Majestic Wine - Live Discussion

Simbrad 27 Jun 2016

"One year on from the acquisition of Naked Wines, there are two stand-out developments: (1) Majestic has returned to growth for the first time in 4 years, and (2) Naked Wines is self-funding its growth from internally generated cash. The reinstatement of the dividend is a positive and a clear signal of intent to deliver a balanced and sustainable TSR model." Liberum note out this morning on research tree

Simbrad 20 Jun 2016

Liberum view this morning on prelim results (taken from Research Tree): "The prelim results highlight steady progress being made with the group on- track to meet its medium term targets. The Majestic Wine business has seen positive LFL sales growth for the first time in four years, and Naked Wines continues to be the key engine of sales growth. More over its highly accretive investment strategy is now contributing to group profits and with debt falling quickly the re-instatement of a dividend policy will be well received. Majestic Wine falls into a small group of companies in the retail universe which is forecast to deliver +10% earnings CAGR, as a result of strong top line and margin growth, and is now paying a dividend alongside debt deleverage."

KEEPING CALM MIKE 05 Feb 2016

Pricing The wine retailer confirmed to the Drinks Business it had reduced the single bottle price on over 500 lines to give customers “even better value” when they buy just one bottle.Examples include a Mud House Sauvignon Blanc, which is now £8.69 for a single bottle down from £10.49, and Heidsieck & Co Monopole Brut NV Bronze Top Champagne, down from £22.49 to £19.99.However a spokesman for the company pointed out it was continuing the Mix Six mechanic – a special price for buying any 6 bottles of wines or spirits, which was introduced in October – so that customers still get the biggest savings when they mix and match any 6 bottles.It also underlined – via its blog – that it was still a specialist case merchant, despite scrapping its 6-bottle minimum in October.“To underscore the point, we introduced a minimum 10% discount for bottles not on promotion when purchased as part of a case of 6 or more,” it pointed out. “It was great to hear that you liked the changes, too. So when we heard that our customers thought we could do better on our single-bottle price, we sent the number-crunchers off to look at it. The result [is that] we’ve dropped the single-bottle price on many of our wines so that they’re even better value for you.”The move is the latest by the specialist wine retailer to reposition itself as the ‘’go-to destination” for well-priced quality wine, after removing barriers for potential new customer.Speaking to db in November, md Rowan Gormley said the ongoing changes on the retail landscape was creating an opportunity for Majestic to occupy “a sweet spot”, with the recent changes – including the new pricing strategy, introduction of shopping baskets in store and an own label range – was evidence that a simple “back to basics” strategy was required.The company announced the launch of a three-year “transformation plan” in January, setting itself a target of achieving £500m worth of sales by 2019 – largely through shifting away from aggressive store opening toward new customer recruitment.Gormley took the reins in April following Majestic’s acquisition of Naked Wines for £70m. Since then he had introduced a series of measures, including introducing a Click and Collect service for Naked Wines across the Majestic store portfolio in July and removing the six-bottle minimum.There no doubt will be pressure on the bottom line with the price cutting , but hopefully it will drive volume up..I think they are reacting well to this very competitive market and the shares of late have ticked up well. Mud House is good wine, cheers .K.C.

II Editor 05 Feb 2016

NEW ARTICLE: Fireside chat with Majestic Wine CEO Rowan Gormley "A meet cute with billionaire Virgin Group founder Richard Branson was LSE:MJW:Majestic Wine boss Rowan Gormley's first lucky break. Getting fired was his second. He's led the Â£274 million pound wine retailer's turnaround since April last year, ..."[link]

oldjoe1 07 Jan 2016

MJW, STRONG BUY Says Broker. MJW Majestic Wine.........BUZZ-Majestic Wine: Rare gainer on strong Christmas sales07-01-2016* Wine warehouse chain Majestic Wine up about 6 pct amid the broad equity sell-off after reporting 7.3 pct rise in comparable sales for Christmas period* Total sales growth was 42.6 pct compared to same period last year, boosted by acquisition of Naked Wines [nRSG0718La]* Stock hits over 7-wk high* Broker Investec says growth in commercial has improved, Naked Wines continues to trade robustly with break-even expectations unchanged; rates stock with "buy"* Liberum says if Naked Wines can deliver between 20-30% sales growth p.a., by FY2019 it will be worth more than what the combined group is valued at today; recommends "strong buy"* Stock best performer on FTSE AIM Retail Index <.FTAXX5300S>========== ========== ========== ========== ========== ========== ========== =* Liberum says if Naked Wines can deliver between 20-30% sales growth p.a., by FY2019 it will be worth more than what the combined group is valued at today; recommends "strong buy"

oldjoe1 07 Jan 2016

Re: MJW, Broker Update.......... Majestic Wine reports big jump in Christmas salesThu 07 January 2016 09:17 | A A A(ShareCast News) - Majestic Wine reported a big jump in sales for the Christmas trading period as it benefited from the acquisition of Naked Wines.In a trading update for 27 October to 4 January, the wine specialist said sales grew 42.6% compared to the same period last year, boosted by the Naked Wines purchase in April.Like-for-like sales at Majestic Retail were up 7.3% in the period versus a 1.7% drop last year, supported by the previously-indicated strategic investments to reinvigorate sales growth with a new and simplified pricing policy and improved customer experience in store and on-line.Majestic added that as expected, these investments resulted in higher costs and a slightly lower percentage gross margin during the period.Chief executive Rowan Gormley said: "This is an encouraging result. Majestic Commercial and Naked Wines continued to grow strongly, and I am particularly heartened to see the Majestic Retail business grow as the impact of our better pricing, better service and better looking stores starts to take effect."However there is still much to do. We are only three months into our three year plan and although this performance is pleasing it is too early to call it a trend."

oldjoe1 07 Jan 2016

Re: MJW, Broker Update.......... Majestic Wine PLC (MJW) Rating Reiterated by InvestecJanuary 7th, 2016 Filed Under • by ABMN StaffMajestic Wine PLC logoMajestic Wine PLC (LON:MJW)‘s stock had its “buy” rating reaffirmed by Investec in a research report issued on Thursday, Market Beat.com reports. They currently have a GBX 400 ($5.88) price target on the stock. Investec’s price objective suggests a potential upside of 31.44% from the stock’s previous close.Shares of Majestic Wine PLC (LON:MJW) opened at 345.8750 on Thursday. The firm’s market cap is GBX 227.28 million. The company has a 50-day moving average of GBX 317.35 and a 200 day moving average of GBX 374.13. Majestic Wine PLC has a 52-week low of GBX 273.25 and a 52-week high of GBX 480.00. Other analysts also recently issued research reports about the company. Liberum Capital reiterated a “buy” rating and issued a GBX 500 ($7.35) price objective on shares of Majestic Wine PLC in a research report on Monday, November 2nd. Canaccord Genuity reiterated a “hold” rating and issued a GBX 310 ($4.56) price objective on shares of Majestic Wine PLC in a research report on Tuesday, December 15th.Majestic Wine PLC is a United Kingdom-based holding company, which is engaged in retailing of wines, beers and spirits. The Company’s segments include Majestic Wine Warehouses, Lay & Wheeler and Majestic Wine Calais. Majestic Wine Warehouses is a wine specialist in the United Kingdom selling wine by the mixed case. Lay & Wheeler is a fine wine merchant engaged in en primeur sales, cellarage and broking of customer reserves. Majestic Wine Calais is a retailer-based in Calais selling to the United Kingdom consumers on lower rate of alcohol duty in France. It offers around 82 types of wines to commercial customers. The Company operates around 212 stores in the United Kingdom. The Company’s subsidiaries include Majestic Wine Warehouses Limited, Les Celliers de Calais S.A.S., Majestic Wine Employee Share Ownership Trust Limited, Vinotheque Holdings Limited, WBI Holdco Limited and Lay & Wheeler Limited.

oldjoe1 07 Jan 2016

MJW, Broker Update.......... Majestic Wine PLC (MJW) Earns “Buy” Rating from Liberum CapitalJanuary 7th, 2016 by ABMN StaffMajestic Wine PLC logoMajestic Wine PLC (LON:MJW)‘s stock had its “buy” rating reiterated by equities researchers at Liberum Capital in a note issued to investors on Thursday, AnalystRatings.Net reports. They currently have a GBX 400 ($5.88) price objective on the stock. Liberum Capital’s price target points to a potential upside of 31.44% from the company’s previous close.Majestic Wine PLC (LON:MJW) opened at 304.31 on Thursday. The stock has a 50 day moving average price of GBX 317.35 and a 200 day moving average price of GBX 374.13. The stock’s market cap is GBX 199.97 million. Majestic Wine PLC has a 52 week low of GBX 273.25 and a 52 week high of GBX 480.00. Several other equities analysts also recently weighed in on the company. Panmure Gordon reiterated a “sell” rating and set a GBX 320 ($4.70) target price on shares of Majestic Wine PLC in a research report on Monday, September 14th. Investec restated a “buy” rating and set a GBX 400 ($5.88) price target on shares of Majestic Wine PLC in a research note on Tuesday, December 15th. Finally, Canaccord Genuity restated a “hold” rating and set a GBX 310 ($4.56) price target on shares of Majestic Wine PLC in a research note on Tuesday, December 15th.Majestic Wine PLC is a United Kingdom-based holding company, which is engaged in retailing of wines, beers and spirits. The Company’s segments include Majestic Wine Warehouses, Lay & Wheeler and Majestic Wine Calais. Majestic Wine Warehouses is a wine specialist in the United Kingdom selling wine by the mixed case. Lay & Wheeler is a fine wine merchant engaged in en primeur sales, cellarage and broking of customer reserves. Majestic Wine Calais is a retailer-based in Calais selling to the United Kingdom consumers on lower rate of alcohol duty in France. It offers around 82 types of wines to commercial customers. The Company operates around 212 stores in the United Kingdom. The Company’s subsidiaries include Majestic Wine Warehouses Limited, Les Celliers de Calais S.A.S., Majestic Wine Employee Share Ownership Trust Limited, Vinotheque Holdings Limited, WBI Holdco Limited and Lay & Wheeler Limited.

oldjoe1 07 Jan 2016

Re: 400P SHORT TERM Was sceptical at first on the managements announcement but seen a copy of the Liberum note and answered all my questions, so Ive bought and gone long.

oldjoe1 07 Jan 2016

Re: 400P SHORT TERM Majestic Wine PLC 21.2% Potential Upside Indicated by InvestecPosted by: Ruth Bannister 7th January 2016Majestic Wine PLC using EPIC/TICKER code LON:MJW has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Investec. Majestic Wine PLC are listed in the Consumer Services sector within AIM. Investec have set their target price at 400 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 21.2% from today’s opening price of 330 GBX. Over the last 30 and 90 trading days the company share price has increased 2 points and decreased 116.75 points respectively. Majestic Wine PLC LON:MJW has a 50 day moving average of 327.19 GBX and the 200 Day Moving Average price is recorded at 387.59 GBX. The 1 year high for the share price is 480 GBX while the year low stock price is currently 273.25 GBX. There are currently 76,058,480 shares in issue with the average daily volume traded being 333,414. Market capitalisation for LON:MJW is £263,268,834 GBP. Majestic Wine PLC is a United Kingdom-based holding company, which is engaged in retailing of wines, beers and spirits. The Company’s segments include Majestic Wine Warehouses, Lay & Wheeler and Majestic Wine Calais. Majestic Wine Warehouses is a wine specialist in the United Kingdom selling wine by the mixed case.

Ripley94 11 Dec 2015

shorts Increased to 1.86 %

CASTLEFORD TIGER 18 Nov 2015

Re: Small buy at 281 someone up there likes me.up from 281 to 344 that's 20%.Not even paid for them yet!Tiger

CASTLEFORD TIGER 16 Nov 2015

Small buy at 281 Happy to be backTiger

II Editor 15 Nov 2015

NEW ARTICLE: Trends and Targets for 16/11/2015 "MAJESTIC WINEÂ (LSE:MJW) was one of our favourite shares since the start of 2009. In fact, we used it extensively for a couple of chapters of a forthcoming book as its moves perfectly illustrate what happens when something going right. However, ..."[link]

CASTLEFORD TIGER 13 Oct 2015

back on my RADAR 300P be nice entry pointtiger

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