Member Info for WolfofWarks

Here's your issue.

Available on Sky already ....

Elvis - you’ve popped back out of your shell. Having been largely wrong the whole way through at least you had the decency to keep quiet for a bit.

What about the interest fees?

Hexam - exactly what I was getting at but far more succinct.

If the company worth $6bn it would have been sold for that by now.

The difference is Gaz I’m not the one making all these wild claims. Is all I’m asking peepee to do is substantiate them, which seems fair game to me. The problem being he can’t he’s the google and cut and paste queen. He’s a poor man’s Kallu from 18 months ago and I’m calling him to account.

This is a public company - the market values it. Valuation is not an exact science either.

Why is a valuation even required when no assets are being sold? This is a distress on those assets due to corporate failure.

Even if a valuation is sought it’s not going to be anywhere near the debt level under any conventional methodology.

‘ When buying shares to make money you need 3 things, good fundamentals, good technicals and a good market.’

I haven’t seen any evidence that you have the slightest clue on how to assess any of these three things.

I doubt anyone is going to take any advice from someone who goes long at the top and short at the bottom.

‘WolfofWarks - try to think laterally on where you could find the information you want on Shein.

There's a clue for you on how to do some of your homework.‘

PeePee - just hold your hands up and say it’s a private Chinese company that only shares its financial information with a small band of investors and close companies that it wants to raise finance from and that like everyone else you don’t actually know.

If would be far easier than making out you actually know the company and how they perform financially against Boohoo.

‘ WolfofWarks - so if you know the answers where are they?

You do no homework on cost of sales items for online fast fashion companies, on incorporation in Jersey for Boohoo, this is why Boohoo won't ever move from AIM, on Shein.

You spout only rubbish on here making it sound knowledgable. You've been rumbled ....

Get off your backend and do some homework.

Anyone who buys Boohoo shares without doing loads of homework on Shein is gambling their hard earned money.

When buying shares to make money you need 3 things, good fundamentals, good technicals and a good market.’

It’s probably far quicker to just say you don’t know.

Another question for you. If boohoo should be putting the Sheffield distribution centre into cost of goods sold what should they be putting into their distribution costs?

Also if you can point me towards the accounting standard that states that Boohoo do not have to follow the conventional rules on producing an income statement because they are a fast fashion company.

Come on chop chop you keep making these broad statements now back them up for once.

Elvis - It makes little odds whether a valuation is obtained or not to the outcome. At the end of the day no offer has been made that comes close to clearing down the debt. This is a public company and therefore the market decides the valuation.

You could use any method you like - PE, discounted future cash flow or something more sophisticated - the outcome will still be the same. Too much debt and a recovery that is coming twelve months too late and no cash in the bank or means of raising any in its current legal form.

No different mate.

The debt is too big and the voting % required to put the plan through as good as absolute. The bankruptcy code in itself doesn't allow for a payout to shareholders here unless the creditors are made whole. The maths simply doesn't work no matter if SH can pull the judges heartstrings a little bit.

Hi Yuri - I was referring to the lenders who will be voting to decide Cine's fate.

MIK - the UK business is included within the C11.

This RNS was basically to confirm that they have virtually the whole of the legacy lender class voting in favour of the plan and over two thirds of the rest of the DIP lender class.

Giving them an even stronger hold of the upcoming vote.

PeePee is doing what he does. Making broad statements with absolutely nothing of any intelligence to back it up.

PeePee - since you’re so well versed in all things Shein can you please come back to me with the following:

- What is Shein's annual revenue

- what is Shein's gross profit

- what is Shein's gross margin

- What is Shein's return rate

- What is Shein's EBITDA

- What is Shein's profit before tax

‘ WolfofWarks - you're an imbecile who can't be bothered to do his homework.

Go and answer your own questions you lazy person.

You know nothing about law, cost of sales for online fast fashion companies and Shein. What a p***k’

Must try harder PeePee.

I’m gonna follow you round discrediting every mid-truth you come out with. You’re going to be sick of the sight of me.

You can’t answer my questions, it’s as simple as that. I know the answers - you do not.

It all depends on how much the automation costs in relation to the staff costs. For example we might have increased maintenance and IT costs.

Should be a decent saving to made though.

It would be naive to think no cap ex and it also depends on how much capacity they have built into these centres.

They could outgrow them very quickly if the USA and all the brand acquisitions do very well once the economic circumstances change.

Haven’t had chance to go through the annual report properly yet but I did have a read through the chairmen’s statement. The Sheffield automation has reduced staff costs by 49%.

Nearly half.

I also see the exceptional that PeePee was obsessing over are not only clearly displayed but show the figures with and without them. Completely transparency enabling the reader to make an informed choice on the presented data available. Plus guess what, the loss is still only £90m.