Member Info for wyndrum

Perhaps Patts, you should do a bit more research then?

No one is going to jail Zeb, but the unknown is what ever changes are brought in, how will it effect profits and the current valuation. I am tired of trying to explain that yes, Boo does just about everything right in its industry and as a result has experienced rapid growth with a stellar valuation based on continuation of growth and profits. At some stage (not particularly today), the growth will slow down and the valuation will fall to the norm. That may be some years away yet (or not) but very few here seem to understand the relationship with earnings and share price valuation. It is only this that is the real danger to buyers right now, imo.
So just bear in mind the SP today, is not based on what Boo is selling and making profits of today, it is based on the expected return overt the next 12 months, on other words the next 12 months of EXPECTED stellar growth and profits are already priced in. For the SP to rise BOO have to beat even those forecasts. (And so far with careful management of expectations they have done just that and I think sept 30 will continue along that track, but as I say it just depends on how much it costs boo in terms profits and or growth to come through this present media outcry

This was from her some time yesterday:
Her advice to research and then stay in a stock for years and years was why she bought Boohoo and finished by saying.
"People will always buy Boohoo and its brands because they're cool, trendy, fashionable and at the right price."
By definition cool, trendy, fashionable ... tends to be short lived in clothes. (That's not to say good money can't be made from Boo, but its a leap to expect this particular business model to be around in 20 years?) What if the designers leave? what if they just grow old and lose their touch?. By all means ride the wave but to leave Boo stock for 20 years its about as high risk as it comes!

so, if it is proven that some factories that supply boo have been breaking the law in terms and conditions what can Boo do about it?
Well, it can't say as OP seems to refer to the defence of "it has always gone on in this industry and always will so, so what!"
It will also have difficulty in saying that it knew about such things but did nothing about it.
It will also have trouble with the reply that Boo knew nothing about such things. (Because according to OP it has always gone on in this industry and always will ) And that will just look like they are lying at worse or naïve at best and I don't think anybody thinks the owners are naïve.
If the report is damaging and I think it will be but obviously the $64m question is HOW damaging, but given it will be bad publicity, that when it will likely get huge media coverage. Even if its the same Times story, every media outlet run it. And there is always the danger that some other reporter will uncover a new source/factory whatever, to give the story fresh legs.
Now, it may well peter out but I think the risk is bigger than I for one, initially considered at the time.
This is tricky and even if the stock recovers during next week It seems more likely to stay volatile up to the results and then the report will be the dominant news and therefore the SP going forward. You see, the danger now is, even if there are sparkling results (which I think they will be), it will meant nothing if it is perceived to be on the back of slave labour.
And again, look at the recent protests with statues being brought down on century old events based on profits on the back of slavery.
Like I say this is tricky, I don't know what will happen but the more I think it through the more of a minefield it potentially is to navigate.
This seems a quite a risky share right now whether still holding or wanting to buy on Tuesday, or pre-results.

I thought like most, that the original slave labour story would blow over and good results would soon wash it away. However for whatever reason, the story won't go away. Its not just the Times, its the Guardian and the Daily Mail so it feels as though this is a more concerted attack then when it started. It could be this is actually a bigger issues than was initially thought. In other words it might be harder than many here think to resolve from Boo's Pov.
If this story keeps gaining momentum then this imo, is where the serious risk is.
If some, like the Kardashians are advised that BH are using Slave labour at a time where the BLM issue in the US is at boiling point and conflate the 2 issues and that they should distance themselves from BooHoo, then what?
Boohoo has been (and is) brilliant and getting fashion out to their market quickly and efficiently at the right cost. And the cornerstone is the word "Fashion". Boohoo are trendy. If Boohoo don't stay trendy then the fast and efficient part of the process becomes irrelevant if nobody buys their goods.
And Fashion is fickle, we all know that. If this fire gets out of control and it becomes no longer fashionable to be associated with Boo Hoo products then it could, in fact, be very serious.
And that has always been the case for fashion. Whatever the catalyst might turn out to be, if, when the sun sets on a clothes "brand" it can fall away very quickly. (That's why I have always found PP1 view of buy and hold this stock far riskier than she seems to imagine) Superdry is an obvious example of a rise and fall, but the fact that so many go bust so routinely is testament to the potential hazards of the fashion industry.

Share Expert and others. Its not just about turnover its more to do with profits. No one ever seems to acknowledge that Boo is already very highly valued and that valuation is built upon high growth. Its expected, its already built into the SP. This is not some new kid on the block that will surprise the market. They already know everything and a ton lot more than any of us here do. So, they know they always under promise and over deliver. As long as boo just about keep one step ahead the SP can continue to reflect this extraordinary valuation.
So now we have this story. I agree that ultimately it may not hurt sales that much on what we have already seen and I mention the following as at least the other potential side that could (but may not) unfold.
The report is worded in such a way that it is worse than the market expecting. Doesn't have to be catastrophic, just worse. The either or quite independently, one or two or more of the big online influencers publically denounce Boo because of the story (again) merited or not. Boo in responding to the story puts in measures that take a couple of points or so off margins.
This scenario, is not ridiculous or fanciful but is possible. I have said this before but Boo could halve in value and still be rated an "expensive" stock. Its valuation is predicated on very fast global expansion with continuing sustained profit margins. Any below par performance from a MARKET perspective, will hit the SP.
Whether any or indeed none of this comes to pass, it should at least temper the manic ramping that goes on here. Its not a done deal that this stock will simply shoot up from whatever value it is to 500-600p in a few weeks. (if it was, it would already be there wouldn't it?)
So, as I said up top, please don't kid yourselves that you know more than the market. You don't.

What an opportunity indeed! I like the fact that you know what's coming next, Not think, but know. if you have ever made a mistake in guessing the fortune of a SP future move it would seem you have learnt nothing from it.. (I am assuming you did not see the news rtaht when it broke halved the share only a matter of weeks ago? Presumably you were not a buyer then (because it was too expensive), but now! What am opportunity...really, god knows why I or anybody else either reads or posts on these BB....It is so utterly pointless!! Ha! another lesson learned

OP, to take the emotion out of this, what this distils down to (and pp1 are you listening?) is whether or not you believe this new information is damaging to the SP or not. When we buy the stock we are not giving any money to Boohoo nor are we, when we cash out, giving any money to boohoo. We are simply parasites feeding off the fortunes of said company.
So, if you think whether its justified or not (not the issue itself), is this info going to raise or lower the SP, and if lower the SP should I sell? (well I guess if you believe it will, deserved or not, then logically, unemotionally, you should sell if only to buy back in at a lower price? If you can't decide then it comes down to the "anxiety" of not knowing what to do versus the "wait it out and watch it rise" position.
Basically make a decision, but the decision should be based on as much non=emotional rationale as poss. (easier said than done) and certainly, clearly by the majority of posts here who have the imo, misguided approach that somehow looking at both sides of the coin, is traitorous to boohoo.....

ST its not a ****ing contest. Its not about being easily swayed from your shares. The stock fell quite dramatically very quickly and is now pretty volatile. Is it noise or is their substance behind the fall that you don't know about?
I don't know why it always has to be so dramatic and personal on this (and to be fair other BB's), but your arrogance that this is something simply to be weathered and means nothing is quite breath taking. I only say this because... you could be wrong....I know I know, heaven forfend that s stock can actually fall based on news, that means the SP could be rerated downwards...
I don't know whats behind this fall, but right now I would suggest very few saw this coming and the ones that may have would have been deterred from posting by the rampers that inhabit these boards. Maybe something to think about going forward?

285p was a support now its a resistance level. 235p most likely to be tested. (Doesn't mean it will be hit, just imo, more likely than going back through 285p.)
Clearly for such a quick fall suggest the SP is quite fragile.
Before (or was it after PP1 blocked me?), I mentioned to posters who kept saying this can only go up that Boo's drag was its very high valuation already. It only needs to slip, (not fall, not be loss making, just disappoint, even slightly), and that valuation look far too high. it looks as though enough shareholders are worried that the report will hinder either sales and or profits going forward and therefore Boo might get re-rated.
I did not see this coming but off loaded the rest of my holding at 307p a few days ago and have put all my chips down on AVCT just because I thought ( and still think), there will be a bigger/faster return on that stock.
Stay in until Tuesday? tricky one... each to his own.

Sorry: typo should read 4.5p

Sorry blaster, I wasn't touchy, bad phrasing. I had mentioned a few weeks ago that the rise had a "feeling" of stake building. Bur as i said then "what do i know". Its all so speculative that I guess its just pointless discussing it. Yes, they could get bought (any co. can), but will they?
All we do know that the stock has been re-rated at its current price of 3.5p on actually what are quite actual flimsy figures. It rests on the update now to show that the improvement is more secure than at best, one quarter of positive figures, that was couched by CC with an uncertain view of the market place going forward, albeit into typically the stronger sales half of the year. So there is a lot of "on the one hand..." to be read into the figures which as I say, should have more light shed on them in September.

Blaster, I would not take any notice of anybody who posts a reply to this on the basis they can't know otherwise its insider trading, so as far as I can see , any speculation won't be helpful or productive one way or the other.

well. if it breaks up above 4.40 then it could/should go on to challenge the recent high of 4.7
I think we have new support of 4.0

I think I may have spoken too soon! (looks like I jinxed this.... Sorry)

SP pretty rock solid yesterday which means relatively few sellers which in turn, given the spectacular SP increase in only a month, means there are lot still in it for further appreciation and seemingly not agitating to cash in yet.

really duster, I posted this at 10:30......keep up at the back....

hi duster, I think I mentioned this some hours ago....

I'm no day trader RC, but if this test does come in and previously DTG said they could exist without flying until 08/21, then I would have thought 800-1000p was on the on the cards pretty quickly?

Thanks for the kind words PM, but I particularly struggle with this board.
I reduced my holding today to bank good profits. Still enough left that should (as I hope/expect) the sept update to go well then the % rise will be still be meaningful to me. (I think it will only go on to new highs once the slavery story is put to bed. until then I think its going to be a drag on the SP).
Still, my shirt was firmly placed on AVCT a couple of months ago with various top ups on the way. (Now there is a potential growth share! Where is People power when you need her!)
All the best,