Boohoo Share Discussion Threads

[fluid36] 12/7/2017 04:28

Back in, also with a tight guaranteed stop. For all of the reasons outlined above 220 seems to be a good resistance point. All the best.

[adthorn] 11/7/2017 16:39

Looks like we might be returning to normal trading, only 5m shares traded today! Bring back the days of minimal but consistent share price rises, easier for the heart to take than the recent rollercoaster

[algorithmicx] 11/7/2017 14:30

Premium Collection Launched:

[toffeeman] 11/7/2017 08:11

Tears are drying up at Boohoo
The fall in Boohoo’s share price was halted after a leading investor insisted that the online fashion retailer remained en vogue, despite the best efforts of Amazon.

Boohoo owns brands including Nasty Gal and Pretty Little Thing
Boohoo owns brands including Nasty Gal and Pretty Little Thing
Shares in the group have slipped by 12 per cent since Amazon launched Prime Wardrobe, its try-before-you-buy service, last month. City observers had expressed concern that the move could spell trouble for Boohoo, whose shares floated on Aim at 50p in 2014 and surged to 266p last month.

Richard Watts, of Old Mutual Global Investors, sought to allay such fears, suggesting that Boohoo could benefit as more consumers chose to shop online. “This idea that everyone’s going to buy all of their clothes off Amazon, I just don’t believe it,” he said.

Old Mutual is Boohoo’s largest institutional investor, with a 14 per cent stake. The family of Mahmud Kamani, who co-founded the company in 2006, holds more than a third of shares, while Carol Kane, the other co-founder, has a 4 per cent holding.

Shares in Boohoo, which owns brands including Nasty Gal and Pretty Little Thing, closed flat at 220½p. Boohoo is one of Aim’s biggest companies, with a

[taurusthebear] 11/7/2017 07:46

Commiserations on the runs and the crutches, samdb. Was it a bad accident? :0)

[tequilaa897] 11/7/2017 05:48

220 is a great spot to buy as there will resistance below this number as this is what the MD sold at, i am hoping for this resistance to lead to some sort of hype spike because this is a very positive stock, with bags of potential in a growing market all be it very highly priced atm.

[samdb] 10/7/2017 13:55

Back in here with a tight stop. On a couple of supports.

[panic investor] 09/7/2017 12:57

Do yourself a favour and ignore that rubbish

[qruz] 09/7/2017 12:51

Still a "stay in cash" according to charts on BB:

[sogoesit] 09/7/2017 08:47

Yep, volume was very high friday, over 18 million.
That's nearly double the recent average. Usually high volume a good sign of a turn but take bamboo's point.

There are a few channel uptrend line supports but, for me, 216 is the near term one. 207 is the next one on the list (60 day ma). All on closes but good chance the 213 spike down on friday is support.
Im not a seller in any case. May add soon, last purchase was at 208 before the spike, and that level would give me reasonable upside to my "fair value" of 240p on a 6 month view pre-capital raise.
Acquisition would change all this; to the upside from 240p.

[pt725] 09/7/2017 07:32

They won't, the major overhang is cleared, volume has been higher than average in last couple of weeks

[panic investor] 08/7/2017 21:06

The placing was at 220 - why would they sell for less than that ?

[qruz] 08/7/2017 20:43

Guys If there is still 50m of placing shares being pumped into the market the share price will continue to dip until they are all soaked up and profit taking is done.. then we will get back moving forward.

[au24] 08/7/2017 20:22

Did no harm whatsoever,but raised us back up from earlier lows.

[qruz] 08/7/2017 16:52

What about the large after hours sells?

[pet lover] 08/7/2017 15:44

Ok for those that have done well here and are now looking for the next Super growth story.

BST will I think grow revenues 1000% this year.

[bamboo2] 08/7/2017 15:23

I'm not convinced the shakeout is quite finished yet. Several potential turns on the chart next week. A successful test of historical support zone though.

Long term lower trendline support at 210.5 on my chart.

Yesterday's dcb was to be expected as shorters covered their trades for the weekend.

What is missing from a chart pattern pov is a positive target price.

[panic investor] 08/7/2017 15:08

Indeed fluid - looks a nice trade from here

[fluid36] 08/7/2017 14:24

Bounced off the moving average and returned to the long term trend line of 220 like I predicted a few weeks ago (and was chastised for). All going well we should be back into a nice steady rise (global factors allowing).

[extrader] 08/7/2017 12:30

Hi Steptoes Yard,

Warehouse innit

No - warehouse to be financed from cashflow, £ 50M for acquisitions, per RNS.

ATB

[steptoes yard] 08/7/2017 11:25

Warehouse innit

[sogoesit] 08/7/2017 10:18

Now most of the "froth" has gone let's hope we get back to our 1p or 2p a day gains trend.
(As the saying goes: "Better to be a grower than a show-er" ;-) )

Still waiting news on what management will do with the £50m odd that they raised; a Missguided summer in store, or even online, maybe?