I managed to average down to 92p per share; what I haven’t decided is what I intend to do from here and within what timeframe.
Almost everything I’ve done in the past month, portfolio-wide, probably belongs in a “How not to Invest” book. The only thing I know where Boohoo is concerned is that it does face some significant headwinds, I just think the market reaction to those headwinds has been an overreaction.
Some nice movement today 
I would caution a rising tide lifts all boats
I guess when the tide goes out we’ll find out who’s been paddling in a pair of poorly made fast fashion trunks which fall apart in water 
EU to crackdown on fast fashion.
Norges bank increases it’s position from 4.99% to 5.87%
Also T Rowe Price decrease there position from 10.9% to 9.7%
Edit ignore this wrong information.
Boohoo is undervaued.people are stuck at home with money to spend.
Dunno who’s stuck at home everywhere is fully opened up now.
Hopefully they have a good summer.
I’ve made some money trading this lately.
Next earnings is May 4th
It looks like some shares lent out by Norges have been returned or recalled.
Boohoo is one of the most shorted stocks in the UK if you look at reported short interest.
May 4th is when they will publish their full year results.
Yeah my bad maybe shouldn’t try reading them while busy at work.
boohoo is one of the UK’s biggest online fashion retailers. With the boohoo share price down by 20% since the start of the year, I am keen on exploring whether boohoo’s shares are currently trading at a discount.
Whats everyone expecting for future growth given inflation is continuing to go up. BOO is already on razor thin margins.
I guess the question is to what extent have the headwinds already been priced in.
As you imply though, the downside to fast fashion is that if your margins are virtually nothing, cost increases have nowhere else to be passed onto other than the consumer, there isn’t capacity to absorb them.
My opinon is boo is very likely to rise on good news which is scheduled to come. I dont think there will be any bad news.
Lets hope so because all these fears about economic growth slowing and everything becoming expensive is worrying me
This didn’t age well
RIP Ozbourne Foreman
Top line growth is irrelevant. Bottom line is a total disaster with v high capex and razor thin margins. Net cash down to 1.3m from 276m?!
They can’t compete with Shein when they have a better supply chain and pay hardly any tax in UK.
Increasing costs and selling consumer discretionary goods in an inflationary environment is not great.