Burberry Share Discussion Threads

[jxwire] 15/5/2024 14:06

It seems like Burberry will keep falling for the foreseeable future- but I don't think it will go the way of superdry, which was always a cheap feeling brand, almost a gimmick. The uk market for luxury goods isn't great now. But there is certainly a strong hunger for euro luxury brands in Asia - as the new upper and middle class groups there consolidate their status; but probably something left as a potential future buy once the uk market maybe catches up with inflation a bit, and china's massive economy untangles itself from bidenomics - although those things will take years to develop guess

[essentialinvestor] 15/5/2024 13:53

Maintenance of the divi given a rapid rise in net debt is arguably very foolish.

Bid may be the best outcome.

[justiceforthemany] 15/5/2024 13:48

10 year historic average for BRBY is >2000p so of course it is a firm takeover target. All luxury is down currently but rates are coming down next month and these things are cyclical.

[justiceforthemany] 15/5/2024 13:47

Distribution is the bulk of the revenue, NOT wholesale.

[trying2trade] 15/5/2024 13:21

I am not invested here or several places you post. I just like to read around. Any mug can shout on a board when a share is down 5% on the day. Never once seen you call something to move up. Or do you just short thing and claim it after it happened?Have some balls and give us your winners for the next year or continue hiding in the shadows until you can say I told you so with no evidence?

[havinthelasttoast] 15/5/2024 12:54

How come you are on all the dogs also.

I treat you rampers the way you all deserve to be treated and how you treat anyone that is justly negative. I let the share do the talking here. Ya clown. Do you ever stand up for the so called derampers who are consistently correct but are all shouted down. All you muppets are scum to me and I treat you as such but I do love you, without you it’s not possible. In a zero sum game someone got to take the pain.

Yeah it is different than Superdry in terms of brand but the economics are the same. If you had have listened in the conference call you would know it’s going the exact same way. It takes time, Marshall wace knows. I am happy with 15 percent they go for the kill.

[trying2trade] 15/5/2024 11:21

Superdry and Burberry, like comparing Kia and Aston Martin. Whatever qualified statements you have to make on stocks (I've seen on many many threads now) you always manage to make yourself look an insecure bully. What do you actually hold because you just appear to be negative on everything I see.

[havinthelasttoast] 15/5/2024 10:14

Investor call terrible hence the tank.

Total carnage call

[johndoe23] 15/5/2024 10:11

Looks a short, however some companies defy gravity a lot of the time

[havinthelasttoast] 15/5/2024 09:44

Sure you try to help the PI by telling them but they it’s all a conspiracy to them.

Current p/e is 15, do you think that’s fair? Given that wholesale is now warned to decline 25 percent this year. A 25 percent drop in revenue, not profit ! What will that do to profit. Forward p/e is likely about 40 currently. Woof woof.

This woofer is out of fashion and will go the way of Superdry.

[topazfrenzy] 15/5/2024 09:28

All the anti China noise does not help here. With the US slapping 100% tariffs on Chinese EV cars etc, and with Europe likely to follow, then China might well respond with tariffs on luxury goods. So however you look at it, Burberry is in trouble on many fronts. These brands that are already in trouble can quickly sink and then rescued for pennies so buyer beware.

[hamhamham1] 15/5/2024 09:09

Am up plenty thanks, don't you worry ;)

[havinthelasttoast] 15/5/2024 08:39

They will rug pull for you bag holders in the next days/weeks.

Zero positive in that update, only a further warning. I honestly can’t believe the price here. Sure there is a takeover risk but that’s the same with any beaten down stock, it’s a strong short.

[havinthelasttoast] 15/5/2024 08:37

Ham, remember the bounty Hunter.

You are the dog hunter. Thg,asos,boohoo, Superdry. Here.

You used to call it the dirty 50 shares you had. I laughed my balls off when you said what was in it. Basically you buy all the stocks that have fallen 50 to 90 percent.

Ya daft mug. Lovya x

[hamhamham1] 15/5/2024 08:19

There's some plums on here :)

[action] 15/5/2024 08:06

Divi maintain. 1100p again exd

[huckers] 15/5/2024 07:49

If it drops this morning, I am hoping to add a little to my position. Can see positives as well as obvious negatives in the results. This could bottom soon ahead of a slow recovery late in the year.

[laurence llewelyn binliner] 15/5/2024 07:47

We hit guidance and have a 42.7 pence dividend to come in..

Will it be bought or sold.. :o)

[havinthelasttoast] 15/5/2024 07:34

Profit is 270m and the outlook is bad so even if you gave an 8x PE because outlook means profit will likely half from here then you get a share with half the current share price. The dividend yield will look ridiculous good to some mugs but that will be cut in due course.

No wonder Marshall wace increased their short to 2 percent.

This share is worth 500p only because of a takeover opportunity.

[havinthelasttoast] 15/5/2024 07:11

Hahahahah.

Total shocker ya donkey, as you well know. You love buying the dogs hoping for a bounce.

Not only was margin destroyed to 14 percent on flat revenue and earnings fell nearly by half, this also. This company will go bust at this rate.

OUTLOOK

In the context of a still uncertain external environment, we expect H1 to remain challenging. We expect to see the benefit of the actions we are taking from H2. Wholesale revenue is estimated to fall by around -25% in the first half as we increase control of distribution. We will continue to balance investment in consumer facing areas with disciplined cost control to support our growth ambition. We have identified cost savings to enable us to offset the impact of inflation in the second half. Based on foreign exchange rates effective as of 25 April 2024, we now expect a currency headwind of c.£30m to revenue and c.£20m to adjusted operating profit in FY25.

[hamhamham1] 15/5/2024 07:09

Up we go me thinks, that RNS wasn't as bad as market forecast IMO. And the share price has halved recently.
But who knows? :)

[laurence llewelyn binliner] 14/5/2024 17:44

#Huckers, we will soon see if the progressive dividend policy is maintained (+5% at the current SP), and where we are in the reduced guidance GBP410-460M range of earnings..

The share price is on its back and the same as the Covid/March2020 low when the stores were all shut, GBP400M share buyback completed October 2023, interest rates should begin to ease 2/3 months out from now increasing disposable income, I have taken a starting position ahead of results and will look to double down over 2024, there is a lot of room for the turnaround and recovery when shoppers can start spending again..

LVMH has gone from EUR300 to almost 800 since March 2020 whereas BRBY has been flat over the same period, so the brand has lost some of its sparkle..

[huckers] 14/5/2024 11:33

Prelim results tomorrow.