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Yo, J, good to have your current thoughts on record.
Although they are not that much different from last year. And the year before probably. Ever since JD rode to the rescue or not. And why not rinse and repeat your thoughts, as they are spot on?
As for JD's revamp plans, it is less easy to say. Of course, I suffer from the typical "optimism fault" - so desperate for a share rise that every positive saying seems rock solid and substantial objections like yours are too easy to battle away.
I like that you appreciate the share can sometimes jump for no reason - oh that today would be the day - but like you I can see any basis for that. Yes, maybe Christmas was good but it is past and 12,000 sacked Google employees or whatever are not ing to be buying SD
On the other hand, the stores are doing better - and surely the wholesale side can only go one way now? UP!!!!
Thanks, RE. I like your optimism, of course.
Let's hope there is at least a bit of recovery next week rather than more sinking.
Alas, I am one of those who might need at least some of his money sooner rather than later.
So, of course I wish I had taken Jimini's advice and bailed when I considered it at £1.66 but with NEXT and M& S and JD posting great Christmas results and rising, I foolishly hoped SDRY might still go up, or at least hold on.
Ah, hindsight.
Focussing on the essentials, JD said SDRY had a poor Spring Summer, maybe due to wholesaling delivery problems, but the brand proved it continued popularity over Christmas - problem is that the next 3 months consumers may have no money for shopping so - PROFIT WARNING - SDRY may make ZERO instead of £10 million plus.
So what does that mean for the Share Price next? Is it going to fall further? Or might it edge up a bit?
I think there are quite a few additional positives if you read the whole RNS.
And there is a conference call at 9 am.
What will Mr Market do before or after that is anyone's guess.
Of course, I fear a collapse but who knows?
Chat members over the last couple of weeks have had correspondence from SDRY saying it would be this week and then today.
Might still come today I guess. Or maybe they have delayed for some reason.
As I said, today is not a great day for results at the markets are getting hammered for some reason.
Surely many of us are wondering where are the interims?
It seemed quite certain that they would be out today and I certainly thought that meant early.
But I've seen them before released about 10.30 - and also I think about 2.30, when US opens.
Whatever, it's a poor day for results good or bad as the market is clearly down. Fingers crossed.
DealAgreed - There is a risk of good results being price in already and also profit taking given the rise in the last few weeks.
That said, we are only back to where it was 6 months ago or a little better - and currently have finance in place and hopefully new evidence soon of product selling - particularly at a higher profit margin. That will be telling.
Certainly we are a long way short of the pre-Putin price, which other shares have climbed back to.
So it seems these Results should be out this week, likely tomorrow or Thursday.
And their impact?
If they are great, surely it will continue to go up - although M&S dropped despite good results.
And if they are less than great, it should fall back but, hey, if that was a certainty, it would be a marketplace.
Many thanks for the prompt and incisive answer, RE.
Seems like sometime next week then, probably either Tuesday or Thursday.
And so to the big question - what will the Update say? And what impact will it have,
if it has not been priced in already.
As we know, NEXT shot up on a good update. Fingers crossed.
Someone on this board raised the possibility of a Trading Update towards the end of January
but I think that the update in December means we might not see anything for several months now.
Does anyone know for sure one way or the other please? I don't see any mention of an Update on SDRY's sites.
We have been at this level - or just below this level - at least twice in the last few weeks and each time dropped just as fast as it went up.
But this time it is holding on for longer. Several days already. Can it stay at this peak or even keep going up.
I bought some at the last peak £1.36 believing it still had legs so I have to believe that now.
It was the gossip about refinance which killed it last time - now we have to hope for positive news in the trading update due soon.
Morning Jimini, good to hear from you. Oh, yes, those were the days.
I think I got out of SDRY before anything too bad happened but only to lose a packet on another silly filly called Cineworld.
Now took a small punt on SDRY because JD has proved committed and done good things.
But did he forget that he had debt to service. Bejesus, I hope not.
He's just opened some wonderful stores that are doing well and could still do better online.
Guess we will know in a day or two.
Written by a bot I suspect. The grammar is wrong and the link is not Cineworld.
You may have noticed that the UK economy had a surprising and welcome bump up in May / June - and the reason? Everyone and their uncle were travelling - so it would be a little surprising if a few holiday companies, like TUI, did not have a very strong time, just as they have been saying and forecasting..
So surely that should have some impact on the stock.
Obviously no one is giving up their abroad time, even if finances are getting a little tight. Indeed, as they tighten, companies like TUI must become more attractive holiday options.
Date Broker Recommendation Old Target New Target Rating Type
31-Jan-22 RBC Capital Markets Outperform - 415.00 Reiteration
26-Jan-22 Berenberg Bank Hold 280.00 265.00 Reiteration
23-Dec-21 Peel Hunt Limited Add - 375.00 Reiteration
02-Dec-21 RBC Capital Markets Outperform 390.00 425.00 Upgrade