Brown (n) Share Discussion Threads

[john09] 20/5/2021 11:06

Bolton Blackburn etc + inflation concerns put the scuppers on the clothing retailers. Ed and Superdry went balistic and have since parred back. This dropped back to prior to today

I said that i wished i had more funds to buy more, obviously glad i didnt on this short term dip

[john09] 20/5/2021 11:01

Well as i said, downside to 65p possible, upside was immense today. That’s trading 👍

[jackson83] 20/5/2021 10:26

HUGE SELLING continues.

[qsmeily456] 20/5/2021 10:24

Online sales FELL in the pandemic

Website is 💩 looks like its from the 1990's

No brainer to 🩳 you were warned weeks ago 🤣💦💦💦8166;💦

[jackson83] 20/5/2021 10:24

PE of 6.7 looks fully valued with a huge market cap of 300m

[qsmeily456] 20/5/2021 10:23

Like your team 💩

🩳🩳🩳🩳 doing really really well thanks J🔧🤣💦🍾
29346;

[jackson83] 20/5/2021 10:19

changed it to 63p as selling / shorting is relentlessly going take it down now.

[jackson83] 20/5/2021 10:07

got a buy order in at 64p

[jackson83] 20/5/2021 10:04

so looking like a profits warning folks ... get you cash out before its in the 59p's again.

[jackson83] 20/5/2021 10:01

where is the divi news ? maybe in 2023 ... we are down vower 10p from 3 days ago

[jackson83] 20/5/2021 09:58

where is the divi news ? maybe in 2023

[jackson83] 20/5/2021 09:54

has huge debts and the market does not like this ... 60p soon

[middlesboroughfc] 20/5/2021 09:52

Smart money coming in and a family loves a dividend. they will not want that dragging on for much longer!

[middlesboroughfc] 20/5/2021 09:49

says the man who wants to buy in

[inever] 20/5/2021 09:41

Compare and contrast Brown's performance to that of Studio Retail who have a year end of March and will report their finals next month.They have added 500k active customers in a year when Brown's declined by 500k.Sales and profits all flying and sales growth accelerating. The price earnings ratio is about 6.Studio has 84m shares in issue so the market is tight. Schroders are big investors in Studio as well as Brown. Mike Ashley is stalking Studio holding 36%.I sold out of Brown last November that share issue was announced. I bought Studio and Reach so can't complain.DYOR but this Brown statement was predictable.

[paulof2] 20/5/2021 09:38

Actually thought the results themselves aren’t too bad, every business that hasn’t boomed through covid will have dumped costs in before year end and if they release the £15.4m provision in FY22 that’s a nice little profit booster. Nice to see some of the brands returning to growth in Q4.

However, what I found very disappointing is their FY22 guidance. Unless it’s incredibly over conservative owing to further potential lockdowns I don’t think 4% overall revenue growth at the top end is good enough.

They’ve massively improved the debt situation through the raise and a decent cash flow so why aren’t they throwing loads of marketing at it as everything opens up? Not expecting boohoo / asos like growth but I’d have liked to have seen at least 7% growth expected from a lower base.

[niggle] 20/5/2021 09:31

John - you have a filter button.

Well, they’re still in profit, but over all, it’s a poor performance for an online retailer.

Low p/e supports the view that they will stagnate under family rule. I remember Barratts doing much the same in the ‘90s.

With so much family control there is little investors and investment companies can do to influence the board.

If the family decide we get a divi, then we will but it’s doesn’t seem very close on the horizon.

Until then we’ll just limp along I guess. All I see is disappointment ahead.

[middlesboroughfc] 20/5/2021 09:29

Online retailer making 100m profit. Looks good to me


Dividend to resume soon too

[saltraider] 20/5/2021 09:28

High PEs for on-line retail reflect strong growth expectations. As things stand, N. Brown is looking decidedly sluggish and anything but agile and athletic going forwards. I am long here btw but beginning to think I'm seriously overweight.

[middlesboroughfc] 20/5/2021 09:25

looking feisty

blue later anyone

[middlesboroughfc] 20/5/2021 09:14

online retailer most are on a PE of 40



this be a PE of 6

[inever] 20/5/2021 09:00

The statutory EPS of 2.63p was calculated using a weighted average shares in issue of 315m. This increases to 460m from now on thanks to the issue of 170m shares last December. For statutory EPS to stand still at 2.63p next year, profit after tax has to increase by 46%.

[jackson83] 20/5/2021 08:50

the share price action does not lie RED FLAG ... SELLING

[jackson83] 20/5/2021 08:48

huge volume of selling in just the last 48 mins ...