Investors' Room :: boohoo.com plc........NEW HOT IPO. - MoneyAM - Free Share Prices, Stock Quotes, Charts, News, Level2

goldfinger - 07 Mar 2014 08:30

For Immediate Release
7 March 2014

boohoo.com plc
("boohoo" or the "Company")

Announcement of Placing details and Admission to AIM

Successful Placing to raise £300 million
Market capitalisation of £560 million at Placing Price
Trading starts 14 March 2014 on AIM

boohoo, one of the UK's largest pure-play online, own brand fashion retailers, today announces the successful pricing of its initial public offering ("the IPO") and the placing ("the Placing") of 600 million ordinary shares at 50p per share. It is expected that dealings will commence on AIM at 8.00 a.m. on 14 March 2014.

The Company designs, sources, markets and sells the latest on-trend fashions through the www.boohoo.com website to a core market of 16-24 year old consumers. boohoo is a well-established brand in the UK, Ireland and Australia and currently sells its products into over 100 countries.

boohoo is raising gross proceeds of approximately £300 million, £50 million of which will be used to accelerate its expansion and enhance its working capital base. A proportion of the money raised will be used as part of a multi-stage development plan to grow the Company's distribution facilities and repay the outstanding mortgage on its Burnley warehouse, in addition to funding the infrastructure and IT systems to support future international growth. Approximately £240 million will be used to repay the Convertible Loan notes held by the Company's existing shareholders. Following Admission the Board and the Kamani family will hold approximately 44% of the Company's enlarged share capital. On Admission, the Company is expected to have net cash of approximately £50 million.

The Company is expected to join AIM on 14 March 2014 with a market capitalisation at the Placing Price of approximately £560 million.

The Ordinary Shares will trade under the ticker "BOO" and the ISIN number is: JE00BG6L7297. Zeus Capital is acting as NOMAD and Sole Broker to the Company.

Company highlights

· A strong brand identity and competitive position
o Founded in 2006, boohoo has grown rapidly, developing a brand identity and an international online proposition, and now has over 2.3 million active customers, with approximately 140,000 new customers registering on the website per month
o High fashion, high quality and low price products
o Limited number of direct competitors, focused on a similar age group and price point

· Agile supply chain facilitated by a unique 'Trial and Repeat' model
o Trends transferred from catwalk to closet in as little as six weeks
o Low stock cover of just seven to eight weeks

· A successful track record of revenue generation and profit growth
o For the ten months to December 2013, sales increased by 70% to £91.9m and adjusted EBITDA grew 188% to £10.1m (versus £54.1m and £3.5m respectively for the same period in the prior year)
o Exclusively own brand offering, generating gross margins of over 60 per cent

· A highly experienced management team
o Founded by Joint Chief Executives, Mahmud Kamani and Carol Kane, who together have a long history of supplying fashionable clothing, accessories and shoes to high street retailers

· Demonstrated international growth
o Currently operates an English language website for all sales in the UK and globally and a local French language website launched in October 2013
o 37% of sales were international for the ten months to December 2013, growing from £18m to £34m

· A compelling growth market
o The global apparel retail market has grown at an average annual growth rate of 2.8% per annum since 2008 and is expected to be worth £987 billion by 2017. Online retail sales are forecast to take 23.5% of total fashion retail sales by 2016 in the UK
o Expansion of the current product range, will allow boohoo to broaden its appeal, supported by engagement through interactive content and marketing
o The Directors believe that boohoo's exciting growth prospects are underpinned by forecast growth in both the domestic and international online fashion retail markets, the Company's highly efficient sourcing model and a robust infrastructure development plan

Commenting on the announcement, Mahmud Kamani, Joint Chief Executive of boohoo, said:

"We are delighted to announce that our initial public offering has been successful. The placing and Admission to AIM marks a significant step for boohoo as we invest in this exciting growth opportunity underpinned by the rapidly growing online retail market.

We would like to welcome our new shareholders to the Company and look forward to continuing to develop our business providing market leading customer service for on-trend, value led fashion clothing and accessories as a publicly quoted company."

Carol Kane, Joint Chief Executive of boohoo, said:

"boohoo is a lifestyle driven, online destination and the 'go to' for the latest fashion trends at affordable prices. We are confident that our competitive position and growing customer base means that we are well placed to capitalise on the fast growing online fashion retail market. Our success to date, coupled with our exciting expansion plans, makes this an ideal time to bring the Company to AIM."

Enquiries:

boohoo.com plc
Mahmud Kamani, Joint Chief Executive
Carol Kane, Joint Chief Executive
Neil Catto, Chief Financial Officer

c/o Buchanan +44 (0)20 7466 5000
Buchanan - Financial PR adviser
Richard Oldworth
Helen Chan
Gabriella Clinkard

p.php?pid=legacydaily&epic=L^BOO&type=1&

p.php?pid=legacydaily&epic=L^BOO&type=1&

jimmy b - 07 Mar 2014 09:26 - 2 of 488

This is the IPO iv'e been interested in myself GF ...

goldfinger - 07 Mar 2014 09:33 - 3 of 488

Yep reckon a lot will be going for the Grey market.

If you look on thread.... Share Tips For 2014.....theirs quite a bit more info and interest in this one there. Looks like a few are interested.

Its all about how much you can get though.

If its rationed no chance Ill pass it up and probably buy when market gets going.

jimmy b - 07 Mar 2014 09:37 - 4 of 488

I saw your info on the other thread .Also Dc posted something way back about Koovos floating ,ex asos folk running that too.

goldfinger - 07 Mar 2014 09:50 - 5 of 488

Poundland might be one to go for aswel.

IG have got them pets at home and candy crush on grey market at the moment.

jimmy b - 07 Mar 2014 09:51 - 6 of 488

Is the float price a pound ??

goldfinger - 07 Mar 2014 10:12 - 7 of 488

LOL he he, good one.

Actualy that would have been a sound PR exercise and probably would have attracted a lot of media.

I know the CFO. Used to work alongside of him for a private accountancy firm.

jimmy b - 07 Mar 2014 10:19 - 8 of 488

GF i'd be a bit scared of buying at a pound ,in case they never went up :)) .

3 monkies - 07 Mar 2014 10:24 - 9 of 488

You can't get a refund either, one has to exchange it for something else!!!!! HA!

david lucas - 07 Mar 2014 11:40 - 10 of 488

The Boohoo float is through Zeus Capital. I rang them in Manchester and all the shares are placed. Typical! So who will be best to deal with on the grey market??

goldfinger - 07 Mar 2014 11:54 - 11 of 488

IG Index I reckon.

Goog jibes above you 2 lol. Exchange my pound poundland shares for a packet of Bic razors.

Mind I dont want a shed full.

goldfinger - 08 Mar 2014 15:15 - 12 of 488

Couple of bearish items today on this IPO.

I know investors always like to hear the good things but me being me I have to also make you aware of the bad (bearish ) things.

I had this report in my e-mail this morning..........

【UK Stocks 】 Boohoo Performs Poorly for Menswear Keywords
Inbox
x

EagleAlpha.com system@eaglealpha.com
7 Mar (1 day ago)

to me
Insight_header
Boohoo Performs Poorly for Menswear Keywords
UK Stocks

Our research shows that Boohoo performed well for womenswear keywords and for certain generic keywords but the website's ranking for menswear was notably poor. The keywords analysed were based on the product ranges on the Boohoo and Asos websites. There is a clear opportunity for Boohoo to improve its menswear ranking as its average ranking for 13 search phrases is 39th position. Asos' ranking across the 3 categories was extremely impressive and outperformed Boohoo for the majority of keywords.

Boohoo.com is set to list on Friday, March 14, according to the Financial Times. The online retailer will have a market capitalization of £560m. Boohoo is selling 55% of the business and the Kamani family will be left with 44% after collecting £240m.

The German search engine optimisation (SEO) tool Sistrix was used for the below organic search analysis. In total, Boohoo appears in the top 10 for 2,010 search phrases but this pales in comparison to Asos which has 9,554 top 10 rankings. According to Sistrix there are 4,736 keywords associated with Boohoo and 23,876 with Asos. Organic search results remain the most important as 77% of search users choose organic over paid listing when searching. Organic results are based on the Google search algorithms as opposed to results that are returned based on paid advertising.

Generic Keywords

It is striking that Boohoo ranks number one for the keyword "clothes" which is a high volume keyword. However, its search ranking is much more erratic than Asos with under-performance in keywords such as shirts, jackets and jeans.

Womeswear

An econsultancy report in 2012 found that almost two-thirds of generic womenswear search phrases are dominated by three phrases: "womens clothing", "womens clothes" and "ladies fashion". The table below illustrates that Asos performs extremely well for the three crucial phrases. There is also considerable scope for improvement for Boohoo with the keywords, boots, wellies, wallets and purses.

Menswear

There is no comparison between Boohoo's and Asos' ranking for menswear keywords. Boohoo is only ranked in the top 10 for two phrases while Asos is in the top 10 for all keywords. There is a clear opportunity for Boohoo to improve its menswear ranking as its average ranking for 13 search phrases is 39th position.

Why Google Ranking in the Top 10 is so Important

According to a study from Optify the top three organic search positions receive on average 58.4% of all user's clicks.

Keyword Opportunities

Sistrix has identified the below keywords as opportunities for the respective websites to improve rankings.

Recent Improvements in Boohoo's Rankings

SIstrix data shows that Boohoo has dramatically improved its ranking for key words "Skirt", "Party dresses UK" and " High heels."

Boohoo historical ranking for "Skirt"

Boohoo historical ranking for "Party dresses UK"

Boohoo historical ranking for "High heels"

Google Trends

The below Google trends chart shows that Asos (in red) has much stronger "interest over time" compared to Boohoo (in blue). This could be seen as a growth opportunity for Boohoo.............................ends

If you go to the site EagleAlpha.com system@eaglealpha.com

you will be able to see the charts they refer to above at the end of the piece.

Its free to sign up.

goldfinger - 08 Mar 2014 15:30 - 13 of 488

PLUS.... into days Daily Mail (saturday) its DOGBERRY of the day and as a go at director Carol Kane joint CEO.

Can anybody down load it ?im on the lap top fishing and cant do this with this clapped out article.

Does put ????????? marks in ones head.

I do know folk dont like to hear negative comment but I never shy from that, give it as it as I see it is my moral.

Ask Chris Carson on the footbal thread re- Rooney and my thoughts on him even tho I am a UTD fan.

goldfinger - 08 Mar 2014 15:37 - 14 of 488

Im re-thinking this through and remember this..........

Profits, like sausages....are esteemed most by those who know least about what goes into them. Goldfinger 8/03/2014.

doodlebug4 - 08 Mar 2014 16:20 - 15 of 488

gf, I can't find the article in todays Daily Mail - sorry. Like you I'm interested in this flotation, but keeping an open mind on it right now. I will probably wait to see how much the MMs mark it up at the start of trade on Friday.

ExecLine - 09 Mar 2014 11:26 - 16 of 488

http://www.dailymail.co.uk/money/markets/article-2575523/Boohoo-com-latest-retailer-raise-cash-London-stock-market-float-capital-raising-values-firm-560m.html

MaxK - 09 Mar 2014 11:35 - 17 of 488

Lest ye forget....

http://www.theguardian.com/technology/2005/may/16/media.business

goldfinger - 09 Mar 2014 12:03 - 18 of 488

Yep cheers Guys for the links.

Im now still undecided.

We all want to make money but what will the opening SP be.!!!!!!!!!!!!!!

cynic - 09 Mar 2014 15:01 - 19 of 488

imo, avoid ..... family controlled and that can't be good .... looks very much like a way for the family to line its pockets with mink and fill with much gold

dreamcatcher - 09 Mar 2014 17:43 - 20 of 488

The share offer is being used to fund overseas growth. Can see the sp spiking first day, like many recent IPO's. Perhaps it may be a while for enthusiasm for the stock to be justified by the price.
Its said they should do well abroad. I will wait for some update news. Yes they are following Asos steps, but nothing like Asos in profits or size, with a recent £10m profit. I will take a gamble on the sp rapidly spiking but will also fall before news to gain a better entry point.

doodlebug4 - 09 Mar 2014 18:18 - 21 of 488

I'm going to wait to see what the 8am opening offer price is on Friday before making a decision. I agree with dreamcatcher that the sp will spike rapidly early on Friday morning, the question is how long the spike will be sustained and how far it will go.

dreamcatcher - 09 Mar 2014 18:32 - 22 of 488

Agree doodlebug4, and it may come down to earth at a very good price. It's not going to build sales abroad over night. I know I'm comparing a pallet business with a clothes, but look what has happened with RM2 after its IPO and since not issuing news updates.

Greyhound - 10 Mar 2014 08:24 - 23 of 488

Well it wasn't easy getting into Koovs this morning. Also ex-Asos director/chair

jimmy b - 10 Mar 2014 08:32 - 24 of 488

What is the epic for that Greyhound please ?

Greyhound - 10 Mar 2014 08:43 - 25 of 488

KOOV. Lord Alli and Robert Bready are the management team ex Asos. Think of the demographic for India. I should set up a new chat for it but no time today.

jimmy b - 10 Mar 2014 08:45 - 26 of 488

Thanks ,i was waiting to have a look at this Greyhound .

Greyhound - 14 Mar 2014 08:29 - 27 of 488

Well that was some premium to have to pay but I still think it's cheap. Oriel out with buy rec

doodlebug4 - 14 Mar 2014 08:56 - 28 of 488

80p to buy at the opening, but pulling back a bit now.

cynic - 14 Mar 2014 10:47 - 29 of 488

i see it had a high of 85 from an offer price of 76 and has now come pretty much back to that with sellers far outweighing buyers

as i said early on - i wouldn't go near this
the only people to do well from this ipo will be the owning family - i.e. it's almost a total con

goldfinger - 14 Mar 2014 10:49 - 30 of 488

I got mine at 50p.................smirk.

cynic - 14 Mar 2014 10:57 - 31 of 488

well i hope you've sold them and banked the profit then

jimmy b - 14 Mar 2014 10:59 - 32 of 488

I didnt buy either ,why are you so sure this is a con cynic ?

cynic - 14 Mar 2014 11:02 - 33 of 488

because as far as i could see from w/e press, this is very tightly family controlled with all sorts of other little add-ons that looked to be solely for the benefit of the family

it all feels totally wrong as an investment - but then a number of companies that i think look right turn out horribly (GKP!) .... unlike sticky who apparently never ever makes a dud call :-)

goldfinger - 14 Mar 2014 11:49 - 34 of 488

Now come on cyners. Thats not fair.
I always own up to bad calls take ABG early this week on the talk thread........alders.

As a trader I do realise you have to take bad calls bad set ups, but you minimise the risk and get shot quickly. Learn learn learn is the call.

And at the same time be humble.

Greyhound - 14 Mar 2014 12:02 - 35 of 488

What's the stop more of the family equity becoming availale at a later date when they are £2-£3. My preference over the two this week is Koovs however, but hold both. The online market for this demographic has huge potential. Always a tough one, but Stalwarts like Sainsburys are not having a good time this year either.

goldfinger - 14 Mar 2014 12:04 - 36 of 488

Good point GH.

cynic - 14 Mar 2014 12:18 - 37 of 488

i confess I have an innate distrust of this sort of company, but then I don't like Chinese companies either!
btw, it's interesting to note that ASC has steadily fallen away over the last week or so .... I wonder if a reality check is about to commence

goldfinger - 14 Mar 2014 12:22 - 38 of 488

Whats wrong with the Chinese??????????? surely they cant be as corupt as our present Tory party.

cynic - 14 Mar 2014 12:26 - 39 of 488

oh shut up you stupid idiot! :-)

i am very serious about chinese companies though
we certainly deal with them ourselves, but we have to be triple careful with the contract and all the attaching bits - and still we get burnt from time to time
chinese business ethics are, shall we say, rather different from here in the west

with regard to chinese companies on AIM, you may like at some point to check through them and their performance
i won't touch them

goldfinger - 14 Mar 2014 12:33 - 40 of 488

Well yes I admit that re- chinese companys on AIM and due diligence.

BUT ...........YOU should do your own research.

cynic - 14 Mar 2014 12:41 - 41 of 488

that's why i don't buy them you muppet!

goldfinger - 14 Mar 2014 13:01 - 42 of 488

What YOU......... yove never dona bit of research in your life.

Your idle.

Look at me, 6.30 am while 5am day after.

I admit I catch up at the weekend.

cynic - 14 Mar 2014 13:03 - 43 of 488

for goodness sake!
just stop blowing your own trumpet, go away, take a pill, down your usual 3 lunchtime pints and go to sleep - come back perhaps another day

goldfinger - 14 Mar 2014 13:11 - 44 of 488

Cyners my appologies didnt mean it to come over that way. Sorry...............but im still ace.................kidding numpty.

cynic - 14 Mar 2014 13:21 - 45 of 488

it's ok old chap; i'm pretty much used to you, but you are a pratt at times :-)

goldfinger - 14 Mar 2014 13:44 - 46 of 488

LOL ..........I know.

But I still know where to make the bucks.................. never forget that.

cynic - 14 Mar 2014 13:46 - 47 of 488

only truly successful investment i've ever made was my little freehold in london - and that was pure luck

goldfinger - 14 Mar 2014 13:50 - 48 of 488

Must be skint then.

But its mind over matter, never ever be afraid to go against the crowd..................and Ive done it for 20 plus years.

Im still only 40.

Greyhound - 14 Mar 2014 17:38 - 49 of 488

Let's see where we are in a year ;)

Balerboy - 14 Mar 2014 18:19 - 50 of 488

GF....... nose and longer for you!!! lol

Dil - 16 Mar 2014 02:51 - 51 of 488

I'll be 18 next month gf :-)

david lucas - 17 Mar 2014 11:00 - 52 of 488

Dipped my toe in at 67.55 for 3000

goldfinger - 17 Mar 2014 15:32 - 53 of 488

Chart placed in header.....he he.

Balerboy - 18 Mar 2014 08:28 - 54 of 488

mr lucas getting burnt today.,.
edit: probably GF too.,.

cynic - 18 Mar 2014 08:30 - 55 of 488

ASC will have spooked this mug-punter share and also koovs i dare say

goldfinger - 18 Mar 2014 08:57 - 56 of 488

No Balerboy aka Master RSI. ive done very well out of this.

Check the thread.

lovely profit.

goldfinger - 18 Mar 2014 09:00 - 57 of 488

Only one way to deal with idiots ....filter them.

Balerboy aka Master RSI filtered.

david lucas - 18 Mar 2014 09:13 - 58 of 488

Not burnt but going to enjoy the ride. That is why I buy 3000 so it gives me a bit of fire power left. Plus you do not expect to win them all! Stick it to them GF we shall show them.....by making money.

goldfinger - 18 Mar 2014 09:21 - 59 of 488

Hi david just filter the numpty.

Anybody who wants others to lose money is not a full bag of crisps or is jealous.

No doubt hes been spurred on by the idiotic ramblings of cynic a well known loser, who makes the little amount of money he does make off the backs of others.

Its just not worth the time and effort responding to a pair of clowns like them.

Use the squelch button and move on.

Balerboy - 18 Mar 2014 09:25 - 60 of 488

lol.... love you too gf.,. xx

Balerboy - 27 Mar 2014 22:38 - 61 of 488

loadsadosh made on this one.,.

Greyhound - 23 Apr 2014 15:22 - 62 of 488

Quietly heading higher.

irlee57 - 03 Jul 2014 11:00 - 63 of 488

any ideas on boo rise this morning.

Greyhound - 03 Jul 2014 14:48 - 64 of 488

Yes, N+1 Singer with new buy rec, tp 58p. There may be something from Numis too??

irlee57 - 03 Jul 2014 15:52 - 65 of 488

thanks for that grey hound

tomasz - 14 Aug 2014 13:03 - 66 of 488

Opportunity arised to me here. pretty quiet here... all wrong and gone perhaps....., 38.8 L

tomasz - 19 Aug 2014 21:04 - 67 of 488

finally movement today

Chris Carson - 19 Aug 2014 23:50 - 68 of 488

It's a piece of shite tomasz, , Try taking a couple of Dulcolax tablets, you know it makes sense :O)

tomasz - 26 Aug 2014 13:55 - 69 of 488

baby is moving , its very nice that we trying take out 43.91..that would be first step done.

tomasz - 26 Aug 2014 16:51 - 70 of 488

Good close 45.moving forward.should made few more.

tomasz - 27 Aug 2014 10:04 - 71 of 488

My little baby here is going really really nicely , 48-49 is a first test, sir newton bring something, object in motion stay in motion! :)

Greyhound - 27 Aug 2014 12:00 - 72 of 488

Rising on the back of Asos I imagine.

tomasz - 12 Sep 2014 08:10 - 73 of 488

nice revenue up

cynic - 12 Sep 2014 09:04 - 74 of 488

another mug-punter's share like KOOV

tomasz - 12 Sep 2014 09:35 - 75 of 488

more like you are a mug-punter , don't you think...:)

tomasz - 15 Sep 2014 09:56 - 76 of 488

46 and retail chasing ,things looking good

tomasz - 16 Sep 2014 09:41 - 77 of 488

Heavy enough at 47 for me so daddy is out.

Greyhound - 18 Sep 2014 12:27 - 78 of 488

Quietly back on the rise. Still a good long term play in my opinion.

Greyhound - 18 Sep 2014 12:31 - 79 of 488

Shore Capital new buy rec yesterday (not sure of target price), Jefferies and Oriel buy recs last Friday, tp 68p and 72p respectively.

doodlebug4 - 07 Jan 2015 09:15 - 80 of 488

boohoo.com FY to be below market forecasts

StockMarketWire.com

boohoo.com's revenues rose to £50.8m in the four months to the end of December - up 27% at constant exchange rates - after a record week over 'Black Friday'.

But it says that full year results are likely to be below current market expectations

The online fashion company said gross margins rose by 30bps to 59.9% and it had 2.9 million active customers - up 31% on a year ago.

A trading statement said: "We announced in our interim results statement in mid-October that we had managed our marketing spend and growth in the early part of this period, whilst also delivering the successful implementation of the new warehouse management system and fully responsive website. Marketing was then increased to stimulate sales, however, the resultant growth was less than anticipated. We believe this was principally due to heavy promotional activity on the UK high street arising from the warm autumn season.

"Despite the challenging high street trading environment, we had a record week over "Black Friday". The investment made in the warehouse and IT enabled us to execute on handling this peak in gross demand which was 2.4 times our previous busiest day whilst maintaining our promise to the customer.

"Our international pricing initiatives produced encouraging results with constant currency growth of 20% in Australia and 41% in the US. Within the 41% constant currency growth achieved in the Rest of Europe, France was particularly strong.

"In light of the prevailing sales momentum in the business, we expect the full year results to be below current market expectations. We now anticipate growth for the second half as a whole to be in line with the 25% growth for the four month period to 31 December 2014. As a result we also expect the EBITDA margin for the full year to be in line with the first half at approximately 10%." Joint chief executives Mahmud Kamani and Carol Kane said "Whilst the period proved a challenging trading environment, we have still grown the business by 25%, albeit short of our previous expectations. We are very confident that our fashion credentials, pure play online model and the significant investment in infrastructure will continue to drive growth in the UK and internationally."

Story provided by StockMarketWire.com

cynic - 07 Jan 2015 09:22 - 81 of 488

i was amazed to see this one touted as a share for 2015, and it was clearly a singularly misguided tip too

i see above that i was castigated for calling this a mug-punter's share, but i look to have been absolutely correct ..... and KOOV is not much better

hangon - 07 Jan 2015 14:50 - 82 of 488

I though boohoo was a internet success way back 2000 and then fizzled out losing shareholders £ots. dunno. Perhaps it went private and they are hoping to make fortunes again via the 2014-IPO...?
With on-line being somewhat saturated, I think I'll watch and learn.
The recent fall suggests cynic is talking good sense. . . . but I don't see why the Market is dumping the stock...currently 22p

mentor - 07 Jan 2015 15:05 - 83 of 488

No strange the share price reaction to bad news
Any share trading on Prostective PE of over 100 and then profit
warning is going to he hammered although already well down from the IPO price 50p

Chart.aspx?Provider=Intra&Code=boo&Size=

Chart.aspx?Provider=Intra&Code=boo&Size=

Well done for those who avoided the stock
1st time posting here

cynic - 07 Jan 2015 15:38 - 84 of 488

but you can bet that, as with KOOV, the founder directors stuffed their bank accounts to the brim

Energeticbacker - 25 Feb 2015 14:26 - 85 of 488

Revenue for the year ending February 2014 was a relatively modest £110m, with operating profit £11m. With revenue for the 10 months to end December 2014 £118m the growth is still clearly excellent - but is it enough to justify the premium rating which should imply an element of long term continuity? Read more at http://www.investorschampion.com/ or http://tinyurl.com/okelz8d

cynic - 16 Jul 2015 08:16 - 86 of 488

i admit to having been scathing in the past about this company (and KOOV)
however, i have recently seen some of BOO's tv advertising and it really is very professional and impressive indeed
they have clearly identified their specific target market and are focussed on it

i shall add this to my watchlist

cynic - 28 Aug 2015 16:04 - 87 of 488

hmm! ...... so just bought 5,000 and may add in due course

Chart.aspx?Provider=EODIntra&Code=BOO&Si

Greyhound - 28 Aug 2015 16:12 - 88 of 488

That's unlike you cynic - are you buying Koov's too ;)
I still think they'll both come good. If anything I prefer Koovs

cynic - 28 Aug 2015 16:52 - 89 of 488

KOOVs always struck me as a company with carpetbagger directors

Balerboy - 28 Aug 2015 18:17 - 90 of 488

beat you too it cyners & greyhound, I thought the same with a lot of luck these teens with no value or sense of money will hopefully make this another asos....... fingers crossed for a good statement on the 31st.,.
Edit: 29th Sept results.,.

cynic - 07 Sep 2015 08:12 - 91 of 488

fwiw - N+1 Singer raises target price to 40p; rating buy

Greyhound - 07 Sep 2015 08:17 - 92 of 488

Tipped in Small Company Share Watch.

Greyhound - 07 Sep 2015 08:19 - 93 of 488

Stifel also buy rec on 1st Sep, target price 39p, Investec 21st Aug tp 46p, Jefferies 19th Aug tp 38p

cynic - 14 Sep 2015 08:14 - 94 of 488

don't forget interims due 29/9 ..... nor that even the "recovered" sp is still 32% below issue price

HARRYCAT - 16 Sep 2015 14:16 - 95 of 488

Are you adding Mr C? Nice rise up to interims would be good and then sell on the news?
Declared short interest only 1.12% so nothing to worry about there.......yet.

cynic - 16 Sep 2015 15:45 - 96 of 488

i added twice and now have as many as i want, though the outlay is still fairly modest

HARRYCAT - 22 Sep 2015 17:18 - 97 of 488

Another pump & dumper! Currently dump.

cynic - 22 Sep 2015 17:48 - 98 of 488

we shall see ..... i'm at about b/e and am happy to hold longer term anyway

HARRYCAT - 22 Sep 2015 18:29 - 99 of 488

Regret this is a trading stock for me. Retail clothing is so fickle that I have no confidence in a long term investment. Will add at 28p.....hoping that the 200 holds.

cynic - 23 Sep 2015 08:12 - 100 of 488

generally i would agree with you, and hence my antipathy to ASC
however, having rubbished this one in its early days, i have been impressed by its focused and slick television advertising
with sp still 25/30% below issue, it looks a decent bet

i also continue to hold faith with NXT

cynic - 29 Sep 2015 07:39 - 101 of 488

will the results be good enough for this dire market?

Boohoo first half profit up 39 pct
H1 revenue rose 35 percent to 90.8 million stg
H1 profit before tax 6.27 million stg versus 4.50 million stg, +39%
UK sales up 30%, Rest of Europe up 19% (34% cer), Rest of World up 65% (75% cer)
Gross margin 60.1%
8.4% EBITDA (adjusted) margin (2014: 10.1%), reflecting investment in price, promotions and marketing
Autumn/winter marketing campaign #WeAreNow is supporting a good start to second half

HARRYCAT - 29 Sep 2015 08:37 - 102 of 488

Looking good and my only blue today....so far.

cynic - 29 Sep 2015 08:42 - 103 of 488

happy to have banked my adequate profit at 34.75

HARRYCAT - 29 Sep 2015 08:50 - 104 of 488

Ah, so you are also trading it!

cynic - 29 Sep 2015 09:02 - 105 of 488

i said i was happy to hold longer term, but in the event, a respectable profit presented itself, and in these markets, i'm thankful for small mercies

HARRYCAT - 29 Sep 2015 09:08 - 106 of 488

I agree. Any opportunity to bank a profit is gratefully received. If the sp dips back again sub 32p then I would be happy to buy back in.

Greyhound - 29 Sep 2015 10:42 - 107 of 488

Today's rec updates:

Investec buy tp 46p
Jefferies buy tp 38p
Stifel buy tp 39p
Barclays equalweight 31p

cynic - 29 Sep 2015 11:02 - 108 of 488

it is moderately amusing that none has a target above the initial offer price of 50p

cp1 - 30 Sep 2015 09:41 - 109 of 488

The other dog fashion ipo disaster float MYSL might be worth keeping an eye on.

Somebody been hovering up stock last few days clearing out a seller. That one been north of 200p now 56p and they're now profitable.

cynic - 30 Sep 2015 10:02 - 110 of 488

you'll be recommending to buy KOOV next :-)

HARRYCAT - 21 Oct 2015 08:30 - 111 of 488

Final results due end of March 2016, so will include Christmas trading period. Can't see this going anywhere at the moment. Lets hope their Christmas trading strategy is correct!

HARRYCAT - 21 Oct 2015 17:29 - 112 of 488

No sooner said that the sp is going nowhere, it then goes up 1p in a day!

Balerboy - 21 Oct 2015 17:57 - 113 of 488

Goody

cynic - 22 Oct 2015 08:42 - 114 of 488

may have to buy back into these, but not today :-)

HARRYCAT - 22 Oct 2015 12:43 - 115 of 488

Blimey! 37p. Probably a bit too fast to be sustainable, but no complaints.
Possibly following the ASOS trend atm.

cynic - 22 Oct 2015 13:08 - 116 of 488

this has had a solid run of late though even now it is well below the initial offer price of 50p
having been scathing about this stock in the past (along with KOOV which still merits same), i have been impressed by the tv advertising campaign, which is focused and very professional

i made a few bob on these a month or so ago, and may well pop some into my sipp in due course
however, with no figures due until march, i see no great hurry

Greyhound - 22 Oct 2015 16:23 - 117 of 488

Could quite easily target 40p short-term which marked the point prior to profit warning at the start of the year, until more data available.

HARRYCAT - 26 Oct 2015 11:46 - 118 of 488

I had a limit sell on which triggered at 38p (bought at 32p), so am now out and waiting for a pullback. Probably a little more to go, but started to get nervous that the rise is a little too far, too fast.

HARRYCAT - 02 Nov 2015 10:57 - 119 of 488

Sp holding up well, with no pullback yet, which is not what I had planned! :o(

HARRYCAT - 06 Nov 2015 12:54 - 120 of 488

Jefferies International reiterates buy on Boohoo.com, target raised from 38p to 47p.

HARRYCAT - 19 Nov 2015 19:01 - 121 of 488

Sp starting to look interesting again as a buy.

HARRYCAT - 12 Jan 2016 08:32 - 122 of 488

StockMarketWire.com
Fashion group boohoo.com describes trading in the four months to the end of December as very encouraging across all regions, with overall revenue growth of 45%, up 49% at constant exchange rates.

UK revenues were up 45% with the rest of Europe up 33% (44% CER) and the rest of the world up 52% (63% CER).

Highlights:
* Retail gross margin 57.0%, down 290bps on prior year driven by planned investments in price and customer proposition: marketing expenditure reduced as a percentage of sales, offsetting retail margin decline

* Overall gross margin 55.7% reflecting growth in third party sales

* 3.9m active customers, up 33% on prior year

* £58.7m cash on balance sheet

Join chief executive Mahmud Kamani and Carol Kane said: "Trading in the four months to 31 December 2015 has been very encouraging across all regions, with overall revenue growth of 45% (49% CER). We have continued to optimise the mix of promotional and marketing spend to drive strong retail growth, reducing the proportion of marketing expenditure, offsetting the 290bps decline in retail gross margin, which includes the adverse impact of exchange rate movements. Gross margin has also been impacted by 130bps due to the growth in third party sales.

"Our investments in the customer proposition have resulted in higher conversion rates, increased order frequency and lower customer acquisition costs. Operational successes include the new warehouse extension entering into full service, giving us the capacity required for business expansion, and the new UK app, which has improved the overall shopping experience.

We remain confident of trading in the remaining two months of the financial year and now expect revenue growth for the full year to be marginally above previous guidance of 30% to 35%. We are trading in line with current market expectations for EBITDA as we continue to invest in driving growth and building market share across our key markets."

Balerboy - 12 Jan 2016 16:24 - 123 of 488

OH YES.

HARRYCAT - 02 Feb 2016 09:00 - 124 of 488

Liberum Capital today initiates coverage of Boohoo.com Plc (LON:BOO) with a buy investment rating and price target of 55p.

Balerboy - 02 Feb 2016 15:23 - 125 of 488

Another asos in the making.....

cynic - 02 Feb 2016 17:38 - 126 of 488

may get back into these for reasons previously stated

HARRYCAT - 04 Feb 2016 09:26 - 127 of 488

Too far, too fast imo. Possibly worth waiting for a trough before buying.

Greyhound - 04 Feb 2016 12:54 - 128 of 488

2/2 Shore - no tp
2/2 Liberum tp 55p
1/2 Stifel tp 41p
20/1 Barclays tp 45p
13/1 Peel Hunt tp 50p
12/1 Investec tp 46p
12/1 Jefferies tp 47p
12/1 Panmure tp 35p (the only hold)
12/1 N+1 S tp 44p

Balerboy - 04 Feb 2016 18:34 - 129 of 488

Lot of brokers for a small comp. Needs a rest soon Harry as you say, time to sell half soon . 50p would be nice.

Balerboy - 05 Feb 2016 17:43 - 130 of 488

Broken out of bollinger band, will have to watch Monday.

cynic - 05 Feb 2016 17:55 - 131 of 488

indeed, though i do not currently hold - a bit annoying

however, the markets in general are looking very glum and are patently very unstable, so it may be there'll be a sharp correction here, purely because this sort of share will often shed many pennies in this such times

Balerboy - 08 Feb 2016 11:59 - 132 of 488

Didn't listen to myself. Only a small drop at mo, maybe hang on and top up on low.

HARRYCAT - 08 Feb 2016 12:34 - 133 of 488

Sub 41p would certainly interest me. Markets looking at further downside this afternoon when US opens.

Balerboy - 08 Feb 2016 13:20 - 134 of 488

And yet it's bounced as we speak.

Balerboy - 08 Feb 2016 13:20 - 135 of 488

.

HARRYCAT - 08 Feb 2016 13:28 - 136 of 488

Yes, there are always going to be people who think sub 42p is good value, but I would be surprised if we don't see further downside over the next few days.
I am trading this as I go. I am not happy holding any clothing retailer as I don't understand the retail sector at all. Far too fickle, imo.

Balerboy - 08 Feb 2016 13:40 - 137 of 488

Yet teenagers spend as if there's no tomorrow. I know I have one, am confident fashion is never going away.

HARRYCAT - 08 Feb 2016 13:55 - 138 of 488

Ah yes, but which fashion? Here today, gone tomorrow for some of them, just because a celebrity is or isn't wearing a certain item of clothing.
Apparently some students don't even bother to wash certain items of clothing any more. They just wear them once and buy another multi-pack from Primark or similar!

Balerboy - 08 Feb 2016 14:00 - 139 of 488

To which boohoo subscribe I think.

cynic - 08 Feb 2016 14:07 - 140 of 488

boohoo has identified and targeted its market very well

HARRYCAT - 09 Feb 2016 10:12 - 141 of 488

Hmm.......40p approaching.

HARRYCAT - 09 Feb 2016 17:51 - 142 of 488

Think somewhere around 39p might be the entry point........depending on whether the whole market continues the slide.

Balerboy - 11 Feb 2016 19:22 - 143 of 488

Bloody knew I should have sold some at 44p......... are you in now Harry?

HARRYCAT - 12 Feb 2016 08:10 - 144 of 488

Not yet. Will wait to see how the DOW is due to open later. But BOO definitely on my shopping list as a trading play. I won't be holding for long.

cynic - 12 Feb 2016 08:45 - 145 of 488

there looks to be an awful lot on offer at 41

Balerboy - 12 Feb 2016 14:10 - 146 of 488

Think a top up at 39p may be coming.

HARRYCAT - 12 Feb 2016 15:04 - 147 of 488

On the basis that next week will probably see more downside in the markets, I am waiting for the BOO sp to hit the 200 DMA, so 38p or a little lower is my buy target.

HARRYCAT - 04 Mar 2016 13:42 - 148 of 488

I got greedy with my 38p target and missed the boat! Nice gentle uptrend so hope you are still riding the wave Bb?

Balerboy - 04 Mar 2016 15:15 - 149 of 488

I am, but like you missed topping up. Am happy to hold what I have with an ave, 30p :))

Balerboy - 07 Mar 2016 08:21 - 150 of 488

On the move up again.

HARRYCAT - 11 Mar 2016 14:18 - 151 of 488

I think that the company may be due to release a statement concerning trading over the last two months. Lets hope that they had a good Christmas.

cynic - 11 Mar 2016 15:39 - 152 of 488

there's plenty on offer at 41.50, and how much upside is hard to judge

HARRYCAT - 14 Mar 2016 09:26 - 153 of 488

Am back in at 40.5p. Target......44.5p to start with. Trading statement might change target.

HARRYCAT - 22 Mar 2016 12:08 - 154 of 488

.

HARRYCAT - 22 Mar 2016 12:08 - 155 of 488

Notice of Preliminary Results
boohoo will be announcing its Preliminary results for the year ended 29 February 2016 on Tuesday 26 April 2016.

A meeting for analysts will be held at 9am at the offices of Buchanan, 107 Cheapside, London, EC2V 6DN on Tuesday 26 April 2016.

HARRYCAT - 30 Mar 2016 08:22 - 156 of 488

Trying to breach the 44p level again. Am selling.

Balerboy - 30 Mar 2016 19:53 - 157 of 488

Old mutal bought a big chunk. Should have topped up at 39p.....

Balerboy - 30 Mar 2016 19:57 - 158 of 488

Am holding, not broke out the bollinger bands yet.

HARRYCAT - 31 Mar 2016 08:26 - 159 of 488

Don't forget I am trading the stock Bb, and am successfully making approx 10% per trade. Will watch for a pullback. I expect the sp to rise approaching the results in late April. No idea if they have done well or not though.

HARRYCAT - 12 Apr 2016 08:19 - 160 of 488

Final results Tues 26th April 2016.

Balerboy - 13 Apr 2016 10:56 - 161 of 488

You got out too early harry.

HARRYCAT - 13 Apr 2016 11:43 - 162 of 488

Story of my life!!!! ;o)

I will keep trading this though, as there are peaks and troughs.

HARRYCAT - 18 Apr 2016 08:26 - 163 of 488

Appointment of Non-Executive Director
Boohoo, one of the UK's largest pure-play online, own brand fashion retailers, is pleased to announce that Sara Murray is joining the Board as non-executive director with immediate effect.

Sara is a serial entrepreneur who has successfully started, grown and sold three technology companies. Her first business, Ninah Consulting, a specialist management consultancy focused on pharmaceutical, retail and financial services strategy was sold to ZenithOptimedia, a subsidiary of Publicis Groupe in 2003. She founded and built Inspop Ltd, owner of Confused.com, the online insurance marketplace which was sold to Admiral Group in 2002. Sara also started Buddi, the leading remote health and location monitoring technology business in 2005. In addition, Sara is an Executive Committee/ PLC Directors' Advisor to Travis Perkins plc.

Peter Williams, non-executive Chairman, commented:
"I am delighted to welcome Sara to the Company. Her experience in founding and developing successful technology businesses will be a great asset to the board. Sara's entrepreneurial spirit perfectly reflects boohoo's culture and growth ambitions and we very much look forward to working with her."

Balerboy - 18 Apr 2016 19:42 - 164 of 488

50P..... FIFTY PENCE CRACKED...... whooo hooooooo. Kerching... Sorry harry it had to be said.,.

HARRYCAT - 18 Apr 2016 20:12 - 165 of 488

Well done Bb for keeping the faith!

HARRYCAT - 26 Apr 2016 08:05 - 166 of 488

StockMarketWire.com
boohoo.com's pre-tax profits rose by 42% to GBP15.7m in the year to the end of February.

Revenues were up 40% at GBP195.4m and gross profits rose by 33% to GBP112.9m although margins of 57.8% were down from 60.8% last time.

Joint chief executives Mahmud Kamani and Carol Kane said: "We are pleased to report a year of strong revenue growth across all geographic regions. Active customer numbers, order frequency and conversion have all increased on last year as we continue to invest in building customer lifetime value. By refining the mix of promotional and marketing expenditure in each of our key markets, we have achieved growth ahead of our plans.

"The expansion of our product range has been very well received by our customers and contributed to the strong growth, with the new petite range performing very well along with plus-size which was introduced last year and continues to grow rapidly.

"We have enhanced the mobile experience through new apps in UK, USA and Australia as well as introducing more flexible delivery and return options and later next day delivery cut off times.

"The warehouse extension has enabled us to operate smoothly through the peak period this year and will provide sufficient capacity for future growth. We have also secured additional office premises adjacent to our head office in central Manchester which will be developed during 2016.

"The worldwide market for internet fashion sales continues to expand as shopping preferences lean towards the convenience and price advantage afforded by internet retailers. We have built a brand and infrastructure to capitalise upon this opportunity and we will continue to grow our market share globally by focussing on key markets.

"We have had an encouraging start to the 2017 financial year and we currently anticipate sales growth of c.25% for the financial year, in line with current market expectations. We will continue to look at opportunities to invest in incremental growth, which may impact margins on a short term basis, although we will look to maintain EBITDA margins at similar levels to the financial year just ended (in line with current market expectations)."

Balerboy - 26 Apr 2016 15:55 - 167 of 488

OH YES!

HARRYCAT - 27 Apr 2016 07:40 - 168 of 488

Don't forget to take profit Bb. Looks like the SP is heading down in the short term.

Balerboy - 24 May 2016 08:46 - 169 of 488

Who was it told me to take profit..... @48p ... :)

HARRYCAT - 24 May 2016 08:49 - 170 of 488

Yep, still looking good Bb, though at some point it would be advisable, imo, to take some profit. Nice steady rise though on the chart. Difficult to say if it is now reasonably valued. Market Cap of £581m, PE 38, forecast EPS growth c25%.

Balerboy - 27 May 2016 20:27 - 171 of 488

No I meant I did take profit at 48p .... lol.still got main holding. :()

HARRYCAT - 08 Jun 2016 08:03 - 172 of 488

StockMarketWire.com
boohoo.com's revenue rose to £58.2m in the three months to the end of May - up 41% on a year ago and 42% at constant exchange rates.

The group reports a strong UK performance supported by third party sales.

Retail gross margin was57.6%, down 300 bps on prior year, driven by planned investments in price and customer proposition.

Marketing expenditure reduced as a percentage of sales, offsetting retail margin decline.

Other highlights:
- Overall gross margin 56%

- 4.2 million active customers, up 30% on prior year

- £61m cash on balance sheet Joint chief executives Mahmud Kamani and Carol Kane commented: "We are encouraged by our performance in the first quarter, with revenue growth in all geographic regions and slightly ahead of our expectations. Our international business continues to gather momentum and accounts for 36% of revenue. "Profitability has improved as marketing expenditure, as a percentage of revenue, has been reduced, in line with our strategy of improving the customer proposition to build customer lifetime value.

"We continue to broaden our product range, increase our fashion appeal and offer incredible prices. Active customer numbers, order frequency, basket size and conversion continue to climb. "Our warehouse expansion programme continues with the fit-out of three additional mezzanine floors nearing completion and planning is underway for a new building on the adjacent site to meet our future capacity requirements. "We now expect sales growth for the financial year of between 25% and 30%. We expect EBITDA margins in line with last year although we will look at opportunities to drive incremental growth by investing in the customer proposition and our international markets. We continue to execute on our strategy and refine our ecommerce platform to deliver a market-leading shopping experience for fashionable product at incredible prices."

HARRYCAT - 08 Jun 2016 09:30 - 173 of 488

Peel Hunt today reaffirms its buy investment rating on Boohoo.com Plc (LON:BOO) and raised its price target to 70p (from 60p).

HARRYCAT - 08 Jun 2016 13:46 - 174 of 488

Jeffries comment today:
"Our conclusions. A strong beat and raise start to the year thanks to results of prior year investment. A guide of c.25% revenue growth for FY17 moves up to a range of +25% to +30%; however, as the company sees this growth come through, it will be ploughing it back into the business, maintaining EBITDA margins around 9.5%-10% over the next few years.
Valuation/RisksWith boohoo showing strong growth all down its P&L, we put it on a peer group P/E and PEG mean multiples of 41.6x and 1.2x to get to our new PT of 65p, 38.0x 2017 P/E, Buy. Key risk is execution, eCom and technology.

HARRYCAT - 08 Jun 2016 13:49 - 175 of 488

Citigroup note:
"boohoo has announced a very strong trading statement with overall sales growth of +41%. The UK sales growth of +42% is particularly strong given the recent weakness in apparel sales, again highlighting how the structural shift to online retailing has not decelerated. Based on the strong 1Q trading and the slight raise to guidance (FY17 sales +25-30% from c.+25%), it is likely that consensus forecasts nudge up on the back of this statement.
1Q sales +41% (Citi +30%)
This splits UK +42%, Rest of Europe +40% and Rest of World +37% (Citi +30%, +30%, +30%). In ccy neutral terms growth was +42% for the group with RoE growing at +43% ccy neutral. Overall this compares to growth of +35% in the same period last year and represents a 2-year growth of +75%, ahead of the 2-year growth of +64% reported in 4Q16.
Gross margin 57.6%, -300bps yoy (Citi -350bps)
Gross margin came in at 57.6%, -300bps yoy, driven by planned investments in price and customer proposition.

Guidance raised slightly
boohoo has raised sales guidance to +25-30% yoy, from c.+25%. boohoo expects EBITDA margins to be level yoy.
Implications
FY17e consensus PBT expected to rise marginally — Based on the strong 1Q trading and the slight raise to guidance, it is likely that consensus forecasts nudge up on the back of this statement. For the record, Citi forecast FY17e PBT of £19.5m, (EPS 1.37p, +26.3% yoy), based on sales growth of +25%, GM -170bps and EBIT margins up +10bps yoy.
Growth and profitability justify value
boohoo is a profitable online retailer that generates healthy cashflow. Despite inevitable expansion risks and our preference for aggregation models, we see boohoo as offering long-term structural growth within a clearly-defined market segment where it has significant operational advantages vs peers. Our base case is that margins will be broadly maintained as the company grows. In conjunction with a strong balance sheet, this drives our enthusiasm for the shares.
Buy, target price 65p
Our 65p target price is based on a 10-year DCF. This incorporates a +14% 2017-27e sales CAGR and a terminal EBIT margin of 8%. On 2019e numbers, this equates to a 1.7x EV/Sales multiple and a 31x PE multiple."

Balerboy - 12 Jul 2016 08:09 - 176 of 488

Nearly at city group target . +60p today. Glad I topped up when I did.

HARRYCAT - 22 Jul 2016 15:08 - 177 of 488

Barclays Capital today reaffirms its overweight investment rating on Boohoo.com Plc (LON:BOO) and raised its price target to 68p (from 60p).

Balerboy - 25 Jul 2016 19:44 - 178 of 488

+63p today. Lubly jubley

Balerboy - 26 Jul 2016 08:22 - 179 of 488

+64p

Balerboy - 26 Jul 2016 08:35 - 180 of 488

Motley fool take on boohoo.
Boohoo.Com (LSE: BOO). The online fashion retailer has international operations, so weakness in the UK economy may be offset by strength from its foreign operations. Furthermore, Boohoo is a relatively cheap place to shop and so it could enjoy a boost to sales if shoppers feel the pinch and decide to trade downwards. This is what occurred during the credit crunch and history could well repeat itself in 2016 and beyond.

In addition, Boohoo sells its own-label products. This means that over recent years it has built up a degree of customer loyalty that could make its goods less price elastic. This could shelter Boohoo from a potential downturn in the UK economy and with its shares trading on a price-to-earnings growth (PEG) ratio of only 1.3, they seem to offer a sufficiently wide margin of safety to merit purchase at the present time.

Balerboy - 27 Jul 2016 08:49 - 181 of 488

Hitting 66 p today.

Balerboy - 27 Jul 2016 09:45 - 182 of 488

Going for it today, up 3% to nearly 68p. Rock on Tommy.

andysmith - 27 Jul 2016 13:00 - 183 of 488

Bought into this last week at 61p, good timing. Has the potential to be the next ASOS although maybe not expecting those kind of returns. I did some personal research and most young women at work are aware of the brand and have bought items, even my wife is aware of them. Boohoo.com comes up on google just by searching for other items and even comes up as suggestions via ebay pages. You can also buy their brand via Next online. The brand is in the range that should avoid any negative economic impact as women always buy affordable clothes and love to impulse buy online. Have put this one away as a growth stock for the future and will add as and when I have spare cash.

Balerboy - 27 Jul 2016 14:10 - 184 of 488

50% up on my investment now...... got a whole pound to spend.....:)

Balerboy - 28 Jul 2016 08:48 - 185 of 488

70 + looks to be on the cards today.

Balerboy - 03 Aug 2016 15:23 - 186 of 488

70.12p crossed.... Yeeeeha aa.

Balerboy - 03 Aug 2016 18:29 - 187 of 488

71.25p up 3p today.

Balerboy - 04 Aug 2016 08:58 - 188 of 488

Up nearly 4% in an first hour.

andysmith - 04 Aug 2016 13:30 - 189 of 488

Holding and adding to these, could be 350p in 3-5years

Balerboy - 04 Aug 2016 13:50 - 190 of 488

Think you'll find these moving quicker than that if they have
a good Xmas.

andysmith - 04 Aug 2016 15:58 - 191 of 488

With a strong performance this has plenty of momentum to be a multi-bagger and so far seems to be under the radar of many

HARRYCAT - 09 Aug 2016 08:57 - 192 of 488

StockMarketWire.com
boohoo.com's board expect results for the current year to be above forecasts.

A trading statement says the group performed well during the first five months of the year and the start to August has been encouraging.

Demand has been robust and sales momentum in the first quarter has continued into the second quarter. Sell through of seasonal stock has been strong through the Spring and Summer season.

The board now anticipates that the results for the current year will be above expectations with increased sales growth of between 28% and 33% (against previous guidance of 25% to 30%).

As a result of operating leverage in the business, the board currently anticipates improved EBITDA margins for the financial year and further guidance will be given at the interim results in September. The board continues to be positive about the trading environment for boohoo.com.

HARRYCAT - 09 Aug 2016 13:23 - 193 of 488

Lengthy note from Shore Capital:
"Positive momentum continues for fast-fashion online retailer Boohoo, which today (9th August 2016) provided a surprise update on current trading in the business. The performance of the company during the first five months of the financial year has been sufficiently strong enough for management to upgrade guidance for both revenue and EBITDA.
Summer sales strong Boohoo now expects to deliver FY2017 sales ahead of current market expectations, with management now guiding to a sales growth range of between 28% and 33% (prior guidance range: between 25% and 30%). Following today’s statement and a call with management, we have sufficient confidence to upgrade our expectations for the current financial year. We have bumped up our revenue estimate for FY2017 from £251.5m (growth rate: 28.7%) to £257.1m (31.6%).
Strong at home and overseas - During Q2, sell-through of stock has been strong and we believe sales growth continues to be healthy across all three segments; UK, Europe and Rest of the World. Amongst this, performance has been robust in all of Boohoo’s key markets, where it has been able to leverage marketing investment more effectively through the Spring/Summer season. We anticipate that the company may reinvest some of the incremental earnings (from the first half) in the proposition to continue to maintain top-line strength in the second half. Price, product and delivery are key proposition drivers Domestically, Boohoo continues to reap the benefit of delivery promotions, whilst price promotions are less seasonal and lumpy, helping to support margin consistency. Further afield, the company is more content with the base prices set overseas, although the frequency of price promotions has been increased in foreign markets. Whilst the company does not anticipate using currency as a core driver of sales growth following the recent post UK/EU Referndum devaluation of sterling, currency movements do present an opportunity to ramp up such promotional activity to drive incremental sales. Boohoo has also seen a continuation of higher average order values from Q1 FY2017, with investment in the mobile proposition helping to provide uplift in conversion rates.
Margin expansion At the start of the year, management guided towards a flat EBITDA margin (9.6%), but with the business having achieved improved operating leverage, we now expect a stronger EBITDA margin for FY2017. We now expect a margin expansion of c70bps during FY2017. Having upgraded our FY2017 adjusted EBITDA forecast to £26.6m, this represents an increase of c11% in profit from our prior forecast. Whilst traditionally we always look at earnings multiples such as PER and EV/EBITDA, EV/sales is now a core component of our valuation analysis for pure-play online growth businesses. Boohoo currently trades on a FY2017F PER of 48.8x and a FY2017F EV/EBITDA ratio of 31.9x. We believe this premium to the online peer group sector average is reflective of the fact that Boohoo is a more immature company, and is at an earlier stage of the business lifecycle. We derive an intrinsic value of the stock of 92p, based on our revised forecasts; this would place the company’s shares on 3.0x FY2018F sales.
We believe there is further upside on this valuation when we factor in the option to buy PrettyLittleThing, which we previously valued at 4p per share (based on an EV/historic sales multiple) to shareholders. Whilst we do not have great visibility on current trading in that particular business, we believe its growth rate remains above the core Boohoo business, with a recent successful launch in the US last month. Investors can be enthused that Boohoo has demonstrated an ability to accelerate both revenue and earnings simultaneously during the period as well as about the cash-generative business model as a whole. We continue to be bullish about the company’s future prospects and we retain a BUY stance on the company."

Balerboy - 22 Sep 2016 16:33 - 194 of 488

Think we got a quid coming very soon. Yeeeeha aa.

Balerboy - 28 Sep 2016 08:32 - 195 of 488

Broker forecasts 110-120p that'll do me........ for now........ 99p this morning.

cynic - 28 Sep 2016 08:39 - 196 of 488

i keep chickening out of buying in as i see the level going north
i was in/out somewhere around 35/40 but haven't dared buy again :-)

however, i have certainly taken a shine to this one in recent months for reasons posted previously

jimmy b - 28 Sep 2016 08:59 - 197 of 488

cynic ,i sold ASOS at about 60p for a tiny profit :(

Balerboy - 28 Sep 2016 11:33 - 198 of 488

Stupid boy.......... jb. Lol

jimmy b - 28 Sep 2016 11:55 - 199 of 488

You can say that again .

Balerboy - 29 Sep 2016 08:17 - 200 of 488

Broker Exane 130p :)

Balerboy - 05 Oct 2016 16:59 - 201 of 488

Took a bit of profit after results as thought it would come back a bit.......... BUT no , now 120p. What is happening.

cynic - 05 Oct 2016 17:00 - 202 of 488

glad i bought some (at last) a couple of days ago

cynic - 10 Oct 2016 15:42 - 203 of 488

old mutual now holds >13%
dare say today's drop just means they've stopped buying

Balerboy - 10 Oct 2016 19:38 - 204 of 488

It needs a rest and allows me to top up. Then let's hope the Xmas rush takes it past £2.......

HARRYCAT - 19 Oct 2016 08:16 - 205 of 488

Peel Hunt today reaffirms its buy investment rating on Boohoo.com Plc (LON:BOO) and raised its price target to 140p (from 120p).

cynic - 14 Dec 2016 08:11 - 206 of 488

Boohoo ups outlook guidance yet again

Boohoo.com Plc upgrades guidance and announces acquisition of forward-thinking fashion brand Prettylittlething (PLT)
Boohoo continues to benefit from improved operating leverage in business
Now expects boohoo.com to deliver revenue growth of between 38 pct and 42 pct in FY17
Anticipates boohoo delivering an EBITDA margin of between 11 pct and 12 pct in FY17, against previous guidance of around 11 pct

Boohoo group will acquire 66 pct of issued share capital of PLT for a cash consideration of 3.3 mln stg 1
Boohoo group will benefit from acquisition of 21 Three Clothing Co Ltd, which is expected to be consolidated from Jan. 3, 2017

=====================

pretty much doubled up sipp holding - was very small and now medium - as i had some spare funds sitting there

i think this one is too difficult to use as a trading stock

Balerboy - 14 Dec 2016 10:03 - 207 of 488

Me thinks sour grapes cynic........ money in the bank. Was just ready to top up this am whilst at 113p but news beat me to it. Am quite happy with what I hold. Bring on after Xmas sales news..

cynic - 14 Dec 2016 10:24 - 208 of 488

sour grapes from me????
surely you don't mean that, as i'm more than happy, for else i wouldn't have topped up .... in fact, even the new position is now (just) in the money

Balerboy - 14 Dec 2016 11:55 - 209 of 488

Wooley this year cyners?

HARRYCAT - 15 Dec 2016 08:37 - 210 of 488

N+1 Singer today downgrades its investment rating on Boohoo.com Plc (LON:BOO) to hold (from buy) and raised its price target to 135p (from 110p).

cynic - 15 Dec 2016 09:26 - 211 of 488

of course BB
this is the alternate year when all the family comes too

Balerboy - 15 Dec 2016 10:06 - 212 of 488

Nice one cynic. Should be good walking weather this year.

cynic - 15 Dec 2016 11:00 - 213 of 488

a bit wet underfoot i fear which will make walking along the frome more than a little claggy

HARRYCAT - 25 Dec 2016 22:46 - 214 of 488

Watching E4....inbetweeners 2......and first time I have seen BooHooMan.com advertising, directly followed by Prettylittlethings.com. Stating the obvious, seems as though they are splitting the male/female market between the two. Very specific target age group for the advertising.

Balerboy - 28 Dec 2016 09:17 - 215 of 488

Now another foothold possibly in America with nasty girl take over.

HARRYCAT - 28 Dec 2016 09:54 - 216 of 488

StockMarketWire.com
boohoo.com has agreed to acquire certain intellectual property assets from retailer Nasty Gal Inc for US$20 million.

Nasty Gal filed for Chapter 11 bankruptcy protection in the US on 9 November. Subject to US court approval, to be sought on 5 January. Boohoo's subsidiary, Boohoo F I Limited, will be appointed as the 'stalking horse' bidder for the Nasty Gal brand and customer databases, in accordance with section 363 of the United States Bankruptcy Code.

The group will provide a further update on the proposed transaction on or after this date.

The sale of the Nasty Gal assets will be governed by a court approved bidding process lasting at least 30 days. The group's bid may not result in a transaction if higher or more favourable offers are obtained by Nasty Gal during the auction process.

HARRYCAT - 04 Jan 2017 12:32 - 217 of 488

Jeffries comment yesterday:
"Nasty Gal printed revenue of US$77.1m in the year ended 1 February 2016, including revenue from third-party brands, that are excluded from the proposed transaction. Nasty Gal made a net loss after tax of US$21.0m. And to be clear, the proposed transaction relates to the acquisition of intellectual property assets only and excludes all operating costs. The rationale for BOO. BOO's US business is nascent, but growing rapidly, H117 £15.2m revenue, +93% YoY and appears to be capturing the imagination of US domiciled forward fashion conscious, young consumers. The addition of the Nasty Gal brand and the customer databases, BOO believe, would complement their existing brand portfolio and allow BOO to leverage existing product development, supply and distribution functions to accelerate international growth, particularly in the US, building on BOO’s existing customer reach and product range.
What do we think? We have enjoyed BOO's broader thinking around brand, the extension into Boohoo Kids etc, the addition of the PLT brand and view the Nasty Gal brand as a positive addition to drive BOO harder and faster into the still, remarkably early stage online US forward fashion opportunity.
In terms of consideration, it seems likely that the experience gained in valuing the PLT business will have informed BOO's bid and whilst clearly opportunistic given Nasty Gal's Chapter 11, the brand is complementary, is very much US centric and should BOO be successful through the auction process, the opportunity to accelerate the US business, in particular, we would view as a distinct positive.
That said, something of a first for the Group, the US BOO business has gained real momentum, but incorporating the Nasty Gal brand and customer assets will bring some operational challenge. However, given the operational performance of the senior management team over the last 18 months, the opportunity here seems too good to miss."

Balerboy - 06 Jan 2017 20:01 - 218 of 488

Trading statement 10th Jan. Here's fingers crossed that Internet sales did better than Next.

dreamcatcher - 07 Jan 2017 12:24 - 219 of 488

Good luck Balerboy, you have done well with these. Presume you have taken some profit on the way ? I see they retraced 40% a few years ago on poor results. You need a crystal ball. A tough retail market out there.

dreamcatcher - 07 Jan 2017 23:18 - 220 of 488

Asos and Boohoo look to be doing very well

Balerboy - 09 Jan 2017 08:40 - 221 of 488

Thanks DC I've tried banking some three times with the thought of buying back at a lower price and three times I've had to buy back at a higher one..... lol. So will wait and see with the next update.

dreamcatcher - 09 Jan 2017 16:13 - 222 of 488

I'm in as well today.

dreamcatcher - 09 Jan 2017 16:16 - 223 of 488

Nasty Gal Acquisition Update
RNS
RNS Number : 6011T
boohoo.com plc
09 January 2017

For immediate release
9 January 2017

Nasty Gal Acquisition Update
boohoo.com plc

boohoo.com plc ("boohoo" or "the Group") announced on 28 December 2016 that it had entered into an asset purchase agreement ("the proposed transaction") to acquire certain intellectual property assets and customer databases from retailer Nasty Gal Inc. ("Nasty Gal") for US$20 million. The Group confirms that the US Bankruptcy Court has approved the process for the sale of the Nasty Gal assets.

As previously announced, the proposed transaction will be governed by a court approved bidding process. The closing date for bids will be 2 February 2017. The Group's bid may not result in a transaction if higher or more favourable offers are obtained by Nasty Gal during the auction process.

If the Group is successful in acquiring Nasty Gal, the proposed transaction will be subject to final approval by the US courts expected on or around 8 February 2017. The Board believes the proposed transaction has the potential to accelerate the Group's international growth, particularly in the US, building on boohoo's existing customer reach and product range across the globe.

cynic - 09 Jan 2017 16:24 - 224 of 488

thought it all sounded to be going through too easily .... perhaps or even quite likely that more than $20m will need to be put on the table

dreamcatcher - 09 Jan 2017 17:03 - 225 of 488

dreamcatcher - 10 Jan 2017 07:13 - 226 of 488

Trading update

dreamcatcher - 10 Jan 2017 07:15 - 227 of 488

The USA doing particularly well . A very good update.

Balerboy - 10 Jan 2017 09:01 - 228 of 488

Was hoping for a nice gain in sp but will settle for a steady rise to 200p.......

skinny - 10 Jan 2017 09:15 - 229 of 488

Liberum Capital Hold 145.00 120.00 140.00 Reiterates

Beaufort Securities Buy 145.00 - - Reiterates

Shore Capital Buy 145.00 - - Reiterates

skinny - 10 Jan 2017 15:53 - 230 of 488

N+1 Singer Hold 144.50 135.00 145.00 Reiterates

Investec Buy 144.50 150.00 155.00 Retains

Peel Hunt Buy 144.50 160.00 180.00 Reiterates

Panmure Gordon Buy 144.50 170.00 170.00 Retains

dreamcatcher - 10 Jan 2017 17:39 - 231 of 488

DM - Shares were up 1 per cent, or 1.7p, at 145.2p this session.
Michael Stewart, at Panmure, added: 'Boohoo has released another trading update this morning which exceeds market expectations.
'The stock currently trades on 32x EBITDA. We think this valuation is justified given the strong earnings momentum, the progress and contribution from PrettyLittleThing and the potential acquisition of NastyGal.'

Read more: http://www.thisismoney.co.uk/money/markets/article-4104926/Boohoo-clothes-fly-rack-Christmas-internet-retailer-swoops-Nasty-Gal-US.html#ixzz4VNiWR2rr
Follow us: @MailOnline on Twitter | DailyMail on Facebook

dreamcatcher - 23 Jan 2017 16:41 - 232 of 488

08:50 23/01/2017
Broker Forecast - Peel Hunt issues a broker note on Boohoo.com Plc

Peel Hunt today reaffirms its buy investment rating on Boohoo.com Plc (LON:BOO) and raised its price target to 180p (from 160p). Story provided by StockMarketWire.com

dreamcatcher - 23 Jan 2017 21:03 - 233 of 488

Very large after session buying, would think there will be a holdings rns.

driver - 24 Jan 2017 15:59 - 234 of 488

While working undercover at United Creations Ltd, which makes clothes for Boohoo and Missguided, Belal was paid £3.25 per hour for his work, Dispatches reports.

http://www.huffingtonpost.co.uk/entry/channel-4-dispatches-britains-cheap-clothes-investigation-national-living-wage_uk_5885e797e4b0b8867de86378

HARRYCAT - 01 Feb 2017 15:33 - 235 of 488

One week to go for the Nasty Gal acquisition approval.

HARRYCAT - 06 Feb 2017 09:52 - 236 of 488

StockMarketWire.com
boohoo.com is set to acquire the intellectual property assets and customer databases from Nasty Gal for US$20m, subject to final approval by the US Bankruptcy Court expected on or after 8 February.

boohoo.com announced on on 28 December that it had entered into an asset purchase agreement to acquire certain intellectual property assets and customer databases from retailer Nasty Gal.

As previously announced, the transaction has been governed by a US Bankruptcy Court approved bidding process.

boohoo has been notified by Nasty Gal's counsel that no acceptable, qualifying bids have been received for the intellectual property assets and customer databases and, therefore no auction will take place.

dreamcatcher - 08 Feb 2017 21:57 - 237 of 488

Someone buying big at close.

dreamcatcher - 08 Feb 2017 22:08 - 238 of 488

Just guessing, may be news due, perhaps on NG.

cynic - 09 Feb 2017 08:40 - 239 of 488

sp has merely picked up its loss from yesterday
however, NG acquisition confirmed (below)and that much surely be excellent news for the company

Further to the announcement on 6 February 2017, boohoo.com plc ("the Group")
confirms that court approval has been obtained for the Group to acquire
certain intellectual property assets and customer databases from retailer
Nasty Gal Inc. for US$20 million. The transaction, subject to the satisfaction
of customary closing conditions waivable at the Group's discretion, is
expected to complete on 28 February 2017.

dreamcatcher - 09 Feb 2017 09:50 - 240 of 488

Certainly leaks with those huge buys at close. :-))

Balerboy - 09 Feb 2017 16:31 - 241 of 488

Should have topped up at 136......

dreamcatcher - 10 Feb 2017 20:09 - 242 of 488

proactiveinvestors, beaufort securities breakfast alert-boohoo

HARRYCAT - 22 Feb 2017 09:55 - 243 of 488

Next leg up now, hopefully!

dreamcatcher - 28 Feb 2017 07:08 - 244 of 488

Pre-close Trading Update and Notice of Results
RNS
RNS Number : 9916X
boohoo.com plc
28 February 2017

For Immediate Release
28 February 2017

boohoo.com plc

Pre-close Trading Update and Notice of Results

Pre-close Trading Update
boohoo.com plc ("the boohoo Group" or "the Group"), the leading online fashion retailer, has delivered a strong trading performance since the Group's trading update on 10 January 2017. The Board now expects boohoo Group revenue growth for the twelve months to 28 February 2017 ("FY 17") to be around 50%, ahead of the previously guided range of 46% to 48%. The Group continues to benefit from improved operating leverage in the business and now expects to deliver an adjusted EBITDA margin at the top end of the previously guided range of 11% to 12%. This guidance relates to boohoo.com and prettylittlething.com, which has been consolidated from 3 January 2017.

HARRYCAT - 28 Feb 2017 09:49 - 245 of 488

Nasty Gal Acquisition Completion
Following the announcement on 9 February 2017, boohoo.com plc ("the Group"), the leading online fashion retailer, today announces that it has completed the acquisition of certain intellectual property assets and customer databases from retailer Nasty Gal Inc. ("Nasty Gal") for US$20 million. The transaction will be financed through a combination of the Group's existing cash resources and a new bank debt facility of £12 million. The Group will consolidate Nasty Gal from 1 March 2017.

Balerboy - 28 Feb 2017 11:26 - 246 of 488

152p & climbing. ..

HARRYCAT - 28 Feb 2017 12:59 - 247 of 488

Liberum Capital today reaffirms its hold investment rating on Boohoo.com Plc (LON:BOO) and raised its price target to 150p (from 140p).

Investec today reaffirms its buy investment rating on Boohoo.com Plc (LON:BOO) and raised its price target to 162p (from 155p)

dreamcatcher - 28 Feb 2017 16:29 - 248 of 488

28 Feb
Shore Capital
N/A
Buy
28 Feb
Investec
162.00
Buy
28 Feb
Peel Hunt
180.00
Buy
28 Feb
Liberum Capital
150.00
Hold

dreamcatcher - 10 Mar 2017 17:13 - 249 of 488

13:30 10/03/2017
Broker Forecast - Barclays Capital issues a broker note on Boohoo.com Plc
Barclays Capital today initiates coverage of Boohoo.com Plc (LON:BOO) with a equal weight investment rating and price target of 150p. Story provided by StockMarketWire.com

HARRYCAT - 23 Mar 2017 13:19 - 250 of 488

All time high at 160p?

Balerboy - 23 Mar 2017 13:34 - 251 of 488

You beat me to it. Glad I topped up at 149p

HARRYCAT - 28 Mar 2017 10:56 - 252 of 488

Full-year results due on 26 April 2017.

Balerboy - 28 Mar 2017 19:20 - 253 of 488

Let's hope they're good and head our way to 170p. 🙄

Balerboy - 29 Mar 2017 13:42 - 254 of 488

Think there's some good news coming........ 166.75p

Balerboy - 30 Mar 2017 09:19 - 255 of 488

Think I'll raise my prediction to 180p on news.
168p at mo. Yyyyeeeeeehhaa. What ever happened to gibby?

HARRYCAT - 30 Mar 2017 09:59 - 256 of 488

Looking good Bb, though stocks tend to rise on expectation and then settle back a little once the news is out (Buy the rumour, sell the fact). Lets hope results are good.

cynic - 30 Mar 2017 11:22 - 257 of 488

26 april is the day

may add as i think my holding is still fairly modest, certainly at cost price

Balerboy - 30 Mar 2017 13:31 - 258 of 488

Trouble is harry. ..... it's never fallen back yet and got caught out having to buy back at more money.

Balerboy - 03 Apr 2017 19:39 - 259 of 488

Oh christmas is coming early........ 171.5p

Balerboy - 05 Apr 2017 15:02 - 260 of 488

Looks like my 180p is coming. .......

HARRYCAT - 19 Apr 2017 10:54 - 261 of 488

Liberum Capital today reaffirms its hold investment rating on Boohoo.com Plc (LON:BOO) and raised its price target to 185p (from 150p).

Balerboy - 19 Apr 2017 13:23 - 262 of 488

They're a bit slow...... I said 180p weeks ago. Wonder what the coming results will do.

Balerboy - 21 Apr 2017 20:37 - 263 of 488

And 180.50p boom.

Balerboy - 24 Apr 2017 13:11 - 264 of 488

187.5p and counting. .... could have a £2 share soon.

dreamcatcher - 24 Apr 2017 15:02 - 265 of 488

Well done Bb. :-))

HARRYCAT - 25 Apr 2017 09:36 - 266 of 488

Results tomorrow. I wonder if it's a case of 'buy the expectation, sell the news'?

Balerboy - 25 Apr 2017 10:08 - 267 of 488

Normally I'd agree harry but have been burnt on past sells, so am sticking with what I've got and top up if
It drops sufficient.

HARRYCAT - 25 Apr 2017 10:12 - 268 of 488

Yes, I am hanging on to my stock also. Will be interesting to see if anything can stop the relentless march upwards. I hope there isn't, but nothing goes up forever.....sadly!

dreamcatcher - 25 Apr 2017 18:18 - 269 of 488

Don.t know if you saw this Baler and Harry.

Online fashion store Boohoo poised to reveal profit surge as sales leap to £300m
The group is worth over £2billion, thanks to strong sales and profit figures
In the last year, the online retailer's share price has tripled to 179p a share
By Neil Craven for The Mail on Sunday
Published: 21:57, 22 April 2017 | Updated: 23:54, 22 April 2017

Online fashion store Boohoo is poised to reveal a profit surge this week as it confirms annual sales have leaped to almost £300million.
The stock market value of the internet shop has now soared far above that of many bricks-and-mortar rivals.
The company’s share price has tripled in the past year, meaning the business is now worth more than £2billion

Fashion forward: Online fashion store Boohoo is poised to reveal a profit surge this week
That pushes its value to above that of billionaire Mike Ashley’s Sports Direct, which is worth £1.7billion. Boohoo is worth three times the value of department store Debenhams.
The meteoric rise of Boohoo has been one of the few bright spots among listed retailers over the past year.

Analysts expect the company to say profit in the year to the end of February almost doubled to about £30million while sales rose by 50 per cent.
Stockbroker Peel Hunt expects further profit upgrades because of growing momentum at the company’s US division.
The shares have risen from 47.5p one year ago to 179p on Friday.

HARRYCAT - 25 Apr 2017 19:32 - 270 of 488

Cheers dc. Not long to go now, so all should be revealed.

dreamcatcher - 25 Apr 2017 19:50 - 271 of 488

Not in this one Harry, got inpatient and I sold. All the best. :-))

cynic - 25 Apr 2017 19:56 - 272 of 488

so no BOO (boo hoo!) or FEVR (mop the brow)

what gems do you hold? :-)

dreamcatcher - 25 Apr 2017 20:13 - 273 of 488

HCM,NICL,CLIN,BREE,NMC,GVC,NKTN,AVAP,GAW,BOTB, ACSO,DCC,KWS,DTY,PVG and on and on.

cynic - 25 Apr 2017 20:30 - 274 of 488

far too big a portfolio for me to follow :-)

i don't even recognise most of those, but that may be no bad thing

HARRYCAT - 25 Apr 2017 20:30 - 275 of 488

Interesting mix dc. Some of those are slow burners. What made you dump BOO? Trend has been pretty steadily up for quite a while now.

dreamcatcher - 25 Apr 2017 20:43 - 276 of 488

Harry, Boo I only invested for a short time and was happy to make a fair return. Vet practices have been very good ie CVSG and now back in PVG for a hopeful rise. Been trading a lot of shares on the rises and falls . Some of the above have gone up 4/5 times initial investment over the last 4/5 years. Bit naughty - I did not really research BOO. :-)) Best ever two shares FEVR and WAND.

HARRYCAT - 26 Apr 2017 09:47 - 277 of 488

StockMarketWire.com
Online fashion group boohoo.com's revenues rose by 51% to £294.6m in the year to the end of February.

Operating profits were up 101% at £30.3m and pre-tax profits were 97% higher at £30.9m.

Joint chief executives Mahmud Kamani and Carol Kane said: "It has been a momentous year for us, with strong results and the acquisitions of PrettyLittleThing on 3 January 2017 and the Nasty Gal brand on 28 February 2017.

"Both brands have huge potential and the acquisitions represent a step change in the size, structure and operation of the group.

"We are confident that our expertise combined with the strength and following of our new complementary brands will greatly enhance the group's future growth and profitability.

"The boohoo brand has achieved outstanding revenue growth and increased profitability margins during the year.

"We continued to grow strongly in the UK, our largest market, whilst international growth exceeded our expectations, particularly in the USA.

"Our customer proposition is proving consistently appealing.

"PrettyLittleThing showed strong revenue growth in two months' of profitable trading since acquisition.

"This year has also seen some major capital and infrastructure expenditure.

"We invested in a large warehouse extension and additional office space to provide for our planned further growth and we have secured planning permission for the next stage of the warehouse expansion.

"We have also invested in a new website platform for boohoo, which has brought many improvements, including website flexibility and response times.

"Trading in the first few weeks of the 2018 financial year has made a promising start and we are excited about the prospects of our development into a multi-branded business.

"We expect group revenue growth approaching 50% over 2017, which includes growth from the recent acquisitions, and a group EBITDA margin of approximately 10%."

Balerboy - 26 Apr 2017 09:48 - 278 of 488

Great result. .....onwards and upwards.

skinny - 26 Apr 2017 09:57 - 279 of 488

Peel Hunt Buy 183.50 180.00 220.00 Reiterates

Liberum Capital Hold 183.50 185.00 185.00 Retains

Shore Capital Buy 183.50 - - Reiterates

HARRYCAT - 26 Apr 2017 12:04 - 280 of 488

Shore Capital comment:
"Boohoo delivered a year of impressive growth with revenue growing 51% to £294.6m (consensus: £289.8m), in-line with our own expectations. Adjusted EBITDA came in at £35.6m (consensus: £34.5m), a margin of 12.1%, accretion of c240bps on the prior year. EPS increased by 97% to 2.19p (consensus: 2.09p).

Organic boohoo growth during FY2017 was 45%, with PrettyLittleThing contributing £11.2m of revenue following consolidation in January of this year (for the year to 28th February 2017, PLT delivered revenue of £55.3m). Growth in the core boohoo brand was broad-based, with UK growth at 33% and triple digit growth in the US. Its core customer continues to shift away from desktop towards a mobile-centric market, with 70% of sales coming through the latter medium. Whilst the group invested some c320 basis points in its gross margin, falling to 54.6%, leverage came through marketing spend.

Looking ahead to FY2018, the outlook continues to be strong with management is guiding towards 50% topline growth, this consists of the following brand segment growth rates:

25% sales growth for the core boohoo brand 35% growth for PLT Nasty Gal revenue to be c£12m for the year

Within our current expectations we are forecasting revenue growth of 47% for the group, however this does not account for Nasty Gal revenue (which we will include in our forecasts shortly). The three brands of the Group will operate independently and from an operational viewpoint, we look to see how the multi-brand proposition evolves (we believe management is minded to make brand acquisitions in the future). Capex guidance for the year is expected to be £34m.

We believe the financial performance from FY2017 is demonstrative of the growth credentials of the Boohoo group, which still have further levers to pull. Current FY2018 consensus for revenue, adjusted EBITDA and EPS is £423.1m, £42.6m and 2.51p respectively. The indicative valuation multiples of 76.9x PER and 50.5x EV/EBITDA are clearly highlight the premium rating the company trades on but also the confidence investors have in the growth opportunity at hand. We share this confidence and believe the Boohoo group has strong earnings momentum, operating a well-executed business model in an attractive sub-sector of the consumer industry. We reiterate our BUY recommendation on the stock."

Balerboy - 27 Apr 2017 00:00 - 281 of 488

I think that's EPIC.

HARRYCAT - 27 Apr 2017 13:06 - 282 of 488

Citigroup today reaffirms its neutral investment rating on Boohoo.com Plc (LON:BOO) and raised its price target to 200p (from 145p).

Balerboy - 23 May 2017 08:25 - 283 of 488

191p this morning. I can feel 200p coming in my pants. ...... 🙄

HARRYCAT - 23 May 2017 10:14 - 284 of 488

I'm tempted to comment on your last post Bb, but modesty prevents me from making the obvious remark! ;o)
Am still holding my BOO stock so nicely in the money and see no reason at the mo to lock in profit. Lets hope for more of the same!

LedZep4 - 23 May 2017 13:50 - 285 of 488

Balerboy

What can I say !!!!!!!!!

It has. Surely you haven't.

:o)

Balerboy - 23 May 2017 14:10 - 286 of 488

Lol. 199.50p as we speak........ got to be a. .....
Yeehhhhhaaa moment.

Balerboy - 23 May 2017 23:39 - 287 of 488

Think I just wet myself. ........

LedZep4 - 24 May 2017 08:52 - 288 of 488

Balerboy

Dont look at the screen

;o)

Balerboy - 24 May 2017 11:21 - 289 of 488

I now need to change my pants......😀

HARRYCAT - 24 May 2017 13:02 - 290 of 488

You can afford to buy some new ones from BoohooMan now!

Not much of a selection, but cheap as chips!
http://www.boohooman.com/5-pack-plain-white-trunks/MZZ72679.html?color=173

LedZep4 - 24 May 2017 13:38 - 291 of 488

Half price !!!!

Suits you Sir.

The shares are still pretty good value too IMO.

andysmith - 24 May 2017 14:18 - 292 of 488

One of my best researched shares buying in at 61p last year, plenty to run on this story and happy to hold for my 350p minimum target, could have my windfall plan earlier than expected at this rate

HARRYCAT - 05 Jun 2017 10:15 - 293 of 488

224p. Bb must have bought a whole truck load of BOO underwear!

Balerboy - 05 Jun 2017 13:25 - 294 of 488

Wish I had topped up at 183p but not complaining.

skinny - 05 Jun 2017 13:29 - 295 of 488

RSI looks very over bought.

Mind you, I thought that when FEVR was @£10 - Ho Hum!

LedZep4 - 07 Jun 2017 19:22 - 296 of 488

They sneaked out the trading update this afternoon at 4.35pm :

Highlights for the three months ended 31 May 2017

Group

-- Revenue GBP120.1 million, up 106% (2016: GBP58.2 million)
-- Like-for-like(1) revenue growth of 78%
-- Gross margin 54.2 % (2016: 56%)
-- Strong balance sheet with net cash of GBP74 million (2016: GBP61 million)

boohoo

-- Revenue GBP86.4 million, up 48% (44% CER(2) )

o UK up 41%, rest of Europe up 44% (33% CER), USA up 97% (83% CER), rest of world up 50% (34% CER)

-- Gross margin 53.9%, down 230 bps, driven by planned investments in the customer proposition (retail gross margin 56.3% (2016: 57.6%))

-- 5.2 million active customers(3) , up 24% on prior year

PrettyLittleThing

-- Revenue GBP30.7 million (2016: like-for-like(4) GBP7.6 million, up 305%)
-- Gross margin 53.8% (2016: like-for-like(4) 57.3%)
-- 1.6 million active customers, up 146% on prior year

Nasty Gal

-- Revenue GBP2.9 million
-- Gross margin 69.9%

Pretty spectacular figures plus a placing to raise £50 million to fund expansion.

There is plenty of mileage left.

cynic - 07 Jun 2017 19:57 - 297 of 488

placing are infuriating
though i recognise they are far cheaper for the company, it gives the PIs no chance at all to participate and surely that is not fair

HARRYCAT - 07 Jun 2017 20:04 - 298 of 488

Amazing how figures are presented though as back in Feb of this year BOO "announces that it has completed the acquisition of certain intellectual property assets and customer databases from retailer Nasty Gal Inc. ("Nasty Gal") for US$20 million. The transaction will be financed through a combination of the Group's existing cash resources and a new bank debt facility of £12 million".
So not sure that gross margin is too relevant....though I don't know what the interest is on the £12m debt. I know post #296 is only the highlights, but it will be interesting to see how the brokers interpret the results. Shore Capital should be on the case pdq.

Balerboy - 08 Jun 2017 08:20 - 299 of 488

OH YES! 235p how abat dat arry 😀

jimmy b - 08 Jun 2017 08:53 - 300 of 488

I contemplated buying in at 40p and again at 80p now i'm boo hoo .

kimoldfield - 08 Jun 2017 09:00 - 301 of 488

Me too!😀

skinny - 08 Jun 2017 10:04 - 302 of 488

N+1 Singer Hold 242.25 - - Reiterates

Barclays Capital Equal weight 242.25 - 220.00 Reiterates

Shore Capital Buy 242.25 - - Reiterates

Liberum Capital Buy 242.25 185.00 300.00 Upgrades

Jefferies International Buy 242.25 125.00 125.00 Reiterates

Peel Hunt Buy 242.25 260.00 300.00 Reiterates

hlyeo98 - 08 Jun 2017 10:29 - 303 of 488

Very large volumes of sells today

Balerboy - 08 Jun 2017 10:53 - 304 of 488

Yes hlyeo but the sp continues up.....238p now

cynic - 08 Jun 2017 11:10 - 305 of 488

having been in/out a couple of times at much lower levels, i am more than happy that my current lump bought in oct and dec '16 averages out at 115.40

HARRYCAT - 08 Jun 2017 11:14 - 306 of 488

Am also happy to hold, though expecting a correction any time soon.

Balerboy - 08 Jun 2017 14:04 - 307 of 488

I need more pants....... 246 p ......shit! So wanted
Top up but waiting for a fall which never seems to come.
My ave. 74p.......😀happy days.

LedZep4 - 08 Jun 2017 14:45 - 308 of 488

BB

You can afford Calvin Klein or (if you don't want to spend that much) there's a bloke down Wembley Market on Saturdays that does Kelvin Clyne (or something similar).

Still more mileage in BooHoo I reckon - brokers targetting 300p now !!

cynic - 08 Jun 2017 15:31 - 309 of 488

fmob!!!!!
now +34p = +15.5% = 255

Balerboy - 08 Jun 2017 19:51 - 310 of 488

Just picked myself up off the floor, as just looked at sp.
Whoopydo. nearly a four bagger for me....... makes a bloody change.

dreamcatcher - 08 Jun 2017 19:52 - 311 of 488

Well done. :-))

LedZep4 - 09 Jun 2017 15:28 - 312 of 488

Superb performance today.

The weakness of the £ after Teresa's folly hasn't done any harm.

cynic - 09 Jun 2017 15:37 - 313 of 488

currently up a further 4.5% at 272.5

Balerboy - 09 Jun 2017 18:23 - 314 of 488

I did a cheaky top up....... Couldn't wait.

HARRYCAT - 12 Jun 2017 11:33 - 315 of 488

.

Balerboy - 12 Jun 2017 13:02 - 316 of 488

Hmmmmm. Where's it going.

cynic - 12 Jun 2017 14:44 - 317 of 488

nothing ....... the markets are very unsettled so peeps are banking some hefty profits, as with FEVR

hlyeo98 - 12 Jun 2017 15:45 - 318 of 488

Mahmud Kamani, Chief Executive Officer, sold 11,252,502 shares in the company on the 12th June 2017 at a price of 220.00p.

cynic - 12 Jun 2017 16:00 - 319 of 488

those may have been used in the fundraising issue at 220p
also, the fundraising shares will have hit the market since the 8th or even a day or two later

HARRYCAT - 13 Jun 2017 09:47 - 320 of 488

Citigroup today reaffirms its neutral investment rating on Boohoo.com Plc (LON:BOO) and set its price target at 270p.

Balerboy - 13 Jun 2017 11:12 - 321 of 488

That'll do. Bought a few more at 244p

HARRYCAT - 14 Jun 2017 10:11 - 322 of 488

Never easy to get it right Bb. I wouldn't be surprised to see 220p, briefly.

Balerboy - 14 Jun 2017 14:50 - 323 of 488

Getting gittery. ........

skinny - 14 Jun 2017 14:58 - 324 of 488

Shore Capital Buy 244.38 - - Reiterates

Liberum Capital Buy 244.38 300.00 300.00 Reiterates

Balerboy - 14 Jun 2017 18:36 - 325 of 488

Been there...... done that..... still gittery....

cynic - 14 Jun 2017 18:40 - 326 of 488

that's because you're a git :-)

markets really are very skittish and difficult at the moment, and individual even more so ..... probably doesn't matter much if you are happy to hold, but for those playing with S/Bs, it must be real nail-biting times

HARRYCAT - 14 Jun 2017 20:17 - 327 of 488

Can't see any reason for the jitters, Bb! You must have a very low average price by now and so long as you are in for the long haul, you should probably have accumulated a similar amount to Ronaldo's tax bill!!!

HARRYCAT - 15 Jun 2017 09:54 - 328 of 488

StockMarketWire.com
boohoo.com has granted options over a total of 979,593 ordinary shares under its long term incentive plan.

This included 138,037 options granted to chief financial officer Neil Catto.

Balerboy - 15 Jun 2017 11:35 - 329 of 488

Seems to be holding around the 240 mark......
Fingers crossed.
Ronaldo......... Lol.😀
And your right cynic. ...... old git....

Balerboy - 16 Jun 2017 12:03 - 330 of 488

Phew...... seems to be on the up.

HARRYCAT - 19 Jun 2017 12:22 - 331 of 488

Comment from Stifel today:
"We upgrade our rating from Hold to Buy as we do not believe the current share price fully reflects expected FY18 sales and earnings. Our estimates are at the top end of the consensus range (Stifel FY18E Sales +8% and PBT +11%) and are supported by our Proprietary Social Media Analytics analysis, which shows a higher level of customer engagement compared to close competitors. Furthermore, we believe in worldwide fulfilment from the UK, underpinned by the warehousing expansion (recently announced) and the UK-based supply chain. Our 288p TP implying 19% upside potential, is DCF based and reflects a £3bn sales opportunity.

With the two new warehouses, the group will have warehousing capacity up to an ambitious £3bn net sales capacity, by FY20. We do not foresee capacity constraints in the meantime, as PLT will be placed in a third-party facility. We find the decision to expand warehouse capacity in the UK and fulfil worldwide from the UK to be in line with boohoo’s supply chain strategy, which leverages close suppliers relationships.
Multibrands strategy. As PLT exponential growth demonstrated and management recently confirmed, the two recently acquired businesses should drive domestic and international sales growth “leveraging that capability that we have got at boohoo”. PLT benefited from both boohoo’s legacy operational infrastructure and expertise and we believe that the multibrand strategy should support the two businesses even further.
Valuation. While we recognise the increased execution risk, we believe the company is moving in the right direction. We upgrade our DCF-based TP from 192p to 288p (19% upside potential). BUY."

Balerboy - 19 Jun 2017 14:03 - 332 of 488

Cheers harry.

irlee57 - 26 Jun 2017 08:32 - 333 of 488

bit of a tree shake this morning.

Balerboy - 26 Jun 2017 09:49 - 334 of 488

Just resting before 300p Xmas. .......

HARRYCAT - 30 Jun 2017 10:15 - 335 of 488

Deutsche Bank today initiates coverage of Boohoo.com Plc (LON:BOO) with a buy investment rating and price target of 290p.

Balerboy - 04 Jul 2017 19:01 - 336 of 488

Whats going on then harry......

HARRYCAT - 05 Jul 2017 09:17 - 337 of 488

Steady as she goes, Bb. The summer months are always a bit slow on stocks as brokers and traders go on holiday. Am happy to hold.....might even add a few if the sp touches the 200 DMA......c220p.

irlee57 - 07 Jul 2017 08:49 - 338 of 488

is the 220 going to hold

HARRYCAT - 07 Jul 2017 14:01 - 339 of 488

Nope!

irlee57 - 07 Jul 2017 14:47 - 340 of 488

is £2 going to hold

Balerboy - 07 Jul 2017 19:16 - 341 of 488

Sold half. Along with 11mill others.

HARRYCAT - 08 Jul 2017 19:19 - 342 of 488

Asos trading statement out on Thursday and expect BOO to move in sympathy, so hoping for good sales figures.

Balerboy - 10 Jul 2017 08:30 - 343 of 488

Got a feeling resistance might be around 185-90

HARRYCAT - 18 Jul 2017 17:13 - 344 of 488

Hoping this level holds and forms good support.

Chart.aspx?Provider=EODIntra&Code=BOO&Si

cynic - 19 Jul 2017 13:13 - 345 of 488

sorry that this is about 10 days old, but interesting for all that .....

* Online fashion retailers' shares have been hit by Amazon's plans to launch Prime Wardrobe, but Old Mutual Global Investors' Richard Watts doesn't deem the shopping service much of a threat to Boohoo in which he is top shareholder
* Boohoo -12% since Amazon announcement; Prime Wardrobe lets people try on clothes, shoes & accessories before buying & offers higher discounts for larger number of items [nL8N1JK1HL]
* Watts says Prime Wardrobe not difficult to replicate
* PM says Boohoo is "definitely a price leader" and co has recognized that more than one brand works -- owns boohoo, boohooMAN, PrettyLittleThing & Nasty Gal -- because people want to shop around, they want uniqueness
* "This idea that everyone's going to buy all of their clothes off Amazon -- I just don't believe it," he says
* Watts actually sees PW as a positive -- both as a demonstration by Amazon the online space will be dominant & as something which accelerates the switch from offline to online retail; as online becomes more entrenched, Boohoo will benefit
* While Amazon will obviously be a dominant player, if not the dominant player, in the online retail world of the future, "there's going to be plenty of room for others", Watts says

skinny - 19 Jul 2017 16:03 - 346 of 488

These have bounced from 220 three times now.

Chart.aspx?Provider=EODIntra&Code=BOO&Si

HARRYCAT - 19 Jul 2017 17:26 - 347 of 488

....and that's a good sign??? (Think positive....think positive!)

Balerboy - 20 Jul 2017 08:30 - 348 of 488

Cant see amazon being much of a threat in this industry.
And as for try before you buy, they'll do as they do now.....
Get it sent in, wear it for the night then send back as not suitable.
The second hand clothes market will boom......

Balerboy - 20 Jul 2017 08:32 - 349 of 488

Have a feeling I should have bough a few back when it dipped
To 190p for a day.

skinny - 20 Jul 2017 15:25 - 350 of 488

Another visit @220?

skinny - 22 Jul 2017 09:10 - 351 of 488

220 - like a flame to a moth.

Chart.aspx?Provider=EODIntra&Code=BOO&Si

HARRYCAT - 24 Jul 2017 12:02 - 352 of 488

I just can't decide where the sp is going. I suppose sideways trading isn't too disappointing, but would prefer to maintain the upward trend, even if gently.

skinny - 24 Jul 2017 12:04 - 353 of 488

Harry - an interesting view here - post 6890.

HARRYCAT - 24 Jul 2017 12:15 - 354 of 488

I'm not registered with ADVFN.....far too much cr*p on that site. Could you supply the gist of it?

cynic - 24 Jul 2017 12:22 - 355 of 488

FAR9 thread on advfn is generally pretty good ....... and is the only one which i view

that said, goldfinger (currently 3i) still gets too readily baited by shauney (not sure who that is) and they act like a couple of schoolground 10-year olds

that apart, there are frequent good and interesting posts

=================

i had a quick look at #6890
in principle, it's lots of chart gobbledegook (to me) with no recommendation in either direction though tending towards positive

skinny - 24 Jul 2017 12:29 - 356 of 488

Basically a fairly detailed chart analysis - direction decision time is fairly imminent!

HARRYCAT - 24 Jul 2017 12:36 - 357 of 488

Cheers guys. Lets hope chart direction is in our favour. I suppose I should sell half and take a good profit and let the rest run, but I still think that the company is well run and profitable, but as I have said before, I generally tend to steer clear of retail as it's too fickle and I don't understand it.

Balerboy - 25 Jul 2017 08:12 - 358 of 488

Xmas sales will be the guide unless they have other takeovers in mind before.

HARRYCAT - 25 Jul 2017 08:15 - 359 of 488

What about summer fashion sales??? Xmas sales figures won't be out until next spring!

skinny - 25 Jul 2017 10:05 - 360 of 488

Hmmmm - it looks like the relationship with 220p could end to the down side?

HARRYCAT - 25 Jul 2017 10:26 - 361 of 488

Balerboy - 25 Jul 2017 22:45 - 362 of 488

Sold half sometime ago so what I have left
Doesn't cost me anything. Don't know when their
Next trading statement is. I reckon winter and spring sales
Tell the most. Everyone's bought for the summer in
The new fashion in spring then need to rest the wallet.

skinny - 26 Jul 2017 14:44 - 363 of 488

MACD looking more positive this time - so maybe finally a move away from 220.

HARRYCAT - 27 Jul 2017 08:47 - 364 of 488

Nicely predicted skinny. Glad I held on.

skinny - 02 Aug 2017 14:22 - 365 of 488

The interims are on 27th September - Financial Calendar

Balerboy - 02 Aug 2017 19:10 - 366 of 488

looks to me as if its going to dip again.

HARRYCAT - 03 Aug 2017 10:10 - 367 of 488

Just to defy your logic Bb, it goes the other way! :o)

Balerboy - 03 Aug 2017 10:54 - 368 of 488

So I see. Grrr.

HARRYCAT - 03 Aug 2017 13:50 - 369 of 488

I thought you would be pleased.....up is better than down..?

Balerboy - 03 Aug 2017 20:03 - 370 of 488

I've played it safe because of being burnt
With other shares by selling with the hope of
A decent drop to buy back ....... this will
Be the third time of selling a few and having to buy
Back at a higher price. :(

HARRYCAT - 06 Sep 2017 11:11 - 371 of 488

Barclays Capital today upgrades its investment rating on Boohoo.com Plc (LON:BOO) to overweight (from equal weight) and set its price target at 265p.

cynic - 06 Sep 2017 11:42 - 372 of 488

:-))
oh dear ..... mine average out at 115

HARRYCAT - 06 Sep 2017 12:00 - 373 of 488

More from Barclays:
"Ahead of Boohoo’s 1H results on 27 September, we are upgrading to Overweight.
Since initiating in March, it has been clear to us that Boohoo has a competitive advantage in its supply chain and ecommerce only model that will yield share gains for many years to come, but we haven’t been able to get comfortable enough on forecasts to find the valuation appealing. This has changed. Our differentiated work tracking ComScore and Google Trends data in Boohoo’s P2 (3 months to end Aug) suggests that PrettyLittleThing continues to accelerate sequentially, is reaching material scale in the UK, and will drive upgrades at the results. We upgrade EPS by 4% in FY18/19E and sit 20% ahead of consensus EBITDA in FY18E and 22% in FY19E. Our consistent valuation framework, comparing the multiple to different earnings scenarios, now yields a risk / reward that we think stacks up. We upgrade to OW and raise our PT to 265p, based on increased confidence in current trading.
PrettyLittleThing is almost as big as Missguided in terms of users: PLT generates almost as many users and as much time spent as Missguided in the UK according to ComScore. Missguided generated revenues of c£120m in the UK in FY17. Boohoo guides for PLT to generate total revenues of c£95m in FY18E. We model c£100m in the UK alone and, with growth looking good in the US, we have £155m in total for PLT.
Upgrades matter most (for now): Boohoo is an expensive stock (55.5x P/E in cal 2018). We have been consistent in our approach to valuation: comparing it to internet peers on a growth adjusted basis with different earnings scenarios (full detail in note). On our higher forecasts, and with more confidence on upside cases beyond, we think the risk / reward now stacks up. There are still question marks about long term margins beyond FY18E with a new warehouse coming and limited tech spend today. But upgrades trump these concerns in our assessment of the share price performance nearer term."

dreamcatcher - 26 Sep 2017 17:56 - 374 of 488

Proactive investor - Boohoo expected to put in another strong showing
After a strong quarterly update back in June, Boohoo.com PLC (LON:BOO) is expected to report a similarly robust performance when it announces its interim results on Wednesday.
Pretty Little Thing – its acquisition made earlier in the year – is expected to drive total sales growth, which Deutsche Bank estimates should come in 95% higher than this time last year at £248mln.
Given the premium which BOO shares trade at, guidance is always king though. Investors will be keeping an eye out for second quarter sales as well as any changes to full-year guidance.
Deutsche expects sales at PLT to have grown by around 164% in the second quarter, while the Boohoo brand is expected to have registered sales growth of 37%.

cynic - 26 Sep 2017 22:17 - 375 of 488

shall be very happy if not too much profit taking

dreamcatcher - 27 Sep 2017 08:45 - 376 of 488

Interim results

Highlights for the six months to 31 August 2017
Group
·     Revenue growth 106% (101% CER(3))
·     Gross margin 53.3% (2017: 55.3%), down 200bps in line with planned investments in the customer proposition
·     Adjusted EBITDA up 68% at £27.8 million, 10.6% of revenue (2017: £16.5 million, 13.0%)
·     Strong balance sheet with net cash of £119.2 million (2017: £67.1 million) following £50 million share placing
·     Significant investment in IT and warehousing
·     Guidance raised for the full year
boohoo
·     Revenue £181.8 million, up 43% (40% CER)
·     Gross margin 52.3%, down 300bps, driven by planned investments in the customer proposition
·     Retail gross margin 54.4% (2017: 57.0%)

PrettyLittleThing
·     Revenue £72.7 million, up 289% on prior year comparative
·     Gross margin 54.8%

Nasty Gal
·     Revenue £8.4 million, increasing month-on-month from start-up in March 2017

Claret Dragon - 27 Sep 2017 11:11 - 377 of 488

Profit Taking!!!!

iturama - 27 Sep 2017 11:53 - 378 of 488

Must admit that I sold at around 263 and put all the money back in at around 235. Should have sold a few seconds earlier and waited to buy a little longer...but the new Barclays is not conducive to high speed trading. Or any trading for that matter. Lousy platform.

cynic - 27 Sep 2017 16:45 - 379 of 488

i didn't sell any from my sipp (long term) but bought some to trade at 237 ..... like IT, too early but easy to be wise after the event

hlyeo98 - 28 Sep 2017 08:03 - 380 of 488

boohoo.com plc (AIM: BOO), a leading online fashion group, announces that, Carol Kane, Joint Chief Executive Officer, has sold 4,650,000 ordinary shares of 1 pence each ("Ordinary Shares") on 27 September 2017 at an average price of 230.1046p per Ordinary Share.

Following this transaction, Carol has an interest in 46,330,421 Ordinary Shares, representing approximately 4.04 per cent. of the Company's issued Ordinary Share capital.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

HARRYCAT - 28 Sep 2017 09:54 - 381 of 488

Barclays Capital today reaffirms its overweight investment rating on Boohoo.com Plc (LON:BOO) and set its price target at 260p.

Citigroup today reaffirms its neutral investment rating on Boohoo.com Plc (LON:BOO) and cut its price target to 250p (from 270p).

hlyeo98 - 28 Sep 2017 10:24 - 382 of 488

One of the co-founders of fast fashion brand Boohoo has offloaded a tranche of her shares.

Co-chief executive Carol Kane sold 4.6m shares at a price of 230p per share yesterday, netting her almost £10.7m.

Boohoo's share price dropped somewhat unexpectedly yesterday after the company revealed rapid sales growth and lifted forecasts again.

This morning Boohoo shares were down another 9.4 per cent to 197.75p.

hlyeo98 - 28 Sep 2017 10:26 - 383 of 488

Looks like a strong downtrend today... probably more directors selling their shares.

HARRYCAT - 28 Sep 2017 10:53 - 384 of 488

boohoo.com plc (AIM: BOO), a leading online fashion group, announces that, Pierre Cuilleret, Non-Executive Director, has purchased 100,000 ordinary shares of 1 pence each ("Ordinary Shares") on 28 September 2017 at an average price of 204.83p per Ordinary Share.

Following this transaction, Pierre has an interest in 100,000 Ordinary Shares, representing approximately 0.01 per cent. of the Company's issued Ordinary Share capital.

iturama - 28 Sep 2017 11:08 - 385 of 488

Don't try to catch a falling knife. I wish I could remember that before I try.

HARRYCAT - 28 Sep 2017 11:26 - 386 of 488

Possible support:

Chart.aspx?Provider=EODIntra&Code=BOO&Si

HARRYCAT - 28 Sep 2017 11:42 - 387 of 488

Barclays comment:
"We upgraded Boohoo to Overweight on 6 September. Our thesis was based around estimate momentum, driven particularly by top line trends at PLT. Our faith in PLT revenue trends has proven to be correct. But we have been caught out on the cost needed to drive the growth: we hadn’t factored in the scale of price, promotional and marketing investment, and the (slightly) lowered EBITDA margin guidance is a disappointment vs. our prior thinking (as are non cash P&L items + the tax rate) and we make subsequent downgrades (but were well ahead of consensus). Given the lofty multiple, the stock has been hit. Where do we go from here? The debate turns to whether this is the low for EBITDA margins and earnings momentum will return post peak trading season, or whether this is the start of a margin downgrade cycle with further cost pressure to come. Our view is that the margin weakness is largely a function of mix (PLT and Nasty Gal lower margin) rather than underlying pressure in the core Boohoo brand. The marketing going into PLT has already driven it to impressive scale and we think the same could happen with Nasty Gal. So we think it makes sense to invest in this way. There is room aplenty for these two brands to drive positive estimate revisions in the next 12 months, and with margins reset we are happy to stay OW into peak trading. PT comes down to 260p."

Exane comment:
"Across 1H Boohoo surpassed revenue expectations fuelled by nascent brand PrettyLittleThing (PLT). As is common in ecommerce, this growth comes with an upfront cost. Raising barriers to entry and replication as it grows, Boohoo is directing controlled investment into a far greater opportunity. This comes at a cost to margins which, judging from yesterday’s 10% share price fall, seems to have unsettled investors. We think this is but a short-term drag and with customer response and KPI’s encouraging, the long-term investment case remains intact.
Despite more dilutive new customers PLT achieves similar basket gross profit to Boohoo brand, but enjoys higher order frequency and better conversion. Over time the PLT brand looks far more likely to be margin accretive than dilutive."

Claret Dragon - 28 Sep 2017 12:40 - 388 of 488

Ouch.

Next Tuesday time to have another look once the dust has settled.

Chris Carson - 28 Sep 2017 13:42 - 389 of 488

Got to be worth a punt long on the spreads at this level for a bounce.

LATEST BROKER VIEWS

Date Broker New target Recomm.
28 Sep Jefferies... 280.00 Buy
28 Sep Beaufort... N/A Buy
28 Sep Deutsche Bank 290.00 Buy
28 Sep Citigroup 250.00 Neutral
28 Sep Barclays... 260.00 Overweight
27 Sep N+1 Singer N/A Hold
27 Sep Peel Hunt 300.00 Buy
27 Sep Shore Capital N/A Buy
27 Sep Liberum Capital 300.00 Buy
15 Sep Peel Hunt 300.00 Buy

cynic - 28 Sep 2017 14:12 - 390 of 488

it seems to me that there have been a lot of forced sales in addition to selling on the news
even if one doesn't put great store by the pundits, it's clear that they all reckon BOO a buy, especially at the current level of ~195 ....... indeed, i have bought some more this morning at ~197

Balerboy - 04 Oct 2017 21:30 - 391 of 488

What's going on. ........ getting gitters after reinvesting

HARRYCAT - 04 Oct 2017 21:59 - 392 of 488

Steady Bb, no cause to panic yet, imo.
There has been some heavy selling, but declared short interest is almost zero.
Brokers seem upbeat and sentiment is positive for this stock.
Both CEO's have sold a total of c16 million shares over the last 4 months, so seems to have spooked the market.
PE is way too high, but internet retailers seem to defy logic when it comes valuation.
Lets hope Xmas sales are through the roof and the sp follows suit.

Balerboy - 04 Oct 2017 22:46 - 393 of 488

Thanks harry.

skinny - 05 Oct 2017 11:28 - 394 of 488

Toying with 200ma.

Chart.aspx?Provider=EODIntra&Code=BOO&Si

HARRYCAT - 05 Oct 2017 13:03 - 395 of 488

Surely that is the 200 DMA?

Chris Carson - 05 Oct 2017 13:44 - 396 of 488

200dma black, 50dma green 25dma red. Lower indicators showing oversold, back inside lower bollinger band. It can still go lower, just as an overbought stock can go higher. Sentiment and volume required. :0)

Chris Carson - 05 Oct 2017 13:46 - 397 of 488

Brokers bullish (or pissed)

LATEST BROKER VIEWS

Date Broker New target Recomm.
3 Oct Barclays... N/A Overweight
28 Sep Jefferies... 280.00 Buy
28 Sep Beaufort... N/A Buy
28 Sep Deutsche Bank 290.00 Buy
28 Sep Citigroup 250.00 Neutral
28 Sep Barclays... 260.00 Overweight
27 Sep N+1 Singer N/A Hold
27 Sep Peel Hunt 300.00 Buy
27 Sep Shore Capital N/A Buy
27 Sep Liberum Capital 300.00 Buy

skinny - 05 Oct 2017 13:57 - 398 of 488

Harry - corrected!

images?q=tbn:ANd9GcS7MAAfARtN7YYpo_xBGr_

HARRYCAT - 09 Oct 2017 10:45 - 399 of 488

Hmmmmm........dipped below.

Chris Carson - 09 Oct 2017 17:01 - 400 of 488

Hanging on grimly to that 200DMA

kimoldfield - 11 Oct 2017 10:40 - 401 of 488

SP recovering a bit, can it be maintained though?!

Chris Carson - 11 Oct 2017 11:35 - 402 of 488

Balerboy - 11 Oct 2017 15:06 - 403 of 488

Phew!

Claret Dragon - 11 Oct 2017 15:25 - 404 of 488

Never bought into this one. Got fazed when they announced a profit warning just after float.

Then never got in anywhere.

Chart looks ominous to me.

cynic - 11 Oct 2017 16:41 - 405 of 488

as i wrote a couple of weeks ago ....

cynic - 28 Sep 2017 14:12 - 390
it seems to me that there have been a lot of forced sales in addition to selling on the news
even if one doesn't put great store by the pundits, it's clear that they all reckon BOO a buy, especially at the current level of ~195 ....... indeed, i have bought some more this morning at ~197

HARRYCAT - 17 Oct 2017 10:54 - 406 of 488

Hmm......below the 200 again. I thought the good figures from ASOS today might have boosted the sector. Seems not!

Chart.aspx?Provider=EODIntra&Code=BOO&Si

HARRYCAT - 06 Nov 2017 12:30 - 407 of 488

Stuck in a bit of a groove at the moment, but hopefully no more downside and good Xmas sales to come.

HARRYCAT - 11 Nov 2017 18:32 - 408 of 488

Just seen the winter BooHooMan advert featuring R&B/Hip-Hop singer and actor Quincy.
Tracksuit for £35!!!
I have a feeling I am not the target BooHooMan customer!

Balerboy - 13 Nov 2017 11:16 - 409 of 488

Lol harry ......... were we ever.....

skinny - 13 Nov 2017 11:31 - 410 of 488

I ordered a couple of Christmas jumpers on Friday (40% off mens atm) and they arrived earlier - not too bad for £10.40 each.

HARRYCAT - 13 Nov 2017 11:51 - 411 of 488

The one that says "Merry Christmas Ya Filthly Animal" ? Hope you have got the tattoos to match! ;o)

skinny - 13 Nov 2017 11:54 - 412 of 488

Of course this is me modelling it :-)

robinhood - 13 Nov 2017 16:45 - 413 of 488

Also says on the back "and a prosperous 2012"

HARRYCAT - 14 Nov 2017 13:09 - 414 of 488

Sadly your purchase hasn't helped the sp at all. Hope your cheque didn't bounce??? ;o)

skinny - 14 Nov 2017 13:24 - 415 of 488

Balerboy - 14 Nov 2017 14:02 - 416 of 488

A container load might have been more useful skinny.....
Then you could put your Del boy hat on..... lubbly jubbly rodders. .. lol.

skinny - 14 Nov 2017 14:11 - 417 of 488

:-)

irlee57 - 14 Nov 2017 15:41 - 418 of 488

Boo is becoming a day traders plaything.

HARRYCAT - 20 Nov 2017 11:19 - 419 of 488

I think you may have to nudge that line on the chart down a wee bit, skinny. Market looking a bit soggy at the moment.

cynic - 20 Nov 2017 13:31 - 420 of 488

below is a broker note from friday, and is typical of many others of late .....
Singer today upgrades its investment rating on Boohoo.com Plc (LON:BOO) to buy (from hold)

HARRYCAT - 20 Nov 2017 13:36 - 421 of 488

I've just seen one on the FT site which downgrades BOO to underperform and says that the risk of reduced profitability is now high due to competition and slim margins.

Just can't tell who is right, but wonder if slightly higher interest rates might slow down the rate at which younger folks buy clothes.

EDIT: It was a RBC note: "Outperform on ZPG, YNAP, ASOS, Moneysupermarket.com and Gocompare.com; and Underperform on Boohoo, Takeaway.com and Zalando (Ocado, Delivery Hero, Just Eat, Auto Trader, Scout24 and Rightmove all rated Sector Perform)."

cynic - 20 Nov 2017 13:42 - 422 of 488

surely its rating is lower that ASC which continues to head north

cynic - 20 Nov 2017 15:04 - 423 of 488

a bit of a brave call, but current 190 level looks that it could offer reasonable support and thus bounce

HARRYCAT - 21 Nov 2017 12:03 - 424 of 488

Brave indeed Mr C. Currently 184p.

cynic - 21 Nov 2017 15:33 - 425 of 488

call some right and others wrong ...... not too concerned though a bit disappointed
more than compensated with DAX long and CLLN short

Balerboy - 22 Nov 2017 08:43 - 426 of 488

When it drops below 180p I will then be worrying.

HARRYCAT - 22 Nov 2017 10:55 - 427 of 488

AHL is a regular shorter of this stock. Only a half of one percent, but they opened another short on 9th Nov.

HARRYCAT - 08 Dec 2017 09:51 - 428 of 488

Lets hope Christmas sales are going to boost this. Drifting badly at the moment.

kimoldfield - 08 Dec 2017 19:48 - 429 of 488

Well Iain McDonald and Neil Catto bought a chunk of shares today so that can't be bad!

Balerboy - 21 Dec 2017 08:30 - 430 of 488

Looking a bit healthier now. Should be some
Xmas figures out soon and if anything like
Asos let's hope so goes the same way.

Balerboy - 02 Jan 2018 11:33 - 431 of 488

Got a spurt on this morning. Here's
Hoping some good news on its way.

Balerboy - 10 Jan 2018 08:18 - 432 of 488

Think the market is expecting good results. ..... slowly slowly catchy monkey. 211p and climbing.

HARRYCAT - 10 Jan 2018 08:20 - 433 of 488

Trading statement due from Asos tomorrow, so might give us a guide as to how well Christmas went for the sector.

Balerboy - 10 Jan 2018 22:14 - 434 of 488

Thanks harry.

HARRYCAT - 11 Jan 2018 07:34 - 435 of 488

StockMarketWire.com
Online fashion group boohoo.com has raised revenue guidance after a record for months to the end of December.

Group revenues rose to a record £228.2m in period up from £114.3m a year ago (an increase of 93% at constant exchange rates) with growth was spread across all geographic regions.

It said group revenue growth for the financial year was now expected to be around 90%, ahead of the previous guidance of around 80%, which was raised from 60% at the interim results in late September.

The group now expects adjusted EBITDA margins to be between 9.25% and 9.75%, narrowing the range from the 9% to 10% as guided at the interim results.

Joint chief executives Mahmud Kamani and Carol Kane said: 'We are delighted to report another set of strong financial and operational results, with record sales in the four months to December across all our brands.

'The Black Friday period was our most successful ever and we traded well throughout the period under review. boohoo has continued to perform well, delivering strong revenue growth on increasingly challenging comparatives last year.

' PrettyLittleThing has continued to deliver exceptional results and Nasty Gal is making excellent progress in its first year.

'Our focus remains on the customer proposition: offering the best range of the latest fashion at affordable prices, coupled with great customer service.'

Balerboy - 11 Jan 2018 07:54 - 436 of 488

Think this deserves a ......... gibby yyyyyyeeeeeeehhhhhhaaaaaaaa

Balerboy - 11 Jan 2018 10:14 - 437 of 488

Well........ that was a damp squid!

HARRYCAT - 11 Jan 2018 16:13 - 438 of 488

Looks like a case of 'sell the news', though watching the US financial tv channels, folks are getting a bit nervous about the markets having run out of steam and some are expecting a downturn this year. 10 year bond yields at an all time high (corrected below), some sectors are in bubble territory, QE finished, valuations of many stocks looking too high etc etc....
Who knows, but taking profit at some time soon might be a good strategy.

2517GEORGE - 11 Jan 2018 16:22 - 439 of 488

Re taking profit, I made a start yesterday and plan to continue to do so with all but a handful of stocks.

I wouldn't have thought the 10 year was at an all time high though

HARRYCAT - 11 Jan 2018 16:46 - 440 of 488

Correction.....US 10 yr Bond yield at all time (since 1962) low.....too much of a hurry!

The presumption being that as interest rates nudge up and other income streams become more attractive, equities will suffer as a consequence?

robinhood - 12 Jan 2018 14:48 - 441 of 488

2517george-started doing same thing although it feels a bit like saying goodbye to your "offspring"-anyway £ in the bank are £ in the bank-provided the banks do not go belly up..

robinhood - 12 Jan 2018 14:48 - 442 of 488

2517george-started doing same thing although it feels a bit like saying goodbye to your "offspring"-anyway £ in the bank are £ in the bank-provided the banks do not go belly up..

HARRYCAT - 16 Jan 2018 10:27 - 443 of 488

Citigroup today upgrades its investment rating on Boohoo.com Plc (LON:BOO) to buy (from neutral) and set its price target at 235p

Balerboy - 16 Jan 2018 11:31 - 444 of 488

Sold 3/4 of my holding here at 193p will wait for news now.

Balerboy - 16 Jan 2018 14:00 - 445 of 488

Look like another pleasing day for me. Profit in the bank.

Balerboy - 19 Mar 2018 20:06 - 446 of 488

Very glad I banked some earlier.
Hope April''s finals come in with some good
Numbers or there's going to be trouble ahead.......

HARRYCAT - 20 Mar 2018 09:50 - 447 of 488

Also glad I sold mine a while back. Happy to watch for the time being.

Balerboy - 20 Mar 2018 15:51 - 448 of 488

I'm now buying back in dribs and drabs. Hoping
April's figures are good.

hlyeo98 - 21 Mar 2018 08:29 - 449 of 488

Do u think the April's figures would be favourable, balerboy?

Balerboy - 21 Mar 2018 10:02 - 450 of 488

Can't see why not. Plus nastygal and pretty little thing
Should...... hopefully be more established now.

hlyeo98 - 21 Mar 2018 18:31 - 451 of 488

But sp seems to be falling each day.

Balerboy - 18 Apr 2018 07:35 - 452 of 488

Major share holding buy this morning
Something nice coming me thinks.

cynic - 18 Apr 2018 07:43 - 453 of 488

Quilter increase holding from 15.09% to 16.32%

Balerboy - 25 Apr 2018 07:29 - 454 of 488

Final ResultsRNS

RNS Number : 0012M

boohoo.com plc

25 April 2018

For Immediate Release

25 April 2018



This announcement contains inside information

boohoo.com plc - final results for the year ended 28 February 2018

"Leading the fashion eCommerce market"

2018

2017

Change

£ million

£ million

Revenue

579.8

294.6

+97%

Gross profit

306.4

160.8

+90%

Gross margin

52.8%

54.6%

-180bps

Adjusted EBITDA(1)

56.9

35.6

+60%

% of revenue

9.8%

12.1%

-230bps

Adjusted EBIT(2)

50.4

31.2

+61%

% of revenue

8.7%

10.6%

-190bps

Adjusted profit before tax(3)

51.0

31.9

+60%

Profit before tax

43.3

30.9

+40%

Adjusted diluted earnings per share(4)

3.23p

2.20p

+47%

Diluted earnings per share

2.71p

2.16p

+25%

Net cash(5) at year end

133.0

58.4

+£74.6m

Financial Highlights

Group

·     Revenue £579.8 million, up 97% (92% CER(6))

·     Strong revenue growth across all geographies with UK up 95% and international up 99%

·     Strong balance sheet with net cash of £133.0 million (2017: £58.4 million), following £50 million share placing and with robust operating cash flow of £76.2 million (2017: £36.1 million)

boohoo

·     Revenue £374.1 million, up 32% (29% CER)

·     Gross margin 51.2%, down 330bps, driven by planned investments in the customer proposition (retail gross margin 53.4% (2017: 56.1%))

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%

Operational Highlights

Group

·     Distribution centre extension build complete, fit-out on schedule, sufficient for over £1 billion future group operation

boohoo

·     6.4 million active customers(7), up 22% on prior year

·     Transition to new website platform complete across all markets, with stability, flexibility and performance improvements

·     Significant investments in customer service improving the customer proposition

PrettyLittleThing

·     3.0 million active customers, up 128% on prior year

·     Increasing momentum in brand awareness driving growth in customer numbers

·     High profile celebrity associations driving traffic and international expansion

Nasty Gal

·     0.4 million active customers

·     Product range built to over 5,000 lines in 12 months

·     International appeal outside of US growing, increasing revenue

·     New offices in Manchester to support a growing operational team and in Los Angeles focussing on marketing

Balerboy - 25 Apr 2018 08:24 - 455 of 488

Here we go....... all the sellers have gone through
And peel hunt 300p target on its way.

cynic - 25 Apr 2018 09:07 - 456 of 488

good to have one very cheery spot on a bloodbath day

robinhood - 26 Apr 2018 12:31 - 457 of 488

cynic too bad for both of us but it seems that -yet again-1 swallow does not make a summer

robinhood - 26 Apr 2018 12:33 - 458 of 488

mind you -if I was a swallow I would bugger off to the Med as well...

Balerboy - 26 Apr 2018 13:34 - 459 of 488

Agree. What amount of profit has this company
Got to achieve to raise the sp to a decent level.

HARRYCAT - 26 Apr 2018 14:03 - 460 of 488

If 'the market is always right', the current trading range would therefore imply that the stock is fairly valued?
PE is somewhere around 70 and gross gearing is about 46%, both figures very high, imo.

Balerboy - 26 Apr 2018 18:46 - 461 of 488

Now with some blocklisting shares
Means more dilution. Think the brokers
300p a long way away. :(

Balerboy - 27 Apr 2018 17:32 - 462 of 488

Well, from 143p to 181p not too bad ....... if
We get a nice steady rise from here ..........

HARRYCAT - 18 May 2018 09:50 - 463 of 488

Liberum Capital today reaffirms its buy investment rating on Boohoo.com Plc (LON:BOO) and raised its price target to 220p (from 200p).

Balerboy - 18 May 2018 13:50 - 464 of 488

I sold 2/3 on the profit from 143p to 181p as didn't look to be going anywhere soon. So will sit tight with what I have left for now.

HARRYCAT - 12 Jun 2018 09:46 - 465 of 488

StockMarketWire.com
Online fashion retailer Boohoo said Tuesday revenue jumped 53% in the first three months through May, from the same period last year, with company leaving its full-year revenue and earnings guidance unchanged.

For the first three months of the year ended 31 May, revenue rose 53% to £183.6m and gross margin increased by 100 basis points to 55.2%.

'Trading in the first quarter of the 2019 financial year has been strong and in line with our expectations,' the company said.

The bulk of the revenue was generated from the boohoo division boasting revenues of £97.2m, up 12% from the first quarter last year.

For the full year, the company said it expected group revenue growth to be 35% to 40% with adjusted earnings (EBITDA) margin between 9% to 10%.

'We are very pleased with the group's results for the first quarter of the financial year. Our multi-brand strategy is delivering above-market rates of growth globally,' said Mahmud Kamani and Carol Kane, joint CEOs.

cynic - 12 Jun 2018 10:03 - 466 of 488

not the most inspiring numbers and sp hit accordingly

kimoldfield - 12 Jun 2018 12:43 - 467 of 488

Progress nevertheless cynic, I just hope they do not overextend themselves, a steady ship is better than a Titanic, best to get to the destination without rushing it!

HARRYCAT - 12 Jun 2018 13:35 - 468 of 488

Liberum Capital today downgrades its investment rating on Boohoo.com Plc (LON:BOO) to hold (from buy).

HARRYCAT - 13 Jun 2018 11:17 - 469 of 488

Barclays Capital today downgrades its investment rating on Boohoo.com Plc (LON:BOO) to equal weight (from overweight) and raised its price target to 240p (from 225p).

cynic - 26 Sep 2018 08:38 - 470 of 488

market very much likes the figures (below) and sp currently +8%

Boohoo ups revenue guidance as profits swell to record

Online fashion retailer Boohoo raised its full-year revenue guidance Wednesday after first-half profit and revenue swelled to a record.

Group revenue growth for the year to 28 February 2019 was expected in the range of 38% to 43%, up from 35% to 40% previously, with adjusted earnings (EBITDA) margin expected between 9% and 10%, the online retailer said.

Medium-term guidance of at least 25% per annum and EBITDA margin of 10% was maintained.

For the six months to 31 August, profit before tax jumped 22% to £24.7m, revenue increased 50% to £395.3m and gross margin increased by 200 basis points to 55.3%.

The strong revenue growth was led by a 62% jump in international growth, which now made up 41% of total revenue, while UK revenue rose 43%.

The number of active customers rose 15% to 6.7m.

Balerboy - 26 Sep 2018 14:08 - 471 of 488

Highlights

Group

·     Revenue £395.3 million, up 50% (49% CER(6))

·     Strong revenue growth across all geographies (UK: +43%; international: +62%). International now 41% of group revenue

·     Strong balance sheet with net cash of £155.6 million (2018: £119.2 million) with robust operating cash flow of £55.7 million (2018: £33.0 million) and free cash flow of £24.5m (+93%)

·     Distribution capabilities enhanced: PrettyLittleThing warehouse relocation completed; and automation of Burnley site to drive future efficiency is on schedule

boohoo

·     Revenue £209.0 million, up 15% with market share gains in all focus markets

·     Gross margin 53.4%, up 110bps; retail gross margin 56.0%, up 160bps

·     6.7 million active customers(7), up 15% on prior year

·     Market share and brand awareness increasing, supported by proposition investments

·     Next phase of fit-out and automation of distribution centre in Burnley on schedule for utilisation in 2019

PrettyLittleThing

·     Revenue £168.6 million, up 132%

·     Gross margin 57.3%, up 250bps; retail gross margin 59.0%, up 200bps

·     4.0 million active customers, up 99%

·     Outstanding growth of market share and revenue in all markets

·     Successful relocation of distribution centre to Sheffield with significant capacity that can service the brand's growth

Nasty Gal

·     Revenue £17.7 million, up 111%

·     Gross margin 59.0%, down 480bps driven by refinements to the customer proposition

·     0.6 million active customers, up 313%

·     Strong revenue growth in the USA and international markets

Guidance

Group revenue growth for the year to 28 February 2019 is expected to be 38% to 43%, up from our previous guidance of 35% to 40%, with adjusted EBITDA margin between 9% and 10%. We reiterate our medium term guidance to deliver sales growth of at least 25% per annum and EBITDA margin of 10%.

Mahmud Kamani and Carol Kane, joint CEOs, commented:

"Our group results for the first half year show yet another strong performance, delivering record sales and profits. All of our brands performed extremely well across all territories as we continue to gain market share. We achieved market-leading growth in all markets, with Rest of Europe and the USA being particularly pleasing. Growth in the UK, our largest market, remains very strong.

We successfully executed a major relocation of the distribution centre for PrettyLittleThing, which represents a key milestone as we develop a distribution network capable of generating £3 billion of net sales globally, in line with our vision to lead the fashion eCommerce market. This relocation was carried out with a low level of disruption to the operations of PrettyLittleThing and is a credit to the project team. Our extended distribution centre in Burnley, which will have a significant element of automation to drive efficiency savings, is scheduled for operational use in 2019."

HARRYCAT - 06 Dec 2018 14:11 - 472 of 488

StockMarketWire.com
Online fashion retailer Boohoo said the Committee of Advertising Practice confirmed it had closed its probe into whether the company's time-limited promotions had broke advertising rules.

The Committee of Advertising Practice decided against pursuing further action against Boohoo after it had pledged to continue to review its promotional offers to remain compliant with regulations.

Boohoo said that it had been in correspondence with the Committee of Advertising Practice and the Advertising Standards Authority after media reports accused the retailer of misleading customers by putting false pressure them to buy quickly.

'CAP (The Committee of Advertising Practice) has requested that the Company take its guidance on board, the company said.

'The Company has confirmed that it will do so and will continue to review its promotional offers so that they comply with applicable regulations. CAP has confirmed that this matter is closed and there will be no further action.'

robinhood - 06 Dec 2018 14:21 - 473 of 488

At least some good news amidst today's carnage....Oh nearly forgot: Biome Technologies (ex Stanelco) up a massive 4% today which should increase all investors holdings by about 10p I reckon

skinny - 17 Dec 2018 08:43 - 474 of 488

Update

Boohoo group plc (AIM: BOO), a leading online fashion group, is pleased to confirm that the group's trading performance remains strong, with record Black Friday sales across the group and continues to trade comfortably in line with market expectations. The group will provide an update for the four month trading period to December 31st on January 15th 2019.

more.....

cynic - 17 Dec 2018 08:47 - 475 of 488

Very interesting in the light of the ASC profit warning - see that thread

Balerboy - 17 Dec 2018 10:19 - 476 of 488

My boo shares cost me nothing at the mo..... so
Might add some if and when they stop dropping in sympathy
With asos.

cynic - 17 Dec 2018 10:43 - 477 of 488

the chart is vile, and i shall not cast gloom by posting it
however, in the light of the strong update, a BUY would not seem unreasonable - except that the whole market stinks at the moment and could easily keep falling for a while

cynic - 17 Dec 2018 15:06 - 478 of 488

if i wasn't so scared of the markets, i would be sorely tempted to buy some of these
they have been (unfairly) hit by 13% today, in sympathy with the ASC profit warning, but put out their own confident trading update

skinny - 07 Jan 2019 12:20 - 479 of 488

Brexit vote day!

The group will provide an update for the four month trading period to December 31(st) on January 15(th) 2019.

skinny - 15 Jan 2019 07:25 - 480 of 488

Trading Update

Highlights

Group

· Strong revenue growth of 44% (43% CER) across all geographic regions

· Gross margin for the four months 54.2%, up 170bps

· Strong balance sheet with net cash of £189 million (31 December 2017: £127 million)

boohoo

· Revenue £163.5 million, up 15% (14% CER). Year-to-date revenue £372.5 million, up 15% (13% CER)

· Gross margin for the four months 52.2%, up 150bps

PrettyLittleThing

· Revenue £144.2 million, up 95% (96% CER). Year-to-date revenue £312.8 million, up 114% (115% CER)

· Gross margin for the four months 56.4%, up 110bps

Nasty Gal

· Revenue £20.6 million, up 74% (76% CER). Year-to-date revenue £38.3 million, up 89% (93% CER)

· Gross margin for the four months 54.4% (2018: 55.3%)

Guidance

Group revenue growth for the financial year to 28 February 2019 is expected to be 43% to 45%, ahead of our previous guidance of 38% to 43%. We expect group adjusted EBITDA margins to be between 9.25% and 9.75%, narrowing the range from the 9% to 10% as previously guided. All other guidance remains unchanged.

Mahmud Kamani and Carol Kane, Joint CEOs, commented:

"We are delighted to be reporting yet another great set of financial and operational results and would like to say a very big thank you to all our team and customers. We remain firmly focused on continuing to provide our customers with great fashion at unbeatable value. The global growth opportunity is significant and we will be addressing it in a controlled way - investing in our proposition, operations and infrastructure to capitalise on the opportunity."

Balerboy - 15 Jan 2019 07:46 - 481 of 488

I wonder if it will help the sp this time? ??

HARRYCAT - 15 Jan 2019 12:29 - 482 of 488

Barclays comment today:
"Given the pain that has been felt elsewhere through peak trading, Boohoo’s ability to deliver a small revenue beat at a decent gross margin, as well as a small guidance upgrade, is pretty impressive. However, we think expectations heading into this statement had risen after the company put out a comment in mid-December saying they were “trading comfortably in line with market expectations” and a strong share price performance in the last couple of weeks. The guidance uplift doesn’t point to any upgrade to consensus. And although PLT has again been very strong, bears have something to run with: Boohoo hasn’t seen growth accelerate from 1H despite a markedly easier comp. So although this statement definitely justifies a large outperformance vs ecommerce in recent weeks, it doesn’t necessarily give a big further positive injection.

We are Equal Weight. Valuation is expensive on EV/Sales (2.3x vs ASOS on 0.8x) and EV/EBITDA (24x vs ASOS on 15x) but not on P/E (Boohoo’s 38x a discount to ASOS 46x). That reflects big differences in capital intensity between the businesses. But we do see the gap in ROIC in our ASOS model (8%) vs our Boohoo model (greater than 50%) as unsustainable long term, if not quickly reversible near term. We see more value in ASOS here, if not necessarily earnings momentum."

robinhood - 15 Jan 2019 16:09 - 483 of 488

very tempted to add but got enuf of asos and boo to refrain from doing so..
(I will never learn-but have fun in meantime)

robinhood - 15 Jan 2019 16:10 - 484 of 488

not today though!!

HARRYCAT - 16 Jan 2019 09:47 - 485 of 488

Barclays Capital today reaffirms its equal weight investment rating on Boohoo.com Plc (LON:BOO) and cut its price target to 190p (from 240p).

robinhood - 25 Jan 2019 19:06 - 486 of 488

Bad news: MoneyWeek recommends "three to sell" which includes BOO
Good news: MoneyWeek frequently wrong of late

robinhood - 25 Jan 2019 19:06 - 487 of 488

but I guess we all are sometimes..

cynic - 26 Jan 2019 09:13 - 488 of 488

ASC has certainly been the one to follow and trade recently

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boohoo.com plc........NEW HOT IPO. (BOO)