Wow. A big drop like that for a relatively good RNS.. profit is up, brands are continuing well, we got an update on US sales as well which seem to be okay a lot to be missed here and a very good point from a previous poster, I think next results we get will show that boohoo is an all year company, as apposed to other companies who relish on Christmas and black Friday sales, boohoo like the previous poster suggested with its age range focus will probably benefit more around times of student loans and where students start to get some disposable income back i'm excited to see what happens, i can still see this company reaching 270-300 by the end of the year.. BW,YI
Re: Intriguing comparison ... good comparison pendil , thanks.SAGE
Re: Intriguing comparison I think the Blue Prism valuation is, to put it kindly, taking rather a lot on trust. Perhaps a more interesting comparison is with Fevertree -figures are from Stockopedia showing forecasts for ye 28 February 2018 and 31 December 2017 respectively: Boo FeverT/O £548m £158m Net Profit £30.0m £42.9mEPS growth +32% +57%(EPS growth last year +95.8% +106.4%)P/E 67.3 56.6Market cap £2200m £2430mThe forecast net profit figure for boohoo looks too low (and I don't think it has been updated since the trading update) and I would think more like £35m is achievable dropping the p.e ratio to around 57 and increasing the eps growth to about 54%. However, I suspect the net profit forecast for Fevertree is also too low. So the two are on comparable valuations but Fevertree possibly looks a bit cheaper.
Re: Intriguing comparison ....hi shabby 2 soxI obtained the reference data from Hargreaves Lansdown / searchSAGE
Re: Intriguing comparison Sage, how do you get a P/E of 24 for Blue Prism (which I have on my watch list) on negative EPS / Op profit?To answer your question - BOO all day long.
A reasonable balance Current end of day price 183p183p is 12p below the 3 month average.....of 195pso 12p above 195p is 208p ....so not unreasonable in maintaining the average208p has been a regular price appearance earlier this week.SAGE
Re: Re-Test lows 1.66? Here's a 30 minute chart[link]
Re-Test lows 1.66? [link]
Re: Major new shareholder - Not Another "kaning" for Boohoo?Cheers, RAC
Re: Major new shareholder - Not The announcement doesn't say whether it is an increase or a decrease. However, Mr Jalal Kamani held 76 million shares at 18 April 2017 or 6.81% of the share capital (according to the annual report) so this is a notification that he has dropped below the 6% mark, i.e he has sold about 10 million shares since April. Note the requirement is to disclose when dropping through a full percentage, so if he continues to sell the next notification will be when he drops below 5%. I gather Mr Jalal used to be involved in management and presumably retired, so it's not surprising that he wants to sell some of his shares and I wouldn't read too much into it.
Re: Major new shareholder ..... dimm , and do we know at what price he bought at ? ....SAGE
Re: Major new shareholder Is there a connection with the other Kamani already on the Board? The market seems not to have reacted well to the news.
Re: Major new shareholder [link]
Intriguing comparison T/O Op Prof P/E CapBlue Prism 9.6M - 5.3M 24 819MBoohoo 294M 31M 69.4 2130 MOn this basis, which would you rather invest in ? .......SAGE
Barclays capital Target 250pSAGE