gamesinvestor
14 Sep 2017
Up 9+% Not a bad start to the day and before my breakfast.Games
gamesinvestor
14 Sep 2017
Update [link] looks a little less gloomy than recently portrayed.Next share price halted this morning due to volatility while brokers try to find a price.Games
gamesinvestor
13 Sep 2017
Primark [link] discount chain is close to leapfrogging Next as the UK’s second biggest clothing retailer behind Marks & Spencer after claiming a “significant increase” in UK market share as its annual sales jumped 10 per cent.""""Something tells me this is going to come unstuck at some point, as it must surely be so cost sensitive and consequently a dip in volume, or an exhaustion of store roll out might see a change in fortunes.Games - so far it keeps performing
gamesinvestor
13 Sep 2017
Re: looks like ... Omaha - don't you think the Next situation is clustered with known knowns? It's a few days away from results and the expectations are already expecting a further fall in profits, yet the share price seems to be hardening.It's either a fall in the level of pessimism here, or the numbers have been leaked and there is a surprise to the upside.Games -- or it could fall back as you say
Omaha man
10 Sep 2017
Re: looks like ... I would be very careful - what applies to Greene King will apply across all retail environments. Personally I am still expecting to be able to buy it again below £40.
gamesinvestor
09 Sep 2017
Re: looks like ... "maybe there is something more we should know about."yes indeed, like maybe I didn't buy enough at the low point lol !!Games
beldot
06 Sep 2017
Re: looks like ... The down trend has definitely reversed significantly ... maybe there is something more we should know about.
gamesinvestor
06 Sep 2017
looks like ... It's starting to motor - successive gains in the last few down market days.Games -- is it a good sign?
gamesinvestor
21 Aug 2017
Sunday Times "[link] like they are all putting the boot in here.Games
gamesinvestor
21 Aug 2017
Berenberg [link] at the German broker also lowered their target price from 3,850p to 3,650p, arguing that its excess of store space robbed it of the flexibility needed to invest in what clients wanted most, namely product and free home delivery, leading to a loss of market share."""Games
contrarianstyle
04 Aug 2017
Re: holding CHairman bought in as well after resultsLONDON (Alliance News) - FTSE 100-listed Next PLC said Chairman Michael Roney bought 9,061 shares at a price of 4,386.50 pence per share Thursday.
fitcontroller
04 Aug 2017
holding lots more to come IMHO
nk1999
03 Aug 2017
HL view "Conditions are tough across the retail sector at present. Growth in retail prices, jolted upwards by weaker sterling raising the cost of imported goods, is outpacing wage increases, meaning the average shopper's spending power is diminishing. Next's CEO, Lord Wolfson, also has long-standing concerns that consumers are shifting spending away from clothing and towards casual dining and entertainment. In addition to these factors, Next's Directory is coming under pressure, with competition coming from all directions. Online-only players like Boohoo and ASOS are taking market share, and other more traditional retailers have significantly raised their game. While the High Street Retail division is still struggling, it was good to see Directory make something of a fightback in the most recent quarter. This performance hints that the steps taken to improve the mobile app and modernise the online proposition are beginning to pay off. However, one swallow doesn't make a summer. Indeed, sales were boosted by a scorching June and July, so much of the improvement may well have been solar powered. We'll be keeping an eye out for signs of a sustained improvement. Next has historically been very well run. It still earns class-leading margins of over 20%, which helps it generate significant surplus cash. In the past, Next has used this cash to buy back its own shares when the price fell below a set level, arguing that it represented better value for shareholders than paying special dividends. Investors may raise an eyebrow when they see that the group has moved to focus on specials rather than buybacks this year, despite the share price fall. Prior to the price jump after Q2 results, the shares were trading at 10.2 times forecast earnings, below many of its peers in the sector, and its own long-run average. The prospective yield was 8.1%, although analyst do not expect this to be maintained, with expectations for 2018/19's dividend roughly half of 2017/18's."
contrarianstyle
03 Aug 2017
Re: Punt - over very nice short term profit but I am holdingThey are worth at least £50 and the income is hard to beat
II Editor
03 Aug 2017
NEW ARTICLE: Next races to 10-week high "There is a palpable sense of relief in City circles Thursday following LSE:NXT:Next's latest trading update. It's been a shocking 20 months for the clothes chain, but a dramatic market reaction to better-than-feared second-quarter results shows ..."[link]
