Boohoo Share Discussion Threads

[jurgenklopp] 08/6/2017 20:06

I'm old enough to remember when Next crashed to 7p and most of you would have seen it at £80+ in the not too distant past.
ASOS will be fresh in everyone's memory too.
However, to me, BooHoo looks to have the potential to be the best of the lot. The way people shop for clothes is changing forever and is being led by youngsters (again relatively speaking !!).
The update today suggests a lot more potential in the share price for the rest of the year and now, with the finance sorted for expansion, the Company should be able to provide stellar growth for a few years. The onus, of course, is not to put a foot wrong but, so far, the management seem to be very much on the ball.
I'm a latecomer to BOO having bought at 177p and topped up yesterday at 219p (my thinking being that surely even a Jeremy Corbyn government cannot stop young girls buying clothes online) and, after today's rise, it is now the second largest holding in the portfolio by value.
I wouldn't have bought in the first place was it not for this thread so thank you all posters (even the shorters).
IMO the story is still very much in it's infancy.
GLA

[steptoes yard] 08/6/2017 20:03

tremendous effort iggy, well done. One never forgets their first multibagger and if it can have a positive effect on your life and those around you then even better. One has to kiss a lorra frogs in this game to get there but the patient and disciplined will get there

it will have a setback at some point albeit on the way to something even better but that clearly isnt now as the co gets re rated by those with deep pockets

[anusol] 08/6/2017 19:18

* just turning 5 years old

[anusol] 08/6/2017 19:17

Here's my story - I opened an Child ISA for my son 3 years ago and not long after managed to speculate some BOO shares for him at 22p. Pure fluke that I spotted them as a massive IPO faller and thought it had potential. Anyway he's more than 10 bagged this now and only just turning ( years old - so what sort of value when he turns 18 in 13 years time.... he could retire, lol.

[croasdalelfc] 08/6/2017 18:44

Look at the trades after hours , 10% of company traded today

[analcime] 08/6/2017 18:42

albert3591
8 Jun '17 - 18:14 - 6221 of 6223 0 0
I wonder how the shorters are feeling?.

Joking apart albert...
We are due a pull back... this is too much a steep upward climb.
I personally may short this albeit for 20-30 points in the short term.
My shares will stay where they are.

[ramas] 08/6/2017 18:20

One to keep buying all the way until the story changes , could it really be asos 2.0

[seroserio] 08/6/2017 18:20

I would expect EK along at some stage with talk of horrific P/E and a spurious 'research' note. Perhaps the company buy backs could deal with that.

[albert3591] 08/6/2017 18:14

I wonder how the shorters are feeling?.

[pt725] 08/6/2017 17:45

To put this context, SS last year ( 6 months) Boohoo did 127 million one brand.In three months they have done 120 million , they are going to be 100% up on SS LY minimum

[ayl30] 08/6/2017 17:32

Well done Iggy, fantastic result, its great hearing such stories. I don't know if I would be grave enough to let that amount sit in one share though. I sat next to a guy a few years ago who said his best mate was well on the way to be a millionaire as all his money was in an fast growing oil co. A few months later it crashed, wonder how he feels now?

[themaker] 08/6/2017 17:14

Iggy, your story is great to hear and surmises the pros and cons of capitalism very neatly. If you added some guns and perhaps a marvel superhero you we could have a blockbuster on our hands :D

[terrachris1] 08/6/2017 17:05

Hi all,
Would like to thank pauly pilot for starting this excellent thread.I don't post very often but what a monumentous day! I bought in Jan 15 at around 24 added a lot at 37 with the same principle in mind that teenagers being glued to their phones would use them only more and more, I messed up last year and managed to trade my way into losing a few but am now just holding. Fortunately I couldn't access any of the money as tied in a sipp until next year.
A great quarterly update today and they seem to be really going for it.
Feeling very fortunate to be holding 180 k shares

[thevaluehunter] 08/6/2017 17:01

G4M could be the next big mover, only £153m market cap at the moment.

[sogoesit] 08/6/2017 17:00

Good to hear your train finally arrived, iggy.
Well, played.
(Were you with Fugro in oil&gas?)

[pt725] 08/6/2017 16:59

Misguided is still private, also based in Manchester and also has two large stores

[iggyb67] 08/6/2017 16:48

In the early days id bought ARMS Holdings, Centamin PLC, Taylor Wimpey etc and sold at a small profit on the intention of buying again but train left the station as they say and lost out big time.
With Boohoo id bought just before their profit warning at around 39p and had to sell at a loss to pay a T20. I couldnt see why this company would have a good long term future as could see online shopping will takeover high street shopping so bought back in on my ISA account at 27p. Think having bought in my ISA account calmed me down from making the same mistake althou in the early days it was a very slow profiting process. Anyones elses stories on this share would be intereting to hear i think.

[panic investor] 08/6/2017 16:45

Well done iggy great to hear

[villarich] 08/6/2017 16:29

Brilliant story Iggy. I'll echo what everyone else has said. Good to hear of your success.I'd love to know what your reasons were for buying BOO at 20 odd pence?

[au24] 08/6/2017 16:28

The young buying boo will have no money to spend on new clothes under Labour.

[borg45] 08/6/2017 16:24

Nice one iggy !!!! Love to hear things like this !!! Tomorrow should be a good day as well with a thumping Tory majority!!!!

[terry hardacre] 08/6/2017 16:24

Cheers tel, always a fan of the tels out there :)