Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Wyndrum it must be a hard life going trough life as such a negative nancy ;-)
When this thing gets over 200 I’ll be back. I’m happy with my holding but spending too much time on this board and watching the SP. See you soon guys :-)
Trades for 5 shares? MM at play here??
Uhhh sorry guys just reading down. KL still for sale. Jumping the gun as always!
SHOTS FIRED.
Seems like the sale of KL is off the cards too. A cash generator in a business which historically works to such tight margins could be rather beneficial!
£60 loss on Intu? Seems like you’re playing with chump change anyway dude. Perhaps you should buy ten shares and see how it goes?
Think it’s the infra announcement tomorrow... could be the catalyst we needed to push and hold over 100.
They are HOPING for 30% capacity by Q4... that’s pretty painful...
If you’re still in this then you must have faith in Dunkerton’s turnaround plans which he has already admitted will take 2-3 years to bare fruit. Remember, This guy has lost 75% of his net worth because of this depreciation in SP. For us, it’s a punt. For Dunkerton, it’s his life’s work.
Air bridges officially announced on 29th. Prioritising holiday destinations. No reason why this should climb back up to 950 over the next two weeks IMO.
Good morning all. Just a little update from my insider contacts working at Bluewater. Most stores have hit their weekend targets every day of this week. This is before restaurants, cinemas etc reopen and really begin to drive people to shopping centres.
I think most people are working on the assumption that people are worse off. However, a lot of people have saved a lot of money while being furloughed and it’s clearly burning a hole in their pockets!
Reading between the lines on this, it sounds like a better offer could be on the cards in terms of a partnership. They are correct in their realisation that China buy their clothes online. I spent the month of November in Guangzhou and the only clothing stores which had a flow of customers were the super high end- Prada, Gucci, Apple etc. Chinese either shop for the experience and spend big bucks or they shop online. You would not believe how these guys drop cash on clothes, I’m talking £1000 on a pair of trainers. However, for a mid-range brand like Superdry, the best route for distribution could be a partnership with the likes of Taobao.
A great example of this is the brand “Champion”. It used to be popular here but now is more likely to be sold in Sports Direct than John Lewis. However, it is bloody massive in China, I mean the way that brand “Supreme” has people queuing for thoughtlessly branded products here. That was all generated by a strategic partnership with an online retailer. If Superdry could emulate this success, IMO the branding is much stronger and would be a hit.
This is great news IMO. At a £6m cost, it is most definitely “worth a punt”
This statement from Boohoo is exactly why I believe Superdry would’ve smashed sales in the last quarter-
“ Boohoo said on Wednesday that the sales of loungewear and "athleisure" had done well during lockdown as customers adapted to a "stay-at-home lifestyle".”
Superdry is KING of athleisure, particularly tracksuits and hoodies. I am in my late twenties and my budget nowadays affords me to splurge on more “premium” brands and designers. However, I will still ALWAYS go back to Superdry when I need to renew my loungewear...
The only slight issue may be this glorious weather we have been having. However, a lot of my “professional” friends purchased Superdry tracksuits when they learned they would working from home for the foreseeable...
I believe it will be the same here. I have several friends who are store managers at Bluewater (one of the largest shopping centres in the country) and they have said the are already hitting their pre-COVID daily targets.
As you all probably know, Kier was top the April league table in terms of the value of contracts awarded. However, we actually have the lowest market cap of any of the other PLCs that made it into that table. I know it’s quite a crude way of looking at things, but I just don’t see how a company can be valued at £150m when it’s winning £260m of jobs in a single month.
Judging by the amount of PR around new jobs in the last few weeks, I reckon we are going to be top of that league table in the coming months too. I know it may seem like wishful thinking, but I believe this should be valued at around 500 PPS if they can shake some of that debt off this year...
A LOCAL lockdown. I’m sorry but what do you think is going on? Localised lockdowns are going to be the solution of COVID until (if) a vaccine is developed. Efficient and localised lockdowns are a positive, not a negative..
It depends. I can’t see Kier keeping hold of KL without running if as an ongoing interest. In my mind, the decision would be to either run it into the ground and complete the properties they can or continuing acquiring new development sites and sell it on in 12-24 months once the market has stabilised.
Selling it unless it can take a big chunk out of their debt wouldn’t really make much sense..
I honestly thought this panic in the market would cause this to fall back down to the low 80s. The fact this is recovering and seems to be holding well in the 90s is a fantastic sign IMO.
My friend, the financial calendar stated that the financial year end (FYE) is at the end of the month, nothing more.
I wouldn’t be surprised if Kier do some sort of COVID update before September though...