Joules Dividends - JOUL

Joules Dividends - JOUL

Stock Name Stock Symbol Market Stock Type
Joules Group Plc JOUL London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 9.22 00:00:00
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Joules JOUL Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

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Top Posts
Posted at 01/12/2022 14:14 by nocton
So Tom Joules and Next clean up.

"Next will own 74% of the equity of the Company, with the remaining 26% owned by Tom Joule."
"I'm so pleased that we have been able to strike a deal that protects the future of the company for all its loyal customers, its employees and also for the town of Market Harborough, which have been so central to Joules' success."

So stuff the shareholders.

Posted at 14/11/2022 15:33 by debsdowner
Tom Joul had 24 million shares in the company at one time they were worth tens of millions he will be competely sick at the current situation but if he wasn't prepared to dish up money then the company wans't profitable.


Posted at 14/11/2022 09:27 by debsdowner
No Teatum lost his stake I did warn he knew nothing about fashion.

Joules facing administration


Joul having a Black Friday 70% off SALE but it is too late.

All those workers facing redundancy not a good Christmas for them. But hopefully they will find other work as there are over a million vacancies.

Posted at 07/11/2022 09:24 by blackhorse23
It's in TV news today , Joul unable to pay it's loan repayments ! Another made,com
Posted at 10/10/2022 09:00 by debsdowner
No mention of CVA in September media report after SKY said company was looking at a CVA


Joules is struggling to stay afloat the £20 million vanity project head office must be costing a lot to operate.


Harry do you know what struggling to stay afloat means ?

Posted at 07/10/2022 16:36 by debsdowner

I tend to agree there is no clear reason to buy with so many uncertainties. I can recal when the share price was much higher and the market makers hiked the price up to then see if fall significantl again.

Maybe the banks are supporting them repaying dow the debt?


Have seen this time and time again people quoting turnover and market cap. But all this is irrelevant in a deteriorating situation. The compaby is struggling with high debts and the banks have told the company they cannot pay a divi so they must be worried. The company statements been too ambiguous and there is something NEXT didn't like!

So I would put this question to you why with the market cap so low (at the time) did NEXT tell Joules they were not prepared to make a stake which would have paid debt down?

I can only think soemthing worried NEXT and NEXT isn't without cash it would have cost NEXT not that much.

There are too many unanswered questions to my mind.

Good luck to holders if Iam found to be wrong I will appologise.

Posted at 05/10/2022 10:50 by debsdowner

I suspect the market makers taking on stock then hiking prices hoping to drag bottom fishers in.

There is no reason to buy here imo TESCO profits came in at bottom end of forecasts and warned shoppers are watching every penny.

Well that doesn't suggest to me like Joules will be able to sell at anything like full price in fact consumer spend is bound to get worse with both inflation and cost of mortgages going up.

We must be in recession and it could last 18 months or more.

No dividend and although Joules in talks about NEXT platform there are that many brands out there already competition is fierce.

If I was Lord Wolfson I would drag out talks and wait for Joules to hit the wall.

Posted at 29/9/2022 19:52 by blackhorse23
Joul hiring administrator
Posted at 13/8/2022 10:14 by blackhorse23
To me Joul overvalued mcap 47m , revenue 190m NO DIVIDEND, no growth ... etc but stock there eg CURY (LSE) mcap 700m , revenues 10.2 billion , dividend yields 7% , growth 10% ... no reason to stay here
Posted at 07/4/2022 16:13 by paulypilot
Hi debsdowner,

In an ideal world, yes you're right. Full price sales always better.
But JOUL is a problem share at the moment, having had 2 profit warnings, so to my mind the more pressing issue is to turn excess inventories into cash. The 30% off sale, even on new ranges, seems a lot deeper than the usual end of season clearance sales. If that generates cash and means no placing, then I'm happy with that approach for now, but as you say, getting the designs & pricing right so they can return to full price sales, is the next step.

I did some rough calculations on how JOUL margin might work (my estimates) -

£60 - item sold at full price
£(10) - less VAT
£50 - turnover/revenue in accounts
£(15) - cost of garment (assuming a 4x markup from cost exc VAT to sale inc VAT)
£35 - gross profit
This gives a 70% gross margin, for a full price retail/own website sale.

The same item is then sold at a 30% discount:
£42 - retail sale at 30% off
£(7) - less VAT
£35 - turnover/revenue
£(15) - cost of garment is the same as above
£20 - gross profit
This gives a 57% gross margin - lower than 70%, but still very good.

The other thing to consider, is that JOUL will sell many more items at 30% less, I estimate about double the volume, based on my (now rather dated!) experience in the sector in the 1990s.
Hence your cash gross margin in £ terms, from selling 2x the volume, at 30% less, is £104, instead of £70 at full price. There would be increased overheads too, such as packaging & postage, etc, but it would probably still end up being more profitable to knock selling prices down by 30%.

The best situation is to get the product so right, that people will pay over the top for it. However, not many brands can do that season after season. That's why they so often get into trouble, e.g. as you say, TED, and also SDRY (I hold) and JOUL (I hold). SDRY & JOUL could be multibaggers from here I reckon, if they get the product right (jury's out on both at the moment, time will tell!)

Regards, Paul.

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