Rusty Jock
27 Apr 2017
Re: resistance at 2.40ish Much better sounding announcement today . The company might just be on the cusp of turning itself around . A lot depends on the UK economy and consumer over the next 2 -03 years .I added today at sub 230p , but am still well underwater and a long term holder feeding off the dividend .
Radaking
27 Apr 2017
resistance at 2.40ish If we break £2.40ish and hold for a while,we could very easily move above £3 in the coming months.The div has been held and power brands are up,looking interesting.
Radaking
19 Apr 2017
How many people How many people does Councillor Chris Gloster employ? Not as many as BWNG me thinks,so suck it up.Results out next Thursday..........[link]
Panofscouse
01 Mar 2017
Info Anyone seen any news why this share has dropped 10% or more in the last couple of weeks?
Radaking
11 Oct 2016
Re: Results tomorrow will be critical wasn't looking forward me sen to the results,however market seems to like em and hopefully we can find our way back above £3 before the next set of results.The div has been held which is a good indicator of where the board thinks we are heading.Trend wise ,this time of year has always provided an oppo to get in..........
Chiles
10 Oct 2016
Results tomorrow will be critical I note that the Company is due to deliver first half results on 11 October.So the downward movement in prices today makes me, as a holder, uneasy. The quarterly report was generally encouraging but several other retailers with a big online presence, such as NEXT, have reported on tough conditions. N Brown could also be affected by the changing exchange rates, as much of the product is sourced overseas.Not long to wait!
Sambram
22 Sep 2016
FCA authorisation confirmed Singers put out a note this morning on Research Tree:"In our recent note we highlighted the possibility of its FCA authorisation being granted this autumn. In an RNS yesterday afternoon investors were rewarded as this was confirmed. We felt uncertainty around this was weighing on the valuation and anticipated this news to be a positive, potentially significant, catalyst as a result. However, the RNS contained two other bits of newsflow, both negative for forecasts and sentiment 1) another FCA redress charge and 2) delays to the F4F systems programme, the specifics of which are yet to be finalised. We have downgraded our EPS by 4.0%/3.5% and net debt by £6m/£14m in FY18/FY19 respectively. Investors will need to wait until the interims (11 Oct) to ascertain what of the £45m targeted F4F savings by FY20 might fall in the coming 2 years."
LoadsaDosh2
05 Aug 2016
Re: Strange A 10 to 15% increase in costs is 'not much of an issue? Both broker downgrades have been after falls in sterling and I tend to agree with them although unfortunately I am a holder. 150p looks likely.
Vosene
05 Aug 2016
Re: Strange I don't think that is much of an issue. The drop in currency versus Asian source markets is not much different to prior movements in the last decade, and then there's the price mark up on clothing, which can easily absorb currency movements like this.What's suppressing the price most of all IMO can be explained by a couple of articles in the FT in recent months. The company is moving from OFT to FCA regulation. The FCA are looking at changing credit rules for all, which could affect finance related profit for companies like N Brown. IMV the market is pricing the company for all their finance related profit to be wiped out, which I don't think is remotely likely.If you want to read up on this the two FT headlines are:Minimum repayment pressure for N Brown?N Brown's credit addictionThe former of which can still be read before being archived behind the paywall (type headline into google news which passes round registration requirements in some cases)The market likes moving to defensive positions and assuming the worst, but once these clouds blow over this will move up sharply IMO, might have to wait the best part of a year though I reckon...
LoadsaDosh2
05 Aug 2016
Re: Strange Isn't the problem the fall in sterling? Brown must be buying the bulk of their clothes from abroad like most other clothing retailers so the cost of stock will rocket while they will probably be unable to pass those increases on to the customers who, for a while at least, will refuse to pay.
Vosene
19 Jul 2016
Re: Strange I think the market has moved to a defensive valuation whilst some major one off spends are enacted and we wait to see what effects such spending will have. Perhaps the current undervaluation is a reaction to the overvaluation of a couple of years ago, where the stock got well ahead of itself.They are heavily undervalued right now and I am looking for 250p minimum in the next 18 months.
Warren Buffoon
19 Jul 2016
Re: Strange ??????This is from Retail Gazette earlier this year..... "N Brown, the British home shopping business aimed at “plus-size and more mature” customers, says online orders now account for 66% of its sales. The rest are a result of the catalogue business.E-commerce sales rose 13% in the 18 weeks to 2 January. N Brown said three quarters of new customer demand was generated online during this period, whilst 68% of website traffic came from mobile phones."AND........."Consumer credit rises at fastest pace for 11 years" ...... The Guardian, April 2016.Not sure what else N Brown should be doing ??????
caesat
19 Jul 2016
Re: Strange Failed to embrace e commererce. too heavy reliance on consumer credit.
Warren Buffoon
19 Jul 2016
Strange This is one of the strangest shares I've ever owned.Continuous downgrades as if the company was going out of business.It's a retailer that's not doing too badly??I'll probably hand on until it does (coz I'm not expecting it).
II Editor
16 Jun 2016
NEW ARTICLE: Welcome rally at N Brown "The turnaround at LSE:BWNG:N Brown has begun. At least that's the underlying message from the FTSE 250-clothes retailer on Thursday following decent first-quarter results. It's certainly got some good brands and a heavy investment in its online ..."[link]
