24/06/22... today's drop seems to be because of a profits warning from Europe's largest online clothing company.. Germany's Zolando..
A
There are better fish to fry.
k
Slowly accumulating, could reach 54 but at this price we are reaching fair value.
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Boohoo figures yesterday much better than rival ASOS.. However,today, ASOS up like a rocket,and Boohoo sluggish increase..Why?? Well ASOS directors bought shares enmass,while Booboo directors bought zero shares as of Friday 4pm even at prices of 55p
J
What happened to the price drop?
J
My Avg down to £1.68 think of the long term people..
W
It will recover long term . Just increased my holding by 50%
A
Literally just a online primark. Not exactly known for quality someone tell what is amazing about this business
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Oh dear
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Trading update for first quarter is on 16/06/22
N
New trader watchlist was published by these guys and it featured BOO.L. (http://traderspot.club)
R
its pointless selling at this point. im going to hold long term. it will recover but won't be any time soon
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What a mess.l am calling the low point of the SP..However recovery in SP in the years to come will be muted..l see Boohoo in 5 years time at around 150p... ASOS and Boohoo need to merge to create a serious rival to the much larger companies in China and Germany..Also having half a dozen physical shops in prestigious cities would help brand awareness and give UK customers a place to walk in for returns.l amazed at lack of sales momentum in it's Debenhams acquisition..
S
Leaving yourself with £1.3m in cash, no I’m sorry time to cut my losses
J
When inflation comes down this will head back to 200-300p or share as profit margins should increase
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Any Boohoo bulls left?
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1 month ago I commented “short any pumps it’s going to zero” bet you wish you followed by advice
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Sunday Times reporting (25/04/22) of Chinese disrupter Shein, gaining massive share of British online clothing market in recent months..Due to Chinese tax advantages,the company is selling clothes at an even lower price than Boohoo and ASOS (who actually desperately need to increase prices)
J
"boohoo has been experiencing declining annual sales growth. Its growth rate has seen a steady decline from 48% in 2019 to 41% in 2021. Furthermore, its profit margin has gone down from 5.5% in 2019 to 3.1% in its latest half. This shows me that the retailer is struggling to keep up with rising costs as inflation continues to run rampant."
https://www.fool.co.uk/2022/04/12/does-the-boohoo-share-price-make-it-a-buy/