Jacques Vert Share Discussion Threads

[envirovision] 21/1/2011 13:07

seems a bit of a seller out there

[wjccghcc] 13/1/2011 13:17

You ought to stip out the asbestos provisions to get a true cash figure of 5.4mm so about 20% of mkt cap is cash. Better LFL than I was expecting though.

The Missus tried to buy some stuff online from them but was told it doesn't work with Macs.

[the big fella] 13/1/2011 10:23

I too have added.

[davydoo] 13/1/2011 09:20

I'm very happy with the results and bought some more this am. Plenty of opportunity for inproved profits with the culling of poor space and new IT expenditure

[davidosh] 13/1/2011 08:37

The results look pretty solid especially considering the weather must have affected the first two weeks of December in particular. Sounds like they were well ahead in October and November. They should still manage at least last years earnings IMO so a p/e of 5 and nearly half the market cap in cash.

[philo124] 13/1/2011 08:18

Results out.

[2breakout] 22/11/2010 14:40

anyone got a link to the telegraph article? thanks

[davydoo] 22/11/2010 13:16

Thanks for sharing davidosh. Im invested in a company that provide this kind of software to fashion retaliers; Prologic (PGC) I had hoped it would be them when i opened the link, but sadly not, a canadian competitor, but hopefully great oportunity for JQV to improve things, particulalry unnecessary wastage and overstocking followed by discounting.

[davidosh] 22/11/2010 13:04

Write up on TMF if anyone wants to add their thoughts....

[davidosh] 22/11/2010 09:28

Did you guys see this news ?



Ian Johnson the FD makes it sound like the current system if there is one was created in the stone age !!

[gargoyle2] 16/11/2010 17:42

A few (relatively) largeish trades going through at the mid-price of 15.75p today. I know for a fact - because it was mine - that the first of these (100k shares at 11-24am) was a buy, even though I was being quoted 16.5p at the time. I suspect the next three trades (2x100k and 1x75k) were also buys. Then came 2 smaller sells which pushed the price down..

[wjccghcc] 28/9/2010 10:13

Yup. LFL accelerated from 1.5% for 1st 9 weeks to 3.6% now. 33% of mkt cap in cash and a 12mm pension surplus must make them one of the most solid retailers around. 4% yield and not that much exposure to property given the predominance of their sales through concessions. FCF/EV of less than 4 compares with JD Sports of 7.

Added some at 15.8p.

[cockneyrebel] 28/9/2010 10:07

That trading statement sounnds in-line to me.

Fwd PE 6 and a 4.3% yield here.

yep - 0.7p divi is the whole year Omerta.

CR

[gargoyle2] 28/9/2010 07:59

AGM is today - I was hoping for a progress update, but can't see anything so far..

[omerta] 14/9/2010 12:37

CR.... is that 0.7p forcast in writing for the whole the the current year? ......thanks

[cockneyrebel] 14/9/2010 12:03

These have returned to paying a divi which shows confidence goimng forward and pay a 0.65p final divi that goes xd tonight at the close. another 0.7p is forecast for the year ahead so over the next 52 weeks and 1 day you get over 8% back in yield.

Directors buying and company now in growth mode.

XD tonight at the close, AGM in a week or so. PE 6.9.

"The Board has previously indicated the desire to return to the dividend list but
it would do so only when the financial position of the Company is strong enough
to sustain the payment of a dividend. Given the progress that has been made in
strengthening the financial position of the Company the Board now believes that
the time is right for the Company to start to pay a dividend.
The Board therefore proposes a final dividend of 0.65p per share in respect of
the year ended 24 April 2010. "

CR

[cockneyrebel] 13/9/2010 18:38

Making new highs today ahead of the AGM I know that :-)

CR

[davidosh] 13/9/2010 17:40

Anyone else coming to the AGM in a couple of weeks ?

[gargoyle2] 13/9/2010 13:52

Breakout very soon, I reckon. AGM is about 2 weeks. Some positive news there and this will be heading north.

[balcony] 09/8/2010 09:04

Looks like a breakout anytime

[davidosh] 16/7/2010 19:27

Here is the answer....



The Company was informed on 16 July that, on 15 July 2010 Waillim Limited, a company controlled by the Alchemy Investment Plan, sold 50,627,173 ordinary shares of 10p ("Ordinary Shares") in the Company, representing 26.31% of the Company's issued share capital. Following this sale, Waillim Limited no longer has a shareholding in the Company. The shares sold have been placed by Seymour Pierce with a number of new institutional and other investors, some of whom will now have a notifiable interest that will be announced in due course. The placing was over-subscribed.

In addition the directors have been buying....

Steve Bodger (Chairman)

200,000
200,000 (0.10%)

Paul Allen (Chief Executive)

150,000
1,307,794 (0.68%)

Ian Johnson (Finance Director)

150,000
845,671 (0.44%)


So oversubscribed and the directors buying. Very good news for shareholders and no dominant party on the share register now.

[powderhound] 16/7/2010 03:59

someone seems to know something, are they poised to benefit from the upturn or are they planning something else, takeover?

[davidosh] 16/7/2010 02:20

Blimey 85 million seem to have changed hands. Anyone got any thoughts ?

Even if they were shown as a buy and a sell for each party that is still 23% of the company changing hands.