Boohoo Share Discussion Threads

[jackson83] 22/2/2021 11:47

I bought more and will look back in 6 weeks when we are above 400p

[jackson83] 22/2/2021 11:37

some will buy at 351p and some will wait for 400p before buying back in

[transhoneyqueens] 22/2/2021 11:35

I always sell the dip and BUY the spike lol

[hotaimstocks] 22/2/2021 11:34

buy the dip and sell the spikes is always a good thing.

[hotaimstocks] 22/2/2021 11:32

anyone know when boohoo will join the nasdaq

[ukneonboy] 22/2/2021 11:32

THE CITY EXPERTS’ VIEW............. BOOHOO PLC IS STILL A "SELL"
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Shore Capital (Stockbrokers) reiterated its ‘sell’ rating on Boohoo, despite the current momentum in the business, seeing ‘potential pressure on gross margins and rising central costs following the company’s admission that it needs to change its approach to the Leicester textile industry. We look for further clarity on potential wider investigations by other authorities before giving the company a clean bill of health.’


Russ Mould, investment director at AJ Bell, pointed out there are ‘some notable headwinds to consider, all of which will push up costs. Customers returning fewer clothes helped boost the gross margin but Boohoo is now guiding for return rates to drift back to historic levels. Delivery costs have become more expensive for overseas markets and marketing spend is going up. The retailer will spend more on improving operations and IT.


‘If that wasn’t enough, there are the extra costs relating to actions from the recent review of its supply chain. Boohoo has pledged to improve its governance and be more focused on supply chain compliance, all of which will cost time and money.’


Mould added: ‘Boohoo has been under attack for some time by short seller SHADOWFALL which has now come out with more questions about the company’s actions.


For example, it wants to know the value of the claim being pursued by a class action lawsuit in the US relating to alleged “false and deceptive” advertising practices, and whether investors were made aware of the legal claim ahead of the £198 million share placing in May.

[jackson83] 22/2/2021 11:30

TOP UP SOON before the big rise

[transhoneyqueens] 22/2/2021 11:27

super news as boohoo get ready for next leg up .... 375p target this week

[hotaimstocks] 22/2/2021 11:25

ASOS ON THE RISE NOW

[chainsaws] 22/2/2021 11:05

DESPERATE TO SELL ???


Whether it's panic time or not, Boohoo's latest marketing ploy....... really smacks of desperation.

6 days of trading left now until the Financial Year End and with a large Boohoo Warehouse in Burnley, full of unsold and unwanted Boohoo clothing, the "deeply discounting" continues.

The Tag Line of: UPTO 70% OF EVERYTHING, implies an urgent need to shift stuff VERY QUICKLY.


SELL, SELL, SELL !!!!

[chainsaws] 22/2/2021 10:56

SUNDAY TIMES 21 FEB 2021
Written by Sam Chambers (Award Winning Journalist)

(Summary)

Overdue reforms to the fast-fashion industry may see 100’s of Leicester factories shut
=================================================================================

By 2003, it was clear to Mr Santoshan Sangha that it was IMPOSSIBLE to earn a living making clothes in Leicester.

The introduction of the National Minimum Wage had driven up labour costs, yet retailers were still beating him down on price

Rather than paying his workers less than the legal minimum, Mr Sangha switched to importing textiles from Asia, ending 20 years of manufacturing in his home town.

Over the next 2 decades, Mr Sangha watched in horror as Leicester’s once thriving garment industry morphed into a hotbed of criminal activity.

Boohoo PLC, one of the biggest beneficiaries of the rampant exploitation in Leicester, recently told suppliers to bring all manufacturing in-house.

QC Alison Levitt’s report on Boohoo’s failings estimated the company used 200 Leicester suppliers directly and a further 300 indirectly – though sub-contracting means the real number is much higher

Boohoo PLC, declined to comment, for this article insisting it remains committed to Leicester.

It is difficult to see how Boohoo PLC can sell T shirts for £3 each while generating a return for themselves (Boohoo) and for suppliers

For years, Boohoo PLC enjoyed the benefits, whilst Leicester’s garment workers paid the price. Now Leicester needs Boohoo to start picking up the tab

(Full article available in the Sunday Times at a cost of just £3)

[hotaimstocks] 22/2/2021 10:56

wow what a day so far

[jackson83] 22/2/2021 10:55

R.I.P CHAINSAWS aka ukneonboy your days are numbered lol

[jackson83] 22/2/2021 10:53

boohoo overs another opportunity to join the party

[ukneonboy] 22/2/2021 10:50

THE CITY EXPERTS’ VIEW............. BOOHOO PLC IS STILL A "SELL"
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Shore Capital (Stockbrokers) reiterated its ‘sell’ rating on Boohoo, despite the current momentum in the business, seeing ‘potential pressure on gross margins and rising central costs following the company’s admission that it needs to change its approach to the Leicester textile industry. We look for further clarity on potential wider investigations by other authorities before giving the company a clean bill of health.’


Russ Mould, investment director at AJ Bell, pointed out there are ‘some notable headwinds to consider, all of which will push up costs. Customers returning fewer clothes helped boost the gross margin but Boohoo is now guiding for return rates to drift back to historic levels. Delivery costs have become more expensive for overseas markets and marketing spend is going up. The retailer will spend more on improving operations and IT.


‘If that wasn’t enough, there are the extra costs relating to actions from the recent review of its supply chain. Boohoo has pledged to improve its governance and be more focused on supply chain compliance, all of which will cost time and money.’


Mould added: ‘Boohoo has been under attack for some time by short seller SHADOWFALL which has now come out with more questions about the company’s actions.


For example, it wants to know the value of the claim being pursued by a class action lawsuit in the US relating to alleged “false and deceptive” advertising practices, and whether investors were made aware of the legal claim ahead of the £198 million share placing in May.

[ukneonboy] 22/2/2021 10:43

TimothyP, maybe you and the stockmarket, are not made for each other ?

Either that or maybe you've started believing too many of the lies, errors, fabrications and exaggerations posted by the (paid) Boohoo share rampers, the (paid) Kamani Propoganda crew and the (paid) Boohoo scribblers.

Doesnt Boohoo PLC actually refer to them as "Boohoo Digital Marketeers" ?




Hashtag: THEY'VE HUNG THEMSELVES WITH ALL THEIR OWN LIES !!!

[timothyp] 22/2/2021 10:33

Leave me alone .

[jackson83] 22/2/2021 10:27

boohoo love its shareholders lol

[chainsaws] 22/2/2021 10:27

DESPERATE TO SELL ???


Whether it's panic time or not, Boohoo's latest marketing ploy....... really smacks of desperation.

6 days of trading left now until the Financial Year End and with a large Boohoo Warehouse in Burnley, full of unsold and unwanted Boohoo clothing, the "deeply discounting" continues.

The Tag Line of: UPTO 70% OF EVERYTHING, implies an urgent need to shift stuff VERY QUICKLY.


SELL, SELL, SELL !!!!

[hotaimstocks] 22/2/2021 10:23

top up at 249p

[melegramfortongo] 22/2/2021 10:10

IF ONLY skeptical aka christh had sold in the 370s....

As we know , skeptical investor is the reincarnation of christh.

Christh finally got the message that his stupid rockets and endless copy and paste just annoyed bears and bulls .... ridiculed all over the internet ... ripped to shreds by the voices of reason ... and finally passing away on the 4th October (4:10) he decided it was time to be reborn as skeptical investor .


THE VOICES OF REASON.

The seekers of truth and justice .
The outers of big shot wannabes ....

[chainsaws] 22/2/2021 09:59

WARNING: BEWARE OF BOOHOO "DEAD CAT BOUNCE"
=====================================================

In finance, a dead cat bounce is a small, very brief, very short-term recovery in the price of a declining share (Boohoo). Derived from the idea that "even a dead cat will bounce if it falls from a MASSIVE height"

Thereafter, the share price continues FALLING !!!

[guruofcanada] 22/2/2021 09:57

But don’t panic people! Hotaim stocks has changed her mind!!!

[guruofcanada] 22/2/2021 09:56

Didn’t see ukneon had posted the same story from shore capital

[sutton3] 22/2/2021 09:55

Looks like we are going back to the 340's holders have been scared by Sunday Times article and the derampers.