Member Info for wyndrum

KK:Except you are not allowed to have private house parties, are you. £1000 fine. Just one neighbour decides to call the police and bingo, that's an expensive party.
Remember with boo it is valued at £4b producing about £100m profit, or if you had £4b and bought every share you would get a return of about 2-3%. If the company halved in value it would only be 5% return on money with all the risk and work.
Think how much you traders (and if LTBH'rs) expect as a return each year for speculating on the markets? Thats the risk of growth companies, one misplaced step and it can have a big effect on the SP.
This is what Boo said on the 30th:
At this stage we feel it is prudent to continue to plan for a period of economic uncertainty in the second half of the financial year, including possible reduced consumer spending. It is also prudent to plan for return rates returning to normal levels, continued near-term carriage inflation in some of our overseas markets and increased marketing spend likely in the second half. Capital expenditure is expected to be higher than previously anticipated, in the region of £80 million to £100 million, reflecting the step-up of investments into automation at our Sheffield facility, further expansion of existing automation at the Burnley facility and significant IT projects to support the growth of the business and improve efficiency.

famous last words...313.30

lot of intra-day support for 314.4. been under pressure several times and held up. doesn't seem any concerted push down. Just seems a lack of byers out there at present to keep it up.

if 314p goes then it would suggest 310p is back in play. around 315p currently

Sorry Enrico, I am quite new to this board and did not realise quite who you were. Go it now thanks

Bilmey mickm, you get all that from 4 hours of trading time today? Impressive!

Hi enrico, Could you possibly let me know when that day is please? (i'd just like to make a note in my diary, wouldn't want to miss it)

Abdalian, I didn't say the SP would halve, I was just countering the assumption that the SP can only go up just because the business keeps growing. Without understanding the relationship between the valuation of the company and the SP it is easy to just focus on the fundamentals of the business and miss that point.
Now I wasn't in the market to buy at 310p but if, as an investor you were, then this morning quick price action was an opportunity to get in at that point. (fwiw I don't think the fall is done yet but what do I know, and I mean it, what do I know.) However If it did go sub 300p then given that boo's presence and business model then that might offer somewhere between 30-75% return over a 3-12 month period. (about 500p all being well) But the proviso is there is no more bad news to come out, then all bets are off.
The £10m they threw in was an impressive amount of money (albeit not for them) at a very low value so they have done remarkably well out of it. Another £10m now would be a bolt of confidence that would also have the same effect on the SP I imagine. However its difficult for them now, because they can't sell for a while because that could look very bad so their money is tied up in boo for a year or 2 I would guess. But as I say, I don't think they are down to their last £10m yet.
I don't know why particularly shorters came in other than they have knowledge of bad news coming. Otherwise the fall I think is more to do with the future current economic outlook

BBC, fair enough (I don't need to get a job though, as I seem to muddle along ok buying and selling stocks but thanks for the concern)

Well BBC, it was not quite so futile if you as an investor wanted to time an entry at 310p?

Forgive me because I know we have talked about this albeit a little while ago but I can't remember the outcome. Given what seems to be now, a shocking incompetence in the govt's program of ratifying the various solutions on offer to them via Falcon/Condor, are we going forward independently in the US? Is it possible that we could get a US approval for our test before the UK? Or, do we have to wait for UK approval before we can roll it our world wide?

it feels like the bears want a sub 300p price for the psychological "win" . I think anywhere between 290- 299 will be a reasonable entry price assuming no more bad news is forthcoming.(fwiw I will be looking closely at it then.)

bulls have had to retreat to 310p and have defended that level ok so far.
That was just a skirmish. it remains to be seem how aggressive the bears are. what their target figure is.

here we go....

no immediate bounce off 310p...hmmm.

Well no fight at present. wait to see what happens at 310p

Actually Abdalian, there was "bad" news from Asos. They are concerned about the up coming 4th 1/4 and xmas season. They recognise high unemployment will likely affect growth. For the gazillionth time. Its not just about more growth and more sales and more profits, its about the valuation, the share price. Asos and Boo are very highly valued. They HAVE to carry on growing at breakneck speed to support the valuation placed upon them via the SP. If they falter then the SP goes down and that "falter" might be a very good 15% growth instead of 25% market expectation.
I have said it before, Boo could halve in price and still be a very expensive share.

One of the many bits of PP1's posts that I never get is why she is so concerned about the SP going down. She ramps on daily that the "derampers" must not be allowed to force the SP down, "don't let them get in at a lower price" etc etc. Hold on...So what?
PP1 is going to hold for the next 20 years, if anything a lower price gives her an opportunity to top up at a lower price if she wants. What does she care? She should be grateful, shouldn't she?
And as for the rest she should be glad if the SP falls because new buyers come in and over the years make even more money. Why does she care so much about the daily share price.?

Careful mickm there is such a thing as Hubris. The word was invented for just such an example as you have noted.

(you may be right in your deduction but as ever, its not as perhaps conclusive as you think?)

That's a good point Jab, as long as people here don't over commit it becomes much easier to look at your various holdings dispassionately. If you think Boo will recover and you have the time, you can relax , if however you have piled in too much then the anxiety levels rise to potentially and inevitably, intolerable levels, 9as per Cheerful this morning.)
I can only remind people that it is relatively easy to get rich slowly, getting rich quick (or trying to), is where the problems and disappointments lay.