Member Info for WolfofWarks

Hexam - do you ever sell or do you hold on no matter what?

It was the analyst presentation.

He was giving it all the ‘let’s get back to what we do best, etc, etc’.

The boom time comment was from the analysts call.

‘I'm not sure I buy the idea that sophisticated investors successfully manage risk by shorting. There's very little empirical evidence that hedge funds outperform indices over the long run. For every Enron, there is a Tesla that the shorters get horribly wrong. But they still charge stupidly high fees. ‘

That’s the point though if you mitigate risk it will dampen returns because less risk is taken. But if a fund can show to its clients that it can return consistent growth in an up or downmarket they have a product to sell.

The biggest problem you have is that hedge funds and high financiers do not have to release public information like a plc would. So we have no idea how they would perform. I’d be amazed if they don’t regularly beat the market though.

If I was looking to establish the market norms Tesla and Enron would be two companies that I would exclude when looking at a benchmark.

You can’t ban shorting, it’s one of the most common ways of mitigating risk for sophisticated investors.

Shares go up and down and investors should be able to make hay and be protected from both.

What does need to be better explained to PIs is the risks around investing in smaller companies and how they raise regular money, are subject to high failure rates and that sort of thing.

She was an admin assistant chaps, not running the factory floor lol.

I watched this at the gym this morning. Anacdotal evidence of a junior admin assistant who was sacked after ten weeks. Nothing really explosive, no senior management remarks or footage. In tell weeks she got a couple of snippets from junior staff and one seniorish buyer. A one liner on cost deflation. A couple of experts who worked for next for carried out very flimsy calculations of what a garment should cost to make.

Will probably affect the price today but a non event in my book.

It will be interesting to see the context of the allegations in this report and whether any weight is given to cost deflation and Boohoo's right to enjoy the benefits of it just like when they need to more more when prices are inflated.

‘ SCB - This is very much me and I don't know why BOO seems to sap so much of my attention for a small position (approx 2% of portfolio). I suppose because there was/is so much drivel posted on here, it pulls me in to post more here. Virtually, all other boards I have are sensible, and get a few posts a day max outside of earnings days. BOO baord was/is a constant drama train.’

Nail on the head sir

‘ WeeWee - I think he's a speculator like yourself who has lost loads and loads of money on shares.’

What money would that be?

Also perhaps to supplement your regular stream of nonsense perhaps you can fill us in on some of your investments. I don’t mean the fake oil ones you invented recently.

Or is the truth that this share has ruined your life and after 8 years you’re still hanging round here like a jilted lover.

Bitter, broken and full of envy for those who now have the chance to take up this risk/opportunity and enjoy the ride up that you so spectacularly rode down.

You think he’s a trader PeePer?

Well according to the analyst call Debenhams is already in profit so why the board would want to dispose of it at this point is just the usual PeePer uninformed nonsense.

Spreading misinformation is his agenda.

PeePer - you are like the Duracell bunny. Do you not get tried or bored of trundling out the same crap day after day?

You know nothing about Tesla - it was massively overvalued at one point but grew into its valuation it PE was over 1000 at one point and is now 65. Which for a company in the position Tesla is in relative to its competitors who are still having ro build Ice vehicles isn't that expensive. Secondly EV's are far cheaper to run and maintain than Ice cars - they are literally batteries on wheels. I'm paying 9p per kWh on an off-peak tariff.

The price decreases by Tesla have been completely intentional in order to flood the market with their cars and achieve better economies of scale - if you listen to Elon's analyst calls he explains this very well. However hres constantly rolling out new factories which take time to get up and running so the benefits from this move along with the after sales servicing is a medium to long term project. The Tesla share price this year has nearly doubled.

As usual - thick as mince - but at least you are consistent.

If you look at Shein's accounts they have a UK vat creditor - so Shein supplies are subject to UK vat. I think their advantage will be in terms of paying no import duty.

'Still it's not as bad as some boards (take a look at QBT, and remember CINE as was?) and none of the rampers are as relentless as PP1 now that T4G has gone. We also don't have any of the notorious chancers on this board...yet. If sharebel/profitjock, nofear or poorinvester etc. turn up then I'm cashing in! So actually come to think about it, it's a fairly decent board with just a few bad eggs so perhaps you're right after all :-) '

You've hit the nail on the head here. A bit of over exuberance but nothing sinister for me.

I’m not so sure topshop is an interesting proposition if ASOS couldn’t make it work. That said fashion turns in circles so if the brand name could be picked up cheap it could be relaunched and regenerated at some point in the future.

Cheers Hexam.

I don’t think there is a ramper problem on this board at all.

If there was you know I would call it out.

‘ Frasers when as Sports Direct didn't pay their employees the minimum wage. Mike Ashley, another Phillip Green.’

What on earth are you taking about? Sports direct bought Frasers, not the other way round. MA then rebranded to Frasers. MA has been the saviour of jobs on the high street.

For a man who reads so much how on earth can you get so much wrong on such a regular basis.

‘ This is the thing PeePer - with enough time almost everything you say can be torn apart and disputed. You'll not have any comeback to my dismantling of you post because you never do. You'll probably respond by pointing out how much money I've lost in Tesla ,,,, even though I bought them years at £100 before two stick splits ...’

‘ WeeWee - you must be losing loads and loads of money on all your shares.

I made £600k on Boohoo and you're still losing. This is what happens to newbie investors who think they know it all.

They lose everything.

This comedy series gets better every day.

Greed does awful things to people. The evidence is all here.’

Go figure.

Parsnips - forgive me for not shedding any tears. I don’t recall you ever saying anything even remotely interesting on this board.

'Currys have huge debts. Boohoo has rising debt.'

Boohoo has a very small debt reletive to it's turnover.

'Cost of living crisis is still affecting fashion retailers and the likes of Currys too.'

Yes but it won't last forever. I still think it's overplayed. Restaurants, Cinemas, Bowling, etc, are all busy. Employment is still high, wages growth is high, etc. The COL affects the very poorest and the over exposed on mortgages.

'Will you try to come down to earth and think rationally?

No, you're not going to make loads of money on Boohoo shares.

They'll probably go down again from here.'

Bookmark this for two years time.

'I can't believe that Boohoo shareholders can be so gullible.'

Like holding on between £1.2m and £600k and ramping all the way up and then bending over for the trip back down?

'Greed probably makes you too gullible.'

Or in your case really f ecking stupid.

'How not to invest is all on this Boohoo chatboard and how people can so easily be taken in is all on here too. It's a mind blower, this chatboard.

It's the best learning experience on how not to invest in shares. It's like a comedy show maybe a fantasy show. It's certainly not reality.

Maybe somebody needs to write a comedy series on this chatboard.

It's so hard to believe real people think like this. I'm sure it'd get loads of laughs as a comedy series. '

You would be the star. The lead act who got so battered by this share that he just can't let go. So despite not owning a single share he spends everyday writing the same old nonsense. Even though he is completely despised, has zero respect or credibility. What a sad tale of hopelessness and desperation.

This is the thing PeePer - with enough time almost everything you say can be torn apart and disputed. You'll not have any comeback to my dismantling of you post because you never do. You'll probably respond by pointing out how much money I've lost in Tesla ,,,, even though I bought them years at £100 before two stick splits ...