Share Name Share Symbol Market Type Share ISIN Share Description
Majestic Wine LSE:WINE London Ordinary Share GB00B021F836 ORD 7.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25p -0.08% 317.50p 315.50p 317.25p 320.00p 315.00p 318.50p 48,842 16:35:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 465.4 -1.5 -4.1 - 226.62

Majestic Wine Share Discussion Threads

Showing 2976 to 2998 of 3000 messages
Chat Pages: 120  119  118  117  116  115  114  113  112  111  110  109  Older
DateSubjectAuthorDiscuss
12/8/2017
09:39
Look at IDP going to break out
hitsha1
12/8/2017
09:08
Shorts increasing here. Will be taking a look www.shareprophets.com/views/30906/table-of-shorted-aim-shares-week-to-11-08-2017
elcapital2017
28/7/2017
13:08
Http://www.bbc.com/news/health-40740247
grupo guitarlumber
17/7/2017
08:51
It has now dropped by one-fifth since the optimistic statement of a month ago (post 65). I'm increasingly inclined to take the loss on this one and move on. Holdings in Conviviality are doing much better
vulgaris
16/6/2017
13:15
I wonder if the chart wants to go sub 300p again A lower high now seems to be in 325p is key dyor
buywell3
16/6/2017
13:09
News More than half of Majestic Wine sales are now multichannel By Chloe Rigby June 16, 2017 - 12:12 pm Share: LinkedIn Twitter Facebook Google+ Email Majestic Wine [IRDX RMAJ] said this week that more than half of its sales in the year to April 3 were multichannel. The update came as the wine specialist, a Top100 retailer in IRUK Top500 research, reported revenues of £465m, up from £402m a year ago, and a pre-tax loss of £1.5m, down from profits of £4.7m a year earlier. Before one-off charges that mostly related to the acquisition of Naked Wines, the retailer reported pre-tax profits of £12.9m, down from £15m a year earlier. At Naked Wines, sales of £142.2m were 26.3% ahead on last year, with gross profits rising to £48.2m from £39.6m last time. The retailer aims to turn over £500m in sales by 2019. This week chief executive Rowan Gormley said that the retailer was “past the tipping point, both financially and operationally” and through “the most risky and cost-intensive phase of our transformation plan” after capital investment of £8m. We took a closer look at what the results told us about Majestic Wine’s multichannel strategy. Transformation plan Chairman Phil Wrigley said that in the two years since Majestic Wine bought online and social-media focused Naked Wines, appointing its chief executive Rowan Gormley to the same job in the enlarged business, Majestic Wine had grown into a predominantly multichannel business – 56% of full-year sales were multichannel – with fast-growing international sales (£88m, +52.7% in the full year). He said: “This report marks the halfway point on a three-year journey and the right time for me to hand over the baton to a new chairman for the next stage in our development.” Greg Hodder is to take over the role of chairman following Wrigley’s retirement. Chief executive Rowan Gormley said: “Operationally, we are through the most risky and cost-intensive phase of our transformation plan.” New IT systems built in-house have created a “solid platform for multichannel strategy” and the retailer now plans to start delivering customer-facing technology. Stores Store refits are leading to higher sales growth, while IT improvements have reduced manual data-entry workloads at store level. The retailer is looking to give store managers more control over their own stores and the ability to share in their store’s contribution as it aims to retain staff more effectively. Operations and logistics A new national fulfilment centre has enabled same-day delivery, the next-day delivery of more products, and a much broader range. The £1.8m cost of moving stock between branches has now been removed, while availability has improved from 62% to 82%. The Customer Majestic Wine generated “record numbers of customers and sales revenues” during the year. The retailer has created a data warehouse that it says enables more personalised mailings to smaller groups of customers. It says a review of content for customer communications has seen its welcome campaign become 15% more effective. Mentioned in this piece… Majestic Wines Majestic Wines IRDX: RMAJ Majestic Wine is a British wine retailer with 170 stores in the UK and three in France.
maywillow
15/6/2017
16:31
Over reaction, had to buy some for the bounce
gutterhead
15/6/2017
08:52
TELEGRAPH Sam Dean 15 June 2017 • 8:31am The boss of Majestic Wine has claimed the company is “past the tipping point” as it continues its transformation plan, despite falling to a full-year loss. The UK’s largest wine retailer said sales were up nearly 16pc in the year to April 3, with underlying revenues rising 11.4pc to £461m on a year-on-year basis. Majestic was boosted by its US-focused Naked Wine business, where sales were up 26pc and gross profit rose from £39.6m to £48.2m. However, it made a full-year loss before tax of £1.5m, down from a profit of £4.7m in the previous year. The company said this figure was a reflection of one-off charges relating to its acquisition of Naked Wines in April 2015. In a separate announcement, Majestic said its chairman Phil Wrigley would be retiring as chairman and stepping down from the board in August. He will be replaced by Greg Hogger, who was appointed as non-executive director in October 2015. Majestic is in the midst of a three-year transformation plan Majestic issued a profit warning in September last year, sending shares plummeting by 25pc. It has faced a number of problems in the US, including a bungled postal campaign to promote the Naked Wines business. However it enjoyed a bumper festive season with its “biggest ever Christmas”, and said it was now making good progress on its three-year transformation plan. “We are past the tipping point, both financially and operationally,”; said chief executive Rowan Gormley. “Operationally, we are through the most risky and cost intensive phase of our transformation plan. “Together these mean we have a business that is better able to weather the uncertain trading environment, with a sustainable growth model, the big strategic questions answered, a better paid and rewarded workforce and more effective systems and processes.” Majestic Wine shares were broadly unchanged in early trade at 385p.
waldron
04/5/2017
18:36
WINE tipped here in Trendwatch: hxxp://trendwatcham.com/buy-majestic-wine-at-373-25p/
rtyson197
13/4/2017
00:20
With weak consumer spending and the pound's devaluation is there any wonder why this is the second most shorted company on AIM?
wiseacre
03/4/2017
18:06
BREXIT in two years time ...... is this the end of bringing back 200 bottles of wine from Roscoff / Calais and no UK duty to pay ?
marwalker
06/3/2017
16:37
Gone weak again...
zcaprd7
08/2/2017
12:22
Looks to me like an opening auction with very little interest, allowing it to set a 'false' opening price on just a few orders, followed by nearly an hour without any trades so that the opening price remained the current price for that long. As soon as a trade did happen, the jump mostly reversed. The sort of thing that could cause an opening auction to set such an opening price would be something like just two orders in the auction - one an opportunistic selling order hoping to get a high price, the other a buying 'market order' (a special type of order used in auctions only saying that the investor will accept whatever price the auction settles on). I think (*) that would result in the opening auction producing an uncrossing trade (the type UT trade) at the opportunistic selling price, for the smaller of the two numbers of shares - in this case 41 shares. And an opening auction that actually results in an uncrossing trade will set the opening price at the price of that trade. In any event, looking at the trades list, only that 41-share uncrossing trade was affected by that (or whatever other technical effect produced the strange price jump). Total effect on all the investors involved in the auction was that the buyers overpaid the sellers by 41 times about 15p = about £6. So not a big deal! (*) But am not certain - it's several years since I last looked at precisely how auctions resolve, and only the general outline has stuck in my mind... Gengulphus
gengulphus
08/2/2017
08:30
Can anyone enlighten on this morning's sudden jump on no news and few trades?
iconista
01/2/2017
17:53
Well this is recovering quite nicely, difficult thing is timing when to sell (as always), I purchased in the low £2.90's a few months ago so am sitting on a decent gain, my original target was £3.75 - £4. What interests me here is Naked Wines and it's growth, if N W was a separate entity I reckon it would be valued at a fair chunk of WINE's total market cap given it's growth potential and business model.
eastbourne1982
19/1/2017
13:47
Christmas trading may have been good but the full implications of a the fall in the sterling have yet to be felt. Wouldn't be long of this stock.
wiseacre
10/1/2017
07:14
Sales in line with forecasts, that will do for now to start the share price recovery.
scapital
09/1/2017
13:06
No probs gswredland. Interactive Investor can be a bit hit-and-miss on their timetable sometimes.
blippy2
09/1/2017
13:04
Should be interesting. I did my bit for their sales in December!!
gbcol
09/1/2017
11:18
Thank you blips - thought it was today according to interactive investor
gswredland
09/1/2017
08:58
Tomorrow, according to their website. hxxp://majesticwineplc.co.uk/investor-centre/financial-calendar/
blippy2
09/1/2017
08:12
I thought they were releasing a statement today
gswredland
08/1/2017
10:58
As a result of weak high street sales, there are concerns about how Majestic Wines and Bonmarché have fared.
abarclay
Chat Pages: 120  119  118  117  116  115  114  113  112  111  110  109  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:32 V: D:20170824 03:15:55