Jacques Vert Share Discussion Threads

[alfwilson] 17/1/2005 14:50

day_dreamer

I am a bit late in discovering JQV but I can now see what you are getting at ... despite the comments associated with interims ... they look like a one way bet with a lot of upside. I will put them on my list and review when I am able to free up some cash.

[day_dreamer] 17/1/2005 10:50

mm's determined to flush out sellers here in Jqv, marked down
twice on very low volume but i'm still getting bid quotes for
100k so i think they are trying to get the stock back cheaply
that they sold for 17p+ on Friday.

This is a bargain price again, this company is well on the mend,
will go a lot higher this year imho.

Gravy

[day_dreamer] 14/1/2005 15:03

What do mm's do when loads of buys go through at top offer price ?

They drop the offer in a attempt to shake out some traders/sellers
but so far it's not working.

Still getting bid 16.64p for 100k and 16.9p offer for 75k.

Anything under 17p is great value if you can hold med/long term.

Gravy

[day_dreamer] 14/1/2005 11:16

Others agree as well agnes3 !

Look at those trades, delayed 75k buy at top price for
a while of 17.5p so somebody thinks they are worth paying
that price despite the penny spread.

Gravy

[terry91] 14/1/2005 10:26

L2 on the move 2 v 2 now on the higher bid was 1 bid 4 offer seems any buying and up it goes.

[day_dreamer] 14/1/2005 10:05

Have some faith agnes3 !

In the past the market has been sceptical of JQV, they've always
had these sky high forcasts which put them on PER's of 2-3 which made
them out to be a bargain but there has been so much work done and
still to be done with the baird merger that the promised good times
are only just started to filter through, the sector is a tough one
we all know but the market loves a recovery story and the stock has
a lot of room for a recovery in price which would still leave them
on a very low PER, apparently the EPS forcast for this year is 3.2p,
that alone puts them on a forward PER of 5-6p...it's too low given
that the company is also well on the way to eliminating their debt.

Gravy

[agnes3] 14/1/2005 09:43

I have some of these and have been patiently waiting, could have been worthwhile, but the state of the retail trade suggests an even longer wait to regain the 20 p`s

[day_dreamer] 14/1/2005 09:41

Not surprised the stock is higher today.

Remember those results were just interim results !
They have a lot more scope to reduce costs as they hinted
and make even more profits.
Hoping this will start a steady uptrend for the stock, they
are already close to the 17p resistance level, if they can break
that and hold then a uptrend could happen.
Any news of director buys yesterday would aid this.

Very short term the mm's are bidding for lots of stock, i'm getting
quoted 16.34p bid for 150k and 17p offer for 50k.

Gravy

[terry91] 14/1/2005 00:37

From the FT today

Jacques Vert recovered from its early falls to close ¾p higher at 16p, after the clothing retailer announced that like-for-like sales were up 1.1% in the 10 weeks since the end of the first half

[day_dreamer] 13/1/2005 15:36

Well my old favourite Jacques Vert is well on the road to recovery.
Like the debt situation, at this rate they will be debt free before
the half year.
Cautious statement but they have been issuing cautious statements
forever it would seem, they still have the ability even when trading
is tough to churn out a lot of profit from this new combined business.
I do recall old broker forcasts of 8mil which were way off the mark
but it's not a surprise the smart money is buying, they look very cheap
on what they might achieve this year and next if you have the patience
to hold the stock, also possible that the directors have bought today
looking at the 70/150k trades.
I think this is a very good punt now.

Gravy

[ferrettoast] 13/1/2005 10:35

at last the buys are starting to come in. Hopefully there will be positive comment in I C and shares magazine and a general rerating. I am a long term holder of JQV and do not intend selling at this deflated level

[1destiny1] 13/1/2005 09:00

im so serprised this is down .. another stock would be up significantly

[dennyinv] 13/1/2005 08:19

Encouraging results.Growth on course and happy to be holding.

[shirishg] 05/1/2005 10:41

Post removed by ADVFN

[shirishg] 04/1/2005 13:56

Post removed by ADVFN

[dennyinv] 18/12/2004 13:18

standy
Better late than never.Watch this space.

[napoleon 14th] 12/12/2004 01:01

General retailing chill, maybe.

[standish11] 04/12/2004 20:02

dennyinv
What happened to the breakout to over 20p you predicted?I'm glad I wasn't tempted to buy or I might have been headed for a breakdown by now!
Anyone know the reason for the recent price weakness?

[mauts daughter] 30/11/2004 11:39

oops there`s the anser down -5%

[mauts daughter] 30/11/2004 10:39

mm`s are shown selling a few in M trades, whats up?

[minho] 21/11/2004 20:36

josephjoe well said .

[lordgnome] 13/11/2004 15:53

Does anyone know what share options have been granted to the Directors? This might answer the question as to why they don't own many shares - they might not need to!
I lost a packet on these last time in. I sold out to buy Marchpole - one of my better decisions. Still on my watch list though.

[dennyinv] 12/11/2004 08:54

a breakout is imminent,I,d expect a push above 20p any moment.A positive RNS would do nicely now.IMHO.Opinions please all JQVites.

[noonrush] 05/11/2004 14:33

I attended the AGM on Sept 7th, as a shareholder I must say I was impressed with the managment.It has taken time to pull this company around.Derek Lovelock (ch)ended the meeting saying that the company was set to achieve its brokers estimates which as you may know is 6.50 million pretax giving an EPS of 3.20 for the year end 24 th april 2005.I don't think there are anymore serious adverse surprises,however it should not be forgotten that the directors do not hold any shares in the company...PC Allen 10k....CJ Baker 10k and thats it.Its reasonable to expect some form of trading statment shortly as the end of the first 6 months was 26 oct.Its my view but I believe the company is currently well under valued .