Boohoo Share Discussion Threads

[adealsiddiq110] 10/10/2017 09:39

What we need to remember is that the underlying story hasn't changed, it's still heading the right way and will bring a nice profit to those who are patient and that is what investing and trading is about.A point to remember nothing goes up in a straight line it has to go down in order for it to go further up.Patient and faith is the key here.Hold onto what you have and when you get and oppertunity to buy low add the the wealth

[monnow] 10/10/2017 09:18

Supasapi: These rises and falls are not predictable, you've made the classic mug punter moves, bought high and sold low, and now you're telling us you're going to buy when its moved up again. Give me strength !!!

[supasapi] 10/10/2017 09:16

now we're back to late May FFS..... wasted 5 months

[supasapi] 10/10/2017 09:15

it's at these times that long term holders are sort of punished for weeks sometimes months..... paper losses I know which of course are all forgotten when the share price reaches 300 and more but it is all about timing.... being out now (largely) I can invest in other areas that at least aren't falling as BOO is and then when BOO is on uptrend move back in.... that's plan anyway but as I said earlier 240 seems a long way off at moment imo

[zapa] 10/10/2017 08:08

Cycle re post 8140, these dealings are termed CFD's. Dose that not make a difference?

[supasapi] 10/10/2017 07:44

when you say it moves up quick when it starts to move..... but if the pundits are to be believed that 300 is on cards then is it not best to wait until say 240 is reached then you are riding a trend and remove the risk of this falling to 150 or whatever the irrational market dictates..... it's unlikely to go beyond 240 in a single day / few hours imo....I mean 240 seems a long way off from here does it not... I am just so disappointed that I held on update and lost months of investment time.... harsh lesson but after selling last week (most) I am not tempted by these until a clear uptrend emerges but the chart tells me that there's more downside than up at moment

[taurusthebear] 10/10/2017 01:18

Buffett got nothing wrong. He doesn't do technology and only invests where the the margin of error is minimal. You don't have to bet on every winning horse... :0)

[shabbadabbadoo2] 09/10/2017 23:33

I reckon the share price will bobble around about here for a while, then move up following the next figures report (when is that?).

[kuss1] 09/10/2017 21:48

Amazon was on a p/e of 3000 with 2% margins. Who would invest. Warren Buffet wouldn't touch it as it didn't conform. But it was the future and he got it badly wrong. Now Amazon is on a p/e less than 100. A few more years down the line it will be 25. The issue is one of growth and cash generation. With Boo it's that 80% growth with repeat customers and the global reach. Management upgraded by 20%. I'm expecting a fast move back up because you don't get 80% growth very often ... and certainly Boo isn't failing, far from it...

[cinoib] 09/10/2017 21:12

Hope you lot remember ASOS when it was on a p.e. of 300 and look where it is now, also ARM at 500 and now look sold for 24 thousand million so do't be to concerned about p.e when a profit making company is expanding fast in all areas as am sure the p.e. will shrink as growth turns to profit.

[greatgatsby] 09/10/2017 13:07

Low volume today despite the price drop. Could this signal that selling activity is slowing down?

[rathean] 09/10/2017 12:25

@shabba the affiliate model is a copy of ASOS in their early days, no concerns about paying for market share alongside increasing the size of their trawlers net through multiple brands. Share price overshot on the way up, Boo chart looking like many others reflecting general market sentiment. Will buy again if it drops south of 180s.

[fuji99] 09/10/2017 12:23

My understanding is the funds want to make sure no PI holds any shares.
One thing is for sure: Nothing goes up or down indefinitely ...
And there will time when this trend would end and this is pretty soon.

[pt725] 09/10/2017 12:14

If you look at the latest BDO monthly retail study , online was up 30% in September on LY, Boo always outperforms this. This could be a buying opportunity for the brave

[duke 28] 09/10/2017 12:07

You know absolutely nothing about boohoo. You should keep quiet

[joeall] 09/10/2017 12:07

Also I think (hope) their cosmetics range will do well for christmas.

[ny boy] 09/10/2017 12:04

Also I would waiting until this month is out of the way at least, maybe even until end of November, as the mostly likely time of a big correction in global indices, as there hasn't been. 5-10% correction for a very long time. I would be worried, as it will come and it could be quite brutal. Best trade with caution during these next few months.

I think only Phamacuticals & Banking stocks will be a safe haven, if there is a large correction.

[ny boy] 09/10/2017 11:58

Nasty looking head & shoulders quite clear on the long term chart in the header, one cannot ignore that, from a technical side the share price needs to regain control of 220p + to resume the rising trend line, I wouldn't touch it until then, as the chart has broken down quite badly.

[stewar06] 09/10/2017 11:52

I sold out just before results, in hindsight a realistic position to take.
It's been a fantastic ride up but getting concerned over the quality of the clothing. Lots of my kids friends are now moving on to ASOS (no position held from me in ASOS) my kids and their friends are talking about boo in past tense and moving on to ASOS as the next step.

[melody9999] 09/10/2017 08:29

shabba - or they have priced in higher margins allowing a greater marketing / promotional spend. boo are smart cookies and will test different strategies for different products and markets.

[cycle2] 09/10/2017 06:58

@Shabbadabbadoo: whether the shares Old Mutual are buying are coming from other institutional investors or not, having a large buyer (15% of all holdings = over 1 billion shares, up from 9% 2 years ago) is going to be a major support of price over the long term.

There are other pointers to institutional support too - the placement at 220p in June that raised £50m in a snap and the number of broker notes guiding above the current price, which institutions will follow.

As you imply, us retail investors rarely move price much on a share with a market cap the size it is. Therefore, examining what we know of institutional buying can be helpful I think, even though RNSs are very poor sources of information on this. The worst thing as a retail investor is to be on the wrong side of sustained big institutional moves but what we know so far is that this doesn't appear to be a sustained negative move for the long term. If Old Mutual's rate of acquiring shares had reduced or gone negative since results, I'd think otherwise.

BOO has had significant pullbacks before (e.g. 17.5% in May 2015) and still went on to be the stellar share it is today. I'm not denying that we're in for a tough couple of months as all those who bought higher will provide resistance to price increases. However, for long term holders it's still a blip.

[shabbadabbadoo2] 08/10/2017 23:10

BooMan at 20% on TopCashBack. That is a huge rate. I commented on here a while ago about TCB having Boo at 15%, and that resulted in the drop in the price after the results were published. They are paying a big price to get market share.

[shabbadabbadoo2] 08/10/2017 23:07

cycle2 - has it never occurred to you that the shares Old Mutual are buying will have been sold by other institutional investors? Some are buying. Some are selling. More are selling than are buying recently, that's why the price has dropped.

[cycle2] 08/10/2017 20:09

One thing that easily gets forgotten here, particularly during pullbacks like the one we've seen, is that (as @Manics alluded to in an earlier post) institutions continue to be very keen on this share. Institutional investors are savvy - they won't prop up the price if it's falling (as we saw after results) but they'll start to accumulate more aggressively once it has fallen if they believe the investment case is solid. That's what we're seeing here.

I've just put together a quick spreadsheet looking at Old Mutual's disclosures of Major Interest in Shares for BOO. If you work out the number of days between disclosures and divide the percentage increase by the number of days, you get a (very rough) approximation of how quickly they are buying.

Between October 2015 and Feb 2016, Old Mutual were increasing their holding in BOO at 0.01% per day.
For a short period between the next RNSs (Feb to Mar 2016), Old Mutual increased their holding at 0.02% per day.
Then it gradually settled down and during the first half of this year dropped to 0.004% (to August) and 0.0008% (to Sept 20, though this will be depressed slightly by the new shares issued in the placing.)
The latest RNS (2nd October) shows a big jump up again to 0.0125% per day - a rate which we haven't seen since early 2016 when the price was around 40p!

In other words, we have a major institution hoovering up the shares, probably around the 200p mark. Institutions try very hard to not reveal their hand to the market.
Of course, these calculations are crude and they could change their mind at any point.

I'm encouraged by that and, along with the fantastic fundamental reasons for owning this stock, this gives me another one to add.