Member Info for wyndrum

Hey Bricks we should form a club of "The PP filtered outcasts" !
She's a strange one that's for sure.....For someone who seems to want to be positive and enjoy the moment, she sure has a real vindictive mean streak....
But its a bit weird she posts here because she must be a multi millionaire after Asos, 60p to 6000p, let alone boo... Still each to their own

Hi DG, It never went to oversold in the daily close RSI but did fall to 57.31 at an SP close of 5.0p even now with the decent rise on Friday the RSI is "only" at 63.92.
(I confess I topped up too soon earlier in the week at 5.6p but doubled my entire holding at 4.98p on Thursday)
Tuesday will be interesting just to see quite how quickly CC has made a material difference to the company.
Maybe it will also give a better insight for us all to do our "back of a fag packet" valuations!

Don't listen to PP David. She is at best disingenuous. Currently Boo SP, is on a high PE valuation due to its potential, but as it realises that potential through growth so it becomes harder, naturally,to sustain it in % increases and as a result growth slows as does the valuation.
So yes, Boo could increase turnover 22 times but the SP won't go up by 22 fold because the SP will naturally, as with all stocks, fall to the mean for its industry in terms of valuation. (That's not to say there is still great potential from here but I don't believe its as good as PP would have you believe.)
And the laugh of PP's position is that of all stocks, choosing something as fickle as the Fashion industry to be long term in is just historically crazy. I mean mentally deranged crazy.
I think fwiw this slavery story will blow over, but really depending on growth because of the latest Internet influencers is a risky business. And if going out becomes vastly reduced for another 6-12 months as is seeming increasingly likely, how long will sales continue to grow at their present rate? Surely even the pretty young things will start to rein back on buying clothes they can't wear? Will returns increase if the youngsters just buy them for an internet "Zoom" party? Will the targeted older fashion brands (Coast etc) do so well if their are no Xmas parties to go to, no weddings, no dress up functions to attend?
I think Boo is good stock and online clearly is going ballistic but actually they don't have the right product right now for the situation, in my view. Growth is still going to be very good in these results but genuinely I think going forward the novelty of having parties over the internet will wane and growth may well be impacted.
And finally there are some great stocks out there that will knock boo into ****ed hat with potential.
Eve Sleep, just a mattress company. (EVE) see how their SP has done over the last 2-3 months with maybe another 3-5 fold increase coming (results next Tuesday). Have a look at the Avacta (AVCT) Board on a covid and cancer therapy that could be a 10-20 fold increase in he next 12-24 months. (it could go 3 fold in the next month)
Boo, is a long way from being the be all and end all in growth stocks imo

It wasn't meant to be a "right , wrong" answer to the question, but simply for us to identify if there was any scenario within the context of the "slavery" article that would make shareholders sell. So far no one has said that even in the most worst case evidence coming to light involving Boo would make any reduce or sell their holding. If this board is representative of the wider PI's of Boo (and I don't see why it should not be), then logically there is no news that could come out that would damage the SP from here. Therefore there is now zero risk from here on in from the story and the only thing that would diminish the SP would be the actual performance, which given the online boom that is currently taking place, seems highly unlikely.

I guess I worded it very badly and did not make the request clear.

Its not about the chances of it happening and its not about the SP.
What I was hoping for is people here who are shareholders, that if Boo was found to be complicit what reaction would that have on your holdings.
Would you be so shocked/disappointed you would sell, or would you not care and simply hold or even buy more.
This issue, as far as I can tell is the only thing that is holding the sp down. And I imagine if Boo was found to be complicit then that is just about the worst case scenario?

If we answer honestly to this we might discover an insight as to what other Shareholders who do not read this BB might also react in such an outcome?

So for instance if the vast majority would not sell their stock on the worst outcome of this story then it would follow I guess that most other shareholders would not either, in which case there would seem to be little downside from here?
If, on the other hand most people here, would say, be so shocked/outraged/disappointed that they would sell on principle then at least again, we might understand better why the SP has been so static and it would at least focus minds on the risk.

Because my opinion, thinking it through, is that if boo did not know it was going on then they cannot be held responsible for 3rd party employment law breaking and that ultimately while Boo have been smeared by association that would soon pass and be forgotten as per other, previous examples in industry.
So it makes me at least consider, that MAYBE, I am just Saying MAYBE, given the story being regurgitated and kept alive, and by at least 3 different publishers, Boo may be more involved then we all previously thought.
And it was on that's basis that I though to pose the question.
How would you react, as a shareholder if it were true?

purely hypothetical, but I would be interested to get others opinions and reactions to this:

The concensus is that actually this is not Boo's problem, that any underpaid worker(s) found is the factory's responsibility, not Boo's.
So my question is: What if Boo was found to be complicit?
How would you (all of us here), react? Would you sell you shares or ignore the findings as the company would still be a good growth stock?
I'm not interested in what might happen the SP, It might be illuminating if we could post honest responses, then we might be able to see what a broader market reaction might be based on our own little survey on a this outcome which I guess has to be a possibility.
As I say if we can be honest about it, if nothing else it might highlight (or crystalize) the amount of risk attached to Boo right now?
I know its a difficult question but maybe good to look at it head on and air our thoughts?

I don't know if its possible but just for the sake of discussion, could the bank take (some) control of Kier but keep the B0D on to carry on running the company?

Well, bert, that depends if you see people who buy shares from other shareholders as "investors" as though the term changes the reality of the buying and selling from people other than the actual company of which the company benefits directly not at all. (that's a bit of an over simplification but nevertheless, we want to make money by boo running their business very well without giving boo a cent. of any profit we make)

Mark, yes I think it has been obvious for a while that a RI as a way of fund raising presently is not viable, or maybe counter productive. Which only leaves (if dilution is ion the cards), the banks taking some or all of the company.
And there is something else to consider... Lets assume that Kier is a good business for all the reasons expressed here by the pro kier camp, which has merit of course. There has been talk in this low interest environment that Kier should re-negotiate their loan, which makes sense for kier, but why would the bank do that? Why would they cut back on their profit margin?, perhaps the bank would LIKE to take control of Kier for all the plus points discussed here and they make the money out of the recovery and building environment?
I have no knowledge about any of this, this is just a thought process to try and understand why the SP won't go up for weeks and weeks. I don't think kier has a strong enough hand for its shareholders, to dictate any terms to the banks.

the last observation I would offer to newbies (and others) is not to read BB's. Here is a (typical) example. A poster(and this is not to "pick" on the poster at all), but the poster said yesterday that in the last hour of trading predicted a 10p increase in Boo (3%, so not to be sniffed at for 1 hour) based on his trading experience. So I bought a load. today I am sitting on a near 2% loss. The poster might rightly respond with words to the effect, "always do your own research and anybody who makes a decision based on these boards is foolish" Which I would whole heartedly agree with.
In which case it begs a couple of questions, if the poster does not want anyone to base a decision on their predictive posts, then why post? It could be that if they is right he will get a warm glow inside, but kind of, so what?. The other much bigger question then is, if you should not or are not going to use these boards to help make your decisions, then why waste your time reading them? At best its a waste of time, at worse it can undermine your original "plan" with conflicting opinions.
(I know the charge of hypocrisy can (and justifiably) be levelled at me too for posting here, however I generally go out of my way to express its just my opinion and restrict any prediction to levels of support and resistance.)
Actually I did not buy any stock, but that's not the point. So if you take nothing else away from this, it would be imo, not to read any BB.

Micky, the BoD don't really care about day to day movements, and why should they?
When you bought Boo stock they did not get any of your money, when you sell at a profit, they won't get any of your money as a thank you. All we are, are parasites riding on the back of their labour and toil.

MS, Glad you found it helpful. a further bit of general info that also might be of use is that when I started trading I was advised to trade Bond (futures) rather than indices or individual stocks because the bond market is so huge at a trading level, that not even the richest trading houses working in concert could manipulate the price, whereas the Dow/Ftse rtc could and individual stocks were very easy to do!
So I am always a bit concerned for traders here. The spread is too large, the volume too small and the volatility, well maybe sometimes its ok, but its too small a company and therefore the market is relatively easily rigged. Given all that why would you risk it? (If you are going to trade you MUST have the ability to short as well on your trading platform.)
Foe me nowadays, its all a bit more low key, I just look at support and resistance levels to time exit and entry and usually buy around results time as that's when there is an increase in volatility and any market moves are hopefully large enough to make a few %. It saves me tying up my money for long periods.
Boo was a bit different, I had already been in and out and made money and was out when the fall came, if memory serves it rocketed the next day and then fell back again. As it started to climb I thought I saw an opportunity, I got in around the time the owners bought 10m worth of shares and bought a few more on the way up as well. So I have been in this stock longer than I expected but for the sake of a few weeks till results time I will hang around. I have sold most of the holding and banked the profits. But realistically I see 30-40% gain from here, but right now there seems to be a target rich environment where that sort of gain can be easily beaten. These are strange times and I have never known such a time that it is possible to make such quick returns, but the other side of the coin is quick losses too. Hence the preserving of capital.
So, every trade I take I have a target to sell at if I am correct and bank the profit, and a stop loss in case i'm wrong and as long as that risk reward is at least 3, but the higher the better, then I take the bet. (The better the risk reward ratio the normally the bigger the bet.) each to his own though as always.

I'm genuinely sorry to hear that steve. Fingers crossed for boo

Steve, oh ok. Did you manage to get out of tesla and buy more boo?

sorry my mistake (I thought you were predicting a 10p increase in Boo)

steve, I don't want another row and I know there is a bit of tongue in cheek in the post at the end, but the SP did not move on your 10 point prediction. If anything it moved slightly down.

KK, losses can be very helpful but as always where they are placed is key. Stops are usually placed around levels of support. So, using Boo as an example I think 285p is a level of support. I buy when they go through it, at say... 288p (just to give it a bit of wiggle room) my sell target might be 335p. However, If I am wrong and the SP does not go up then I need an idea of where to get out to protect my capital and reduce my loss. Therefore I will have a stop at 278 so my risk reward is 10p (288-278) loss against a 47p (335-288) gain, so that is a 4.7 ratio of risk to reward. (typically anything over 3 is acceptable). Therefore all the ups and downs of the last week or 2 would not bother me as my stops have not been triggered.
So then you get the "tree Shake" where the market sees the same support and resistance levels as everyone else and somehow forces the SP to trigger the stops and then SP miraculously rises again. It happens, its not quite as prevalent as some here would make you believe and it tends to be when the SP is close to those levels anyway, which is why I build in an extra couple of % away from those prices to hopefully not get shaken out. (When I was bond trading the stop losses were very tight indeed! so slightly different). What I would advise is to look at the various support levels and try and see if there is a pattern there as it might be apparent that if a tree shake does happen exactly how far away from the support does the SP go before bouncing back and if its 3% then move your stop accordingly. The tricky bit of course is that the further away the stop is from the support price means a bigger loss if you are wrong in your initial trade.
And lastly its not perfect, there will be times your stop is triggered and the SP rise quickly but unfortunately it happens, but this game is all about winning more often than losing, and you will lose, so minimising those losses and preserving capital is an absolute key requirement.
You will find there is always the temptation to let your losses run a bit more than you decided at the outset and likewise cash in on a winning trade before it gets to your target. Hence the adage, "Always cut your losses and ride your winners". That's what they mean and guess what... they are right. because running a loss a couple of % more than you should and cutting a winning trade a few % more than you could have had, soon adds up.

also Dg, this could be a good month for us I think/hope. AVCT should do somthig soon..(maybe right now actually!) . XSG to report this month and EVE too!

I think that's a very shrewd entry point Dg,
I got in a bit higher but am thinking about re-arranging some holding to release more funds to get some more too
My take is that by (having to) release an update to the market so soon before the results to confirm they are above previous forecasts puts EVE in a potentially trick situ. Ramp up expectations and then a week or so later those new figures are not all that more then previously does more harm than good, so I am thinking that you would play down the upgrade as much as you can so that the real figures still surprise to the upside. On that basis another go at 7p looks very possible, which is 40% from here. And who knows, maybe more. but we will see, but that's my thought process. just my opinion.

I know you are not reading this steve, but its a bit churlish to ask me a question and then when I reply with a reasonable repost to tell me I'm filtered.