Burberry Share Discussion Threads

[johndoe23] 26/6/2024 12:32

Is this,ex div tomorrow?

[dan_b999] 19/6/2024 22:23

Abercrombie and fitch?

[pugugly] 18/6/2024 20:09

JD- Moving but further down after your above post -

[johndoe23] 18/6/2024 15:01

Even in an up day this isn't moving

[havinthelasttoast] 15/6/2024 23:22

Woof woof. Next stop 700

[laurence llewelyn binliner] 15/6/2024 16:04

These guys have been in business since 1856 and moved with the times, refreshed or reinvented their product line over 168 years, we will have to wait for the strategy to reverse their fortunes, but interest rates and disposable cash directly impact buyers shopping patterns, rates should turn very soon, unlikely before the GE but 01st August Could be the turning point..

Could they get it wrong..? of course, but BRBY is a power brand with a global reach and solid history, could they become a MnA target, maybe LVMH are looking now..?

[pugugly] 15/6/2024 15:26

And very difficult and expensive to try and revitalise an out of favour brand the consumer has rejected and in my experience over 90% of attempts fail - all they tend to do is keep a leach of company funds alive for a bit longer. Marketing 101.

OK a strong brand can benefit from occasional refreshes but must be done carefully to avoid upsetting current aficionados

[cynicalsteve] 15/6/2024 14:46

Nick Train and others talk about the value of brands but not all brands are equal. Burberry sells 'nice to have' luxury goods, real luxury brand owners sell 'must have' luxury goods. New brands are born and old brands die, if you invest in a new brand early (and it really is a new brand, not a fad) you make a lot of money, if you invest in an old, dying brand you lose a lot of money.

[bookbroker] 15/6/2024 14:44

Also knows how to pay himself millions in other people’s money!

[porsche1945] 15/6/2024 13:10

Burberry isn’t a premium brand and is massively reliant on China/Asia which are currently getting fxcked, next to go will be the dividend, in the coming market meltdown could see this with a 7 in front of it, plus Nick Train owns it and he knows how to pick a U.K. dog stock.

[mr euro] 14/6/2024 15:26

Had mixed results with this dog.

Maybe they will get snapped up but I wouldn't invest on that premise personally. I look around and not many people wear this brand these days, certainly when compared to a view years ago.

[fuji99] 14/6/2024 12:47

Even during Covid when the whole world was shut down, the dividend was maintained.
Ex. divi this year is on 27th of June (42.7p).

Dividend was covered since 2006 - except in 2020 - full blown Covid effects.

[fuji99] 14/6/2024 12:45

In any case during Covid with China and the rest of the world totally shut, BRBY was doing well.
China is not a big part but the US and Europe are its largest markets.

[everhopeful3] 14/6/2024 12:15

What is the chance that the dividend will be cut this year? Cover was poor on last year's EPS

[pugugly] 14/6/2024 11:17

SP Angel today "China – Luxury brands discount products at an unprecedented rate in China in a sign of waning local consumer spending
• Balenciaga is reported to have averaged a 40% discount on sale items in three of the first four months of 2024 (Bloomberg).
• The brand has also more than doubled its number of discounted products on Alibaba’s e-commerce platform called Tmall.
• The Company only discounted items in January and at an average of ~30% in 2023 and no markdowns reported in the first four months of 2022.
• Other brands like Versace, Givenchy and Burberry are seen cutting prices with some by more than half.
Not good news . share price could well (imo) continue to be soggy - Anyone know how much of Burberry turnover is in China?

[freedomexpress747] 11/6/2024 14:49

Having dipped a toe in the water here, would suggest a free Burberry outfit to every Chancellor that brings back tax free shopping!

[investtofly] 11/6/2024 07:27

#Fuji99, XD 27.06.2024 for the next buying opportunity on the post XD weakness, possibly sub 1000 if the slide extends afterwards, then July for the Q1 trading update..1st interest rate cut could be August 01st after the GE, June 20th looks unlikely IMO..Unless it's The Tories' last bid to bribe the voters

[fuji99] 06/6/2024 14:22

Hedge fund short sellers burnt by flurry of UK takeover bids:

[laurence llewelyn binliner] 04/6/2024 13:32

#Fuji99, XD 27.06.2024 for the next buying opportunity on the post XD weakness, possibly sub 1000 if the slide extends afterwards, then July for the Q1 trading update..

1st interest rate cut could be August 01st after the GE, June 20th looks unlikely IMO..

[fuji99] 04/6/2024 13:26

Opening of new stores in China.

[fuji99] 29/5/2024 15:06

New stores in Germany.

[trying2trade] 21/5/2024 18:22

Love it toast. Best 80k you never spent that website traffic gimik of yours.

[fuji99] 21/5/2024 09:15

For me it's the opposite:
It ticks all the boxes:
1/ Very well established old British Company
2/ Lowest share price for 5 years
4/ Excellent dividend yield cover of 5.5%
5/ Present weakness may attract a takeover bid

During Covid, while all its shops were closed, its share price was hoovering between £12 an £13.

So one has just to keep it in an ISA, be patient, collect dividends , while events unfold ...

[havinthelasttoast] 21/5/2024 08:13

Can’t help the mugs.

May is on track for the worst data on website for 2 years year on year. It’s a proxy for the brand as well as a direct indicator of web performance.

700 short term target. Avoid

[laurence llewelyn binliner] 20/5/2024 17:29

#EssentialInvestor, exactly what has bought the share into my line of sight, weak financials/revenues/profits and a turnaround waiting/wanting just as interest rates start to soften..

15.05.2024 - executing our plan against a backdrop of slowing luxury demand has been challenging. While our FY24 financial results under performed our original expectations, we have made good progress refocusing our brand image, evolving our product and strengthening distribution while delivering operational improvements. We are using what we have learned over the past year to fine tune our approach, while adapting to the external environment. We remain confident in our strategy to realise Burberry’s potential as the Modern British Luxury brand and in our ability to successfully navigate this period.

19th July for the Q1 update to see if that is hogwash, or any green shoots and the makings of a turnaround strategy coming in H2.. :o)