barrymid99
14 Jun 2018
Sale of shares by a director Another director taking the profit.
younginvestor95
13 Jun 2018
Trading statement tomorrow I agree completely that there is a short trading window and obviously they are entitled to trade whenever they want within that window. However it’s a really bad show for the company especially with the amount of money they are reinvesting trying to grow the company. And for a director to sell majority of their shares just shows a lack of confidence in the way the company is heading Additionally to do it in the window after first quarter results are so good could be a worse sign, as if they are so good, why not wait for the next window, when the share price is likely to be much higher. I had so much hope for this company with its amazing sales, and at the moment it’s only these that are keeping me in the share, as the director board seems to have no clue about keeping investors confidence in the share. I’m also surprised Kane’s not bought more since the sell off to regain confidence after the last 260-160 drop that shattered a lot of investors. I’d like to head everyone else’s thoughts, YI
RAConnell
13 Jun 2018
Trading statement tomorrow Fair comment but Boohoo should have been aware of the possible consequences of such a large share sale given the impact that Kane’s did last time. Once is unfortunate but twice is just careless and unforgivable. As said before it belies the implicit optimism of the trading statement.
MaX_ProfOrdiS
13 Jun 2018
Trading statement tomorrow Directors only have a narrow trading window and so it’s not uncommon for them to buy/sell shares just after trading announcements. I therefore don’t take issue with Neil Catto’s timing or the fact that he has sold shares (directors should be allowed to diversify their investments like everybody else). However, I do take issue with him selling all of his new shares given that he only currently holds 16k (I don’t count the other 600k+ options yet to be exercised); I would have liked to see him retain at least a couple hundred thousand. He might argue that the share options are part of his remuneration package but I think it is important that directors strike a balance and show some willingness to keep some skin in the game. Poor show; should vote down any more share option awards until the directors get the message.
RAConnell
13 Jun 2018
Trading statement tomorrow Likewise. When a director sells a substantial holding he/she should at least have the decency to explain why. Otherwise it raises questions as to their confidence in the future.
Uncle_Doug
13 Jun 2018
Trading statement tomorrow Well I just emailed them, voicing my disdain (is that a word?). Join me guys - [email protected]. Let’s see what the response is…
Uncle_Doug
13 Jun 2018
Trading statement tomorrow Hi @RAConnell, Poor show YET AGAIN from this shower. Not exactly a Vote of Confidence in their own company is it? I will be selling out as soon as I make a tiny bit more profit. Suggest we all voice our disapproval to them at [email protected]
arney1
13 Jun 2018
Trading statement tomorrow Ridiculous time to sell. It strongly suggests they think there will be little movement upwards in the share price for the medium term at least. I have sold my entire holding here and will sit back and watch for a while. If it hits 180 again I will start my buyback
maerskcon1
13 Jun 2018
Trading statement tomorrow They always sell on the day after figures are out. No confidence in these directors anymore
RAConnell
13 Jun 2018
Trading statement tomorrow Screwed again by a director sale. Why sell if optimistic about the future. Catto can join Kane in hell.
sage in the hills
08 Jun 2018
Re: trading statement coming up.Tuesd ?SAGE
peddlar
08 Jun 2018
trading statement coming up.Tuesd Are we all ready for a wobble....
sage in the hills
06 Jun 2018
Re: Quiz anyone? Reasons .......... i am invested in Boohoo (biggest proportion), ASOS, QUIZ, Zalando (smallest proportion) .... as i am interested specifically in the biggest % share price rise i can get.As we know, Boohoo and ASOS have already gone through there biggest phases of high % share price rises since launch.I am looking to achieve the same concept in the other two as well !! : - )SAGE
younginvestor95
06 Jun 2018
Re: Quiz anyone? My retail portfolio is very small I have to admit, but for me online is where I see it going.. and i think especially with a lack of retail spending and worries that side, boohoo is in a tremendous position to withstand brexit. And their international sales should only grow higher..Marks and Spencer, although a different business altogether are already showing to go massively online with their company replan. Soon enough, every person on the planet will be familiar with the internet and a massive part of a companies sales will come from this. I’m not saying bricks and mortar are really bad, but they are a big expense to companies and likely gain a lot lower margins than online sales, making companies that rely on this for a large proportion of their sales less likely to withstand hard times over the next 24 months or so All just my opinion,YI
MaX ProfOrdiS
06 Jun 2018
Re: Quiz anyone? Personally, I wasn't that impressed with QUIZ's results yesterday; turnover may have been up 30% but PBT was only up 5%. Interestingly this last percentage wasn't flagged in the financial highlights; looks as if somebody chose to deliberately "gloss over" this, not so flattering, KPI. Also, I rather suspect that the cautionary note about shop trading in April may not be the only blip in the next 12-24 months; I think the (perceived) lack of progress on Brexit is making everybody jittery.However, unlike younginvestor95, I'm not wholly wedded to an internet only business; if the like of Zara, Next and Amazon still think that there is a case for bricks & mortar then who am I to argue!However, just because Zara is able to successfully mix internet with bricks and mortar doesn't mean that QUIZ will automatically be successful; just look at H&M and New Look.I decided to bank a 30% profit on QUIZ yesterday because I thought it was looking as if it might sink back to pre-Monday levels. That might have been premature but for now I've decided to stick with just BOO.
