Member Info for wyndrum

Did not listen to the program last night, but skimming through the posts here it did seem as though anything new came to light. Maybe the boo defenders realise now that boo were involved more than they believed and it was not an arms length supplier problem? Would that be fair?
If so then there should be a return of confidence over the coming weeks and months but there is a proviso or two. The first one is, if this spotlight does result in better conditions and pay with suppliers then that costs money and the cost of the product increases or margins fall or both. It could be some producers simply walk away and it won't be deemed profitable for others to replace them.
The other to my mind is more immediate, and that is there is no smoking gun, but if the inspectors put the screws on the bad suppliers and they are looking at jail time they might to reduce that to drop Boo if, of course boo have done more then they have admitted to, which currently there seems to be no evidence of. So as long as no one comes out of the woodwork so to speak boo will probably be ok. And they might lose some time if they have to move more production abroad but at least they have alternatives.
I suppose the only other one is whether or not this scandal has or will have any effect of their "influencers". so far not but I guess that must also be thrown into the mix.
I think what is clear this "great British company" has made increased profits, resulting in bonuses for the BoD on the back of illegal practises. That is not something that should, particularly here, be dismissed with a "I don't care, as long as I make money" response. The callousness of some posters over these last weeks and months has been depressingly predictable.
Anyway, short of new news, and I think yesterday's program was the day for it to come out if it was there, boo should be ok now.

Boo_Up 20-25% gain in 6 months.... wow....is that it? is that your expectation?

Thanks Comic, Im glad you have found some of it to be useful

But not if they have got to those figures through illegal means...

David! That's how you make money out of stocks by following what people do. God bless them and their, not stupidity, but predictability. if it was just done on maths then the price would always be correct and there would be never any point in buying or selling. Don't kill the goose that lays the golden egg...

Cheerful, I don't think the shorters of CINE lost their shirts, or Bab****, just 2 I particularly remember were always high in the list of shorted stocks.

KK, ok fair enough, but its just playing with one hand tied behind your back. people tend to think it morally wrong to make money on a falling SP but morally right to make money on a rising SP . It always seems pretty hypocritical to me.

KK, do you have the facility to short? If you trade a lot then its pretty much a must have. You can't expect to make either much or any money in a bear market by only buying stocks.
I have never quite understood the ire against shorting. The options market has been going forever where you bet on a stock going up or down, but somehow to actually "short" a stock gets a lot of bad press on BB's. There is a bigger risk to shorting than going long but if you are into short term trades (up to a couple of weeks say,) then as I say being able to short is pretty much a must

Thanks for the reply steve, I don't understand the gap thing with Nova? you mentioned 10% so where did you buy in? (never really got into gaps but I could missing a bit of a trick I think)

SmartInv, why not buy today when it was 5% down. If you are happy with Boo what are you waiting for? whats so special about tomorrow? ASOS cane it and Boos share rise, or ASOS canes it and boo shares fall? what will be the connection? What will be the buy signal?
FWIW if ASOS do well and the SP goes up I think more likely than not that more money will come of boo to go into ASOS. We already know online is going ballistic. I can't see why confirmation of good online sales so soon after boo reporting great figures will suddenly make people think they should get into boo now.

What else could boo say PP1? Presently no one trusts them. That's the problem.. jeez its hard work here...

there is a similarity in the sector they both operate in and also have similar reliance on sales through being nearly/exclusively on line.
So if one of them is doing very well in sales and reports first, its an indication that similar business will also be doing well. However as Boo have already reported, that indicator is somewhat tenuous if not redundant and as must obvious to all by now. boo has a unique problem to over come which has nothing to do with its accepted business model

Steve, do you believe that the current sp reflects the fundamentals? Also there is FA and there is TA. Normally you don't mix the 2. Do you base Boo it on fundamentals or do you base it on technical analysis.
What did you use for your 341/342p predicted close?
Do you think possibly its the stink of the slavery story that is weighing on the stock? Because if you do that has nothing to do with fundamentals and further, if bad news on that front does break, a stop loss won't get you out either

On that basis David, did you buy any at sub 330p? If and when you do, will you have a price to sell at if the SP falls below 330p and out of your expected range?

Hi David, fwiw I think you can make some sort of argument for anywhere between 289 and 325p which is not of great use.
I guess, if you were looking to buy, wait for 325p and if it fell to 320p exit out?
Trouble is, this stock is now being driven by news, and currently no news is bad news. I don't know if it will happen but even if the BoD bought shares, it might not do the trick as it could be construed as crude attempt to bolster the SP given its the BoD who are slowly but it seems surely, being hauled into the firing line.
I just don't see the need at this stage with the foggy picture we have, why anybody right now would look for an excuse to buy.
Personally, because I am risk averse, I would rather pay 400p with the knowledge this issue however it unfolds, is satisfactorily resolved rather than say, buy at 325p and keep my fingers crossed that it does not tank on REALLY bad revelations. each to his own and DYOR etc

I think its too addictive for some, all this BB posting. Due to the lack of "the" RNS that was indicated many months ago now, there is nothing left very much to discuss, certainly not the 100's of posts per day, that's obvious, so it looks like we just start eating our young instead to pass the time.

And on top of everything else.... (and I know this will come as a bolt out of the blue to some....)
Jonathan Athow, the ONS's deputy national statistician for economic statistics, said there had been a "sharp increase" in those out of work and job hunting since March.
"[Of those out of work] about 300,000 are aged 16-24, so about 60% of the fall in employment... that's really disproportionate."

well, I guess if this does worsen and goes south none here can complain, there has been ample time, even today, to get out let alone the last days (and weeks.)

My mistake Peace, the article regarding next asos and zolando was dated the 7th july

Peace, so what you are saying is that boo never meet with their suppliers, never inspect their premises, don't get a "feel" for the people who run the business they outsource to? And remember this is "rife" in the ragtrade, its reasonable for Boo to know that it goes on which should make their due diligence all the more thorough shouldn't it?
The claim they knew nothing does not look good. It either looks like they deliberately looked the other way or just didn't make any effort to find out. Its not good. to pretend otherwise is, imo, just putting your head in the sand.