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Boohoo.com - Essential investment to hold back H1 profits

September 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • BOO
  • Price:
  • 42.5p
They say that every cloud has a silver lining. This couldn't be more true than in the case of Boohoo.com, a clothing e-tailer targeting 16-24 year olds. The company was established by Mahmud Kamani and Carol Kane who previously ran Pinstripe, a business supplying Topshop, Primark and New Look with cheap clothes imported from the Far East. When those customers began to source directly, cutting out Pinstripe, the duo didn't stand still. Instead, they decided to set up their own retail operation, Boohoo.com, in 2006 before eventually folding Pinstripe into it. The business last year had grown to 2.3m customers and delivered 63% sales growth, topping £100m for the first time with a proforma ebitda (assuming Pinstripe had been folded i ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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