BOO preliminary results due tomorrow

Tuesday, Apr 25 2017 by

From the update of 28th February: "The boohoo Group will announce its Preliminary Results for the twelve months to 28 February 2017, and provide detailed financial guidance for FY 18, on 26 April 2017. "

The SP has risen inexorably recently, pushing the forward P/E up towards the mid 70's, having been settled around 60 for a while. Are we entering bubble territory? Do we have a swathe of new buyers seduced by the continually rising revenues and forecasts? A little over two years ago, not long after first listing BOO fell by around 50% after a set of good results - which must just not have been as good as the holders at that time were hoping for. Since then the price has risen by over 700%.

It will be interesting to see what transpires tomorrow.

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Boohoo Group PLC, formerly plc, is an online fashion retail group. The Company is based in the United Kingdom and has a strong presence in the United Kingdom, the United States, Europe and Australia, selling products to almost every country in the world. The Company owns the boohoo, boohooMAN, PrettyLittleThing and Nasty Gal brands. These brands design, source, market and sell clothing, shoes, accessories and beauty products targeted at 16-30 year old consumers in the United Kingdom and internationally. more »

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3 Posts on this Thread show/hide all

vik2001 25th Apr '17 1 of 3

ive watched this share rise by 130% in the last 2 months, wish I got in.

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herbie47 25th Apr '17 2 of 3

In reply to post #181017

? 130% in 2 months that does not look right.

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jonesj 25th Apr '17 3 of 3

Well the share price is holding up well this week, so no evidence of anyone (connected), er, anticipating bad news. So I'm reasonably optimistic.
Top sliced 75% a while ago, but the remaining 25% is still doing well.

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