Next Share Discussion Threads

[nellynell] 19/10/2016 23:08

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

[tlobs2] 19/10/2016 18:23

I think it might be prudent to keep adding whilst this continues then ;-)

[lordbung] 19/10/2016 17:11

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?

[tlobs2] 19/10/2016 17:05

Any idea how long the buy backs will continue for? I've had a good run over the past week. Long may it continue :-)

[tlobs2] 13/10/2016 21:10

Agreed, but they have just restarted it again after a few weeks off.

Just keep your eye on it ;-)

.

[toffeeman] 13/10/2016 20:37

The buy back 'kicked in' years ago

[tlobs2] 13/10/2016 20:18

With the share buy back program kicking in it could be a very good time to have a flutter on NXT :-)

[kendonagasaki] 30/9/2016 11:23

The sun is still shining!And the share price is still dropping!

[diku] 29/9/2016 10:30

Those winter clothing will probably be discounted...& UK is on for an Indian summer in October...

[johndee] 24/9/2016 14:50

A great hold for dividends whatever happens to the share price

[essentialinvestor] 24/9/2016 12:36

Interesting following the November update, may be.

[kendonagasaki] 24/9/2016 12:31

Still further to go here....Further down!

[kendonagasaki] 24/9/2016 12:28

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!

[mrchriss] 16/9/2016 15:51

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.

[mrchriss] 15/9/2016 18:11

So you're saying they'll be cheaper soon? Bargain!

[kendonagasaki] 15/9/2016 18:03

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!

[mrchriss] 15/9/2016 17:43

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.

[minerve] 15/9/2016 17:33

OK. Thanks.

[essentialinvestor] 15/9/2016 17:20

May add a few is the share price fall continues.

[minerve] 15/9/2016 15:56

Essential

Forgive me, but I don't understand your previous post.

[essentialinvestor] 15/9/2016 15:42

It's a funny type of fuked making these profits, makes you wonder how
some people get on the internet )

If you are bearish on prospects fair enough.