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BON Bonmarche Holdings Plc

8.50
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Bonmarche Investors - BON

Bonmarche Investors - BON

Share Name Share Symbol Market Stock Type
Bonmarche Holdings Plc BON London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 8.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
8.50 8.50
more quote information »

Top Investor Posts

Top Posts
Posted at 16/7/2019 10:08 by buffett9
Bid price now down to 8p... looks like it is falling by 1p every hour as investors rish for the exit. 30 thousand shares sold already this morninf.
Posted at 07/4/2019 18:40 by jbongo
I see the stakeholders section of the BM website has been updated:

hxxp://bonmarcheplc.co.uk/investors/shareholder-information/major-shareholders/

So the other 3 big boys own 28.8% between them. Hopefully they hold their nerve/hoover up a few more shares.
Posted at 04/4/2019 22:37 by peterf79
That is basically what happened yesterday when 5M shares traded hands. Cavendish increased its stake with 2.4M shares to 9.72% of total holdings. Stadium sold 3.3M shares and has now 1.38M shares or 2.76%. Stadium was also the fund that sold 500K at closing on April 2nd. Another 2.6M or about 5% traded hands but apparantly it is not one of the big guys. I guess this is a shake out after the Stadium sale and happened between individual investors. It can also be that somebody is building up a stake that is still less than 5% at the moment.
Posted at 02/4/2019 12:33 by peterf79
"Will more than 10% resist?"

I am confident that with this ridiculously low-priced offer, this exactly what will happen. This stock has been a value play since being a penny stock so the average shareholder is not a dividend income investor anymore. It is why I started to accumulate when it was below 50 cent and I am not going to sell my stake at this price.
Posted at 13/12/2018 09:49 by bor491
its a disaster - one company after another falling like ants - how can an average investor accept a 40% fall on a trading update!!?
Posted at 21/1/2018 23:25 by opodio
Bonmarché becomes latest victim of high street gloom
0


Jon Yeomans Ashley Armstrong, retail editor
19 JANUARY 2018 • 9:30AM
Bonmarché was the latest victim of the high street gloom after shares in the over-50s womenswear retailer tumbled by almost a quarter following a slump in sales over the key Christmas quarter.

Sales in shops open more than a year tumbled 9.7pc in the 13 weeks to December 30, a performance that Helen Connolly, chief executive, labelled "disappointing".

Strong online sales growth of 28.5pc failed to offset the poor performance of its stores, resulting in an overall fall in like-for-like sales of 6.9pc. Total sales slumped 5.5pc.

Ms Connolly blamed a "challenging" clothing market, particularly on the high street. She said the market for 50-plus women's clothing had shrunk during the year.

Industry figures revealed earlier this month showed that the high street suffered its worst Christmas sales growth in five years as shoppers shifted online and hunted for cheaper options.

The Bonmarché failed to comfort investors by warning that "uncertainty" would remain for the rest of the year and that weather was the biggest risk to consumer shopping behaviour.
Posted at 20/11/2017 11:52 by walbrock82
Bonmarche interim results look interesting.

Here are a few things for investors to digest:

1). Basic EPS of 6.8 pence more than doubles last year. But the business is weighted towards the second-half.
For example, last year Basic EPS was 9.2 pence and its made up of 3.1 pence (H1) and 6.1 pence (H2). H2 contributes 64% of EPS.
So, if you apply the same ratio, then this year EPS could be as high as 20 pence! Although I like to take a prudent estimate of 14 pence to 17 pence.
2). The majority of Bonmarche trade receivables is made up if prepayments. When you look at their 2017’s annual report, trade receivables were £1.8m while prepayments were £13.3m (made up of prepaying business rates of £9.4m). A high level of prepayments is a sign it is not struggling to pay rates and rent.
3). Their cash balance is growing.

With a market cap. of £49m and a growing EPS makes their share price on a multiple of 8 times earnings, according to brokers’ forecast before interim results. My forecast for Bonmarche EPS is 16 pence or 6.3 times PER.
That is too low for a retailer with a growing EPS! Expect a re-rating.
In the next 6 months, you should expect the share price to grow by 50% to £1.35 and if the recovery continues than £2 per share in 18 months isn’t out of the question.


For more Bonmarche analysis, click
Posted at 19/4/2017 13:53 by aishah
One 9% dividend I’d buy, and one I’d avoid
This could be a buy

Shares of women’s value clothing retailer Bonmarche Holdings (LSE: BON) rose by 3% on Wednesday, after the struggling group issued a cautiously optimistic year-end trading statement.

Adjusted pre-tax profit for the year ending 1 April is now expected to be between £6m and £7m, towards the upper end of the £5m to £7m range quoted in September last year.

Chief executive Helen Connolly appears to have slowed the decline in sales and turned around the group’s disappointing online operation. Online sales rose by 14.8% during the final quarter of the year, compared to a 1.8% increase for the full-year period.

Like-for-like store sales remained negative during the period, falling by 2.4% during the 13 weeks to 25 March. However, this compares well with the results seen during the first half of the year, when like-for-like store sales fell by 8.6%.

There was no word today on whether Bonmarché’s 7.1p per share dividend is likely to be cut this year. I think there’s a reasonable chance of a cut, but I’m also attracted by the apparent turnaround in sales performance. If this continues into the current year, then I believe Bonmarché could be of interest to value investors.
Posted at 22/12/2015 07:31 by deanroberthunt
While Bonmarche’s multi-channel development and solid product investment could still provide rich rewards in the long term, I believe investors should perhaps sit on the sidelines for the moment as questions over the firm’s direction — not to mention the impact of worsening market conditions — could keep shares locked in freefall.
Posted at 17/12/2015 11:26 by deanroberthunt
Bargain retailer getting battered

Budget retailer Bonmarche (LSE: BON) has not enjoyed as solid a performance as Vodafone in midweek trading, however. In fact the company’s share price was last seen tanking 28% following the release of disappointing trading numbers, sending the stock to record lows in the process.

Bonmarche announced that “trading conditions during December, particularly since ‘Black Friday’ on 27 November, have been very challenging.” The business had stressed the need for a return to more normal conditions in last month’s half-year results as critical to it meeting its full-year expectations.

But with market pressures persisting, the retailer now expects pre-tax profit to clock in at between £10.5m and £12m in the year to March 2015, down from £12.4m last year.

And Bonmarche provided a double-whammy to investors by announcing that chief executive Beth Borthwick, the architect of the retailer’s improvement after it exited administration, is set to depart the company in favour of fashion giant Karen Millen.

While Bonmarche’s multi-channel development and solid product investment could still provide rich rewards in the long term, I believe investors should perhaps sit on the sidelines for the moment as questions over the firm’s direction — not to mention the impact of worsening market conditions — could keep shares locked in freefall.

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