Jacques Vert Share Discussion Threads

[vs] 07/7/2005 08:37

From today's RNS:

* Operating profit before exceptional items up 1.9 times to #5.9m (2004:
#3.1m)
* Profit/(loss) for the financial year #0.2m (2004: loss #5.4m)
* Retail Division: operating profit before exceptional items up 12% to #5.6m
(2004: #5.0m)
* Wholesale Division: returned to profitability - significant losses last
year
* Gross margin up over last year
* Group net debt largely eliminated - down from #4.3m last year
* Current Trading: in line with expectations, although market conditions
remain tough

And:
Basic earnings per share for the year amounted to 0.11p (2004: loss of 2.88p).
Earnings per share after adjusting for exceptional items, goodwill amortisation
and discount unwinding amounted to 2.91p (2004: 1.25p). No dividend is proposed
(2004: #nil).

Net debt at the year end amounted to #0.6m (2004: #4.3m) net of cash balances
of #3.1m (2004: #6.2m). Net assets at the year end were #12.4m (2004:
#12.1m).

-----
The reduction in debt should help EPS next year even if trading is tough. Once the exceptionals stop, the published EPS should look very good.

[james111] 07/7/2005 08:11

results look good to me, everything seems to be mooving in the right direction, I have been in here for years keep think the good times are around the corner, and still sitting on a nasty loss.
Still one day soon I hope........
regards James.

[farsight] 06/7/2005 17:57

On me list of bargain buys.

[sharw] 06/7/2005 17:35

The results were on the 6th. July last year and the 28th. July the year before. Unlike many other companies the date is not announced in advance, so expect them when you see them!

[bostonborn] 06/7/2005 13:51

I thought the results were out today. Does anyone know, if this is correct and when they might be issued? Or what to expect, etc?

[james111] 27/6/2005 16:35

bostonborn,
prelim due 6th july next wednesday. followed by annual report on 15th july. maybe some doing a T10 on the run up. just seems so slow this one I have been holding for a couple of years almost forgot i still have it.
lets hope its good news when we here results.
regards james.

[lordgnome] 21/6/2005 17:14

And still the share price is in free fall. Either this is a storming buy or the directors are all going to have egg on their faces. If it goes down much more, even I might be tempted.
Anyone else still holding these or is this the graveyard thread of ADVFN?

[vs] 20/4/2005 08:41

The Board of Jacques Vert Plc ("the Company"), the clothing retailer and
wholesaler, was advised on 18 April 2005 that a number of directors have
purchased ordinary shares in the Company on 18 April 2005 as set out below.

No. of shares %of share capital Price per share

Paul Allen, Chief Executive 153,593 0.080 14.75p
Ian Johnson, Finance Director 103,508 0.054 14.75p
Shena MacDonald, MD Womenswear 133,559 0.069 14.75p

These shares qualify as matching shares under the Jacques Vert Plc Long Term
Incentive Plan ("the Plan") and the Company has therefore granted, subject to
the rules of the Plan and the satisfaction of agreed performance conditions, the
right to acquire the same number of shares at nil cost in accordance with the
rules of the Plan ("the Matching Shares").

The purchased shares are held on behalf of the directors in the name of Regent
Capital Trust Corporation Ltd, as trustee for the Plan.

The Company has also granted the right to acquire the following shares under the
Plan ("the Restricted Shares") also subject to the rules of the Plan and the
satisfaction of the same agreed performance conditions.

No. of Shares

Paul Allen, Chief Executive 545,762
Ian Johnson, Finance Director 367,796
Shena MacDonald, MD Womenswear 474,576

In addition, the Company was advised on 19 April 2005 that Derek Lovelock,
non-executive chairman, acquired 100,000 shares on 19 April 2005 representing
0.052% of the share capital of the Company at a price of 15p per share. The
shares are held in his own name.

[day_dreamer] 08/2/2005 10:26

That 17p is a hard nut to crack for JQV.

I'm sure it will happen and when it does it will rise well
so keep watching for a break and hold above 17p.

Gravy

[day_dreamer] 07/2/2005 15:15

It's bang on that 17p resistance level again, look at the
chart and see that's it's been trying to break this level
for a while, will this week be the breakthrough ?..hard to say
but online quotes are not bad at present.

16.75p bid for 100k....17.38p offer for 50k.

Gravy

[terry91] 04/2/2005 18:13

50K took out an MM today then hay ho just before the close another 50K bought should be a very ibteresting week next week if the buyer carry's on.

[day_dreamer] 04/2/2005 10:13

One mm left now on 16.4p offer following that 50k buy.

Gravy

[day_dreamer] 02/2/2005 23:40

I think this will be moving upwards tomorrow, protected buy order
in place and a 50k buy after the close....as i said many moons ago
fill your boots because Jqv is cheap, they will be debt free this
year and making good profits despite the Alldays chaos !

Gravy

[agnes3] 02/2/2005 08:55

nah, its just a penny share to be traded, and worked hard, it will fall back again without backing

[terry91] 01/2/2005 18:11

The sells did not change L2 at all seems you are right DD some one collecting stock.

[day_dreamer] 01/2/2005 18:06

You contributed to filling 50k of the protected buy order agnes3 !

Somebody is keen pay top offer price for lots of stock !

Gravy

[agnes3] 01/2/2005 15:47

just sold my 25k, wait for another fall , and back in.

[day_dreamer] 31/1/2005 14:29

I can confirm there is a massive buy order in Jqv right now !

Online quotes on the bid are well impressive.

The online bid is 16.13p for 200k...never seen them bid for 200k
online before, somebody wants as much stock as possible, lots of
sells this morning absorbed also.

16.4p offer for 50k.

Gravy

[day_dreamer] 30/1/2005 14:58

All is well empirestate !

Again unfortunate for JQV to what's happened but that did not deter
a protected buyer from entering the market there for JQV shares on
Friday hence the bid recovering during the afternoon as the mm tried
to fill the order.

I think a September spread long will make a good profit once Jqv manages
to break out of this trading range.

Gravy

[empirestate] 28/1/2005 22:41

a buying opp precisely, hope all is well gravy

[day_dreamer] 28/1/2005 11:35

I would say that it's a bit unfortunate for JQV for this to happen
to them just as things are looking so bright but it's a blip and not
the end of the world so i agree with the share price broker in it might create
a buying opportunity.

Gravy

[agnes3] 28/1/2005 10:21

well there`s a bit of DYOR few holders thought of, well me anyway, Allders exposre £750k down the sink, Siemore Pierce see no problem, and advise buy on any weakness,

I think a big HHHHHHHHHHHHHHHMMMMMMMMMMMMMMMMM!is appropriate.

[cb7] 24/1/2005 10:47

been running the old slide rule over these yet again. Last summer decided no. Now I am not too sure. On the surface they seem great, but they always have failed to deliver thus far, and true to form I see that SYP have recently downgraded estimates to 5.75m eps2.8 this and 7.75m eps3.8 next. Still a buy? Yes, but history shows that these latest estimates should be taken with a bag of salt. I am sure that this share will double... the question is when. BDW was a can of worms and its taking a long time to sort out. The underlying eps may be 2.8 this yr, but nowadays investors often dislike exceptionals, goodwill etc that only serve to muddy the water. Expect headline eps nearer 1.6. The question is on which eps will the market value JQV?

[day_dreamer] 17/1/2005 15:06

Glad somebody agrees ;-))

What a difference a day makes... on
Friday there was buyers all over it and some big buys at
17.5p and today they cannot get one taker at 16.5p or better.
It's a bargain and it will get noticed eventually.

A spread bet with Igindex looks the best option if you have
a account, the Sep contract is very tempting to long at 17.25p !

Gravy