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Only about 25% of the shops are under tier 4, with Click and Collect only, hopefully this will give the some scope to offload any excess Christmas stocks in the other 75%.
its a massive buy from me monkshood .
Surprised to see it under 1200, but it is a nice opportunity to rebuild my holding . It will be interesting to see the impact of the last lockdown - my guesstimate is around 300M revenues for this quarter, which would still put them comfortably ahead of last years H1.
Hoping this starts to recover given the good news we have had about vaccines don,t see why it should not.............and maybe get a lift with Xmas rally. gla"...................
I dip in dip out. I will come back at 1200- 1250p which it is likely to hit this week by the trend.
You shouldn't have sold at loss, this is robust stock, infact I just bought more on weakness, yesterday's trading update was fantastic. they will bounce back, you never make money if you keep selling at loss.
WELL in all fairness its done ok from 6 pound -2 years ago --HOPE you nurse back your losses
Got out making a loss of 3000. It will slide back to 1200 and then to 800 by the look of it. Better to nurse a small loss then stick to this as there seems to be more going on then what meets the eye.
Exactly! This should be counted as a covid resistant share and growth in q3 support this.
My explanation is that the fear is further lockdown will affect the economy and trade - actually it will do the opposite because people need to fill their time and if you can't go out you do on line shopping - just observe your own household.
Very strange. Was hoping to break the £16 mark. No idea why it should dive, it's a positive company and weathered the storm so far.
Very strange. Was hoping to break the £16 mark. No idea why it should dive, it's a positive company and weathered the storm so far.
Such a positive result and SP has gone down ! I can't understand. Can any one shed a light on this, please?
Disappointing SP on results which look positive.
It looks like they maintained a 25% increase in YoY sales through September, following on from the same in August and 59% in July. If this continues, then they will be looking at sales of around £400m in the next quarter.
Yes, even if you strip out all of the exceptional inflows and repayment of JRS it still leaves them with 20M net cash after what is, traditionally, their weakest quarter.
Total sales in the quarter were £359.1m, an increase of £96.5m year over year, as we continue to win market share in a buoyant homewares market.
Nice bounce back from the recent dip. The results out in a couple of weeks should be good, we know sales were up 59% YoY in July and 25% in August, hard to see this has not been maintained through September.
According to my family, they are very well organised re-covid in the shops, certainly a safer environment than many retailers and their online side works well to.
With the strong housing market and lots of people still working from home they should be able to keep the momentum going through the winter.
Dunelm’s (DNLM) digital strategy has been supercharged, creating ‘exciting’ long-term prospects, says Peel Hunt.
Analyst John Stevenson retained his ‘buy’ recommendation and target price of £16 on the homewares retailer after last week’s full-year results, following a surprise trading update earlier this month which ‘was the catalyst for another round of upgrades’. The shares were trading at £13.97 today.
‘Dunelm’s digital-first strategy has been supercharged by both consumers and management,’ he said.
‘New customer recruitment is surging, with three times the rate of online interactions and strong sales growth across all channels. Long-term prospects remain exciting.’
It seems to be holding up quite well.
Why sell off yesterday so hard that it dropped the price 200 pr share, there is clearly a demand at these prices? If they had spread it out over several days they would surely would have had a better return.
I did wonder if it was to do with not paying the divi that then made it ineligible for inclusion in a divi tracker/fund and so was a forced sale. When I checked the Russel FTSE Div+ index has already announced its changes so this would be unaffected even if it is a member (I cannot find a list of constituents to even check if Dnlm is included) , but perhaps there are other indices/funds affected.
Seems to be bouncing back today.
It was the first time I had bought many since the March lows, so if it keeps going up then it was just a nice dip to buy into.
I guess it depends on if yesterdays seller is finished or if they are waiting for the bounce to start selling into again....
Hard to see that it will not be up to at least 1450 by the October trading update.
sorry I meant to write that some businesses revenue fell 80 percent not 3 percent so its not big deal but its being portrait like a catastrophy
its all the way its writen Instead to write that revenue only slightly fell its writen 'first time in 41 year history but its only 50milion When revenue are more than bilion its no big diffrence taking to condideration some online shop fell 0 percent not 3
Subscription only link:
https://www.thetimes.co.uk/edition/business/online-boom-helps-dunelm-to-cope-with-shop-closures-fhd6dm39r
I guess one of the II's wanted to reduce. Not sure why today as there was nothing new, probably decided to 'sell into the news' but there have not been enough takers to support the price.
I have been buying some on the way down. With sales for the next quarter likely to average at least 25%, and probably more YoY it is hard to see that the price will not rise again (even though they will be quite pricey for a retailer).