Member Info for jollyspeculator

If successful, expect lurch up towards 50p imo - RPT was always a wild ride

like watching an adult regress into....who knows what? Kidult posters (e.g. Jolly)?

More of a graceful cat... You're v welcome - hope it all works out; we are a v small & select bunch of infrequent (but v reverend) posters atb Jolly ps I am the PB of this board, so beware

Have you cut & run, RW?

Plenty of questions o/s - how strong is the management team now ceo left? - how well aligned are management and us? (Directors seem to have v few shares) - how are they going to right size cost base? (amin exp up while gross profit down doesn't inspire...) DYOR, Guys & Gells - not investment advice, of course

too few for the great man, surely

yes I'll be tempted sub 5p plus a little more confidence in recovery, but understand I may not get lucky!

Hi Riverboy Perhaps - it's higher than when I made the comment & has absorbed that monster sell Funny ol' game this atb Jolly

I am a fellow traveller, L, when it comes to fretting about US fiscal consolidation, Euro debacle, shy-high Japanese debt/GDP and limited inflation, Chinese hard landing, Iran nuclear standoff, Arab turbulence, poor governance in emerging markets, UK quadruple dip....... Cash (for deflation) & real estate (for inflation) plus a few shares to amuse..... Tin hats, everyone

Nice to know we are coming on to other PIs' radar, L This is a decent play on continued Asian strength imo (& I thought those jolly fellows over the pond were doing splendidly now that they had averted their cliff - which seemed a close shave with a much loved singer)

"What's not to like", indeed Jolly good phrase

Trading update 16 January 2013 French Connection Group PLC ("the Group") is providing a trading update on completion of the Christmas period. Following a good start to the Autumn/Winter season, sales in our UK/Europe retail business softened a little in the run up to Christmas. Despite this, and with the benefit of tightly controlled inventory, we decided to delay the start of our sale period by one week, as part of our process to build brand equity. As a result, UK/Europe retail like-for-like sales in the 24 weeks to 12 January 2013 showed a decline of 2.9%, of which 1.9% was in relation to moving the sale date. We were able to implement a similar delay in sale start date in North America where there has also been some disruption from extreme weather in the period. Overall, the trading in North America was broadly in-line with our expectations. In both UK/Europe and North America, January is an important shipping period for our wholesale businesses as we begin distribution of the new Spring/Summer product. Subject to trading for the rest of this month, we expect that the Group will report a loss before tax and exceptional items for the year ending 31 January 2013 in the region of £7.5 to £8.0 million. We expect that the Group will close the year with net cash in the region of £25 million.

Noodles is the man to explain accounting terms (not to be in anyway relied on, but my suggestion is that it is the aggregate of prior years' earnings, and, since in deficit, dividends may be difficult without a court process; on the upside - but based on separate tax accounts - there may be some shielding from some future tax on profits) On the weeding & teeth, ouch & ouch GL & atb Jolly

Thanks for that, Noodles - and well done (again) for CEY play

You should hang around - TRI's the real deal

Tks, January - were you the series of 20-30k chunks of sells over the past few days, then?

was asking whether you lived in Leamington Spa (among the dog's breakfast last night - if that's not too confused an allusion)

Pablo I like your thinking re rns; seems intuitively right that HK sets the pace... Let's hope the next rns is positive & I can wade in before the sp moves too high too quickly (after 2 buys here, I would need that sort of motivation!) atb Jolly

You are on my trail Try ACHL AGTA CAP DSN GDP PAF TRI GBO VLX VLK DYOR & have a nice day

great exit imo