Boot (henry) Share Discussion Threads

[bigboyo] 14/11/2002 18:45

jonak

we will agree to disagree --- but one interesting point i read somewhere --- walmart is the biggest single customer of unilever and procter and gamble and gillette

it gives them HUGE buying power --- factor in their committment to expand the healthcare side of the business ( the flu jabs were a fantastic stunt don't you agree ? )

TOGETHER with oft likely relaxation of pharmacy contract rules means that NOW is the biggest challenge boots faces for the last 15 years

i am well short -- for once boyo puts his money where his big mouth says !

[jonak] 14/11/2002 18:21

Hi Bigboyo, I agree that those are the threats boots faces, and has been for years, and yet it never seems to impact the business materially.....
I also thought the Halfords business went OK ?
Of course, I'm biassed - I have boots down as a 'buy' right now

[bigboyo] 13/11/2002 21:23

jonak

1/ supermarkets are taking big volume from boots toileteries business

2/ walmart ( owners of ASDA ) is committed to this and the pharmacy business

3/ the biggest contributor to profit within Boots is the dispensing business
and the OFT enquiry could open Boots up to huge competition

so the situation is VERY unstable -- compounded by a management DEVOID of ideas to make the business grow

EVERY SINGLE diversification has been a FAILURE ! the writing is on the wall for Boots and its jobs for the boys Directors

[jonak] 13/11/2002 20:31

pedestrian increase in turnover, profit and dividend over the last 4 years
and positive cash flow
its a dull but steady business....I don't know where all you doom-and-gloomers come from....

[bigboyo] 13/11/2002 15:05

the purchase of own securities is probably the only think holding the share price up --- market makers easy profit

lets se what happens when the buybacks stop

[l2e] 12/11/2002 09:15

should benefit from christmas surely...restucturing could unleash extra revenues?

[snaptastic] 11/11/2002 22:13

the average joe public buys toiletries from supermakets nowadays, not boots. too pricey in boots, 3 for 2 is the only positive. re rating soon, big stock dumping to come during this next down leg in the markets. £4.50 by late nov, maybe lower. p.s 4 brokers have strong sell ratings on this stock!

[bigboyo] 11/11/2002 21:36

soon be 500p

chairman has commissioned a full management consultants review

pardon me for being thick BUT what the hell do directors get paid for ? are they too thick to come up with any ideas ?

why then do we pay them so much money DUH ?

[bornonapril1] 07/11/2002 11:23

I would generally agree with you, but in this case they did sit there like lemons. Blyth was a very powerful personality and he made sure he was surrounded by people he could bend to his will. Shame about the business acumen!

Diversification has been a disaster area, and attempts to ride the bandwagon of new technology have floundered badly.

But I see evidence that with Russell in place they've seen the error of their ways. They know what they're respected for, and the new moves will be profitable. It's just that there's a lot of past mistakes to put right too.

[chris001] 07/11/2002 09:59

decline in margins, competitive pressures are likely to grow, Wellbring still making a loss, say no more....

[bigboyo] 06/11/2002 23:50

frankly the management of boots leaves a lot to be desired

i never accept that its the fault of one man --- after all what are non execs for -- come to it what is the rest of the board there for ?

to sit there like lemons ?

the central issue is --- every move to diversify ( geographically or product wise or service wise ) they try FAILS -- where is PROFITABLE growth going to come from ?

[bornonapril1] 06/11/2002 09:53

The drop will come just after the results are announced tomorrow.

Just like M&S, they've risen in anticipation, and they can't possibly live up to the expectations.

They may well rise a bit today, but don't be long after 4pm

BTW, bigboyo, it may have escaped your notice that Blyth has gone. He was the cause of all the problems in the past. Russell is now in charge, and he's completely restructured and reinvigorated the management. Lots of deadwood has gone and fresh blood is coming into place. This company will go far in the future - but you won't see the results in the share price until the memory of Blyth is erased, which may take another year or more.

[bigboyo] 05/11/2002 13:30

smokey

i suppose boots was seen as a defensive stock --- however in light of the big changes that may happen with the OFT report --- this is becoming a game of poker

[smoketrader] 05/11/2002 10:54

Yeah, I got stopped out yesterday morning. No point in fighting them if they want to push it up, I'll just take their money later.

[bigboyo] 05/11/2002 10:12

price breaches 600 --- there must be a lotta stupid fund managers out there !

LOL

[smoketrader] 02/11/2002 00:20

I'm bored. This is like trying to get blood out of a stone. Tank, you b*stard!

[bigboyo] 01/11/2002 14:55

smoke trader

twill go to 500 ish ( i hope ! LOL ) by xmas -- i am holding tight

i am well short -- and on fundamentals this has to be a bear stock

[smoketrader] 01/11/2002 13:07

Thou shalt not cross thy 200dma

[bigboyo] 24/10/2002 16:50

this company has poor management and has failed in EVERY diversification that it has attempted

ward white , thailand , europe --- all failures ---

its been milking its dominant position in pharmacy for the last 50 years

CSFB in a research note thinks that because BOOTS makes such huge profits from the NHS ( surely this is obscene given the rationing of certain drugs by some NHS regions) the Office of Fair Trading may support SUBSTANTIAL change in the way pharmacy contracts are awarded

Since Boots makes the bulk of its profits from the Boots the Chemist chain this could be the start of a long period of attrition

all IMHO which is of course bearish in this highly overrated company

[bornonapril1] 17/5/2002 16:16

Brokers CSFB issued a report that downrated Boots to a sell.

The report contained factual inaccuracies and omissions, which I'm sure Boots would like to comment on.

Unfortunately, they can't because they're in purdah pending the final results announcement at the end of the month

[pram] 17/5/2002 10:40

why the drop 2day n e views

[darkman_uk] 13/5/2002 23:23

what's the point in posting the headline here? when we can read it on another page!!!

[darkman_uk] 23/4/2002 23:49

Told you so....!

[zulu001] 17/4/2002 09:37

LONDON (AFX) - Boots Co PLC confirmed it intends to demerge Halfords, its
car parts and cycle retailing subsidiary.

Boots said it believes Halfords is now well placed to continue its
development as an independent company while the demerger will further increase
Boots focus on its health and beauty strategy.

While the board believes a demerger of Halfords to its shareholders is the
most appropriate method of separation, and this process is underway, Boots is
still exploring the possibility of a sale of the business if that will realise
greater value for shareholders.

Boots also said that Rod Scribbins, currently Halfords managing director,
will be the chief executive of the demerged business.
Boots which acquired Halfords in 1989 said the 400-store chain reported a
restated pretax profit of 42 mln stg on turnover of 509 mln stg in the year to
end March 2001. The management expects profit to exceed 50 mln for the year to
end March 2002.