The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Looking forward to a blowout trading update for the first 6 months .I have noticed their clothes are on sale on multiple websites, next , ASOS to name two plus their own site and stores.
With a valuation of £20 million it should help boost the share price!
Sosander is valued at £45 million with a turnover of £12 million!!
What does that make French Connection worth ?
Now we know why Mike sold his shares in FC , he needed the money to buy HB !!!!!!!
What amazes me is at 2.5 billion for Hugo Boss , £50 million for French Connection seems small change .
Not sure we should be looking to sell , their new ranges are selling extremely well with rave reviews.
Could be in for a long wait , one interesting point is that the share price appears to hold firmly around 20/21p even with continuing small sells .
Marks will no doubt wait to see how fast and how well things start to recover as it will impact the potential take out price . Very positive to see no one’s dropped out of the race yet .
While Superdry and Ted Baker gain new highs FC continues to crawl lower one can get quite frustrated with the share price!!!!!
Not bad results announcement considering the last year , sales starting to get back on track.
Key point for me is they are still in discussions with multiple parties, business recovering slowly so definitely no fire sale , in other words if they want it they are going to have to pay a decent price.Share price could be under pressure today but I’m happy to see what happens.
Need some luck as I sold out of Carclo yesterday as the price dipped in the morning and missed out on a 12% rise by the end of the day , 20% turnaround!!!!!!!
This is pulling back , I am out as I’m taking a big punt on French Connection.
GLA it’s been a great ride over the last 9 months .
Solid results but to be honest expected more , not setting the world on fire .
Presumed that we would have smashed last years sales .
Sitting on a large profit might have to take some this morning, see how the share price reacts.
Should be an interesting day today , if there is a takeover on the cards we should see some action !
If not then we will just have to hope trading is positive , this company is valued at £19 million which shouldn’t take much to justify a jump in the share price.
Two more shopping days left!!!
Fingers crossed for a news leak over the weekend .
4 more shopping days now !
I have decided to take some profit in Carclo and put it to work in FC.
All the major shareholders have held steady, no one has been dumping stock which makes you think that a positive outcome is on the horizon.
Not long now 5 more shopping days till Christmas!!!!
With or without a takeover we should see a reasonable 20% rise in the share price with a positive sales update !
Can’t wait for the results update, clothing sales are surging , French Connection shops have been very busy . Share prices of DFS and Ted Baker are well up today which bodes well for a bounce !
I can assure you that I am not dreaming Toxicfrog , I was buying Carclo at 12p when everyone as selling and look at it now !!
Personally I thing NGK clothing will buy them out but that is just my opinion , they are a very slick operation and under their guidance could make a lot of money out of FC.
While we might not get a sales update this week I am hoping for takeover news . One huge vote of confidence in the fact that an offer has been agreed is there has been no institutional selling just small investors such as ourselves. Everyone is sitting still which to me is a very positive sign .
Shops are opening tomorrow and I think we are in for a very positive week .
50 / 85p offer hopefully by Friday , problem is when it comes none of us will see it , the price will just rocket out of the blue !
Of course it could be a deal has already been agreed and the results are basically meaningless.
ASOS have got a few quid !!!!!
Accounts will have been finalised, must be to give them more time for negotiations which is a very positive sign , if a deal was not possible they would walked away . Don’t forget they previously spent over a year reviewing strategic options .
Another move north today would be very positive, hopefully we can slowly get back to 28p before next Tuesday.
Only four more days left before we get an update. Trading last year will of course be totally irrelevant but what I am hoping for along with news progressing well on the sale is maybe news of licensing deals . Whatever happens with a sale I am convinced that is where the money is .
4 days and counting !