inventory back and that's the end of the transaction.”

David this isn’t correct mate. The business carries on as usual. When the client sells their stock it triggers a buyback. So SYME fund the gap between finished stock and receivable from the customer. Rinse, repeat. This framework is in place for a minimum of three years.

It would make no commercial sense for the stock to be sat their for three years. The video on the homepage of the website explain later it very well.