Boohoo Share Discussion Threads

[extrader] 06/7/2020 10:59

Hi mauricemonkey,

.."Nothing to see here, but nice try..."

I wasn't 'trying' anything, I thought that it was mildly amusing, esp. given that this was kicked off by an FT investigation....and the misstatement referred to the company's banking history...

Perhaps a ;-> would have helped.

ATB

[412069] 06/7/2020 10:48

Second time around for these allegations this time it’s going to hit hard.

[celerac1899] 06/7/2020 10:44

off she comes

more like 2.80 at this rate chris for the close

get out now folks while it starts with a 3

[bulltradept] 06/7/2020 10:43

I would have thought the pollution factor is worth more worrying about than people not getting the minimum wage..

[mauricemonkey] 06/7/2020 10:41

Extrader:

You will notice at both the bottom of the BooHoo Cookie Policy page and the Permenant TSB Group Cookie Policy page that both are delivered by Investis Digital, so they have a common supplier. I suspect the supplier is the one doing the cut and paste job.

Nothing to see here, but nice try.

[discodave45] 06/7/2020 10:36

christhLabour behind the Label issued a report last month 'boohoo & COVID-19', numerous accusations were made with regards to boohoo suppliers and the overall governance at the company.Every successful company is a target unfortunately and boohoo are a very successful company. IMO this won't blow over in a couple of days as it's an amalgamation of numerous hot topics and high level political and socioeconomic issues: C19 (Leicester where up to 80% of garment producers work for boohoo group), BAME, BLM, modern slavery etc.

[mauricemonkey] 06/7/2020 10:35

To be fair Christh, I don't think the story is "fabricated", it's in a national, well regarded, paper.

However, some of the allegations that people are making, like "boo are complicit" or using innuendo to speculate who owns the factories - that's the shorters making bs up. And those people need to be very careful, stating a fact and then pretending it's an opinion, that's the kind of thing that makes you have a bad day if the lawyers get involved.

[inthemix] 06/7/2020 10:31

I'm short, no stories needed here I'm afraid.

[extrader] 06/7/2020 10:31

Hi all,

Former holder, went to the website to have a look at Investor Relations, tripped on 'cookie policy' :

Home

Group
Brands
Our People
Sustainability
Investors
Newsroom
Contact
Our Sites
Home Cookie Policy
Cookie Policy
Who we are
Boohoo.com Plc has a long banking history, stemming over 200 years, making us one of Ireland’s longest serving financial services institutions.

Maybe the FT researchers are coming at this story from a different direction ?

It's one thing to knock off a cheap copy of a dress, another to 'cut and paste' part of your website !

ATB

[christh] 06/7/2020 10:29

No, you as a Lemming follow or do what others do.
These are fabricated stories by shorters to hurt the company and the investors!

[bbmsionlypostafter] 06/7/2020 10:16

You should give it a rest christh, you're only making it worse.

Everybody knows 'rag trade' at this price level is synonymous with 'sweat shop' & that Boo are balls deep in it.

[christh] 06/7/2020 10:10

Remember in this weekend's Sunday Times claims surrounding working practices are allegations, not proven!

Who sponsored Sunday Times reporter to investigate factories in Leicester?????

Conspiracy????????

[christh] 06/7/2020 10:05

Did not see a contribution from Shadowfall or any other Hedge fund?

[bulltradept] 06/7/2020 10:05

Thank you Sogoesit, I do get that completely.

Good luck and let's hope for better times ahead.

[christh] 06/7/2020 10:03

So how many othe benefactors know then who contributed?

[celerac1899] 06/7/2020 09:56

£5k is peanuts to them but huge for mugs like you who read that and think theyre kind hearted softies

[christh] 06/7/2020 09:51

Guru,
Still smearing the Kamani's?????
...READ THIS
Six-year-old boy raises £19k to buy hospital incubator as a thank you

A boy aged six has raised more than £19,000 to buy an incubator for the hospital that helped keep him alive when he was born prematurely.

Dhillon Manku, from Surbiton, hit his target this week with a £5,000 donation from the Kamani family behind the Boohoo fashion empire.



comments???????????

[guruofcanada] 06/7/2020 09:47

Inverted W? Heading for 190 like Morgan Stanley attribute?

[guruofcanada] 06/7/2020 09:46

Yes monkey boy. I do actually say you are an idiot, anything else is my opinion! Chuckle chuckle.

[celerac1899] 06/7/2020 09:44

so , lets see 3.80 on the close then

[christh] 06/7/2020 09:43

rajstar6 Jul '20 - 10:36 - 17339 of 17340

Thanks to logic I never listened to you on Avacta.
You were shouting Avacta was going down but here you are now 135p and going higher to 200p.

Keep doing it for Boohoo, I will be cashing it when it gets to 600p next year

[mauricemonkey] 06/7/2020 09:41

So you're doubling down on your allegations.
I hope you have proof. For your sake.

[sogoesit] 06/7/2020 09:36

Bulltrade:
"What's your view Sogoesit please?"

Morning, Bull.
I wrote a couple of posts on Sunday, awaiting the defence.
The defence is that the ST allegations of Jaswal do not involve BOO's supply chain albeit "Nasty Gal's labelled clothing was found there". (It is notable that a lot of manufacture, mostly high end brands admittedly, is faked and sold on the internet but we don't know yet if this applies here).
I checked Jaswal on Companies House last night and it doesn't appear to have turned-over much money but this could (certainly) also be that there may be a large cash economy running in the "rag trade" in the UK. So BOO's denial of use of this company stacks up. As a listed company it would be very dangerous for BOO to be involved in the cash economy, imv.

I was prepared to sell-out this morning but, given the defence, decided to hold and take the short hit; hopefully short term.

Historically, BOO attracts a lot of negativity and is subject to high volatility. Why BOO is targeted I'm not sure but it attracts over-enthusiastic shorts versus other fashion brands (who must also use supply/manufacture in the UK). Possibly envy politics or the "high" valuation placed on the stock (all growth companies do)?

Of course the "rag trade" has always been like this (look at the Protestants who came to England in the 17th century, the Jewish and, recently, Bangladeshi communities who start out in "cheap labour" industries and then move on).

Another storm in a tea-cup is my conclusion.
I hold my 18 month view target price of 600p+ and await developments in due course.