Mccoll's Retail Share Discussion Threads

[chizgreen68] 16/8/2014 18:32

Last year there was a £2.5m loss in H1 and £7m profit in H2. So that helps make sense of the numbers. When you factor in H1 this year, assume same H2 growth and then add back the interest saving and back out the IPO costs. Maybe factor in some growth. It kind of adds up. Sort of.

[chizgreen68] 16/8/2014 10:41

They have more than halved borrowings by £50m post IPO, the accounts show a reduction of £3.4m in interest payments. There will also be benefits as outlined by philanderer, but I cant find anything that will quantify those.

[philanderer] 16/8/2014 09:18

spob , doesn`t the 6.2m ipo costs come off those H1 numbers ?

Agree , still a fair jump then to £22.5m total but there`s more oulets and conversions for the final year number ?

[spob] 15/8/2014 12:45

and yes i have heard of something called christmas


but still

that would be some jump

what is the reason ?

[spob] 15/8/2014 12:41

Just browsing here


I see these made an adjusted pre tax profit of £2.2m in the first half.

Can someone explain to me how they are going to do a forecast £22.5m for the full year, or to put it another way ...

How are they going to jump from £2.2m in H1 to £20.3m in H2 ?

[philanderer] 15/8/2014 09:12

Stranger and stranger , one trade today so far , an AT buy for four shares at 186.75p

[philanderer] 12/8/2014 12:18

I know you can trade inside the quote but the latest spread 175p - 185p is just very weird, with only 25k traded tioday so far.

[philanderer] 08/8/2014 13:59

Consolidation around here would be good .... 700k buys @ 183p earlier this week and only dropping on small volume.

I`m pretty confident with this one. Fingers crossed.

[hydrus] 08/8/2014 12:24

Yeah, will need a big push to shoot past ATH. My guess is that shortly the stock market will recover a bit and start to move forward strongly up to Xmas. We're almost past the summer blues IMO and hopefully MCLS will be over £2 come end of year. We are still in the era of cheap money.

[philanderer] 08/8/2014 12:09

Right on that 180p support again.

[philanderer] 06/8/2014 13:54

Whoosh.... that didn`t last long, just a couple of sales and back down to earth.

175p - 183p

edit: closing 180.25p - 184p

[philanderer] 04/8/2014 16:55

400k and 300k @ 183p getting us going this afternoon.

And the late 5000 @ 195.31p is the best price since the IPO

190.25p - 194p close

[philanderer] 01/8/2014 17:25

Strong end to the day with a few buys at 185p

[philanderer] 31/7/2014 17:01

Still finding it hard to break out from this 180p area. A poor general market day though.

Closing quote: 178.75 - 180

[rolo7] 30/7/2014 18:48

could see mcls taking market share from the co-op, opened up higher on ex divi day also.

[hydrus] 30/7/2014 10:08

Looks promising, Lord Lee is invested in these and I respect his investment approach.

[philanderer] 30/7/2014 09:01

Morning Chizgreen, luck with those.

MCLS going xd for the 1.7p dividend this morning.

[chizgreen68] 30/7/2014 08:55

Bought in this morning, gl all

[philanderer] 29/7/2014 20:33

180.25p - 183p closing quote.

166k traded , hopefully consolidation around here and a continued push north.

[philanderer] 29/7/2014 16:22

500 AT buy @ 183p is the best trade for a long while.

[philanderer] 29/7/2014 14:08

Aldi just taken over number 6 spot from Waitrose (announced this morning ) - shoppers leaving the big boys and going to discounters and local convenience stores.

[hydrus] 29/7/2014 12:58

Fair point philander - after I posted I had another look and chart and realised what you meant.

[philanderer] 29/7/2014 12:13

Hydrus, I was just looking at the chart and it had a couple of goes at that 180p early april.

Hopefully this time we`ll push up through :-)

[hydrus] 28/7/2014 16:43

Why is there a ceiling at 180p?

[philanderer] 28/7/2014 12:09

We`ve hit that 180p ceiling ;-)