Re: Progressive results Valeite,"are you saying they may take it private again ?"No, I didn't intend to imply that. My recollection is that JAB provide CHOO with certain central services and that there is no apparent restriction on the price that they can charge for such services. Obviously it would be attractive for the owners of JAB itself to charge CHOO as much as they can get away with, given that they own less than 100% of CHOO.I imagine it's more likely that, at some stage, JAB may look to exit CHOO entirely.LKH on the flybridge
Re: Progressive results LK ,i know JAB own the business in the main ,but are you saying they may take it private again ? i had wondered about the point of being public with such a small float .still ,they're doing something right and i will hold for now
Re: Progressive results Games,"happy to hold for the long term"Good luck with CHOO, m8. I'd slightly worry that the two ravers who came on board when Bart moved on to pastures new are party animals rather than shoe saleswomen but wtfdik?I got out some moths ago at a price somewhere above where it is now, if memory serves. I also worry that the CHOO corporate vehicle can be reamed by JAB if my recollection of the service agreement is accurate.LKH on the flybridge
Progressive results [link] to see the growth in the men's share of the business to 8%.Maybe the positive effect is that men will visit with their wives and buy even more -- or am I being uber optimistic on that score?Games -- happy to hold for the long term, alongside Burberry
NEW ARTICLE: Has Jimmy Choo turned on its heel? "Earlier this year, we presented a slightly dodgy analogy between the need for patience when investing and the need for patience when planting potatoes. As the picture (below right) proves, just one potato has given a seven-fold yield and only ..."[link]
NEW ARTICLE: Trends and Targets for 16/08/2016 "Jimmy Choo (LSE:CHOO) and the Potato Principle. Earlier this year, we presented a slightly dodgy analogy between the need for patience when investing and the need for patience when planting potatoes. As the picture below proves, just ONE potato ..."[link]
n.m. My only blue share today My only blue share, glad I kept hold of my Jimmy choo....shares
Re: Debt and losses "This company is interesting, holding up in a declining wider market, good profits but a lot of debt and potentially uninterested major shareholder."Toasted, I hate debt as much as the next man, however, if you look at the growth potential of Jimmy Choo, which it's starting to demonstrate even in difficult markets, you can stretch the imagination a little that this debt will decline quite rapidly as the business continues to grow.The Ebitda is now almost half that debt.If Jimmy Choo achieves the heady heights of that achieved by Ted Baker, then the share price and the debt will be transformed.It's about 0.53% of my portfolio and I'm planning to swallow the risk in exchange for what looks like a very exciting brand.Games -- I'd also like to buy Burberry at the right price
Results [link] and earnings were up thanks to strong demand for the luxury wares of Jimmy Choo in 2015, particularly in Asia and Japan, with the firm reporting revenue growth of 7.2% at constant currencies on Tuesday.The FTSE 250 companys consolidated net income increased £30.2m into the positive figures, reaching £19.4m, while adjusted EBITDA grew 1.5% to £51m.Basic and diluted earnings per share grew to 5.1p during the calendar year, from an 11.6p loss per share in 2014.Games
Debt and losses Does anyone know who owns the £100m plus debt the company has? Further I note the initial lock up period is now over for the original shareholders, I would think they will sell now on "good" highs. This company is interesting, holding up in a declining wider market, good profits but a lot of debt and potentially uninterested major shareholder.Welcome the boards thoughts....
Re: newbie glasgowboy,Probably China, stock market down 7% today. I wouldn't worry about it. Choo is small and should do OK in any market size fluctuation of China's massive economy.Bung it under the mattress, forget about it and hope it does a Ted BakerGames
newbie Hi everyone decided to buy 2000 shares today at 1.26 although does anyone know why the sudden drop today I cant see anything ?
Back in 134.06 Sold out last time. Just in again with my profits of £1034 so happy to let it run as 'free' money
CHOO, Looking VERY BULLISH............... CHOO Jimmy Choo[link] bullish bowl on the chart and a solid piece from the TMF this lunch time.<b><i>Not too lateMeanwhile, rival fashion brand Jimmy Choo (LSE: CHOO) has a very sound strategy to expand its range of products so as to become a true lifestyle brand, with its excellent reputation for producing high-heeled shoes likely to provide it with a high degree of cross-selling opportunities in future.However, its shares have fallen by 13% in the last three months since China is a key market for the business long term growth outlook. Despite the economic slowdown in China, though, Jimmy Choo is still expected to post bottom line growth of 5% this year, followed by further growth of 21% next year. This puts its shares on a price to earnings growth (PEG) ratio of only 0.9, which indicates that it is not too late to buy a slice of them for the long term.</i></b>[link]
Back in 146 Been away in sweltering Spain so enjoying cool here now. My three year fixed rate bond expires this month so may be looking to buy a few companies towards end of month. Still happy with my step up bond at average of 3% per annum taken out in February Just over £2k back in here and most of that my previous CHOO profits.