Boohoo Share Discussion Threads

[adejuk] 25/4/2018 11:58

and that is a lovely cup

[adejuk] 25/4/2018 11:58

it's bounced off 180 4 times - up and down recently.
shouldn't take much to push through in the next few days and then it should be on and up

[maverick82] 25/4/2018 11:58

Feature on BBC news business section regarding BooHoo - more good coverage

[adejuk] 25/4/2018 11:49

i wouldn't rely on any analyst opinions even if it is re-assuring to have the majority saying overweight or buy

[s25ava] 25/4/2018 11:37

Holders like us prevailing .....hold the faith guys!!

[newkid] 25/4/2018 11:37

Well done to holders. I have been so busy over the last few weeks not kept up with Boohoo so was out when the results come in. Had an order in at 140p just in case.

[gregpeck7] 25/4/2018 11:20

These online only 'fast' fashion outlets are basically where it's all going... could someone like next look to take this over?

[algorithmicx] 25/4/2018 11:11

Next leg coming....

[algorithmicx] 25/4/2018 11:08

(Bloomberg) -- Boohoo.com Plc shares went some way to making up the ground they had lost this year after full-year results came in well ahead of analysts’ estimates.

A gain of as much as 18 percent was the steepest since June 2017, reducing the stock’s year-to-date decline to about 4 percent. Before today, Boohoo had fallen 18 percent in 2018 on concerns the online fashion seller wouldn’t be able to sustain its growth and as a slew of European retailers reported weak sales.

Jefferies and Liberum both said the company’s guidance for more growth at healthy margins should reassure the skeptics. One of those for whom doubts remain is RBC, which maintained its bearish view on Boohoo’s ability to continue growing at its current pace.


Jefferies, Niraj Amin
(Buy, PT 280p)
Results showing 97% growth in sales, a 60% rise in adjusted Ebitda and an Ebitda margin of 9.8% were “impressive,” with the margin ahead of the 9.4% that had been expected.

“We believe the outlook for Boohoo is more encouraging than consensus and valuation currently presumes,” Amin says, given co.’s forecast for 35-40% sales growth in the 2019 financial year on a “healthy” adjusted Ebitda margin of 9-10%.

Morgan Stanley, Andrea Ferraz
(Equal-weight, PT 200p)

Boohoo has historically been “very conservative” with its guidance, so the firm pointing to further growth ahead will be taken well.

In particular, the margin guidance will please investors given concerns about the scalability and sustainability of its margins.

Liberum, Wayne Brown
(Buy, PT 200p)

In addition to a near-doubling in revenue and earnings beating consensus, net cash was also “materially ahead.”

Some may call into question the relatively high customer churn rates Boohoo has, but Brown says the company has shown a “strong efficiency” in its marketing spend in order to allay concerns about future investments weighing on margins.

Shore Capital, Greg Lawless and Clive Black
(Hold, fair value estimate 154p)

Star performer was the PrettyLittleThing brand, where revenue rose 228% year-on-year.

Shares look “fairly valued” right now and while the results were strong, Lawless and Black see few short-term catalysts to drive earnings upgrades.

Barclays, Andrew Ross
(Overweight, PT 225p)

“Investors had been understandably nervous” ahead of Boohoo’s results given questions about balancing growth with margins, but these results should “to some degree reassure.” Margins were a little better and 2019 guidance underpins consensus.

The numbers were “never going to be enough to fully convince the bears, who can push their case sideways,” but they do represent a ”step on the road.”

RBC, Sherri Malek
(Underperform, PT 125p)

While adjusted earnings beat expectations, the performance of Boohoo’s brands was mixed. PrettyLittleThing sales were 8% ahead of consensus, but the Boohoo brand was 1% behind and Nasty Gal missed by 7%.

The recent de-rating of Boohoo shares to bring them more in line with rivals like Asos and Zalando is justified, Malek says. Current higher levels of growth that Boohoo is reporting are not sustainable and longer term growth prospects are “less attractive” than peers.

©2018 Bloomberg L.P.

[rochdae] 25/4/2018 11:07

Next trading update early June. If Boo start their upgrades again as in previous years this is going to motor. Remember the golden rule ... sell failure, buy success. The problem with shorting Boo is that you're shorting success, which is nuts.

[gregpeck7] 25/4/2018 10:57

Opened up a position. Looks ready to really be a global player now and could easily be snapped up... previous highs will be tested again imo very soon.

[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