||EPS - Basic
||Market Cap (m)
Next Share Discussion Threads
Showing 5501 to 5524 of 5525 messages
|The buy-back has nothing to do with share price support and everything to do with RoE.|
|Deutsche Bank have stiffened it with their buy rec of 5950p !|
|Fair enough Toffeeman.
25 million quid isn't going to last long then, at £2 million a pop!|
|If history over the past few days repeats itself then trades will hopefully start flowing through shortly :-)|
|Not quite Lord B
explains the buy-back approach very clearly - it's about equivalent rates of return.|
|Upon checking the latest trading update it states they will spend another £30 million on buy backs this year. So probably another £25 million to go yet|
|I think it might be prudent to keep adding whilst this continues then ;-)|
|If this is a return to the stated policy, the buybacks should be constant (virtually every day) until the share price reaches the price at which Next considers the money would be better off left wherever they keep it to earn interest(if I understand the reasoning correctly, Next reckon they save more by buying back the shares and not having to pay the divis than they get in interest on the money when it's invested).
IIRC the current threshold share price is about £67, so a long way to go yet. I don't know what caused them to lay off the buybacks for a couple of months; probably just the general air of out-of-controlness that's permeated everything recently?|
|Any idea how long the buy backs will continue for? I've had a good run over the past week. Long may it continue :-)|
|Agreed, but they have just restarted it again after a few weeks off.
Just keep your eye on it ;-)
|The buy back 'kicked in' years ago|
|With the share buy back program kicking in it could be a very good time to have a flutter on NXT :-)|
|The sun is still shining!And the share price is still dropping!|
|Those winter clothing will probably be discounted...& UK is on for an Indian summer in October...|
|A great hold for dividends whatever happens to the share price|
|Interesting following the November update, may be.|
|Still further to go here....Further down!|
|Well so far so good.I can't see the results being good here. To much winter product in shops and the sun still shines Looks like we will test new lows before new highs here!|
|Could Next not have issued their new bond at a lower interest rate, as we're starting to see companies issue at negative rates? Over 3% seems high by comparison.
Might be a stupid question.|
|"Sales were boosted by higher number of stock for sale, with clearance rates slightly ahead of the management's expectations. For the current year (FY 2017), the Group is well-positioned to cope with sterling weakness, as it has fully hedged all currency exposures. For FY 2018, the impact of a weak sterling would be partly mitigated by factors such as pre-referendum hedging and euro and dollar revenue. While consumer demand is likely to remain subdued for the remainder of the year and year-on-year performance in Q3 would be challenging given last year's strong comparative, Q4 is expected to read better. This is subject to winter this year, as last year saw a warm quarter. The group's mobile website was well received with conversion rate increasing 16% from 4.9% to 5.7%. Next plans to increase net trading space by 350,000 sq ft this year, bringing its portfolio to 8 million sq ft, substantially more than the forecast in March. In light of the above argument, we maintain a Buy rating on the stock."
Update from Beaufort on Research Tree."|
|Next results were pretty good in H1 considering damage from slowing pre and post the Brexit consumer confidence vote and weather in March and April...|
|So you're saying they'll be cheaper soon? Bargain!|
|Get a grip guys and gals and let's focus on the reality.We are in a recessionary environment, a global recessionary environment. Overseas sales that have suddenly shown a sparkle will endeavour to decline sharply as this recession gathers pace and continues to ravage the landscape.Simon Wolfsden saw this coming 2 years ago and has subtlety tried to engage his audience to the reality on the horizon.We will see NXT hit £30 and below IMO before it ever hits £80 again.Enjoy the ride down.....it's only just begun!|
|Nice spot, Minerve. Home from work and finally able to read the report in full. Overall results aren't wonderful but plenty to be encouraged by.|