Boohoo Share Discussion Threads

[farrugia] 24/9/2021 09:52

this is funny from Guruofcanada:

The only bad news from California is that the plaintiffs lawyer is so bad that he couldn’t even fill out the documents properly!! Don’t trust ukloserboy et al! He can’t read! So read it for yourself folks!

Go to the URL below and scroll down. Let’s not forget that boohoo have gained huge numbers of new customers and that the plaintiff cannot even establish ANY loss - let alone fill out the correct court documents!



DAY OR RECKONING FOR THE SHORTERS IS ROUND THE CORNER - NEXT TRADING UPDATE 30TH SEPTEMBER. GET IN AND ENJOY THE RIDE. THIS PUPPY IS GONNA BITE YOU SHORTERS ON THE 30TH.

[ukneonboy] 24/9/2021 09:50

The FACTS speak for themselves.

[millenniallnvestor] 24/9/2021 09:49

SHORTS BURNING NEXT THURSDAY, VOR will be scorched.

[ukneonboy] 24/9/2021 09:48

So back on the 29th July 2021 we broke the news that despite numerous protests from Boohoo’s U.S. legal team, Boohoo Chairman, Mahmud Kamani was ORDERED by the Federal Court to give evidence under Oath, via a 4 hour video deposition relating to the THREE Californian $100 Million Class Action lawsuits against Boohoo and PrettyLittleThing and NastyGal


Farid Khan v. Boohoo.com USA, Inc
Haya Hilton v. PrettyLittleThing.com USA, Inc
Olivia Lee v. NastyGal.com USA, Inc


Kamani was ORDERED to provide the Court with his personal testimony relating to the very serious allegations that Boohoo PLC and its U.S. subsidiaries have engaged in deceptive marketing practices in violation of California’s Unfair Competition Law, Cal. Bus. & Profs. Code § 17200, False Advertising Law, Cal. Bus. & Profs. Code § 17500, Consumer Legal Remedies Act, Cal. Civ. Code § 1750 and fraud, fraudulent concealment and unjust enrichment, to the detriment of U.S. consumers.


Despite the Court order requiring Kamani to provide his personal testimony by 15th August 2021, this deadline was extended to 15th September 2021 (at the request of Boohoo’s U.S. lawyers)


Kamani’s U.S. lawyers are clearly dithering and delaying proceedings, but why ???


As Chairman of Boohoo PLC, you would imagine Mahmud Kamani would be desperately keen to get everything cleared up and resolved as soon as possible, and without any further adverse publicity to harm the reputation of Boohoo’s branding and businesses in the U.S.A.


However, what we do now know is that the Federal Judge is NOT impressed with all the delaying tactics and Mahmud Kamani WILL NOW BE REQUIRED TO PROVIDE HIS VIDEO DEPOSITION in October 2021 (at the very latest)


Lawyer, Ahmed Ibrahim, and co-lead counsel for the Complainant Plaintiffs recently told the California media:


“Mr. Kamani’s attempt to evade questioning of his own conduct, by hiding behind his lawyers and his employees was rejected. The Court recognized that it was Mr. Kamani who personally came up with the deceptive advertising and pricing practices at issue in these cases. We will conduct a thorough cross-examination and ultimately hold Mr. Kamani and his companies accountable for deceiving U.S. consumers with fake sales and false pricing schemes”

[farrugia] 24/9/2021 09:20

NO, HOW DO YOU DO THAT? I AM TOO OLD TO BOTHER

[buy2sell1] 24/9/2021 09:20

do you know how to TURN OFF caps locks ?

[farrugia] 24/9/2021 09:14

GREED IS GOOD SAID BORIS JOHNSON.

[ukneonboy] 24/9/2021 09:12

As is, Copyright Infringement, Supply Chain Slave Labour, US Litigation and greedy Directors, but you somehow forgot to mention all those, fellah.

[farrugia] 24/9/2021 09:09

BLA BLA BLA - DISCOUNTS ARE A BUSINESS FEATURE OF BOOHOO.

BOOHOO DOESN'T HAVE RETAIL OUTLETS WITH OUTRAGEOUS OVERHEADS AND RENTS TO MAINTAIN SO IT CAN AFFORD TO PASS THE SAVINGS TO CLIENTS. THEY WILL STILL MAKE A VERY CHUNKY PROFIT MARGIN SINCE THEY PRODUCE MANY OF THEIR CLOTHES THEMSELVES.

[factsandfigures] 24/9/2021 09:05

MORE EXAMPLES OF THE DESPERATE TIMES FOR BOOHOO PLC

It started with 70% OFF at Boohoo and now 30% OFF at Debenhams.

Sacrificing the margins to try to generate sales, to shift surplus unwanted stock.

Only to get it returned a week later.

EXCEPTIONALLY HIGH LEVELS OF RETURNS INTO BOOHOO'S BURNLEY DISTRIBUTION SITE !!!


DON'T SAY WE DIDN'T WARN YOU......COZ WE DID !!!

[farrugia] 24/9/2021 08:48

just got another Debenhams mailing -

'Hey payday! Celebrate with at least 30% off 💰'

They send these every few days now! The Debenhams e-mail database must be huge and Boohoo didn't have this last year. Besides they keep adding new brands

THE DEBENHAMS BRAND IS GREAT AND WITH THE BOOHOO MARKETING MACHINE IT MAKES IT A TRULY FORMIDABLE COMBINATIN. SHORT AT YOUR PERIL!

[factsandfigures] 24/9/2021 08:47

Poor lad, being long and wrong and then telling the world of his woes.

[farrugia] 24/9/2021 08:29

'Is now the time to start investing in recovery stocks like pub chains, cruise and airlines or is it worth waiting to see if there will be more lockdowns this winter?'

Depends how much debt they've taken to survive and how much they're recovered already.
I think its too late for the likes of Ryanair or J D Wetherspoon. But I do like RTN since easier travelling will help its business at restaurants in airports and the stock price is still not recovered.

COMING TO BOOHOO I'M IN THIS FOR A TRADE AND I'M 'ONLY' RISKING 20K. I'M LOOKING FORWARD TO THE TRADING UPDATE ON SEPTEMBER 30TH. CAN SHORTERS SAY THE SAME!? HAHA

[clickbait] 24/9/2021 08:28

🤣👍

[clickbait] 24/9/2021 08:23

Is now the time to start investing in recovery stocks like pub chains, cruise and airlines or is it worth waiting to see if there will be more lockdowns this winter?

[farrugia] 24/9/2021 08:18

it is just sentiment clickbait - look at ASOS it has also been going down.

But online is not going anywhere but up long term and Boohoo is as solid as it gets....

If you truly think we are in for a crash look at American bloated stocks like Carvana, Snapchat, Pinterest...etc I thought it was difficult to manipulate stock prices until I met GSX and online car seller Carvana. Check this: Shorters in here haven't met the likes of Carvana because their world is too small!! When that article was published on that same day Carvana went up 3% lol

[factsandfigures] 24/9/2021 08:16

Irrespective of the worthless opinions of others here on ADVFN, realistically, those THREE U.S. Class Action lawsuits in California can not possibly end well for Boohoo and for PrettyLittleThing and for NastyGal

The Californian Lawyers are STILL coming after Boohoo PLC for U.S. $100 Million



There are ANOTHER 49 states in the USA that can launch identical Class Action lawsuits against Boohoo PLC

[clickbait] 24/9/2021 08:15

Farrugia. Look at the share price It's going down. And not if but when the market crashes from my understanding the retail sector is going to get hit hard so stop ramping...

[farrugia] 24/9/2021 08:11

Wait until the shorts close!? The shorts are just a handful of posters with multiple aliases bombarding the thread here to impact sentiment. No I will not stand down. They are cowards who won't even admit they are short or how big their positions are.

My Mitie trade is going well :)

[buy2sell1] 24/9/2021 08:10

As I said earlier, its Boohoo Shareholders that deserve to know the true extent of the U.S. litigation that Kamani tried to keep quiet about.

After all it's Boohoo's own shareholders that will foot the bill

Thanks for keeping everybody updated Neon

[clickbait] 24/9/2021 08:06

Calm down Farrugia. Wait until the shorts close. No point gambling until they reverse it!