Debenhams Share Discussion Threads

[justiceforthemany] 21/9/2017 19:04

Few weeks actually not months.

Closing share price was 47.25p also not 46p

The dividend is covered almost 2x here

Stick to John Lewis your favourite...

[simon templar qc] 21/9/2017 18:28

Actually the main jump was from 42 to 46 very few purchased under 42. I make that 10%.

Fair profit for a few months trading but a profit is only a profit once taken.

The company had over £200 million of borrowings at year end and the second half the company will need more cash the final dividend is at risk so far as I can make out.

If the company chops the dividend the share could fall sharply.

Time will tell who is right and who has got it wrong.

[justiceforthemany] 21/9/2017 17:46

Well well well Simon Templar QC! Those who ignored your doom and gloom butchery of this share and bought around 40p would now be sitting on a very nice 20% profit.

I fear many bought much higher though 50p+ so are still sitting on losses.

I must admit the sudden rise from 40p is bizarre and technically this is now overbought with the RSI around 78. That is very high and has jumped from 27 in no time at all.

Shorts remain high also so has news been leaked of a bid hence all the buys??
I repeat very bizarre.

[chinese investor] 21/9/2017 16:55

It Just Gets Better !

Chinese Investor (DEB) 15 Sep 2017 - 16:21:23
45p Soon !

Chinese Investor (DEB) 05 Sep 2017 - 14:18:53
Here We Go !

[stud-muffin] 21/9/2017 16:55

Any Shorters still struggling with the writing on the wall?

You are in the wrong game if you are.

[simon templar qc] 21/9/2017 16:55

Small percentage of reductions in shorts then increasing again. Odey the latest to increase...

[ny boy] 21/9/2017 14:10

Take OECD with a pinch of salt,reminds me of a certain large estate agent that always seem to predict a 20% rise in central London property values over a 5 year period, they never come close lol

Stick to the short to medium term, retail is back on investors shopping list, taking advantage of recent over sold conditions.

Should be over 50p in the short term2-6 weeks

[stud-muffin] 21/9/2017 13:54

Keep bashing Templar - it is sooo obvious you wish longs here the worst.

Even positives you try to turn into a negative.

You Sir have been royally rumbled.

My advice post less and close your short. In that order.

[simon templar qc] 21/9/2017 13:46

Maybe they think buyers will "sizzle" later on. Don't get me wrong if the company is showing an upturn in sales, I wish shareholders well but the OECD said recently UK growth to slow to 1% in 2018.

[ny boy] 21/9/2017 13:33

Who cares about the bears, let them slowly sizzle in the pan before we turn the heat up.

[simon templar qc] 21/9/2017 12:54

Results in October.

edit:

No major change in short positions, the shorters appear unconcerned.

[stud-muffin] 21/9/2017 11:51

There was a time when Sir Shifty would have been in the frame on the likely take out price - 1Bln.

After all DEBs was the principal part of Burton Group Plc before Arcadia (Tops/ Dotty P's et al) went there separate ways pre 1998.

Reality is Tops is struggling against ASOS/Boohoo and his heart is no longer in the game - a close friend sees him regularly at Arcadia HQ and tells me that aside of being his rude and arrogant self he is definitely changed - I expect a trade sale before the end of next year.

Meanwhile Debs will rattle on towards 55p pre results IMV.

[ny boy] 21/9/2017 10:45

Creeping up again, Uncle Mike is looming, he knows a bargain or two

[simon templar qc] 20/9/2017 22:21

House of Fraser makes first half loss...

[simon templar qc] 20/9/2017 19:26

Shorts little changed

Bear in mind small short positions not shown.

[ltcm1] 20/9/2017 11:54

I have been impressed with the quality of the Debs ads in the Sunday Times style magazine.

Perhaps a bid will be forthcoming???

On the macro side the employment figures continue to be encouraging. However rates could go up. More worringly a halt to the Brexit talks could hit confidence hard coming up to Christmas.

[stud-muffin] 20/9/2017 11:24

Irrationally sold down.

Fair value even with the economic headwinds 75p - bid potential even more.

Expect to see the shorters reducing now.

[ny boy] 20/9/2017 09:48

Bumper uk retail sales!

Trend is up now

[chinese investor] 19/9/2017 17:21

Trend Still Up !

[justiceforthemany] 19/9/2017 17:10

So the rise continues. Resistance broken through today - next point is at 46p

[simon templar qc] 19/9/2017 12:04

Try before you buy is the latest idea from John Lewis..



Time will tell whether it will add to sales, but recent press are very cautious about retail in general. I happen to think it will only suit a limited amount of customers.

[simon templar qc] 18/9/2017 16:06

Bit of a flurry on most High St retailers last week including Morrison's, however the start of the new week, reality kicks in Morrison's analysts more cautious on Morrison its the detail needs reading and Next not out of the woods, consumer spend getting tighter...

[ny boy] 17/9/2017 23:51

Debs Oxford Street was very busy this weekend, turning the corner, more investors will start buying for recovery

[terminated] 17/9/2017 23:19

Pound recovering again the dollar. Let's not forget all goods tend to be paid for in dollars which will help 2018 forecasts as they are already hedged at 1.50 ish for this year.