Boohoo Share Discussion Threads

[kuss1] 04/2/2018 16:17

Yes, markin,

Boo sell good stuff, cheaply with a great service.

Those stats on social media are interesting. Boo, NG and PLT all going up rapidly. No sign of a decline post Xmas.

Shorts are non-existent with Boo or for that matter with Asc. The market tends to stay away from stuff with a large international dimension. Also, a lot of the city types know nothing about fashion, so it's a very dangerous game.

Can Boo make serious inroads into the US and the EU. Their model of rapid fashion response and social media promotion plus great logistics suggests maybe they can.

I find the velocity of sales interesting. Think PLT with get to 200 million in revenue come end feb from 4-5 million a month last year. NG has gone from 0 to 20 million in 10 months. Quite astounding really and hard to find anything similar.

Dow is looking a bit sick though. But it's a temperamental beast. Still up on the start of the year. And it can rebound just a quick.

Anyway, see what the week brings. I'm hoping for an update come end of Feb.

[toffeeman] 03/2/2018 22:49

Mark - you are not Boo's target market. So how wonderful you are purchasing I hope others over 25 follow suit(sic).

One of the ways ASOS has grown is by broadening its customer base and defying the perfidy of segmentation let's hope Boo Hoo-do-too (just not for overweight 60+ers :))

[pt725] 02/2/2018 20:34

PLT seems to have dropped girls , not on website

[kuss1] 02/2/2018 19:11

Not really any shorts to speak of, apart from NT.

Interesting statistics on social media. PLT growing 3 times the rate of Boo. NG starting to motor.

Boohoo, upgraded to 90% growth, but you can always add another 5% as Boo are cautious. So we're looking at 95% as a minimum imo. 50% last year.

I try but I can't see those metrics as a short..

[tickler] 02/2/2018 16:13

Are there any short positions on this stock?

[thorpyuk] 02/2/2018 15:53

Yep, just a case of holding until the shorters clear their shorts over the coming fortnight, and the rampers start buying in hard. Should shoot up quick anytime soon

[kuss1] 01/2/2018 22:10

NT isn't a great investor, he's a very good gambler. He plays the odds. Also, he started in the tech bubble and is still influenced by hyped shares etc.. The markets are a bit more volatile so short the ones with high expectations. To be fair, it is a reasonable bet. But he doesn't know Boo that well. To state that Asos may buy Boo is very unlikely.

Anyway, Boo is tightly priced, but they are beating expectations. So I remain a fan until that changes...

[joeall] 01/2/2018 20:38

I,think at his seminar a lot of his pupils didn't agree with him shorting?

[kuss1] 01/2/2018 18:20

I've got a lot of time for NT. But Boo has 3 brands not one or two. The high rating discussion has gone on for ages on here. I don't see a lot of substance in the short. Probably just playing the market moves/sentiment.

[joeall] 01/2/2018 18:11

Just stating,take what you like from it, the NT.is shorting BOO.

[rathean] 01/2/2018 16:52

BOO rated a buy on Motley Fool. Concerns over slowdown in growth of the BOO brand more than made up for in exponential growth of PLT that has higher margins and strong start of NG.

[albert3591] 01/2/2018 13:19

Because the news that is already known by the favoured few is not public knowledge yet.

[hootza616] 01/2/2018 12:44

All I see is good news, massive growth, huge forecasts and high broker expectations.
So why is the share price still down here?

[kuss1] 31/1/2018 16:49

Also if we get to revenue of 600 million end of Feb then it's actually only 60% growth the following year to hit 1 billion. That will be a 40% decline on this year's growth. Who knows...?

[kuss1] 31/1/2018 16:21

Thanks thorpyuk,

I agree with a lot you have said. 1 billion next year is optimistic. But I think Boo is rather an unknown quantity. NG is growing at 100% every 12 weeks at the moment. Boo branded growth will decline but it's still a healthy 30% this year. Remember these growth rates are all compounded... So I'm optimistic but also realistic.

Boo always understate and over-deliver as you say. So I fully expect 100% revenue growth to the end of Feb. 4 times the growth of Asos and twice the margins as I keep saying.

Will the brands get tired, who knows. But Boo are masters of the social media, design and sourcing. Get the logistics right and who knows where this will get to. Still less than 1% of the UK market never-mind the bigger markets of the US and EU etc..

[thorpyuk] 31/1/2018 16:03

Kuss/telbap, i myself am a big fan of Boohoo, and i hold shares long-term and will continue to hold until they are worth £5/share, hopefully in the not-too-distant future! However, that article quotes £1bn revenue next year, and even with my boohoo-rose-tinted glasses on, that is a bit optimistic to say the least. Growth from the core Boohoo brand is now beginning to slow down, although i still expect it to outperform the market. So assuming a blended 20% revenue growth for next year which i think is reasonable give us around £450m (vs c£375m this year). PLT is obviously a bit of an unknown quantity, but what is for certain is that as the numbers increase rapidly, the % increase will decline - it has to. So if i take a reasonable estimate of 100% growth for next year for PLT, this gives us c£355m revenue from them. NG, if i assume also a conservative 100% growth, would generate around 50m. This gives group revenue of c£850m for next year - quite some distance from £1bn on what i think are reasonable assumptions. To achieve £1bn revenue, Boohoo brand would have to achieve c30% growth, PLT c150% and Nasty Gal £70m or c188% growth. Don't get me wrong, i'd love to see £1bn of revenue, but that would have to be an exceptionally good year. As we all know, Boohoo are always conservative with revenue forecasts, so i expect to see a forecast of around £800m (boohoo 15%, PLT 80%, NG 100%). EBITDA guidance will be interesting - i just hope it's not lower than 9%! Hopefully they will have been able to get the new warehouse automated ahead of schedule so some benefit will be realised in the next financial year. However it pans out, and however this year finishes up, i'm dead excited to see how they continue to take the business to be the global powerhouse we all know it can be.

[telbap] 31/1/2018 13:09

Again, I belive we will pass asos mcap by end of 19.Even if boo growth slows down, plt and ng are flying......also look at our cash position....why do you think they are building such a war chest of cash........if we get thru 2018 without at least the starting of another buyout I will be surprised. The BOD have realised to get yoy growth going into 3 figures you need to acquire new blood.

[telbap] 31/1/2018 13:05

Plt.....deramper.We have 11 months growth in 18 and 12 months growth in 19.We will hit 1bln group T/O in '18 and who knows what by end of 19, I have my own thoughts based on current trends.Kuss......turnover. v. Profit ....boo group margin almost 10%Asos. ......double turnover but only 50% of our margin.

[kuss1] 31/1/2018 11:30

Also PLT only contributed 11 million to revenue Jan-Feb last year. It made 74 million Sept-Dec, some 20 million per month almost. Quite astounding growth figures...

Note also NG picking up steam on google trends, especially in the States. NG at its peak used to generate nearly 300 million in revenue... Makes you think...

[kuss1] 31/1/2018 11:20

Boo group grew 50% last year. No-one expected it to grow 100% this year, which looks likely. Growth is accelerating..

Boo was nearly times 3 bigger than PLT for the last 10 months but only times 2 bigger than PLT for the 4 months too end Dec. Catching up rapidly.

Growth of Boo brand is running at 34%. Actually ahead of target.

[pt725] 31/1/2018 10:29

The seeking alpha report sales forecast next year is far too high.1 billion.The idea that Boohoo will grow by 73% next year is ridiculous.Boo brand has slowed down to 25% PLT like for likes get harder and NG not moving yet.He also states that PLT could be bigger than Boo.Poor analysis.PLT does not do men's , only girls and has a much smaller target market.

[albert3591] 31/1/2018 09:30

Back down to 1.84 just for those who get the wink.Then up again for a few pence more gain,gotta love em.

[kuss1] 31/1/2018 08:44

Except that Asos have 2 billion revenue...

But Boo growing much faster and with twice the margins. So a better investment I would have thought...