Conviviality Share Discussion Threads

[mozy123] 19/8/2013 13:30

Hi,

Just looking over this stock - didnt buy at IPO - Shame

according to digital look;

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-13 357.60 9.22 12.10p 12.7 n/a -28% 8.10p 5.3%
31-Dec-14 369.29 11.26 13.30p 11.5 1.2 +10% 8.30p 5.4%

Profits going forward estimated as 9.22 and 11.26 mil.

What is the main reason for the extreamly low margins? 11.26mil profit on 369.29mil rev!

What am i missing about the franchise model?

[smith99] 18/8/2013 19:51

Tipped in this weeks money week. Strange it refereed to 6PC dividend. No mention of this on here ?

[nw99] 14/8/2013 08:46

Should be a great long term buy and hold

[battlebus2] 13/8/2013 19:13

Well we can certainly afford to raise a glass or two on the back of the rise so far :)) I had set an initial target of 1.50 but we have already got there.

[thepsychic] 13/8/2013 15:49

I think were going to have a steady run up to the announcement on 30h August.

[funkmasterp12] 13/8/2013 13:54

Just bought in here, looks a good prospect.

[adred] 13/8/2013 13:43

Was also tipped in the Mail on Sunday,

[battlebus2] 13/8/2013 13:36

Thanks guys or gals for that matter, couldn't have hoped for such a good start.

[nw99] 13/8/2013 13:11

Share mag tipped it

[nw99] 13/8/2013 13:11

Yields 5.7%

[thepsychic] 12/8/2013 15:27

In Sharecast.

Conviviality is a good bet on the UK's fondness for drinking at home, the Mail on Sunday's Midas column said. The company, headed by former Waitrose and Sainsbury's manager Diana Hunter, can provide solid returns for long-term investors. Conviviality stores, branded as Bargain Booze, are run by franchisees who got a stake in the company at flotation. It uses buying power to undercut supermarkets by a claimed 15%. With room to expand into the south and a master of wine on board to grow beyond beer and cider, the shares are a buy and hold, Midas said.

[thepsychic] 12/8/2013 15:21

Quite a high volume. Any idea if this was tipped somewhere?

[battlebus2] 12/8/2013 08:02

News highs today :))

[golden_eagle] 07/8/2013 21:37

Found this analysis from t1ps on twitter

Read our analysis of Bargain Booze owner Conviviality Retail (CVR) - now free on the hxxp://t1ps.com site tour hxxp://tiny.cc/ygrg1w

[battlebus2] 07/8/2013 20:41

Conviviality Retail the company behind off-licence chain Bargain Booze joined London's junior market on Wednesday.
The Bargain Booze owner placed 64mln shares at £1 each, valuing the company at £66.7mln.
But shares are already changing hands for as much as 130p, adding £20mln to its market value.
Trades on the opening day were as large as £640,000 a pop as investors backed the company to be a hit on AIM.
The £64mln raised from the IPO is expected to fund its expansion in the south-east of England as it aims to replicate the success of its stores in the north-east.

"We are delighted to be starting life as a public company today and welcome all of our new shareholders to the company," said chief executive Diana Hunter, who previously worked in store development for Waitrose and masterminded its Little Waitrose format.
"We have an exciting future ahead of us with our new debt free capital structure, an incentivisation plan that aligns our 461 franchisees with management and our shareholders and capital to expand our footprint of stores from our heartland in the North West."

[battlebus2] 07/8/2013 20:38

Good to see Hargreave Hale with a holding albeit small. Also a note out from edison highlighting earnings forecasts and an intended dividend of 8% which could still be over 5% after the increase in share price.

hxxp://www.edisoninvestmentresearch.com/research/company/conviviality-retail

[battlebus2] 07/8/2013 20:35

Major shareholders

Person(s) interested:
Before: ECI Ventures Nominees Limited - 75.24% Bargain Booze EBT Trustees Limited - 10.26% Peter Hodgson - 7.13% Tim Stanley - 5.00% After: Henderson Global Investors - Volantis - 16.87% Artemis Investment Management - 11.09% AXA Investment Managers - 6.00% Miton Group - 5.70% Schroder Investments - 5.61% Jupiter Asset Management - 5.47% Old Mutual Global Investors - 4.57% Investec - 4.39% Legal & General - 4.35% Ruffer LLP - 4.05% Hargreave Hale Limited - 3.90% Henderson Global Investors - Income Fund - 3.52% Unicorn Asset Management - 3.15%

[battlebus2] 07/8/2013 20:34

I'm not a big drinker but bottoms up to this new floatation :))

Bought a few at a BARGAIN price! and no i haven't been drinking :))

Anyhow off to a great start in the first days of trading.

[battlebus2] 07/8/2013 20:30

Conviviality Retail Plc operates the UK's largest franchised off-licence and convenience chain with over 600 franchisee owned stores. The Conviviality Group is a buying, marketing and logistics business offering a full support package to over 460 Franchisees. Conviviality's Franchisees currently operate under six fascias which include Bargain Booze and Bargain Booze Select Convenience.

hxxp://www.convivialityretail.co.uk/

[karmicpete] 06/8/2013 13:58

I see Miton Group and Artemis have taken a stake. Should help boost the company's profile as PI's become more aware of this.

[kirkthrust] 31/7/2013 18:11

killik done a big note on Conviv Retail or bargain Booze as will likely be known

[calleva] 27/9/2001 00:35

Here's the answer (up 28% today):

RNS Number:6686K
Clipserver PLC
26 September 2001

CLIPSERVER PLC ("the Company")


The board of Clipserver Plc has noted the recent movement in the Company's
share price and confirms that is has received an approach which may or may not
lead to an offer being made for the entire issued share capital of the
Company.

26 September 2001

[henno] 26/9/2001 17:57

Im pretty new to this biz , I would appreciate any advice you guys can give me
Cheers

[e-mail]

[noah] 17/8/2001 10:12

two maket maker trades . could well be at or near bottom. up 1p this morning. any ideas if this is worth buying into?