Majestic Wine Share Discussion Threads

[lgw500] 06/1/2016 22:35

Well, the share price has woken up! Post Christmas cheer or is someone interested? Who knows what may happen after yesterday's odd announcement from Sainsbury's! Aldi or Lidl? Stranger things have happened.

[emeraldzebra] 06/1/2016 12:46

LGW500 - i think that is quite an astute observation in respect of Lidl and Aldi - and i wonder what a good fit that might turn out to be - given that one of the biggest drawbacks to Majestic in recent times has been the issue of overcapacity. Maybe a very good opportunity to jump in for an improvement to the mid 300p area as these do not seem wildly expensive right now. In the absence of a bid, as Zcap mentions, any marked improvement in fortunes will take time.....But strongly believe with the new management - Improvement WILL happen. Head man is a workaholic too which might count for something.

[zcaprd7] 15/12/2015 18:40

I think they will go Boho premium, wine growing collective, like naked wines... It will take time.

[lgw500] 15/12/2015 16:51

Santa and his merry helpers will be picking this share up for £2 by Christmas. Why not offer one share with every bottle purchased? Surely it is close to a bid from Aldi and Lidl. The City says they are the only successful retailer in town and they need stores.

[filster] 08/12/2015 09:42

I can't see them combining with A N Other especially a supermarkets. The two brands you've mentioned aren't viewed as premium brands whereas MJW is at least an upper to mid brand. I don't think either of the two would sit well together. MJW have a clear plan and have reduced their minimum purchase of 6 bottles, only time will tell if that helps them as they hope. I certainly know that in the past I've sometimes only wanted one or two bottles and felt it easier/cheaper to just buy from Sainsburys or Tesco.

The slight issue I have with MJW is that they price something like Bollinger with a 33% discount vs. a Supermarket at 25% discount but no prizes for guessing which one is actually cheaper! I think that they are attempting to get back to their roots and on a bit of a journey of rediscovery - they need to gain customer trust and get people through the door. They've got some cracking wines in there but you don't always know about them and 'everyone' sells the brands...

I like the layout of the stores and the staff are always helpful and knowledgeable whereas quite a few other chains (admittedly in different sectors) don't have that - there's definitely a difference between MJW and most, if not all, supermarkets.

I think the other difficulty is in providing wines that (some) people recognise or are willing to try whilst not having the supermarkets tread on their toes and nab those wines. Although Supermarkets seem to churn their lines of stock a lot more than MJW.

[originalbm] 08/12/2015 08:01

Fidelity has gone 8% - I would say that is a very good omen.

[cockneyrebel] 04/12/2015 12:58

A double bottom and bounce is on here imo:


free stock charts from uk.advfn.com


Quiet thread with just a dopey troll posting day after day (filtered by the way) - punters bored, - that's when stocks rally imo.

CR

[lgw500] 04/12/2015 12:21

Time for Majestic Wines to combine with Aldi or Lidl. Rationale - the world loves Aldi and Lidl for some reason and they need sites (seemingly they can do well at difficult to park sites which M&S and the others cannot do), Majestic will never be able to compete long term against the stores and Majestic/ Naked Wines could be a powerful sub-brand within an Aldi or Lidl.

[onjohn] 17/11/2015 12:24

15k buy at full ask

[goliard] 17/11/2015 11:36

Hopefully back to 450p and I can short it again!!

[onjohn] 17/11/2015 10:20

come on snake

[onjohn] 17/11/2015 08:15

Fast snake

[onjohn] 17/11/2015 08:11

Snake has left the bat cave , heading Northwards

[onjohn] 16/11/2015 13:03

bounced to 480p last time

[goliard] 16/11/2015 11:43

I got lucky closing my short when I did today, but I don't agree that this should rise and I don't accept what Liberium has stated. Even their explanation for a lower target price doesn't make sense. They may have put demanding targets in place, but their isn't much to explain how they will get there. Feels like a roll of the dice for the new executive board and they have bought themselves two or maybe three years where they can just say that they are meeting expectations even if results are poor.

[originalbm] 16/11/2015 11:10

You could be spot on there. I was in since naked wines acquisition so Remember bounce well. I read this morning results more like liberum. Think Gormley could well surprise many here. Not one for brand loyalty but i have to say naked wines does inspire it.

[cockneyrebel] 16/11/2015 10:50

Bouncened like this on the last results too originalbm - was up strongly the following few days, check out the chart imo.

CR

[cockneyrebel] 16/11/2015 10:48

MJW: Liberum

The performance of the business is strong with all four units delivering sales growth. The core Majestic business has done better than expected. However the key focus today will be on the strategy update where the new management have highlighted their view of the future. The have laid out some challenging targets from sales, cashflow and ROI targets which we feel highlight the ambition. The costs to deliver this new strategy represent a shift from capex to opex thereby the distortion to the P&L should be over-looked in favour of what remains a very strong and highly cash generative business. We retain BUY but move our TP to 400p following what has been a very poor share price performance leading into these results.

[originalbm] 16/11/2015 10:34

Could be positive by close at this rate.

[typo56] 16/11/2015 09:17

"En Primeur in English. That's rich from a poster called Cestnous!"

lol, touché

[alter ego] 16/11/2015 09:06

En Primeur in English. That's rich from a poster called Cestnous!

[cockneyrebel] 16/11/2015 08:18

Looks like being a long slog - a lot of years of poor management for Gormley to change.

Huge potential - will there be a better time to buy/ad tho?

CR