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Re: bar1080 post# 194126

Thursday, 12/16/2021 7:17:53 PM

Thursday, December 16, 2021 7:17:53 PM

Post# of 233707
Another "never put money into" like satellites, anything related to China, and airlines. Stay the hell away from textiles man:

The fast fashion group Boohoo has warned that full-year profits and sales will be lower than expected after being hit by more customers returning clothes, delivery disruptions and surging costs.

Shares in the online clothing retailer plunged 15% in response to its second warning in four months, despite its insistence that the current difficulties facing the business were mostly related to the pandemic and therefore “transient in nature”.


https://www.theguardian.com/business/2021/dec/16/surging-costs-and-shipping-delays-force-boohoo-to-slash-sales-forecast

And of course...there is that "transient" bull crap being spewed. Transient my ass. Lowest share price in 5 1/2 years via LSE @ 106.05 GBX. Garbage and a value trap to say the least. It's fn' textiles man...lol.

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