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I'm dumbfounded at the way the market has treated £W7L. My only conclusion is they think the company is ex-growth, but I'm not convinced. I guess we're waiting for new forecasts. I start all these statements with I'm an idiot. I'm probably doing something wrong and appreciate the corrections. If profit is £8.25M and there are 70M shares, that's profit per share of 11p. Not…

Doing this on my phone, any errors are accidental and I am more than happy to be corrected. The inline update for £W7L said profit between £8.5M and £10M. Actual result from the TU, £8.25M. Not exactly a huge miss. I see this as a top up opportunity and I suspect the company will learn a lot of lessons about managing expectations.

Boohoo (LON:BOO) Re: the concern about Kamani creating an new brand I’m no expert in legal matters, this post is a question not a statement. The company I work for has put into my contract that I am not allowed to work for anyone else whilst I am that companies employment and unless I seek prior approval, any business I create will be considered owned…

Indeed this is a worry, I am of the personal opinion that it's not a coincidence that PLT is outperforming Boo and that the family has a bigger stake in PLT than core Boo. I'm hoping the (relatively) new Chairman, Peter Williams can grab a hold of this issue and start getting all three brands treated with equal weight.

I'll start with the same fact: I'm a simpleton. This isn't a repeat of the 2008 crash. This is the 2008 crash that the suits thought they could fix; solving a debt crisis by creating more debt. The can has come to the end of the road, there's only one way, and that's back up the road that's now significantly longer to travel.

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