Boohoo Share Discussion Threads

[losses] 25/4/2018 10:52

Good move.. I just added more st 174...Now in with 200k average around 170+

[lewiscarey] 25/4/2018 10:24

Yea, I think I might after the long wait for some good news! Nice to see blue numbers!

[typo56] 25/4/2018 10:24

Was that consensus broker forecast of 2.78p for 'adjusted' EPS though? Non adjusted came in at 2.71p today.

[losses] 25/4/2018 10:20

I'd say wait for 200 over next few days

[algorithmicx] 25/4/2018 10:16

Expect the next leg up after the call is finished....

[lewiscarey] 25/4/2018 10:15

Had a "screw it" moment last night and spread bet this at £30 per point. Then there was talk of hitting 120's and I was papping it a bit. Now up £500 or so I'm wondering if I should cut and run or hold it some more..... Greedy sod!

[losses] 25/4/2018 10:10

Added more just now at 174

[algorithmicx] 25/4/2018 10:09

"churn rate approaching best in class"

[algorithmicx] 25/4/2018 09:57

LIVE WEBCAST

[mauricemonkey] 25/4/2018 09:53

Could just be catching its breath.
A lot of trading yet to be done today and the rest of the week

[villarich] 25/4/2018 09:52

I think 200 for today was ambitious - that would have been a near 30% rise. I can see 200 over the next few days / weeks though. I think Paul Scott has this spot on

[telbap] 25/4/2018 09:48

Well looks like 175 will be the level for the day. Dissappointing as I was hoping we would test 200p today.....shows to go ya...mr. market don't love boohoo

[glawsiain] 25/4/2018 09:32

Paul scott has commented:

"Today's results are sparkling, and look well ahead of market expectations.

Adjusted diluted EPS came in at 3.23p, well ahead of forecast of 2.78p

There's a broker update note on Research Tree, which confirms the out-performance. It also raises its current year forecast by 12% to 3.68p.

Given that the company has a history of beating forecasts, sometimes by a lot, then I imagine the out-turn for this year (ending 02/2019) would probably be nearer 4.0p EPS.

If I'm right about 4.0p EPS for this year, then at the current price of c.177p, the PER is 44.3 - expensive by normal standards, but cheap for a rapidly-growing, decently profitable eCommerce company. It's cheaper than Asos (where I have a short position), which doesn't make any sense to me - given that BOO is growing faster, cash generative, and makes a much higher EBIT margin than Asos."

[algorithmicx] 25/4/2018 09:32

boohoo.com (BOO LN)
11% beat vs FY18 expectations + positive forward guidance - BUY
Feb18 PBT has smashed expectations by 11% highlighting another big year of progress despite tough UK conditions. Now
with 2 additional, earlier stage, brands PrettyLittleThing/Nasty Gal poised to deliver substantial life-cycle growth and
EBITDA margin improvement, the potential remains significant, and the outlook statement/guidance is positive. A
brand’s success depends on being on-trend, relevant, and engaging and FY18 demonstrates this in abundance. But
communication around pricing/margin, and blended group EBITDA margin (even though mostly a function of mix) was
clearly needed to address pockets of concern in the market. Today’s update should resolve this with guidance of a 9-
10% EBITDA margin in FY19 (despite further mix dilution) and c10% going forward. The stock has been unduly hit in recent
months and, with forecast risk to the upside, we urge investors to buy before the shares recover.

[adejuk] 25/4/2018 09:25

steel balls and/or a lot of other peeps money.

[adejuk] 25/4/2018 09:21

wwell, this shorter has steel balls.
he's having a go.

[mrx001] 25/4/2018 09:19

I keep hearing the old chestnut about the operating margin slipping (which is marginally true), but ASOS has an operating margin of 3.79% versus BOO's 8.43%. The argument doesn't hold much substance when viewed against this comparitive. :o)

[jimmyhoffa262] 25/4/2018 09:16

Will see this over 200 in the next few trading sessions

[kuss1] 25/4/2018 09:16

They beat on margins 9.8. In fact they beat on everything. The market knows how difficult it is to grow 100 percent per year for a large company. In the end it's the facts that count not speculation. Boo becoming a global player.

[gregpeck7] 25/4/2018 09:14

Brilliant results. Would not want to be short. Huge gamble. Amazon or alike could just buy them out...

[mauricemonkey] 25/4/2018 09:12

If the shorters want to go for it again, sure.

On the plus side for the shorters;
People have recent memory of this being successfully shorted, the share might be vulnerable to downward pressure if they can get it to move a little bit, people might get scared of a share price tank and sell.

On the down side for the shorters;
A lot of stock was already on borrow. Are they going to risk borrowing a load more just to get back to where they were. They then need to buy back, in the open market, even more stock to cover the two lots of shorting.

If they manage to short it back to the 150s and then exit successfully at a profit from here, then I guess all you can do is applaud their skill.

[broadwood] 25/4/2018 09:10

Boohoo shares soar as sales nearly double after "exceptional performance" from PrettyLittleThing


There may be ongoing high street pain for a number of retailers, but online troubles are few and far between for fashion chain Boohoo.
It hailed "an exceptional performance" from PrettyLittleThing, which it has been integrating into the Boohoo group, while its acquisition of US fashion label Nasty Gal exceeded estimates in its first year.
That news sent shares soaring by nearly 13 per cent in early trading.


The online retailer reported today that it had nearly doubled sales for the year ended 28 February 2018, up 97 per cent to £579.8m from the £294.6m reported in 2017.
Profit before tax was up by 40 per cent too, from £30.9m to £43.3m.
It was boosted by a particularly strong showing from PrettyLittleThing, with revenue of £181.3m - more than doubling the figure from the 12-month period before.
Boohoo now has 6.4m active customers, a 22 per cent rise on this time last year, with PrettyLittleThing now serving 3m. The latter has reported growth of 128 per cent.


Here's what the City expects from Boohoo's results
Why it's interesting
Boohoo took a 66 per cent stake in PrettyLittleThing, founded by the son of Boohoo boss Mahmud Kamani, at the end of 2016 and is currently its biggest driver of growth.
That brand will be moved into its own warehouse in the first half of the 2019 financial year, which Boohoo said will bring "incremental sales capacity" and will help underpin its infrastructure needs, adding further operational flexibility for the group.
Boohoo is eyeing developing a distribution network capable of generating £3bn of net sales globally, as it takes aim at rivals like Asos and seeks to lead the fashion ecommerce market.

What the company said:
Mahmud Kamani and Carol Kane, joint chief executives, said:
Against a backdrop of difficult trading in the UK clothing sector, the group continued to perform well, gaining market share in the expanding online sector. Our international business showed higher growth rates and we are pleased with its gathering momentum.
International expansion will continue as we add more country-specific websites, refine our brands' customer proposition and raise brand awareness through marketing and social media. Our extended distribution centre, which will have a significant element of automation to drive efficiency savings, is scheduled for operational use in early 2019.

Looking ahead, they said group revenue growth for the next financial year is expected to be 35 per cent to 40 per cent, with adjusted earnings before interest, tax, depreciation and amortisation margin between nine and 10 per cent, with capital expenditure of £50m to £60m.

[lordaspers] 25/4/2018 08:58

Good results folks, very good. But we have been here before. A la last update, and the share price tanked. Too many analysts negative on the margin slip. How many analysts have tried to grow a business, think it happens for free? Fingers crossed for the coming week...

[adejuk] 25/4/2018 08:48

this is a vey ambitious company and prepared to invest for growth.
think amazon asos etc.
v content and wish i could afford more