Member Info for Shabz83

Just wondering what everyone expects for tomorrow?

I'm not expecting anything exciting, just hoping new CEO doesn't come in trying to kitchen sink it on his first outing. Also for signs of recovery and a move towards profitability.

We should be getting a trading update soon, usually get one in Nov and full year around Feb time. I'm personally waiting seeing if they increase the div or maybe do more buy backs.. you're right though it's getting close to party being over, energy is getting cheaper and if it continues to fall competitiveness will start to appear. Looking at uSwitch today and it appears there's now suppliers offering deals which you couldn't find a few months ago but they don't look all that attractive compared to what I'm on already.

They say they've cleared 84% of £1.1bn aged inventory obviously that will be a loss in revenue they can't replace under the new model. What that looks like in terms of rev no idea but you can't or I wouldn't expect them to replace loss generating rev just to avoid a decline. Also maybe they've factored in the sale of top shop who knows. Anyway maybe I'm too optimistic and the share will probably get battered but that's my take on the rev loss.

Pretty much everything's dropped today I guess inflation not dropping has spooked people. See where we are in a week's time.

Tuk tuk protein sounds like a grand plan 😂

I read the results thought actually seen decent compared to what we've been fed before. Looked at the comments and thought humm maybe I've missed something but glad the sp is moving in the right direction now.

I'm here for the div not bothered about the take over, if it drops means I can grab more later on when I have the funds. This is a solid business and the speculation in it shows.

Is starting to look enticing with all the distressed company shares they are investing into. Might be food for thought for those not wanting to dip a toe into the risk here but benefit from the upside in a few years time. Might not see big multiples on your investment but it's starting to look appealing given the general strength of Frasers so seems fairly low risk.

I'll be holding I see enough positive in the results to keep holding on

I topped up today. Really expecting a good update when we get one. Share price is criminally low.

They've finished the one near us and it does have mpn stuff in there. Shame I can't post a picture

Was in the range the other day and seems they are installing an Iceland. Just found this about it seems 85 stores are getting an Iceland... Let's hope MP gets a showing in them too!

https://www.therange.co.uk/iceland

Wish I had a 100k of these babies, I'm currently spread across here/ boo and asos. Hedging my bets

Think LSE not updating my other apps are showing £1.0109

Read an article today saying they expect interest rates to stick for 2 years and that we won't go into a recession because wage growth has been higher than expected around 7.7% I believe. As long as people need to wear clothes and have some disposable income well be ok. Yes share price is in the dump but give it a couple trading updates and see where we are. More positives than negatives working for us ATM.

What was the jist of your post?

I'm waiting for it to hold its gains but the trend does seem to be peak and then crash and then finish around where you started.

We know it'll end up at a low. Seems to be the trend recently.

I don't know why they bother posting anything, everything I've ever read from them is tosh.

I did by the wife some nars foundation stuff off lookfantastic because they were cheaper than everyone else. £8 cheaper than boots. I mean it's the only thing I've purchased but it's a start