Wh Smith Share Discussion Threads

[jezboy1] 03/1/2007 17:24

You probably right mate - think there might be a jump if NXT report
positive retail figures tomorrow. That is even though clothes have
nothing to do with WH Smith :-)

[gspanner] 03/1/2007 16:46

Jez

Thought the best strategy was to wait until Lewis and Marks had released positive trading staements and sell the (artificial) peak created before the late (says it all really, no one knows whats going on) trading statement from WHS.

May be wrong though...

Good luck

[jezboy1] 02/1/2007 14:55

opened short at 382 today - any others out there?

[fur] 14/12/2006 10:26

WHS has not paid its September rent and service charges on three leases - anyone else got knowledge of similar signs of distress?

[rogid] 13/9/2006 19:43

Can feel another short coming on. Reflected glory from Next figs today. Distr. business split was already priced in at about £3. Mat dip toe in tomorrow.

[rogid] 12/4/2006 09:41

Thankfully I closed my shorts yesterday for a good profit. Phew.

I agree with Biscuit2. After the sale of the distr. business this will continue its orderly long term decline. Will look to have another short bite at some point.

[biscuit2] 12/4/2006 08:55

Same old problems, increased profits with falling sales or rising sales with falling profits, it would seem this age old problem has still not be solved.

[quidzinn] 12/4/2006 08:11

Anyone shorting this needs their head examining ...

Q

[rogid] 15/3/2006 19:04

I am. Took an annoying hit yesterday on a March position but rolled it over (and added). Did OK earlier in the year though.

Lifted yesterday by general hype about possible retail take overs but I think this is too expensive for that. The business is in terminal decline - no growth prospects and cost rationalisation is only a short term fix. Could sell off parts of the business but again I think the hope value is already priced in.

[ben nevis] 14/3/2006 10:44

WOW like all rotten stocks, this has blossomed...

anyone short ?

[skyhigh1] 22/2/2006 12:32

Before you invest in this company BEWARE
i own a news agents and i am just about to close my door for good and join the other 8 shops per week closing their doors.

this company is in so much trouble,

all mags that are sent out to shops are charged for immediately and yet they get over 4 weeks credit.. so if all shops had there money back and they settled ther bills this company would immediately fold...

i have spoken to lots of shops and all 100% are looking for a way out..

this company ripp off shops delibrately because of the monopoly they hold and treat all customers dispicably,,

this cant and wont continue.


they are trying to paint a rosy picture but big changes are ahead. this share is only going one way ...DOWN... DYOR

[holly bush] 24/1/2006 11:37

Another stock heading for the bin.

WH Smith festive sales in decline

High Street bookseller and stationer WH Smith has announced a drop in sales in the crucial period over Christmas.
It said like-for-like sales at its 542 UK stores fell 6% in the seven weeks to 21 January, after earlier predicting it would be a tough trading environment.

[holly bush] 24/1/2006 11:37

Another stock heading for the bin.

WH Smith festive sales in decline

High Street bookseller and stationer WH Smith has announced a drop in sales in the crucial period over Christmas.
It said like-for-like sales at its 542 UK stores fell 6% in the seven weeks to 21 January, after earlier predicting it would be a tough trading environment.

[holly bush] 24/1/2006 11:36

Another stock heading for the bin.

WH Smith festive sales in decline

High Street bookseller and stationer WH Smith has announced a drop in sales in the crucial period over Christmas.
It said like-for-like sales at its 542 UK stores fell 6% in the seven weeks to 21 January, after earlier predicting it would be a tough trading environment.

[holly bush] 24/1/2006 11:36

Another stock heading for the bin.

WH Smith festive sales in decline

High Street bookseller and stationer WH Smith has announced a drop in sales in the crucial period over Christmas.
It said like-for-like sales at its 542 UK stores fell 6% in the seven weeks to 21 January, after earlier predicting it would be a tough trading environment.

[rogid] 20/1/2006 16:50

This could be reacting to positive leaks ahead of Tues. Luckily I closed a short yesterday morning - about the first time I've ever timed a trade well. I know Ashardas has come in for a lot of stick, probably mostly justified, but I think he's fundamentally right about this one. His timing may be off but I agree with his conclusions - the business model is shot and this company is in a slow but sure decline.

[hamsterape] 12/1/2006 09:29

Ahh! I can't bloody believe it. Shorted before xmas a little to early but had to close it at the peak to avoid paying the dividend and hoped to re-short on a recovery but it just fell thereafter. Now it's sub-400p as I expected.

Note to self - never short with CFDs ahead of a dividend payout.

[raheny2] 03/1/2006 11:11

Can anyone explain the drop today they don't go ex-dividend till tomorrow do they?

[yotter] 20/12/2005 15:26

IamasHardAsNails,

Too right, I'll be counting all me money.

[iamashardasnails] 20/12/2005 13:55

Yotter - Are you getting ready for your annual LONELY XMAS??

[yotter] 20/12/2005 13:20

IamasHardAsNails,

How's your short going ?

PMSL !

[gchklf] 06/12/2005 21:14

Wish I hadn't !

[hamsterape] 06/12/2005 14:52

What do people mean by "20% return" when they are talking about a short position?

A drop to 320p is 15.5% from 379p or 18.5% of the final price, but neither of these is 20% nor what could be reasonably called a "return".

A 20% return on one's money would imply a stop-loss at 674p, being the amount of gain expected (59p) as a percentage of the money put at risk (674p-379p).