Boohoo Share Discussion Threads

[panic investor] 10/6/2017 13:44

PE ratios etc are out of the window on growth stocks.

Even Paul Scott sold saying it was too high, but he didn't know that a new warehouse was in the offing plus investors at full ask for 50m !

[monnow] 10/6/2017 12:25

Meijiman :Absolutely,I think it is most peoples failing if their honest. Well done anyway, you are on a handsome profit, where do you see this going long term ? more acquisitions, or being acquired to prop up failing bricks and mortar giants.

[panic investor] 10/6/2017 11:48

Totally agree villarich - high rsi means that people want the share !

[meijiman] 10/6/2017 11:41

No I got in at 26p on a rec from P Scott. I was talking generally -and for me anyway not cutting losers early has been my main failing on the downside.
Buying an IPO post a profits warning is not my usual style!

[monnow] 10/6/2017 11:00

meijman : I guess you must have got into Boo quite a while after Jan 15 then. Pre then it would have been cut from your portfolio as a looser ?

[meijiman] 10/6/2017 10:46

Equally there are are many sound reasons to run a very concentrated portfolio of winners. Much better to chop losers early even when taking a loss.

[monnow] 10/6/2017 10:38

Iggy : I would like to add my congratulations to you on your great profit. I endorse Villarichs comments on the whole. I am in Boo and G4m and have been in both since fairly early. Top slicing is a very sound practise if preserving your profits is important. Ask yourself the question , would you place the 100 + K in Boo if it was a fresh punt. I top sliced Boo at 130. I put the multi bagged profit into G4M and others and retained original by now free stake back into Boo., which has since nearly doubled again. You are taking risk off the table and diversifying. Only my humble point of view, but best of luck to you.

[villarich] 10/6/2017 10:34

Panic, yes 90 suggests overbought but there is no timeframe for remaining at that level. It could stay at 90 and keep climbing for weeks. At the current share price of 266, it could continue to climb to 300 before the pull back, when it falls to 275. So getting in now would be better. All hypothetical of course.I guess what I'm saying is if you're in it for the long haul, then entry point and waiting for a pull back has little impact. Loving the board by the way. All very constructive! ??

[panic investor] 10/6/2017 10:24

Iggy - current RSI is over 90 so there should be (logically) a pullback for you to get back in and the rest of us to top up.

Anything over 80 USUALLY means overbought.

I'm not saying this always happens as the stock could trade sideways for a while.

Best regards and enjoy your weekend,

[thinkon] 10/6/2017 08:03

I got in late but enjoying the ride… The growth potential of this share is awesome- should we get an upgrade from Panmure Gorden or a recommendation in the mail on Sunday midas share tips section, this will accelerate even more.

[villarich] 10/6/2017 07:56

Oh and just to add, after my experience with FEVR I've stopped using automatic stops now. I've learned to be unemotional about a share and set myself a price that I will unequivocally sell at.

[villarich] 10/6/2017 07:54

Iggy, it's a shame you got stopped out. Your stop loss was probably a bit too close but understand why given your £22k gain in a day! The same thing happened to me on FEVR (another belter of a company). My stop was quite a few percent away but after a tree shake I got stopped out. I was furious and bought straight back in but with a much smaller amount than you have in BOO.I think you also need to consider how much BOO contributes to your entire portfolio. If it's everything then there'snothing wrong with a bit of top slicing either. It's a fair risk management process to retain your capital. So don't feel pressured to what the whole lot back into BOO. I'd be tempted to take a little and spoil myself and with the profits. (that's not advice BYW!)G4M is also a good one. It's more volatile than BOO. I'm not currently in having been stopped out when it dropped from £8 to £7 but do think it's a grower.

[airs999] 10/6/2017 07:51

I'm also still wondering why the price exploded so much more on this forecast compared to for example last years forecast which were also exceptional? Is the actual company returns now in January where we can measure forecast to actual turnover and net profits etc?

[airs999] 10/6/2017 07:39

Great stuff it's flown fantastically, I'm glad I was looking forward to june 8th all year. The heat will of course come off in the next week or 2, potentially down into the 250's. Good op for a top up then

[extrader] 10/6/2017 06:22

Hi iggyb67,

Well done, you !

Two comments : your ISA annual investment limit (new money) is now £ 20K, not £ 15K.

And, if you're married, you could withdraw £20K cash from YOUR ISA, gift it to your partner and - if they haven't contributed this tax year - start up a separate 'pot' for them.

Good luck and ATB

[iggyb67] 10/6/2017 01:55

Regarding ISA account. Total amount is sitting in cash so unless i transfer it into my nominal share or bank account I can re-invest profits and all.

[iggyb67] 10/6/2017 01:52

Terry Yes I totally agree as yesterday profit alone was 22k so felt the pressure somewhat but you all totally right on all counts.
Volsung this was the stage I was at cause I felt when I got 100k up I would seriously have to consider my position.
Rick678 No doubt I will be back but may have a small punt on G4M as like this share for many reasons and have dipped in and out of this share over the last 6mths.
Analcime this is due to my inexperience and limited knowledge although my peinciples of understanding the environment around me paves the way to my success. Ie reminds me of my days of playing chess during my school years and beating the professors son who studied the game on the way to 2nd place overall.
Not offended as your constructed comments are much appreciated.

[analcime] 09/6/2017 23:37

That's a very bizarre price (257) when it was around the 250-260 mark anyhow.
You'd put a stop loss in case of a big pull back to ensure you are a bit secure... more like 230-240, although that would not be surprising to be honest.

Sit and be patient Iggy... I think you may get an opportunity to get back in 245-250
We have accelerated from 180 to 265 in ONE MONTH only on protracted figures and growth forecasts. I AM NOT BEING NEGATIVE.. just practical.

Nothing ever goes up in a straight line and in the last month of that 85p climb we have only had approx two falls.. 3p and 5p daily... UNHEARD OF in this cut throat market.

The downside now is have you emptied your ISA accounts... so can you only put 15k back in.. that's a new one on me.

Have a good weekend all...

GLA
DYOR

[rick678] 09/6/2017 23:18

Iggy I would buy back in Monday if I was you otherwise you will really regret it. The business has just undergone a massive step change and this will keep climbing. There are other internet retailers out there worth 10 billion euros, this is three internet retailers sitting under one share stock name. The IPO three years ago was fully subscribed at 50p, now it's three companies each with monster turnover, to me it's cheap at £3. The institutions and funds will keep adding slowly to prevent the price from rocketing but it also unnerves unsure buyers when the price bobs up and down.

[volsung] 09/6/2017 21:31

It is interesting as an outside observer. Some folks have made life changing amounts of money. At some point the trend will change. When do you stop grasping after more money and enjoy the money that you have?

[terry hardacre] 09/6/2017 21:02

One thing the market has taught me, iggy, is that you have to lose money to learn some elementary lessons and you don't then do them again. In light of your gains, take it as a penalty you'd have gladly accepted when placing your original investment (if you'd been told back then you'd make the return you have, but would miss out on a grand or so on 'max return' in the process, you'd have taken it).Benefit from the experience moving forward, and be bloody careful to preserve your richly deserved rewards.

[iggyb67] 09/6/2017 20:53

15000 is market size for boohoo (as i found out from experience) so if you instruct a higher value it is not then guaranteed if the market is reacting quickly. Think LIMIT or fill and kill is more gauranteed and a safer bet TBH.

[panic investor] 09/6/2017 19:56

That's why I don't use stops - your not in control.Prices can be brought down it's happened at TTR and KWS, the former fell nearly 49% in half an hour but ended the day level about a year back ! KWS had an 8% down day only to be back and higher !If you needed a stop why not put it under the 220 issue price - that's the base - a 50m base !

[hn1] 09/6/2017 19:46

What did your stock broker say iggy? I'm quite new to investing... what does the market size have to do with stop losses?

And if your stop loss is at 257p that doesn't ensure it won't be stopped out at a lower price right?