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I’m not sure about the £50, that would be a nice new year present. I’m pretty sure there is a special divi soon, that that may help bolster move share price until then. This company has a great structure but I’m not sure there is too much more growth in the short term. I would be very satisfied with £48 by end of jan
Topped up yet again yesterday as this share is so underpriced when you look at all the other major shares on the market.I reckon it will be over fifty pounds by next week.two things to look for when looking at the christmas sales announcements in the next few weeks.First look at the timings as all groups use different periods.For example Next only goes up to Christmas Eve which does not include the sale whereas some will go up to new years eve and others the following week.Also see if any mention their margin.for instance John Lewis over the last four years has been considered a winner on Xmas sales but never mentions margin and then a few months late it has its end year results which have been falling for the last few years so a winner on sales is not always a winner.
Plenty of people give out pointers on here for a variety of reasons. Some out of sharing the love, some to pump shares for an offload. Anyone on these boards shouldn’t be here taking advice if they are inexperienced. Put the ticker (code) up, and finish any pointer with dyor, or imho. That way, you are expressing an opinion and not offering financial advice. Wish I’d bought Mext a few weeks back when a friend raised their price. He is looking for high 50’s. All his opinion though lol.
spill the beens
Been advised not too, so I will just wish you all a Merry Christmas and a prosperous New Year.
Hi all, My wife works for Next and so we have share options which we always take. But Im new to this. Am I allowed to point you guys to another investment opportunity. Obviously you would need to do your own research?
About time it went up.It has performed poorly this year for no reason.Its trading figures have done virtually exactly what it said they would do and I have looked back at the history and their shares seem very undervalued compared to the market.They still are one of the most profitable retail companies on the block.I also topped up this week.
No complaints from me great divi share buy backs what's not to like tab.
Hey Tomglan yes Long term holder. Since 2014 started at about 70 and averaged down to about 38. I am with you and was thinking of topping up last week my ISA with NXT, as there seems to be a pattern now of the share price increasing closer to the ex-div date and then sharply falling down after trading statements
LTH - is that long term holder? Personally I already hold a lot of Next in my ISA but have hedged another big block at around the current SP for my ISA come April. I believe there is a greater chance the SP will be higher then and don't want to miss out on the current bargain prices. In the meantime I'm happy to collect 8%+ yield (div + buybacks). Happy days. ATB
Shares price has increased by 4-5% over the last 2 days and this board is so utterly quiet. Is this because of the upcoming ex-div date or is there something else we do not know? LTH here
i agree n1. I have re-read your points a few times Fahad and im struggling to quite understand what you are saying particularly around the Gucci brand. If anything the Gucci brand is the one thats tarnished. When was the last time you saw a real Gucci bag? There are so many knock offs the assumption when walking down the street is that every example is fake. When the chinese can make your product for a tenner it doesnt make you question the point? I dont understand why you think NEXT has to have something thats totally unique and if you cant find it then it's a problem? NEXt is a brand for everyman. Thats a pretty damned big market. They could of course do something that no-one else is, perhaps make tracksuits out of lead or hats that disolve in the cold but that doesnt sound like a good business either. what they do do is produce well made clothing, above the average marker, at a price that everyman can afford, in a style thats modern but not too edgy, catering for all ages, sold from either stores on every high street or retail park with a easy to use website and great e-commerce package. I can see why you dont like it...... It's got its fair share of risks to consider for the future but also its fair share of opportunities and being cash rich and generative isnt a bad place to be
Fahad is totally wrong.Not only has Next got loyal customers it also has a business strategy that consumers like.What is different compared to most other competitors is that it has a strong internet business which is cheap to run as products can be picked up in store and returned direct to store which must save them a fortune.It will also speed up the returns procedure.The sales from the internet are not subject to retail costs and so it is a win win all the way to the bank.The bottom line of this company has been growing for over twenty years with a few hitches along the way.I am sad that I did not buy them when they were 8 pence a share in 1991.Not sure if they will return to £70 in the short term but I think sixty is quite achievable
Even gucci can be replicated by the chinese with the cheap knock offs so i stand by my statement from before
When there is a competitor in the market that is making the same clothes as you, then what sets you it apart is the brand, and this is where the problem is, which everybody is forgetting, Next has no brand, it's trying to be too many things and cater to everybody. You can try to replicate Gucci but It's brand is intangible and you can't replicate it. I am neither invested in this company or shorting it, i am thinking objectively, like I said the fundamentals look great at the moment, and I'm sure everybody feels the company should go back up to 7000p, but you're chasing past performances and using it as indicator for the future, this is what I am saying, will Next continue to be the player it is for many years to come? That's the question you have to ask yourself m, and I don't think it will.
Fahad seems to be missing the point here. Whilst the growth story for next might be over it is still generating a ton of cash with a yield well in year of 7% which is underpinning the sp at the moment. You say Next is nothing special and its business and clothes can be easily replicated. As for that statement it can apply to any clothes retailer. However i feel next does have an ace up its sleeve and will be able to adapt pretty easily if the need be it. Majority (if not all) of the premises next operates from are on a lease it would not take alot of effort for next to shift from the high street to a internet only retailer by not renewing the leases. The next directory seems to be growing and if next was to shift in that direction i can see next commanding the same lofty valuations like asos, boohoo etc. As always dyor
I think you're misunderstanding what I said... I said the fundamentals look great and short term this share may rise, however long term I don't understand what is special about it, yes it's a cash generative business ATM, emphasis on ATM. But long term they will be huge squeeze in profits. What stops a Chinese company making the same clothes and selling them for half the price? Nothing! and that is my point, there is nothing special about Next, it has nothing UNIQUE and it's product can be easily replicated. It's neither a luxury brand which people will pay extra for or a place to go shopping when you're short on money at the end of the month.
Pimpin you are correct.Fahad is entirely wrong.If he had done his research properly he would find that Next made more money than Marks and Spencer.It is a well run company and atr the moment it has a fantastic yeild and although it forecast lower profits this year it will be most probably the best retailer on the High Steet.The value of the company is currently very low so there is plenty of upside.Again I think they are scheduled to make circa £700million this year.What other high street retailer will match that.
I think you are quite wrong Fahad. A lot of NEXT buyers are very, very loyal and have been buying their clothes for ages, and will continue to do so. The brand and brand loyalty is strong so Im surprised by your conclusions..
I did my resarch women love the clothes for themselves and children i have family who will only shop at next, That's why they make the profits they do they cant afford to rest on their laurels and they will and do face tough competition but a solid well run company.jmo dyor
Hi All I was just doing some research into some potential stocks to invest in, I came across Next and while most of the fundamentals look great, I'm going to go out on a limb and say this stock is overvalued. I asked myself some questions; What is the need for Next? Would consumers even care if it disappears of our high street? What is the image of the next brand? I can't figure that out, it's sit somewhere in between primary and marks and Spencer's. I don't think Next has an identity, it's clothing is very similar to BHS, we all know how that went. Consumer habits change, but unfortunately I don't think habits will change to make Next relevant. I'm sorry for the negative post, but I hope it spurs some people to look further into this stock, rather than go on fundamentals and chase historical prices. Past prices is not a guarantee of future prices, while there may be short term volatility and this stock may rise in the near time, in the long term this stock will go down IMO. For traders I'm sure this trade will net you guys loads of money but for the value investors I don't think there is any long term. Good luck all.
High street fashion chain Next has become the latest retailer to join forces with Tesco to sell clothing in its supermarkets. It comes a year after Britain's biggest food chain introduced a string of Arcadia concessions into its stores - the firm behind Dorothy Perkins, Topshop and Burton, and owned by Sir Philip Green. Earlier this week Next opened a 4300sq ft concession inside Tesco Extra in Surrey Quays, stocking a range of both menswear and womenswear, in a trial move. A spokeswoman said: “We want to offer our customers the best possible choice and convenience when they shop with us. “We have a number of partnerships in stores across the UK, complementing our existing Tesco products and services. “We’re pleased to be partnering with Next in our Surrey Quays store and look forward to seeing how customers respond." Next joins a list of retailers that now have partnerships with Tesco - which currently includes Dixons Carphone, Arcadia Group and Holland & Barrett. But it's not the only 'big four' supermarket to trial in-store concessions either. In 2016, Sainsbury‘s, took its first leap into department store territory after acquiring Home Retail Group - which owns Argos and Habitat for £1.4billion. Shortly after, the food giant started a mammoth project that will see all three stores amalgamated into one.
Has arrived that should help winter clothing sales no end.:)
Let him short... the company and myself are loving these cheap shares while they last. In the meantime he'll have to pay 8% a year in dividends to short a company with an PE of around 11.
Solid divi share buy backs the only way is up.