Mccoll's Retail Share Discussion Threads

[philanderer] 27/7/2014 09:28

McColl's Retail Group plans to push up its premium c-store total to 555


McColl's Retail Group is aiming to have 555 'premium' c-stores in its estate by November 2016



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[rolo7] 26/7/2014 19:11

the tesco tax on large supermarket sounds interesting!

[philanderer] 25/7/2014 10:43

Yep, good call rolo.

xd next wednesday.

[rolo7] 25/7/2014 00:48

divi:
Stated policy of 60% payout ratio (of profit before exceptional gains and after tax), interim and final to be split
approximately 1/3 and 2/3 of full year dividend.

Interim dividend declared of 1.7p per share in line with expected policy.

Interim dividend adjusted pro-rata to reflect only approximately half of 26 week period being post IPO.

so 1/2 year divi (1/3) would of been 1.7p*2 if listed for all 26 weeks= 3.4p, then full year divi (2/3) to be 3.4*2 = 6.8p total divi min of 10.2p for next year then.... confirms my above post 125

[philanderer] 24/7/2014 13:55

180p might be a bit tricky to crack , resistance here chartwise.

[philanderer] 24/7/2014 09:58

Nice trade to start the day.. 25k @ 179.86p

[rolo7] 23/7/2014 21:30

impressed with mccolls website its being constantly updated the last few days!
nice rise seller cleared. like this bit best..
Group statutory loss before tax £4.0m (2013: £2.5m), after deduction of £6.2m exceptional costs largely relating to the IPO
so actually made a profit of 2.2m compared to -2.5m loss.
forcasts..
Year Ending Revenue Pre-tax EPS P/E PEG EPS Grth. Div Yield
30-Nov-14 900.00 22.50 16.80p 10.6 n/a n/a 10.10p 6.1%
30-Nov-15 936.00 24.00 18.10p 9.8 1.3 +8% 10.90p 6.6%
think we are going to beat revenue target this year as 444m£ booked already and h2 summer seasonal performance school holidays.

[philanderer] 23/7/2014 18:17

Presentation now up on website (pdf)

[philanderer] 23/7/2014 17:20

15,534 @ 179.98p

best for a fair while.

[philanderer] 23/7/2014 11:51

Maybe an overhang now cleared ?

[philanderer] 23/7/2014 09:16

23rd july Beaufort Securites 'speculative buy'


reiterates.

[rolo7] 22/7/2014 22:35

another view on mcls:
hxxp://www.-.com/content/small-cap-value-report-22-jul-2014-hydg-idea-rno-hrg-scpa-84877/

[philanderer] 22/7/2014 20:18

Investors Chronicle:

McColl's set for growth

Convenience chain McColl's (MCLS) has somewhat struggled to attract investor interest since going public in February. But judging by its first set of results, this might begin to change.

The retailer delivered 2 per cent like-for-like sales growth in the first six months of its financial year, while the reported pre-tax loss displayed in the table below came after £6.2m of costs related to the IPO. Strip these out and profit actually totalled £2.2m, compared with a £2.5m loss last year.

This positive result reflects the company's growth strategy, which saw it open its 750th convenience store in June. It continued to acquire stores and convert its newsagents - of which it runs 544 - into convenience outlets, offering food and wine. It also upgraded 98 'standard' convenience stores into 'premium' outlets, which contain a wider range of fresh foods and tend to have higher sales. The target is for 1,000 convenience stores by end-2016.

Under an agreement signed this year, McColl's is also making its Post Office services available at retail counters in its stores, offering customers much longer opening hours. Post Offices drive footfall, particularly as online retailing grows stronger and people use them to collect and return parcels.
Numis Securities expects adjusted pre-tax profit of £22.5m for the full year, up from £4.8m last year, giving EPS of 17p.


IC view:

McColl's has a clear growth path, and is set to pay out generous dividends too - Numis Securities forecasts a pro-forma yield of 5.8 per cent. Yet the shares trade on just 10 times this year's earnings forecasts. That's too cheap. Buy.

[rolo7] 22/7/2014 18:04

I brought a small amount pre results looks like funds have been buying for constant divi in years to come, finance cost dropping like a stone also. On main market not aim also!

[philanderer] 22/7/2014 16:17

Big trades showing this afternoon.

200k, 400k, 700k .. looks like a mixture of buys and sells going by the shareprice which really has fallen back this afternoon.

Disappointing.

[philanderer] 22/7/2014 13:59

120k @ 171.5p , good volume today

[philanderer] 22/7/2014 11:56

Thanks rolo, missed that :-)

So, going by the third/ two thirds divi payout , final should be appx 6.8p

[rolo7] 22/7/2014 10:20

small print...
Interim dividend adjusted pro-rata to reflect only approximately half of 26 week period being post IPO.

[philanderer] 22/7/2014 09:34

22nd july Numis ' buy' tp 220p


reiterates.

[philanderer] 22/7/2014 08:54

Verdict Retail ‏@VerdictRetail 2m

McColls on track to achieve expectations with 3.6% sales increase to £442.2m,turnover up 2.1%. Pre-tax loss of £4m after £6.2m one-off costs

------------------------------------

The interim dividend (1.7p) will be paid on 29 August 2014
to those shareholders on the register at the close of business on 1 August 2014

[johnv] 21/7/2014 10:41

Mention in CR thread today.

[spob] 21/7/2014 10:40

What is net debt for this ?

[philanderer] 21/7/2014 09:37

Half year results due tomorrow.. bit of volume so far this morning

[coolen] 18/7/2014 22:19

So long as they can keep that dividend yield covered, I can see plenty of support from those income-orientated investment trusts who are trying to switch out of bonds.