Omaha man
03 Aug 2017
Re: Punt - over Thank you and goodbye. Very nice 15% return in less than a month. While the statement is good I think the market is a bit carried away; guidance on profits hasn't changed and I don't think anyone saw the dividend as in doubt so the better cash performance isn't necessarily too relevant. In my view this remains the best managed company in an unattractive sector. Worth buying when the market is depressed about prospects but not holding long term.Will be looking for sub £40 again to re-enter.
Jack_Walsh
03 Aug 2017
Re: out of the blue Indeed!Initially, I viewed the update as being relatively benign; however, the market was obviously expecting more carnage.The dividend is also very attractive, weighing in a £3.38 - which is before they decide what to do with the final £50m that's left over after the special divs.Even at the current SP of £44.00 the div is over 7.5%.
fitcontroller
03 Aug 2017
out of the ble very nice to wake up to.
gamesinvestor
03 Aug 2017
Result Stock up 9.5%Obviously seen as a positive response to the sales equilibrium of rising online business and not so sharp as expected falling shop sales.With this + the divi nice return so far.Games - I'll take the rest of the day off I think !!
gamesinvestor
03 Aug 2017
Down but not out [link] sales fell 7.4% in the three months to 29 July, but Directory sales increased 11.4% so that Next brand sales were up 0.7% for the quarter but still down 1.2% for the first half as a whole."During the second quarter June and July sales have been better than expected," the company said. "We believe there has been some improvement in our product ranges and our online functionality during this period.""""Games
Omaha man
04 Jul 2017
Punt I've just taken a small punt on these managing to go ex and recover over the next month or so, buying in at just under £39. I still think the outlook for retailers is poor and they will struggle to make any progress in the next couple of years, but hoping there are some opportunities to trade along the way.
Happy Rabbit
24 Jun 2017
Re: At last! That didn't last long. Sold out on the bounce on Friday as I'm a little bit too much down for comfort. I'll see how it goes over the summer although history shows that almost all the shares I sell out of to avoid loses were bad calls!Regards,
gamesinvestor
19 Jun 2017
Re: Household Spending Afro, I hope your are right m8, as I dropped a chunk of change into this at 4058 last week.Games - let's see it ride up to the ex-div date on 6th July.
fitcontroller
19 Jun 2017
Re: Household Spending agreed, this keeps bouncing back, and each time I top up. and then there is the stonking divi, a no brainer this.
Afrosia
19 Jun 2017
Re: Household Spending The Next retail estate has been basically treading water for the last ten years. All of the growth has come from Directory/Online. I am unimpressed by recent high street footfall figures, but I'm not hugely concerned. The current forecasts are for a 10-12% EPS declines over the next couple of years. It's worth bearing in mind that if Next profits fall by 30% then the equity is still valued at 13.5x earnings and with a decent dividend yield. The special divi gives good indication of the buffer protecting the dividend too. The continuing negativity from analysts is giving me confidence that there is strong potential upside over the next few years.
gamesinvestor
12 Jun 2017
Household Spending [link] and footwear saw the biggest fall, of 5.2%, which backs up other retail research, while household goods saw a decline of 4.1%."""Games
Happy Rabbit
09 Jun 2017
Re: At last! Well, I took the opportunity the buy more first thing but maybe should have dumped the lot. I often buy on the dip, and then sell when they fall further.Not such a great trading strategy, I know.Regards,
Happy Rabbit
26 May 2017
At last! I have been watching this share for years, and waiting for a minor setback to knock the share price back a bit to give a buying opportunity but it never happened. Having watched it march downward these past many months, I have finally taken the plunge on this sustained recovery, so am now a proud part owner of Next! £44 still doesn't look too cheap, but I'm not prepared to see it get away again. Regards,
Jackbob
18 May 2017
Customer email Am I reading this wrong or are customers been discouraged from making a purchase?"If you would like to cancel your Directory we need to know by Wednesday 31st May 2017. If we don’t hear from you, we will send you the Autumn ’17 Directory by the end of July 2017 and you will be charged £3.75 the next time you order. Don’t worry though, if you don’t shop with us before the end of December 2017 we won’t charge you."
II Editor
10 May 2017
NEW ARTICLE: Why buyers are piling into Next shares "What to make of LSE:NXT:Next? A week ago shares in the struggling fashion retailer fell 7% to below £41 for the first time since early April, as it confirmed sales fell in the first quarter. But now, one former doubter has crunched the numbers ..."[link]
