Boohoo Share Discussion Threads

[airs999] 19/6/2017 19:01

Do you refer to interim results? Are they due for September 2017?

[adthorn] 19/6/2017 18:23

The past 3 quarters have seen very similar share price movements in and around results time. Working to the same logic, we should see 280 before results and 300p soon after. Assuming growth remains the same or better

[albert3591] 19/6/2017 16:03

Hotaimstocks...When is this £2.20 going to happen,take that tail from between your legs and tell us.

[gswredland] 19/6/2017 16:01

You do sound optimistic sogoes but I would drink to that!

[meijiman] 19/6/2017 15:49

DCF can get you whatever you desire!

[sogoesit] 19/6/2017 15:36

From jurgenklopp's quote:
"Our 288p TP implying 19% upside potential, is DCF based and reflects a £3bn sales opportunity."

It looks like their DCF model takes account of future sales into the £3 billion range.
To me, the 288p - whenever it it is, let's assume one year hence - undervalues the company on an share price forecast basis.
Of course we don't know what "ramp-up" duration they see to the £3 billion mark nor do we know what Discount Factor they use. It looks pretty hefty to only get to 288p and the 19% upside seems meagre to say the least.
I'm looking for 330p on management's guidance and upside to 435p by Feb 2018.

Guess I'm ever the optimist!

[jurgenklopp] 19/6/2017 13:10

The Stifel comment:

"We upgrade our rating from Hold to Buy as we do not believe the current share price fully reflects expected FY18 sales and earnings. Our estimates are at the top end of the consensus range (Stifel FY18E Sales +8% and PBT +11%) and are supported by our Proprietary Social Media Analytics analysis, which shows a higher level of customer engagement compared to close competitors. Furthermore, we believe in worldwide fulfilment from the UK, underpinned by the warehousing expansion (recently announced) and the UK-based supply chain. Our 288p TP implying 19% upside potential, is DCF based and reflects a £3bn sales opportunity.

With the two new warehouses, the group will have warehousing capacity up to an ambitious £3bn net sales capacity, by FY20. We do not foresee capacity constraints in the meantime, as PLT will be placed in a third-party facility. We find the decision to expand warehouse capacity in the UK and fulfil worldwide from the UK to be in line with boohoo’s supply chain strategy, which leverages close suppliers relationships.
Multibrands strategy. As PLT exponential growth demonstrated and management recently confirmed, the two recently acquired businesses should drive domestic and international sales growth “leveraging that capability that we have got at boohoo”. PLT benefited from both boohoo’s legacy operational infrastructure and expertise and we believe that the multibrand strategy should support the two businesses even further.
Valuation. While we recognise the increased execution risk, we believe the company is moving in the right direction. We upgrade our DCF-based TP from 192p to 288p (19% upside potential). BUY."

[gswredland] 19/6/2017 11:16

Thanks sogoes

[au24] 19/6/2017 10:34

Its never to late to add more BOO. My latest top up at 240 last week might have seemed high to some folk looking in,but I am already in profit.

[sogoesit] 19/6/2017 10:31

Stiffel raises BOO from Hold to Buy.
New Target Price 288p from 192p.

[telbap] 19/6/2017 08:10

Asos and boo both up strong on open...

[albert3591] 16/6/2017 19:36

No hotaimstocks about today?Fool

[villarich] 16/6/2017 17:41

Wet his finger and put it somewhere else to come up with that

[au24] 16/6/2017 17:32

'Pray tell me how you came that assumption/calculation.'

Wet his finger and held it up to the wind I expect

[analcime] 16/6/2017 17:19

.
Fluid36
16 Jun '17 - 00:02 - 6453 of 6464 0 1
"Long term trend is around the 2.20p mark. It's quite conceivable that we will get back to here"

Pray tell me how you came that assumption/calculation.
Especially the Long Term Trend bit.

[fergus9] 16/6/2017 16:21

Mainly about the new warehouse facilities being built and the trading statement from June 8th.

[gswredland] 16/6/2017 16:16

What did the article in Investors Chronicle say please?

[villarich] 16/6/2017 12:55

Panic - Advice noted! I may be on the way to a red face though the amount of RedLeg I've been drinking lately. Not just because I'm invested there but because the stuff tastes so bloody nice!

[sogoesit] 16/6/2017 12:30

Exactly Villarich - 50/50 as I'm not in DIS (on watch list!) as I drink Hendricks with Fever Tree Indian Tonic and garnish of cucumber ;-). I only believe in drinking part of my profits!!
But here's a nice looking chart for you:
BOO support at 236p vs FEVR closes; looking positive!

[fergus9] 16/6/2017 12:26

Article in investors chronicle today.

[panic investor] 16/6/2017 12:20

LOL Villa ! Don;t go out in that sun by the way, you might get Red Legs !

[villarich] 16/6/2017 12:16

Sogoesit - for the benefit of my own portfolio, I hope your G&T's are made from Blackwoods gin (DIS) and some Fevertree tonic ;-)

[au24] 16/6/2017 11:26

Well done those who bought on the drop :)