The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Hi Moniman
You are not the only person that thinks Market has got it wrong here.... I also see a nice upside from current levels.... been here for a couple of weeks now after announcement from company of sale.... plus the fact cost-restructuring is coming along nicely
Once debt gone and load of cash to invest with good "back to growth" strategy... we might not have to wait long..... GLA
Looking positive now after having plunged so swiftly.... interesting thing to note is that stock is behaving more normal than it was a few days ago. I suspect seller has finished and therefore some pain relief for now. If, it carries on building a momentum we should be at a more decent level... i.e. 50p mark or above... gla
I managed to grab some at 22.50 due to MM's games.... the type of volume traded doesn't warrant such an overreaction ...... certainly not for faint hearted... it won't stay low for too long Once Brexit out of the way and some resolution on debenhams front, we should be at a more decent level.
Think someone mentioned below of next collaboration that is already in place.... I know we are partnering with next and zalando but these are practically nothing compared to level of interaction and association with debenhams and hof. Anyone can crunch the numbers but the problem is when sentiment is down across sector with macro issues its hard to call where the bottom is.... Being an accountant, i know this one is a good value play and as soon as these headwinds clear we will be back at a more sensible level. Markets can be ruthless and punish hard for small mistakes in times like these so like many other things in life.... when you think it is the end....things take a turn for better... Dyor research folks as there are no guarantees with anything
Beardozer 100p by xmas lol that might take some time at this rate..... think someone said earlier that cfo Gerrard needs to show his trust in the group by ploughing some cash in the game.... that might calm some nerves. One thing is for certain, this is a long term recovery play with multi bag opportunity.... how long will it take... i don't know but one thing is fore certain, ramzan's are hard working and have too much at stake!
Gareth, imo fair value is around 40/45p mark but that will be only possible once debenhams issue has been sorted. MA is desperately trying to get it cheap and by the looks of it he will get control of it sooner than we think! The question is how much will it impact us and how we are mitigating the risk.... if i was on quiz board I would consider all options including new partnerships (Concessions) with likes of next, john lewis or something similar.... the market is nervous as we know what happened after hof collapse so we should be proactive not reactive.. I am long here as i think quiz products are different and customer base is growing.... we just need some big names promoting it... The biggest problem is macro economics, Brexit, trade wars and fed..... we cannot forget all these factors... the way its going we might not have a high street unless there are some radical changes to our taxation policies. Its almost like ppl don't want to spend money.... and if they do they go after big discounters as quality doesn't seem to be a priority these days....
Increased revenue should translate into bottom line profits and as directors admitted it hasn't!!! This is where i disagree with you Gareth as there is no point driving a Ferrari if you are gonna burn gallons by the minute.... We need growth that is sustainable and profitable.... otherwise no point doing the business!!!!!
I disagree with you gareth on increased revenue comment and particularly £500m cap... lol... i think you meant to say 50m cap..... the way i see it this should be trading at a multiple of 9/10 p/e ratio.... The market is emotional and it has punished the stock but with some positive news and firm growth with low cost base it can be a winner in 3/5 years time.
@gareth.... i think you have misread or misinterpreted my point.... We can have a debate about what is working and what's not... and just so we are clear... i am heavily invested in quiz and have been for a good few months now. That put aside, let's see what is really going on with quiz. Online sales are increasing and have shown a strong growth over last months/year and this is where they should be focusing on not do the opposite by opening new stores and concessions as it has only grown by under 2%. We don't have any debt at the moment however if it carries on like this..... the future won't be any different from foot asylum, upgs, luceco, moss bros..... the list goes on... You can disagree with me all you like but i know the importance of cash presevance is particularly in these conditions. If i look at boohoo they have g.mgn of around 55% which is worse off than ours ..... the game changes when operational costs come in to play!!!! I hope Ramzan's realize this and change course before its too late!
Market has been really vicious and brutal and part of that is bcos management over promised and under delivered!!!!
Time to wake up and smell the coffee!! Stop investing in staff and physical stores that aren't gonna be selling anything to anyone! Look at the numbers and just invest in IT and online Marketing that would generate far greater margins and operational costs!
I hope someone from Quiz management is looking at this as you are sleep walking into disaster by continually investing in something that is not the need of today. Perhaps, you should also make a reference to Deb's current fiasco and assure the market that you are aware of the situation and how you are mitigating these risks!!!
Not a bad result after all, as i pointed out before rising costs are a concern! But, i am fully confident in quiz to steer the ship. A profit of £8m in these trading conditions for a company trading at a very attractive p/e ratio, i expect this to recover to a more sensible level. Gla
If ppl like glitters (a few others too) dont own quiz and their only intention is to bring SP down then why don't you short it!!! Only if you have the balls to do it and if you don't, which i knw is the case then stop scaremongering and plastering your delusional rubbish here.
Market isn't taking any chances with retailers.... whether online or physical presence.... one bad news and endless punishment... Ron - you might recall my imprisonment joke! We all know there's a slowdown in global economy but British stocks have been battered the most compared with US and European peers due to brexit! Being a LTH, whilst its disappointing to see value of portfolio go down every single day.... SP is creating mahoosive opportunities for bold investors. I would really like directors to open up and buy some but part of me thinks... they are holding back some news... maybe in Jan, we should have an update. Gla
Hi Guys, Hope all is well with you. Today has been an eventful day.... i witnessed something that i haven't seen for a long time.... only 3 out ftse 100 were in blue.... that goes to show the extent of the carnage... Read your blog Ron, looks good and well articulated although i don't agree with a buyout idea at this stage.... the business has a lot of potential and is only gonna grow... we just need to ignore market irrationality and Hoover up as much as we can.... remember the saying "be greedy when others are fearful and be fearful when others are greedy". Now back ro your point nitbhav, they are very very close to nav, which in itself points to market irrationality. Holding long and strong. Gla
I was in a conundrum like this only a couple of weeks ago in a pharma share.... MM's marked it down all the way from mid 60's to below 20 in under 5 weeks time..... Well guess what, held strong and topped up close to bottom.... its up more than 70% since lower lows.. I am expecting a correction in this very soon. Gla
We should see the bottom this week IMO
They can't keep pulling it down as there's no imminent or near term threat to going concern of the business.
The only thing that concerns me is the increased operating expenses. If anyone from quiz mgt is looking at this then you need to keep the expenses in tight control or soon it will become a bigger problem if we aren't getting enough sales through.