Debenhams Share Discussion Threads

[simon templar qc] 07/3/2017 12:14

JLP to announce prelims Thursday, my feeling is they will report very challenging outlook and I see more job losses in due course.

[essentialinvestor] 07/3/2017 11:42

much prefer MKS food to Waitrose, MKS in a different league now.

[simon templar qc] 07/3/2017 08:27

Once it falls below 50 pence which it will I see 40-45

[simon templar qc] 07/3/2017 07:27

BRC said today like for like sales of non food declined...

"Nonetheless, LFL non-food spend decreased 0.4% on a quarterly basis and by 0.2% in total terms - the first three-month fall since November 2011."

[simon templar qc] 05/3/2017 18:13

All eyes will be on John Lewis their prelims out this Thursday, Nick Bud sees a 10% reduction in profits and bonus cut circa 40% from last year at about 6%/

[simon templar qc] 04/3/2017 21:25

Lots of retailers cutting back with minimum wage rising.

-John Lewis announced three stages of job cuts from deputy managers, catering and carpet fitters.

-Tesco announces deputy manager culls.

-Sainsbury's announce shelf stockers night time reductions and pricing restructure.

Its getting more and more difficult to operate stores efficiently, with expected reductions in spending power a crash may not be far off...

[essentialinvestor] 03/3/2017 11:06

fox, not up to date on that one.

[simon templar qc] 03/3/2017 11:05

Foxy LOL

I was thinking the same with regards to Ashley. So why isn't he taking a stake?

No I have to say regardless of the price I do see further downside.

[1fox1] 03/3/2017 10:18

Has Ashley still got an interest in DEB? He took out options a couple of years ago didn't he?

[essentialinvestor] 03/3/2017 10:09

Mike could buy this with pocket change if he wanted, not sure I see that though imv.

[1fox1] 03/3/2017 09:51

Bloody hell Barrie. Spring is just around the corner :o)

[simon templar qc] 03/3/2017 09:31

Service sector slipped to below forecasts.

[simon templar qc] 03/3/2017 09:18

Mike Ashley concerned about High St, he is still buying niche businesses like AP in prepack.

Neither do I think Debenhams introducing food is a good play the market saturated!

Debenhams weakness when the market has risen is a further sign of no confidence.

The High St can only get worse not better with rates rises and minimum wages to rise. Consumers are over borrowed as it is.

[simon templar qc] 03/3/2017 09:04

Unfortunately I see price fall under 50

[1fox1] 02/3/2017 14:54

What's with the big turnover today then?

[essentialinvestor] 02/3/2017 14:22

Terminated, it's a fair point and made the same comments frequently,
think for yourself often best.

With DEB would not see this as a cyclical negative, it's a structural one imv,
and that is more tricky, it may be worth more to someone else, just possibly.
All IMV only.

[pillion] 02/3/2017 14:21

Being shorted to b*ggery imho

[terminated] 02/3/2017 14:18

I remember when the building stocks flattened after brexit and people were suggesting they could go under £1. The banks also. Everytime an expert subatatiated the price, within 6 months most are 30-40% up. If I listened to experts I'd never make any money.Ill go for common sense anyday. Highly unlikely they will report profits down 20-30 percent. So for me ill settle for 66 p in 4 months time, but until then it will be a stockbrokers play thing.. Good luck all.

[simon templar qc] 02/3/2017 14:04

Berenberg pointed out that Debenhams’ shares “trade at an 8.0x CY17 EV/EBIT multiple, a c18% discount to high street peers Next and M&S.”
They added: “Considering Debenhams’ narrower consensus forecast EBIT margin and greater EPS decline; we believe the discount is justified.”

[simon templar qc] 02/3/2017 12:47

John Lewis fashion down but own brands performed better.

Debenhams have a sale on circa 25% however so does JL

[essentialinvestor] 02/3/2017 10:43

Would be more comfortable with wider markets than DEB.

No real cathalyst for markets to sell off here, UKX dividends nicely increasing.

[simon templar qc] 02/3/2017 10:30

By the way walbrock it was a very good analysis. I am just more negative than the market, which is trading too high in the current economic outlook.