Share Name Share Symbol Market Type Share ISIN Share Description
Majestic Wine LSE:WINE London Ordinary Share GB00B021F836 ORD 7.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.50p +0.44% 340.25p 338.75p 340.25p 340.25p 339.50p 339.50p 10,010.00 08:47:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 402.1 4.7 3.5 97.2 240.82

Majestic Wine Share Discussion Threads

Showing 2976 to 2999 of 3000 messages
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DateSubjectAuthorDiscuss
08/2/2017
12:22
Looks to me like an opening auction with very little interest, allowing it to set a 'false' opening price on just a few orders, followed by nearly an hour without any trades so that the opening price remained the current price for that long. As soon as a trade did happen, the jump mostly reversed. The sort of thing that could cause an opening auction to set such an opening price would be something like just two orders in the auction - one an opportunistic selling order hoping to get a high price, the other a buying 'market order' (a special type of order used in auctions only saying that the investor will accept whatever price the auction settles on). I think (*) that would result in the opening auction producing an uncrossing trade (the type UT trade) at the opportunistic selling price, for the smaller of the two numbers of shares - in this case 41 shares. And an opening auction that actually results in an uncrossing trade will set the opening price at the price of that trade. In any event, looking at the trades list, only that 41-share uncrossing trade was affected by that (or whatever other technical effect produced the strange price jump). Total effect on all the investors involved in the auction was that the buyers overpaid the sellers by 41 times about 15p = about £6. So not a big deal! (*) But am not certain - it's several years since I last looked at precisely how auctions resolve, and only the general outline has stuck in my mind... Gengulphus
gengulphus
08/2/2017
08:30
Can anyone enlighten on this morning's sudden jump on no news and few trades?
iconista
01/2/2017
17:53
Well this is recovering quite nicely, difficult thing is timing when to sell (as always), I purchased in the low £2.90's a few months ago so am sitting on a decent gain, my original target was £3.75 - £4. What interests me here is Naked Wines and it's growth, if N W was a separate entity I reckon it would be valued at a fair chunk of WINE's total market cap given it's growth potential and business model.
eastbourne1982
19/1/2017
13:47
Christmas trading may have been good but the full implications of a the fall in the sterling have yet to be felt. Wouldn't be long of this stock.
wiseacre
10/1/2017
07:14
Sales in line with forecasts, that will do for now to start the share price recovery.
scapital
09/1/2017
13:06
No probs gswredland. Interactive Investor can be a bit hit-and-miss on their timetable sometimes.
blippy2
09/1/2017
13:04
Should be interesting. I did my bit for their sales in December!!
gbcol
09/1/2017
11:18
Thank you blips - thought it was today according to interactive investor
gswredland
09/1/2017
08:58
Tomorrow, according to their website. hxxp://majesticwineplc.co.uk/investor-centre/financial-calendar/
blippy2
09/1/2017
08:12
I thought they were releasing a statement today
gswredland
08/1/2017
10:58
As a result of weak high street sales, there are concerns about how Majestic Wines and Bonmarché have fared.
abarclay
04/1/2017
23:07
Keep some customers away maybe. But majestic shouldn't try and keep on a par with supermarkets; it's a battle they can't win. A loyal customer base with a higher average spend is the pay off.
buoycat
04/1/2017
09:00
---was a bit disappointed to walk in to my local Majestic over Christmas, and be hammered a pretty full £ 12 more per bottle - just because i did not want a full case. i thought they had got over this persistent point that customers have been complaining about for years and were trying to keep on par with at least some of the supermarkets. This point alone continues to keep people away....
emeraldzebra
29/12/2016
14:47
profit warnng coming This week the value of the pound fell to a six-year low against the Euro, falling to €1.10 for the first time since March 2010. A direct result of Brexit, the WSTA has estimated that should the value of the pound fail to rally, the average cost of a bottle of wine coming into the UK from the EU is likely to increase by 29 pence, and by 22 pence for bottles imported from outside of the EU. This is if retailers choose to pass on rising costs to the consumer, which is likely given increasing commercial pressures. Currently, 99% of the £1.8 million worth of bottles of wine drunk in the UK are imported, meaning that the vast majority of wines will be impacted. “It is not well understood that the UK is the global hub of the international wine trade”, explains Patrick McGrath, managing director of UK wine importers Hatch Mansfield. “The fall in the value of Sterling is having a serious and immediate impact on importers. While currency fluctuations are an accepted risk for importers, three months on there appears to be little prospect of a return to pre-Referendum values. “The importers are having to meet the increased costs, which is already having a significant impact on profitability
dlku
19/11/2016
20:07
mmm delicious WINE
opodio
19/11/2016
16:36
Rhiannon Bury 19 November 2016 • 4:09pm Questor says: Hold Majestic Wines, once a common sight on the British high street, has struggled in recent years against the rise of online rivals and rock-bottom supermarket prices. After a profit warning in September and years of decline, boss Rowan Gormley, who described last week’s half-year results as the “tipping point” for the company, needs to convince investors that his turnaround plan is working. The fact that Majestic has reinstated its dividend at 1.5p should be a seen as a good first step.
la forge
17/11/2016
11:25
Http://www.connexionfrance.com/beaujolais-nouveau-wine-november-17-thursday-facts-18633-view-article.html
maywillow
17/11/2016
10:18
Bought in after fall following the September update which I considered way OTT. It continued to fall after that so been showing a small loss but today's results vindicate my view and I'm back well into profit. Should continue to strengthen from here.
gbcol
17/11/2016
09:54
heading up nicely again
tattooed93
17/11/2016
09:46
WINE and youll feel fine
tattooed93
17/11/2016
09:46
fancy that
tattooed93
17/11/2016
09:45
delicious WINE
tattooed93
17/11/2016
09:40
ill be suppin some wine when this hits 350p even if it might only be 11 oclock :)
tattooed93
17/11/2016
09:38
Majestic Wine shares flow higher as turnaround plan bites 08:32 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.
waldron
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