Debenhams Share Discussion Threads

[justiceforthemany] 22/6/2017 18:45

Buy the Debenhams dream

Debenhams' (DEB) new chief, Sergio Butcher, former vice-president of digital behemoth Amazon, faces an uphill struggle to turn the retailer around. However, we like the plan he set out earlier this month: close poorly performing stores where possible, invest in refurbishments, add facilities and use digital technology to make the company's bulging 176-store estate more relevant to today's shoppers. We also think the relatively limited capital expenditure he feels is needed to make the improvements, coupled with efforts to shore up gross margins, means the shares' bumper dividend yield should continue to provide support. And should signs emerge that Mr Butcher is succeeding in arresting the company's long-term decline in profitability, the single-digit forecast earnings multiple provides substantial scope for a re-rating.

[niggle] 22/6/2017 18:20

Do you two not like each other or something?

[edmundshaw] 22/6/2017 17:22

What an exciting life you lead Simon. You should write an autobiography. A long, long autobiography.

[simon templar qc] 21/6/2017 17:46

Trading statement last year 22nd of month in June 15, the way the share has finished today the market is predicting gloomy news on the way.

Looks like my price target will fall to 35-40 dependant on update the grimmer the update the more I will reduce further.

[niggle] 21/6/2017 09:09

This can't continue - cap just drifting away...

[ignoble] 21/6/2017 08:29

Aye ... C & A implanted on my memory

[diku] 20/6/2017 13:30

Think the only thing going here is the poshness of the name....good old traditional name...anybody remember C&A of the 80's?...not so sure of the stuff they sell or the customer appeal...at least not for menswear..

[ignoble] 20/6/2017 11:02

Longer he leaves it , the harder it will be
Last thing needed is Sterling weakening and creating higher import prices

Increase slightly sooner rather than later and get it out of the way ...
imho

[simon templar qc] 20/6/2017 10:44

John Lewis Partnership weekly sales up 3.3% but wide variations between Waitrose and JL



Waitrose sales up by more than 6% good weather helped barbecue sales.

However JL non food a decline of 1.4%, like for like sales in the 20 week period not at all good and look like they are worsening.

Non food retailers are clearly suffering Bon Marche suffered a recent 40% drop in profits.

In the meantime Mark Carney says it would not be the time to raise interest rates he realises inflation is eating into peoples earnings.

[edmundshaw] 16/6/2017 19:30

Well of course Deb was 22p at the back end of 2008. And we have fallen through "support" at around 51p. Key date: 27th June trading update getting quite soon.

[ny boy] 16/6/2017 12:50

I've been adding, Uncle Mike to the rescue. Ignore the noise, decent entry level for me, been making loads elsewhere to ok to wait, not in a hurry, divi helps but a course a recovery in the sp, would be welcome this year.

[edmundshaw] 15/6/2017 23:16

See what I mean?

[simon templar qc] 15/6/2017 19:40

Foxy too cunning for edmundshaw as foxes are!

[1fox1] 15/6/2017 19:33

That's right edmund the only sensible balanced view is yours. Hey ho

[simon templar qc] 15/6/2017 19:02

S M

I beg to differ the shorters are increasing, I am not on my own with my thoughts on outlook, many retailers are set to hit the wall things will get tougher and tougher the amount of profitability simply not good enough on turnover.


In the meantime John Lewis Partnership still seeing sales falling like for like.



John Lewis (clothes, electrical, household) need to be growing at least 4-5% on last year just to allow for increase in floor space alone never mind inflation. In the 19 weeks total sales increase less than 1%!

That suggests to me profits collapsing big time, I think could be in trouble with their large pension deficit.

In fact it would not surprise me if JLP makes a first half loss.

[1fox1] 15/6/2017 17:19

Always said if 55p didn't hold 40p was a possibility. Wouldn't rule out 30p or even 20p before recovery if any. The company is so old fashioned and stale

[stud-muffin] 15/6/2017 17:08

Simon

I beg to differ - clothing sales have been mixed with positives in some chains.

I see no question of bust - the dividend may be a casualty and take a Morrison style haircut - certainly the market is suggesting this.

All reminds me of Thorntons in spring 2015 with doomsayers at all sides - the price went from 59p to £1.40 IIRC in four months.

I contend DEB is staring to look oversold.

[niggle] 15/6/2017 17:03

WTF has this got to do with Debenhams?.

[oliversanvil] 15/6/2017 16:57

AS A SECONDARY PRECAUTION SHOULD THE SPRINKLER SYSTEM FAIL!--- IF EVER A FIRE STARTS IN A TOWER --BEFORE YOU LEAVE THE FLAT/ABODE --TURN ALL THE WATER TAPS ON WITH THE PLUG IN SINKS AND BATH( plug up overflow or break a hole in basins/baths SO THEY OVERFLOW AND HELP TO DOUSE DURING EVEACUATION !!! or turn taps on and break /pull out ubend under sinks.Take washing machine/dishwasher hoses off or cut to flood the floors

[1fox1] 15/6/2017 16:32

Nice one B. You called it right even after all the barracking

[simon templar qc] 15/6/2017 16:10

Shorts gone up

[simon templar qc] 15/6/2017 16:02

Have a look at my target price in the header, which I have been continuing to warn for months now and revising down.

Sooner or later Debenhams will warn in my view DFS warning today and recent sales data all points to further downside possibly bust. By the way Arcadia not in a good position of late and the latest news from September when sales had fallen then.

[niggle] 15/6/2017 12:08

45.83 gulp...