Boohoo Share Discussion Threads

[argentus1000] 28/9/2017 07:15

re Carol Kane selling - Doesn't look a helpful headline, but note she's the only one who didnt sell in June placing. Others sold at 219.5p in June. She's trimming at 230p in September. I don't think a huge need to get all bearish on that, notwithstanding sometimes the market shoots first. Yesterdays fall should more than encompass headlines like this

[colinzeal] 28/9/2017 07:08

Wonder how Carol Kane's disposal will affect this on open. Not a good sign normally.

[mboy010] 28/9/2017 07:07

Carol sold 4.6m shares yesterday, but only makes up 10% of her holding so fair enough.

[sogoesit] 28/9/2017 05:31

My valuation update:
Pre-interims I was working on full year 2017/18 at 4p/share giving a target share price at the guidance P/E (60x) of 240p. Seemed to work with the share price coming into the results yesterday.
But interim EPS came in at only 1.25p. So, assuming a 30% uplift on 2016/17 full year EPS we get about 2.85p for the coming full year.
At 60x this gives 171p target share price or, at 80 x guidance, 228p.
220 to 230 would seem a reasonable PEG price range at this stage, therefore but be prepared for a sell down by the "impatient".
(As mentioned above the margin reduction for investment in the "customer proposition" of 240 bpts to 10.6% from 13% has affected the EPS.)
Apparently market no longer paying for GAAP (growth at any price)!

I am not a seller of stock but have closed all CFD positions while this works itself out.
If we get to 180p will accumulate stock there although am "full" right now on this.
Good luck!

[ny boy] 28/9/2017 03:15

Classic sell the news market reaction.

[peteret] 27/9/2017 23:53

Hey Everyone
lots of hot air but no Dividend glad I bought Hotel Chocolat instead.
take a look at their statement and compere. new dividend already.

[bscuit] 27/9/2017 23:34

I looked back at the ASC [which I had niavely dropped from my watch list at 92p after the Bruntsfield fire] chart, which had a big drop in 2011 from around 2200 to around 1300, yet all was regained in 2 years and it had got to over 6500 in 2014 and recently was above that level.

I'm not fazed I bought in at 21.25p and hold in shares in my ISA. I won't buy any more as the easy money has been made as Paul said.

[babazurie] 27/9/2017 23:11

I recall Pauls report from visiting Boohoo. Although very informative and well received, he did rather pat himself on the back which is rarely a redeeming feature.

That aside, it was good to see the report.

[kenmitch] 27/9/2017 23:03

Paul actually said that long term Boo was likely to be more successful than ASOS. His key point was that shares like BOO and Fevertree on very high PE ratios are vulnerable to big falls if markets turn nasty. Hence he would not pay more than 150p for BOO. Also until today all his updates on BOO have been positive, even after he admitted selling too soon.

i.e risky hold now, but perhaps another chance to buy much lower and then good chance of big share price gains again from that lower base if BOO is on the way to doing much better than ASOS.

[rickyvee] 27/9/2017 22:40

I'm not mocking Paul but why say it's the next Asos and then in the same breath say the shares are good value circa 150p.

[manics] 27/9/2017 22:27

Letting a few pips loose in margin is not new to BOO and has been forgiven before due to the demonstrable (delivered) growth record. Given the announced upgrades as continuation that has to repeat imo.Speaking in extremity, would you rather 10% of £500m or 9% of £1bn?

[frankwhite] 27/9/2017 22:24

I'm invested here for the very long term 10 years+

[frankwhite] 27/9/2017 22:23

Don't knock Paul Scott he started this thread and from his advise I bought BOO. I've made a lot from him. Personally I didn't sell I've been in since 23p.

[adamb1978] 27/9/2017 22:22

I bought these at 30p and whilst I've sold some on the way up, still hold around half m original position.

The results this morning were great - very little to pick at. I've seen people on here talk about PE multiples however that's really missing the point. With a very high growth company, PE multiples are irrelevant. A company like this, and like Amazon, spend huge chunks of their revenue on marketing and promotions which depresses the profits. When they stop growing, they cut back on those costs and margin rise quickly.

At the moment, you have a company which is growing like a weed even without the US element. If they crack the US, then given they make about £500m revenue in Europe today, what might they make in the US?!?

The price fall today was nonsense, triggered by people looking at irrelevant metrics. I'm happy to keep my position and might well add to it.

Adam

[manics] 27/9/2017 22:06

He was 'telling' this good community to get out at 50p Jonny33.


paulypilot2 May '16 - 00:57 - 2135 of 7729 4 2

BOO's a fantastic business in my view, but probably priced about right now, circa 50p - that's a sensible price, weighing up the strong balance sheet & great growth, in my view.


Paul is in bed with Shareprophets Jonny33 and as an avid reader of "Paul's company write ups" you'll already be aware that they are now, and have been for some time, co-written by Shareprophets' junior staff (Graham Neary). I'm not open to digest such content because of the Shareprophets association.

Whatever education you feel empowered by originating from those boys; well. Be careful imo.

[jonny33] 27/9/2017 21:05

Don't go knocking Paul Scott, without him a lot of us would not be in this share, and for the record he did not sell out at 50p, it was more like £1.30, and yes he admits this was too early, and yes this share can go bigger than ASOS and yes it can be over valued now, because growth takes time, so today it's over valued vs. the companies performance, and in two years time it'll be much bigger, catching ASOS and with a share price to reflect that, these are not difficult concepts if you take the time to learn, maybe you should read Pauls company write ups.

[babazurie] 27/9/2017 20:59

I recall reading a Market report on US indices that showed strong selling into good results. This was during US reporting season earlier this year.

It may simply be a pattern. Lets see what trading is like the next two days.
No rush to get in if you have strong conviction of where it is going in future

[rick678] 27/9/2017 20:52

I want to know what the secrets are the CE referred to... Kourtney Kardashian? What else?

[grahamburn] 27/9/2017 20:51

This is informative in terms of the disappointing price performance today:
________________________

Shares in online fast-fashion e-tailer boohoo.com (BOO) took a tumble this morning despite a good set of half-year numbers. The problem lies in margins, specifically full-year margins, which are expected to reported within the 9 to 10 per cent range. This compares to previous guidance of 10 per cent and last year’s number of 11.4 per cent. The nudge down is the result of higher investments in pricing, promotions and marketing as well as a higher sales mix from lower-margin acquisition PrettyLittleThing.

______________________

From Investors Chronicle midday roundup - surprised no one on here has thought this issue through.

[manics] 27/9/2017 20:45

Paul Scott thought BOO was "fully valued" (his words) at 50p and so sold them in what was a "terrible mistake" (his words).

Hard to fathom today's price action imo. If you had a decent position, wouldn't you have sold going into results? The price was firm, and within the realms of sensibility you couldn't of been expecting much more than BOO actually delivered today...

Why hold into results then dump in volume? In case BOO reported growth at 1,000%? -please.