Brown (n) Share Discussion Threads

[ed 123] 14/3/2016 11:09

Ta, jbarcroftr. :-)

I was wondering about the strength this morning.

Isn't it an odd time to issue a buy tip? The share price has risen from about 280p to about 360p recently and the finals will be released in about 5 weeks time. I'd have expected those with hope to have bought the dip and the cautious now to take down their stakes as insurance against results that disappoint. Why would anyone especially want to buy now? I'm holding and topped up in the dip but, if anything, I'd sell a few now.

Anyway, just my opinion.

[jbarcroftr] 14/3/2016 10:33

SCSW tipped

[ed 123] 26/2/2016 16:39

I'm still here. Breached the 320p level. I'm waiting to see the next trading update. Optimistic.

[gucci] 26/2/2016 16:15

surprisingly quiet board

[gucci] 26/2/2016 10:35

good looking chart

[ed 123] 12/2/2016 09:26

Looks to be having another try to breach the 320p level.

This has been one of my better performers recently. I guess it's the combination of defensive sector and improving operational performance.

[harebridge] 04/2/2016 22:45

Interview with N Brown CEO

[ed 123] 25/1/2016 09:37

Numis reiterates "add." Target price retained at 360p.

[ed 123] 22/1/2016 13:18

This is the margin information.

Full Year 15/16 Guidance

Updates:

-- Product gross margin guidance range changed to -75bps to flat (from -25bps to +50bps), driven by seasonal mix

-- Financial Services gross margin guidance range improved to -100bps to flat (from -300bps to -200bps), due to continued improvement in the quality of the credit book

[salpara111] 22/1/2016 12:23

While the update was positive, there seemed to be a lack of critical margin information which is why I am hesitant to take a stake.
I will probably wait for the next set of full results before making a decision about taking a stake.

[ed 123] 21/1/2016 15:42

Share price has fallen back this afternoon (308p). Perhaps in response to some broker target prices?

I see 3 other broker updates today. Cantor Fitzgerald upgrades to 'hold' (tp 290p). Investec upgrades to 'buy' (tp 330p). Peel Hunt retains 'hold' (tp 340p).

So, a couple of upgrades in there. That's obviously good, though the price targets are not very ambitious, imo. Maybe BWNG will get a p/e rating above 12 if it can show reliable growth? Those that the market loves get bought up to very high ratings. Eg. ASOS (ASC) - p/e ratio about 67!

Some of the other covering brokers may update tomorrow.

[ed 123] 21/1/2016 12:45

Ta, dlku. :-)

[dlku] 21/1/2016 12:35

jeffries


Rating BUY
Price Target 415.00p
Price 281.00p
Key Takeaway
3Q Power Brand & online growth continue to show traction building in the strategy. BWNG is on target for FY expectations. Stronger Financial Services rev & margins are also notable.

[ed 123] 21/1/2016 12:14

Well, the break through didn't take long.

323p now. More to come, imo.

[ed 123] 21/1/2016 12:00

Presently some resistence at 320p, as expected.

IMO, it should break through (though I'm certainly not giving advice to anyone!).

The business transformation looks to be consolidating.

[busthief2] 21/1/2016 09:47

CEO buys around £70k worth
Broker reiterated 430p on the 18th
up 13% on Q3 statement

Glad I topped up yesterday!

[ed 123] 21/1/2016 09:38

Printed shares traded so far today 718k. Latest record I can see for open shorts, 1,845k.

Not easy for them to close on a good news day.

[ed 123] 21/1/2016 08:41

Salpara111.

Did you see your reason to be invested this morning?

To me, they look to be managing the morph well.

Nibbled a few early doors. NAI.

[albanyvillas] 12/1/2016 11:38

wow,moving fast
ceo was buying recently

[salpara111] 12/1/2016 09:06

This one has sat on my low level watch list for over a year but the business has yet to turn the corner. IF...and that is a big IF! they can return the business to profitable growth they will be able to re-rate but until they can show that, there is little point in being invested.

[r ball] 06/1/2016 08:02

No reason to buy or even hold.

[my retirement fund] 05/1/2016 16:00

Treading water

[zcaprd7] 05/1/2016 14:12

Surprised the sainsburys argos bid hasn't had an impact?

[netcurtains] 30/12/2015 12:18

..so swapped out and bought Just Eat instead.
I will keep watching. Might well buy into them again.
Not sure why they dipped but they did.

[netcurtains] 30/12/2015 12:10

Yeah I think you might be right.