Footasylum Share Discussion Threads

[ggbarabajagal] 18/12/2017 08:05

hard to buy today
Buying 5,000 FOOTASYLUM PLC ORD GBP0.001 shares
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[ggbarabajagal] 17/12/2017 18:03

now my dosh going on FOOTASYLUM plc 205p for 2018 looking for 350p.

[lomax99] 17/12/2017 12:41

It isn't just 60 shops, £42M, 29% of turnover comes from online sales.

[vatpaul] 17/12/2017 10:29

hxxp://www.morningstar.co.uk/uk/news/163171/top-smaller-company-stocks-for-growth-investors.aspx


Footasylum (FOOT)
Retail stocks are out of favour.
But Richard Bullas, manager of the Morningstar Bronze rated Franklin UK Smaller Companies fund, says the best way to play the sector is to find those that are on a “growth track”. “We try to stay away from the mature stocks where they’re trying to eke out 3-4% sales growth.”
Bullas recently took part in the initial public offering of footwear retailer Footasylum. Run by the team that had success with JD Sports (JD), Bullas says it’s on a store rollout plan and has aspirations to take its current 55-shop portfolio to 150 in the next five years.
The popularity of athleisure apparel is fast growing, as shown by the success of companies in the sector JD and SuperDry (SGP). Those two stocks are currently up over 800% and 200% respectively in the past five years.
While Footasylum is later to the party, Bullas still sees it as “a big growth area”. It’s solely UK-focused currently, but he foresees a similar path to JD and an expansion into Europe once its UK plan is in place. “They’re already generating a little bit of overseas interest through the website without pushing it or marketing it.”
At 201p currently, Footasylum’s share price is trading 6% above its flotation price three weeks ago.

[john09] 16/12/2017 17:44

£213m for 60 sports shops. Rolling out just 10 more pre year. Sorry but I think SCSW and TMI have this wrong

[lomax99] 16/12/2017 17:41

On their website from midnight last night, available to subscribers.

[nw99] 16/12/2017 15:15

When did that come out ?

[lomax99] 16/12/2017 11:27

One of Momentum Investors 10 'naps' for 2018.

[nw99] 12/12/2017 20:05

This is the best stock to buy ahead of any 2018 stock tips

[john09] 12/12/2017 18:13

Yes they have, and yet the shares haven’t budged. Which says it all... if they are a 2018 recommendation I think you’ll get 5% movement on the day , and then it’ll go down. Sorry but I can’t believe 60 sports shops are valued at £200m and I think this will recede a fair bit before it becomes a growth stock worth buying into .

[adorling] 12/12/2017 15:07

Don't forget that Small Company Share Watch has already indicated quite strongly that FOOT may we'll be in their 2018 Share Recommendations list . This is a good time to take a position for anyone thinking of investing IMO as SCSW has a strong history of picking winners in the "roll out" retail sector.

[montynj] 10/12/2017 19:23

The business is small by retailer standards with 62 stores and sales of £147m but it has the desire and ability to grow much bigger, with ten stores planned a year to an ultimate goal of 150.   Sales rose from £78m to £147m between Feb 15-17, a 37% annual clip. Over the same period, EBITDA has ballooned from £2.2m to £11.2m, a 126% annual clip. Its EBITDA margin of 7.6% in 2017 represents a healthy level, although as it gets bigger it can push towards JD Sports' 10%. The shares are set  to take off. E-commerce sales have rocketed up from £17.5m to £42m in the three years to February 2017. It is now about to launch international websites and is also making a push into womenswear and wholesale by putting its ranges into the likes of ASOS and other third party retailers. 

[nw99] 08/12/2017 15:24

Been ordering some gear from them nothing but high praise indeed for the order speed .

[montynj] 08/12/2017 13:59

I just bought another 2486 shares just now

[opodio] 05/12/2017 08:36

New store alert at Broughton 📣

For those of you amongst us who like a bit of ‘Glorious Gangsta’ or ‘Kings Will Dream’ (never heard of them!) or the classics like Nike, Adidas (no Bukta sadly! Google it) there’s a new store opening at Flintshire’s favourite shopping park next week.

Here’s what the press release says:

Leading UK streetwear and sportswear retailer Footasylum is gearing up to open at Broughton next week, adding to the Flintshire retail centre’s growing list of high street brands.

Located next to Boots, Footasylum will be home to top sportswear brands such as Nike, Adidas, Vans and Puma, as well as showcasing up and coming lines from Gym King, Kings Will Dream and Glorious Gangsta.

The new store opens its doors on Wednesday 22nd November and will celebrate the occasion officially on Friday 24th November with live music and a host of brilliant Black Friday deals.

The opening will bring 50 new jobs to the local area and follows a long line of new arrivals at Broughton this year, including JD Sports and The Body Shop.

Jon Picken, Footasylum’s senior area operations manager, said: “This is an exciting time for Footasylum as we expand across the UK, and our new store opening at Broughton is another vital addition to our portfolio.

“Local shoppers are going to be able to get their hands on some of the world’s leading brands – we can’t wait to see the response the store gets.”

Alan Barker, centre manager at Broughton, added: “Footasylum will give our shoppers even more choice when it comes to streetwear and sportswear – I’m sure we’ll have quite the queue of people wanting a first glimpse.

“The store will add to Broughton’s impressive list of big brands and shows our dedication to providing the best shopping experience possible.”

[opodio] 04/12/2017 15:28

buys clatting in

[nw99] 04/12/2017 08:58

E commerce sales are rocketing here and international websites will gain massive traction.

[surething1] 28/11/2017 00:34

Thanks for your insight Graham.

[surething1] 28/11/2017 00:34

Thanks for your insight Graham.

[grahamwales] 27/11/2017 16:21

Oh yeah

This is the right share for you if they drop the foot bit.

[grahamwales] 27/11/2017 16:20

Opodio

Looks like your on your own here, this one will be going down beware of profit taking :-)

[opodio] 27/11/2017 16:13

last mm at 207 to buy

[opodio] 27/11/2017 13:27

Good breakout on high volume

[surething1] 27/11/2017 11:32

Don't think the target market ever leave positive review to be fair