Reports today that Kamani has been ordered to give evidence in U.S. fraud case.

and Sky News article:

How workers in Leicester's textile industry are still being exploited

Seems to have caused the market to have another melt down. Perhaps not unreasonably and it is becoming hard to separate out the reality from the noise.

Boohoo (LON:BOO) was my largest holding but as dropped to my fourth largest and is 10.3% of my portfolio. My average price is 276.43.

It is hard to keep the faith when there seems to be a non-stop flow of bad news. It is over 12 months since the board implemented the review and ~11 months since it was published and yet the market is pricing the company as ex growth, even a basket case.

I still believe that my medium price expectation of £6+ is not unreasonable but living through this is not easy.

As an aside non of my overweight "bets" (Anglo Asian Mining (LON:AAZ), Boohoo (LON:BOO) and Rockrose Energy (LON:RRE)) have worked out, though are work in progress and I am beginning to wonder whether there is simply to much uncertainty in investing to say more than 5% (or maybe 7.5%) in any one stock.



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