The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Totally agree with you, but nonetheless, I do think it will still make the markets jittery in the short term.
Main issue is the much slower pace of vaccine rollout elsewhere in Europe and the World.
Can see some of the recent positivity being lost with the vaccine quibbling over AZ.
Longer term Opportunities, but in the shorter term a fair amount of uncertainty. Quiz had a large number of concessions at Debenhams and also sold through Arcadia portals, so there will be an impact for Quiz.
Can see Quiz losing some of the recent gains while the fashion retail sector digests the news of Arcadia and Debenhams demise.
Good luck if staying for the ride or just watching from for a buy opportunity on the sidelines.
Bags of potential here. Store leases all sorted out and setup for the ever expanding online fashion boom.
They have a current campaign just kicked off with Vicky Pattison. Her 3 million+ Instagram followers are going to be looking at Quiz. Coincides nicely with the new season of Iām A Celeb. Being a former winner gets her plenty of extra media attention right now.
It's about time Quiz started to make it's way back towards its 161p IPO price.
Wondering if they might look to make a bold move and take the stock and online operations of Pea****s and Jaeger? This could massively boost sales and turnover.
Appears to be someone building a stake here. Has been a definite increase in trade vokume. 300+ trades yesterday and activity again today. Price edging up. Been lots of low value buys suggesting MMs filling a bigger order.
Plenty of value everywhere right now, but someone thinking Quiz is good value to buy into.
How much lower can this go? There may well be further historic lows to come.
In these unprecedented times, who will survive and who will not?
This Corona virus is going to probably drag on to Spring 2021.
A lot of vacations, events, proms and social events will be cancelled. Not to mention ghost town high streets and maybe even closed malls. This will no doubt hit revenues hard over the next 12 months, but Quiz should survive. Going in to this they have cash in the bank
Online was always the future and store closures may well be sooner now, rather than later, which could actually mean a leaner and meaner Quiz comes out the other side.
Remember Quiz demographic is focused on the under 30s.
Good luck all and stay healthy.
Would expect a Christmas trading statement towards the end of next week. Last year we got one on Fri 11th Jan 2019.
Medium term = after they've ditched that high street sized anchor around their necks.
Yes, the results make grim reading, but this was already known, expected and exactly why, we are now in the 20s and no longer in the 200s. This RNS should be judged more about what they are doing now and going forward. Being confident they understand what they did wrong and what they are doing to rectify. The cost cutting, underperforming store closures and more driven focus on online opportunities amongst other things seem to show they have a grip on things again. Be interesting to see how next trading statement goes, but early indicators look promising. I believe this has the potential to recover, so I will continue to hold for the ride.
Turned the corner. Seems they finally got the memo, that the future is online, online, online and more online. Plus managed to do this with plenty of cash still in the bank. Cutting expenses and ditching underperforming retail space is all good. Been monitoring website traffic and social media followers, and both are positively increasing month on month. Going forward they are offering wider ranges (petite, curves). Even rumours of offering some kids versions of some of their future campaigned items (e.g. Sam Faiers), watch this space on that. Happy to watch this stock come back into fashion after being beaten with a cold dose of reality.
What they confirmed 2 months ago.......... The Board previously noted that it is undertaking a thorough review of all aspects of the business with a view to mitigating the effects of slower than anticipated growth during the year. We will report the findings from this review when we announce our Final Results for FY 2019 on 11 June 2019.
Feeling Final results / June update due 11th June, I expect will show positive steps and continue the upward share recovery moving forward from last years set backs.
Website traffic thru quizclohing.co.uk is looking good using Similarweb. Social media users continue to rise on instagram sailing passed 500k. Sales of Sam Faiers collection have been great, some items are fully sold out, partially sold out and repeating this even after a restock. Visited store in Bluewater, Kent recently and was still busy at 18:00. Store windows looked great dressed up with the New Sam Faiers collection.
On the horizon, we have Love Island confirmed this week by ITV starting June 2019, Prom season buying getting under way and usual seasonal Summer / vacation buying.
Expecting great things from this share going forward and still heavily undervalued. Dyor..
Positive vibes..... SP recovery. Sam Faiers collection selling extremely well. With Some items already sold out. Sam Faiers has over 2.3m Instagram followers. Forecasted mini heat wave this week in the UK. Another boost to buying Summer clothes. Love Island starting in June 2019, which is always a big market to fast fashion retailers. QUIZ Instagram followers continuing to grow week on week. About to break 500k. June 2019 should also bring us the much anticipated QUIZ business operational review. Looking forward to more positives and big SP gains....... dyor
Hopefully sales at Quiz will get a nice boost from the Sam Faiers collection. Launch party was last night and range going live now. Various positive articles online and good social media coverage (Instagram, etc)
Interesting piece from Interactive Investor today on QUIZ versus Boohoo.com
https://www.ii.co.uk/analysis-commentary/stockwatch-retail-play-right-answers-ii508093
Without any news or updated gameplan, it would certainly be reassuring right about now to see a sizeable buy from a director at these levels. Otherwise, I fear the sp will continue to drift along down with the cash in bank. Time for the BODs to check down the back of the sofa or raid the vacation piggy bank.