Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
How is level 2 looking? This is looking very strong on the buy trades indeed to me!
If there is full reversal today this could bounce very hard indeed, shows the tree shake and don’t think there will be another chance to do that this side of £5
So how much has Mike Ashley spent in total approx? Totally agree it never was a takeover, he sees massive value in retailers, the online efficient ones and for me this is even better. The ones interested in takeover might still be, but long haul here will pay off massively so I’m adding more
I’m following lead from Ashley and believe the noise from Bank of England will be that they will stay strong on rates but that some signs are more encouraging. Still means higher mortgage so less money to spend but lower inflation comments and the good weather and most importantly the management now focussing on profitable sales with lower shipping and cotton costs, so expecting quite a turn in the outlook to the positive over next few days. I’m off to buy some more. Buy toys in the summer, not at Christmas. Buy gas fires and radiators in the summer not the winter. Buy Asos shares after they go up 40%, no hang on…
Invest in facts not watching share prices. Market cap vs free cash flow expectations are not aligned to me so I’m a buyer. If you see the share price fall and are worried and sell then you are using the wrong guide in my experience
I believe what is happening is called a tree shake rather than selling, something you only know when it is too late if you have sold or not bought in the dip. If investing and making money were easy it wouldn’t work, has to be losers as well as winners!
I bought a lot yesterday 373, bought today 408 and 388 and 398 and will keep buying below 550p which I consider a bargain after the latest trading statement. Will sit and wait for others to decide but not missing this rocket ship
Mike Ashley just bought over 5% of boo as well. Who would do all this if retail wasn’t about to do very well in second half. I’m using todays strange movement to buy more! Good luck all
I see over £5 by end of tomorrow. Think about what Next has just confirmed and with summer weather, second half with Xmas and Black Friday I am buying as many as I can under £5. Forget takeover rubbish, they are profitable and expecting large free cash flow in H2. Let’s see!
Repeat. Not ramping, how can stocks stay hugely short on market leading retail stocks after lulu lemon and next showing it is ok or better than ok. There is going to be a stampede today imho
Next has just blown a huge hole in the shorters playbook for retailers. This will go now, imho
Incoming…
Would not want to be out of this share at the moment. Well I’m in for 2 to 3 years until it gives me golf retirement 🙂.
Based on so many things and on what is happening in SOFC market and shares, JV needs to be signed soon as Weichei want to get on with it and the share price tells me something is up. Hour to go on Friday, a quiz for FUN to those with a beer in hand and the cricket on and waiting for golf to start…
A tap which dispenses water at the wrong time has a…?
A famous welsh vegetable…?
Top secret project gets into the public domain caused by a…?
Badly fitted shower can result in a…?
4 letter word starting with L and rhyming with meek..?
Going for a L**k after a night at the pub..
You know the cineworld and GameStop rubbish on Reddit. Somebody should start a thread there to get people fired up to beat the shorters here as this is a really good business and British so I want to support British tech business. Perhaps we can actually become very big and become the world leading clothes retailer, the automation is key here and Amazon is not a worry, I think there is a chance to make a lot of money here but also to help UK
Please correct me if wrong. Reasonable chance this share will deliver approx £300m of free cash flow on an annual basis and all systems, automation, customer base suggest they can then grow. Yes economy is bad and people can spend a little less on clothes, but market cap £455m, really why wouldn’t you go big on that????
Please paste Peel comments about BooHoo
Anyone unsure where this will go should read the last results and comments from Boohoo. With freight continuing to fall and returns down and inventory down, taking what ASOS said this morning, BOO is likely to forecast very significant free cash flow for H2. It is exciting to buy here and then wait for quick double as the market catches up with the simple balance sheet facts that this is undervalued here.
Hard to know what they will say but I have a concern that if the UK clothing sector was picking up and they were going to be positive, BOOHOO would not be down 4%. Re Zalando it is down substantially in last month.
I’m hoping they are really bullish tomorrow but fear they will only do that if they really are, ie won’t want to say too much until they have figures to back the positive statements and that might not be until about September.
Summary I have no idea how tomorrow will go and will sit on what I own before making any further view before the statement..
I have predicted a 30%+ rise the day the JV is signed (let’s say if just to please the negative views) and I think very real chance that it goes all the way to £5 in the day or the day or two after. Look at the scale and demand there will be for SOFC in China. Look how quickly china do stuff and then look at thr likely signing soon of a similar agreement for a US partner. Then we await the shipping deals that were mentioned in the December podcast, wr await our government and others to write policy aimed at low carbon support like the US has done. We have the Linde and Shell trials that are likely to update progress during trials, full scale manufacturing at Doosan and Bosch coming on line in a little over 6 months. We have potential license upgrades at existing partners to license the SOEC and we have all of the upcoming reports from the analysts from Friday meeting.
I’m very happy where my investments sit, I want my money in world leading companies for the next decade and more. So many other sectors have head winds and a wall of money from old Fossil fuel economy and funds and banks is going to move to the Green sector, like a rolling snowball it will bring a second snowball of investors that play catch up. “Ramp” over before those that don’t like to see what is in front of their eyes. Sometimes a balanced approach stops you doing what is best for your own money, but it is your money so make your own mind up!!!
Pleasure. Starting to feel like there are some good notes out from last weeks analyst meeting, attended by over 50 which was much higher than expected. On a day of lacklustre trading in most shares, the rise here could have something else very interesting behind it. Time will tell, but this was way way way oversold for NO good reason. There has been no negative news other than a delay to JV signing and huge amounts of positives in last year. Could get very interesting if it keeps rising this morning as many will start to feel the JV might be finally ready