Boohoo Share Discussion Threads

[factsandfigures] 06/10/2022 07:35

Hedge Funds continue to bet against Boohoo as its Revenue & Profits collapse. =============================================================================== Boohoo retains its title as the UK’s most short-sold share for a third consecutive month with short positions now hitting almost 10% . Boohoo also saw the biggest increase in short-sold positions during September - more than any other share listed on the London Stock Exchange. Although hedge fund AHL Partners, reduced their 0.8% short position in Boohoo during the month, this was offset by the BG Master Fund and Citadel Advisors, who took out short positions in Boohoo totalling 1.6%. Similarly all eight Hedge Funds that already held short position in Boohoo last month increased each of their bets against the business by a collective 1%, suggesting that professional investors are expecting a bleak outlook for Boohoo. The steep rise in short selling of Boohoo shares preceded the release of Boohoo’s interim results, which revealed that profits had fallen 13% and sales were down 10% in the six months to the end of August. Boohoo also warned that it expects these declines in revenue to persist throughout the rest of the financial year. Boohoo shares have already fallen heavily this year, as investors have moved away from the general online shopping trend that was so prosperous during the pandemic. Derren Nathan, from Hargreaves Lansdown (Stockbrokers), stated that Boohoo's shareholders should be “crying into their cornflakes” after reading Boohoo's half year results. Sharp rises in both U.S. and U.K.interest rates coupled with high inflation will inevitably hit Boohoo’s key demographic of younger customers the hardest.

[jackson83] 06/10/2022 03:09

get ready for a ab day all in the v best possible taste at wacky races boohoo chat

[jackson83] 06/10/2022 00:17

should smash 40p's today as we are on track for 100p

[mauricemonkey] 05/10/2022 23:28

Liz Truss and Princess of Wales all over the media in the same (different colours) Karen Millen dress. Who owns them?

[jackson83] 05/10/2022 21:46

boohoo could pay a divi as well

[jackson83] 05/10/2022 21:44

may even see 650p eventually

[john09] 05/10/2022 21:44

What else are you monitoring ?

[dancing piranha] 05/10/2022 21:32

We'll see, when the market turns eventually, like after the covid crash of 2020, they'll be a fortune to be made! There will be far better, undervalued companies than both BOO and THG.

[jackson83] 05/10/2022 21:23

I will go for 240p within 2 years

[jackson83] 05/10/2022 21:09

boohoo could be taken over or management buyout ..... can see this 110p then. the easy bird catching the worm lol

[jackson83] 05/10/2022 20:41

get ready for better news soon

[jackson83] 05/10/2022 20:34

if we see 30p I will top up or if we see 200p I will sell

[john09] 05/10/2022 20:13

Assume that’s also your plan ?

[jackson83] 05/10/2022 20:11

maybe see 55p before xmas ?

[jackson83] 05/10/2022 19:56

looks like we are on the road to 700p lol

[john09] 05/10/2022 19:53

In the 20s on both the shares mentioned yes

[dancing piranha] 05/10/2022 19:51

Exactly....lower levels! 20p?

[john09] 05/10/2022 19:50

Yes at lower levels . That’s why I’m here

[melegramforttongo] 05/10/2022 19:44

Can I just add that the VOR guys Christmas party will not be cut back at all. This year it shall be more extravagant than ever . The last two years have been simply stunning. Can I just add , that I will not be first out when we play flaming Ferrari chicken this year ….. mele has been practicing hehehe

[factsandfigures] 05/10/2022 19:38

In economic news, British shoppers are set to cut their festive spending by more than £4 Billion this Christmas as the cost of living crisis squeezes household budgets. According to a report from consultancy Retail Economics and Metapack, 70% of all British shoppers were planning on cutting back on non-food spending "to some extent" in the last three months of this year. Overall, British consumers are expected to spend £4.4 Billion less on luxuries and non-essentials, down 22% on the same period a year ago. Usually the last three months of the year are crucial for all retailers, as consumers splash out on food, presents and homewares. Richard Lim, the Chief Executive of Retail Economics warned: “Inflation is set to peak at exactly the wrong time for retailers.” “Consumers are concerned, household budgets are under pressure, and are cutting back this year as they struggle to make ends meet.” “Against this weakening consumer backdrop, retailers are also facing a pincer movement of rising operating costs which is testing many business models to breaking point.”