Dr. Martens Share Discussion Threads

[mozy123] 19/10/2023 12:36

At least there is a company that buys back shares at a weak share price instead of multi year highs like most buy backs. Removing equity at this price is good business.

[castleford tiger] 18/10/2023 22:57

The buy backs are getting bigger. The falls are getting faster

[arja] 18/10/2023 14:56

113 is chart support as mentioned above but then it is a SOR situation I think with no support level to target . It might be smart to get out or at least partially exit if fails to hold - DYOR of course . Hopefully a good news announcement might turn it around soon but I must check the debt/equity ratio !

[castleford tiger] 17/10/2023 22:45

600,000 reported today and still it goes down. Some may say a waste of cash.

[rob_davis] 17/10/2023 13:23

£26.3 mn spent on the buyback so far.

[castleford tiger] 17/10/2023 12:13

benny 1/2 million declared bought yesterday
total to be spent was £50 million.

Therefore approx 60 million shares at current price.

Which was about 3% of issued capital.

[essentialinvestor] 16/10/2023 23:13

As mentioned previously they are effectively gearing up the balance sheet
and now doing so as wider macro weakens.

[benny shares] 16/10/2023 22:39

How many intended shares are they buying back

[castleford tiger] 16/10/2023 21:04

Kash I agree

[kash_] 13/10/2023 15:55

Looks like a retest of the low 113 is coming at the very least

[castleford tiger] 11/10/2023 16:39

First half finished and its not been pretty.

tiger

[castleford tiger] 11/10/2023 16:32

imagine where the price would of been without the support?

500k bought /declared yesterday.

Still say its worth 100p.

tiger

[rob_davis] 11/10/2023 12:54

Find it hard to reconcile spending £25m on a share buy back since July, with a decreasing share price during the same time. Doesn't figure

[action] 11/10/2023 11:13

Trend is still down. Good time to buy in market sell off as Xmas is coming...

[velocytongo] 02/10/2023 20:09

Birkenstock floating at 9x sales. Doc on 1.3x sales. Just saying

[kash_] 29/9/2023 11:15

I don't mind paying a price I'm interested in a trend. It might be the start of an uptrend. It may not be. Have a good weekend.

[rob_davis] 29/9/2023 10:57

Yep, £20m into the share buy back

[seagreen] 29/9/2023 10:41

Nice move up...........

Sometimes you have to trust your instinct in a brand......

Even though I spent the last few days hiding behid the sofa as large blocks were being thrown around the share buy back is helping obviously to clean out weak holders and was conducted at various prices as per the RNS ...

[xxxxxy] 27/9/2023 18:13

Grotesque company.

[kash_] 27/9/2023 14:34

Good luck with your investment. Short term I see this going lower so just watching for now atb

[seagreen] 26/9/2023 10:36

Dipped my little toe in again yesterday if they have sorted the USA logistical chalenge it will slowly recover

[seagreen] 22/9/2023 15:14

Sorry so hard to know whois honest any more!

On the year to date chart (all be it ignoring the large drop LOL)there was a high at Mid Jan of just under £1.70 and then two peaks of £1.70 or just above in April and May although many would say that was the dreaded failed double top with some justification.

Due to another opportunity in my favourite micro cap I wanted to add I disposed of my holding in my ISA yesterday and bought more of this other stock in my ISA.

So I am flat as well

I am a little worried that you could argue there is a twin peak and a dome forming but as I see it is more relevant of three peaks and a dome for a bearish reversal eg June 22 though Dec 2023 I am slightly out of my depth at reading tea leaves so I have reverted to watching...

Would be interested in your views as it seems the share buy back is merely propping the chart up....my gut extinct is it is a long term hold if the firm sorts out the USA logistic mess

But I am in a watching mode and I do not know how popular they still are in the USA or whether they have permanently lost some clients

I was never a mad fan as my generation linked them to skin heads LOL
But they seem to have gone trendy.

[kash_] 20/9/2023 14:18

Have a look for yourself

[kash_] 20/9/2023 14:14

Which chart are you looking at?Don't get me wrong I'm watching because I'm interested to buyDishonest? Pmsl

[seagreen] 20/9/2023 12:56

kash old chap there was a higher high in May/June 2023 the global brand is established the reason for the fall in sales due to the USA is well documented it is now being rectified it is a recovery story there is a share buy back program in play because the BOD's feel the share price has fallen too much and it makes sense. Interest rates are falling the art of spivy little margined short selling bets is coming to its end as the economy is turning, Maybe best to close your short and buy a few for the long term in an ISA.

But it is a free world, but your dishonest posts may become increasingly obvious and purile.