Boohoo Share Discussion Threads

[1fox1] 28/9/2017 10:52

ASOS fell from over £70 to down to under £20 before recovering all the way back to £60 so there may be a great buying opportunity somewhere along the line

[asturius101] 28/9/2017 10:43

I will be buying at about £1.30..

[nimbo1] 28/9/2017 10:42

Ha thanks MJ : ), you in here or observing? I was observing, just hoping for a 10% bounce. i'll be stopped out quickly if it moves against me.

[1fox1] 28/9/2017 10:42

It's had a stratospheric rise. Still way over valued in my opinion

[melton john] 28/9/2017 10:41

Good luck nimbo

[che7win] 28/9/2017 10:39

This company can't keep growing at 70% which is what the fundamentals dictate.

Closer to 35% I would agree with, so think the market has well overvalued BOO for a while.

[che7win] 28/9/2017 10:36

Whats not to like?

How about margins decreasing?
EPS for 2018 consensus = 2.98p, 2018 EPS is 3.39p

Forward P/E 74 and growth ~40-50%

[nimbo1] 28/9/2017 10:35

got a few. lets see if my timing is good or stinks!

[mypanic] 28/9/2017 10:35

Amen keep topping up

[telbap] 28/9/2017 10:34

Stupid panic. This will bounce like you won't believe ....

[glenkaz] 28/9/2017 10:32

What a moron that woman is to do that on results day! Bet the directors love her!! Not! 🤡🖕 to her!

[airs999] 28/9/2017 10:30

Whilst you still can..

[airs999] 28/9/2017 10:29

Sell sell sell get out now

[glenkaz] 28/9/2017 10:26

Has more to fall lost £9k in 24 hours nice! Will re enter for bounce when 🤔

[tickler] 28/9/2017 10:19

The time to buy is now.Fantastic results, broker upgrades, new warehouse to cope with increased capacity. What's not to like.

[glenkaz] 28/9/2017 10:19

Sold at 206 at a nice loss will recover it later gla🤡✌️

[bulltradept] 28/9/2017 10:01

Hi Bamboo2,

It's been some time since I read his book, I know he did a lot of research regarding patterns and yes you could be right, with the volume and steep sides both sides you could see why the £2.00 area is vital given how the pattern is playing out.

Cheers.

[tdog1975] 28/9/2017 09:48

When to buy, I don't know..... this is a emotive share

[fuji99] 28/9/2017 09:44

cashhandcard - I felt they would drop it on results days because it was rising post - results and I mentioned it in this thread on Monday/Tuesday.
But I din't expect to see a very decent result with sales upgrade transformed into worse than a triple profit warning. This is why I find it odd and "abnormal". So my conclusion is that this gives me another opportunity to buy more. For the markets, there will always be markets with ups and downs and this is the normal behaviour of the market; anything static has no life and therefore is dead.

[cashandcard] 28/9/2017 09:35

Fuji,


I'm not a bear/bull - that is for mugs. I actually have a small holding here from months ago, which I will add to when things calm down. The reality is this did get a little ahead of itself, but the growth indications are super. The only worry is pressure on margins. As for markets, every single historical indicator is pointing to the fact the market is over inflated, priced at historic highs. To me this feels like 2006 all over again, that's just my feeling.

Yes, you are right, companies are making money, profitable - but they are being valued at insane levels, meaning a bit of pressure on their earnings and one can see trouble ahead. The herd is firmly buying this over-valued market, there is no question there. What others do? I don't know, but each to their own.


Cash

[nimrod22] 28/9/2017 09:35

decided to buy a few as the share price has gone below the 150 dma, under 30 on the RSI graph, may well have bottomed out. Should manage to catch a bounce.....maybe!

[bamboo2] 28/9/2017 09:30

bulltrapdept, re big m. I can see what you mean, so I re-read the definitions for this pattern.
Going by Bulkowski's definition, it doesn't really fit the criteria.

I have reverted to my original idea outlined in 7280. It's a confirmed H&S Complex top. If so this has now completed to target at approx 199, and filled a small Contimuation Gap that opened 23/5/2017

[arab3] 28/9/2017 09:29

all you guys who are waiting to buy at 175,
what price are you hoping to sell at ?

[fuji99] 28/9/2017 09:25

cash - Your role as a bear is to scare people to sell in order to make more money on the way down and this is normal and that's fine by me because I am a long term holder. I only understood one thing: BOO's true value hasn't even started yet ... and as they say, never follow the herd mentality. All those who sold in panic will regret it because within a few weeks things will be as normal as before and all this gloom and doom will be "forgotten". There will more different news and different interpretations etc. So if you don't sell you lose nothing unless one is a day trader or has to close his positions.

[nrsr2016] 28/9/2017 09:19

More brokers reiterating buys this morning:

hxxp://www.hl.co.uk/shares/shares-search-results/b/boohoo.com-ordinary-1p/broker-forecasts