Boohoo Share Discussion Threads

[american idiot] 11/10/2017 09:56

The BB has gone quiet. Thats a definate sign of a bounce.

[american idiot] 11/10/2017 09:09

There appears a LOT of support at 190p. (1.6m traded around there this morning)

Bounce time ?

[albanyvillas] 10/10/2017 17:57

140p auto support

[pt725] 10/10/2017 17:52

There were some huge sells today, someone in unloading. I hope the seller is cleared

[toffeeman] 10/10/2017 15:52

I had a 5+bagger now I have a 4 bagger - I remain happy

[qazwsxedc69] 10/10/2017 15:50

Mr_Spock - like you I am relaxed at this falling, but I guess it is easier for that to be the case when my average was in the low 20s and I top sliced enough to be free-riding!

I suspect that the traders have been burnt here, but I don't see any reason why anyone in it for the medium to long haul should have anything to worry about.

[hootza616] 10/10/2017 15:48

I like this stock, it has potential to go much further and the management know what they are doing.
To get into the big online retailer league you have to invest massive amounts in the IT infrastructure to keep up with demand. Making provisions for this, knowing your growth is going to be so fast, is exactly the right thing to do.
Any business that prioritises their continued customers experience before thier shareholders profits is doing the right thing in my book.
Online Xmas sales will rocket this year and if they get through it with good reviews then the share price will naturally follow the sales growth.

[mr_spock] 10/10/2017 15:46

There is nothing wrong with BOO. All they did was invest some of the margin in promoting the new brands - PLT, BoohooMan and Nasty Gal. They are all pretty much new brands and need investment.
But the valuation got a little ahead of itself. An upgrade in revenue growth (now expected to be around 80%, up from previous guidance of around 60%) was not enough for some people, and there were sellers. Traders jumped out. I expect the share price to wander around this level until late Nov, when buyers will start to come in in anticipation of the results in Jan.
I don't think I've ever been so relaxed at seeing one of my share prices falling, as I expect a doubling of the share price from here over the next few years. Good management, stupendous growth. Good luck all.

[che7win] 10/10/2017 15:26

I think 120p is still very highly rated, but anything under 150p becomes interesting.

[right honorable lord lucan] 10/10/2017 15:22

hootza.. that's very optimistic of you but why will this touch 220p by xmas? Just curious mystic meg

[rackers1] 10/10/2017 15:21

i think youll need it short term

[hootza616] 10/10/2017 14:56

Well its obviously going to recover to 220 by xmas and double by xmas next year,so I am back in big at 188. Wish me luck!

[tickler] 10/10/2017 14:44

Take a look at the Asos 10 year chart, that had many big drops in share price, but each time recovered to new highs.

[hootza616] 10/10/2017 14:42

Another 6% down so far today!
It could not be doing any more the opposite to what it should be!
Big investors would only be selling off this stock for a good reason, and there simply is not one, which makes me very worried!
What is it that we don't know?

[airs999] 10/10/2017 14:29

Can’t see 150p but I’ll buy big anywhere between 150-170p

[commander t] 10/10/2017 14:27

The move isn't over, we're somewhere in it. A 50% drop from 260p could mean a low of 130p, that would create bargain conditions down there. I don't think we have reached capitulation yet. Oh dont forget the 30 year aniversary to 1987 black monday. Perhaps this could be one the canaries in the coal mine, like FEVR that are a prelude to it.

[pt725] 10/10/2017 14:23

There are more sells than buys today so that may have some eff3ct, I have seen this with Boo before and I have seen it turnaround before in the day

[rickyvee] 10/10/2017 14:21

Paul Scott will get his buy-in price of 150p

[cycle2] 10/10/2017 14:19

@CommanderT: In 2015 it actually dropped > 50% and that was on a profit warning. I would argue that this isn't the same at all. Here we have an incredibly positive report (what other company is upgrading from 60 to 80% growth with plenty more to come?) and an increasingly attractive PEG ratio. At some point big money will pick up interest in the value proposition. Just wish I had 'big money' to pour in right now!

[pt725] 10/10/2017 14:19

The traders are taking it through stops as there will be an institutional investor accumulating . I bet within the next week you will see a holdings RNS.

[dsmith57] 10/10/2017 14:09

Unbelievable! But why?

[monnow] 10/10/2017 14:07

Supassapi : Sorry nothing personal, I thought you were selling at a loss.( misunderstood )
Has Charlie Munger said about the tightrope walker
"real knowledge is knowing the extent of ones ignorance", " Knowing what you don't know is more useful than being brilliant "if you buy and sell on the whipsaw of the market you're gonna loose. Buy and sell when your happy not when the market scares you.