Fair comment and there is a touch of 'dog with a bone' when I look at my comments back but they are facts and I still can't get my head around those FCUK t-shirts. But yes agree the shares are a bargain.
I think you are placing to much emphasis with respect Dalooks1 on short term changes with the website. All retailers discount heavily at the end of a seasonal period. Also this company appears to be making good progress with regards to online sales. Furthermore, if you talk to people in the trade, their summer collection has been a real success and FCCN are back in fashion, and with the CBI survey suggesting retail sales bounced back sharply in July I would say you can now go back to a positive stance on company as the market cap is now back to nearly £50m the shares look to be in bargain territory.
Ok, go onto the frenchconnection.com website. Go into Mens New arrivals, what do you see 3 FCUK t-shirts an bad ones at that, this is the start of the new season. V bizarre,
This share has a history of doing 'stuff' before a set of announcements, those buys at the end of the day were interesting. Personally I just think it is MM playing games as the no. of buys were similar to number of sells so I would not read too much into it but worth keeping a close eye on tomorrow.
No one else alarmed by the 9% drop today?
Their website is still showing the 70% off with final markdowns, I find their e-commerce strategyand sale questionable, why not got half and half with sale and new season as the message to their customer? Their current stance has been too distressed for too long. As always I am there to be shot down. This weather is doing wonders for the rag traders this season so I am hoping for a strong update from UK retail when they update the market but I am puzzled by their current trading stance.
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