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Pin to quick picksNaked Wine Share News (WINE)

Share Price Information for Naked Wine (WINE)

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Share Price: 61.50
Bid: 60.50
Ask: 61.50
Change: -0.20 (-0.33%)
Spread: 1.00 (1.653%)
Open: 60.80
High: 61.50
Low: 60.00
Prev. Close: 61.20
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Sunday share tips: Majestic Wine, TalkTalk, Vodafone, Van Elle

Sun, 13th Nov 2016 13:25

(ShareCast News) - Buy Majestic Wine shares, recommended the Sunday Times' Inside the City column, after their halving over the last two years. New chief executive Rowan Gormley took over with a turnaround objective after a series of profit warnings, the latest in September. He has set a target of driving sales around £100m higher to above £500m in three years' time, with a return to dividends in 2017.Announcing half-year numbers in the coming week will give the South African the change to give some encouraging news on the early stages of his strategy, which has included a shift in investment from openings to incentivising and training staff. The long-held six-bottle minimum has been shelved too. While the lack of a profit target creates some doubt, this is a turnaround that could bear fruit.Hold onto shares in Vodafone and TalkTalk said Questor in the Sunday Telegraph after both have lost ground in recent months. TalkTalk has lost more than a quarter of their value since hitting a year's high in April and almost 50% since last year's all-time peak. It is positioned to customers as a value player in the telecoms market but as the recent simplification of its offer leads to revenues being boosted, it is facing likely cost pressures from the need to invest in high-speed broadband infrastructure. Although in the long term this should be good news, the dividend could be hit by a fifth in the next financial year.Vodafone has begun to offer customer discounts is it uses its wide fixed-line coverage to try and grow market share outside its historic mobile core business. Tuesday's interim numbers are expected to show sales growth down below 2%, with competitive pressure in India a factor.Shares in newly listed Van Elle were tipped as worth buying by Midas in the Mail on Sunday. The ground engineering services provider, which floated last month, has a strong record of profitable growth in the three decades as a private company, culminating in £10.7m pre-tax made from £84m sales this year. Building on its roots as a residential foundations specialist, Van Elle has developed a number of innovative products to help it complete jobs more efficiently.Founder and now chairman Mike Ellis holds a 20% stake and chief executive Jon Fenton retained 7% after the float, which the company maintained despite several others being pulled amid the political and economic uncertainty of recent months. With the UK government's commitment to housebuilding and infrastructure, Van Elle's customer base that includes Network Rail, housebuilders Bovis and Bellway and construction groups like Balfour Beatty and Morgan Sindall, should see plenty of work. A dividend is on the cards too.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only and not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.
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21 May 2024 14:05

Naked Wines looks on bright side despite revenue slump

(Alliance News) - Naked Wines PLC shares rose on Tuesday, as it said it expects annual revenue to be in line with guidance and leave it with a "strengthening platform" despite a "challenging year".

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21 May 2024 11:23

Naked Wines FY earnings seen at higher end of previous guidance

(Sharecast News) - Online wine retailer Naked Wines said on Tuesday that full-year earnings would likely be at the higher end of previous guidance as it continues to make efforts to become "leaner and stronger".

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2 Apr 2024 15:16

Naked Wines confirms start-of-year management changes

(Sharecast News) - Naked Wines confirmed the appointment of Rodrigo Maza as group chief executive officer on Tuesday, as it entered its 2025 financial year.

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2 Apr 2024 12:26

EXECUTIVE CHANGES: Filtronic appoints Nathaniel Edington as CEO

(Alliance News) - The following is a round-up of executive changes by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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20 Mar 2024 13:47

Naked Wines shares up on "constructive" financing talks

(Alliance News) - Naked Wines PLC shares rose on Wednesday, after it said it has had "constructive" talks to replace or renew its current credit facility.

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18 Mar 2024 08:07

Naked Wines drafts in Interpath Advisory amid tough trading - report

(Sharecast News) - Naked Wines slid on Monday following a report the online wine retailer has drafted in debt advisers to explore refinancing options amid tough trading conditions.

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5 Feb 2024 11:51

IN BRIEF: Naked Wines promotes former AB InBev, Modelo exec as new CEO

Naked Wines PLC - Norwich-based online wine seller - Promotes UK Managing Director Rodrigo Maza to chief executive officer, taking over from Rowan Gormley after a several-month transition. At that point, Gormley will revert to non-executive chair from executive chair. Maza joined Naked Wines in September, having held executive roles at brewers Anheuser-Busch InBev NV and Grupo Modelo SA de CV. Since joining, Maza has worked with Gormley on the company's turnaround strategy. "I look forward to working with the team across Naked and getting this amazing company to achieve its full potential,"Maza says. Naked Wines also promotes UK Chief Operating Officer Emma Kamel to general manager of the UK business.

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5 Feb 2024 08:19

Naked Wines appoints regional MD as new CEO

(Sharecast News) - Online wine retailer Naked Wines has appointed its UK managing director as its new chief executive after the abrupt departure of its former boss last November.

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18 Jan 2024 13:33

Naked Wines sales continue to fall; plans to axe jobs

(Alliance News) - Naked Wines PLC on Thursday said its sales continued to fall in its third quarter, and it plans to axe jobs as part of a cost saving measure.

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18 Jan 2024 12:35

Naked Wines to cut jobs as sales continue to fall

(Sharecast News) - Naked Wines announced job cuts on Thursday as it looks to reduce costs, as it reported a drop in sales over the peak third-quarter trading period, in line with its expectations.

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18 Jan 2024 09:16

LONDON BROKER RATINGS: Exane BNP cuts BAE; Liberum lifts Naked Wines

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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15 Dec 2023 12:40

Naked Wines half-year loss widens, revenue declines on sales drop

(Alliance News) - Naked Wines PLC on Friday said its interim loss widened on impairments, while a decrease in customer sales drove a plunge in revenue.

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15 Dec 2023 09:28

LONDON BROKER RATINGS: SocGen cuts Centrica; Barclays raises Trainline

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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15 Dec 2023 08:00

Naked Wines sees losses widen as revenues slide

(Sharecast News) - Naked Wines reiterated plans to turn the business around on Friday, despite falling deeper into the red and posting a slump in half-year revenues.

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15 Dec 2023 07:44

LONDON BRIEFING: Stocks called up slightly; US Fed's euphoria runs out

(Alliance News) - Stocks in London are called to open slightly higher on Friday, with the euphoria from the US Federal Reserve's slight policy pivot running out of speed.

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