Member Info for WolfofWarks

Yes there whole model is based on cheap dispatch from China evading all the tariff costs in each market by being under the duty threshold.

If they start manufacture and distribution in local markets they are going to have to ramp up their prices.

That's why Primark dont do online delivery, it's not feasible to be both cheap and fast delivery at their price point.

Where do we reckon the bottom is here? PE of 13 here now. With the growth prospect this is looking quite cheap for a top up I would say.

I’m not stable. Give over PeePee. You spent last night splashing here and the RevB board with utter garbage.

Then when folk call you up on it you get all offended.

'Well normally I would agree dilution to be bad wolf however many on this message board seem to be keen on the idea of taking control of Rev B, then in some manner getting it's sp down and then forcing a low takeover from the minority holders.'

Well there's no doubt that RevB fits nicely into Boohoo's portfolio and their taking a slice before and during suspension was a brilliantly opportunistic move by the board. They obviously had an idea of the trading performance to make such a bold move at that time.

The CEO post is vacant as far as I am concerned. Bob has done a great job stabilising the company but with today's trading update I think it's at a decent moment in which to have a younger more relevant board step in. Bob's what in his 60's now?

That's twice you've done that tonight.

Very very sinister.

Post the whole para PeePee FFS.

"The Exchange may impose conditions on the lifting of suspension as it considers appropriate. Once the circumstances leading to the suspension have been resolved or clarified sufficiently for the AIM company to make a notification that informs the market about relevant matters, such a notification should be made without delay. Restorations are effected by a dealing notice."

Your actions are truly cretinous.

If he wants shareholders onboard then he's probably best not diluting them, otherwise Boohoo becomes a better option for them.

it’s been a **** week all round. bh has held to pretty well.

Poor - outline the alternative scenario that makes this a 50/50 bet? I don’t mean some cliched waffle either tell us something with some actual substance.

Poor - just read the RSA and in particular the section on the voting and the class they have been split into and the % that have now agreed to the plan. Look and listen to the recent clips of the judges denials of motions the language he uses in describing the situation to holders.

Use some of your maths ‘expertise’ to crunch some numbers on what value would change the game here and how that correlates to the actual value of the company.

I said ‘may’ dependant on whether a trader is still in when the fat lady sings.

You’re not an investor you are a trader and most likely a degenerate gambler who always get in and out at the perfect moment in time. Make of that what you will.

Poor - any other scenario is highly unlikely here - the chances now are miniscule. All the ducks are rowed up, there are no other options. It's winding down to its inevitable conclusion. The votes are all but in the bag as confirmed by the RNS and RSA. Perhaps a trading opportunity but this company is about to become dust and you may get the rug pulled from underneath you.

It's certainly not a 50/50 bet or any other cliches you might come up with.

True

I just can’t see young girls cutting back on beauty and clothing. They are probably more likely to cut back on eating out I would expect. I’ve got an office full of twenty’s and they barely mention the cost of living crisis. The only only that does has a mortgage.

Re the IS distribution centre. The last analyst call have good insight into how it will be rolled out. It’s going to be a slow burner with the US market being serviced between both the US NDC and Sheffield until all new lines have transitioned into the states.

I agree hexam. It’s like they have said something for somethings sake.

More about diversification poor and managing risk.

Not having all your eggs in one basket.

What you are referring to their is promotional advertising rather than proper structured financial advice.

It's a very sad situation and unfortunately a lesson learned all too late. A good advocate for PIs really taking some professional advice if they are going to enter the markets will large sums of money.

‘Neil is an accountant’

This is a bizarre statement T4G. Can accountants not have industry experience? I think Rev B could half done with a couple of good ones a couple of years ago and maybe they wouldn’t have got into their mess.

A lot of CFO go on to become CEOs and they usually have a very broad based skill set.

You’ve got to remember that the process is aimed at saving the company, jobs, taxes, etc, not to try and get shareholders something.

So the simple fact is that the process they are working so has a different aim to yours and this is because of SH having little chance of being ‘in the money’ and the company being ‘hopelessly insolvent’, to quote the judge.

It's complex litigation though Elvis. They've had teams of people working on it for months now and all time spent is chargeable. They are not going to take on a case of this magnitude to a corporate giant on a pro bono basis.