Boohoo.com Forum

N+1 Singer note out this morning: Our site visit with investors to Manchester HQ and Burnley DC highlighted very clearly management’s growth ambitions for the Boohoo brand and the expansion plans being implemented. The next major phase of warehouse expansion will increase sales capacity to £0.8bn (4x FY16 sales) and this will likely provide the headroom until FY24. Expansion will likely include the acquisition of PLT too though. This will shorten the time horizon for reaching capacity on the expansion timetable but EPS accretion could be 10-15% including sav..." taken from Research Tree

"boohoo recorded strong start of the FY2017. The Group expanded revenue across all regions, particularly strong in the UK as its strategy to expand third party sales turned very positive. The expansion in the number of partners helped to build its brand internationally and broaden customer reach. The Group now see 36% of its revenue outside of UK and it continued to gather momentum (given UK sales also growing well). Although increased third party sales along with planned investments in price and customer proposition have reduced the overall gross margin, as expected. Reduced marketing expenditure has offset some of this reduction and the Group said it will continued to work to build customer lifetime value. During the period, number of active customers, order frequency, basket size and conversion all increased, and boohoo continued to broaden its product range, increased fashion appeal and offered attractive prices to customers. With this in mind, together with adjusted EBITDA margin expected to be maintained at 9.6% and Board’s confidence in upgrading full year sales growth of between +25% to +30% (previous guidance stated c.+25%), we think it still has an upside potential at current share price level. We believe worldwide market for internet fashion sales will continues to expand as shopping preferences shift towards convenience and competitive pricing affordable by internet retailers, like of boohoo." Beaufort note out this morning on Research Tree

Trading Update out this morning: New note from Zeus Capital on Research Tree: Strong start to the year: Q1 growth of 41% and positive outlook, nudging up our FY forecasts boohoo reports headline revenue growth for the three months to 31 May of 41% (42% CER) YoY, delivering Q1 sales of £58.2m. Growth continues to be powered by the UK, which delivered 42% growth, albeit this is somewhat flattered by the impact of third party sales, which are recognised as part of UK sales (we estimate UK growth excluding third party sales to be c.31%). boohoo continues to gather momentum in international markets, with growth reported in Rest of World at 37% (40% CER), while Rest of Europe grew at 40% (43% CER). It's up on Research Tree

with profit about 1p per share and compare to supergroup profit of around 50p, boo is expensive at 36p then SGP should be around £18 and its about £15 now, so SGP is a better buy, so is ASC, JD., SPD, NXT all better buys than boo imo

Lol.. MORGAN93 things he knows it all so much better than the rest of us when all hes done is said what I said at 13:26 but just made it long winded haha

No buy back can happen until the AGM and shareholders approve it.. This stock will rise again, it's just being played by the MM at the moment to maximize their profits when it does..

MAC D, and especially RSI is over bought, RSI and sp needs to come down abit before going higher?

rsi is showing over bought

gap below 26p need to be filled or closed maybe that expalins the down with sp

higher open in the morning