Boohoo Share Discussion Threads

[millennialinvestor] 07/6/2023 13:53

Right up the boo boo

[ny boy] 07/6/2023 10:20

I don’t know how BOO can be a better recover play than ASOS🙈㊃8;🏻‍♀️

Boo has a history of very questionable management imo. Happy to hold ASC for a potential take out later in the year

[ukneonboy] 07/6/2023 08:13

The one thing that is a guaranteed, nailed on, certainty is that if ASOS has problems, BOOHOO will have EVEN BIGGER PROBLEMS !!!



ASOS SUPPLIERS CUT TIES AFTER CREDIT INSURERS REMOVE COVER.
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Leading credit insurers have withdrawn or reduced cover for the retailer’s suppliers amid concerns over its tumbling profits, a move that could further squeeze its cashflow.

Allianz Trade, formerly Euler Hermes, withdrew cover entirely for ASOS suppliers last month, citing adverse economic conditions and the retailer’s finances. Atradius, another leading insurer, also has reduced cover.

ASOS’s suppliers began cutting their ties with the retailer after cover was withdrawn. “Lots of suppliers aren’t delivering as insurance has been lost,” one supplier said on condition of anonymity.

Credit insurance is a vital part of the retail supply chain, protecting suppliers against the risk of customers going bust between accepting an order and receiving payment. When cover is not available, suppliers often demand payment upfront, damaging a retailer’s cashflow.

Another supplier said he had stopped supplying ASOS in early 2023 “and we won’t supply them again until they get credit insurance backing. Credit insurance is so important these days and makes doing business not as risky. The only way [ASOS is] going to get people to supply to them again is to pay earlier — the drawback being that it eats into their cashflow.”

A third source, who supplies Topshop and Topman products to ASOS after it bought the brands out of the collapse of Arcadia in 2021, said he had been asked to supply ASOS own-label product as well, “which I obviously won’t do without credit insurance. Stock liabilities must be huge.”

[jackson83] 07/6/2023 07:32

TIME TO SELL today

[jackson83] 07/6/2023 07:31

I GOING RISK A BUY IN AT around 35p and if it drops into the 20p's I will add more


STILL SHORTING from 367p average now


boohoo overvalued

[tomzimerman] 06/6/2023 23:09

Broker boys certainly going to Be ripped something new soon, ha ha ha

[melegramforttongo] 06/6/2023 17:01

Close shave for the mole !!!!!

[jackson83] 06/6/2023 15:33

BOOHOO loves its share holders


more bad news due


boohoo won't make a copper penny until 2026

cash running out


boohoo online collapse is the new thing lol


opportunity to sell / shirt



20p's soon / next profits downgrade

[voicingdissent] 06/6/2023 15:10

MAHMUD KAMANI & BOOHOO RIPPING OFF ITS SUPPLIERS.............AGAIN !!!
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https://www.theguardian.com/business/2023/jun/05/leicester-garment-makers-manufacturers-fast-fashion-brands

[slinkyj] 06/6/2023 14:32

Citadel and qube both decreasing recently here.

[drew lonmenob] 06/6/2023 14:19

hows it going premature guy?

[melegramforttongo] 06/6/2023 13:28

Drew , it’s over budd .

You buying into boohoo ?

[jackson83] 06/6/2023 12:33

TIME TO SELL

[millennialinvestor] 06/6/2023 12:21

I'm loading up my boo boo

[jackson83] 06/6/2023 12:19

TIME TO SELL
rackers been short selling from 411p

his average is now 345p



target exit not changed to 25p



boohoo going down this week / more bad news due from the sharlingtons lol


20p possible with another bit of good news = profits warning lads

[jackson83] 06/6/2023 12:16

rackers been short selling from 411p

his average is now 345p



target exit not changed to 25p



boohoo going down this week / more bad news due from the sharlingtons lol


20p possible with another bit of good news = profits warning lads

[qantas] 06/6/2023 11:49

Same voice with egg on his face

[jas0701] 06/6/2023 09:49

TAKING AIM: boohoo still "safer bet" than Asos amid Shein competition

[voicingdissent] 06/6/2023 07:13

MAHMUD KAMANI & BOOHOO RIPPING OFF ITS SUPPLIERS.............AGAIN !!!
=======================================================================



https://www.theguardian.com/business/2023/jun/05/leicester-garment-makers-manufacturers-fast-fashion-brands

[jackson83] 06/6/2023 00:41

rackers been short selling from 411p

his average is now 345p



target exit not changed to 25p



boohoo going down this week / more bad news due from the sharlingtons lol


20p possible with another bit of good news = profits warning lads