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I will obviously have to agree. My timing was off the last time, but have to say its over sold, had to top up again. Potentially great return on our investment IMO.
This is a good buy in price, I have watched this share for years and like yo sat on this sidelines and watched it double within about a week, I am not saying that will happen here but it should rise to 22-24p within the next month. The brand is getting out there it was on This Morning yesterday and has a lot of potential imho.
BooHoo went up 1000% in five years.
At the moment I'm not certain about SOS. It's on my watchlist, though.
One off customer acquisition costs or recurring costs?
Early days but very optimistic
Cleaver move by the directors choosing this niche market, worth billions. Can be the next boohoo, asos, of this targeted market, and nothing stopping them from expanding into others, if sos carries on getting the results. Optomistic . Gla
Yes indeed I’m sure boo boo and ASOS had losses and increased losses in their early days and look what happened their it’s no ASOS or boo boo by any standards but their not after that market of fast fashion ( which is changing ) worth a small invest here but not the house .
As expected, to kick start great things. Boohoo was no exception either. All going to plan Dyor
Oh dearee me - net loss for the full year will be higher than previously anticipated. Got that? Loss then bigger loss for as far as the eye can see
Topped up, just had to
Been in here for a number of years finally see some progress but we get a positive RNs and yet again the app dives.ah well back in the bottom drawer.
My intuition proved correct! Still looks excellent for a LTH, or trade maybe?
https://www.lse.co.uk/rns/SOS/trading-update-cjaisezw5vhqfwd.html
Sorry. Got that one wrong.
Just a rumour but could be worth setting your alarm for tomorrow (Friday) morning.
BooHoo RNS:
Group revenue growth for the financial year to 29 February 2020 is expected to be 40% to 42%, ahead of our previous guidance of 33% to 38%. We expect group adjusted EBITDA margin to be 10.0% to 10.2%, ahead of our previous guidance of around 10%. All other guidance for the current financial year and our medium term guidance to deliver sales growth of 25% per annum and 10% EBITDA margin remains unchanged.
BooHoo's Trading Update due tomorrow. Set your alarm.
In today's i newspaper: "..Boohoo is set to leave its high street rivals in the dust when it reports Christmas sales today. Analysts at Jefferies are expectinng sales to leap by around a third in the final four months ..". I don't think the Boohoo RNS has yet been released but I'm hoping the same might be true here. I'm setting my alarm for 7 a.m.!
Last year they reported on the 9th, so it should be this week...
I don't think they've said but for some reason I'm expecting next week.
Anyone know the date of the next trading statement?
I'm looking to buy some. Checking out their financials right now.
Hopefully a good Xmas and slowly coming up on more and more peopleS radar will see this get to the 30p and build a base . Happy to stay in this for the long term reward
Thanks for the responses. In the scheme of things, two years to wait for a stella rise is neither here nor there. They do seem to have things rolling nicely, and it is good to see the continuing general uptrend. Guess I will bite the bullet eventually and average down - but not just yet! Happy new year to all......
I personally wouldn't invest in Koovs. Despite the population, India is far from the best country for online fashion market due to its infrastructure and remote darn right impossible to reach locations. I felt it was destined to fail from the get go unfortunately. No comparison, different kettle of fish.
Idea has the right idea, every investment carrys a degree of risk. What caught my attention, among other things, is that SOS is making the right contacts and is developing at a decent comfortable pace. From my personal experience the key to succeeding in the fashion industry is to be upto date with the ever changing trend, and if good enough actually setting the trend, which I believe SOS potentially could. I see a lot of similarities here to boohoo. Like most business it started off at a loss but through clever marketing and business sense has grown at a decent rate to what it is now. Still early days but I invested in SOS stratagy and its potential. Dyor