Boohoo Share Discussion Threads

[christh] 30/11/2018 19:18

Hootza616
this where you are wrong!

The news are still current and very bullish.
The ceo is already working for Boohoo although officially not starting until March.

The revenue is only 2 months ago that they raised revenue guidance after a storming first half.
The revenue for the next 6 months reporting, is more of the same, higher maybe approaching £900mln (Liberum forecast £809mln).

[hootza616] 30/11/2018 17:22

All old news Christh! All factored in!You will be telling us it's Xmas soon!

[christh] 30/11/2018 16:33

Boohoo appoints new CEO in board reshuffle
17 September 2018By Emily Sutherland

Fast fashion retailer Boohoo Group has appointed Primark chief operating officer John Lyttle as its chief executive as part of a top-level reshuffle.

Lyttle will join the Manchester-based retailer, which also owns PrettyLittleThing and Nasty Gal, in March next year.

Incumbent joint CEO Mahmud Kamani will become group chief executive chairman, while fellow joint CEO Carol Kane will remain on the Boohoo board and take the title of executive director.

Kamani will focus on the business’s long-term strategic direction and Kane will lead the group’s multi-brand strategy.

In a statement, Boohoo Group said Lyttle’s remuneration package will be “heavily related to creating premium growth in shareholder value over the next five years”. It comprises an annual salary of £615,000, annual bonus of up to 150% of annual salary, pension of 5% of annual salary and a “growth share plan” related to the increase in market capitalisation of the company.

Lyttle said: “I have known Mahmud and Carol for a number of years and have watched the growth of the Boohoo Group with admiration. I am hugely excited to be joining the Group at this key stage of its growth and capitalising on what is a global opportunity.”

[christh] 30/11/2018 16:17

Questor: Buy Boohoo – after a shaky few months the fast fashion group is back on trend
ByJames Ashton
21 April 2018 • 9:56pm

[christh] 30/11/2018 16:16

ANY OF YOU REMEMBER THIS 8 WEEKS AGO
----------------------------------------------------------------------
Boohoo raises revenue guidance after a storming first half
08:52 26 Sep 2018
Most of the top-line growth was coming from the PrettyLittleThing and Nasty Gal operations


The number of PrettyLittleThing's active customers has doubled over the last year

The boohoo group PLC (LON:BOO) bandwagon powers on with the online fashion products flogger raising full-year revenue guidance after a strong first half.

Group revenue growth for the year to 28 February 2019 is expected to be 38% to 43%, up from boohoo’s previous guidance of 35% to 40%.

The adjusted underlying earnings (EBITDA) margin is expected to be between 9% and 10%.
READ: Boohoo's poaching of Primark COO signals awareness of internationalisation challenges ahead

The 6 months to August 31 saw the group deliver record sales and profits.

Revenue rose 50% to £395.3mln from £262.9mln the year before while adjusted profit before tax surged 43% to £35.8mln from £25.1mln.

Net cash at the end of the reporting period had risen to £155.6mln from £119.2mln the year before.

“All of our brands performed extremely well across all territories as we continue to gain market share. We achieved market-leading growth in all markets, with Rest of Europe and the USA being particularly pleasing. Growth in the UK, our largest market, remains very strong,” said Mahmud Kamani and Carol Kane, the joint chief executives of the company.

“We successfully executed a major relocation of the distribution centre for PrettyLittleThing, which represents a key milestone as we develop a distribution network capable of generating £3 billion of net sales globally, in line with our vision to lead the fashion eCommerce market. This relocation was carried out with a low level of disruption to the operations of PrettyLittleThing and is a credit to the project team. Our extended distribution centre in Burnley, which will have a significant element of automation to drive efficiency savings, is scheduled for operational use in 2019," they added.

No tears over @boohoo sales today living up to their lofty share valuation and up a third since my @DTquestor @telebusiness tip here: hxxps://t.co/29mzFonW2v
— James Ashton (@mrjamesashton) September 26, 2018

Broker Liberum said EBITDA was roughly 5% of expectations at £39.6mln, up 43% year-on-year.

“This has been driven by a revenue beat (+50% group growth vs. consensus +46%) and a group gross margin beat of 170bps [basis points – 100 bps equals one percentage point] at 55.3%, reflecting stronger sell-through, stock control and an improved customer proposition, despite obvious challenges from the PLT [PrettyLittleThing] warehouse move,” the broker said.

“We were already forecasting revenue growth at the top end of previous guidance, 40%, so we currently make no change to our forecasts for the FY [full year] and continue to expect group revenue of £809mln. At an EBITDA margin of 9.4% (within management’s guided range) we continue to expect adj EBITDA of £76.1mln. We do not expect any material change to consensus today,” Liberum said.

Shares in Boohoo were up 8.3% at 207.4p.

LINK
www.proactiveinvestors.co.uk/companies/news/205737/boohoo-raises-revenue-guidance-after-a-storming-first-half-205737.html

[christh] 30/11/2018 15:34

Losses 30 Nov '18 - 15:28 - 13899 of 13900
... will be back

hello Arnie!

[christh] 30/11/2018 15:29

Villarich
get a job with Boohoo

[losses] 30/11/2018 15:28

Got stopped out.. didn't want the profit to evaporate... will be back

[villarich] 30/11/2018 15:27

Volume is about average today

[villarich] 30/11/2018 15:26

That's right Yopf, they're tracking you specifically all day and night to read what you post before moving the prices down.Alternatively, there's been more sellers than buyers today...

[christh] 30/11/2018 15:03

get a job with Boohoo

[christh] 30/11/2018 14:24

its volume is quite helthy at over 3,158,000 shares been traded.

it will end up around 201p

[yopf] 30/11/2018 11:30

Love how the market makers scan these threads. Moments after posting about fishhook they lowered the price to trash the formation. They are so easily led:)

[yopf] 30/11/2018 11:25

Lovely fishhook pattern forming:)

[hootza616] 29/11/2018 16:23

I believe it's been said before but any further "uncertainty" from the Brexit shambles would no doubt cause the £ to fall against other currencies. This is good news for Boo as it's overseas sales are effectively higher value and so deliver a higher profit! The U.K. sales are not affected.

[greenback01] 29/11/2018 15:59

If Theresa May's bad deal get's rejected by parliament on Tuesday 11th December what level do you see Boohoo dropping to? 185, 170, possibly lower? I got in yesterday at 199 but I'm looking to sell before 11th, with the view of getting back in if it does end up taking a hammering. The long-term fundamentals look great, hopefully we'll get a nice entry point soon.

[yopf] 29/11/2018 10:14

Btw I think we may hit 205 today

[yopf] 29/11/2018 10:00

I have 205 as strong resistance. If/when it gets past this level it's a fairly easy rise to 225 then 250

[villarich] 29/11/2018 09:41

Back above £2 happy days! Let's see if it can hold its load this time.I heard on the grapevine that Black Friday and Cyber Monday we're a doozy!

[losses] 28/11/2018 14:53

Moving up nicely after my buy at 185!!!

[losses] 28/11/2018 14:52

Will the Boohoo share price smash the Next price by 2020?Https://uk.finance.yahoo.com/news/boohoo-share-price-smash-next-130210929.html

[fredfishcake] 28/11/2018 13:37

Not sure why people are talking about Dec trading update, unless they mean an update on the trading up to and including the month of Dec...investor relations has trading update scheduled for Jan 15 2019.

[yopf] 28/11/2018 12:03

Once we pop 205 this will fly