French Connection Share Discussion Threads

[miti 1000] 02/6/2014 16:07

Has it been downgraded ?

[bene449] 24/5/2014 15:53

Looks as if it has bottomed and now heading back up to 90p.

[bamboo2] 21/5/2014 10:23

Strange he said nothing here.

=====================================

This should help,

UK retail sales grew by 6.9% in April compared with the same month a year earlier, new figures show, making it the strongest annual rise in ten years.

Quarterly retail sales have now grown for 14 months in a row, the ONS added.

=====================================

And this,

Burberry, the UK luxury fashion brand, has announced a jump in annual profits and revenue.

Adjusted pre-tax profit for the year to the end of March was £461m, up 8% on the £428m the company posted a year ago. Revenue rose by 17% to £2.33bn.

[she-ra] 19/5/2014 16:51

Looks like French Connection are getting serious with their men's clothing:

[bamboo2] 17/5/2014 19:16

In contrast to fccn's outlook, Nordstrom has reported US sales figures well ahead of forecast leading to a pop in their share price They stock a significant amount of French Connection product which leads me to think that we could see our US outlook revised up at some point in the coming months.

[bamboo2] 16/5/2014 20:10

I had a feeling that the gap around 80 on the way up might need filling. Hopefully we'll do it properly this time.

I'm surprised Paul [Scott] hasn't made an appearance.

[wellhard] 16/5/2014 18:20

All is good in the big picture of FCCN. Nothing goes up in straight line, keep the faith.

[bamboo2] 16/5/2014 17:37

16 May 2014

FRENCH CONNECTION GROUP PLC

DIRECTOR/PDMR Shareholding

Purchase of shares

French Connection Group plc ("the Company") today confirms that it was notified on 16 May 2014 that Adam Castleton, Group Finance Director, had on 16 May 2014, in London, purchased 6,600 ordinary shares in the Company at a price of 75.0p per ordinary share. Following this purchase, Adam Castleton now holds 81,600 ordinary shares, representing 0.08% of the Company's issued ordinary share capital

[bamboo2] 15/5/2014 19:37

edit, looks like two x 30k late trades dragged share price down at the close

[wellhard] 15/5/2014 18:08

Its a marathon not a sprint...........LTH

[she-ra] 15/5/2014 15:29

Investors Chronicle chose to focus on the marginal US business rather than the core UK/Europe business. I wonder if they have put in a short whilst they review their recommendation?

However what we are seeing is a solid turnaround. Without the mid-season sale margins are clearly going to be higher. And what we want to see is a profitable company. Im confident French Connection is heading in that direction. I just hope all the city scribblers aren't playing games with this share.

[mustau] 15/5/2014 14:49

With the markets as they are, taken some profit but feel this still has a long way to go. Lfl up without discounting during Easter can't be bad.

[philanderer] 15/5/2014 12:15

bamboo, it`s a quiet one at the moment but I`ve got high hopes for AHCG

[she-ra] 15/5/2014 11:26

Numis have increased their target price to 105p and Cantor Fitzgerald have raised their target price to 80p.

Brokers seem to like the trading statement.

[she-ra] 15/5/2014 09:55

No mid-season sale and lfl is up 9%. Theyre doing something right here and as a company they are on the up.

[bamboo2] 15/5/2014 09:53

Phil, definitely, have you any others making similar moves?

I have great hopes for invp.

[philanderer] 15/5/2014 09:47

Morning bamboo, I`ll keep FCCN on the watchlist , no complaints , was in on an average of 42p and top sliced on the way up..... if only all my investments were as good ;-)

[frenchfry] 15/5/2014 09:47

At which point it's a marvellous time to top up existing holdings.

[fillipe] 15/5/2014 09:40

I'm out for now.

f

[bamboo2] 15/5/2014 09:17

Hi phil, sorry to hear that you are stopped out. Was a big drop at the open.
I hope more recent holders have coped ok.
We just went back two weeks.

[philanderer] 15/5/2014 08:46

Morning all , afraid I`m out , trailing stop loss well and truly hit by that

Luck to all holders.