Boohoo Share Discussion Threads

[apad] 05/9/2019 09:35

"I suppose I should be thinking about top-slicing, but the interims are this month and there is plenty of new stuff for the tintins to prattle about, so I guess I'll wait for a well polished halo."

Thanks for the links Algo.

apad

[algorithmicx] 05/9/2019 09:27

LONDON — Britain’s Boohoo raised its full-year revenue forecast on Thursday on strong demand from its young customers for brands like PrettyLittleThing and Nasty Gal, sending the online fashion firm’s shares to an all-time high.

Shares in Boohoo, founded 14 years ago in Manchester, northern England, rose as much as 17% to an all-time high of 285.3 pence, as it said it expected its full-year revenue to rise between 33% and 38%, ahead of its previous 25% to 30% guidance, which would deliver a corresponding rise in earnings.

Online retailers like Boohoo are growing fast, often at the expense of traditional shopping outlets such as Marks and Spencer, whose share price fall has seen the 135-year-old retailer evicted from the blue-chip FTSE 100 index on Wednesday.

Boohoo had defied weak consumer confidence to deliver “another stellar performance over a warm summer,” analysts at Jefferies said, forecasting a 3-4% rise in consensus for sales and core earnings in the year to February 2020.

Boohoo, which reports first-half results on Sept.25, said it expected margins to remain at around 10%, reflecting investments in the three brands – MissPap, Karen Millen and Coast – it acquired in the first half.

[villarich] 05/9/2019 09:12

I've got a handful, not enough to really care what happens here. I'm abroad 90% of the time now and prefer to spend my time doing other things than watch the markets when I don't have to.Just pleased to see the rise to shut that idiot up. See he's still spouting the same old rubbish. Price goes up = "it's ripe for shorting, trump, Brexit, weak pound, PE too high blah blah blah." He's been saying that since it broke £2. One day it'll drop and he'll claim he's right.

[algorithmicx] 05/9/2019 09:08

Boohoo, the online retailer, is a rip-roaring success story if its update today is anything to go by. Sales growth for the full year is expected to be 33-38 per cent, up from previous guidance of 25-30 per cent. Ebitda margins should hold steady at around 10 per cent. That they are not expected to fall further is a testament to Boohoo's confidence in its ability to turn around Karen Millen (and the eveningwear-focused Coast, part of the Karen Millen group), which it bought this year. Boohoo is no longer just a fast-fashion retailer of cheap clothes for young people — but it's still growing like a teenager. 

[guruofcanada] 05/9/2019 09:05

Ripe for shorting at least, now. PE now nearly 90 and weak pound won’t last long if brexit solved. That will please the village idiot at least 🤣

[bprofit] 05/9/2019 08:33

We should finally pass th

[villarich] 05/9/2019 08:26

Gosh, I guess there really was no link between Brexit and Trump after all. Kudos on saying you were wrong though. You are fallible after all...

[ny boy] 05/9/2019 08:22

Nice breakout, if it can hold, could get some decent upside traction, good start to Q4, just waiting for US commercialization deal for my safe haven monster play (STX)to continue with more upside gains, has been an excellent year to date. Dyor as usual

[algorithmicx] 05/9/2019 08:18

Expect earnings upgrades, shorters getting burned and £3. FOMO ALERT

[guruofcanada] 05/9/2019 08:09

Wow! Incredible rise. Indeed I called it wrong and the price surged before I expected. I had several more orders even at 228, 230. Well done to John Lyttle.

[apad] 05/9/2019 07:59

😊
Have to sell then - they'd never increase revenue fast enough by doing that.
apad

[sogoesit] 05/9/2019 07:49

Apad, usually I sit (in planes) on runways but may give it a go someday ;-).
You never know BOO might get its demographic upto my age in the next 50 years!

[bulltradept] 05/9/2019 07:42

GoC looks like you called this one wrong pal, it happens.

[broadwood] 05/9/2019 07:31

Consequently, the board now anticipates that results for the current financial year will be ahead of previous guidance, with Group sales growth now expected to be between 33% and 38% (against previous guidance of 25% to 30%). The board anticipates EBITDA margins for the financial year to remain at around 10% (in line with previous guidance), reflecting anticipated investments across the financial year into the three brands acquired by the Group in the first half.

Onwards and upwards.

[telbap] 05/9/2019 07:22

Nice up date. Well done all those who held on.

[christh] 04/9/2019 22:07

What happened to guru?
Silence of the lamb....

[apad] 04/9/2019 18:56

Good at walking down a runway, Sogoesit?
apad 😊

[sogoesit] 04/9/2019 18:50

I am ready!

[algorithmicx] 04/9/2019 14:47

About to bust a 3 year high....

[algorithmicx] 04/9/2019 12:00

QUIZ also getting walloped today:

Consistent with the widely reported conditions on the UK high street, the business has experienced a reduction in store footfall during the Period compared to the previous year when the Group experienced particularly strong demand. The Group's performance has continued to benefit from sales growth through QUIZ's own websites.

BOOHOO will be expanding it's market share and driving competitors out of business...

[guruofcanada] 04/9/2019 08:32

“Upgrades to outer year forecasts”

[christh] 04/9/2019 05:59

Peel Hunt: Boohoo set to barnstorm

Boohoo (BOO) is set for ‘peak outperformance’; as the online fashion retailer boosts its distribution capability, says Peel Hunt.

Analyst John Stevenson retained his ‘buy’ recommendation and target price of 325p on the stock on the back of a strong first-half forecast where he predicted earnings growth of 41%.
'Investments in distribution capability are starting to show greater efficiency and will offer higher service levels into peak trading, while the new acquisition of Karen Millen and Coast provides the opportunity to move into a slightly older demographic and generate modest upgrades to outer year forecasts,’ he said.

He added that Boohoo is ‘well set to deliver over peak trading once again’.

The Expert View: Citywire
3 September 2019

[guruofcanada] 03/9/2019 10:56

Christh you have your numbers all mixed up. 2. 3. 5 is what I see. PE of 325 would be the highest value in the world for a listed company! Your target is years away I’m afraid to say