Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Colefax Group Plc LSE:CFX London Ordinary Share GB0002090453 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 415.00 400.00 430.00 425.00 415.00 425.00 0.00 08:00:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 78.4 2.2 21.4 19.4 58

Colefax Share Discussion Threads

Showing 201 to 225 of 225 messages
Chat Pages: 9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
14/9/2020
07:55
Not bad results in the circumstances - can’t see why such a cash rich Co is not paying a dividend ( although their dividend has always been miserable ) - a They should use their cash for more buybacks
salver2
21/2/2020
19:30
Looks like a buyback of 270000 shares
salver2
28/1/2020
11:07
Reluctantly agree with that assessment. I posted the very large amount of shares you could buy online recently and that was perhaps a large clue of what was to come. And remember a free trade agreement with the EU is also vital for the business. CFX, unlike WGB do not manufacturer product. They are importing that.
essentialinvestor
28/1/2020
10:59
Don't forget the currency advantage either. Strikes me there is something seriously lacking in the companies competitive advantage to be unable to grow. It may be a well run ship but one that has no competitive vision. Not wanting to be negative but that sums it up. No wonder the share price is well discounted.
my retirement fund
28/1/2020
09:56
The transaction taxes on high end US property has certainly curtailed the number of transactions in recent years, and Colefax historically see much of their business when people are moving house. I'm sure as this gets factored into property prices activity will normalise, with hopefully an upturn in the UK market happening alongside this
robf193
28/1/2020
09:48
Yes it does seem odd but actually I think houses in America are getting a little smaller less fabrics are used and millennials have different buying patterns - ifitsnot a handbag watch holiday car boat designer brand they don’t want it - I’m a dealer in traditional antiques I won’t let on but the clue might be in my handle and I can buy certain things that were once the price of a London flat in the1960s for about 1000 to 2000 pounds- I bought something last week that sold at Christie’s in 1968 for 2000 pounds for 1500 pounds - keep in mind that someone paid the equivalent of 30 to 40 thousand originally
salver2
28/1/2020
09:31
What strikes me is the rich in the US have never been richer. The US bull market is unparalleled in duration. Trump has introduced huge tax cuts for the Uber rich. With the US being their largest market, business should be booming. Can appreciate the UK pre election would have been considerably more difficult to navigate.
essentialinvestor
28/1/2020
09:07
I imagine they’d be delighted at a nice price like 3.50 they would be able to buy back more than a third of the co and still have spare cash
salver2
28/1/2020
09:07
I imagine they’d be delighted at a nice price like 3.50 they would be able to buy back more than a third of the co and still have spare cash
salver2
28/1/2020
09:03
Considering this covers the 6 months to the end of October, which was probably the height of political uncertainty in the UK and US, to have EPS of almost 24p is a fair performance, and by their standards the outlook statement is reasonably positive. Even if you assume 2nd half earnings being flat the P/E is 8.5x at current price. Factoring in £11m of cash and no debt at a mkt cap of £35m, how on earth do you arrive at £3.50 (mkt cap would then be £31m)!?
robf193
28/1/2020
08:36
Whilst I don’t disagree about the relatively poor results this is unlikely I think to fall to 3.50 barring a further detereation in conditions -the market cap of the co is about 36.3 million -I don’t know why advfn state it at around 60 million - don’t forget the co has over 11 million cash which is almost a third of its market cap - stripping away the cash the P/E ratio is only in the 8 to 9 region - I would actually on that basis for a luxury co regard it’s value as probably a tad too low notwithstanding the headwinds!
salver2
28/1/2020
07:55
Very poor results, fair value around £3.50, barring a bid?.
essentialinvestor
17/1/2020
12:08
Last day of their sale, from memory I saw it advertised as a one day event, however it appears to be over two days.
essentialinvestor
16/1/2020
12:54
Interesting - it must always be kept in mind that David green the majority shareholder is nearly 74 and what are his succession plans
salver2
15/1/2020
14:07
Hi salver, tried a dummy trade this morning and was again offered up to 10,000 shares at 4.345, you could sell approx 1000 for about the same price. Those figures can alter in an instant so a snapshot at that exact time Only.
essentialinvestor
14/1/2020
23:17
Interesting that you can buy as much as 40 k - unusual for this co especially as the share price has been flat to rising as of late - I’m not sure where the company is going - more buybacks a takeover - more of the same - a minor profit warning all things are possible - we shall see soon
salver2
13/1/2020
16:12
Be interested to see your thoughts when the news is published
my retirement fund
13/1/2020
16:01
You can buy approx 40k worth of shares online atm. I'm not sure that's a great sign!, However it may be an institution wanting to sell a few?.
essentialinvestor
02/1/2020
16:42
Interims should be later this month, this will be an interesting update. A further weakening in trading and well under £4 would be my guess, hopefully that will not be the case.
essentialinvestor
18/12/2019
09:55
I'm hoping there's a bid at some point!!.
essentialinvestor
17/12/2019
13:49
Not exactly demanding value at 4.35 on the offer.
my retirement fund
27/11/2019
12:08
Another tender offer on the cards?.
essentialinvestor
18/9/2019
17:35
salver, thanks for the view. They referenced growing complexity in their markets recently, with collections selling well is some territories and may be not so well in others. £1.5 to launch a brand collection. 5% constant currency decline in their major market when the US economy is still supposedly growing strongly. Interesting the high end interior designer you spoke with was also seeing a slowdown. Perhaps a leading indicator for the US economy?.
essentialinvestor
18/9/2019
17:12
It was roughly the sort of trading report I was expecting - flat to down-it will make their annual buyback cheaper!- I don’t think the shares will fall much further - unless trade deteriorates much further- and the could purchase 20 percent of the company without taking on debt
salver2
18/9/2019
07:56
Less than that now!. A 5% constant currency revenue fall in the US market is significant for CFX, particularly so outside of a recession. To give that some context, even in 2009 when the world looked like ending their CC revenue fall in the US was 15%. They may need to remove costs from the business imv. Mentioned a few weeks back CFX may be available in the £3.50-£4 range, looking more likely following that poor outlook.
essentialinvestor
Chat Pages: 9  8  7  6  5  4  3  2  1
ADVFN Advertorial
Your Recent History
LSE
CFX
Colefax
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20201205 10:22:48