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Only for Professional clients. Assume we hold short positions in Issuers discussed. Important disclosure: https://t.co/cf3z5Iimz9

Jul 13, 2020, 7 tweets

ShadowFall Fund is short Boohoo (£BOO)
We believe that Iain Dale’s @LBC show from yesterday was enlightening. In particular an extended interview with @ABridgen: lbc.co.uk/radio/presente… 1/4

Mr Bridgen MP makes reference to two buildings, the Dunlop Building and the Imperial Typewriter Factory. In the former reference, we believe that he meant the Dunlop Business Centre (DBC). According to Land Registry details, the DBC is owned by JAK Property Jersey Limited. 2/4

JAK Property provides Boohoo’s headquarters, 49-51 Dale Street, Manchester, as its contact address with HM Land Registry. Further, based on filings with UK Companies House, we believe that JAK Property is associated with Jalaludin Abdulla Kamani (Perhaps the JAK reference?). 3/4

We note that Mr Bridgen references presenting evidence today to @NCA_UK. In our view, the Land Registry details where these clothing suppliers are operating is interesting as are other strands of the story. @pritipatel @JupiterAM_UK @BaillieGifford @InvescoEMEA @labourlabel 4/4

Continued...
So are they suggesting that Boohoo’s auditing deteriorated after Ms Kane gave evidence to Parliament? 1/3

thisismoney.co.uk/money/markets/…

This sort of foggy response might pull one over £BOO’s investors but we believe the UK Environmental Audit Committee should haul Kane back in to answer more accurately. 2/3 @Dunne4Ludlow @pritipatel @ABridgen @labourlabel @TheFCA

Meanwhile over in the US, the court case for “false and deceptive practices” rumbles on.
MPs reckon they were misled in the U.K. on the suppliers. Consumers claiming they were duped in the US.
@InvescoEMEA @JupiterAM_UK must have oodles of faith. 3/3
telegraph.co.uk/business/2020/…

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