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Mysale Group Share Discussion Threads
Showing 201 to 225 of 225 messages
|I'm still here because I think growth may improve.
Still half the price it was, with better prospects.
Can't compare to something like G4M, IMO, but worth a slug. :0)|
|I sold out net after the recent trading update. Growth levels are too low for MYSL to get a premium rating IMHO.|
|This site of theirs looks good and ideal for UK market (login via facebook)
|Someone took the 'advice' - lol|
|good time to buy some more!|
|Same to you Dibbs....|
I totally agree, if only we could read the future and always buy and sell the right stocks at the right time! I certainly would not have sold the 20,000 ASC shares that I once bought at 4.88p way back!!!! My £1000 purchase made me a few grand but not the million it could have become!
I totally agree that BOO are in a very competitive market but they have thus far acquitted themselves very well apart from one early profit warning!
I still like MYSL and if they can continue to grow their margins and profits then the case will become all the more compelling and I certainly won't rule out buying back in! As you say they have a nice niche clearing out stock from high class brands, a win win for both parties.
All the best
Each to their own. when I say "one Trick Pony" , I mean Boo basically is a young womans fashion portal - no more and no less. fashion is fickle and the competitors are many (Misguided is taking a big slice out of Boo's market - Misguided ads are everywhere in London and having a REAL store in the heart of the East End gives Misguided that extra punch).
(its web site is about 10 times better than Boos - just scroll down and take a look and compare).
MySale, is mainly based in Australia (so its pretty much Brexit proof), its product range can be anything so its not dependant on young women (its currently doing very well selling UK made Wellington Boots in Aus)..
There is ALWAYS a market for a bargain (hence the existence of Aldi and Lidl), but a particular fashion portal is a graveyard.
Currently (using ADVFN figures) Boo's market cap is SEVEN TIMES its turnover.
MySales market cap is ONE POINT TWO TIMES its turnover... Using the turnover figures, MySale is undervalued 700% compared to Boo... Yes, profitss from turnover will be less than Boo but even Boo are having to cut prices big time and now Boo are coming to their LEAN season....
Mysale is the way to go. Seriously - I have money to go both ways, but I cant see any real value in Boo (at its current price) but I can see lots more for MySale.
But, I agree, if we could read the future we'd all buy the same stock , since we cant, its more about hunches and guess work.
Mysale are still 50% cheaper than their 2014 float price.... Can Boo say that?
Sports Direct link (including fitbit watches):
(fitbit charge watches are at least £100 a pop)|
|I sold out on Friday morning for a few reasons. I needed to raise some funds and was weighing up which stock to sell. In a strong market I think MYSL could still rise further and I do like the company but after a great run it's valuation is looking stretched in my opinion.
MYSL is looking to be on a estimated 2017 PE of 523 falling to 283 for 2018! BOO has been mentioned and is on estimated 2017 PE of 72, falling to 60 for 2018. As Maffs1 mentioned BOO is growing far faster and has much better margins which has allowed it to keep growing into what has seemed a high PE. I just can't see MYSL managing this to the same extent.
I'm afraid I have to disagree netcurtains about BOO being a one trick pony. It is a quality company on the verge of opening up America via Nasty Gal and with Pretty Little Thing adding some interest in the UK. I just can't see how MYSL is a multi -trick rocket by comparison.
For me it's all about the earnings and earnings growth. MYSL may see it's earnings growth accelerate but it needs to, in a massive way for my mind in order for the share price to appreciate much more from here.
Anyway, I'm as likely to be right as wrong and only time will tell! Good luck folks whatever your opinions.
|maffs1: The journalist on iii has actually compared MYSALE to BooHoo and Asos. People do exactly that. It still stands. BooHoo is a one trick pony, MYSALE is a multi-trick rocket.|
|Net, I'm long in this share and hope that we see a continued rise in the share price from here, but to put the bear case to your points:
a) the £ will probably recover sooner or later and it when it does the current tailwind will become a headwind.
b) Agreed, but gross margins are nowhere near the levels BooHoo achieves.
c)Yes, and so it should!
d) BooHoo, as I mentioned earlier has much higher gross profit (55%) and much higher growth levels (40% ish). BooHoo sells its own products (high margin) whereas MySale sells other company's products (lower margins). You really can't compare the two.
My reason for being long is that
(i) I can see lowish double digit growth continuing and, as we saw in this update, due to operational gearing, the EBITDA figure is even more positively affected.
(ii) the move into selling more of their own brand products might increase margins;
(iii) the deal with the American company could be very significant if it works as hoped.
I don't see the massive shareprice movement of BooHoo happening, but I will be very happy if these trade at over 150p in 6 months time.
|The main driver for this company over the coming years is probably this old news :
If it works out, we should be talking big profits in the coming years...
THIS COMPANY IS STILL ROUGHLY PRICED AT ONLY 50% OF THE 2014 FLOAT PRICE
Whats changed since 2014?
a) Pound tanking so Australian profits are worth a lot more now - in pounds.
b) UK goods selling in Australia can look good in "Flash Sales" and still make good money in pounds.
c) MySale in 2017 makes profits - in 2014 it was making a loss.
d) the rise of BooHoo and ASOS makes MYSALE look cheap.
Why is MySale NOW 50% less than its original float price? I'd say its currently priced all wrong.... The world has changed big time since 2014 ... And the change is good for MySale.|
|maffs1: They originally said "ahead of expections" - now they say "maintaining this 'ahead of expectations' "... This is important as Christmas accounts for about 25%/30% of total sales of most sites. The expansion into the USA could be huge for year going forward too. BooHoo is valued at 5 TIMES MYSL so MYSL definitely has more to go as BooHoo does appear fair value|
|To be honest, I was a bit underwhelmed by these results and expected the market to mark the price down, so its nice to see the market respond positively. The growth in revenue of 18% isn't bad, but it would be nice to see it a bit higher. BooHoo, as a comparison, is growing at about 40% revenue.
Having said that, the 100% rise in EBITDA is encouraging...maybe MYSL is quite operationally geared?
I haven't sold any or bought any more...just holding as I suspect the price has a bit further to go.|
-- A strong first half with underlying(1) EBITDA up 100% to c.A$3.0 million (H1 FY16: A$1.5 million)
-- Maintaining recently upgraded full year guidance
-- Online(2) revenue increased 18% to A$126.5 million (H1 FY16: A$107.0 million)
-- Active customer base increased 19% to 870,000 (H1 FY16: 731,000)
-- Total gross profit increased 17% to A$38.4 million (H1 FY16: A$32.7 million)
-- Strong balance sheet with net cash balance increased to A$29.1 million from A$27.5 million at end of June 2016 and A$23.4 million at 31 December 2015
(BooHoo with similar turnover but bigger profits is worth about 500% more - so lots of room for growth)
Think BOOHOO and ASOS - We need to grow 500% more at least...
The deal with USA might be interesting too.|
|Good update this am, hopefully shares will continue to rise|
|well said petewy|
|Maffs. Thnks. Been in for a while. Watching for update.|
|Its not just sales here , its Australian Dollar exchange rate.
You buy into these sort of stocks as a hedge against brexit.|
|The website confirms there'll be a TU hxxps://www.mysalegroup.com/investor.html#/calendar|
|Thought the recent rapid rise was the result of AGM statement (above analyst's expectation) on November 29th? Are you sure they will announce another one so soon?|
|The question will be whether or not MySale is able to manage sustainable double digit growth and show a strong move into profit. If it can do this, the market might begin to look on it a bit more like BooHoo and rerate it appropriately. On the other hand, if it can't do this and is stagnating, it will probably be sold off as an also-ran in the internet retail stakes!
I'm expecting a trading update in the next day or two which had better be good given the rise of the last week!|
|anyone have a 12 month target for this company?|
|..from the Brexit buster!|