Burberry Share Discussion Threads

[onehanded] 11/1/2006 07:36

Brby misses estimates and revenues down over 20%. sales up 11% but margins cut bit time, overall bad results, BUT the market a funny place. Should go down!!

Wholesale revenues decreased 21% underlying, primarily reflecting
shipment timing differences relative to the comparative period

[rogid] 09/1/2006 13:47

No major selling off yet as some predicted. This could well jump a bit on trading update a la NXT. Would look a good short in that case. Maybe see how the general mood is after MKS news tomorrow.

[pineapple1] 09/1/2006 09:21

Bear squeeze here as i suggested a few weeks ago.It was just a timing thing but felt sure it would happen.
All the shorters favourites like CWD,BRBY,MKS,CPR etc,etc have given punters areal bum smack lately.Its not that i am not bearish on the prospects here its just that i reckon the SB companies play a big part in burning clients positions who are heavily short in certain stocks.If you see large stock on loan %'s and shorters all over the bb i reckon a better strategy is to go long,contrary to your rational thinking.Difficult i know but certainly more profitable.IMHO

[ben nevis] 09/1/2006 09:05

Added short at 448 but what do I know... DYOR !

[onehanded] 09/1/2006 08:02

Hey margin have taken a beating, I'M sure they will say trading ok. Bird flu in a global sense and in Asia will effect trading. Will add to short on any rise today.

[warranty] 06/1/2006 21:32

Best of luck Ben Nevis, still hurting from my NXT thrashing so not ready to short this yet.

[ben nevis] 06/1/2006 18:07

I added at 443.4

Do hope it doesnt do a NXT....

I'll do one more short if higher.

[m.t.glass] 06/1/2006 14:45

I don't count it as passed unless it closes there. Which of course it might.
Edit: And it did ;o(

[countryboy] 06/1/2006 14:30

Well, the 440 mark has been passed. Technically a very strong buy signal.
Will the upward trend continue like I believe, or will all you shorters be right?
You pays your money and takes your choice.

[ben nevis] 06/1/2006 13:31

Joined you with small short. May add, since the cleverclogs is rising...

Agree, the 'real' payment date wont affect shareprice,

but at ExDiv date, share price drops (and shorters pay divi to longers !)


( tho quarterly bets are not affected at ex-div )

[m.t.glass] 06/1/2006 13:15

Divi pay date (2 Feb?) shouldn't affect anything.

[onehanded] 06/1/2006 12:38

I see broker comments positive allowing them to sell into a raising share price. Espically as they do not want to be in at the results. Expect heavy selling from now till results. What date did you make the divi payment date?

[m.t.glass] 06/1/2006 11:59

Anyone who was holding on for dividend has now cleared the xd date (Jan 4)

Deferring the issue of the Share Sale forms from Dec 23 until Jan 4 meant holders hanging on for the divi (xd Jan 4) would not get hit by possible swathe of share sales beforehand.

Edit: Price now testing last July's alltime high of 437.5p
Surely that'll give pause for thought so close to an update?

[onehanded] 04/1/2006 09:49

Today GUS shareholder can start to sell, this will increase for the next 2 weeks. 60% ARE UP TO SELL.

'share certificates for Burberry Ordinary Shares and any fractional entitlement cheques are due to be posted to certificated shareholders by 4 January 2006.'


My short going well. Much more to come

[countryboy] 03/1/2006 14:39

Chart is looking quite strong. If price breaks through 440 resistance point it will be very bullish.
Although there are a lot of individual holders out there from the GUS demerger,
the fact that Burberry is now a pure play adds a premium and it is a world recognised brand, so there should be no lack of large buyers from small sellers.
Shorters beware imo.

[onehanded] 03/1/2006 12:33

Small short from £4.18 (£10) not going so well, but just taken larger short (£50), Footfall states slow sales from 26 Dec onwards , down 12% in shoppers. Going to be a good short to hold on update Jan 11th. Expect retracement to £4 overbought and shorters will soon be out in force. Seen this rise before on little trades.

[warranty] 30/12/2005 18:27

It's the forward earnings that matter and if they look steady shorts will get burned. Been caught on this one before myself so take care all.

[onehanded] 27/12/2005 17:44

Sales seemed ok but margins very poor. So though reports will see a good sales figure, wait to see the margins. You can sell most things if you cut by 50 - 60 %.

[onehanded] 22/12/2005 08:37

They need to buy back some of those shares that are due to be put back in the market in Jan as GUS holders sell. The deal was for brby to keep price from crashing to allow the GUS holders some value. When this ends on Friday, the share price for early Jan will crumble. The only thing to save this will be strong sales and margins from the Christmas period.

[mickconn11] 21/12/2005 19:27

They're doing some large buybacks.

Any thoughts why. ??

[chrysalis] 15/12/2005 12:33

Pressure's on now. Dead cat's bounced once this morning and now there seems to be a tussle between bears and bulls. Reckon it will end around 402 today but would like to see a sub 400.

[chrysalis] 15/12/2005 08:40

Looks like another good day on such a promising start with plenty of selling. However, have just bought back half my stake to lock in profit as there is always a good chance that the £4-00 mark will be a bit turbulent. Whilst I think there is still plenty of downside to come, I've been too greedy before and got hammered and in truth the old nerves are beginning to twitch. The rest I'm just going to let it ride the share price price down on a relatively tight rolling stop loss.

See they had to buy another 2,000,000 yesterday.

[onehanded] 15/12/2005 08:27

Unwins the offie has reported 10 million in debt and unless it sells the company or find extra money it is over by next wed. States sales is worse in 10 years. BRBY turn soon as retailers cut margins to make any money.

[onehanded] 14/12/2005 16:10

Heading to that £4 mark, may meet resistance here. Next stop after that £3.70 -80.