Boohoo Share Price

Sally57

I added at 210 this morning and happy at that price.

coastline

Sally57 said:

I added at 210 this morning and happy at that price.

Nice little site for looking further out. Earnings and profits are forecast higher.

BOOHOO GROUP PLC : Financial Data Forecasts Estimates and Expectations | BOO | JE00BG6L7297 | MarketScreener

csgohan4

seems like a roller coaster ride for the last 18 months. 

MaxiRobriguez

Still on the downward trajectory.

Now can be bought at the same price as the depths of the Coronavirus initial sell off in March 2020.

Sally57

MaxiRobriguez said:

Still on the downward trajectory.

Now can be bought at the same price as the depths of the Coronavirus initial sell off in March 2020.

I added again at 178.00 in my firm belief it will go up substantially eventually but just have to be patient.

Thrugelmir

Sally57 said:

MaxiRobriguez said:

Still on the downward trajectory.

Now can be bought at the same price as the depths of the Coronavirus initial sell off in March 2020.

I added again at 178.00 in my firm belief it will go up substantially eventually but just have to be patient.

The lingering supplier issues need to be resolved in order to rebuild institutional support for the share. 

[Deleted User]

MaxiRobriguez said:

Still on the downward trajectory.

Now can be bought at the same price as the depths of the Coronavirus initial sell off in March 2020.

To me it seems like one of those companies that will just go under. You only have to do a Google search for Boohoo and fraud to see there has been a lot of news about the companies dealings and their suppliers. 

https://www.ft.com/content/afa784ee-7b32-477f-a52d-1e8609ddedc1

sevenhills

[Deleted User] said:

To me it seems like one of those companies that will just go under. You only have to do a Google search for Boohoo and fraud to see there has been a lot of news about the companies dealings and their suppliers. 

https://www.ft.com/content/afa784ee-7b32-477f-a52d-1e8609ddedc1

If that is taken seriously, it will be depressing the price already.

soulsaver

IanManc said:

Sally57 said:

I hold around 20K in Boohoo but the share price has tumbled recently. Does anybody know why?

Maybe it is because the management waste their attention on nonsense like this:

Fashion giant PrettyLittleThing ask Manchester City Council to rename a street after them...but it's in Salford - Manchester Evening News

Not only is the idea of changing the name of a street called Unicorn Street to "Pretty Little Unicorn Street" daft, but they wrote to Manchester City Council to request the change, on the basis that as "a fundamental part of Manchester we should be made a physical and permanent presence" in the city; when the street in question is seven miles away in Eccles, in the City of Salford. 🤣  🤣  🤣  🤣

Maybe they thought it wood be a piece of cake in Eccles...

MaxiRobriguez

Bump.

Starting to feel like I could belong to the WallStreetBets crowd with my 55% loss on Boohoo shares. 

Down 15% today, but there's no media coverage as to why. Does anyone know?

Edit, found it:

Boohoo now expects its full-year underlying earnings to grow by between 6% and 7%, compared to previous forecasts of a 9-9.5% increase.

Sales are now set to grow by between 12% and 14%, far short of previous expectations of 20-25% growth.