Next Share Discussion Threads

[toffeeman] 03/3/2016 10:20

Gap is at 5400?

[kendonagasaki] 03/3/2016 09:22

Resistance at £63.If that breaks we should see the trend toward £60.More volatility due in the markets within the next 10 days.Hold on to your hats!

[toffeeman] 02/3/2016 15:53

Any gap fillers think it will revisit Jan 2014?

[mike24] 15/2/2016 10:02

NEC the spring fair was a success,
coachhouse.com over Libra leading the way to retail suppliers
put their products in any store and sales would double

john lewis already a big fan of their home furnishings
some mark ups being eye watering

nxt making £3ml a wk on store/credit cards
stash the cash, for a rainy day
71quid looks good for now
nai

[harebridge] 09/2/2016 16:37

One of the biggest risers in FTSE 100 today!

[kendonagasaki] 08/2/2016 18:14

Still charting towards £60 resistance.Should hit very soon.Needs to stay above £63 by the end of the month or bearish reversal will be confirmed.

[toffeeman] 26/1/2016 09:48

Yo Kendo - any customer-facing stocks you like or are they all doomed?

[kendonagasaki] 26/1/2016 08:44

Still charting downward pressure here.

[the explorer] 24/1/2016 19:14

Shares in high street fashion favourite NEXT (LSE: NXT) have fallen by 19% from £80 to £65 since the start of December. It seems to have been a victim of the general market sell-off and of concerns over slower sales growth. However, I suspect this sell-off may have been slightly overdone.

The shares now trade on 15 times forecast earnings and offer a prospective yield of 5.2% for 2015/16, including special dividends. The fall in the share price has also enabled NEXT to start buying back its own shares.

Unlike most firms, NEXT sets a maximum price for buying back its own shares. This is an approach also used by Warren Buffett and ensures cash isn’t wasted on buybacks when it could be used more profitably elsewhere. The current limit is £69.62.

The buyback policy has delivered stunning returns for shareholders. In my view, if NEXT is willing to buy its own shares, they may also offer good value for investors.

[kendonagasaki] 20/1/2016 20:20

£60 is the resistance indicator.If that breaches then we will see £53/55.Could happen very quickly as the markets will continue to weaken over the next 11 months.It's like shooting fish in a barrel here.I don't see Simon Wolfsden staying CEO in 2017.Politics beckons for him. IMO of course.

[sogoesit] 14/1/2016 20:48

Normally I dont buy bras and panties but I take your word for it!

[blueball] 14/1/2016 12:06

Charity shops have a better selection my target is 2000p in next 18 months.

[kreature] 12/1/2016 06:32

Like I said over on lse at 8000..... Imv it's just a warehouse full of bras and pants with massive overheads and growing online competition

[harebridge] 07/1/2016 16:51

Great intraday recovery, like a few other quality retail plays.

[minerve] 06/1/2016 10:39

They haven't wasted time on buy backs:

For immediate release

5 January 2016

Transaction in Own Shares

Next plc announces that it has today purchased on market 586,000 Shares all for cancellation at a price of 6816.9901 pence per Share.

Following the purchase, the Company's registered share capital consists of 152,287,556 Shares. This figure may be used by shareholders to determine if they are required to notify their interest, or a change to their interest, in Next plc under the FCA's Disclosure and Transparency Rules.

All of the Shares have equal voting rights and there are no shares held in Treasury.

[johndee] 05/1/2016 20:45

Buybacks is the same thing really, increases the share price as less shares in issue. What we really need is an addition of 9 for one issue. About £7 a share with 10 times as many shares.

[sogoesit] 05/1/2016 20:18

At this price, if it stays here, we'll not be getting any more specials for a while (after february's payout)!
Have to console ourselves with buybacks, I guess.

[buys in jars] 05/1/2016 16:55

blizzards?

[johndee] 05/1/2016 16:14

Very cold weather NEXT week.

[kendonagasaki] 05/1/2016 12:04

I see a slowdown myself.

[bulltradept] 05/1/2016 08:09

Some nice gaps to be filled further down if we are now going to get warmer winters..

[harebridge] 05/1/2016 07:20

Poor online sales blamed on competition."Whilst warm weather may have been the main reason for a difficult fourth quarter, we would not want to allow difficult trading conditions to mask any mistakes and challenges faced by the business. Specifically, we believe that NEXT Directory's disappointing sales were compounded by poor stock availability from October onwards. In addition, the online competitive environment is getting tougher as industry-wide service propositions catch up with the NEXT Directory."Generally average/ poor results blamed on weather.

[hectorp] 04/1/2016 12:23

There has been a large fall in the past month, probably about finished, noting however footfall in the UK malls is down 3% over the same period last year ( ie Christmas to New Year week). This may or may not affect NXT as of course online buys tend to be on the rise.

[mike24] 04/1/2016 10:14

porters view of where the UK spent its money
summed up the army of people involved in,
design, marketing, etc, but none on the rising costs
of REAL inflation?

one HoF store took 500k in menswear boxing day
yet the previous owners flogged off the priceless freehold
for this amount 40yrs ago, so where is the hedge against
another recession?
repeat
one dept, menswear, in one store, took 500,000quid in one day
not affected by weather, change in fashions blah blah

profits in the good yrs need to be conserved to see out a
downturn, not all paid out divi's/share buybacks
edit
comm, landlords negotiating highest rents since 08
most recent buyback 3ml wasted as share price drops
stash the cash , downturn coming
dror