Brown (n) Share Discussion Threads

[ivancampo] 26/1/2017 18:22

What rationale?

[bouffie] 26/1/2017 17:54

Hope it was wishful thinking as I've just put a short on

[cw2000] 26/1/2017 17:12

Found the source:

rumours of a bid from [insert name here] at 375p

The great thing is that it's valid for any stock you post on!

[bouffie] 26/1/2017 16:57

Where have you got that from?

[ivancampo] 26/1/2017 15:56

You're kidding.

[larva] 26/1/2017 15:48

rumours of a bid from Amazon at 375p

[ivancampo] 26/1/2017 15:45

Less worried now. Great move up.

[ivancampo] 26/1/2017 13:05

75% long now albeit on a very small number of clients. I don't understand the bear case from this level, so I'm missing something.

[cw2000] 26/1/2017 12:58

@ivan
Does that mean that 76% are long?
Does this worry you less or more.
Please discuss...

[ivancampo] 26/1/2017 09:00

Hoping we're getting through the overhang a little, large trade reported after hours of over 2.5m, seems 220 is a resistance. Something been holding this back, IG reports 24% of their clients are short which unnerves me a little.

[ivancampo] 20/1/2017 08:33

So thats the reason you're short?

[larva] 19/1/2017 11:50

Wait till the FCA says they cant charge 100% interest



The FCA is now N Brown’s regulator, having taken charge of regulating retail consumer credit products from the Office of Fair Trading in 2014. N Brown, which is currently going through the process of getting full authorisation, flagged the FCA as a key issue on its full-year results call with analysts last week. “We come into the year really acknowledging that it’s going to be a difficult year ahead with the switch of platforms and also the movement towards FCA regulation,” said the company’s chairman, Andrew Higginson.

N Brown said “typical”; credit limits are between £100-£450 and that it “never” asks customers to pay more than they can afford. “We take a very proactive approach and if customers do fall into financial difficulty we work with them to find solutions,” a spokesperson said via email. The interest rates N Brown charges “reflects the risk of credit customers we are trading with,” they said.

[mister md] 19/1/2017 09:58

the market is impressed and rightly so

[ivancampo] 19/1/2017 09:57

Wouldn't want to be short today!

[solonic] 19/1/2017 08:47

Who wrote all that and when?

[larva] 19/1/2017 08:43

Gross margins in decline

Finance going backwards which is what they make most money on

[mister md] 19/1/2017 07:26

Decent update.

[cw2000] 19/1/2017 07:19

A very thorough TS. Better than the usual 2 lines one gets from other companies.
A lot to like, whilst early days, perhaps this worm has turned!

[cw2000] 12/1/2017 12:38

Trading Update due next week: 19th Jan

[brando69] 04/1/2017 15:08

divi forecasts for 2017 are 14.24 - .01 up on 2016. at current rate that's around 7%. unless this is going to break its recovery it makes it a very good growth+value play

[aleman] 03/1/2017 18:24

Not a holder but you might like to know that the General Retailers Index closed down 1.94% today. Omline is estimated to have had a good Christmas with sales up 20% at the start of December easing to around 6%+ at New Year. Bricks and mortar stores started slowly and got worse - footfall 2-3% down early December and down in double figures towards the end, aggravated by the way the shopping days fell. Online estimates and footfall are not the same as actual sales and profits but bricks and mortar retailers are anticpated to have done badly, with import price rises still to feed in, so shop closures and redundancies in 2017 are now expected to be worse than last year. It seems difficulties are getting worse for retailers in 2017 rather than abating. Obviously there will be winners and losers, depending on all sorts of factors, but mainly online offerings and delivery infrastructure. Here's a couple of examples of the type of media coverage retailers have been getting:

[danieldruff2] 03/1/2017 16:56

Next was also bad, they were downgraded to hold today, a case of sector specific pressures

[davr0s] 03/1/2017 16:47

Poor day - reversed last two weeks gains. Any hear any news ?