Debenhams Share Discussion Threads

[kazoom] 16/9/2017 00:19

Three retailers (to my knowledge) posted a relatively optimistic outlook this week (Dunelm, Next and John Lewis) plus the August Retail sales figures last week were better than expected.

I don't think you have to look much further than that so see the reason for the turn in the share price.

To me though it is still a little premature, with more "headwinds" in the coming months and I think there is more than a little seasonality change in the recent good figures.

I've made a habit in the past of buying "too early" and much as I think Deb looks like a bargain at these levels (assuming survival, which seems likely) I personally think there is more doom and gloom to come - it's going to be a tough Christmas for retailers imho.

The DEB figures in October will be interesting I think as they will be able to add September to the "recent trend" and I don't think that will be quite so good.

Just my opinion.

[simon templar qc] 15/9/2017 19:19

The short positions not moved too much I looked earlier, as for something going on, I see nothing of significance see my previous post.

[justiceforthemany] 15/9/2017 18:31

A lot of buys this week - the RSI has shot up to 67 from 27. Something is going on. Looking at the trades into the close I suspect the short positions have reduced further.

The full year results are on 26th October so far too early for people buying in for that.

[simon templar qc] 15/9/2017 17:02

NEXT is also going down the destination shopping route, so is John Lewis but JL outlook not at all good...

[stud-muffin] 15/9/2017 16:59

Templar - you are going to lose here - close your short - at the very least your near endless bashing.

Does 8m shares traded tell you nothing?

This is going to change hands - 75p minimum. Blackrock and Odey may have called this right to the low 40's (you also may I add) but its a new game here.

[simon templar qc] 15/9/2017 16:53

Interesting rise today, I am not convinced anything of substance has materialised it could be a number of investors think they have caught the bottom and want to get in prior to results in October.

[chinese investor] 15/9/2017 16:21

45p Soon !

[justiceforthemany] 15/9/2017 16:19

I hear sales are booming.

Shorts are reducing.

SP is SURGING.
NEXT went from 3600p to 5000p in no time despite shorts of 7%

Weekend news of a bid/offer probable IMO

[chinese investor] 15/9/2017 14:34

Quick Recovery !

[ny boy] 15/9/2017 14:32

I guess Uncle Mike will be upping his stake soon, could get interesting this quarter

[chinese investor] 15/9/2017 13:23

Slow Recovery !

[ny boy] 15/9/2017 13:15

As long as they declare it I'm content to hold, back above 50p by Q1 - 2018

[justiceforthemany] 14/9/2017 10:21

The final dividend alone for Debenhams in December amounts to a near 6% yield.

[justiceforthemany] 14/9/2017 10:08

NEXT UP 12% (!!)
Short position there was significant at >6%.
Next has risen from 3600 to 5000 in no time. Shorts have been burnt big time.

M&S UP 5% so far today.
Time to close those DEB shorts! I did warn you.

Those shorting NEXT made a big mistake.

[ny boy] 14/9/2017 09:55

As long as I keep receiving that 8% divi, I'm happy

Ex div 07 Dec
Pay. 26 Jan

Uncle Mike upped his stake recently to 21%

GLA long term holders

[essentialinvestor] 14/9/2017 09:54

Chinese, mrw is on a fatttt rating, look at the PE
and you have the pension deficit on top.
They've enjoyed storming run.

[kazoom] 14/9/2017 09:21

The Next statement very much mirrors Dunelm yesterday - recent trading has been better.

It still seems to me a bit early to call the turnaround given that the comparable 2016 figures were quite weak and the squeeze on disposable incomes still continues.

But next are comfortable enough to increase their full year guidance by around 1% (so just shy of 2% for the second half).

John Lewis have also seen decent performance in recent weeks, but they sound more cautious about the rest of the year.

Interesting ...

I don't think we get any further statement from DEB yet until the results at the end of next month?

[simon templar qc] 14/9/2017 09:11

John Lewis (excluding Waitrose) profits on 2 billion turnover is abysmal and that is before tax. Near Penny in the pound net margin!

[ny boy] 14/9/2017 09:11

Turning off the lows, brighter outlook, Uncle Mike is lurking in the background, he likely Debs, close to local pubs, good for drinking competitions and throwing up in fake fireplaces lol

[chinese investor] 14/9/2017 08:22

Good Start !
Morrison releases good numbers and tumbles !

[essentialinvestor] 14/9/2017 08:21

Next upgrade.

On JL, it's Waitrose that may look an area of concern.

[simon templar qc] 14/9/2017 08:01

Operating profit after exceptional at JL actually down 10.2%..

[stud-muffin] 14/9/2017 08:00

Fashion retailer Next has upgraded its forecasts for full-year sales and profits after seeing "encouraging" trading over the past three months.
While the retail environment remained tough, Next said its prospects appeared "somewhat less challenging than they did six months ago".
Next now predicts full-year profits of £687m-£747m, compared with its previous estimate of £680m-£740m.
Its forecast came as it reported a 9.5% fall in half-year profits to £309.4m.

[stud-muffin] 14/9/2017 07:59

Templar - you predicted a loss - they made £26m with the hit coming from restructuring.

I am staggered at the arrogance you display - shameless basher masquerading as objective bystander.