Boohoo Share Discussion Threads

[fuji99] 25/7/2017 12:37

They will have soon a huge debt as since 2014 their EPS and losses are going exponential. This means that a growing loss will translate into a huge debt because if you don't make a profit you have to borrow money to survive and if you borrow, you will have debt ... So KOOVS is already a loser to me. I wouldn't even dare touch it.
But if you see it in another angle good luck to you.

[panic investor] 25/7/2017 12:31

And has zero debt !

[fuji99] 25/7/2017 12:30

KOOVS is a loss making company so my advice to not buy too many of a loss making company.
BOO at least makes a decent profit and is expanding like a spider ...

[davroc] 25/7/2017 10:55

Is this the Boo thread or the Koovs thread?

[cycle2] 25/7/2017 10:52

@Skinny: not necessarily. It's very common for a stock to dip further than support before rallying - a 'washout of the lows'. There's plenty of speculation about whether the MMs do this to shake out weak hands and get some nice low price entries.

I placed a buy stop at 215.5 which has just been filled in case this happened and am glad I did.

Of course I may be wrong - all trading is a matter of probabilities - but for many of us long-term holders here, these dips are providing nice opportunities for topping up.

[skinny] 25/7/2017 10:45

It looks like the relationship with 220p could end to the down side for now?

[pt725] 25/7/2017 10:09

Thanks Bamboo

[bamboo2] 25/7/2017 10:08

pt, 85% chance of a turn in the price.

These apex based turns have a backtested statistical likelihood of approx 60% [ie greater than chance alone], however, in my experience this increases where two or more individual triangles or wedges have apexes on the same day.

We don't know direction for certain until the day, but with a bit of judgement it is possible to use these to time trades.

[taurusthebear] 25/7/2017 10:02

It means every p down is a p closer to bottom. :0)

[pt725] 25/7/2017 09:50

Bamboo , what does 85% + mean

[bamboo2] 25/7/2017 09:44

Fingers, As I mentioned previously, one of the apex based potential turns marked on my daily chart for yesterday does fall between the two sessions, so could easily be today.

I now have three separate apexes marked for Friday 28th July. This makes a turn then an 85%+ certainty. imo

Thanks for keeping us up to date.

[fingers xxd] 25/7/2017 00:58

Update - BOO - 219.25p

[panic investor] 24/7/2017 21:14

That applied to 6911/12

[dsmith57] 24/7/2017 16:12

.this just wants to go lower.

[scooper72] 24/7/2017 15:22

Thanks for the replies on Koovs.

[harebridge] 24/7/2017 13:50

Gersemi- could be worth getting your facts right. Hope this helps.There is a 62 page annual report on their corporate website.What I did find very interesting on page 20 was the remuneration package for directors.CEO Mary Turner has voluntarily waived £200,000 of her £250,000 package.Lord Waheed Alli voluntarily waived his whole salary.Robert Bready voluntarily waived £100,000 of his salary.Anant Nahata voluntarily waived 50% of his salary.It looks like the ex ASOS management are truly dedicated to Koovs succeeding!News on fundraising imminent as Lord Waheed Alli has just pumped in £7.4 million of his own cash.

[panic investor] 24/7/2017 12:33

Great chart here just added

[discodave4] 24/7/2017 12:24

themaker,Don't think he was gifted any shares. Jalal is Mahmud's older brother. Jalal still holds 6.66% of Boohoo. Don't know if it was a cordial departure from Boohoo but clearly he wants to mirror their success.DD

[sogoesit] 24/7/2017 09:55

In for more today at 221p.
Looking for that triangle break-out soon... hopefully upwards!
GLA