Boohoo Share Discussion Threads

[villarich] 03/12/2018 10:17

I've read the charts Yopf. The last two months does not make for great reading. How far back are you going to get your " strong rising channel and bullish wedge formation" - Note the quotations marks as it is a direct quote of yours.

Since the start of October, the daily chart is in a down trend making a series or lower highs and lows.

[yopf] 02/12/2018 17:09

Read the charts Villa
p.s you don't need quotation marks as you're not quoting me as I never said that;)

[villarich] 02/12/2018 14:20

You're one of the biggest culprits for peddling rubbish! Or by rubbish do you mean "anything that is contrary to your one sided view of the share?"

[yopf] 02/12/2018 11:12

BTW...same pattern after a rise. Lots of unknown personas arrive peddling rubbish;)

[yopf] 02/12/2018 11:05

Just bringing this up as the board's has been (deliberately) flooded with rubbish designed to confuse and distract.

Just don't be short next week;-0)

Boo is currently close to support (187) on the daily chart within a strong rising channel and bullish wedge formation. Resistance is 235.

RSI is at support in a rising channel (now oversold) and stochastics are oversold.
Boo is also currently at the 200 day moving average.

One won't see any stronger bullish technical signs. Add that to the news and sales, you've got a mega opportunity.

[mauricemonkey] 01/12/2018 21:33

When I was a kid my old man said “better to stay quiet and have people think you’re an idiot than to open your mouth and prove it”....

[christh] 01/12/2018 21:24

BoA Merrill Lynch gives Boohoo shares a boost as it initiates coverage with a ‘buy’ rating, 280p price target


UBS's analysts noted that Boohoo’s group revenue has grown four-fold in the past four years to £580mln for full-year 2018, and they expect it to triple again in the next five years
Boohoo model
They said they see scope for boohoo to become an acquirer of small online brands, which would present incremental upside to their earnings and valuation

BofA Merrill Lynch has given a boost to shares in Boohoo Group PLC (LON:BOO), initiating coverage of the online fashion retailer with a ‘buy’ rating and 280p price target.

In late morning trading, the AIM-listed firm’s stock was 2.1% higher at 222p.

In a note to clients, the US bank’s analysts said: “boohoo offers exposure to three important structural trends in apparel:
(1) shift to online;
(2) consumer demand for value; and
(3) a move from fast to faster fashion, owing notably to the strong sourcing background of its founders.”

They noted that Boohoo’s group revenue has grown four-fold in the past four years to £580mln for full-year 2018, and they expect the group’s revenue to triple again in the next five years, making it the fastest-growing company in their coverage.

The analysts pointed out that boohoo shares trade on 27 times 2019 estimated EV/EBIT, a c.20% discount to online peers, which they think “is unjustified considering its superior business model and growth profile”.

In the medium term, they said they see scope for boohoo to become an acquirer of small online brands, which would present incremental upside to their earnings and valuation.

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

[christh] 01/12/2018 21:22

5 Top AIM Stocks Held by Fund Managers
Fevertree, ASOS and boohoo.com have been just three AIM success stories in recent years. Here are the companies that top UK smaller company fund managers like right now
David Brenchley

Fevertree tonic mixer, gin, top AIM stocks, fund managers

While they come with plenty of risk, smaller companies can offer investors better growth opportunities than their larger counterparts.

The better performing funds of 2017 had growth mandates, meaning the UK funds that did best were looking for opportunities in indices with smaller constituents than the blue-chip FTSE 100.

The Alternative Investment Market (AIM) was launched in 1995, as a place for smaller UK companies to float on. It offers investors willing to take on an extra level of risk in return for the potential of greater returns some cracking companies.

The likes of ASOS (ASC), boohoo.com (BOO) and FeverTree (FEVR) all have market capitalisations of over £2 billion – more than some FTSE 250 firms. Despite their high profiles, they are still happily holding onto their AIM listing.

They, and many others, have helped the AIM All-Share outpace the FTSE 100 fivefold and the FTSE 250 by two times over the past three years.

We screened the five funds in the Investment Association UK Smaller Companies sector that are rated Gold or Silver by Morningstar analysts to check out which stocks they are holding using the Morningstar X-Ray Tool.

Fevertree

Unsurprisingly, Fevertree is top of the pops among smaller company funds given its stellar success and accounts for a good amount of three of the five portfolios. Old Mutual UK Smaller Companies, the only Gold-rated fund in our list, has a position of more than 4%.

Old Mutual is the largest institutional holder of the stock, owning almost 10% and second only to Charles Rolls, who founded the company with Tim Warrillow. It floated on the stock market back in November 2014 and has surged 1,770% since to trade at a shade over £25 today.

The firm makes premium carbonated mixers for alcoholic beverages, including tonic water for use with gin – a fast-growing drink for Britons. While the valuation has run away with itself, both revenues and sales have grown consistently by around 70% year-on-year since 2014.

Fevertree said in a trading update 12 days ago that results for full-year 2017, due out in March, will be “comfortably ahead of market expectations”, so expect some further juice in the share price in the short term.

SLI UK Smaller Companies has 3% of its portfolio in Fevertree, while River & Mercantile UK Equity Smaller Companies has 2.5%.

Smart Metering Systems (SMS)

Another “ten-bagger221;, Smart Metering Systems floated in 2011 at 60p per share. It currently trades hands at 740p – growth of 1,133%. The market cap stands at £669 million.

This time, Old Mutual is the largest shareholder, having got in at the initial public offering and Dan Nickols’ fund has recently upped its stake. It currently represents 2.88% of his portfolio, 4.23% of the River & Mercantile fund and 2.29% of the Standard Life offering.

The Glasgow-based company owns and operates gas and electricity meters on behalf of major energy companies like Centrica, E.ON, Gazprom and SSE. Results for the six months to June 30 2017 saw SMS increase revenue by 14% to £36.8 million with a slight improvement in pre-tax profits but decrease in earnings per share of 10%.

First Derivatives (FDP)

Capitalised at just over £1 billion, First Derivatives is a more seasoned listed company. Its share price has doubled since the start of 2017 and is the largest holding in the Standard Life fund at 5% of assets. The Old Mutual offering has a small position.

It’s not widely owned by institutions, with chief executive and founder Brian Conlon still hanging on to around a third of shares. It’s also the second largest holding in the Bronze-rated Slater Growth Fund.

First Derivatives provides software products and consulting services to institutions in the finance, technology and energy sectors. It also supplies technology to enable the Red Bull racing team to analyse data during Formula 1 Grand Prix races.

Its results for the six months to 31 August 2017 showed revenue up 21% and adjusted pre-tax profits up 13%. Chairman Seamus Keating said full-year performance is expected to be ahead of the board’s expectations.
GB Group (GBG)

Cyber security firm GB Group has been a listed company for more than 25 years, but moved to AIM in August 2010. Then trading at 25p, it’s now up to 429p. GB provides identity verification services to prevent fraud to blue-chip names such as carmaker Ford, apparel seller Nike and global banking giant HSBC.

The share price had a wobble late last year, falling 40% in the space five weeks to trade at 210p after the election of Donald Trump as President of the United States in November. It’s bounced back since, though, more than doubling.

GB is highly cash generative with an experienced and incentivised management team, according to sellside broker finnCap. It has seen long-term double-digit organic growth and has recurring revenue streams.

A forecast yield of 1% for 2018 is decent for a growing company, especially considering the dividend is growing at 10%-plus every year and is well covered by earnings.

Octopus Investments, a provider of venture capital trusts, is the largest shareholder at over 10% with Standard Life Aberdeen and Canaccord Genuity next. The SLI fund has a 2.5% position in GB and Artemis UK Smaller Companies has 1.3%.

Blue Prism (PRSM)

Blue Prism is another success story for AIM’s tech sector. The company provides robotics software that enables large companies to automate many mundane back-office tasks, freeing their employees to carry out more important activities.

The firm debuted on AIM in March 2016 at 78p. In almost two years, its share price has shot up over 1,500% to £13 today.

But with that stellar share price growth comes questions over valuations, and some fund managers have recently taken profits on their holdings in Blue Prism. One of those is James Baker, manager of Chelverton UK Growth.

Baker told Morningstar recently that he exited his position in mid-2017 at around 800p – “much too early” despite having made eight times his money. His reasoning, though, was that Blue Prism’s “market capitalisation to sales ratio was becoming unsustainable fast”.

Although some board members have been taking profits in recent months, management still own significant portions of the stock. Old Mutual owns a fifth of the company and Nickols’ fund has 2.58% of its assets invested.

[villarich] 01/12/2018 18:31

Good work on the research dsct. A great read.

[villarich] 01/12/2018 18:27

Ha he calls you illiterate Sogo, then posts that drivel.

[christh] 01/12/2018 15:57

sogoesit, sad character.
your behaviour has been noted.A silly illiterate, gutter character creature.
A hyenna or a worm?

Not worthy of taken notice.

[sogoesit] 01/12/2018 15:39

LOL!
The high priest of aimless rambling ramping.
It's a lost cause; the filter button is the best else he will be saying it's a take-over target next. Unilever was his favourite on FEVR so maybe that's what he'll go for or Next next! But then it could be Sainsbury, who knows which random company he will pick.

[christh] 01/12/2018 15:37

BoA Merrill Lynch gives Boohoo shares a boost as it initiates coverage with a ‘buy’ rating, 280p price target


UBS's analysts noted that Boohoo’s group revenue has grown four-fold in the past four years to £580mln for full-year 2018, and they expect it to triple again in the next five years
Boohoo model
They said they see scope for boohoo to become an acquirer of small online brands, which would present incremental upside to their earnings and valuation

BofA Merrill Lynch has given a boost to shares in Boohoo Group PLC (LON:BOO), initiating coverage of the online fashion retailer with a ‘buy’ rating and 280p price target.

In late morning trading, the AIM-listed firm’s stock was 2.1% higher at 222p.

In a note to clients, the US bank’s analysts said: “boohoo offers exposure to three important structural trends in apparel:
(1) shift to online;
(2) consumer demand for value; and
(3) a move from fast to faster fashion, owing notably to the strong sourcing background of its founders.”

They noted that Boohoo’s group revenue has grown four-fold in the past four years to £580mln for full-year 2018, and they expect the group’s revenue to triple again in the next five years, making it the fastest-growing company in their coverage.

The analysts pointed out that boohoo shares trade on 27 times 2019 estimated EV/EBIT, a c.20% discount to online peers, which they think “is unjustified considering its superior business model and growth profile”.

In the medium term, they said they see scope for boohoo to become an acquirer of small online brands, which would present incremental upside to their earnings and valuation.

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

[dsct] 01/12/2018 14:53

Bored ? Yes, I was, so for a laugh had a scan at the November posts from christh.

Date, Closing price, post number and comment:
30/11 191.5 - 13895 - it will end up around 201p
27/11 195.9 - 13880 - possibility will hit 199p today but who knows may hit 200p
19/11 189.7 - 13801 - So looking forward to 225p
16/11 197.3 - 13771 - I will say we'll get to 220p but not today but close....
15/11 205.0 - 13744 - Next week will be around 220p with the expected trading boom to come.
15/11 205.0 - 13740 - heading higher today to 216p
13/11 212.1 - 13728 - 215 likely to be tested...
09/11 213.2 - 13695 - Might hit 220p today (All by my calculations off course)
08/11 214.3 - 13693 - Should we say 220p tomorrow?
06/11 214.6 - 13684 - pushing higher, will break through 217p
02/11 215.9 - 13678 - will it test 225p today?
01/11 215.7 - 13673 - 220p, star gazing today

@christh - rather than cluttering up this board by regularly posting random share price guesses (which are usually wrong), with no reasoning, plus regurgitating old news, why don't you explain WHY Boohoo should be trading at a certain price - Figures and Facts, not guesses though ! To give you a start, what we DO KNOW is the information stated in the interims to 31/08. Since they were published, there has been no official updates to the Y/E figures/estimates.

It's already been explained to you numerous times :
1) The news information you've posted so far is already known, and therefore ALREADY incorporated into the share price.
2) There are no disclosable short positions - BEFORE you start on that one again.

[yopf] 01/12/2018 10:25

Boo is currently close to support (187) on the daily chart within a strong rising channel and bullish wedge formation. Resistance is 235.

RSI is at support in a rising channel (now oversold) and stochastics are oversold.
Boo is also currently at the 200 day moving average.

One won't see any stronger bullish technical signs. Add that to the news and sales, you've got a mega opportunity.

[yopf] 01/12/2018 10:08

Lol, now now everyone, calm down.

These shenanigans are normal on these Bbs when traders make short term trades then ramp/de-ramp before buying/selling the next trade.

No posts when rising on Thursday then the doomsayers start predicting a mythical future.

Let me tell you - and anyone can check I called this right on Just Eat (JE)- that this stock is in its ascendancy and will be 250 or over by Christmas.

If you dare to be short or are risking de-ramping for a lower entry then beware you can be severely burnt or lose out in the coming week.

Readers/lurkers of this board are not stupid and it reflects badly on those who try to manipulate share prices (and some will be professional brokers and market makers).

Boohoo is a high energy growth stock that is capable of being many multiples of its current share price.

A 20p rise is not out of the question next week.

[villarich] 01/12/2018 09:57

In other news i see there's a been a good rise today off the back of zero volume ;-)

[jonny33] 01/12/2018 09:09

As I've posted before, sadly this board is littered with posts in which people think that by posting up a price it will somehow influence the price?? Sadly it only proves to demonstrate that the posters either has no clue or are rampers. Of course one day based on the probability of averages they will get it right and at that time they will be king of the stock market.....lol

Personally I find these posts useful as it sign posts who to ignore.

[hootza616] 01/12/2018 08:59

Agreed Villa.The only way this is going to 240 again is if they smash the forecasts again. That would be new news Christh, but only for a short time!If your so convinced of the imminent rise then why don't you buy more shares and wait? Why keep telling us? Perhaps you think constantly ramping the share will rise on the back of your predictions? Dream on!One thing I can be sure of, your posts are not factored into the price!

[villarich] 30/11/2018 23:27

What is actually priced in?Everything that we currently know. Current forecasts, Broker views, last year's profits, all director buys and sells, the Kamani's dumping stock earlier in the year, Black Friday, Christmas and the January sales. Every single piece of information you use to say why the price should be at 240 or wherever is ALREADY PRICED IN! The share price is on a multiple of 60 times earnings. SIXTY. So tell me again that the share price doesn't match the profits? And why do you always have to mention anal? Such a weirdo

[villarich] 30/11/2018 19:31

No you're wrong. All this old news you're spouting is ALREADY PRICED IN!

[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).