TalygarnTom
05 Jan 2016
Something's Rotten In Poundland - Article Excellent article here comparing Poundland with other discount retailers. You need to register your e-mail but well worth reading. [link]
Clarence Beaks
27 Nov 2015
Re: Charity or money maker? A fair response weeneilly. Good luck to you then.
weeneilly
26 Nov 2015
Re: Charity or money maker? oops. Should have read
oundland looks more like a charity, in some ways, than a...
weeneilly
26 Nov 2015
Re: Charity or money maker? Of course, across my portfolio, I don't want to lose money. However, I am happy to support a company which employs 10.020 people and provides really good value staple goods and treats in some of the most deprived communities in the UK. If I only get a small return, then I will view this investment in a different light to most of my others. Poundland looks like a charity, in some ways, than a profit making enterprise and it will continue to have my support.
Clarence Beaks
25 Nov 2015
Re: Charity or money maker? "I believe investment is not always about how much money I can make"You might want to rethink your strategy there weeneilly
weeneilly
25 Nov 2015
Charity or money maker? I live in an area of very severe deprivation and Poundland is always packed with shoppers. We have two stores within 100 yards of each other in our town. The older, smaller one was due to close earlier this year to complete the move to a larger premises, but both stores remain open and busy. I bought Poundland this year based on the evidence of footfall in our local stores.Now, it looks like pre-tax profits may not get above 1% of turnover on the current business model, which makes this company look more like a charity than a profit making enterprise. However, given the clear demand for value, and some level of profitability, I am happy to support Poundland as it meets a clear need and I enjoy shopping there. I believe investment is not always about how much money I can make.
Tenobas
24 Nov 2015
What can you do When your business model is so badly broken?
nk1999
22 Nov 2015
Telegraph- Questor "Sell Poundland as profits tumble: Poundland [LONLND] shocked investors with a dismal set of first-half results that showed pretax profits sharply lower, sending the shares tumbling 20% yesterday and with little reassurance for the crucial Christmas trading period, Questor is calling time on some awful buy advice. Expansion, however, has a nasty habit of destroying value if it is pursued at the expense of profits. That is the problem with Poundland. The sales increased by 6.2% to £561 million during the six months ended September 27, but pretax profits collapsed by 44% to £5.3 million. The real concern was that like-for-like sales were down 2.8% across the first half, and trading was “highly volatile” during the third quarter, not good heading into the crucial Christmas period. Questor would question the logic of such a large expansion plan funded by a £50 million equity raising when profitability is falling so fast and there is little certainty in the future. The living wage will also add about £4 million to costs by 2017. Market consensus is for about £49 million in full year adjusted pretax profits, giving 15p in earnings per share, and leaving the shares trading on a PE ratio of 16 times. Poundland at 222.7p -55.9p. Questor says “Sell”."
camperdown
20 Nov 2015
all the ingredients yes i can see the the short sellers going to town here,dyor
cassash
20 Nov 2015
pe 19 still on a pe of 19 after yesterdays results, needs to be around 10 before i would take the risk on this one , very high risk investment at these prices
meattrader
19 Nov 2015
Bounce Methinks this could bounce in the morning, so in and out quickly tomorrow.
gamesinvestor
19 Nov 2015
Re: Aquisition LG -- I'm disappointed, I wanted you to set the price at a pound and then I'd look at it.Still, with the lardasses about to wind up interest rates, Ossy Osborne might soon follow and turn the switch he controls on the back of Mark Carney.Sooner or later, a £ won't be worth shxte.Games - a pounding it's definitely taking today - sorry that was crass!
lambrini girl
19 Nov 2015
Re: Aquisition .shudd be 240 soon tho.<<<BANG ON!!
Chocolate Dustbin
16 Nov 2015
New store on the doorstep.. From the local rag ....MAJOR retailer Poundland is set to open a new store in Malvern, The Observer can reveal.The chain, Europe’s largest single price merchandise retailer, has confirmed a new store will be opening in the town within the ‘next quarter’, although an opening date is yet to be officially announced.Further details such as the store’s exact location and the number of jobs to be created are to be announced in due course by the store.However, Poundland has tweeted its scheduled opening date is for Saturday, November 28 but is ‘subject to change’.Poundland offers thousands of items at just £1 each and has more than 600 stores in the UK. The Malvern store is to provide more than 3,500 products and ‘numerous’ job opportunities.Poundland’s retail director, Martin Dawson, said: “Poundland has grown significantly over the past 12 months and it’s fantastic to see this expansion continuing with a new store in Malvern. We’re looking forward to opening our doors.”The announcement of a new store in Malvern comes just months after the chain opened its 600th UK store in Bilston near Wolverhampton.The chain will join Malverm’s major chain retailers such as Waitrose, WH Smith, Iceland, Morrisons and Marks and Spencer.Other Poundland stores near to Malvern are situated in Worcester and Evesham.Coun Rebecca Massey, responsible for economy on Malvern Hills District Council, said she welcomed the store’s imminent arrival.“Anything which creates more jobs is welcome news but we await more details,” she said.“Overall it is a sign of confidence in Malvern as a place to invest and do business.”Malvern resident Tom Leaman, who has long been calling for Poundland to have a store in the town, said: “Poundland is what is needed in Malvern and will do such a good trade.”
Clarence Beaks
14 Nov 2015
From Yahoo Finance [link] don't hold any currently.
