Boohoo Share Discussion Threads

[christh] 10/7/2020 13:49

10 July 2020

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BOO Boohoo.com Plc Peel Hunt Buy 475p

[stewar06] 10/7/2020 13:47

Yeah it was about 420 at its highest.
Give or take a point or two on a intra day high. Current drop is from 390

[the patient investor] 10/7/2020 13:38

I have read and read and changed totally my mind.
In with 10k £ at 281p.


These youngsters will keep on buying, regardless.

Absolutely brilliant article. 380p my target by end of July.

Gen Z still loves fast fashion, but Boohoo investors are spooked

BY LUCY MAGUIRE, GEORGE ARNETT
10 JULY 2020

A Vogue Business survey shows that despite shocking claims about the fast fashion’s supply chain in Leicester, young consumers ARE STILL BUYING.

[srpactive] 10/7/2020 13:33

---------

Looks like 410p high roughly.

dyor

[djb3] 10/7/2020 13:33

Christh is deffo in deep with this...

[the patient investor] 10/7/2020 13:32

380 my target

[hotaimstocks] 10/7/2020 13:30

when was it 490p as I don't remember that price.

[hotaimstocks] 10/7/2020 13:29

SOMEONE ON HERE IS SAYING THIS HAS COME DOWN FROM 480P .. when was it that price

[snake] 10/7/2020 13:28

Unfortunately this is what happens when you pull up criminal ramping scum with their lies.
They don't like it

[srpactive] 10/7/2020 13:23

Crikey, lets try to stop the arguing and keep it civil
and boo related. I know we have both sides on the thread
which I feel is good, as it keeps it more level, cannot
see 350p today myself, although I expect to re-test this mornings
high.
But the shorts have a fair point too.

active

[rajstar] 10/7/2020 13:07

Boohoo has acted irresponsibly and issue has not be solved as yet. Look at the share price right now and it's only waiting for that slide past 150 next week. Khumani's can't fool by buying shares for employee funds and showing that they care. Interviews with labourers ongoing n this will blow down next week. DYOR AIMHO

[edmondj] 10/7/2020 13:00

christh,

The FT ran this piece in May 2018:

Part of Leicester’s garment industry has become detached from UK employment law, “a country within a country”, as one factory owner puts it, where “£5 an hour is considered the top wage”, even though that is illegal. Doshi (not his real name) says he has worked in places with blocked fire escapes, old machines and no holiday or sick pay. There are garment factories that follow the law, but a “perceived culture of impunity”, as a 2018 government report puts it, has created a bizarre microeconomy where larger factories using machines are outcompeted by smaller rivals using underpaid humans.

And while some retailers blame unethical factory owners, the factories say retail’s relentless push for cheap prices makes it impossible to improve. As a result, what should be a good news story for people like Doshi has become a cautionary tale about how the reshoring of manufacturing jobs can go wrong when the government fails to enforce its own laws.

Perhaps the strangest thing about this labour exploitation is that it is an open secret. Central government knows; local government knows; retailers know. “When I came to the UK and I discovered what was going on in Leicester, it was mind-blowing,” says Anders Kristiansen, who was chief executive of high-street retailer New Look from 2013 until September last year. “This is happening in front of your eyes and nobody’s doing anything?!” he remembers thinking. “How can society accept it — not even society, how can government accept it? It’s so sad, I’ve not spoken about it for a long time because it frustrated me so much.”

[rogthepodge] 10/7/2020 12:51

Anyone short over the weekend is bonkers. Big risk.The spivs have shot their bolt.Twice.

[christh] 10/7/2020 12:46

bbmsionlypostafter,
the Sunday Times lies story think is over.
Boohoo has already acted on it with the appointment of independant QC to do the inspection.
Already the facory was found not a company working for Boohoo and the garments were made in Morroco not Leicester!

What's there to publish?

[christh] 10/7/2020 12:36

350p coming today...believe it.
Buyers surge on the way!

Heavily discounted from 490p , best enry time for investors!

[snake] 10/7/2020 12:30

Not to worry Chrissy hun, you are only out by 3.2 billion.
Not bad hey!