Boohoo Share Discussion Threads

[g9791] 30/5/2018 10:18

Christh, can you confirm or deny you are in fact an Autobot? Or even worse, a Decepticon? Autobots, transform and roll out!

[discojames] 30/5/2018 09:53

I think you may be talking to a bot

[g9791] 30/5/2018 09:47

Christh, indeed I shall. But, do your charts have any predictions what the share price will be by then?

[christh] 30/5/2018 09:39

G9791,
Mark this date in your calendar
--------------------------------
12 Jun 2018 Trading Update

[christh] 30/5/2018 09:32

G9791
It is a months old but this is to empasize that nothing has changed.
Although the share price drifts lower and higher the facts remain.

The company is increasing its revenue, tha balance sheet is getting stronger and stronger,more sales, expanding.

This is what matters, the growth and the future.

[g9791] 30/5/2018 09:14

Opodio, this forum is about Boohoo. What relevance is FOOT?

[g9791] 30/5/2018 09:13

Christh, why are you putting on something that is over a month old? I am pretty sure everyone with interest in Boohoo knows about that. I would prefer you to engage with your 'hope chart' and tell us exactly what is going to happen.

[opodio] 30/5/2018 09:08

Online salesat FOOT going nuts, would be nice to see these at 260p soon

see FOOT chart

[christh] 30/5/2018 08:59

Boohoo online fashion chain sees sales and profits surge
25 April 2018

Online fashion firm Boohoo has reported strong full-year sales and profits.

The group saw a 97% leap in revenue to £579.8m in the year to March, as pre-tax profit rose 40% to £43.3m.

Growth was helped by the recently acquired Pretty Little Thing, which experienced a 228% rise in sales to £181.3m.

Bosses Mahmud Kamani and Carol Kane said the results had been achieved against the "backdrop of difficult trading in the UK clothing sector".
'Gathering momentum'

They added: "Revenue from Boohoo continued to grow strongly, whilst there has been an exceptional performance from Pretty Little Thing, and Nasty Gal exceeded our estimates in its first year.

"Our international business showed higher growth rates and we are pleased with its gathering momentum."

The firm said Boohoo now has 6.4 million active customers, up 22% on last year.

Shares in Boohoo were up 14.5% in morning trade in London.

The Manchester-based company has seen sales and its share price soar in recent years, as younger customers have been won over by its relatively low prices on up-to-date fashion.

Boohoo's business model, known as "test and repeat", is built around market-testing a wide range of items on its site. The ones that prove popular are then reordered

[g9791] 30/5/2018 08:51

Christh, yesterday you had a chart which told you what the share price would do, today you are relying on hope!

[christh] 30/5/2018 08:47

yesterday was a struggle for AIM stocks.
Today seems they look to climb higher

I do hope we'll hit 210p today.
The new ventures will definetely create a new stream of revenue higher than
last year's and pushed the share price to 300p sooner than you think.

I expect more upgrades from brokers and revision of higher estimates for the year

[christh] 30/5/2018 08:21

DRINK IT IN Pepsi has launched an arty sportswear collection with Boohoo… and prices start at just £12

Online retailers Boohoo and BoohooMAN have teamed up with the beverage brand to launch an artwork-inspired range

[christh] 30/5/2018 08:19

Boohoo.com: a hot growth stock I’d buy today and hold forever

Investment paying off
------------------------------------------------
Unlike M&S, Boohoo.com (LSE: BOO) has had no such problems, thanks to its already-robust position in the critical online marketplace. And this was underlined in recent trading numbers.

The AIM-quoted business advised in April that group revenues almost doubled during the 12 months to March to £579.8m, a result that propelled adjusted pre-tax profit 60% higher to £51m. The number of active customers at its core boohoo.com website increased 22% to 6.4m, underlining the massive impact the investment in its online platform has had.

But arguably its PrettyLittleThing division — a unit it acquired back in 2016 — stole the headlines. Customer numbers here leapt 128% in fiscal 2018 to 3m active users.

C0-chief executives Mahmud Kamani and Carol Kane lauded the results, commenting: “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.” And Boohoo.com has plenty of financial strength to continue investment in its brands as well as behind the scenes to keep sales rampaging higher. Net cash ballooned to £133m as of March from £54.8m a year earlier.

Kamani and Kane continued that “we believe that the benefits of our investments in marketing and warehouse automation will generate economies of scale to allow us to drive sales growth of at least 25%.” The business is expecting revenue growth of 35%-40% during the 12 months to March 2019.
Global superstar

Reassuringly for nervous investors, Boohoo.com’s tentacles are not restricted to just the UK, with its vast international presence providing some protection from the impact of declining consumer spending power in its core marketplace.

And the business is picking up momentum in these overseas territories. International sales leapt 364% last year and, given its relatively low market penetration abroad, it has plenty of business left to win. It’s planning a series of measures including the introduction of more country-specific websites to drive sales from foreign customers too.

City analysts are expecting the online giant to continue building earnings at a rapid rate and advances of 14% and 26% are forecast for fiscal 2019 and 2020, respectively.

Now Boohoo.com may be expensive, with the firm carrying a forward P/E ratio of 54.8 times. But this is a small price to pay given the rapid progress it’s making all over the world. I expect the business to prove an excellent stock to buy in the years to come.

[christh] 30/5/2018 08:12

Why I believe the Boohoo share price could double in the next decade
Alan Oscroft | Tuesday, 29th May, 2018

[lewiscarey] 29/5/2018 19:10

Sweet! I just sold my house on the basis of that!

[discojames] 29/5/2018 18:39

Interesting chart showing likely position of the share price for the next two days

hxxp://prntscr.com/jo6dv0

[discojames] 29/5/2018 18:23

Villarich, thanks I was already annoyed with his constant meaningless posts but good to hear everyone else thinks the same so will filter him out now

[rickyvee] 29/5/2018 17:28

Villarich, thanks for the reminder. I was meant to filter the Idi0t weeks ago.

[villarich] 29/5/2018 17:02

Disco, rickyvee - best to just stick him on filter. He talks absolute rubbish. He's been called out so many times about his 'analysis' and where he gets his target prices from but can never give sources or justify it. He's now resorting to lies about having charts that justifies his price estimates, when in fact all he does is guess. The day he posts anything other than a 3 month old news story or a price guess is the day Aston Villa win the Premier League.

[rickyvee] 29/5/2018 16:54

Christh talking the biggest load of b0llocks as usual

[discojames] 29/5/2018 16:39

Christh, what charts and indicators are you using?

[g9791] 29/5/2018 16:09

Christh, I think your chart may be wrong today unfortunately. 21 minutes to reverse.