Boohoo Share Discussion Threads

[rick678] 18/7/2017 20:22

They currently have twenty nine thousand products that they sell to seven million customers in two hundred countries.

[discodave4] 18/7/2017 19:21

412069Think you need to read post 6815.The new warehouse will be automated and they will have warehouse capacity (new+existing) for £2.5bn net sales.DD

[panic investor] 18/7/2017 19:16

They don't store them as such - it's all managed supply and demand - we do have computers these days you know Before you attack my post I knew a head of IT at Next. They could press s button for a sock design - it would set in motion ships docking, stores clearing space etc for the product !What BOO do us simple in comparison

[412069] 18/7/2017 18:37

To store 2.5b worth of cheap goods you would need a warehouse the size of the Case factory of which you could fit 20 BOO units in, way over valued this.

[pt725] 18/7/2017 18:36

Volsung, what do you mean

[volsung] 18/7/2017 17:32

The monkey is shafting the organ grinder so I'm told. Watch out for peanuts

[pt725] 18/7/2017 17:31

Another down day, when will it stop

[sogoesit] 18/7/2017 17:00

Quote from the placing notice:

"As disclosed in a trading statement also released today, the growth rates of the Group's brands are accelerating the need for more warehouse capacity. Consequently, the Group announces today plans to construct a new automated super-site of c.600,000 sq ft, which is intended to provide boohoo with over £1.5 billion of net sales capacity, in addition to the estimated £1 billion net sales being provided by the extended Burnley site. The land acquisition of the new site, together with the construction, is expected to cost c.£150 million over three years to FY20."

Are the two sites close together (the "extended Burnley site" and the new "super" site)?

[fuji99] 18/7/2017 16:05

Not "2.5 b" but the warehouse could store 1 billion + of merchandise.
So BOO will have a huge storage capacity to supply anywhere and meet any sharp sudden demand (during Xmas etc.).

[albert3591] 18/7/2017 16:01

Just being toyed with at this price,i think a lot of buys would come through if it was dropped much more.

[412069] 18/7/2017 15:33

I can see both new and steel frame of the new building from my office, still cant see how this is worth 2.5 b.
They were going to put automated system in the new building but back tracked due to costs.. getting a lot of bad PR around here re how they treat the work force.

[skerra] 17/7/2017 19:01

Looking at the chart, this would be a great time to form an inverted H&S and start back towards £2.60...fingers crossed

[laginaneil] 17/7/2017 15:52

Some pictures at:
"https://www.google.co.uk/search?q=burnley+boohoo+warehouse+pictures&tbm=isch&imgil=VGXbIHTilMRuYM%253A%253BaHdWyrfd8Dt4WM%253Bhttp%25253A%25252F%25252Fwww.lancashiretelegraph.co.uk%25252Fnews%25252F11661510.Giant___10m_Burnley_factory_project_promises_350_more_jobs%25252F&source=iu&pf=m&fir=VGXbIHTilMRuYM%253A%252CaHdWyrfd8Dt4WM%252C_&usg=__98UNXd8222Dw62pBrZ-qYvXqZRs%3D&biw=1366&bih=659&ved=0ahUKEwjm6LD4x5DVAhXJB8AKHdPyCb0QyjcIQg&ei=T85sWaaFHcmPgAbT5afoCw#imgrc=VGXbIHTilMRuYM:"

[tickler] 17/7/2017 15:14

Yes steel frame is up, I am in Burnley again next week so will take some photos of the site.

[themaker] 17/7/2017 12:31

Ticker do you have any photos? Also by framework do you mean the steel frame?
Thanks :D

[au24] 17/7/2017 11:58

Back to £2.60 soon IMO. Compared to ASOS. A LOT MORE TO RUN UP.

[qruz] 17/7/2017 09:00

Bamboo what does this mean if there are still 220p share being pumped out into the market?

Surely It won't move up until they are taken up, basic supply & demand?

(It's a question, not a disagreement)

[tickler] 16/7/2017 15:59

Just had a visit to the new warehouse site in Burnley, framework is well on the way, and the site looks massive. This company has big ambitions.

[bamboo2] 15/7/2017 14:38

On my chart, the rising medium term [from 14/2/17] lower trendline will hit 213.5 on Monday 17th July.

A potential turn is marked for 17/18 July based on the apex formed by the meeting of this rising trendline, and the falling overhead trendline that began at the ATH on 9 June 2017

Price is benefiting from 50sma support

H&S tp mentioned earlier still valid imo while the price remains below the neckline.

[taurusthebear] 15/7/2017 12:12

Merely reverting to the longer-term trend line. Went a bit ape in late May and June. :0)

[sparky333] 14/7/2017 14:02

Wtf it's Haike time !!!

[albert3591] 14/7/2017 13:56

looks as though the 220p share price will be the bottom,aimo.