Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"Oi Joe, mate, if we cant have our trade deal can we keep hold of Lynchy?", can just imagine the scenes......
Anybody know the reason behind the price bump ?
I do love a bit of intrigue and speculation, maybe Bojo's minions are chatting up Biden's minions, who knows!
ML extradition decision delayed, according to the Torygraph
Think this is what you were looking for
Superdry is set to open a new megastore near Selfridges on Oxford Street, described as a “vote of confidence” in London, by Julian Dunkerton, chief executive.
Dunkerton, 56, is working on an overhaul of the brand and said: “It is quite hard to do a reset in an old store.” The fashion retailer shut its Regent Street store.
Yesterday Superdry reported that its annual pre-tax loss in the 12 months to April 24 narrowed to £37 million, an improvement on the £166.9 million loss the previous year.
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Group revenue fell by 21.1 per cent to £556.1 million which the company said was “a reflection of the significant impact from Covid-19 related disruption resulting in 39 per cent of store days lost in the financial year”.
Shares in Superdry closed up 42½p, or 14.9 per cent, at 327½p on the results and have doubled in value over the past year.
Superdry was founded by Dunkerton, who owns 20 per cent of the business, and James Holder in 2003 and the company employs 4,300 staff in 61 countries. Dunkerton left the group in 2015 but returned to the board 2019.
He said that the group had “turned the corner” with the latest results.
He added: “Like most brands with a physical presence our performance over the past year has been impacted by the significant disruption of Covid-19, but I am really proud of how the business has stepped up and returned to revenue growth in the fourth quarter.
“Store and wholesale revenues are recovering well despite continued subdued footfall, and Ecommerce margin is benefiting from our return to a full price stance.”
@Yellowstone Capita really need to go on a bit of a charm offensive to attract new investors. Unfortunately PI's don't really know the story or the turnaround and are sceptical about investing due to false dawns previously. I guess that's your job ;)
As tempted as I was to sell at 9 I reminded myself that as I didn't need the cash and I havent got insight into a better investment opp at present I may as well let it grow and buy more at the dips south of 8. Went to the gym for an hour and it all seems to have cooled a little, but genuinely have no clue at what the next peak will be or when the lows will come, but enjoying the ride all the same. Appreciate all the comments and discussion from the regular faces.
With all this talk of co-operation under the AUSUK banner, wouldn't be a great start if we extradited ML would it? Not really fussed either way, just a thought, always interested to hear different views
Gotta be honest I wasn't sure for a while but I'm not intending on stepping away from the table yet, if ML news is negative then I see it as a buying opp
Howdy
Good presentation from Stuart
The organic profitability for the first time in 6 years is a very positive development, I'm just not sure they are doing enough work to convince more new investors on board when there are other more interesting growth opportunities elsewhere
Just a view
I'm guessing we have holders who don't understand what they're holding. Happens all over doesn't it?
Great RNS, should be firing on all cylinders, looking forward to their news as it happens
Doubt that'll happen, but never say never eh! FWIW I doubt the SP will be affected due to the business streams that Capita operate, but there will no doubt be the usual panic, probably creating buying opportunities
Need some news on performance for anything to happen here other than a steady decline methinks, but then again what do i know!
Thanks for the intell Sanchez, added, interesting times!
Jumped in at 550 and av down to 567, certainly an interesting journey the business is going to be on!
GLA
I've considered this, but think there is still some profit to be had, albeit that I doubt I'll be putting any more dough into it and the profit will be pretty slim
Just had a dabble, been on the outlook for a recruiter to invest in, lets see how it pans out
Re: Serco comparison, is it due to serco having covid benefit which won’t be repeating?