Re: No Confidence In CEO SELL 350 target(autumn)
No Confidence In CEO A failed CEO Not invested a single penny in this business - why should IHis failure to purchase any shares speaks volumes - will merely attract snortersBuy some or get your nose out of the trough EuanStong sell while the management risk less than I d
trading statement Does anyone know when the christmas trading statement is due? I cant see anything on the SGP websiteFor what its worth I visited some SGP shops after christmas and their sale seemed fairly uninspiring. That said there were a lot of shoppers out and the colder weather might have helped shift some stock
Re: Margins falling Very useful addition to the debate, thank you. SGP is going to go down further - my forecast IMHO - before it takes a single positive step again. There is much to do, and in a tough market situation. Compare or should I say contrast the situation with that of Ted Baker's trading update today. Now, that really is a brand!
Margins falling These are the margins from 2010 to 2014 read right to left:-Operating Margin 10.37% 14.29% 16.35% 19.84% 16.28% The drop is a consistent trend and is a potential worry going forward.It's dropped 37% in the last 5 years.Games
Re: Oh dear, 20% off flash sale To be fair winter hasn't really arrived yet. However the winter stock imo needs to be launched just before Christmas and not in November. Seasons are later each year.
Re: Paul scott Having worked at Angel Square for the co op - Sutherland is not the man to lead this groupHe was ineffectual at the above He has not purchased a single share in the new business - for me he risks absolutely nothing except his gifted shares which for me is not commitment He did not see where the real waste in the business was and like old style asset strippers his only solution was to sell the business down the river - anything of value was for sale He shirked the hard decisions and failed to grow any market share Until he buys some shares for me I will not inve
Medium term outlook unchanged Sorry about the spelling!!
Meduin term outlook un = [link]
Oh dear, 20% off flash sale We dont need to discount right? Hmmm...winter stock backing up[link] a 1/3rd off winter wooliesHold steady now.
Re: LFL sales down 4% ,, bad sign I am inclined to agree. I am not impressed with the recent management changes either. OK, I understand that the joint founder wants to concentrate on the brand, but I believe that they needed to get in an experienced guy in the trade. The one they have recruited is not.
LFL sales down 4% ,, bad sign that's the second period reporting that sales on a LFL basis have been down. signs of the brand tirdness