Boot (henry) Share Discussion Threads

[iulia] 18/1/2005 15:47

the FTSE is due for some correction (down), so boots will go down with it anyway, if the results are not stellar the price will go down on the day by at least 2% and there is a good chance it will revisit the 600p zone within a few weeks. still short.

[philo124] 13/1/2005 17:48

Rob, i think your points are well made. I have heard from another
source that trading has been ok. I do not think that Boots is another
WH SMITH which is a basket case. Either the Boots management will get
their offer sorted out or someone else will bid & do it for them.
I recently bought at 640p & would be a holder to 725p then i will
review the situation.
Phil

[roblonduk] 13/1/2005 13:20

All,

The like for like sales may "appear" good but wait until we have the detailed analysis on the impact of the discounting on the bottom line profit margins.

They may have not reported early because they can get around the FSA on sales numbers, but similar or slightly above last years figures will not be good enough for the markets given the aggressive half price discounting even pre-Christmas. They have forfeited further profits in the shorter term (again) and for the third year (but this time more extreme)simpy to keep the top line figures artificailly inflated.

What happens to Boots customers who now have become so use to the discount retailer when it is forced to improve margins and improve profits. They will desert in droves. Discounting does not work other than in the very short term and Boots are now beginning to use it as a long term strategy.The longer they do it the more in difficulty they become.

They will still fall and significantly post the reporting on the 19th...

Rob.

[iulia] 13/1/2005 11:53

I will take it as not being disastrous, but it could still be reasonably bad.

[philo124] 12/1/2005 09:27

Any retailer who has not revealed bad news by now has, by inference has not got any. I have heard the same re Boots from another source.
Philo

[keifer derrin] 12/1/2005 07:01

Typo56

just found this on the Times website which confirms what you just said

Boots Group advanced 16p at 662p as investors took the silence of the health and beauty retailer, amid a welter of profit warnings from its sector, as evidence of a respectable performance over the Christmas period. Given the injunction of the Financial Services Authority that retailers must report any material change in their trading performance without delay, Boots' lack of fresh guidance to date, and its adherence to next Wednesday for its scheduled update, has proved a source of comfort.

[typo56] 11/1/2005 17:50

The FSA warned reatilers that they must come clean promptly to report poor Christmas trading. I think no news from Boots ahead of next week's scheduled statement is being interpreted as an indication that it may not be as grim as feared, and shorts were getting squeezed this afternoon.

[crammy] 11/1/2005 16:06

looking at the charts the next few weeks or so could be fairly crucial

i dont know how to draw charts on the thread but there is a down trending line from mar 04 covering the peak in sep 04 which would equate to 660 - 670 over the next few weeks

there is also an uptrend dating from apr 03 which was the support at 626 in dec 04 and the bounce from 634 last week

the key may be which trend line is broken as they should meet / cross fairly soon and the range could narrow until the forming triangle is broken

again, apologies for no chart but if you draw the lines then you should be able to see what i mean

[psps] 11/1/2005 15:40

may be TSCO are planning a bid

[keifer derrin] 11/1/2005 15:31

there was a mention in Bill Johnson website that there was a rumour going around that Boots had actually done okay over the christmas period, but that was last week., wouldn't explain today's rise

[psps] 11/1/2005 14:27

resistance level yet again

[iulia] 11/1/2005 14:25

HEY, what's going on?

[gables] 11/1/2005 07:37

Head and shoulders forming,next stop 600p!

[praipus] 06/1/2005 12:35

House of Fraser, Next and Ottakers high street not looking too good so far.

[praipus] 06/1/2005 10:08

Thank you.

[typo56] 06/1/2005 09:33

Wednesday 19th Jan, earlier perhaps if they need to warn.

[praipus] 05/1/2005 22:31

Can anyone tell me when Boots announce their Christmas figures?

[frangelico] 04/1/2005 19:35

I've set my stop at 680 - higher than advised - pre-Christmas ups and downs looked like puff to me, but puff often works better than you think. Still 662 had me slightly unnerved, but I think there's enough leeway. I'm hoping for 525 by March. Share Rob's perceptions. Lots of stores had quiet tills, bored staff. Especially the Gadget Store, I thought. Lots of nifty toys, sales staff playing with them, no takers. Bit like a museum - look but no buy. Here's hoping ...

[alphorn] 04/1/2005 10:31

Rob - still have my naked calls in place @ 700p. Boots is one of the high street names IMO that has had its day. They will fizzle out in time as we know them.

[roblonduk] 04/1/2005 10:27

All,

This is looking good this morning down 8.5p so far. I called the Investor Relations Department over the holiday to ask what the news was likely to be over Xmas sales, despite numerous attempts and messages left, they have not replied.

The stores prior to Xmas looked empty to me, although were busier during the post-Xmas sales. What was interesting however, was the tills did not appear to be taking much as most things were already half price - guess shoppers weren't that enticed.

I'll be happy at sub 600p..

Anyone any thoughts

Rob

[roblonduk] 24/12/2004 21:39

Hi All,

Everything's gone quiet on these over the last few days.

I think we seen the absolute top on these this morning on Christmas Eve at 661p. I filled my Boots with a further short at £100 per point, lets see what the New Year brings. This is about to get a kicking, if not I'm giving up on any attempt at share dealing..and for some time.

Good Luck to all

Rob

[jedi shorter] 16/12/2004 15:53

i am tempted.

[roblonduk] 16/12/2004 15:52

Well done mate,

Now get back in at these levels....they are going to get trashed after the gloomy reports post Xmas

Rob