Debenhams Share Discussion Threads

[simon templar qc] 02/6/2017 15:03

Market doesn't think it was a buy! Trades are only indicative only market makers know the truth!


Marks & Spencer. Laura Ashley both down 2%, a labour win or hung parliament wont help sentiment I suspect that is having an impact.

Corby wants minimum wage of £10 per hour.

[turbocharge] 02/6/2017 15:00

Seems to be sliding right now...

[turbocharge] 02/6/2017 14:57

An over 8 million buy?

14:49:35 49.05 8,787,000 O 48.90 48.98 Buy 18,662,142 1,030,881

[simon templar qc] 02/6/2017 14:23

libertine,

You are partly correct some like me like the feely touchy stuff but when you already know the product you are more confident online.

I also agree Sergio accepts and is trying to accommodate evolution however all this cannot be done overnight. It also comes at a cost.

All the large retailers are in the same boat I have no idea who sill suffer the worst as you know I update on John Lewis quite a lot, even they could hit the wall.

However I happen to think Debenhams is in a worse shape at the moment as some have said.

I am not on my own, so do the analysts/brokers think the same way.

Let the trend be your friend but wish you luck in any event.

[libertine] 02/6/2017 10:38

niggle

I predict within the next five years the high street will be flourishing again, especially in the clothing and fashion businesses.

The opinion I get from a number of women is that buying on the internet is not real shopping, and that the majority of products are returned straight away, and would never have been considered if they had access to them from the start.

Real shopping, I`m told, takes time, it`s feeling, touching, and trying on. Items can be rejected in an instance when the`re in your hands. Saves all the fuss of returning item after item ordered online.

My wife no longer buys clothing online as over 90% of items were returned, which was a pain and drove both of us mad.

She now meets her friends and they go shopping together for the sheer experience.

I`m sure you have said at some time you go regularly to live gigs. I presume you also do that for the experience, as you could spend all day online watching videos of your favourite artists, which would be much more convenient and save you money.

Eventually all trends reverse. People will become bored with spending so much time online and seek experiences. (After all it`s not long ago that vinyl was dead, along with Fred Perry).

Because of innovation people have more and more time on their hands. Is everyone going to end up spending the majority of their leisure time on their phone or tablet, with the odd trip to the door to sign for their delivery or takeaway.

Or will they, like you, want to experience things. Will they go to see an artist live rather than online, will they go to look at some real clothes rather than just pictures. After all with all this continuous innovation they have the time on their hands!

Isn`t this what Sergio Bucher was saying.

"Our customers are changing the way they shop and we are changing too. Shopping with Debenhams should be effortless, reliable and fun whichever channel our customers use.

"We will be a destination for 'Social Shopping' with mobile the unifying platform for interacting with our customers.

"If we deliver differentiated and distinctive brands, services and experiences both online and in stores, our customers will visit us more frequently and, having simplified our operations to make us more efficient, we will be able to serve them better and make better use of our resources``

Debenhams will still be around when you are trying to sort out who is funding your care costs. You know,when a real care assistant comes round to see how you are, rather than just text you.

[niggle] 02/6/2017 08:56

If I were a supplier now I would be questioning whether those goods on 120 days payment will ever be paid for.

I would not supply any more unless fully insured. A lot of people are going to be stung when this goes bust.

[edmundshaw] 01/6/2017 22:47

No-one is questioning that Debenhams is in a space that is ripe for change and has competition from online providers for some of its goods. But stores won't cease to exist this year or next year, they will adapt and change and to some extent diminish in number over the next few years. The question is, is that in the price, and where are Debenhams in the mix of a contracting marketplace.

Well, clearly as the price has dropped from 120p to under 50p a lot of risk and sentiment is in the price. But while some industries collapse, they usually do so over a much longer period of time than people expect, and sometimes throw off a lot of cash in the meantime.

Times change, British Leyland, The Lancashire Cotton Corporation and Bowater Paper no longer in the top companies list, and many companies you see today will not be here in 30 years time. But if you look through the past, most solid companies decline slowly and then get taken over in periods of consolidation. BHS and Woolworth are at the badly run end of the scale are the ones that fall off a cliff.

I have invested in quite a few companies that have not been flavour of the month but have had good survival and self-renewal plans. Occasionally there is the Marconi-type experience, but in the main they are very profitable and sometimes recover in price several times over while dishing out the dividends on top, easily making up for the odd failures. Each to his/her own of course...

Just looking at a company in a declining market and making a snap decision that it is not a place to be is daft, as is facilely buying the latest tech company promising the world.

[turbocharge] 01/6/2017 21:52

Looks like Schroder Investment Management Limited are still quite keen on DEB:

Date of the transaction (and date on which the threshold is crossed or reached if different): 30 May 2017

Threshold(s) that is/are crossed or reached: From 17% -18%

Situation previous to the triggering transaction: 209,871,859 Ordinary shares, 209,871,859 voting rights

Resulting situation after the triggering transaction: 221,104,693 ordinary shares, 221,104,693 indirect voting rights

Percentage of voting rights Direct: None, Indirect 18.008%

[simon templar qc] 01/6/2017 18:37

Edmund. its the Simon which stated he would wait while after Easter to update on price target.

[edmundshaw] 01/6/2017 14:16

Is that the Simon who said he would stop commenting?

[simon templar qc] 01/6/2017 11:08

No, but what I am saying is if you invest in a footsie 250 tracker fund, where does the money come to buy the shares?

What happens when a 250 tracker fund share gets demoted?

You can lead a horse to water but you cannot make it drink!

[libertine] 01/6/2017 10:17

Oh is that right!
They all wait until the actual day do they?
Form an orderly queue.

[simon templar qc] 01/6/2017 10:04

Do you know what happens when a company gets demoted?

Institutions some institutions sell their holdings!

[libertine] 01/6/2017 07:35

Simon`s crusade continues!

[simon templar qc] 31/5/2017 20:04

Avoid says Motley Fool..




Debenhams may be demoted from footsie 250

[simon templar qc] 31/5/2017 20:02

Jacques Vert news soon and stores or franchises could close...

[simon templar qc] 31/5/2017 19:57

Debenhams poor on ROE...

[simon templar qc] 31/5/2017 19:52

ALDI taking on John Lewis but that means Debenhams will also be in the firing line...

[simon templar qc] 31/5/2017 18:37

Forget about the 6.7% yield as if things deteriorate further the dividend will get cut.

My gut feeling says trade will worsen the company will warn the dividend will be cut and she share price fall a lot further.

The only salvation Mike Ashley but will he bid?

If anything I think he would only bid at a far lower price and I am not sure whether he will do so in the current economic environment with consumer spend set to fall.

My advice strong sell.

[niggle] 31/5/2017 17:56

Death rattle

[simon templar qc] 31/5/2017 17:14

EI

JL got to be losing like for like if you look at 4-5 % increase in store space with no inflation it suggest nearer 10 % than 5% like for like fall. They will have to do more cost cutting. If Phillip Day increases his Day's stores to 50 things are going to get far more competitive in future.

As to the latest institutional declarations today, Blackrock the largest fund manager selling down, Schroders up.

Something is going to give the indication to me are Debs are facing headwinds and I am not sure Mike Ashley will be the saviour!

Niggle I agree.

Not even a dead cat bounce of late just a last breath of air.

[niggle] 31/5/2017 16:56

and plop! predictable.

This is either going to bounce up sharply or fall in to the toilet. I fear the latter.

I have no idea why it should do the first so I rather think it may do the latter.