The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Don't understand a word of this, what point are you trying to make ?
Been Ordered To Get Back On Hols ............ Been A Blast This Week Closed All Indices ..... Good Luck Whether Long Or Short Out There ....
Poor Old Italia!!!
Have All The Aces .............. With Ford And GM Squealing They Don't Don't Know Which Models To Produce As Nothings Selling The Germans Are Worried And So They Should Be ........... Free Car With A Handbag Soon IMO ........ Oh And Free Flights To Any No Go Areas You Like ha ha.
American Airways Fell Twice The Market Average Straight Through All Time Lows ....... Goldmans It Seems Want's To Be In The News ........ Hope I've Saved You A Few Quid ........ If Not Hey Ho It's Only A Few Handbags lol .
Burberry is one of the luxury brands most at risk from the coronavirus outbreak, UBS said as it downgraded the company to 'sell' and slashed its target price by more than a third.
UBS analyst Zuzanna Pusz said Burberry's attempted turnaround was increasingly shaky and that the company would lose sales due to the coronavirus. She reduced her rating on Burberry shares to 'sell' from 'neutral' and cut her price target by 37% to £14.15.
Pusz said Burberry's shares were pricing in gains that were "unachievable given limits to cost cutting and the need to ramp up brand investments". She said the company's momentum was weakening at crucial point in its turnaround plan under Chief Executive Marco Gobbetti.
Burberry warned on 7 February that the coronavirus was damaging sales in China and Hong Kong and that the outbreak had forced it to close more than a third of its stores in mainland China. The FTSE 100 company makes about 40% of its sales to Chinese consumers in China and travelling overseas.
Pusz cut her estimate for 2020 earnings per share to 76.39p from 90.49p. Burberry shares fell 4.5% to £16.57 at 13:16 GMT.
She said it was possible for Burberry to maintain share buybacks of about £150m a year but that it would need to increase investments in the short run.
Will Get Hit Hard The Poor Souls In Refugee Camps On The Doorsteps Of Europe Thoughts Go Out To Them And A Donation.
Which companies do you think would/could most likely take a look at acquiring Burberry if anyone or has someone tried before?
Think FTSEMIB Will Get Slammed Tom.Gla
Buy Real Asset's IMO.
I think the problems in Hong Kong plus the threat of the new virus in Asia is causing the negativity.
Given the recent action in the luxury goods/clothing industry recently surely this gets a look from one of the larger fashion houses, especially with such a strong brand name and decent forward looking guidance...?
dipped in today - guidanc raised but sp falls - why?
BRBY Burberry.........might be worth dipping into now on this intra day fall.
https://uk.advfn.com/p.php?pid=legacyintra&epic=L^BRBY&type=1&size=3&period=a&freq=1&ind_type1=1&ind1_1=&ind2_1=&olx_1=&scheme=&delay_indices=DELAYED_INDICES
This has proved disappointing over the last 3 months. It has a high beta which is generally a bad indicator.
What will Burberry have in its full year handbag on Thursday?
Arguably the fourth quarter is going to be the real test for Burberry, with that period just about covering the launch of Riccardo Tisci’s debut collection as creative director. Analysts are expecting like-for-like sales to rise 2% during Q4.
As for the full year, group revenue is expected to be effectively flat at constant exchange rates, with an overall comparable sales increase of 2%, and a 5.4% slide in adjusted operating profit to £442 million. It has also repeatedly stated it is on track to deliver cumulative cost savings of £100 million. The forecasts for 2019, the first full year under the creative guidance of Tisci, could be crucial.
Read what Spreadex analysts have to say, or watch a 60 second preview, here: https://spreadex.com/?tid=391573
https://www.farfetch.com/uk/shopping/women/burberry/items.aspx
Farfetch, not Fartech. Just announced in press. Odd no RNS.
PARIS (Reuters) - Burberry (BRBY.L) will team up with online retailer Farfetch to make all of its products available to internet shoppers in 150 countries, the British fashion company said on Thursday. It said the Farfetch partnership would expand its distribution around the world, making its whole inventory widely available as it targets �a young fashion-conscious consumer�. https://uk.reuters.com/article/uk-burberry-farfetch/burberry-pairs-up-with-farfetch-in-online-push-idUKKCN1FZ116
BRBY Burberry , bullish top triangle formed. Luxury goods tend to be of Inelastic Demand, eg, does Victoria Beckham care about the cost of Living.😯 not a chance. Forward P/E of 19.6 historically very cheap. Interims Nov 10th. https://pbs.twimg.com/media/DJMIx7OXUAAn9-J.jpg <b><u>Burberry Group director deals</u></b> Date Director Type Volume / price Trade value 09 Aug 17 Carolyn McCall Buy 40 @ 1784.97 £713.99 09 Aug 17 Ian Carter Buy 581 @ 1784.97 £10,370.68 09 Aug 17 Christoper Bailey Buy 8,784 @ 1784.97 £156,791.76
IN THE LIST OF TRADES IS THE DEALER, WHEN BUY IS LISTED, SELLING (ASK) OR BUYING (BID) THE SHARE
I do not think it is nerves,as they normally even when they have a good statement make a mess of it and the shares go down.As far as I am concerned this is a share when marketed correctly will go up significantly.However I am sure that it will be taken out soon for a premium to the existing price.The number of shares bought recently tends to suggest someone is building a stake.I will be very surprised if it goes up in the morning.
Any thoughts ahead of tomorrow trading statement? I'm worried that the fall today is showing nerves despite the recently rally we have had since the 05/01...
hi there , ive just bought a small holding for my daughters trust fund . hopefully they should do well long term
discussed on FT Alphaville just now