Member Info for wyndrum

Steve I'm serious now, are you having sort of breakdown? I only mentioned CINE figures because they were fresh in my memory but I then included in the same sentence some of the other areas of the economy that are being hit hard now, particularly as furlough is being reined back. The whole hospitality & large parts of the service sector are being crucified, hairdressers, beauty therapists, hotel workers, tattoo parlours, nail shops. Some of the ones not sacked will be on reduced hours and or pay.
Yes some spending has to go on but somebody sited Aldi as an example. But that's food! everyone has to eat, so many may try a cheaper food store if money is tight. What they don't need to do is buy fashion items. (And I am not saying that Boo will go bust I am not even saying they will go backwards. All I ever said was that growth might be below market expectations and that would in turn cause this expensively valued growth stock to be re-rated downwards.
But as usual you put words in my or deliberately misunderstand me.

So what you are saying Cheerful, is that you don't care how low paid the workforce is in this country or abroad just so long as you make money on an increasing share price? Also you are happy for shorters to lose their ill gotten gains, but your purer than pure gains simply from an increasing share price is morally superior? (where do you think you are getting the profit from when the Sp does rise? You do know Boo don't get any of it don't you? You have just bought it from a broker, thats all.
How old exactly are you?

wow steve, what a crap argument! I supplied the "evidence" in the reported number of business failures in the low paid , typically youth orientated, sectors. But by all means ignore it. And ignore any other reason to explain maybe why Boo is not doing as well as you expected.
If its not market manipulation then by definition its something else. If its negative sentiment, then why is that? Are so many sellers nervous of further falls?
Ask the questions and don't be afraid of the answers. it sounds to me you are too heavily invested in this stock and you can't get out and if that is the case then I am sorry because it is an extremely painful situation to be in.

no steve I can't (or at least I can't be bothered), but I can get you a bucket full of sand to put your head in if that helps?

I mean seriously, CINE 5600 staff? what age group do you think? Every restaurant chain that's closed, what age group do you think? every pub, club, retail shop, what age group predominately do you that is?
You get annoyed with me but blimey with posts like that what planet are you living on?

Steve, well It would be strange to think that a fast fashion company would thrive in an economic armageddon don't you think? It was Mickm's post not mine.
You have to look forward not backwards on results. The results were on the back of furloughed workers and there was a certain novelty to the shutdown, where as now, the reality is starting to look a bit grimmer plus when covid is sorted then comes the tax rises to pay it back. That has to affect discretionary spending. But I am assuming you think Boo will be immune to all of this?

steve just a reply to mickm's joke post where he says "Other shares won't do anyone any good if the underlying companies aren't built to withstand a full blown economic Armageddon." (Armageddon is worse than a depression I think, is it?)
Don't tell me I misunderstood?

Ha Ha! good one MickM! best post of the day!

I mean, full blown global depression but the company that sells party frocks will just keep on selling! Brilliant!

Part of the valuation criteria is the PE ratio. And as you all know the higher that figure is, the more highly valued (or expensive) the share is . For CINE its 1.5 and for Boo its 59, or to put it another way, Boo is 39 times more expensive than CINE, fundamentally speaking.
Now, the risk of CINE going bust is I think quite high hence the very, very, very low valuation. So as a risk reward, if it does come out the other side the Sp could treble or quadruple from its current low, fundamentally speaking.
Boo could go up 50% in 12 months?
Which one is the best bet?

I guess the counter argument could be that with the BLM movement currently so heavily in the news and commentated on, anything that looks (never mind is or isn't) like it could be exploitation can get over publicised and dramatized?
It would be unusual for a band wagon to pass without a politician running after it....
It just depends exactly how involved any of the directors were or are involved. This is to me, a bit more of a red flag now, simply because it won't go away. There is definitely smoke, but is there a fire, that's the question.

If the income stream is as rapid as looks likely/possible then this could become a cash rich company very quickly above and beyond cash needed to develop new products. In which case maybe a special div or at least a reasonable annual divi might be some very nice icing on a top heavy iced cake as it is (or might be)

Tricky bullet, depending on what timeframe you look at. On a daily chart it looks like 325p would be the target. That still seems a way off but it is surprising how often the charts are about right on this sort of thing.
so on that basis you would sit on your hands until it got pretty close. Maybe buy at 327-328p just in case it does not quite make it, perhaps (sometimes target prices are not hit dead on the nail and you need to be flexible so as not to miss out.) assuming it was there or thereabouts you would have a target of 375p.
However if you look at the 15 minute interval chart then the low at 339p coupled with an indicator suggests it has bottomed out with a 353p first target and a 362p second target. (obviously it has already moved away a bit from 339p but not so much.
The thing about this is that if you are not sure (you, anybody), then don't trade it. its that simple. just because you have watched the share a long time does not mean if you have to buy. If the risk reward does not work for you then look at other stocks and see if there is something else that meets your criteria with what seems less risk.

If it were me right now I would wait for 327p I think, because if it goes that "low" then it would seem a lot of the risk has gone. (assuming no new news to send it there) But I think for now I am done with boo, I have made good money on this one and am just expecting AVCT to explode any week now.

If your LTBH then if you looking at years to hold then its not so important exactly where to get in but on a stock that does not produce dividends that increases the risk of future returns. As has been pointed out, this share has been very erratic over the last few years and without any divi's it means it has to keep producing capital growth and this situation is actually a great example of how a stock that seemed untouchable has come off the rails a bit. It may be, in the great scheme of things, temporary, but it may not and this may weight the SP down for a while and the result might be increased costs and lower margins and knock on to slower growth due to higher costs, which results in a lower valuation. I'm not saying any of this will come to pass but its not a ridiculous scenario either.

Cheerful, are boo guilty if they knew it was going on but did nothing about it? And if not guilty, complicit?

I mentioned before as a question I asked what the reaction would be if Boo were found to be directly or indirectlyinvolved in these accusations and the response back was effectively, "who cares as long as I am making money" Well now maybe those posters do care a bit more now as the SP has gone down?

sorry micki I got my posters mixed up. apologies

so that's your argument mickmix, have a go at me for some reason, but you are happy to condone in the UK illegal hourly rates to which Boo9according to the report new about? But at the same time you don't want this country to be 3rd world?

what mickmix, by paying 3rd world wages?

What am I saying steve? I am not revelling in anything! the only consistent message I have posted is to try an make people here realise that the forecasts in the various posts are almost always, always wrong. Worse actually than a stopped clock!
And knightrider, if everyone should ignore these posts then what on earth is the point of posting? If (I think the majority of posters, including the forecast posters, here would agree) that no one should listen to the predictions, then why please tell me why, do they never stop telling everybody what the SP will be doing over the next 5 minutes to 20 years?
Could it be, heaven forfend, that its just a bunch of immature egotistical people wanting to say "look at me, I can predict the future!!!" Jeeze….

knightrider, all I am trying to do is highlight the terrible inaccuracy of so many posts .
There is a danger that some misguided fools here will actually take note of these posts, given that there is never a scintilla of doubt in the predictions.
But by all means lets just carry on flying along with our heads in the sand, and just believe its all a MM conspiracy to rob us of our shares……
Talk about a fool and his money......

its not old news. whether or not its justified, MP's are asking questions. the report was actually pretty damming and this was maybe to some extent controlled by Boo as they paid for it. The storey is still unfolding.
There is always a reason for falls, you have to be open to the fact that sometimes things go wrong. Sometimes its the unforseens that trip us up, which is sometimes the way it goes. The cost of doing business.
Nothing in this game is certain and I bet every single one of you here know this but at the same just look at the "certainty" of the predictions.
Advice like averaging down can be horrifically expensive. Normally, unless it was already part of a plan to average down, buying more stock at a lower price simply exposes the buyer to more risk and if it does continue to fall the losses are even greater as well as the emotional pain!!. There is a reason why they say don't catch a falling knife!
This really is a board made up of terribly inexperienced people it seems

Share expert I though you said (only yesterday) it would not fall below 354p?

I take it Perv, you did not have any sort of plan when you bought the stock in the first place?
Sorry for the preachy tone, but I have posted this before

Always, always, when you buy a stock have a target price you think its going to and if you are wrong, a price that should it fall, you will exit. (If you have no method of determining either outcome then you will likely lose more money than you will ever make.)
Hopefully whatever the out come for you over this trade it won't be too expensive but if you learn that lesson then it will be money well spent.