We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mccoll's Retail Group Plc | LSE:MCLS | London | Ordinary Share | GB00BJ3VW957 | ORD GBP0.001 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.75 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
26/2/2020 09:35 | View this now as a growth/recovery type share. | neilyb675 | |
26/2/2020 09:31 | Newsagents closed 59 over the year: 2018 - 303 2019 - 244 6 Forecourt stores sold Total number of stores closed 120 - 55 poorly performing smaller stores also closed. Current estate 1,443, intentions to reduce to c.1,100 - intentions to close around a further 300 stores. Maybe 180 newsagents and 120 smaller poorly performing stores. I am not worried by the reduction in sales as this comes from the reduction in the number of stores in McColl's estate which was already forecast and which will continue over the next 3 years. Sales Mix 2018: 38% - Tobacco 34% - Grocery & Alcohol 28% - News & Chocolates etc 2019: 39% - Tobacco 34% - Grocery & Alcohol 27% - News & Chocolates etc. Dividend - As well as no Final Dividend being paid, the report reads to me that no Dividend will be paid for this financial year 2020 as well. | loganair | |
26/2/2020 08:12 | Banking arrangements being sorted is another positive to come shortly it seems. | neilyb675 | |
26/2/2020 08:07 | Agreed, plenty of positives, divi cut probably wise, another year before we know if they've got on top of debt, tho an RNS soon saying rescheduled should help. | spectoacc | |
26/2/2020 07:48 | Well that's another mixed bag rather than recovery. Dividend axed but debt down. It sounds like they're speeding things up a bit but it desperately needed it. Introducing craft beers - how long did that take to think of? Sales down 4.2% but LfLs improve to +0.5%. That sounds like faster rationalising. Well it's not recovery now but it does sound a bit like there are changes at the top going on that were needed years ago. Maybe it will bear fruit. | aleman | |
25/2/2020 11:24 | The only connection I have is that one of the original 7 Forbuoy's was my local sweet shop when I walked to junior school. | loganair | |
25/2/2020 11:10 | Do you work for mccolls | paulcarrm9mx | |
25/2/2020 10:59 | Because McColl's took on a job lot of Coops and like with any job lot some you need and others you don't. In my reckoning it will take about 3 years from now for McColl's to reorganise themselves. In that time they'll close around 150 Newsagents and 100 smaller poorly performing stores while opening around 40 larger profitable convenience stores which will leave McColl's with a much better performing estate of stores. | loganair | |
25/2/2020 10:48 | Some x Coops closing too | paulcarrm9mx | |
25/2/2020 10:36 | McColl's have been closing their Newsagents since they first went public in 2014 and have closed around 50% as it seems to me McColl's is changing from being a Newsagents company to a convenience store company which makes a great deal of good sense to me. | loganair | |
25/2/2020 10:18 | Based on info I can gather we are being thined out for a take over. | paulcarrm9mx | |
21/2/2020 09:54 | What do you think will be the outcome. | paulcarrm9mx | |
21/2/2020 09:54 | What do you think will be the outcome. | paulcarrm9mx | |
21/2/2020 08:56 | Kazoom. Update due 26th Feb | newsboy1 | |
20/2/2020 21:05 | Any day now I would imagine. Of course, we already know much of what they will tell us. | kazoom | |
20/2/2020 19:19 | Any updates the state of this company guys | paulcarrm9mx | |
19/2/2020 05:20 | Interesting, I watch developments | paulcarrm9mx | |
17/2/2020 10:08 | Thefts - from local newspapers. Stores - from local newspapers and McColl's own reports. Since 2014 McColl's have already reduced the number of Newsagents from around 520 to 260 and continue to close them at a rate of around 50 to 60 per year. I would think a few, maybe 50 or so, will be left open, those newsagents that are in tourist spots or out of the way places where there is no other competition. As for their smaller poorly performing stores the ones that are likely to close are having no money spent on them so often are looking in a dilapidated state and are the ones that have less than 3 years to run on their leases. When the closures are completed I would think McColl's will be left with an estate of around 1,200 stores. 50% of them large enough to be converted in to Morrison Daily stores while the other 50% could be converted into the smaller format Morrison 'C' stores if need be. | loganair | |
17/2/2020 10:04 | "What I have noticed about McColl's is the number of employees either stealing from McColl's or other employees." where does this come from ?? | neilyb675 | |
17/2/2020 09:42 | Both sorry but I need info to see if I may lose my job. | paulcarrm9mx | |
17/2/2020 09:39 | I mentioned two things - which assumption - Stores or Thefts? | loganair | |
17/2/2020 09:28 | loganair can you confirm your assumption. | paulcarrm9mx | |
17/2/2020 09:08 | As far as I know, McColl's are still opening new stores at the rate of around 10 per year. On Average these stores are 1.7 times bigger with 2.7 times more revenue then the stores they are closing. Except for the 6 petrol station forecourt stores, most if not all the newsagents and poorly performing stores are being closed when their leases run out rather than selling them. What I have noticed about McColl's is the number of employees either stealing from McColl's or other employees. | loganair | |
17/2/2020 08:19 | Mccolls sold its head office. They have stopped buying new stores just closing stores and cuting store man hours. To me feels like there struggling to keep there head above water. | davejones88 |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions