Debenhams Share Discussion Threads

[edmundshaw] 22/8/2017 14:35

Simon you are priceless.

10th July (amongst many others) you posted "3.4% fall for household goods equates with falling like for like sales in John Lewis! Not good for both Debenhams and John Lewis.

So JL sales DOWN => Deb sales DOWN too.

Ever since, JL sales hae been up every week yoy. Sometimes it was not good enough LFL or perhaps a "blip". But now JL sales UP equates to Deb sales DOWN. They are obviously stealing market share.

Nice to have such balanced reporting, and of course the continuous stream of updates from John Lewis, every one of which demonstrates a negative for Debenhams trading.

What happened? Did you go to school with the Debenhams boys and one of them stole your lunch money?

[american idiot] 22/8/2017 10:55

Solid buying out of the gate today.

I can see 42p today.

[niggle] 22/8/2017 10:54

Chinese Investor 22 Aug 17
"Debs can't possibly go bust"

[simon templar qc] 22/8/2017 10:45

Seen it all before a bounce then a fall.

John Lewis sales up the last week..



Someone must be losing out retail sales struggled last month forecast was a poor August.

[chinese investor] 22/8/2017 10:31

Looking Good !

[grahamite2] 22/8/2017 09:22

The accounts look quite good at first sight - negligible pension deficit, net debt reducing year on year. But I cannot begin to reconcile the net debt analysis at note 14 to the accounts, to the balance sheet. Anyone else noticed this or have I missed something?

[chinese investor] 22/8/2017 09:16

That's good enough for me !

"Mike Ashley has once again increased his stake in department store Debenhams, after his company Sports Direct bought a further 2% in the chain. Sports Direct now has a 21% stake in Debenhams."

[simon templar qc] 22/8/2017 08:41

Bit more technical SD has both puts and CFDs.

[ckafetz] 22/8/2017 08:28

The 21.04 figure in RNS - is that what sports direct hold in debenhams?

[ckafetz] 22/8/2017 08:28

The 21.04 figure in RNS - is that what sports direct hold in debenhams?

[chinese investor] 22/8/2017 08:16

I'm gonna look at the figures this morning - Debs can't possibly go bust.

[simon templar qc] 22/8/2017 07:30

provident financial been subject to short sellers and share price hit badly yesterday today the co announced a profit warning!

These short sellers are more clued up than some on here think, Debenhams has a large group of shorts at the moment.

edit



Second profit warning today and passed dividend..

[simon templar qc] 22/8/2017 07:19

More news on put options and CFD's yet the share price still falls! No one but Mike Ashley knows what he is up to, he is a brave man if he thinks he can make a difference to Debenhams.

[turbocharge] 21/8/2017 19:37

This share has been a first for me where I've actually managed to sell at a loss, rather than clinging on in the hope of a recovery. Perhaps I'm learning at long last...

17 May 2017 Post #1743
just bought some (not sure why)...
13:49:03 50.4889 5,555 O 50.45 50.50 Buy

02 Jun 2017 Post #1855
Just bailed out at a loss
15:04:42 48.5226 5,555 O 48.53 48.57 Sell

[simon templar qc] 21/8/2017 19:08

Perhaps the shorters could enlighten you!

[libertine] 21/8/2017 18:40

Well 17 professional analysts have come up with their up to date consensus estimate, company has confirmed they will meet targets, and then there is your view that the company is on its last legs.

I can see how that leaves people in a dilemma.

However, whilst the others are all professionals, little is probably known regarding your own business acumen, which complicates matters.

Perhaps the EKT thread could enlighten a few!

[edmundshaw] 21/8/2017 18:24

By most posters, I suppose you mean most posts. That is, all your and niggle's posts...

We have noticed, you know.

[simon templar qc] 21/8/2017 17:59

I think what most posters are alluding to is although Debs may make a few crumbs of profit compared to its sales, it could soon deteriorate from here into losses going forward. It would be unfortunate for holders if the company bankers pulled the plug once the company started to lose money.

My overall opinion is bailing out now before the company issued another warning which tends to come along like London Red busses, would be cautious but a sensible move, in the current economic environment.

Now I am not suggesting for one moment investors in Debenhams aren't sensible investors but no one is perfect we all make mistakes and investors in Debenhams appear to be making a very bad mistake having seen the shares halve in value and hit another low at close.

[libertine] 21/8/2017 17:58

Analyst Estimates

Analyst Ratings
1-Strong Buy 0
2-Buy 0
3-Hold 11
4-Underperform 1
5-Sell 6

Mean Recommendation: 3.4
Hold


Analyst Forecasts - EPS
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates #Up #Down Mean % Change
Annual Aug 19 5.82 6.70 4.50 5.87 15 0 0 0.00
Annual Aug 18 5.69 6.57 5.12 5.60 17 0 0 N/M
Annual Aug 17 6.28 6.74 6.01 6.28 17 0 0 0.00

[libertine] 21/8/2017 17:34

And you reckon the analysts would have missed that point, do you?
I think the analysts would err on the pessimistic side.
As pessimism goes, though, probably not a patch on you.

[edmundshaw] 21/8/2017 17:33

I don't think libertine is typing rubbish. The lower end of forecasts was certainly not a loss for the full year. The negative posts are getting a bit silly now talking about the company being loss-making and about to fold. It is borderline libellous, you only get away with it because it is assumed people will not believe you know what you are talking about.

As for the company being worth a pound: Really? Try buying three shares, see how much that costs you before commission...

[simon templar qc] 21/8/2017 17:20

libertime,

Rubbish company said if volatility continued the profits would be at lower end of forecasts, and we know July was a down month for most non food retailers.

[libertine] 21/8/2017 17:16

niggle

NO!!
King Canute was more into paddling than investing.

[libertine] 21/8/2017 17:14

How come it`s now loss making.

Year ends next week, and company has confirmed profits will be within estimates.

Even consensus brokers estimates say profit of £95m+ with dividend of 3.4p.
(and they are the smartest brains of the analyst world monty!)

[simon templar qc] 21/8/2017 16:45

Market cap below £500 million now, I cannot see any bidders for a company which could be loss making.