Boot (henry) Share Discussion Threads

[muddy waters] 01/3/2005 09:13

any predictions as to the bottom?

[muddy waters] 01/3/2005 09:13

any predictions as to the bottom?

[keifer derrin] 01/3/2005 07:12

I guess this tradining statement is going to hurt the share price today
---------------------------------------------------------------

Boots Group PLC
01 March 2005


Trading Update

In its Q3 trading update the company indicated that Boots The Chemists operating
profits for the year would be broadly in line with market expectations. Subdued
consumer spending was expected but since then trading has deteriorated further.

This reflects the slow down in consumer spending across the High Street.
The company now expects full year operating profits for Boots The Chemists to be
in the range £465 - 475m reflecting the poorer outlook and slightly higher
operating costs.

A further update on trading will be provided in the pre-close statement in early
April.

For further information please contact:

Investor Relations Media
Chris Laud Donal McCabe
Tel: [phone] Tel: [phone]
Mobile: [phone] Mobile: [phone]




This information is provided by RNS
The company news service from the London Stock Exchange

[alphorn] 15/2/2005 14:32

I agree (hope) that Boots has peaked - the market is still very strong though. Much stronger than my expectations. Time will tell :-)

[iulia] 14/2/2005 21:12

Alphorn,

Sorry, I thought you put the sponsored link for TD Waterhouse in your post, but I found the same in one of my posts, it is obviously an earning gimmick for advfn, which for a free service I suppose it's OK.

I am £15 short, which I opened when the stock was going down, I was lazy and did not put a stop loss at the opening price and before I knew it boot made a strong rally. I believe that the rally will stop soon, as (a) FTSE will go down for a while, (b) the retail sector has a tough time in the UK, and (c) nothing goes up for ever.

[alphorn] 14/2/2005 10:46

Iulia - is this what u r talking about - underlining links?

....eg Lloy/ BAY etc ......."Rob; Off Topic. I never install freeware or shareware. It is an official advfn advertising campaign. It's not appearing today though! Edit: Just been to lloy site & it's there!"......

Your apology is accepted.

[alphorn] 11/2/2005 16:16

Iulia = strange comment. What are you talking about?

I have 700p naked calls open on Boots; hence closer attention to this share price

[iulia] 11/2/2005 15:58

jonjwood and alphorn = time wasters, if nobody would click on their adds they would disappear very quickly

I've been short for some time, and am currently at a loss, I am puzzled by the steady rise, but I believe that this is more to do with the general bull rally in FTSE 100 than with boots the business. It is however getting close to my stop loss, and if it does not turn south quickly I am looking at a loss not far from a grand.

[alphorn] 11/2/2005 09:59

Shares are climbing slowly but surely - how high will they go?

[jonjwood] 04/2/2005 11:11

excuse me
have a look at this free training from some one who showed me how to trade BOOT tax free .....

[philo124] 31/1/2005 10:37

Well the Suday Times report that Wal Mart are interested (amongst others)
in buying Littlewoods & this morning's news that Apax Partners are going to bid for Woolworth's demonsrates that there is still interest in acquiring High Street traders. So maybe as Boot's has underperformed as well,somebody else might be tempted to bid.
Philo

[keifer derrin] 31/1/2005 10:19

Does anybody know the reason for the price rise?

[philo124] 21/1/2005 10:15

Rumour today on Wats hot,com. Nothing New.
Philo

[roblonduk] 20/1/2005 22:04

All,

There was my very short call- closed today at 671.5p today up 9.5p. Thats the resistance level and should be the high for sometime as we now see the re-trace back to £6.32 and hopefully below.

If its up tomorrow, again defying the FTSE I'll be gobsmacked (but hey not for the first time!)

again luck to all

Rob

[iulia] 20/1/2005 10:52

The trading on the day of the results was a bit funny, it went down 2% as I expected but then it rallied strongly towards the end of the day. boot is stronly correlated with the FTSE 100, and a majority of people in the know expect the FTSE to either have peaked, or to peak very soon. And when the FTSE goes down, it will drag boots with it, so my short stays there. The only risk is related to the high M&A activity in the retail sector, an announcement about an offer being considered will send the price up by at least £1

[roblonduk] 20/1/2005 10:39

They should touch 672p and fall back down- but what do I know.

They appear to pivot at £6.55.5 (both up and down) with no short term trend, but according to the consensus of analysts the medium term trend has turned from bearish to bullish this week.In my wisdom to me it still looks like a downward trend.

However, I've reduced my stop loss to £6.80 then I'm out-these shares as they appear to defy logic but when has logic applied to the share market.

Good Luck to all

Rob

[keifer derrin] 19/1/2005 16:59

so hands up, who would have thought that by the end of the day these shares would end up.....

what do people think the will do in the next few months?

[keifer derrin] 19/1/2005 11:30

here is a write up from The Times website, it appears that Merrill Lynch still have a buy rating on the stock although they have lowered the target price

[standish11] 19/1/2005 10:59

Company forecasting better gross margins and CFO confortable with analysts profit expectations.Dividend is also solid and these factors will no doubt put a floor under the shares at or near current level,Chart also consistent with this scenario.

[crammy] 19/1/2005 09:46

the first line of support is the upper trendline i mentioned previously which stands at around 639-40 (trend line dates from mar 2003 recent lows)

already a couple of attempts at it so far. if it can close above this today then there could be a good short term +ve bounce

obviously if it closes below this line then look for further downside

[millardbramhall] 19/1/2005 09:19

Cycle analysis shows an upward potential that should take Boots back to 700p within the next few weeks. It will then flatten out during most of February before a gentle rise once more. Come out of it early Feburary because there will be better opportunities elsewhere.

[roblonduk] 19/1/2005 09:15

Summary of trading statement

-sales up 4.2% in third quarter
-like for like sales up 2.6%
-footfall up 2%
-average spend down 0.4% at £10.89
-gross margins flat
-operating profits meet expectations
-sees full year gross margin "slightly better" than previous guidance
-Chief Financial Officer comfortable with analyst expectations of year end profit of £500-£520m. Similarly comfortable with £490-£500m

Good news or is it?

The points I'd make:

-larger numbers through door spending less
-margins flat whilst sales are up indicates further slashing of margins
-3 years of discounting now makes this a discount retailer in the consumer's perception-try turning that around?
-Profit expectations down some 6% on 2003/4, down 8% on 2002/3
-Earnings per share 2003/4 was 55.88p. Consensus now 48.45p per share down nearly 13%

Down 13p so far..
Lets see them break support at £6.32 over the next 4 weeks

Rob

[philo124] 18/1/2005 17:01

Good Luck. Trading statement tomorrow....
Philo