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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Majestic Wine | LSE:MJW | London | Ordinary Share | GB00B021F836 | ORD 7.5P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 388.25 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 388.25 | GBX |
Majestic Wine (MJW) Share Charts1 Year Majestic Wine Chart |
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1 Month Majestic Wine Chart |
Intraday Majestic Wine Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 17/11/2016 | 15:37 | WHEN WILL MAJESTIC WINE GO LIQUIDE | 1,355 |
| 21/4/2012 | 12:51 | Majestic - tipped/ Great Results | 40 |
| 09/1/2011 | 17:15 | *** Majestic Wine *** | 8 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 17/11/2016 09:37 by waldron Majestic Wine shares flow higher as turnaround plan bites08:32 17 Nov 2016 The firm has been under pressure to kickstart growth and in September issued a profit warning Majestic Wine shares flow higher as turnaround plan bites The firm reinstated an interim dividend of 1.5p a share, underlining future confidence Shares in wine merchant Majestic plc (LON:MJW) flowed a little higher as it told investors its turnaround plan was working and it unveiled a 13% increase in sales in the first half. The firm has been under pressure to kickstart growth and in September issued a profit warning, forecasting pre-tax earnings before interest for the full year to April 2017 would be lower than market expectations. In the latest six months to September 26, revenue was £205mln (2015: £181.6mln). The loss for the period was £4.4mln, compared to a profit of £4.3mln in the same period last year. The loss recognised £4.5mln of adjusted items, largely relating to the group's acquisition of online retailer Naked Wines in 2015. The firm reinstated an interim dividend of 1.5p a share, underlining future confidence. Chief executive Rowan Gormley said: "Now that we have built a solid platform for future growth, future cost growth will be much lower. "We are reiterating our commitment to hitting our goal of delivering £500m sales by 2019, and we believe that will translate into healthy profit growth now that the step change in investment is complete." The period saw a 26.7% increase in sales at Naked and a 5.7% rise like-for-like in the retail division. Majestic commercial was up 1.2% Its Lay & Wheeler fine wine group was firmly back in growth, with a 27.8% increase in sales, due largely to the huge positive impact of a new management team. House broker Liberum rates shares a 'buy' and targets 380p. "The dynamic model being created is a far cry from the old Majestic," it says. The transition towards a 'return on investment' focus via opex driven growth was always going to create a short, albeit sharp decline in these first half results, it notes. "There are signs of positive momentum which, should they continue, drive outperformance." Shares added 1.08% to 305p. |
Posted at 07/1/2016 15:52 by market sniper3 MJW Majestic Wine.........BUZZ-Majestic Wine: Rare gainer on strong Christmas sales 07-01-2016 * Wine warehouse chain Majestic Wine up about 6 pct amid the broad equity sell-off after reporting 7.3 pct rise in comparable sales for Christmas period * Total sales growth was 42.6 pct compared to same period last year, boosted by acquisition of Naked Wines [nRSG0718La] * Stock hits over 7-wk high * Broker Investec says growth in commercial has improved, Naked Wines continues to trade robustly with break-even expectations unchanged; rates stock with "buy" * Liberum says if Naked Wines can deliver between 20-30% sales growth p.a., by FY2019 it will be worth more than what the combined group is valued at today; recommends "strong buy" * Stock best performer on FTSE AIM Retail Index <.FTAXX5300S> |
Posted at 07/1/2016 15:04 by market sniper3 Majestic Wine PLC (MJW) Rating Reiterated by InvestecJanuary 7th, 2016 Filed Under • by ABMN Staff Majestic Wine PLC logoMajestic Wine PLC (LON:MJW)‘s stock had its “buy” rating reaffirmed by Investec in a research report issued on Thursday, Market Beat.com reports. They currently have a GBX 400 ($5.88) price target on the stock. Investec’s price objective suggests a potential upside of 31.44% from the stock’s previous close. Shares of Majestic Wine PLC (LON:MJW) opened at 345.8750 on Thursday. The firm’s market cap is GBX 227.28 million. The company has a 50-day moving average of GBX 317.35 and a 200 day moving average of GBX 374.13. Majestic Wine PLC has a 52-week low of GBX 273.25 and a 52-week high of GBX 480.00. Other analysts also recently issued research reports about the company. Liberum Capital reiterated a “buy” rating and issued a GBX 500 ($7.35) price objective on shares of Majestic Wine PLC in a research report on Monday, November 2nd. Canaccord Genuity reiterated a “hold” rating and issued a GBX 310 ($4.56) price objective on shares of Majestic Wine PLC in a research report on Tuesday, December 15th. Majestic Wine PLC is a United Kingdom-based holding company, which is engaged in retailing of wines, beers and spirits. The Company’s segments include Majestic Wine Warehouses, Lay & Wheeler and Majestic Wine Calais. Majestic Wine Warehouses is a wine specialist in the United Kingdom selling wine by the mixed case. Lay & Wheeler is a fine wine merchant engaged in en primeur sales, cellarage and broking of customer reserves. Majestic Wine Calais is a retailer-based in Calais selling to the United Kingdom consumers on lower rate of alcohol duty in France. It offers around 82 types of wines to commercial customers. The Company operates around 212 stores in the United Kingdom. The Company’s subsidiaries include Majestic Wine Warehouses Limited, Les Celliers de Calais S.A.S., Majestic Wine Employee Share Ownership Trust Limited, Vinotheque Holdings Limited, WBI Holdco Limited and Lay & Wheeler Limited. |
Posted at 07/1/2016 11:49 by market sniper3 Majestic Wine PLC (MJW) Earns “Buy” Rating from Liberum CapitalJanuary 7th, 2016 by ABMN Staff Majestic Wine PLC logoMajestic Wine PLC (LON:MJW)‘s stock had its “buy” rating reiterated by equities researchers at Liberum Capital in a note issued to investors on Thursday, AnalystRatings.Net reports. They currently have a GBX 400 ($5.88) price objective on the stock. Liberum Capital’s price target points to a potential upside of 31.44% from the company’s previous close. Majestic Wine PLC (LON:MJW) opened at 304.31 on Thursday. The stock has a 50 day moving average price of GBX 317.35 and a 200 day moving average price of GBX 374.13. The stock’s market cap is GBX 199.97 million. Majestic Wine PLC has a 52 week low of GBX 273.25 and a 52 week high of GBX 480.00. Several other equities analysts also recently weighed in on the company. Panmure Gordon reiterated a “sell” rating and set a GBX 320 ($4.70) target price on shares of Majestic Wine PLC in a research report on Monday, September 14th. Investec restated a “buy” rating and set a GBX 400 ($5.88) price target on shares of Majestic Wine PLC in a research note on Tuesday, December 15th. Finally, Canaccord Genuity restated a “hold” rating and set a GBX 310 ($4.56) price target on shares of Majestic Wine PLC in a research note on Tuesday, December 15th. Majestic Wine PLC is a United Kingdom-based holding company, which is engaged in retailing of wines, beers and spirits. The Company’s segments include Majestic Wine Warehouses, Lay & Wheeler and Majestic Wine Calais. Majestic Wine Warehouses is a wine specialist in the United Kingdom selling wine by the mixed case. Lay & Wheeler is a fine wine merchant engaged in en primeur sales, cellarage and broking of customer reserves. Majestic Wine Calais is a retailer-based in Calais selling to the United Kingdom consumers on lower rate of alcohol duty in France. It offers around 82 types of wines to commercial customers. The Company operates around 212 stores in the United Kingdom. The Company’s subsidiaries include Majestic Wine Warehouses Limited, Les Celliers de Calais S.A.S., Majestic Wine Employee Share Ownership Trust Limited, Vinotheque Holdings Limited, WBI Holdco Limited and Lay & Wheeler Limited. |
Posted at 07/1/2016 11:03 by market sniper3 Majestic Wine PLC 21.2% Potential Upside Indicated by InvestecPosted by: Ruth Bannister 7th January 2016 Majestic Wine PLC using EPIC/TICKER code LON:MJW has had its stock rating noted as ‘Reiterates Majestic Wine PLC LON:MJW has a 50 day moving average of 327.19 GBX and the 200 Day Moving Average price is recorded at 387.59 GBX. The 1 year high for the share price is 480 GBX while the year low stock price is currently 273.25 GBX. There are currently 76,058,480 shares in issue with the average daily volume traded being 333,414. Market capitalisation for LON:MJW is £263,268,834 GBP. Majestic Wine PLC is a United Kingdom-based holding company, which is engaged in retailing of wines, beers and spirits. The Company’s segments include Majestic Wine Warehouses, Lay & Wheeler and Majestic Wine Calais. Majestic Wine Warehouses is a wine specialist in the United Kingdom selling wine by the mixed case. |
Posted at 06/1/2016 22:35 by lgw500 Well, the share price has woken up! Post Christmas cheer or is someone interested? Who knows what may happen after yesterday's odd announcement from Sainsbury's! Aldi or Lidl? Stranger things have happened. |
Posted at 08/12/2015 09:42 by filster I can't see them combining with A N Other especially a supermarkets. The two brands you've mentioned aren't viewed as premium brands whereas MJW is at least an upper to mid brand. I don't think either of the two would sit well together. MJW have a clear plan and have reduced their minimum purchase of 6 bottles, only time will tell if that helps them as they hope. I certainly know that in the past I've sometimes only wanted one or two bottles and felt it easier/cheaper to just buy from Sainsburys or Tesco.The slight issue I have with MJW is that they price something like Bollinger with a 33% discount vs. a Supermarket at 25% discount but no prizes for guessing which one is actually cheaper! I think that they are attempting to get back to their roots and on a bit of a journey of rediscovery - they need to gain customer trust and get people through the door. They've got some cracking wines in there but you don't always know about them and 'everyone' sells the brands... I like the layout of the stores and the staff are always helpful and knowledgeable whereas quite a few other chains (admittedly in different sectors) don't have that - there's definitely a difference between MJW and most, if not all, supermarkets. I think the other difficulty is in providing wines that (some) people recognise or are willing to try whilst not having the supermarkets tread on their toes and nab those wines. Although Supermarkets seem to churn their lines of stock a lot more than MJW. |
Posted at 16/11/2015 10:48 by cockneyrebel MJW: LiberumThe performance of the business is strong with all four units delivering sales growth. The core Majestic business has done better than expected. However the key focus today will be on the strategy update where the new management have highlighted their view of the future. The have laid out some challenging targets from sales, cashflow and ROI targets which we feel highlight the ambition. The costs to deliver this new strategy represent a shift from capex to opex thereby the distortion to the P&L should be over-looked in favour of what remains a very strong and highly cash generative business. We retain BUY but move our TP to 400p following what has been a very poor share price performance leading into these results. |
Posted at 18/9/2015 08:32 by originalbm MAJESTIC WINE PLC(the 'Company') Director/PDMR Shareholding The Company has been notified that on 17 September 2015, Phil Wrigley, Chairman, acquired 10,000 Ordinary Shares of 7.5p each in the Company ("Ordinary Shares") at a price of 381.5p per Ordinary Share. Following this purchase, Mr Wrigley has an interest in 20,000 Ordinary Shares, representing approximately 0.0003 percent of the Company's issued share capital. The Company has also been notified that on 17 September 2015, Ian Harding, Non-Executive Director, acquired 2,000 Ordinary Shares of 7.5p each in the Company at a price of 379.50p per Ordinary Share. Following this purchase, Mr Harding has an interest in 10,000 shares, representing approximately 0.0001 percent of the Company's issued share capital. |
Posted at 11/4/2015 11:05 by bobsidian Given that the discount mechanism deployed by equity markets seems to be looking at least 2 years into the future to warrant valuations ascribed elsewhere it will be interesting to see what market forces make of such a commercial move by MJW. You do not need to look too far to see the current insanity of equity markets. WTB is trading on a P/E of 30 times current earnings and a PEG factor in excess of 4 whilst offering a dividend yield of about 1.25%. And it as an entity is hardly debt free.From a technical perspective it was noteworthy that the share price of MJW took a dive down through the 61.8% Fibonacci retracement level - a 61.8% retracement of the entire move up from its 2008 low to its 2013 peak - before staging its share price reversal. |
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