Mccoll's Retail Share Discussion Threads

[philanderer] 18/7/2014 12:38

Dragonsteeth, many thanks for posting that, nice summary.

[dragonsteeth] 18/7/2014 09:28

I spotted an interesting bit by (Lord) John Lee in the Investors Chronicle , thought you'd be interested in philanderer .It was pretty much tucked away on the online addition but mat attract interest in the paer copy out today. Added to my "investigate further list"

" Of all the recent flotations McColl's look the best value to me at 167p having come back from a 191p listing price; I find its prospective 6 per cent yield, coupled with an approximate PE of 10, the sort of buying level combination that I like. McColl's are virtually our only large quoted convenience store operator with a total of 1,273 stores as of November 2013, comprising 707 convenience stores and 566 in the newsagents sector trading as Martin's in England and RS McColl in Scotland. I believe convenience stores have strong defensive qualities and provide growth opportunities through continuous upgrading and expansion of offering. Although its debt is higher than I would like, strong cash flows should steadily reduce this; additionally the convenience store sector is very fragmented - McColl's is adding outlets but itself could be vulnerable to a larger predator.

[philanderer] 15/7/2014 16:34

McColl's launches Plus loyalty card scheme for customers

[philanderer] 09/7/2014 16:32

There`s been a trade !!

8,889 @ 167.75p

[philanderer] 03/7/2014 20:35

Made it with the UT ;-)

2964 @ 170p

[philanderer] 03/7/2014 09:45

Come on 170p ;-)

[woodpeckers] 01/7/2014 20:41

Motley Fool suggesting this could be a good investment.

Greggs plc vs Thorntons plc vs Booker Group Plc vs McColl's Retail Group PLC

"McColl's
By far and away the best value of the four companies here,"

[pixi] 30/6/2014 19:20

I remain invested.

[philanderer] 27/6/2014 10:41

So just over 3 weeks to wait for the half year results

[philanderer] 23/6/2014 10:24

Added a few @ 168.50p

[philanderer] 20/6/2014 17:17

Huge UT

1,543,769 @168p

and a couple of 300k @ 171.50p late trades reported

[philanderer] 20/6/2014 12:21

Well, it`s a false dawn by the look of things , a bunch of small AT sells and 15k @ 165p in the last hour knocking the share price right back down.

[philanderer] 19/6/2014 10:39

A little more interest today.

[philanderer] 18/6/2014 13:10

McColls intends to open 250 convenience stores before close of 2016

[philanderer] 18/6/2014 09:10

Quite a landmark .. 750 !

[philanderer] 16/6/2014 09:37

My best performer now over the last three weeks.

[philanderer] 13/6/2014 22:51

:-D

Gary Williams ‏@GemSolutionsUK Jun 10

Some of McColls New chillers installed and ready to use.

[exbroker] 04/6/2014 10:45

They index changes are announced tonight, looks to be going in no reason for it not to.All we need now are some index buyers!

[philanderer] 02/6/2014 16:44

Creeping into profit , blimey !

[pixi] 30/5/2014 16:55

Big buys going through today.

[philanderer] 29/5/2014 20:42

Signs of life at long last. Fingers crossed :-)

[pixi] 29/5/2014 16:59

It looks like it's settling down and finding its feet so I'm in at 167. I like the deal with the Post Office, but would prefer to get rid of any expensive debt before paying out dividends.

[speedsgh] 27/5/2014 15:00

Latest forecasts from Digital Look...

Year Ending - Revenue (£m) - Pre-tax (£m) - EPS - P/E - PEG - EPS Grth - Div - Yield
30-Nov-14 - 899.80 - 22.50 - 16.80p - 10.0 - n/a - n/a - 10.10p - 6.0%
30-Nov-15 - 935.80 - 24.00 - 18.10p - 9.3 - 1.2 - +8% - 10.90p - 6.5%

From the IPO prospectus...

Dividend policy
The Directors intend to adopt a progressive dividend policy to reflect the cash flow generation and earnings potential of the Group. Assuming that there are sufficient distributable reserves available at the time, the Board initially intends to target a dividend of approximately 60 per cent. of the Group's annual reported profits before exceptional gains and after tax.

The Board intends that the Company will pay an interim dividend and a final dividend to be announced at the time of announcement of its 2014 interim and preliminary results in the approximate proportions of one-third and two-thirds respectively of the total expected annual dividend. The dividends for 2014 will be paid pro rata for the period following Admission.

It is envisaged that interim and final dividends for 2015 onward will be paid in the approximate proportions of one-third and two thirds, respectively, of the total expected annual dividend.

The Group may revise its dividend policy from time to time.

[philanderer] 22/5/2014 13:12

Fairly long but my average is ok at the moment , I`m only 5p underwater ;-)

FT Alphaville this morning pointed out all the recent ipos that were now trading at hefty discounts. Seems more of general overvaluations at the issue prices. I remember MCLS were hoping for nearer 210p than the eventual 191p !!