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Started: Kernowboy1, 10 Jun 2024 15:16
Last post: barnesy86, 17 Jun 2024 12:08
I'm holding out for £9 as an entry point ideally
Wow, 971p to sell. Ten-year lows and that includes the covid nadir.
6.5% divi yield with multiple catalysts for a re-rate. Oversold to me.
Another pile of tripe you wrote on BARC (Barclays)
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"This dogshxt going sub a quid, maybe even to covid lows, with what is coming down the tracks for U.K., revisiting horrors of 1970’s shortly."
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It now appears to be over £2.
You really should take up washing cars.
When you wrote the following pile of tripe BT was trading at 104p
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20 Mar 2024 10:26
Why would anyone want to buy shares listed in a country where the great unwashed are stupid enough to vote for self harming brexit, net outflows every year since 2016, nobody to buy the shares, maths and facts I’m afraid. As for BT, it’s not undervalued, it’s a shxt debt ridden over regulated company and the new CEO will cut the dividend in half “ to pay for growth “, haha yawn. Terminal like U.K. plc and sterling in general. Tories have fkt the U.K.
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The CEO increased the dividend, Carlos Slim bought a stake, and it now trades at 139p
You would appear to have missed out on a 35% profit.
I suggest you try washing cars, it's likely to make you more than your share tips.
Burberry isn’t a premium brand and is massively reliant on China/Asia which are currently getting fxcked, next to go will be the dividend, in the coming market meltdown could see this with a 7 in front of it, plus Nick Train owns it and he knows how to pick a U.K. dog stock.
Last post: flatliners, 14 Jun 2024 10:56
Waiting for £5.
Shorts are loving this share.
As said, a falling knife... and my hand has been bloodied!
What a pig of a stock. Deary, deary me...
Started: squadraazzura, 6 Jun 2024 14:22
Last post: AbjectPerformer, 8 Jun 2024 01:17
Wish I hadn’t put £300 in here at £13 a share
Not much but oh well. Tempted to top up tho
Hedge fund short sellers burnt by flurry of UK takeover bids:
hTTps://www.ft.com/content/e4d32fb6-4f42-41bc-adf1-9a10edec4928
Started: RayPurchase, 25 May 2024 01:54
Last post: momoni, 4 Jun 2024 14:55
Seeking = selling
This stuff was still seeking during covid - Burberry is top
Tier - average Joe’s don’t buy there money talks and it’s people with money who buy Burberry - it’s not a Calvin klein , Tommy, Lacoste good entry price
For my take, Burberry the brand is living rent free in every fashion consumers mind. Makes the price point very interesting. Ranks top 10-15 in every luxury fashion brand ranking that I can see, and has been known for over 100 years as high quality which will outlast any short term designer taste volatility. And for what it's worth on a Peter Lynch angle, seeing a lot of trench coats in Sydney at the moment. Very interesting at this price.
I was thinking I might start at 8.
I will start buying these at a tenner and more at 9.
Started: squadraazzura, 29 May 2024 15:08
Last post: squadraazzura, 29 May 2024 15:08
New stores in China and Germany.
hTTps://www.fibre2fashion.com/news/apparel-announcement-news/fashion-house-burberry-launches-new-flagship-store-in-hangzhou-china-295668-newsdetails.htm
hTTps://www.dfnionline.com/brand-news/fashion-leathergoods/far-opens-second-burberry-store-frankfurt-airport-29-05-2024/
Started: Maximillian, 21 May 2024 08:31
Last post: squadraazzura, 22 May 2024 14:58
It doesn't matter if one is a medium to long term holder.
When one looks at it cash generation and profit, it's amazing how this company would remain public.
Any group of investors would recover their capital within 5 - 8 years then own BRBY for free.
I’m sure it will recover, eventually, but I have a feeling it might see £8 before it sees £20 again.
Interesting read on performance and cash generation:
https://www.burberryplc.com/investors/financial-performance-kpis
I woud add that the dividend is being kept steady since 2006, even during the 2 year Covid when all its shop were closed. This proves the company commitment to paying a steady dividend.
https://www.dividendmax.com/united-kingdom/london-stock-exchange/personal-goods/burberry-group/dividends
A long term hold for the recovery.
Regarding dividends, I think they can easily cover them until full recovery as their cash flow is excellent.
Assuming no takeover bid is received in the next 3 to 6 months.
Started: wildtiger, 21 May 2024 05:27
Last post: wildtiger, 21 May 2024 05:27
Following the similar path as Superdry, easy multiple year short from here
Started: squadraazzura, 20 May 2024 13:19
Last post: FFObsessed, 20 May 2024 16:47
Yep, think I'm going to start buying tomorrow. Although I don't think they'll be much recovery any time soon, I think now is a good price to start building a position.
If it goes lower, great for me. Sorry any long term holders, it's just one of those periods unfortunately. It'll pass over the next few years.
Meanwhile, I would be happy to wait for the recovery with a dividend yield of 5.5%.
This has now reached a new low for the last 5 years.
IMO it's time to buy - This is without taking into account any future bid approach.
Started: fatprofits, 16 May 2024 00:20
Last post: unhooked, 20 May 2024 15:01
I can't blame BRBY for exploring other, non-traditional lines. As for overpriced, BRBY have instituted a policy of cutting the discounting of their products and dragging their pricing upwards... a policy which makes a lot of sense to me - there's no pricing power whatsoever down in the mass-market categories. A classic Burberry trenchcoat cost £1890 new. Perhaps not super-luxury, but certainly not cheap tat either. This tells me the brand has value. Perhaps I was too early coming back in last week (I also sold out north of £20), but I'm happy to let this play out and wait for the value be realised.
I got out at £22 and I won’t be returning unless it is well below £10. Takeover is always a possibility, but the brand seems to have lost its way, so is probably not a prime target at present. I know nothing about fashion, but having seen some of the overpriced rubbish Burberry have been turning out of late, perhaps they should stick to their knitting and concentrate on developing their more traditional lines.
Look at the last Q revenue fall in China..appears dire.
Asia accounts for 40% of their revenue.
LVMH could possibly be interested...if you are an optimistic type.
Started: Gstarinvest, 14 May 2024 10:02
Last post: Steve077, 15 May 2024 12:11
Results as expected for me.
Share price more than reflects the drop.
This will feel cheap in 6 months when a positive TU drops.
Adding
Well, as stated I bought back in, a few @ -2.5%, a few @ -3.5% and my last buy @-4.2%
Currently holding a few less than I held (before selling) yesterday.
Will see how the day goes, but looking unlikely that it will crater.... ;-)
...and they did just beat the estimates.
Start a position here not so long ago. Think it's either a turnaround play or takeover target. Imo future long hold should still be good
Thanks for the link IDoMyBest! Looks like Q4 sales were inline / slightly better than expected, tho still bad! So interesting to see how the market reacts. I have a holding in Burberry, still see it as having a long-term future, and at these prices look good value, tho could take a few quarters to turn things around.
The brief opinion piece from Bloomberg.
https://www.bloomberg.com/news/articles/2024-05-14/burberry-brby-sales-expected-to-decline-as-brand-revival-falters
Started: wildtiger, 24 Apr 2024 10:40
Last post: n1shares, 24 Apr 2024 17:55
What rubbish you write.I do not know what fashion industry you have been working in.Burberry is one of the most successful brands over the last fifty years .Over the years it has had its ups and often inflicted by itself but in the industry could be called a gold mine and very much depends how it is exploited.
As I said in a recent post I sold most of my holdings in 2018 at about 2018.Have just started to buy and increase my holdings again as it will come good soon
Having worked in the fashion industry for past 10 years, I wouldnt touch this even its at half of whats trading today
Started: xxxAccountant, 21 Apr 2024 08:28
Last post: Notsofastyou, 24 Apr 2024 08:26
You should read the whole article he finishes saying don’t buy it because you think someone else might. Motley fool punt anything clearly get paid to do so.
Started: n1shares, 21 Apr 2024 23:43
Last post: n1shares, 21 Apr 2024 23:43
I sold virtually my entire holding in 2018 at around £22 as the the company was going nowhere.It is still too early to put down the new management although I did not like the up front payments and really in this industry it takes a little time to urn a business around.Last years results had a few special gains which will not be repeated again this year but I think they have to get back to basics as the market they are currently going for is too fickle.
Started: swingman, 12 Jan 2024 09:00
Last post: AbjectPerformer, 30 Mar 2024 03:46
12 months time this will be £16
At 30% if revenues China is Burberry’s biggest market. With real estate tanking there, they don’t have the cash to splash anymore. Recovery in the West will take up a bit of the slack, but not much. I can see sub-£10 before any proper recovery.
There is certainly value and it does look cheap now. However, my question is how much potential growth does a company like Burberry have over the next 10-15 years? When I look at the share price chart over the last 12-13 years it's actually been pretty disappointing. For much of that period we had rock bottom interest rates and many growth shares, particularly in the US, did extremely well.
Current market cap of Burberry is now just under £4.8bn. For comparison, the US fashion company Capri Holdings currently has a market cap of just under $5.9bn (around £4.63bn), which is slighly less than the current Burberry market cap and that company owns some pretty big global luxary brands like Versace, Jimmy Choo and Michael Kors. So maybe Capri Holdings offers even better value?
Never owned Burberry shares, has never appealed to me as particularly the strongest brand in its field.
I thought the same about NWG but nibbled at 175p
I will nibble Burberry in the next couple weeks , if it settles at this price , but ideally would buy at 1100.
Hope it is cheap. On board anyway today for first time as a long term SIPP hold. GLA
Started: JMA46, 18 Mar 2024 07:00
Last post: HumpyDumpy, 18 Mar 2024 19:36
Why? I don’t short but I have no problem with those who do. If the company’s good the shorts’ll get burnt. If not, the shorts were right.
Started: MikeBarso, 28 Feb 2024 09:17
Last post: MikeBarso, 28 Feb 2024 09:17
Can't believe I'm saying this but this has become a real dog...
Absolutely no sign whatsoever of recovery.
Good luck all holders.
Started: JOHNO77, 21 Feb 2024 17:15
Last post: JOHNO77, 21 Feb 2024 17:15
Seen lots of good comments and articles in press regarding the Burberry show at London Fashion Week. Apparently Daniel Lees latest collection went down v well.
Started: HumpyDumpy, 13 Feb 2024 16:39
Last post: dean01, 19 Feb 2024 15:52
So long as Toffers doesn't jump in you'll be OK .... If she does it'll be multi bagger 100000%
Lots of trades today though .... fingers Xd
Bought a first tranche here today and just seen that Russ Mould has tipped them. Had I know that, I’d have steered well clear. Kiss of death!
Last post: Troajan, 27 Jan 2024 23:31
Https://www.thisismoney.co.uk/money/markets/article-13011539/MARKET-REPORT-Footsie-clocks-best-week-four-months.html?ico=mol_desktop_money-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Findex.html&_ga=2.154986746.394092938.1706391978-829466088.1679172563&_gl=1*voxj9i*_ga*ODI5NDY2MDg4LjE2NzkxNzI1NjM.*_ga_XE0XLFFF16*MTcwNjM5ODE2My42My4xLjE3MDYzOTgxNjYuMC4wLjA.
Started: kd100, 26 Jan 2024 23:03
Last post: AbjectPerformer, 26 Jan 2024 23:43
Was going to buy at 1275 yesterday but didn’t. Today at 10am I bought a small position at 1309
Hi everyone! LVMH made a small part of my recent newsletter this week - and most definitely had an impact on Burberry shares!
LVMH (WTD +15.9%) / Luxury: Holds the second largest weighting in the Eurostoxx50. (1) Metrics: Earnings were strong across the board. (2) Guidance: “Chinese clientele remained good“. The Luxury sector significantly under-performed last year, amid continued weakness in Chinese demand. These results helped ease some of the concerns and pointed towards a recovery for the sector as a whole - as such (3) Barclays upgraded Luxury to Overweight. My thoughts? You might remember my past newsletters which mentioned Burberry (bad guidance) / Richemont (strong demand). Seemingly, the “larger“ Luxury names are faring best - Hermes and Kering are still due; it will be safe to assume they will largely reiterate trends mentioned by LVMH.
If you found some value from my piece, you can find more here: https://reallyknowthenews-newsletter.beehiiv.com/
Started: kd100, 15 Jan 2024 19:03
Last post: AbjectPerformer, 23 Jan 2024 06:09
I wouldn’t touch WOSG now Rolex own Bucherer.
Burberry and lvmh etc will never return to previous highs. People spent cash they couldn’t use on holiday while stuck at home.
Burberry is a decent buy but not with a view to doubling one’s money.
Burberry, Mullberry, WOSG amongst others all well below guidance.
Luxury brands not immune to current conditions.
I don’t follow Burberry or fashion , but I am a fan of watches and have been for 20 years.
If the Burberry situation is anything like Rolex omega JLC cartier etc, then the downward trend is not over and there is very little chance it will reach previous highs . Especially in the medium term.
Burberry (WTD -7.5%): British Luxury brand, Burberry, saw it shares plummet after it announced its Q3 earnings - which all in all, was not horrible. The real kicker for the name was that it cut its guidance, citing “a slowdown in Luxury demand”. What the experts are saying: Analysts are now looking towards Richemont earnings this Thursday, as any early indications to see if this is a company specific issue, or a wider slowdown throughout the Luxury sector. Personally, I do not see Richemont and Burberry as direct peers - but its important to know the talk on the street - so you are not caught by surprise if you hold any Luxury names.
If you liked my piece, consider my newsletter! https://reallyknowthenews-newsletter.beehiiv.com/
Started: FALCONER-FLYER, 16 Jan 2024 07:50
Last post: Gloucester10, 16 Jan 2024 14:30
Agree long term support line is 10 but it tends to bounce quickly from there and you may miss out the first recovery punch up. So will start adding
World stocks getting pasted, wens day also not looking good, 1000p by Friday then Tim to get in again.
Started: my2penneth, 15 Jan 2024 17:13
Last post: my2penneth, 15 Jan 2024 17:13
Nearly down to the Covid low...it's as if they have decided that China (and the rest ot the World) has closed down ?
Started: FALCONER-FLYER, 15 Jan 2024 14:44
Last post: thericeking, 15 Jan 2024 15:54
I'm an absolute noob, and may be wishful thinking as I bought in around 1400ish. But:
Trendline seems to be reached;
Lots of Gaps down implies exaughstion of the downtrend to me;
People making money off crypto may buy high end clothes.
All spells a shift soon for me, doubt it will go as low as pandemic levels, this isn't a market crisis. That said, there is a looming recession (though that has been the case for a while now).
Anyway, I invested for years so short term doesn't bother me too much. Just hoping it turns up soon :)
I read a analyst report in current trend, it "may" bottom out at a lowly £9.30p.
I have dry powder not in yet, this drop ain't over, in my research I can't see were the brand can grow this year, we shall see folks