Boot (henry) Share Discussion Threads

[jonc] 13/1/2004 19:27

Could be but I think I'll stay short.

[high yields] 13/1/2004 17:52

Buying opportunity (IMO) !?

[alphorn] 12/1/2004 20:09

......not if you are running shorts. :-))

[jonc] 12/1/2004 19:02

This chart is looking sicker with each close.

[jonc] 12/1/2004 08:08

Weak this am.

[maplinrover] 11/1/2004 19:13

hopi
You stirred my interest in Boots by inviting me to shop there. Don't blame me because I told you to get rid before you are taken out. Keep smiling; it's only money and that can't buy you happiness. Incidentally Dixons results are out next week as well. The perceived wisdom is that the good supermarket players (Tesco and Morrisons) are taking sales away from the likes of Boots and Dixons. GUS thanks to Argos and Next were also ones to be in but perhaps even these are overvalued now. DYOR.

[m.t.glass] 11/1/2004 18:19

JonC,
Tesco figures are due out Tuesday. It will be interesting to see if - as part of their deliberate targeting of Boots - they give a breakdown with seperate numbers for pharma/healthcare sales. Especially as Boots themselves are issuing a statement later this same week.

mtg

[jonc] 11/1/2004 15:43

MTG,

My local Tescos has a chemists department that is large, bright and has lower prices than BOOTS.

Quite why anyone would make a special trip to Boots beats me.

They remind me of your W H Smith. Nobody in their right mind would establish a chain such as Boots today.

JC

[m.t.glass] 11/1/2004 15:29

The apparent decision (if it's true) that Boots will go head-to-head with the supermarkets on pricing, rather than some intelligent alternative, sounds like madness to me. But maybe the (ex-ASDA) boss knows no other way.

Boots does have a certain standing in the minds of consumers, and to my mind they should exploit that. To go instead for permanent across-the-store low pricing makes them little more than another Superdrug chain. I hope that's not what Baker has in mind.

mtg

[maplinrover] 11/1/2004 15:22

hopi
Did you really buy these am Dec 9? What did you pay,
705p or more? You can't say you weren't given the score on them.

[jonc] 11/1/2004 15:15

Agreed ds.

[dstanley] 11/1/2004 14:47

Don't think that the problem is in head office rather in the high street!
Must be a decent short with little upside and big downside.

[jonc] 11/1/2004 10:39

Good point Bio.

I think the price action will revolve around margins now rather than a recovery some time in the future.

However we shall soon find out.

JC

[biomax] 11/1/2004 10:02

cutting jobs is good news, the stock may go up

[jonc] 11/1/2004 09:49

Seems as though BOOTS will announce lower profits for the next two years before restructuring costs.

[jonc] 09/1/2004 19:06

What's that whiff?

[jonc] 07/1/2004 13:41

This chart looks ominous.

Down we go.

[m.t.glass] 05/1/2004 09:43

"..Tim Mason, Tesco's marketing director, said: "We have been winning customers from Boots consistently for several years. This will keep the pressure on the high street and them in particular. They do charge significantly higher prices for many identical products..."


In towns where the supermarkets (as yet) have no pharmacy, I guess Boots still have an edge in that area. The presence of an onsite pharmacist does lend a certain aura not available to the downmarket discount drugstores. But can I ask those on this thread who do shop at Boots; what is it that shoppers specifically go there for?

My last visit several weeks ago was specifically to take up their advertised offer of a hearing test at £10 (large ad in expensive national broadsheet papers). I didn't buy anything in the store and wasn't pressured to buy or consider any hearing aids. Nor were there any marketing posters visible from the seated waiting area to lure me to other departments. Nor has my data been used for any follow-up marketing. Prior to that I don't think I've visited Boots stores more than about twice a year in the past few decades. Most other stores I imagine would have made such offers contingent upon expenditure, such as "Get a comprehensive hearing test for £10 (normally £25) for yourself or a friend/relative when you spend £25 or more". Or would offer discount vouchers to other inhouse healthcare services (eye test, pedicure, whatever) as rewards for consistent expenditure. Not Boots.

[m.t.glass] 20/12/2003 00:45

That 739p high (744 intra) was a bit of a freak occurrence (can't believe you really shorted precisely on the peak CM - pray tell us what signal you saw? It was only there a couple of hours!). It is on my watchlist for shorting sometime soon.

mtg

[cheeky munky] 16/12/2003 09:25

Nope, this share is heading down to £5.30 or below, I shorted this at £7.37, now sitting on a nice cash lump and still looking to double that!, if your not long on this then get out if your showing any kind of profit.