Member Info for WolfofWarks

'Shein have already taken loads of customers of Boohoo and Asos in UK and USA. '

Actually Boohoo drop in revenue is in line with the other online players so Shein's great of the market isn't proven. The space as a while has got bigger due to the receding of bricks and mortar.

'Customers are only interested in price and don't care how long it takes Shein to deliver. '

That's not true. Consumers have different tastes. Some prefer quality over price. Others buy because they know the products will turn up in a day or two.

'This is why Boohoo are having to throw everything at reducing their prices to compete against Shein.'

Boohoo have dropped their prices by 1%. I don't think that's throwing everything at at somehow!

'It's costing Boohoo a fortune to compete against Shein on price. '

Your evidence of this is?

'Why do you think Boohoo is loss making and won't make a profit, albeit a small profit, until fy2026?'

They have a plan and a decent opportunity. You make money by exposing yourself to both risk and opportunity right?

'Who in their right mind would want to buy Boohoo or ASOS? '

Frasers

'Michael Murray CEO is speculating on making a bit of money on shares of Boohoo, Asos, Currys, etc.'

Frasers are strategic investors, not market traders

'Asos have huge losses and need to repay a £500m bond in a couple of years.'

ASOS are in a far worse position then Boohoo. Debt does not have to paid back in the manner you are suggesting. It simply gets refinanced.

What tie up with Shein exactly? He’s flogged them a brand he doesn’t need anymore and kept all the property and talent. Meanwhile he builds his stake in ASOS and Boohoo.

You sound like a swivel eyed loon.

Reardon - I’m not so sure they do have the financial firepower. They keep having to go back to the market for raises. We know from their UK accounts that they are selling in the UK at wafer thin margins.

‘ I made £600k from Boohoo WeeWee so stop the lies.’

If this was even remotely true any sane rational individual would have moved on by now,

Yet here you are, in a place where no one likes you doing your utmost best to annoy the hell out of everyone.

What a life to lead.

He also intimated that Bob was a crook and that Mike Ashley was shorting.

‘ So there it is, focus on fewer brands means no chance of buying Boohoo nor Asos.

Collaborating with Shein means no collaboration with Boohoo or Asos. ’

Yet they keep accidentally buying up large tranches of both companies.

I’m not frustrated, only with you because you are a bell end.

You’re clearly frustrated though. Otherwise you wouldn’t spend all your days round a share that has slapped you round the face over and over again.

You need closure so you can move on and annoy someone else.

‘ Those believing Fraser's were on the cusp of making an offer for Boohoo, need to rethink that one in the light of this sale. Why would they sell an asset to Boohoo's biggest competitor?’

They’ve only sold them the brand name which I guess they didn’t need. They’ve kept all the assets and man power.

Jesus PeePer - there is something seriously wrong with you.

How many posts? Absolutely tapped in the head.

This isn’t good for your mental health. Go and find something productive to do with your time.

PeePer - when you get riled you start multi posting. It’s a tell tale sign that you are on the ropes.

Now answer some questions:

‘ WeeWee - Bob Holt was another CEO not to trust. He pumped up Revolution Beauty and look where it is now’

Where is the RevB business now?

‘ ave you ever worked in and around a business? Answer a question for once in your life. I've worked in and around medium to large companies for 25 years. ’

Please answer this. It would do your credibility the world of good.

‘ First rule of shares, always protect your capital. ’

Like when you pumped Boohoo up the highs and then got smacked all over the place on the way down. Leaving you bitter and full of envy.

You don’t hold any shares do how you feel entitled to give any advice is beyond belief.

Lets not forget that after ramping it all the way to it's highs he then reckons he lost £600k on the way down.

Now he's trying to give us all investment tips like he's Bobby Axelrod.

PeePer - it would be be helpful if you had some proof behind your allegations seeing you are putting it in print and all that. Bit like what you said Bob over at RevB was a wrong 'un and Mike Ashley was shorting. I've heard legal action is a great device, etc, etc ...

Have you ever worked in and around a business? Answer a question for once in your life. I've worked in and around medium to large companies for 25 years.

If you're using Trump as a precursor for what goes on in normal business life then you need to give your head a wobble.

'WeeWee - so hence why Boohoo are going to have debt of £70m by fy 2024. That makes for an untidy balance sheet, imo. And you know from the last balance sheet how much debt Boohoo will be in by fy2026.

People don't like me because I bring reality to them and you. Nobody likes a mirror to all their mistakes.'

Even with £70m debt they will still have over £250m of liquidity. That's how financing works. How much cash or debt they have in 2026 depends on how trading goes and neither you or I know that. You wouldn't know what a good balance sheet look like because you are thick as mince and financially illiterate.

So stop talking shi te and crawl back under your rock.

This is why folk don’t like you PeePer. You talk rubbish. Boohoo don’t need cash. They have a tidy balance sheet compared to their peers. If you were not financial illiterate you would understand this.

I agree Asos overpaid for Topman and not too sure how much they can expect to get for it in the current macro environment.

It’s all conjecture and still no mention of Sheen.

That's based on the Sky News article which was all conjecture and didn't even mention Shein.

It put Frasers in pole position but mentioned lots of other suitors.

Based on?

Hexam - The daftest thing about it is after the slave allegations BH went on to reach its all time high. You can't litigate a bad bargain or poor economic climate.

PeePer - All these transactions with the family property companies will be at fair value. HMRC and the other tax authorities are not daft. You can not simply buy up the companies assets on the cheap - especially not in the case of a Plc as all eyes are on you. If you look into every transaction the family would have entered into with the company it will have been underpinned by an independent market valuation.

It's quite common for founders in business to own the property those businesses use. It's how they diversify their personal wealth away from the core business and also ensures no one else can control their strategic assets.

You're talking nonsense PeePer. After all the slave allegations they hired a QC to run the inquiry into the supply chain and then ordered the Judge who ran the Leverson enquiry (phone hacking, etc) to clean it all up.

They ordered the top people in the land to carry out a root and branch review of practises followed by corrective action, Has any other retailer gone to such lengths to clean up their act?

What other wrong doings do you expect? Let's not forget that you have accused Bob over at RevB of being up to no good and Mike Ashley of shorting. This should be an absolute belter.