Forget buy-to-let! I’d buy the Boohoo share price

first_img Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Rupert Hargreaves | Sunday, 26th January, 2020 | More on: BOO 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. At the beginning of this month, online retailer Boohoo (LSE: BOO) reached a significant milestone. After upgrading its sales expectations for the year, the company’s market capitalisation jumped. For the first time, Boohoo became worth more than retail giant Marks & Spencer. The best company winsThis development created plenty of headlines but, in many ways, it was to be expected. M&S has been struggling for many years to rekindle growth. But unfortunately, customers have continued to drift away from its clothing business. 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…On the other hand, customers love Boohoo and its offering. The fast-fashion business is a master of online retailing. The company is one of the best in the world at developing, marketing and selling clothes digitally. It knows what it’s mostly young consumers love and can supply these items quickly, at a low price. As such, it’s no surprise the company has hiked its growth forecasts for fiscal 2020. Management was previously expecting sales growth of 33-38% with a profit margin, before interest tax and depreciation, of 10%.Following a strong second half, management is now expecting growth of 40-42% year-on-year, with a slightly better profit margin.Sales growth of more than 40% for a firm worth nearly £4bn is outstanding. It seems the company isn’t planning to slow down anytime soon.Further growth aheadBoohoo is more than just an online clothing retailer. Over the past few years, the company has acquired a range of other businesses bargain-basement prices. As a result, it is now starting to look more like a clothing conglomerate, than fast-fashion retailer. Last year the company acquired Coast, Karen Millen and MissPap, helping these firms avoid liquidation. Boohoo will be hoping that it can repeat the same success that it had with Nasty Gal with these brands. The group acquired the US-based Nasty Gal brand in 2017 and threw its weight behind the business. Sales jumped 100% in fiscal 2019 to £48m. It’s highly likely the operation will report a similar performance in its current financial year. A price worth payingUnfortunately, Boohoo’s growth doesn’t come cheap. The stock is trading at a price-to-earnings (P/E) ratio of 57. However, the stock has always commanded a premium multiple. In 2015, for example, some investors were willing to pay as much as 100 times earnings to get their hands on shares in the business. Since then, revenues have increased by 750%. Meanwhile, earnings per share have increased eightfold. Investors who were savvy enough to buy the stock in 2015 have seen the value of their investments grow 10-fold. This implies that even though the stock might look expensive right now, it could be worth paying a premium to take part in Boohoo’s growth story. If the company can replicate the success it is had over the past few years with the new brands acquired last year, sales growth could accelerate in 2020. That’s without giving any credit to future acquisitions.  Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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. Enter Your Email Addresscenter_img 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. Forget buy-to-let! I’d buy the Boohoo share price “This Stock Could Be Like Buying Amazon in 1997” Rupert Hargreaves owns no share mentioned. 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. Image source: Getty Images See all posts by Rupert Hargreaveslast_img read more

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Stunning views attract 20 viewings!

first_imgHome » News » Agencies & People » Stunning views attract 20 viewings! previous nextAgencies & PeopleStunning views attract 20 viewings!The Negotiator21st August 20170440 Views A three-bedroom detached bungalow in Alnwick, Northumberland, has sold for £181,000 – over three times its £55,000 reserve, at a Durham auction hosted by IAM Sold.Set in Embleton Links, the pre-war chalet has far reaching views across the stunning coastline of Embleton Bay. The historic ruin of Dunstanburgh Castle dominates the horizon to the right and the rugged Emblestones, accessible only at low tide, are directly in front, with steps down to the beach. Originally built as a retreat for members at Dunstanburgh Golf Club which still shares the dunes, it has been owned for the past 50 years by a family of five children and is in need of some internal refurbishment.Jamie Cooke, Managing Director of IAM Sold, says, “It’s not surprising that this property sold above reserve price – it’s an ideal family holiday home situated amongst stunning unspoilt coast. The family were reluctant to sell but needed to for practical reasons. It’s rare for properties like this to come up so it attracted a lot of attention and shows that auction can really find the true value of a property when it is as unique as this. It is highly unlikely that it would have reached this price if it was offered for sale by private treaty. Ultimately, a number of people really wanted the property and were willing to compete for it.”Northumberland bungalow with view auction property with view views August 21, 2017The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more

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New Euro ruling scuppers UK regeneration plans

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

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IITKGP researchers develop tech for solid waste management

first_imgKolkata: A research team at IIT Kharagpur has developed a technology which can generate energy from solid waste with high moisture content. The new technology – Hydro Thermal Carbonization (HTC) – can convert municipal solid waste to biofuel, soil amendment and absorbents, the premier institute said in a statement. Lead researcher Brajesh Kumar Dubey said the key to the success of the technology in Indian conditions lies in designing proper industrial scale reactor with improved heat integration system. Also Read – Bengal family worships Muslim girl as Goddess Durga in Kumari Puja “The moisture in the waste is used to the advantage of the process which uses water for the reaction. The biofuel generated as the recovered output can help curb air pollution,” Dubey explained. The technology can be used by the civic bodies to effectively manage solid waste, he maintained. Once the organic waste is entered into the process, the “outputs generated are all usable”, Sagarika Panigrahi, another member of the research team, said. “All outputs can be used for one purpose or the other, including the water which can be converted to biogas or methane,” she added.last_img read more

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