younginvestor95
27 Apr 2018
my estimate I think my estimate of 260-300p before the end of the year might come to light here. boohoo keeps proving itself over and over again.I just wish we could have some more director dealings happen to restore faith that they back their own company.if that were to happen i think we could see 200 by the end of next weekYI
sage in the hills
26 Apr 2018
Re: in the 20 seconds of closing bell ..... RAConnell ....said earlier 20p price drop "due to traders taking profits, "Also the cumulative bulk of trades seem to get bundled together and put through like this.That gave rise to a huge sp rise the following morning tooSAGE
Uncle Doug
26 Apr 2018
Re: in the 20 seconds of closing bell ..... Hmm ... yeah ... very strange day. Don't trust this lot. The directors usually sell when there's a sniff of consolidating a profit. I'm guessing that's what's going on here. Poor show that Carol Kane selling out last year - hardly a vote of confidence in her own company !!!!
sage in the hills
26 Apr 2018
Re: in the 20 seconds of closing bell ..... £1.5million and £2million trades going through there today .....SAGE
RAConnell
26 Apr 2018
Re: 20p range in one day !!!.... Traders taking quick profit.Cheers, RAC
sage in the hills
26 Apr 2018
20p range in one day !!!.... Was up at 189p in early morning,now at 170p 2.30pm.....absolutely extraordinary ....(How so ...? .....)SAGE
IOMINVESTCOM
26 Apr 2018
Boohoo valuation not reflecting opportunity, says Jefferies Boohoo valuation not reflecting opportunity, says JefferiesThe outlook for online fashion retailer Boohoo (BOOH) is better than the current valuation is factoring in, according to Jefferies.Analyst Niraj Amin retained his ‘buy’ recommendation and target price of 280p on the stock after the company reported full-year sales up ‘an impressive 97% and earnings up 60%’. The shares jumped 17% to 180.7p yesterday on the news.‘With 2019 set to be another strong year of 35-40% sales growth at a healthy 9-10% earnings margin, we believe the outlook for Boohoo is more encouraging than consensus and valuation currently presumes,’ he said.Amin added that the company was supporting growth by ‘continuing to invest in marketing, technology, and warehousing’.[link]
IOMINVESTCOM
25 Apr 2018
Paul Scott's view Boohoo.Com (LON:BOO)Share price: 177.6p (up 15% at 08:26)No. shares: 1,149.5mMarket cap: £2,041.5m(at the time of writing, I hold a long position in this share)Final results - for the year-ended 28 Feb 2018.This is a leading online fashion group, currently with 4 fast-growing brands - BooHoo, PrettyLittleThing, Nasty Gal, and BooHooMan.This share occupies a special place in my heart, as it was a stupendous performer for me, and many readers, when we spotted the wonderful buying opportunity at 24p, in Jan 2015 - after a profit warning.Today's results are sparkling, and look well ahead of market expectations.Adjusted diluted EPS came in at 3.23p, well ahead of forecast of 2.78pThere's a broker update note on Research Tree, which confirms the out-performance. It also raises its current year forecast by 12% to 3.68p.Given that the company has a history of beating forecasts, sometimes by a lot, then I imagine the out-turn for this year (ending 02/2019) would probably be nearer 4.0p EPS.If I'm right about 4.0p EPS for this year, then at the current price of c.177p, the PER is 44.3 - expensive by normal standards, but good value for a rapidly-growing, decently profitable eCommerce company. It's cheaper than Asos (where I have a short position), which doesn't make any sense to me - given that BOO is growing faster, cash generative, and makes a much higher EBIT margin than Asos.Other key points;Balance sheet is strong, with net cash of £133mWarehouse automation is coming in, with quick payback. This should drive margin improvements in future. Criticism of working conditions sounds wide of the mark;We have also opened substantial employee welfare facilities at the distribution and customer services centre, which includes a gym, exercise studio, leisure facilities and subsidised canteen. Cash generation is very good, but flattered by favourable working capital movement (increase in trade creditors). The business model has an inherently positive cashflow bias, because goods are sold online for cash, before the suppliers have been paid. So growth actually improves working capital.International growth is impressive - especially in the USA.Outlook - sounds encouraging;Trading in the first few weeks of the 2019 financial year has made a strong start. Group revenue growth for the next financial year (FY19) is expected to be 35% to 40% with adjusted EBITDA margin between 9% to 10% and capital expenditure of £50 to £60 million.GDPR - these new regulations, over data privacy, are coming into force shortly.Worries about this could well be behind the considerable fall in BOO shares since last summer. Although looking at the chart, it strikes me that the price overshot in what was then a raging bull market;5ae0361a1d1baBOO_chart.PNGI put the question to BOO management today, and was reassured that they're on the case with GDPR. They don't see it as a worry, although didn't give me any specifics on how they're dealing with it.My opinion - I'm kicking myself for reducing my position size recently, over GDPR worries, and also the downward drift in the share price. Other investors may not be aware of how incredibly ambitious this group is. They're seriously disrupting the High Street, with lower prices, and a much faster product cycle of "test and repeat". I think there is still a role for High Street clothes shopping, as it's more instant, and enjoyable as a leisure activity. However, the best online operators such as BooHoo are grabbing more market share, which is bound to cause some weaker High Street operators to disappear over time.Overall, I'm very happy to hold, and will be adding more to my position if the price drifts back down again.I'm listening to the results webinar now. Lots of interesting points;Low customer churn is impressive, at only 13% p.a. - so this group has a loyal customer base - which reduces my concerns about GDPR h
sage in the hills
25 Apr 2018
Summary statement ...good one : - ) Surging Boohoo sheds tears of joyGraeme Evans | Wed, 25th April 2018 - 12:28Surging Boohoo sheds tears of joyRecent scepticism towards Boohoo (BOO) was in danger of sounding a little hollow today as the online fashion retailer smashed City forecasts and reported further progress in its target of achieving £3 billion in global sales.Shares in the AIM-listed stock have struggled in recent weeks amid concerns about margins and fears that the stock has got ahead of itself after a spectacular 2016 and 2017 in which it surged by more than 400%.But the market swung back behind Boohoo today with a share price rise of more than 15% as the company highlighted the "great progress" enjoyed by the recent brand additions PrettyLittleThing and Nasty Gal.Manchester-based Boohoo, which has been successful in using social media and celebrity endorsements to appeal to the 16-30 age range, saw revenues almost double in the year to February 28 to £580 million. Underlying earnings were 60% higher at £56.9 million.Boohoo also forecast revenues growth of up to 40% for the current financial year following a strong start to 2018. Joint house broker Jefferies said the outlook was much stronger than the market had been expecting, prompting it to lift its underlying earnings forecast by 4% to £79 million.The team at Jefferies has a price target of 280p, which would represent a return to and above the record levels seen in June and September last year after a string of earnings upgrades from the company boosted broker sentiment.Source: interactive investor Past performance is not a guide to future performanceSince then, concerns over margin pressure caused by the cost of investing in price and promotions have taken the shine off Boohoo's reputation as one of AIM's top performers. A forward price/earnings (PE) above 50 added to concerns that the stock was overpriced.The group believes it can achieve a distribution network capable of generating £3 billion of net sales globally. In a sign of the changing dynamics of the retail sector, rival ASOS (ASC) recently declared its intention to achieve £4 billion of net sales as the world's "number one destination for fashion loving 20-somethings".To support this growth, Boohoo is continuing to invest heavily in marketing, technology and warehouse automation in order to generate economies of scale.A new building at the group distribution centre in Burnley will be ready for use in early 2019 and sufficient for an operation capable of generating over £1 billion in net sales. Pretty Little Thing is also to move into its own warehouse, while Nasty Gal is being supported through new offices in Manchester and Los Angeles.Analysts at joint broker Zeus said Boohoo was now trading on a 2019 enterprise value to earnings multiple (EV/EBITDA) of 22.5x, which falls to 17.7x in 2020.They highlighted the company's much improved year-end cash position of £133 million, which they said supported the management's ambitious growth targets.SAGE
sage in the hills
25 Apr 2018
in the 20 seconds of closing bell ..... Loads of quarter and half million pond trades going through ......SAGE
sage in the hills
25 Apr 2018
Additional riser ... Clipper re Boo " A new contract for logistics firm Clipper (CLG) with Boohoo's subsidiary PrettyLittleThings.com caused the stock to accelerate 3.6% to 456p."AJ BELLSAGE
younginvestor95
25 Apr 2018
Brilliant... director dealings? Knew results for the year would be good... pretty little thing is just all over the place itself as a brand! Delighted that the results are how they are and it keeps looking good, brilliant growth internationally too! Hopefully this means we might get a few director dealings back in the share and some more confidence this year ! BwYI
jaytee41
25 Apr 2018
Re: ....at 10am.... Congrats to all those that remained here. I bailed out a while back but it has been a good stock for me. Let's see if Carol takes more profit 
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sage in the hills
25 Apr 2018
....at 10am.... A lot of investors wont have seen or heard of this news yet.SAGE
sage in the hills
25 Apr 2018
Higher margins at PLT and NG ..signif.. PrettyLittleThing· Revenue £181.3 million (up 228% on 12-month comparative period)· Gross margin 55.2% (retail gross margin 57.2% (2017 12-month comparative: 57.3%)) Nasty Gal· Revenue £24.4 million· Revenue and customer growth both strong from start-up on 1 March 2017· Gross margin 59.6%The size and proportion of these revenues, in the total group picture, means that as the PLT and NG revenues grow further, their enhanced margins compared to current Boohoo alone, will enhance total group margins and profits.....These two metrics being the most significant for sp growth.Good news.SAGE
