Burberry Share Discussion Threads

[onehanded] 30/9/2005 12:48

Hi, time to set up some more shorts.

[onehanded] 14/7/2005 08:31

Expect this to drift back around £4 over the next week or so.

[mickconn11] 13/7/2005 09:42

Agreed but the bulls are in charge at the moment. Will let the dust settle first.

[onehanded] 13/7/2005 08:20

Worth a short at this level. Update does NOT include loss since london bombing which I hear is at least 50% down. This WILL included in results next time.

[grevis] 11/7/2005 01:07

Merrill Lynch raised its earnings-per-share forecasts for Burberry by 8% for 2007 and 2008 primarily to factor in the benefits associated with the Atlas project. The broker raised its price target to 475p from 430p

[grevis] 06/7/2005 14:14

Merrill Lynch raised its earnings-per-share forecasts for Burberry by 8% for 2007 and 2008 primarily to factor in the benefits associated with the Atlas project. The broker raised its price target to 475p from 430p

[grevis] 17/6/2005 00:13

Burberry confident about future after raising FY underlying EBITA 16 pct UPDATE
AFX


(adds detail on infrastructue redesign plans)

LONDON (AFX) - Burberry Group PLC said it is confident about the future after it raised EBITA, operating profit before goodwill amortisation and exceptional gain, by 16 pct to 165.5 mln stg.

Pretax profit for the year from the international luxury brand 66 pct owned by GUS PLC was 164.4 mln stg, up from 140.3 mln.

Total revenues increased 10 pct on an underlying basis, 6 pct on a reported basis.

This includes an 8 pct rise in underlying retail sales, up 3 pct on a reported basis. Wholesale sales were up 9 pct underlying, 6 pct reported, and licensing revenue increased 19 pct underlying, 17 pct reported.

In the year under review, gross profit margin increased from 57.9 pct to 59.3 pct.

The group raised the final dividend by 50 pct to 4.5 pence for a total dividend of 6.5 pence, up 44 pct.

Chief executive Rose Marie Bravo said 'Together, we look forward to the current year with confidence while continuing to execute our growth strategies and launching a major infrastructure redesign initiative in order to generate value for shareholders over the long term.'

In line with the ongoing execution of its core growth strategies, Burberry's plans for the 2005/06 financial year include an approximate 8 pct increase in net retail selling area through the addition of new stores and concessions and expansion of existing stores.

Burberry said that, in the first quarter to date, consumer response to spring collections continues to be muted in certain markets.

It reiterated earlier predictions that first half wholesale sales will be broadly flat relative to the previous year based upon orders received to date for the Autumn/Winter 2005 season. It also said more moderate licensing revenue growth relative to the second half of 2004/05 is expected.

Revenues from Japan are expected to decline moderately for the year as a result of Burberry's programme to reduce selectively the distribution of certain products in this market, a soft apparel environment and planned licensee cancellations/transitions.

Global licensees are expected to continue to produce strong gains.

Burberry said its capital expenditures are planned to total between 35 and 40 mln stg in the year ahead.

Moving into 2005/06 and beyond, Bravo said Burberry is launching a major programme to redesign its business processes and systems, creating a substantially stronger platform to support the long-term operation and growth of the group.

It said the large majority of required capital is scheduled to be invested during the initial three years of the project. Over that period, the group expects to invest some 50 mln stg in associated expenses and capital expenditures, with approximately 18 mln invested in 2005/06.

In its third year (2007/08), the programme is expected to generate over 20 mln stg annually in direct expense savings across the supply chain and general and administrative costs.

Bravo said these benefits are expected to be greater in future years.

She also said costs associated with investment in new business processes and systems will affect reported earnings per share over the next three years.

However, she reassured that existing revenue growth and profitability enhancement initiatives, combined with the impact of the share repurchase programme should allow the group to continue to deliver strong underlying growth in EPS over the three year period.

[grevis] 17/6/2005 00:11

Merrill Lynch raised its earnings-per-share forecasts for Burberry by 8% for 2007 and 2008 primarily to factor in the benefits associated with the Atlas project. The broker raised its price target to 475p from 430p

[onehanded] 01/7/2004 11:47

Started a new thread ready for the build up in Nov.

[onehanded] 22/6/2004 08:17

I see shorters setting up for gus stake sell

[alexx] 18/3/2004 15:47

just went short this morning, it's had a very sharp run up recently, now looking a bit ill?

Part of a move to towards market neutrality

EK also been short a long time and he's right on fundamentals more often than not

[jonc] 03/2/2004 10:30

Bit of strength today but still short.

[energyi] 29/12/2003 12:16

Here's another two charts:
DAILY: 12 months


DAILY: One Month


The One Month charts makes it easier to see the Volume.
The Low on 24.Dec was on virtually no volume, and as such looks like
a buying opportunity. If BRBY rise back to 375P or so on light volume,
it may be time to short again.

[uncle-bob] 17/12/2003 23:04

There was a report about a week ago, on Japanese retailers suffering. Throw in general retailer woes (specifically clothing), weak dollar, and the fact that fashion fads don't last forever and I think this is a pretty good short now. I think the recent dramatic falls of LMC does show investors are becoming wiser and are looking at inherent value. This share, while not as inflated at LMC, does rank alongside it as a well-known mystery of valuation. So I reckon it'll break soon and when it does it could be spectacular.

[scrapman] 17/12/2003 22:12

funny share , this one seems to have all the support in the world and no one on any of the boards follow it, or at least comment on it, oh well lets see what happens

[millennia] 17/12/2003 09:04

did somebody say "sars "

[onehanded] 30/11/2003 10:30

FTSE 100 resuffle Dec 12th closing price. This is 99 needs to get 90 to get in. At today standing £4.08p will do it. I have a view it may well get pushed that high. Gus have said no more share sales for 360 days.

[onehanded] 25/11/2003 16:45

Glad I closed short. This could get into the ftse 100 if shares drop and this get up to a new high. Will short again at last day of this year trading if it's over £3.80p.

[onehanded] 19/11/2003 15:14

Closed shorts for a fair old profit. Stabilization notice means price will hover around £3.60p as the £100,000 buys are to keep the price at that level. At the end of the 30 days it will be time to short again.

[millennia] 19/11/2003 10:12

just incredible .morgan stanley upgrades the stock today .it ,by the way, is the co- lead manager placing the shares this morning !!!!! i'm sure their analyst did not know this ,of course ,before upgrading !!!

[onehanded] 19/11/2003 08:06

Here we go Gus sells 10% stake in BRBY and plan to sell the other 67% over the next year. Another 10% soon. No reason to buy when there is a massive overhang.

[onehanded] 18/11/2003 09:43

Results just above expected forecast. Now comes the interesting weeks. Bound to be brokers upgrades, then they will sell into it. Any sniff of director sells or large sells may indicte Gus ready to place. Only have 2 shorts from £3.98 and £4.06. Just sitting and waiting.

[onehanded] 17/11/2003 08:52

Get ready to see Gus place shares next weeek. Short from friday as I said. Sell off after good results and then place around £3.30p is my guess making a healthy £1 profit for Gus on every share owned. Watching to see if directors sell after results if they do as this will indicate a Gus place. Would add short on any such news.

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