Dunelm Share Discussion Threads

[idiotsinthe darkrizandlintard] 15/9/2021 13:37

Yes - 65p in total - I am worried that it will weaken more than the dividend tomorrow given that some income funds might sell it after the divi and it has had a great run since the results.

[sarahbudd] 15/9/2021 12:25

Am I right in thinking that shares bought today with receive special dividend.. ?Ex div date being tomorrow

[bartyb] 13/9/2021 09:05

Dont forget 65p dividend date this week

[tole] 09/9/2021 06:16

Dunelm escaping supply chain issues, says AJ BellDunelm (DNLM) is delighting investors by dishing out dividends and, unlike its retail peers, seems to have avoided supply chain issues.The shares jumped 12.8%, or 165p, to close at £14.51 after the homeware retailer announced it was returning £178m to shareholders after enjoying sales of £1.3bn in the 2021 financial year, up from £1bn in 2020.Dunelm enjoyed a bumper year despite physical stores being shut for more than a third of the period as online shopping picked up the slack.AJ Bell analyst Russ Mould said: 'Dunelm has been busy restocking its warehouses after strong demand in its 2020 financial year ran down stockpiles, and it seems to have escaped any problems [on the supply] front.'It pays close attention to stock levels to ensure it can meet customer demand and management has also been working hard to mitigate inflationary cost pressures from raw materials, freight costs and driver shortages across its industry.'

[mike24] 08/9/2021 11:39

shareholders could make a visit to the Autumn & Spring Fair "International"
at NEC and then see the multicultural effect on retail, not easy to
accommodate so many different tastes as Dunelm have,

imagine the halo effect if they could open stores next to Primark
Aldi taking over a John Lewis store, but sharing space with Home Bargains

[ygor705] 08/9/2021 09:41

I hate shopping but my wife occasionally insists that I go along with her to do the heavy lifting. About a month ago I found myself be dragged around Dunelm in Dunstable after making an online purchase from that store as it had something that my wife couldn't get from anywhere else. What surprised me was that I actually found it an interesting place to shop and I ended up buying a further eight items I store which is something of a record for me. That visit got me interested in the shares and having also used the click and collect service (very good) and scouted through the accounts I decided to buy earlier in the week. Very glad that I did and am not surprised at the market reaction as the shares looked undervalued to me. Numbers look very solid and with a Terence Conran feel beginning to appear in some of the stores, easy parking and an increasing digital presence prospects look good.

[bartyb] 08/9/2021 09:04

I said sales were good

[gswredland] 08/9/2021 07:47

Yep nothing to dislike!

[paulisi] 08/9/2021 07:31

Terrific set of results, special dividend and FY22 predicted to be top end or above expectations.Share price should rally.

[bartyb] 07/9/2021 01:26

However the market may perceive any statements regarding the supply chain due to Brexit or drivers as negative.

[big_cat] 06/9/2021 11:15

Barty - where does that info come from?

[bartyb] 06/9/2021 10:25

Sales are really good

[wetdream] 03/9/2021 10:23

All about managing expectations.
;-)

[bartyb] 03/9/2021 08:47

Wednesday 8th

[bigbaggy] 03/9/2021 08:29

Are the results out Monday?

[bartyb] 04/8/2021 11:15

I wonder if the sellers read the results. Sales up over 100% on last year and 43% on 2019 and all stores open now. Also ship that was held in Suez is now back in uk.That had a load of containers with stock.

[bartyb] 04/8/2021 09:07

They are really busy and have been all along.I have this on good authority.

[tomps2] 23/7/2021 10:45

PIWORLD interview with Paul Jourdan, Amati Global Investors mentions Dunelm (DNLM) at 6m35s see here:

Video:
Podcast:

[chessman2] 19/7/2021 08:23

I’ve seen the share price fall so have made a purchase as I believe any buy under £13 is very good value.

The Telegraph was perhaps a little early with their recent buy recommendation nonetheless IMO and given time DNLM will return to the recent heady heights.

There is also good dividend income to look forward to.

[tole] 17/7/2021 05:57

https://citywire.co.uk/funds-insider/news/the-expert-view-dunelm-kainos-burberry-barratt-and-provident-financial/a1530905Peel Hunt: Dunelm is 'dividend ready'After a strong pandemic performance, homeware retailer Dunelm (DNLM) looks set out to pay out bumper dividends, says broker Peel Hunt.Analyst John Stevenson reiterated his 'buy' recommendation and target price of £17.50 on the stock, which closed down 6.3%, or 90p, at £13.49 on Wednesday after a quarterly update that showed revenues up 43.9% against 2019. Profit for the full year is expected to be £158m, or £9m ahead of Stevenson's previous forecast.The analyst said the cash balance of £129m is also ahead of expectations and 'management is committed to a return to published capital policies'.'Historically, this would mean gearing up to...and paying out surplus cash as a special. In reality, we would expect some caution given uncertainty as to whether any Covid-19 restrictions might return over winter,' he said. However, by the company's 2022 financial year, Stevenson expects the retailer to hold cash of over £350m, and has 'pencilled in combined financial year 2021 and 2022 dividend payments of £270m' by September 2022. Dunelm could end up paying out even more 'given the current strength of the balance sheet', he added.

[alphabeta4] 15/7/2021 15:23

Agree with the tough comps comment but would add that Q4 sales came in at £380m vs a £1393m av analyst forecast for FY22 so this is kind of baked in plus if my calcs are correct then there would still have been a £20m dent from store reopening not being until 12/4 meaning the 'true' starting point for sales is £400m a quarter. I don't see a rush back to the office anytime soon so should certainly do well for now IMHO giving a good start to the year.

[pyemckay] 15/7/2021 12:08

slower growth mentioned by several retailers could be pressuring weak holders. The pent up demand has disappeared in my humble opinion. Its now down to the proper growth of retailers now.

Dunelm is very well placed compared to other retailers and has most possibly been harshly treated recently. As investors we can profit from this.

[big_cat] 15/7/2021 11:19

All good news but shares down 9% over 2 days? Can someone throw light on the share reaction?