Noville2
15 Jun 2016
Re: 23% Anything above todays price, it really depends on how much they want Poundland. Bought in today so being very hopeful that they want it very much.
jey80
15 Jun 2016
Re: 23% What is your s/p prediction for tomorrow?
Noville2
15 Jun 2016
Re: 23% Just sold...hopefully you made a big profit.
nk1999
15 Jun 2016
Bid Deadline of 13/07:"In accordance with Rule 2.6(a) of the Code, Steinhoff must, by not later than 5.00 p.m. on 13 July 2016, either announce a firm intention to make an offer for Poundland in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code."
camperdown
15 Jun 2016
Re: 23%rise now we know
jey80
14 Jun 2016
Re: Notification of major interest!!!!!! Interesting[link]
jey80
14 Jun 2016
Re: 23% Hello, I have just sold and the sp spiked, something is going on. Have you seen a RNS on thier website?J
jey80
14 Jun 2016
Notification of major interest!!!!!! Is this sell or buy. I reckon massive sell.What is going on?[link]
camperdown
14 Jun 2016
23% 7.8mil shares traded after hours. mmmmmmmmmmm
camperdown
14 Jun 2016
23% somebody know something that nobody else is in on?
464onlock
03 Jun 2016
Going with Mr.Kevin While there was insider buying throughout last year, the newly appointed CEO—Kevin O’Byrne—made a sizable investment of nearly £575,000 at 179p per share. LND/poundland-group#managementThe" target="blank" rel="nofollow">[link] investment indicates Mr. Kevin seems to have a plan to turn around the company which is going through a decreasing footfall and tough competition in the branded category.
kittermaster
26 Apr 2016
Share rise Really useful post from nk1999. The shares have risen recently from c.150 to 186 today. Usually there is a trigger for this kind of increase. Have I missed something?
nk1999
22 Apr 2016
From III "Stockwatch: A 'tantalising' shareIs a near "double-bottom" in £430 million discount retailer Poundland (PLND) worth backing? Being an actively traded FTSE SmallCap may contribute to volatility, but the chart since flotation in March 2014 shows a semblance of having formed one.After plunging briefly below 140p in response to quite disappointing news on 14 April, the stock rallied firmly to about 175p, a level that could be seen as short-term resistance. Chart-focused traders will be interested to watch if another move up affirms a double-bottom, but meanwhile - what of the fundamentals?Another sour lesson in private equity flotationsThe stock's debacle from a 300p flotation price in March 2014 and a 420p peak a year ago affirms scepticism of "revolving door capitalists". Poundland started in 1990, its founder selling his stake for some £50 million and US financier Warburg Pincus buying the business for £200 million in 2010, then raising £142 million by selling half its stake to 16.4% in early 2015 when Poundland acquired 99p Stores. As with Debenhams (DEB), the cynical view is that this reflected quite a culture of wheeler-dealing to enhance progress and exact gains, leaving long-term shareholders with the risks.The financial summary table shows good revenue growth and, broadly, an expansion of profits, but such a general high street retailer has become challenged to sustain the kind of growth expected by the stockmarket. Online sales were only introduced last autumn with delivery costing £4 unless you spend over £50 on £1 items - not exactly a compelling retail formula.The February 2015 acquisition of 99p Stores Ltd for £55 million is now characterised as "mainly a property deal" to grow the Poundland estate. After the trading losses from 99p Stores proved worse than expected, management has had to achieve a 15-months' refurbishment in four months.The latest update comes across well, excepting "a tough quarter for the core business" and like-for-like sales down 4.9% over six months to end-March. Analysts downgraded in response and there is also concern (e.g. from HSBC) over how the actions and investment needed to stabilise 99p Stores have compromised cash flow - such that the group now has net debt.Aspects of this should improve with changes in working capital, but it poses questions for the extent of prudent dividend growth in the short term, up from 1.5p per share, on which a prospective yield of 3% is based.The table shows very strong cash flow (from which dividends are paid), albeit historic figures. The 2017 price/earnings (PE) multiple may only be about 12 times, but that assumes record profitability; for the financial year just passed, the PE could be over 20 times. Without any margin of safety in key valuation metrics, the stock is, therefore, sensitive to news flow.New CEO adds £574,782 worth of stockAmid a steady trend of director/senior manager buying, the trade that stands out is the chief executive designate adding 321,107 shares at 179p in March, to own 340,000 overall. Kevin O'Byrne ought to have decent judgment of retail businesses, having been a director both of Dixons Retail and Kingfisher (KGF) - latterly as CEO of B&Q.Mind how cash purchases by CEOs may later appear to involve "cost-averaging" when a board makes sizeable share option grants, but it underlines his belief in Poundland's potential - and, by implication, the medium-term synergy benefits of the 99p Stores' integration, as implied by brokers' forecasts for the 2017 year.Weighed against this are general uncertainties for high street retail when Poundland has plenty of further challenges, e.g. a rollout of stores in Spain (under the Dealz brand) and a new multi-price approach. Also, the group is quite operationally geared, meaning variations in sales have a greater effect on profits.It all makes for a wide range of analyst targets, from Haitong Securities, which lately cut from 140p to 130p
frankobe
19 Apr 2016
Re: Fall overdone? Rises in wages, vat increases, etc apply equally to the competition. Poundland shops are already stocking items that cost more than a pound. The outlook looks rosy to me.
veksi
19 Apr 2016
Re: Fall overdone? Funny how people talk this stock down on a day when it's up 8%.Some PIs just need to get a grip.Or back to the loser board gkp?
