Brown (n) Share Discussion Threads

[masurenguy] 20/1/2022 07:14

Q3 TRADING UPDATE FOR THE 18 WEEKS TO 1 JANUARY 2022

Strong peak performance in Clothing & Footwear with continued growth in strategic brands

Highlights

-- 5.5% growth in product revenue from strategic brands

-- Strong performance from Clothing & Footwear through peak trading; Home & Gift lower year-on-year against tough lockdown comparatives

-- Returned to year-on-year growth in active customers

-- Financial Services revenue trajectory steadily improving

At 1 January 2022 the Group had unsecured net cash of GBP33.5m. The RCF of GBP100.0m and overdraft of GBP12.5m are both fully undrawn. The securitisation facility was voluntarily underdrawn by GBP49.9m and can be redrawn if required. Using cash balances to offset the securitisation facility is delivering greater balance sheet efficiency and interest savings, whilst the facility remains available for drawing.

For full year FY22 we expect to report Adjusted EBITDA(4) between GBP93m and GBP96m, which is at the lower end of our previously guided range, reflecting the online market conditions and a slightly higher level of project spend now being expensed rather than capitalised.

Steve Johnson, Chief Executive, said:"The business has performed resiliently over the peak period and our colleagues have worked tirelessly to deliver for customers in challenging circumstances. Against the backdrop of Covid uncertainty, a volatile consumer environment and well-documented supply chain issues, the continued growth of our strategic brands has been particularly pleasing, as has a return to growth in active customers. We are now seeing more people than ever shopping with Simply Be and Jacamo. JD Williams is also resonating well with customers, particularly on the back of our successful partnerships with Amanda Holden and Davina McCall. We have continued to execute on our plan and, looking ahead, will continue our strategic investment to transform the business, supported by a robust balance sheet and a strengthened executive team ."

[netcurtains] 19/1/2022 10:11

I've bought a few.
Its 97% of a netnet stock . This means if you deduct the current assets from total liabilities the remaining asset value is greater than the company's market cap.
Eg if the company goes bust you make a profit as an investor.
In our case we're 97% a netnet - this is the cheapest, bar none, retailer in the UK to buy.

[ali47fish] 19/1/2022 10:07

currency are you sure has it been notified

[jackson83] 18/1/2022 01:57

if we see 15p I will sell more to buy more lol ...
cash is king

[jackson83] 18/1/2022 01:28

overvalued or cheap now ? I will risk a top up at 25p after results then.

[jackson83] 12/1/2022 19:55

the low was 10p so I will top up at 20p on or after results ... nobody buying only shorting lol

[jackson83] 12/1/2022 16:22

the low was 10p so I will top up at 20p on or after results ... nobody buying only shorting lol

[sidam] 30/12/2021 17:03

For the record, I am not a chartist but it does look as though the downtrend in place since June may have been broken. Let’s hope for a happy new year.

[masurenguy] 30/12/2021 16:32

This may have now bottomed out with a 14% uplift in the shareprice over the past couple of weeks.

[red ninja] 16/12/2021 14:17

I believe they have said dividend will be considered towards end 2022 which is prudent given outstanding legal spat with Allianz.

[alba_gu_brath] 16/12/2021 13:22

Trading update on January 20th - hopefully good news. Had risen into the issue if results in the past....

Will they announce a dividend?

[jackson83] 15/12/2021 18:15

worth a punt at 37p now as hope from an ok trading update , no profits warning this could boom to 45p next year. with a return to dividend expect 50p and if profits are off the scale / great growth maybe 55p ... we need the directors / funds to top up on RNS DAY soon ... 37p sound expensive but if the company can grow sales / online could double ... I thought the low would be 45p lol

[jackson83] 13/12/2021 01:06

probably find that the directors will load up big at some point this year in 2021 .. toped up in the 37p's today

[jackson83] 10/12/2021 16:30

panic selling / banking profits from 10p days I guess . toped up

[jackson83] 08/12/2021 16:38

WHO IS SHORTING THIS AND WHY ??
are a lot still shorting this ... the insiders have more information than me lol

[jackson83] 08/12/2021 16:36

looks like some have taken profits again today as with the last few months . no takeover approach so possible its expensive now.? never say never ... must be a reason its unloved or are we expecting a winter sale lol.

[jackson83] 08/12/2021 16:32

seems expensive now lol as was under 10p last year ... its 75% more to top up now and covid19 new strain a worry I guess ... I will wait for 25p or if we get a xmas lockdown or one next year we can all top up at 10p again

[retire rich] 07/12/2021 16:55

The dizzy heights of 40p I thought the trans 3 sisters would be posts trash

[rainmaker] 07/12/2021 16:05

A shop interest free on all purchases for 6 months with nothing to pay today offer. Together with well known celebrity endorsers, I expect the Company to trade very strongly over the all important Christmas trading period.


hxxps://www.jdwilliams.co.uk/


AIMHO, DYOR

regards

[jackson83] 03/12/2021 08:55

DOES ANYONE SHOP ONLINE STILL LOL.
wat has changed ? this time last year we were above 60p's ... is online dead lol.

[jackson83] 03/12/2021 08:53

bought back in yesterday at 37p ..
my next top up will be at 30p then 20p then 10p lol

[jltaylor1001] 01/12/2021 08:39

Up 8% can't see any news ?

[john09] 30/11/2021 18:05

Suprised the family arent taking this private whilst its this low

[jackson83] 30/11/2021 17:56

I had a top up of 150k shares today ... absolutely a bargain now.

[jackson83] 26/11/2021 14:33

Paulof was the number 1 poster with superb info & unfortunately he has vanished or moved onto better quality stocks lol..
They are thought to have some cash in the pot ? anyone know if they will need funding anytime soon to grown online sales