Boohoo Share Discussion Threads

[au24] 14/9/2017 12:10

John Lewis profits DOWN considerably.

[algorithmicx] 14/9/2017 11:39

source:

Next has become the third major retailer to upgrade forecasts this week, and it is clear to us that the doom and gloom surrounding the sector is overdone. Yes, the weather may have boosted recent sales but sustaining the good start to AW would mean reduced pressure to discount later in the season. Next, Primark and JD Sports# have all shown that the consumer will spend if the right product and the right price is offered, and John Lewis has also suggested that fashion sales in particular have enjoyed the late-summer/early Autumn. The sector’s valuation suggests that forecasts will come under pressure to the downside: we think the opposite is true and weeks like this will be commonplace as we move through the reporting season. Our top picks are B&M, JD#, Supergroup, Card Factory, boohoo and McColl’s.

We expect SuperGroup to impress at its CMD (25-26 Sep). boohoo should be upbeat on the 27th (upgrades expected) and Card Factory will re-emphasise its attractions on the 26th. B&M is our top pick: store visits confirm the notion that customers are trading down and it is well placed to take advantage.

[au24] 14/9/2017 11:11

Next sell Boo products in their online directory too.

[algorithmicx] 14/9/2017 11:08

"Next sees improved trading outlook despite tough retail environment"

Probably on the back of this...

[fuji99] 14/9/2017 09:54

IMO this positive stability in the share price while the markets are struggling is a show of confidence in what's coming on the results day - 27th.

[shabbadabbadoo2] 14/9/2017 03:01

Amazon launches 'Find' fashions. They could just buy BOO and save all the bother!

[albert3591] 13/9/2017 16:10

Level or blue finish today,looks like we are treading water for the time being.

[berber1] 12/9/2017 18:52

Fuji99 your choice pick one. I think I am getting over excited. 300p by end of September, 400p this Christmas and 500p or more by Christmas 2018. Gla

[fuji99] 12/9/2017 16:24

Those who are really stuck with the share price are the shorters and those who would like to get in cheap because they cannot predict the next share price move. For the longs, they are patient and most do not watch the share price moves on a daily basis. They could glimpse at the news or smile at trapped shorters desperate moves to get out with minimum losses because the share price can escape upwards at any moment.

[rickyvee] 12/9/2017 16:14

Fuji, looks like you are right about the share price being stuck...

[fuji99] 12/9/2017 16:09

berber1: Will you hit 400p, 300p or 500p by Xmas ? Which number is likely ? ...

[cycle2] 12/9/2017 14:47

Personally I like to hear the bearish case if it's thoughtfully researched and logically explained.
If read-across from large-stock holding businesses is the worst that BOO faces, that confirms to me that the market should be pleasantly surprised by the results at the end of the month. BOO doesn't have the stock ordering issues that other suppliers have due to its fast test-and-repeat model.

I anticipate the only dampener on results to be NastyGal not making a lot of progress yet(see my previous posts about Alexa analytics). However, that is likely to be totally eclipsed by the amazingly strong growth of PLT.

[rickyvee] 12/9/2017 12:22

Exactly. The high street chains are suffering while the online affordable market is booming. Shabba lumps all retail into one doom and gloom scenario which just shows he has no understanding of this market.

[berber1] 12/9/2017 12:19

We should hit 400p by christmas. This a trendy company and there is nothing stopping it.

[seroserio] 12/9/2017 12:16

Recent retail disappointments are on the high street.

[rickyvee] 12/9/2017 12:15

I agree money is getting tight which is why expensive high street designer brands are suffering a slow death. Am I personally worried about macro conditions? No, the more affordable end of the market will "clean up" as you say.

[rickyvee] 12/9/2017 12:10

Regardless of macro conditions, young people will ALWAYS buy clothes especially if they are cheap and fashionable. And they will still go on holiday and enjoy themselves. Your scaremongering is not working and I suspect you would like to get in at a lower price post-results. Good luck with that!

[shabbadabbadoo2] 12/9/2017 12:00

My comment was relating to the macro environment, not company specifics. There have been numerous companies reporting lately saying similar things about discretionary spending dropping significantly.

It could be because companies like BOO are sweeping up big time; it could be because money is getting tight and people are not spending. We shall find out in a few weeks for BOO.

[toffeeman] 12/9/2017 11:51

Shabba

Not comparative UPGS have huge sourcing and stocking problems let alone distributing.

[shabbadabbadoo2] 12/9/2017 11:16

hxxp://www.stockopedia.com/share-prices/up-global-sourcing-holdings-LON:UPGS/news/rns/170911upgs2993q.htm/?title=trading-statement

UP Global Sourcing Holdings (UPGS) basically source stuff from China and sell it to retailers. They were on a very high rating, like BOO. Yesterday, they announced that although current trading is in-line, "Consumers' discretionary spend is under pressure and confidence is therefore lower than it has been for some time, which is inevitably being reflected in purchasing behaviour. For retailers, this has also coincided with cost price increases in the wake of last year's sterling devaluation. As a result, retailers are generally exercising caution with regard to their non-food buying for Autumn/Winter 2017. This is manifesting itself in a reluctance to commit to purchasing too far forward, with retailers instead placing orders later or buying from stock."

See analysis: hxxp://www.stockopedia.com/content/small-cap-value-report-11-sep-2017-itq-upgs-luce-xlm-ekf-217173/

The shares halved yesterday and are down another 12% today. And their current trading is in-line!

The September trading announcement will be huge here. I have previously sold out of BOO (at 231p) and await these results before making my next move.

[discodave4] 10/9/2017 19:25

rickyveeDitto ASOS:hTTps://www.drapersonline.com/news/asos-launches-own-brand-beauty/7025667.articleWho's copying who?DD

[rickyvee] 10/9/2017 15:36

www.mobile.twitter.com/boohoo/status/906868690108416000