I warned him when the stock was £1.85 that a fair price was around £1.10 and he was set to lose a lot of money if he didn’t diversify… little did I know it would go sub £1.00.
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I bet they don’t want any roubles, you’d have to take a wheel barrow full to buy something from Burberry soon.
Trading Update on 10th March in the meantime it is finding new lows.
Update from Boohoo re: Russia
Boohoo is deeply concerned about the tragic developments in Ukraine. Immediately following the invasion, the Group suspended sales to Russia, and also closed its Russian trading websites. Sales made by the Group into Russia are not material, totalling less than 0.1% of Group revenues.
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Means nothing mate. Business is dead
Not really. Revenues still growing mid double digits, costs are just higher for now. I guess the question is how long will costs remain high.
Also, looks like the company is now under 1bn market cap, which is bonkers.
Bonkers, hut stuff is often cheap for good reason. I had the same people give me the same responses before it fell 70%+.
Management are fishy, auditor activity leads me to not trust accounting. Easier fish to fry in this market.
Norges Bank more than doubled their stake according to the latest RNS.
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one of the most unethical business ever (Boohoo facing possible US import ban after allegations over use of slave labour | Business News | Sky News) …plus fast fashion is declining and Gen Z are focusing on second hand clothes or new emerging brands
Message sent from an iPhone made in Zhengzhou, China.
March 2021 old news
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I’ll jump in at 50p
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there are red flag about ESG issue s everywhere about Boohoo
Institutional investors are dropping their shares (check this article):
Old news again. The price is probably falling in anticipation of crap earnings on the 10th
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Tough times. I’m doing stupidly bad on this. I’d have to double up twice just to get an average share price below 100p. If only I had sold when it was over 400p and brought a decent global tracker like VWRL. We live and we learn. No point selling now.
I’ll top up when it drops to 25p a share 
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Absolutely crazy the price on boohoo right now… I remember selling for £2.80 a share.
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I’ve sorted the price out
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boohoo is pleased to announce this morning the publication of Sir Brian Leveson’s fifth, and final, report (“the Report”) to the Group’s Board. The Report confirms that the Group has completed, as part of its Agenda for Change programme, the work streams identified from the recommendations of its 2020 Independent Review.
From the latest RNS
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Up 14% this morning
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