Boohoo shares are up 1,400% in 5 years. Is it too late to buy now?

first_imgThe group has access to plenty of data on its customers. Its brands have a huge social media presence. For example, PrettyLittleThing currently has 12.4m Instagram followers while Boohoo has 6.6m. The company also now has a presence on TikTok. Its brands design and manufacture on-trend clothing that is highly affordable. Our 6 ‘Best Buys Now’ Shares It owns a number of brands that are extremely popular among the Millennial generation – who spend a high proportion of their disposable income on clothing – including Boohoo, PrettyLittleThing (of which it now owns 100%), Nasty Gal, and MissPap. Boohoo (LSE: BOO) shares have been one of the London Stock Exchange’s biggest success stories in recent years. Over the last year, Boohoo’s share price has surged 90%. Over the last five years, it has risen more than 1,400%.Is it too late to buy the AIM-listed online fashion retailer now? I don’t think so. Here, I’ll explain why I believe Boohoo shares can continue to march higher over the medium-to-long term.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Boohoo: going from strength to strengthWhile many high street retailers are struggling right now, Boohoo is going from strength to strength.Just look at the company’s sales growth. Over the last three years, sales have risen by more than 300%.Meanwhile, in a trading update earlier this week, the group reported revenue growth of 45% for the three months to 31 May (including growth of 83% in the US). Given that the quarter was in the middle of a global pandemic, that’s extremely impressive.Looking ahead, I expect sales and profits to continue growing at a rapid rate. This week, the company advised that for the current financial year ending 28 February 2021, it expects top-line growth of 25%, ahead of market expectations.Looking at that forecast, the growth story here appears to be far from over. Further growth should continue to drive the share price higher.A retailer designed for the 21st centuryWhy is Boohoo enjoying such amazing success right now? I can think of a number of reasons: I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. “This Stock Could Be Like Buying Amazon in 1997” Ultimately, Boohoo is a retailer that is designed for the 21st century. With access to plenty of data, a strong social media presence, and no physical stores to drag down profits, it’s well placed to dominate in today’s digital world.Don’t be put off by the valuationNow, the thing about Boohoo shares is that they’re expensive. Currently, the forward looking P/E ratio using this year’s forecast earnings is 64. The P/E drops to 45 using next year’s forecast.These kinds of lofty valuations put a lot of investors off Boohoo. Ignoring the stock because it’s expensive could be a mistake, however. When I covered the stock in mid-November last year, its P/E ratio was a high 49. Since then, it has risen more than 50%.Boohoo shares: the trend is up Of course, Boohoo’s share price could be volatile in the short term, given the high valuation. It’s important to be aware of the risks.However, over the medium-to-longer term, I expect the shares to keep rising. I think anyone buying today is likely to be rewarded in time. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Boohoo shares are up 1,400% in 5 years. Is it too late to buy now? Enter Your Email Address Edward Sheldon, CFA | Friday, 19th June, 2020 | More on: BOO Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Edward Sheldon owns shares in Boohoo Group. The Motley Fool UK has recommended boohoo group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Its brands have easy-to-use platforms that offer fast delivery. Simply click below to discover how you can take advantage of this. It has no physical stores to eat into profit margins. Image source: Getty Images. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by Edward Sheldon, CFAlast_img read more

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Add turnovers to Clippers’ problems during exhibition season

first_img Newsroom GuidelinesNews TipsContact UsReport an Error With his team just 1-4 and struggling, Paul voiced concern that there is not much time left for his team to iron out its problems. Including Tuesday’s, there are just three exhibition games left before the season begins Oct. 30 at home against Oklahoma City. “These last few games, we have to start getting ready,” Paul said. “I don’t think we’re one of those teams that can just switch it on for opening night. So, we’ve got to be ready.”Injury reportTwo Clippers did not play Saturday because of injuries. Chris Douglas-Roberts, who is vying for the starting spot at small forward, sat out with a sprained ankle. Glen “Big Baby” Davis missed his second consecutive game with a right groin strain.Perhaps most worrisome is Jordan Farmar’s back, which has been acting up. He played just seven minutes Saturday.“I’ve been feeling it for a couple of weeks now,” Farmar said. “I’ve just been staying on top of it, and today it just flared up on me. It’s a little tweak in my lower back. I’ll be all right.”Farmar was queried as to a timetable for his return. He didn’t have anything concrete in that regard.“I think I’ll be OK,” he said. “The training staff is awesome, they’re on top of it. They work really hard trying to keep everything ready to go for the season, so that’s what we’re shooting for.”Rivers said on Friday that he wasn’t sure how long it will take Davis to get back. He said while Davis may be healthy by the time the season starts, he wasn’t sure if he would be in game shape.This and thatAfter opening their exhibition season with a 112-94 victory over the Clippers, the Warriors defeated the Lakers twice in succession and then beat Denver. However, Golden State has lost two in a row — to Miami and Houston. … Clippers small forward Matt Barnes has made just 2 of 24 shots so far. … Tuesday’s game, which is slated for a 7:30 start, will be televised by TNT. It can be heard on KFWB (980 AM). The Clippers have had trouble in several areas during what so far has been a rather unsatisfying exhibition season.They haven’t defended well, they haven’t shot well, they haven’t rebounded well. In addition, they are turning the ball over too much.The Clippers this past season averaged 13.3 turnovers per game, tied with Portland for sixth-lowest in the NBA. In five exhibition games this season, they are averaging 15.8 turnovers.Only Philadelphia (16.4) averaged more than that in 2013-14. What is perhaps worse is that in two of the five games, the Clippers had just nine and eight turnovers, respectively. In the other three, they had 23, 20 and 19.center_img “It’s hard to win games when you turn the ball over,” coach Doc Rivers said Saturday night after his team followed Friday’s 101-97 victory over Utah with a 104-93 loss to Denver at Mandalay Bay in Las Vegas. “We’re not shooting the ball well right now, either. As bad as the defense looked, which I thought wasn’t that bad in the first half, I just thought that right now because of our lack of offense, it’s taking our energy.”The Clippers have shot 40.7, 43.6, 42, 44.6 and 37 percent in their five games.Blake Griffin, Jamal Crawford — who had a rare start — and Matt Barnes had three turnovers apiece Saturday. Point guard Chris Paul had two.“Turnovers were bad,” said Paul, whose team will try for just its second exhibition victory Tuesday night when it plays at Golden State (4-2). “It was like that (Friday) night, too. Sometimes we were trying to make the home-run pass, so Coach was saying that we’ve just got to try and keep it simple.”Paul a bit concernedlast_img read more

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Austria turns emotional after SMB win as wife undergoes kidney transplant

first_imgSan Miguel Beer coach Leo Austria turned emotional during the post-game press conference after the Beermen advanced to the 2018 PBA Philippine Cup semifinals following a win over TNT Tuesday night.ADVERTISEMENT MOST READ GALLERY: Barangay Ginebra back as PBA Governors’ Cup kings Fajardo wreaks havoc as San Miguel ousts TNT, advances to semis UK plans Brexit celebrations but warns businesses may suffer LATEST STORIES It’s too early to present Duterte’s ‘legacy’ – Lacson Don’t miss out on the latest news and information. “I’m worried in this game, but I have to be credit to the boys especially JMF (Fajardo). He was so focused in this game. All of them. We followed our game plan to the letter. Thank you SMB, especially my players for giving this win.”Fajardo played like the reigning four-time MVP that he is, finishing with 35 points on 15-of-19 shooting from the field, 11 rebounds and two blocks.Sports Related Videospowered by AdSparcRead Next SEA Games: John Marvin 1st Filipino boxer to crash out, bows to Vietnam bet PLAY LIST 04:07SEA Games: John Marvin 1st Filipino boxer to crash out, bows to Vietnam bet03:22SEA Games 2019: Charly Suarez stops Burmese foe, advances to boxing semi00:50Trending Articles02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player awardcenter_img Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Steam emission over Taal’s main crater ‘steady’ for past 24 hours Sea turtle trapped in net freed in Legazpi City Phivolcs records 2 ‘discrete weak ash explosions’ at Taal Volcano Phivolcs records 2 ‘discrete weak ash explosions’ at Taal Volcano Jiro Manio arrested for stabbing man in Marikina Austria couldn’t hold back his tears after revealing that his wife Nanette underwent a successful kidney transplant just this afternoon.“First of all I want to praise God. I never had sleep last night because of my wife, she’s undergone a kidney transplant but [it was a] very successful operation for her and I know she’s watching right now. So Ma, I love you,” said Austria as he fought back tears.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkAn emotional Leo Austria during the post-game interview. Photo by Tristan Tamayo/INQUIRER.net“This afternoon I was called by the doctor that everything is okay and now she’s in the recovery room. Very successful,” he said. “Thank you to the doctor who helped us a lot in this kidney transplant. I never had a problem for so long but this time, so thankful to God because he still gave us the win and the players really played well.”The Beermen won by double digits, 106-93, but Austria said it was “the hardest game” they ever played against the KaTropa, who are still a powerhouse team despite being the eighth-seed. View commentslast_img read more

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Referee, executive charged in Belgium football scandal

first_img0Shares0000Club Brugge head coach Ivan Leko, who was accompanied by his lawyer, was released from the Palace of Justice in Tongeren after questioning © BELGA/AFP / NICOLAS MAETERLINCKBRUSSELS, Belgium, Oct 11 – A top football referee and a Belgian club executive were among the first suspects charged on Thursday in a massive fraud and match-fixing scandal that has engulfed Belgium’s elite league, prosecutors said.Prosecutors said more than 20 suspects were being investigated a day after hundreds of police carried out 44 house searches across Belgium, France, Luxembourg, Cyprus, Montenegro, Serbia and Macedonia. The judge in charge of the case has also issued European arrest warrants to seek the extradition of suspects detained abroad, a spokeswoman for the federal prosecutor’s office told reporters in Brussels.The enquiry is focused on some of Belgium’s best known football agents, including Mogi Bayat, the former manager of Sporting Charleroi, who was arrested in his home on suspected links to crooked transfer deals.Another agent Dejan Veljkovic is suspected of both fraud and match fixing, according to Belgian media reports.Suspicions of match-fixing emerged during the fraud investigation, with a focus on matches played in the 2017-18 season, prosecutors said.Veljkovic is alleged to have engineered a match-fixing scheme with a Belgian referee in a failed effort to save club KV Mechelen from relegation.The Mechelen financial director, Thierry Steemans, has been detained and charged in the match-fixing case, Flemish daily De Standaard reported.The searches were carried out at the headquarters of nine football clubs, including Mechelen, Anderlecht, Club Brugge, Genk and Standard Liege.Club Brugge coach Ivan Leko, whose team is playing in the Champions League this season, was released after questioning on Thursday.The house searches outside Belgium were mainly connected to the suspect transfer schemes, said prosecutors.The investigation started in late 2017 as a result of a report drawn up by the Sports Fraud Cell.0Shares0000(Visited 1 times, 1 visits today)last_img read more

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