for Melrose?.
If so there may be some very nice updide.
RE-rest of recent lows first?, possibly.
Any thoughts folks...?
heading back towards recent share price lows?.
Look at the RR. market cap - that is your answer,
among other factors.
I looked at a Jaegar indigo cashmere polo shirt last night
and although there is a size guide provided by MKS,
it would be helpful if they added details on the fit,
for example, regular, comfortable fit etc.
If you look on the Mr Porter site they provide that info
on many of their clothing products - helps to cut down
on item returns would expect.
has been mentioned elsewhere.
Even at these levels.
Was the noble lord not a big Brexit supporter.
A lot of cheaper labour has disappeared.
I asked this as a question a few weeks back
but a ? is no longer needed.
Pronounced slowdown on the way, whether a recession
is not yet clear -degree and duration remains the unknown.
should be seen over the next 3-4 years,
however we face growing short term macro headwinds.
In anticipating over 20 Euros I'm assuming no further Max
related issues, that Russia will not invade a NATO member
country! and no regular covid related issues on airline travel
from 2024 onwards.
The investment case is more complex than in past cycles given
the above.
Under IFRS 16 lease liabilities were brought on balance sheet.
You could argue it's a technical accounting point but as they
are now classed as a debt I thought it worth amending my post.
Yes KGF still have approx £800 million of cash, but also longer term
lease liabilities.
* cash of approx £800 million Excludes lease liabilities.
So I should not have referred to it as ..net cash.
An Edit function would be most appreciated on LSE !.
Doug, it looks like the market is pricing in a marked slowdown.
As you have seen with BOO, Down over 70% in 12 months,
when market perceptions alter it can result in dramatic
price movements.
Given approx £800 in net cash and an already modest multiple,
I would hope recent lows around 2.47/8 may provide some support.
However, we now have inflation levels not seen for decades,
this is a highly volatile business backdrop.
I do not have the resources or depth of understanding
that sell side analysts have!, mine is just a guesstimate
IF economies markedly slow over the year ahead,
Yup read the guidance, however guidance is subject to revision.
If they can do 22 pence on EPS - significantly below current consensus
gives a forward multiple of approx 12.5 x.
What we do not yet know is how big an economic slowdown
we are looking at. Recession no longer out of the question,
but would hope we can avoid that.
Results exceptional as was long since known,
balance sheet transformed over the last 3 years.
However, headwinds are growing for retail and many other
sectors, are we heading for a recession etc?.
Around £765-770 on pre tax now looks a tad optimistic to me.
An interesting few months ahead for markets.
Diesel now above £1.80 in the local area.
My fuel costs are up by about 60% over 12 months.
Neil, that's a chunky trade.
I shop mainly at MKS for food,
but with everyday expenses rising so rapidly
now spend about £150 a month at Lidl to supplement my MKS shop.
It's a tougher retail backdrop than 2021, you could argue this
is now in the price.
Morgan, recent data on their food side looks positive,
however that's on % share, not margin.
Certainly a more challenging backdrop, but then the recent SP
already tells that story. Whether it's now allowed for at these levels...
Not YNGA though.
Some posts removed - good to see the mods taking action.
All his posts appear to have been deleted....?