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Share Name Share Symbol Market Type Share ISIN Share Description
B&m European Value Retail S.a. LSE:BME London Ordinary Share LU1072616219 ORD 10P (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  2.90 0.65% 447.10 98,130 09:07:13
Bid Price Offer Price High Price Low Price Open Price
446.90 447.20 448.20 444.00 445.10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 4,673.00 525.00 42.20 10.6 4,476
Last Trade Time Trade Type Trade Size Trade Price Currency
09:05:20 AT 602 447.10 GBX

B&m European Value Retail (BME) Latest News

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B&m European Value Retail Investors    B&m European Value Retail Takeover Rumours

B&m European Value Retail (BME) Discussions and Chat

B&m European Value Retail Forums and Chat

Date Time Title Posts
13/1/202322:02B&M European632
24/8/202216:21B & M Group17
24/7/201910:25Balsas y Mercados Espanoles5

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B&m European Value Retail (BME) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:05:20447.106022,691.54AT
09:05:20447.107203,219.12AT
09:05:20447.1080357.68AT
09:03:32447.14179800.38O
09:03:17447.104011,792.87AT
View all B&m European Value Retail trades in real-time

B&m European Value Retail (BME) Top Chat Posts

Top Posts
Posted at 12/1/2023 10:59 by exiledscot
Ex dividend today hence share price down. Don’t think special dividend excellent at all. There is a withholding tax of 15% in Luxembourg where B&M registered. You pay no stamp duty on buys but after the first year you throwing 15% down the drain on every dividend.
Posted at 06/12/2022 19:14 by livewireplus
JPMorgan Chase & Co. increased its price target for B&M European Value Retail (LON:BME) to GBX 555.https://beststocks.com/jpmorgan-chase-co-increased-its-price-target-fo/
Posted at 21/11/2022 11:45 by ramellous
Goldman Sachs raises B&M European Value Retail to 'buy' (neutral) - price target 490
Posted at 13/11/2022 09:35 by wad collector
Biggest drop in shorts in the index this week , from 2.7 to 1.4%. Guess that tells us what we know already though, the price is going up.
Posted at 11/11/2022 10:29 by philanderer
B&M downgrade expectations unfair, says Liberum


B&M (BME) has had a strong first half to its 2023 financial year but the market is still pricing in material downgrades, says Liberum.

Analyst Adam Tomlinson retained his ‘buy’ recommendation and target price of 685p on the stock, which was trading down 5.7% at 352p on Thursday afternoon.

The group reported strong six-month results, the first under new CEO Alex Russo, and reiterated guidance.

‘We expect B&M’s leading value proposition to keep driving good momentum from a revenue perspective in the current environment,’ said Tomlinson.

‘Gross margin and the potential need for heightened discounting is the big risk for the rest of the year, but the first half shows management has navigated these dynamics well when required, which gives us confidence.’

He said the shares are down 41% year-to-date – before today’s falls – and now sit at pre-Covid-19 levels.

‘This is despite Ebitda guidance for full-year 2023 – the year ending March – of £550m-£600m, which is 70% higher than full-year 2020, pre-Covid-19, of £342m.

‘The current full-year price/earnings ratio sits more than 40% below its 10-year average, implying the market is still anticipating material downgrades. However, we expect B&M to deliver a resilient performance over the coming months and see good reasons as to why guidance can be hit.’



ciitywire.com

Posted at 10/11/2022 14:10 by kalai1
B&M Group plc posted Interims this morning. Group HY revenues increased by 1.8% on the prior year to £2,309m, Group adjusted EBITDA was down to £232m with margin lower at 10.0%. Group statutory operating profit was £249m (H1 FY22: £283m), statutory profit before tax was £201m (H1 FY22: £241m) and statutory diluted earnings per share was 15.7p (H1 FY22: 19.0p). Cost pressures are biting margins, but the business continues to expand with total gross new store openings in H1 FY23 for B&M UK at 10, with another 4 in France and 7 in Heron. The outlook remains solid, trading has been good in the first six weeks of the Golden Quarter, with LFL sales up 2.5% in B&M UK stores and strong sell-through in non-grocery categories. Management reconfirmed previous guidance of FY23 £550m - £600m Group adjusted EBITDA, significantly ahead of the pre-pandemic level of £342m in FY20. Valuation is now reasonably attractive following a 45% share price correction in 2022 so far, forward PE ratio at 10.6x leaves the share attractively valued. Near term share price momentum is lacking, other than that B&M is a share worth owning from here. BUY...

...from WealthOracle

hxxps://wealthoracle.co.uk/detailed-result-full/BME/611

Posted at 10/11/2022 08:35 by wad collector
So profit up about 50% on prepandemic levels but share price around same price as pre-pandemic. That seems about typical for the gloomy market now.
Posted at 16/9/2022 13:28 by lovewinshatelosses
Well, that FedEx update validates the bear case. Deciding a fair price to buy here and similar names is taxing my brain (!) so will sit back and wait for a bit. Was thinking those March 2020 lows for a good re-entry price, but would not be surprised to see a lower print. Drip feeding the way to go, regardless IMO. GLA.
Posted at 23/6/2022 13:24 by philanderer
Coming slowdown may for tougher for B&M

Shore Capital is ‘increasingly concerned’ about B&M (BME) ahead of an economic downturn.

Analyst Eleonora Dani reintroduced a ‘hold’ recommendation on the stock, which had been ‘under review’ following a first-quarter trading update preview.

‘B&M, the discount variety chain, is expected to report a muted quarter with its first-quarter trading update on 29 June,’ she said.

‘The company issued full-year results, highlighting the difficulty in passing through cost inflation, given the demand elasticity in its non-food business, and the return to some markdowns.’

The share price has fallen 40% year-to-date but Dani said she was ‘increasingly concerned about the inventory quality ahead of a downturn’.

‘We therefore reintroduce our “hold” rating, believing that the share price correctly reflects the company’s fair value,’ she said.

The shares were down fractionally at 373p at the closing bell on Thursday.


citywire.com

Posted at 01/6/2022 15:37 by m_kerr
management have a great track record. distributed £1.80 per share in dividends.

but valuing retail stocks purely on cash flow and earnings is fraught with risk, when the share price was £6, ask yourself if you'd pay about £7.5m per leasehold b&m store (adjusting for heron foods and france). if someone cheaper comes along (and they always do), your cash flows dry up and there's nothing left to underpin the shares, indeed there could be negative value at some point in the future given the leasehold debt.

kingfisher, for instance, backs up about 60% of it's enterprise value with property. here there's no underpinning to the share price.

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