Boohoo Share Discussion Threads

[losses] 24/12/2018 00:39

High streets suffering as Government 'tied up with Brexit'Https://uk.finance.yahoo.com/news/high-streets-suffering-government-tied-093002428.html

[villarich] 23/12/2018 17:23

Squark! Polly want a cracker?

[sparky333] 23/12/2018 14:40

Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of payment cards that were designed in the 1950s. The system uses its own currency, the Q, and to get people to start using the system once it's ready they are allocating Qs for free to people that sign up now (the amount drops as more people join - so better to join early). Signing up is free and they only ask for your name and an email address. There's nothing to lose but if this payment system becomes a world leading payment method your Qs can be worth a lot. If you missed getting bitcoin seven years ago, you wouldn't want to miss this.Here is my invite link: https://initiativeq.com/invite/ysfoTKwF2This link will stop working once I'm out of invites. Let me know after you registered, because I need to verify you on my end.

[riley109] 23/12/2018 10:47

There's no fool like an old fool as they say.

[melody9999] 23/12/2018 09:40

what relevance to BOO?

[christh] 22/12/2018 22:20

melody9999
NEXT is a high street retailer, BOO is an online retailer and different trading
lines and margins.

BOO already stated that trading is very good and black friday was very strong trading.

[hootza616] 22/12/2018 09:06

What's your definition of "long" then Yopf?

[villarich] 22/12/2018 07:59

Just to add. Given the forecasted PR and PEG ratios for he next couple of years, and what's looking like a bear market for the 9 to 12 months, I see this bobbing around under £2 for at least another 18 months.

[villarich] 22/12/2018 07:57

I agree. The reason no one is selling is because from a macro perspective, the buying is happening in safer assets. There is less appetite for high growth stocks because were at the end of the economic cycle and heading for a correction. This means the multiples the market is willing to pay for shares drops across the board. Even at this level the PE is 50 and a PEG of 1.8 which is forecast to drop to 39 and a PEG of 1.6 based on EPS of 4.1p next year. From a PEG perspective that's still not too expensive but clearly the market wants more reassurance that it's money is safe.

[melody9999] 21/12/2018 23:03

TU in Jan on Xmas trading will be the next item to move the share price Could be affected by NEXT if their Xmas update is poor - particularly wrt online trading.

Problem in current market is that any bad news (eg ASC release) brings out sellers. But no-one is buying so even though we may be oversold, the share price does not recover.

[knowing] 21/12/2018 15:55

Got some catching up to do with ASOS. Insti's adding here I see

[bulltradept] 21/12/2018 14:26

People talk about values etc when mr bear comes along and sentiment changes prices are going to be going a lot lower IMVO in the new year so good luck everyone.

It's not like we haven't all been warned have we?

[villarich] 21/12/2018 14:21

I see it bobbing around at this level until the next update

[kaka47] 21/12/2018 10:15

QUIZMarket cap GBP34mGBP 12.5m cash in the Bank up 30% 1st half Online sales up 44% GBP20m 1st half Group sales up 19% 66.7Mil1st half EBITDA GBP5.6m up 11%No DebitRevised FY19 revenue forecast GBP132m up13%Revised FY19 EBITDA forecast GBP 11.5m no changeTrading on 3x profit PEDIVIDEND YIELD 2.75%

[yopf] 21/12/2018 10:09

So do you see a rise or fall from where we are today?

[villarich] 21/12/2018 10:07

The reason for the increase in shorts is because of the heavy fall after the update. Like someone buying after a rise to take advantage of the move, shorters go short to take advantage of the fall. I don't think there's anything sinister. I'm also not concerned about the weather and impacts to sales. BOO's approach is to do short runs on product lines and then produce more of what sells. So they won't get caught out by unseasonable weather.

[yopf] 21/12/2018 10:04

I've closed my long position.

If this capitulates then it's going to get messy

[yopf] 21/12/2018 09:51

I'm beginning to feel uncomfortable about BOO.

There's a reason for this fall and there's a reason for this short action. I also see there's an obvious target for the shorters of 141 as a possible double bottom.

Perhaps one thing that is going to be a problem is that heavy winter clothing is not in demand as it's been so mild.

[yopf] 21/12/2018 09:24

Well Marshalls Wace sold short in Just Eat on 14th December (or at least declared) when the price was about 565 so if they're still in they're losing big.

[kendonagasaki] 20/12/2018 18:49

Overvalued Company.One fishy director ousted today too?

[christh] 20/12/2018 18:03

....AND YOU ARE ALWAYS RIGHT