Wh Smith Share Discussion Threads

[cfdtrdr] 22/1/2007 17:10

Anyone around here? I shorted a while back on anticipation / news from other book retailers (Watersons, Blacks etc) SMWH being turned around nicely but again expecting online competition and price wars on big selling titles to have impacted l4l. Not as confident as with the HMV short though. Any views / guesses on tomorrow's figures?

[baughfell] 17/1/2007 12:15

The share price is beginning to nicely break down now on the back of the Wollies update looking good for shorters

[jezboy1] 12/1/2007 14:57

well shorted HMV with a good result, and put WHSMITH in similar
bracket. - suspect this will range between 370-381 until the results
in a couple of weeks.

[mozza0508] 12/1/2007 08:21

I am no chartist but my opinion is that chart is neither strong nor weak. Anyway have opened a short from same level but that was two weeks ago. Only comfort being that share price had problem breaking above 380 and only in recent days it is beginnining to drift south. I will be happy to see share price continue this trend prior to trading update. Surely this company could not possibly have had a good christmas, unlike most other retailers!

[baughfell] 11/1/2007 17:52

weak looking chart, short from £3.81 a couple of days ago with a £3.40 target

[jezboy1] 05/1/2007 16:01

this time I got out at 370 to make a quick buck - (missed it yesterday)

and expected it to do the same thing it did yesterday... which it has.

Something funny going on here.

[jezboy1] 05/1/2007 12:04

or perhaps not :-)

[jezboy1] 04/1/2007 15:54

this is getting alot of support - even after the sector had a wobbly
after the Black's statement....

think I have likely misjudged the sentiment here. *sigh*

[jezboy1] 04/1/2007 12:12

I would disagree mate - share price is holding up well given the overall market
today.... think this is because of the results reported elsewhere today.

Early morning movement I missed - possible fat-finger?

[gspanner] 04/1/2007 09:28

Interesting that some positives from next and new look have had little effect here. More on Marks, but then it is a clothes retailer.

[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.