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Is there a bid coming? Why this sleeping mini jumping up?
Wine consumption has been down in UK as well as in Europe. French wine lake is getting better and their government is buying wine to discard it to protect the wine growers. The French are switching to cask beers and other liqueur as they are fed up by paying more and more for poor quality mass produced wines.
In my recent visit to France, as I normally buy wines at Carrefour and this time they full very cheap wines under 4 euro and some over 10. Very few mid priced wines which I normally buy.
The main reason is the chairman has decided to leave at the end of his term next year to clear way for activists to take over or force sale. May be they had advanced notification about his departure and buying more shares.
It will be interesting few weeks to watch from the side line
WimbledonTom, I can see lot of you are not happy with Dames performance. What you all are failing to see is almost all UK shares are grossly underperformed in the last few years. Fox all UK banks, VOD, BT, BOOHOO, ASC, WOSG, GSK, all hose builders the list is endless and just picking at the dame is bit unfair.
I wished I didn't invest in any UK shares and would have been lot better-off; as grass is greener elsewhere. Now it is too late to bailout. UK also has shot itself on the foot and it may tame a very long time to get over it or may be permanently damaged
Hi Glowacki, I don't think the margins are that big. More footfall means more sales. If they restrict the sale to one line of shops, they total sale goes down and profit will fall. Another brand becomes more popular due to increased shelf space and new extra marketing by other stores. It is not good for the company.
Just imagine all big brands opened their own shops, then no supermarkets and you consumer spend everyday visiting different stores a d run out of time and money.
Asking for more money from tax payers for huge salaries and bonuses has to stop. All these companies are sitting on huge land bank and refused to build more houses to reduce the mega inflated sheds people are asked to pay. No more subsidy and can't manage go to wall. We all are fed up with these tactics to mild more money from all and sundries.
Tom, Stop spreading your hate message about the CEO. She is doing a good job under difficult economic condition. She is also taking on Netflix Disney and increasing the streaming numbers in ITVX.
When the economy recovers ITV shares will fly until then sit tight
Most western nations, Japan and China's golden era has finished or there about. These counties population is getter older and fewer young ones to take the Barton. All of are in terminal decline. May be it the turn for rest of the east, middleeast and African to get to the top. So no point in gloating
One of the main problem with UK market, there is no skin for the mega pension and investment companies in this market. They only own about 2% of the total pie. This has let in all shorter and gambling houses to play the market up one day down next. Non of the UK shares are going improve regardless of any positive sentiments. Every time a good results initial buy give opportunity for the shorter and they end up 5 to 15% lower. So no progress.
There is hardly any UK shares go up immediately after results. This is a scam activity promoted by mm with large shorter. Some shares recover slowly after few days/weeks/month or never. SP has nothing to do with company performance. Util Someone at the top of the exchange take action, UK shares never going to recover Always trade under p/e of 10 , in some cases 5. I must move away from this cess pit.