Boohoo Share Discussion Threads

[villarich] 16/1/2019 16:19

The guys a muppet

[sf5] 16/1/2019 15:34

Christ -this is the BOO board, not Mumsnet!!

[bulltradept] 16/1/2019 14:36

Seriously, WTF has this got to do with Boo?

[christh] 16/1/2019 11:35

Ryanair increases baggage fees ....WHAT A DISGRACE

Ryanair has raised the cost of flying with a 10kg bag by hiking hold luggage and priority boarding prices, after twice cutting its cabin baggage allowance last year.


How have prices increased?

Ryanair hasn't officially announced the price increase, but its website appears to have been updated last week with the higher costs. Here's what's changed:

Priority boarding, which allows you to take a 10kg bag into the cabin, now costs between £6 and £10. It's not clear whether this price varies by date, destination or some other factor – we've asked Ryanair and will update this story when we hear back. But the price will be the same regardless of when you purchase – previously Ryanair charged a flat fee of £6 at the time of booking or £8 afterwards.

Checking in a 10kg bag now costs between £10 and £12. Again, we don't know what determines the exact price, but the cost won't be affected by when you pay. Previously there was a flat fee of £8 at the time of booking or £10 afterwards.

Printing your boarding card at the airport now costs £25, up from £20.

more here

[christh] 16/1/2019 11:26

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[stokiematt] 16/1/2019 10:38

"At 28 February 2022, the boohoo Group will have the option to acquire this remaining 34% (of PLT) at market value"

I wonder how much the market value will be for PLT in 3 years time. Looks like PLT is taking custom from Boohoo and Boohoo are effectively helping them to do it. Might need a share issue as the cash pile probably won't be enough to cover it.

15% growth for Boohoo is a worry. NastyGal growth is good but it's still from a very low base. While PLT growth is still stellar only having 66% again is an issue.

Don't think we'll see 200 let alone 300 anytime soon. Hope we do, but don't see it.

[losses] 16/1/2019 10:26

Added some 177 this morning...

[bulltradept] 15/1/2019 19:21

I wonder who the house broker is for BOO?

[algorithmicx] 15/1/2019 16:31

Among other analysts, Investec Securities thinks shares can reach 340p while Peel Hunt has a price target of 300p. Investec analyst Ben Hunt said:

"With earnings momentum remaining positive, we think the shares deserve to re-rate back to prior levels."

[american idiot] 15/1/2019 16:24

Must be going under..

Must be......

[kaka47] 15/1/2019 16:07

Slam dunk SHORT

[american idiot] 15/1/2019 16:06

The shareprice is getting battered ?

Is Boohoo going bankrupt or something ?

[christh] 15/1/2019 15:06

Hootza616
facts of life, "not many people know that"!!!

[hootza616] 15/1/2019 14:41

Having a busy day Christh?

[extrader] 15/1/2019 14:35

Hi all,

I think there's some disquiet amomgst II's that the growth is in PLT, not BooHoo….and we only get the benefit of 2/3rds of that growth,because the original deal (to get 100% of PLT for £ 5 M) was 'modified' to keep the Kamani boys incentivised.

ATB

[momentum1] 15/1/2019 13:08

Investor champion: don't make me laugh buddy...traders from 160 taking profits and weak holders handing over cheap shares to the institutions. Blue finish? Don't rule it out

[hootza616] 15/1/2019 13:08

Don't think you will see 160 for some time. No bad news here, and will recover most of today's loss by close.The only choice for retail investors now.

[bulltradept] 15/1/2019 12:37

Christh, Yes I have been buying and selling plenty, all good here. :-)

[christh] 15/1/2019 12:34

Have the directors been buying today?
We'll know tomorrow when an rns will come out.

[christh] 15/1/2019 12:31

Tuesday 15 January 2019 7:34am
Raised expectations: Boohoo lifts guidance as sales grow across all brands
Joe Curtis is the digital editor of City A.M.

Boohoo said it is delivering 'great fashion at unbeatable value' (Source: Getty)

Boohoo had no cause for tears this morning as it revealed rocketing revenue helped it end 2018 on a high, raising guidance for its full-year sales.

Sales grew 44 per cent year on year to £328.2m in the four months to the end of December, up from £228.2m in the same period in 2017.

Read more: Boohoo sales nearly double after Pretty Little Thing performance

UK revenue grew by 33 per cent in that time to £180m as US sales leapt 78 per cent to record £70.4m.

Unlike other retailers feeling the squeeze of a challenging high street, Boohoo improved its gross margin by 170bps to 54.2%.

Joint chief executives Mahmud Kamani and Carol Kane said: “We are delighted to be reporting yet another great set of financial and operational results and would like to say a very big thank you to all our team and customers.

“We remain firmly focused on continuing to provide our customers with great fashion at unbeatable value. The global growth opportunity is significant and we will be addressing it in a controlled way - investing in our proposition, operations and infrastructure to capitalise on the opportunity.”

Read more: Boohoo's rising revenue beats City forecasts

Sales at the main Boohoo brand were up 15 per cent over the period to £163.5m, while Pretty Little Thing almost doubled sales to pull in £144.2m. Nasty Gal revenue soared by 74 per cent to reach £20.6m in revenue.

Boohoo hiked up its full-year guidance on the back of the sales growth, predicting overall revenue growth of between 43 and 45 per cent for the 12 months to the end of February, higher than the previous prediction of between 38 and 43 per cent.

Julie Palmer, partner at Begbies Traynor, said Boohoo's latest update will restore calm after Asos's shock Christmas profit warning.

Read more: Four factors behind Asos's drop in profits

“This growth was largely driven by Black Friday and Cyber Monday as online sales accounted for a fifth of all retail spending in November," she added. "With Brexit still lacking clarity and consumer confidence low, customers are basing their decisions on price, and Boohoo is very competitively placed to capitalise on this.

"Tie in the fact that overall footfall is down on the high-street and online sales continue to grow, Boohoo is entering 2019 in a very strong position."

www.cityam.com/271615/raised-expectations-boohoo-lifts-guidance-sales-grow-across