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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Mccoll's Retail Group Plc | MCLS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.75 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.75 | 1.75 |
| Industry Sector |
|---|
| FOOD & DRUG RETAILERS |
| Top Posts |
|---|
Posted at 10/5/2022 12:54 by mrblueface The inch high private investors GAMBLERS need to go back to the 90s and buy a brick Nokia phone, NO INTERNET just calls and txts to overcome the compulsive gambling urges on the markets. Open up a post office account and put pocket money into it each week. They are not cut out for picking winners PMSL. Just think what they could have bought there children instead of gambling in this ? Totally shameful how do they look there children in the eye ? These types of gamblers would sell there childrens toys to cash converters for a fix PMSL |
Posted at 09/5/2022 18:44 by pwhite73 MrBlueface - "No you do not understand"No its you that doesn't understand. You see once investors have lost large sums of money in a stock they hold no animosity towards any posters that predicted sell or even posters gloating. How best can I describe it. Its like losing a loved one, a family member. The event is so traumatic it overwhelms everything else. You no longer have enemies, you no longer consider person A a bad person. What's real is the death of a loved one and its all consuming nature. I haven't lost a single penny in McColl's because I never invested a single penny but people who have are not concerned about people like you any longer. What they wait for is a glimmer of hope that maybe just maybe shareholders might salvage something. But believe me nobody cares about the "I told you so" or "serves you right" posters at a time like this. That's why all the posts have dried up. This is no time for conversation. I will say no more on this subject. |
Posted at 09/5/2022 05:46 by mrblueface I am so happy to see all investors lose everything in this. I will have so much fun over the next few weeks rubbing noses in it and reminding the mug gamblers they lost everything PMSL |
Posted at 08/5/2022 22:29 by mrblueface The recession is already here novice PMSL. As for the folk losing jobs think it will be funny to watch and funny when all investors lose everything PMSL. It is a double win |
Posted at 01/5/2022 08:16 by shanejay74 😂😂&#Investors look else where you will lose your money while the mccolls head office management team spend the profits on expensive cars, mansions, 45ft yachts and no iam not joking. Investors STAY AWAY FROM THIS COMPANY. I will endeavour to see this company fail and PMSL at the queues at the job center come June 1st |
Posted at 08/4/2022 17:48 by loganair Is this a suckers rally I ask myself, pulling in the retail investor to allow the corporate investors out? |
Posted at 06/3/2022 15:32 by the stinger Will look at this next week. Current price seems to be ridiculous and is probs the cause of last week's frenzy and investors with eyes off the ball. May be to late at current levels though! and wouldn't be surprised to see an approach.If the banking gets sorted then rocket fuel here.. still a way to go up to 10p plus so time to get in, and if the COVID effect reduces alongside it then 20p plus easy in late year.. Panmure Gordon suggested the shares might now be oversold. “It could be argued nothing has really changed in terms of the relationship between McColl’s and its banks (and with Morrisons),” it said, though it conceded McColl’s would need to reach an agreement with its lenders for a positive outcome.The broker cut its target price from 24p to 12p given the uncertainty over these negotiations, but noted: “There is potentially significant upside here, but only for investors who are both brave and patient. |
Posted at 28/1/2022 19:18 by loganair This is the e-mail I sent to McColl's Investors relations:I've been a share holder of McColl's for several years and have written one or two e-mails in the past to investor relations. McColl's share price is acting similarly to those of the ex HMV and Woolies just before they collapsed and went bust. 1. Is McColl's about to breach or have they breach their banking covenants? 2. How close is McColl's to collapsing and going BUST? 3. How much of a financial dire straights is McColl's really in? 4. Does McColl's need to raise more money, more funds to stay afloat? |
Posted at 17/11/2021 11:33 by researchguru1 Howard Stanley Marks, the serial value investor and founder of the multibillion, wealth management firm Oaktree Capital Management, once opined that:"All intelligent investing is value investing; acquiring an asset for less than its value means seeing what everyone else sees and thinking what no one else thinks." Now, put on your investment caps and follow me. • MCLS’ market cap is currently £44m (15.5p). • Cash and cash equivalents (from its interims plus the £30m fundraising) is circa £33.25m. • Head honcho Jonathan Miller ploughed £3m of his own cash into the business at 20pence per share! • Strong performance from Morrisons Daily format has led to an accelerated roll out with over 150 stores expected by end of November 2021! • The supply chain disruption has impacted product availability in stores with a consequential effect on revenue delivery. Note, this is not a profit warning. This is an earnings warning. In other words, the company’s operating margins are unchanged. The temporary difficulty is getting goods into its stores. But this is being resolved as I write. MCLS is working with its wholesale partner, Morrisons, to lessen the effect of the disruption. • The Morrisons partnership is a transformational opportunity for MCLS to accelerate its strategy and capitalise on the stellar opportunity available in food-led convenience. • The company’s share register is dominated by blue-chip investors. So, with a market cap of £44m, and less cash and cash equivalents of £33.25m, means the market is valuing the business at £10.75m! A £10.75m price tag for a retail business of McColl’s magnitude is a complete and utter nonsense! Which is why the smart money is piling in; 2 x £30k trades at 15.05pence per share earlier this morning. And no wonder talk in the City has moved quickly to ‘opportunistic takeover’ by a cash-poor competitor. And why not? Make no mistake, this is an incredible undervaluation of the cash-rich business and underpins the staggering lack of financial literacy amongst retail investors. That said, and for the shrewd and savvy investors out there, you know what you need to do. AIMHO. |
Posted at 04/8/2021 19:31 by loganair Why private equity wants to take UK assets off the shelf - By Alec Mattinson:The bidding war for Morrisons is expected to ratchet up with week with expectations of an imminent higher offer from CD&R putting pressure on the Fortress-led consortium and the Morrisons board. The Morrisons board has accepted a 252p per share offer from Fortress and its backers, but a Sunday Times report suggested bids and counterbids could raise the level to 290p per share by the end of the bidding. Even that – which would value the supermarket at just over £7bn – is short of fair value for the supermarket, according to cashflow analytics specialist Quest. The division of Canaccord Genuity distinguishes itself from more conventional equity analysts by undertaking cashflow valuation analysis of companies for institutional investors – in effect, advising big investors on whether to accept bids for stocks they hold in their funds. For Morrisons, it argued in a recent note the current bid levels remain materially lower than its own current adjusted value per share of 314p based on assumed cashflow returns. Morrisons, it argues, is just one of a plethora of stocks being fundamentally undervalued by the market, which uses different valuation metrics to those private equity investors are employing. “Private equity investors want to know what their return is,” says Quest director Graham Simpson. “They don’t care about PE ratios, DCFs and all of the other classical conventional valuation metrics.” Ultimately, he says, PE investors want to know: “What is my annual return over the next three years and how does that compare to the cost of debt?” Looking at UK-listed stocks through this lens, Quest identified particular opportunities for private equity to take undervalued assets at the small end of UK plcs. Some 177 stocks with a market capitalisation below £1.5bn have an leveraged buyout free cash yield above 10% – a key metric making them very attractive to a PE acquirer. Under-pressure retailers are among those currently most undervalued – according to Quest’s research – with names such as Topps Tiles, Smiths News, Dixons Carphone and Halfords all having an LBO free cashflow yield of between 15% and 30%. Perhaps most notably for the grocery sector, Sainsbury’s is the most attractive food retail name, with a LBO FCF of 15.3%. Quest’s Simpson cautions that this current Sainsbury’s level is before a bid premium that would see it fall. For example, assuming a bid came in 30% higher this would see the Sainsbury LBO FCF yield fall to 12%. However, this level remains “incredibly attractive”, he says. “PE typically take a three to five-year outlook in their LBO models,” he explains. “Therefore, the return would be 12% per annum and you still own Sainsbury’s to which you can also apply typical PE levers such as improving working capital delaying paying creditors, reduce stock, strip capex down, run it lean, close stores, to extract further value.” The big payday at the of this process, he says, is an ultimate exit and possible IPO having recouped plenty of the PE investment already during the ownership period. McColl’s, currently at a LBO FCF level of 12.8%, is also picked out as representing value. Meanwhile, among food suppliers Finsbury Food Group (14.4%), Wynnstay (14.1%), Carr’s Group (10.7%) and Stock Spirits (10.6%) are above the key 10% level, while in householder and personal goods Accrol (18%) also makes the cut. “Finsbury Food is incredibly cheap on our 40-year DCF [discounted cash flow] model, which is more robust than outdated conventional valuation metrics that are point in time and look no further than the current or following year,” he explains. He describes the current post-Covid differential between market and PE valuations as “unprecedented “We do not see the current enhanced M&A interest in the UK plc slowing and we expect H2 2021 to be just as frenzied.” The Morrisons bidding war may be just heating up, but it’s unlikely to be the last this year. |
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