Boohoo Share Discussion Threads

[cinoib] 12/1/2018 21:43

mauricemonkey,
well as this sinks, again ntog is flying high am a grand up in days, can't say that about boo of late.

[mauricemonkey] 12/1/2018 18:48

Bought in at 26.9p
Last top up before results at 1.81.

You can do the hokey cokey all you want, trying to scalp 5% here and there. I bet there was a lot of nervous scalpers when the price refused to budge - it only fell because a director dumped 8 million shares into strong buying pressure so you got lucky.

As for "this can only go up"...

Revenue is likely to be around £550m.
So @ 9.5% margin profit is around 52.5m
Current Market cap £2.2Bn

P/E of 40

Another 100% increase next year P/E of 20.
Even if they only manage 50% that a P/E of 30

There's companies growing at 10% with PEs over 30.

[davr0s] 12/1/2018 18:43

You can lol all you want but when a share goes down on volume you are trying to trade into a headwind. On average you will lose so good luck if you think you can beat probabilities!

[mauricemonkey] 12/1/2018 18:34

Lol, the followers of people like Minervini have started creating self fulfilling prophecies all following each other in and out like sheep.

[tcarter66208] 12/1/2018 18:30

Can't wait to get out of this when I get the price i want it. Traders playground.

[davr0s] 12/1/2018 18:27

Posted months ago that this share is under distribution - completely ignored. You guys thinking this can only go up need to read O'Neil, Minervini... and still people buying the dip. Lol

[mauricemonkey] 12/1/2018 18:09

Oh well, it's only money - I was right though, someone was offloading significant numbers of shares yesterday.

[jamesto2] 12/1/2018 17:39

Wished I sold this week when it was 2.15p? Now looks to be heading down to 1.65p/1.70p level

[gswredland] 12/1/2018 17:08

Yep!i am hoping it can get back to 170 level and load up

[kuss1] 12/1/2018 17:00

Ha... you can't expect anything in the markets otherwise it would be easy money. And there is no such thing as easy money. Boo delivering is all I care about. The share price will follow...

[tickler] 12/1/2018 16:48

We will all sell our shares when we have made enough money.

[mike142] 12/1/2018 16:47

So is that it, have all the shares now been sold, with obviously more this afternoon. Does anybody have access to this information? Can we now expect a steady rise from Monday with no other nasty events?

[kuss1] 12/1/2018 16:43

People buy and sell.

[kuss1] 12/1/2018 16:42

90 growth and accelerating. That's all I care about.

[shabbadabbadoo2] 12/1/2018 16:41

He probably sold following the results to avoid any suspicion of insider dealing.

The other point to note is that he can now sell o.97% of his holding (about 8 million shares) without any notification. I found it odd to stop at 5.98%.

[borg45] 12/1/2018 16:29

If boohoo continues in this vein they will become takeover material

[cheek212] 12/1/2018 16:25

Can I just point out that he is not a a director so this is not a Directors sell - he just happens to be a relative of the founder and used to be a director a few years ago, and then a NED until April last year. As such, he can buy and sell shares whenever he likes as he is not subject to price sensitive info rules and regs and as such should be no more privy to inside info as you or I. Other than MMs and shorters making the most of panicky PIs, I see no reason as to why people are getting stressed out about it. It's no different to an II with a large holding deciding to sell a few - has no bearing on the business.

[greatgatsby] 12/1/2018 16:15

Not suggesting he can't, but I would love to know how urgent it was because he will have been aware of the impact of Carol Kane's dump in results. Unless it was for urgent funds, it shows little regard for shareholders

[american idiot] 12/1/2018 16:10

Probably wants to buy a new house or something + settle CGT Liabilities.

Good on him.

Directors and their relatives can sell shares as well as buy them :p

[greatgatsby] 12/1/2018 16:09

Whilst I fully understand that a director can sell whenever he wants to, am I wrong in feeling that this is a bit of a kick in the teeth for loyal long term holders after having seen what impact a directors sell on results last had? Long term holders like myself have been desperately awaiting these results to hopefully get back on track after Carole Kane's sale, the timing of this just seems disrespectful. Maybe I'm being too subjective.

[paleje] 12/1/2018 16:05

It was a relatively small reduction to be fair, he might just need cash for something.

[bookbroker] 12/1/2018 16:03

This will probably turn out to be some Ponzi scheme like Accrol, just waiting for the penny to drop!

[thorpyuk] 12/1/2018 15:59

Another director sell... watch the share price tank to 170 now :(

[paleje] 12/1/2018 15:58

Cheers Tickler


CORRECT: Boohoo.com Founder Kamani Sibling Cuts Stake To 6% (ALLISS)
Fri, 12th Jan 2018 15:28

(Correcting Kamani's shareholding prior to the transaction, representing a holding reduction)

LONDON (Alliance News) - Boohoo.com PLC said Friday that Jalaludin Abdullah Kamani cut his stake in the company to 6% after a transaction on Thursday as the online fashion retailer reported record Christmas results.

Kamani - the brother of boohoo Co-Founder & Co-Chief Executive Officer Mahmud Kamani - held 68.8 million shares in the AIM-listed firm after the transaction. With 1.15 billion shares outstanding, Jalaludin Kamani's holding is equivalent to a 5.98% stake in the firm.

As of April 18, 2017 - reported in boohoo's 2017 annual report - Kamani held 76.5 million shares equivalent to a 6.81% stake in the firm.

On Thursday, boohoo raised its annual revenue guidance following a record sales performance in the last four months of 2017, which includes the Christmas trading period. Boohoo reported revenue for the period doubled across all geographies to GBP228.2 million from GBP114.3 million. It now expects full-year revenue growth of 90% for the full year ending February.

Shares in boohoo were 2.9% lower at 185.85 pence on Friday.

By Ahren Lester; [e-mail].

Copyright 2018 Alliance News Limited. All Rights Reserved.

[tickler] 12/1/2018 15:48

It has been clarified, he has reduced his holding.