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Started: amirichyet, 24 Dec 2023 11:36
Last post: amirichyet, 24 Dec 2023 11:36
Admission to AIM July 2017. Placing Price of 161 pence: £92.1 million of gross proceeds for the Selling Shareholders and £10.6 million of gross proceeds for the Company.
Depleat company cash, fund improvement to distribution centres - related party transactions, strategic review by family friendly chairman and a delisting coming for a few million back to the family, £100m rinsed from retail shareholders to founding family - standard AIM playbook. Wait a few years and repeat.
I wonder what the strategic review will yield? Half wonder if they're putting the for sale sign up... Has been uninspiring performance so far
Disappointing results. Should probably cut my losses and move on but the mcap is now so low that I just can’t bring myself to hit the sell button!
If sentiment to Quiz clothing were to improve, given omnichannel sales opportunity this could triple very quickly but unfortunately, given recent years, it’s hard to see why this would suddenly happen now.
Started: Rpmcc, 22 Sep 2023 10:44
Last post: max19, 22 Sep 2023 11:29
You just never know....bonkers days atm.....
HOWEVER, if opportunity will come again to buy below 6p I will try and take it after taking a punt with available funds for 5.58p at the beginning of the week.
ATB.
Run up to Christmas, next update should be more positive, equity raise very unlikely in my view and at these levels a 50% bounce seems more likely than not in the next 4 months. Question is, have we bottomed out already, or will there be another chance to get in below 6??
Started: MrBombastic, 19 Sep 2023 09:16
Last post: Djmtrading91, 19 Sep 2023 11:48
Equity raise funds might be needed
Sorry, but anyone thinking this is undervalued should take a look at what happened with ITS! The assets are worth whatever someone is willing to pay for it, and IMO this wreeks of the same scenario.
This was undervalued yesterday and fair value today is probably yesterday's price so well worth a dip imho
Bounce is on! MM’s marked this down too sharply in my view. £7m mkt cap makes this one of the cheapest retailers out there and they are omni channel! What do people think about the BOD?
Started: MrBombastic, 19 Sep 2023 09:01
Last post: MrBombastic, 19 Sep 2023 09:01
Silly levels as company isn’t going bust. Just that it might have a £1.5m loss of things don’t improve. I personally think drop over done as this was trading in the teens! Dyor
Started: barnetpeter, 19 Sep 2023 08:57
Last post: barnetpeter, 19 Sep 2023 08:57
Been in and out of this for years. It listed at crazy price. There is a store where I live in the shopping centre. Always empty. Just too expensive compared to the competitors. Who are always having sales. Going bust….no idea but Wilco store is just along from quiz. Sign of the times I think. May take punt if this fall continues. Best chance is the family buy the company back.
Started: MrBombastic, 19 Sep 2023 08:42
Last post: MrBombastic, 19 Sep 2023 08:42
Market cap seems peanuts for this retailer and its best quarter is to come imho!
Started: scoredagainsteps, 12 Jul 2023 08:48
Last post: scoredagainsteps, 12 Jul 2023 08:48
And mkt capt still be 20 odd million . IMO it always bounces to 17pI think there is a trade here
Started: LukeD90, 4 Jul 2023 13:31
Last post: LukeD90, 4 Jul 2023 13:31
Seems to be little happening anymore, have a few good days but then tumble again. Seems to become a bit stale, can’t imagine they will ever get any momentum anymore :(
Started: Cruusoe, 19 Apr 2023 15:16
Last post: Cruusoe, 21 Apr 2023 14:10
Reports buys on here and share price goes down. Reported sells like today and price goes up.
wtf
Bit of a debacle if you ask me
What a ridiculous drop in price for stating the obvious re inflationary headwinds. Occasions will continue to happen requiring attractively priced occasion wear so I remain happy to hold and have added a few at a bargain price this morning.
Started: enzo73, 13 Mar 2023 09:22
Last post: enzo73, 13 Mar 2023 09:22
Noticed few strange trades going through this morning price well above ask and small quantities?
Started: enzo73, 17 Jan 2023 07:46
Last post: enzo73, 9 Mar 2023 12:14
Looking good for Quiz. I'm going to sell at 18p for my 25% profit. Not long to wait I reckon. Will switch it into BOO which has been massively oversold and should come back this year.
HL took it down me in for the long term let’s see what happens in 2023
Climb baby climb!!
Started: Scoobydoo321, 5 Jan 2023 11:43
Last post: Scoobydoo321, 5 Jan 2023 11:43
Strange - not much buying here.
Surely hints to good trading at QUIZ over the Christmas period.
Started: Investorblog, 17 Dec 2022 00:13
Last post: Investorblog, 17 Dec 2022 00:13
The company returned to profitability and is built back its cash.
https://www.youtube.com/watch?v=Pb6lafdbpT8&t=4092s
There was a quick presentation and discussion, and the members of the club tried to guess a fair market capitalization for the company.
Started: mexicanr, 7 Dec 2022 07:40
Last post: enzo73, 7 Dec 2022 09:32
Decent results and again no reaction in terms of share price! Can’t work it out see other less impressive results and price jumps +10%??? I will continue to hold but frustrated by market reaction
Very impressive update, no doubt about it.. .especially on the back of the overall market and economy struggle.
Keep it up.
Pretty happy with that. Plenty of cash here now. All the loss I making elements appear to have been removed. Management get my vote of confidence here.
Started: Rpmcc, 6 Dec 2022 15:32
Last post: Rpmcc, 6 Dec 2022 15:32
Having had slightly disappointing results with Hfd and very disappointing results with crl in recent weeks, I could do with some Christmas cheer on this one tomorrow! Confidence much higher with this one based on last update. ????GL all
Started: Investorblog, 10 Oct 2022 09:54
Last post: Rpmcc, 14 Oct 2022 12:28
Just bought in today. Kept looking for the catch, but does genuinely seem very very cheap! Fingers crossed. And I’m also in Zyt. Strong cash balance sheets with both offers a lot of protection
New trading update with revenue increasing +37% at £49 million. Net Cash has grown to £9.2 million, and the stock is still trading for £14 million. Can't believe I can still buy it by paying a little more that their net cash position. The stock is sleeping and seems to be crazily undervalued
https://www.londonstockexchange.com/news-article/QUIZ/trading-update/15664125
Today at 7pm some value investors we are meeting in London.
We will discuss Quiz and I will share the experience of attending its AGM. Alex, also part of the group will extensively present Zytronic, and has prepared a report that you can find on the page of the meetup.
hxxps://www.meetup.com/quality-value-investing/events/288934590/
You are welcome to com. In that case please RVSP.
Started: cuttlefish, 22 Sep 2022 10:46
Last post: cuttlefish, 22 Sep 2022 10:46
Good to see some buys. Have wondered for quite a long time as to why the non-family directors have stayed on the sidelines.
Started: LukeD90, 2 Aug 2022 10:45
Last post: max19, 5 Aug 2022 14:39
And it's still rising.....I always thought the results were marvelous, but the market reaction was a wee slow until the last few days ,seems like something else triggered that.. .what???
I don't know.....but looking very promising.
Something afoot....????
Long it may continue, hopefully.
Seems to be having a good couple of days, lets hope it continues, any idea for the reasoning behind the increase recently. Im in at 27p so staying put a while yet!.
Started: max19, 5 Jul 2022 08:25
Last post: max19, 5 Jul 2022 12:26
Added few (10.40p)
Rude not too.....:)
Xx
Very good.
Very impressive indeed.....surely the market will take notice of this encouraging numbers. ..:)
I know I will.....
GLA.
Started: littleknowledge, 10 May 2022 18:01
Last post: Sharongoldi, 21 Jun 2022 17:07
Certainly!
I’ve just seen the Quiz concession selling in New look! Further inquiries made - the brand has been there a few weeks. Just in time for the summer sales and lots of fresh eyes :)
Not normally a ramper. Lets assume this is an unfashionable (pun) sector that can never reach its once great share price..its still undervalued
Started: max19, 1 Apr 2022 08:51
Last post: Debacle, 5 Apr 2022 12:49
Looking at the numbers, I am looking at a target of 30p plus before considering my options
I am hoping to top up large on this don’t want the price to high have a great weekend
Ex fashion/clothing/retail industry ...
So smart as well then...:)
GL.
Tipped by my girlfriend - GL :)
Started: liquid1, 1 Apr 2022 16:25
Last post: liquid1, 1 Apr 2022 16:25
For the financial year which ended March 31, Quiz expects to post revenue of GBP78.0 million, which would top expectations and be up 96% from GBP39.7 million from the year prior.
"Positive sales momentum" it saw over the Christmas period continued into the final quarter of its financial year.
"This encouraging momentum was achieved across both the group's store and concession portfolio as well as its e-commerce website, and resulted in like-for-like revenues broadly consistent with those generated in FY 2019, prior to the impact of Covid-19," Quiz said.
You’d think someone would be looking at Quiz given the current mcap or do you think the family owning the majority of shares may put potential suitors from bidding? I think the current valuation based on previous update represents a significant opportunity (wasn’t that long ago it was 27p!). GLA