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 Shares Traded Last Trade
  0.25 0.68% 36.85 41,326 16:35:23
Bid Price Offer Price High Price Low Price Open Price
36.50 37.20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 1,258.10 -5.30 -2.30 42
Last Trade Time Trade Type Trade Size Trade Price Currency
16:29:15 O 10 36.90 GBX

Mccoll's Retail (MCLS) Latest News

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Mccoll's Retail Investors    Mccoll's Retail Takeover Rumours

Mccoll's Retail (MCLS) Discussions and Chat

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Date Time Title Posts
23/6/202112:34McColl’s Retail Group Plc2,995
11/8/202016:47McColls - Covid & beyond: Convenience Stores 81

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Mccoll's Retail (MCLS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-06-23 15:29:1536.90103.69O
2021-06-23 15:29:1536.9013148.34O
2021-06-23 15:29:1536.50520189.80O
2021-06-23 13:48:3636.643,0001,099.20O
2021-06-23 12:31:5636.64300109.92O
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Mccoll's Retail (MCLS) Top Chat Posts

Mccoll's Retail Daily Update: Mccoll's Retail Group Plc is listed in the Food & Drug Retailers sector of the London Stock Exchange with ticker MCLS. The last closing price for Mccoll's Retail was 36.60p.
Mccoll's Retail Group Plc has a 4 week average price of 35.10p and a 12 week average price of 29.50p.
The 1 year high share price is 45.80p while the 1 year low share price is currently 20p.
There are currently 115,304,400 shares in issue and the average daily traded volume is 265,108 shares. The market capitalisation of Mccoll's Retail Group Plc is £42,489,671.40.
thelongandtheshortandthetall: I bought in the other day. Morrisons committing to the 300 stores makes me very comfortable with MCLS survival. Can easily see the share price doubling if the new owners of the large share transfer are a big name. Chart looks like it's building for a decent pop too.
sphere25: So someone has come in and picked up a tidy 5% in one fair swoop. It is very notable for MCLS and there are further blocks of 981k and 250k today so another 1% mopped up there from stale bulls. Overall, at least 6% (barring any delayed prints) picked up so clearly strong demand for shares. Often that can be enough to move the price, but the level of skepticism from market participants clearly varies from one company to the next (MCLS falls into the higher bands imo), so it will be interesting to see if MCLS can break higher. I just want to see if it possible to piggyback on the back of the demand to see if the market is getting behind the earnings of 3.7p and particularly 6.9p for 2023. AGM is on the 20th May - only trying to trade this one outside of news. The book is deceptive here, you'll see a single small order on the offer preventing a big break higher and think "Hey, that looks like it is going to break out and go bananas" and then 5% of the company gets lobbed into the market. 10k sat on the offer at 37p at the moment preventing the break higher. IF the bid builds and the price can clear that, it could be the beginning of the indication that sellers have been cleared and a break higher is coming but wait and see. If it goes stale prior to the AGM, exit - simple. All short term based views here. All imo DYOR
sphere25: Interesting article: "This £37m group is set to make £2m, then £5m, then £10m annual pre-tax profits in the next three years, writes Mark Watson-Mitchell" And more detailed broker estimates... "For next year he sees a small sales increase to £1.16bn, with profits jumping 236% to £5.2m, generating 3.7p in earnings. For the year to end-November 2023 (not that far away) he sees £1.2bn of sales and £10m profits, pumping in 6.9p in earnings per share. He computes his ‘fair value estimate’ at 70p per share, but he also sees the possibility of the shares being even higher still if the current plans and management ambitions start to gel." Very bullish for MCLS, which has had a habit of disappointing - observe market view shown by the chart trend (including pre-covid) with warnings in 2018 and 2019. Unlike many out there, the market isn't falling over itself to price in the earnings in 2023. It is rather sedate volume wise, though the price has stuck its head above the recent range and is trying to make what appears to be a very slow and measured bullish technical move. MCLS isn't the most straightforward one to trade as it only takes a couple of sells to knock the price back down (illiquid and therefore prone to sharp moves), but watching to see if it can break higher as a possible quick short term play (trading outside of news) and indeed if the market does get behind it at some point. Ideally need a close above the current price of 34.2p and momentum to then test 37p chart resistance, though the intraday high was 40p when it last spiked in early March (morning of the 3rd of March). Judging by the volumes out there and general lack of interest, not entirely convinced the interest will come in here. From a trading perspective it is interesting to note that, with so many shares exhibiting similar traits with a real lack of substantial movement and interest, in quieter times like this sitting on the hands is often the most difficult thing to do. My trading activity has dried up substantially recently, but it is so easy to just want to trade all the time and chase things and maybe extract some form of excitement (or continued form of rush from bullish markets). Over trading is often one of the most costly mistakes. In my humble opinion, it is better to sit and wait, even if it means doing nothing for a short while. Folk must have done really well in these markets. We don't need to chase things and unnecessarily give returns back by over trading and chasing the ones that don't offer the most favourable risk-reward. The easy money has clearly been made. The 10-20% explosive moves have dried up and now it is more in that 5-10% ranges. Clearly there are always highly speculative ones that can pop on some news, but they're a lottery beyond scalping the momentum. Alot of them can pop higher and come flying back down just as quickly! Back to MCLS, not entirely convinced beyond the short term here. MCLS have already put out a very cautious and iffy wording in the prelims last month, but it's a wait and see on what they say on the 20th May (any possible change in tone to suggest more cause for optimism?) if it doesn't push on for a quick opportunity prior. All imo DYOR
gokelstone: definitely worth keeping a close eye on. shame they no longer own many sites but guess that's reflected in the share price convenience store market is so tight and very difficult to get good sites, mcls have some great sites but their products are expensive. guess that's the cost of convenience. just feels ripe for a takeover for somebody looking to make a big impression in convenience. not yet holding mcls btw but going to watch closely
cliff edge: Its disappointing that the current share price is over 25% down v its pre covid levels having closed 200 of the 300 stores that they said would increase profitability of the remainder by 55% once completed, reduced debt by £5min, announced a 270 store conversion program to the Morrison Daily format, and extended credit facility for a further 3 years to enable them to do so. this being against a backdrop of other companies having halved their profits and increased their debt, have no future plans for profitable growth, and yet their share prices are currently at pre covid levels or above? Does the non payment of a 10p pa dividend wipe 10p off the share price? if so where is the rise for the expected improvement in performance as a result of the above plans?
loganair: McColl's share price may go something like this? Financial report - Profit up 20%, debt down to £70mln,Dividend reintroduced at 1p = share price 50p/70p Following financial report - Profit up 10%, debt down to $65mln, 1.5p dividend = share price 80p/100p Financial report after - Profit up 10%, debt down to $60mln, 2p dividend = share price 100p/120p. Until the above is seen in financial reports it seems to me its reasonable to see the McColl's share price remaining at sub 50p.
loganair: Why has McColl's share price remained pretty static? Casino investing - gambling - where one side bets / plays off against another side (Gameshop)instead of investing to own a share of a company and the companies profits (McColl's). Casino investing is where you have people BETTING on what other people are doing, taking positions to maximize their returns which is at the heart of trading - not investing. McColl's share price has not substantially risen and will not substantially rise until they start to prove a substantial rise in their profits which in turn will mean a return to dividend payments. lfl are all but meaningless - sales can be rising while at the same time profits falling, only margins and profits are really meaningful.
spectoacc: I guess the flipside is - where would the MCLS share price be without someone having come in for c.5%. At some point margins improve and the equity becomes a lot more valuable - tho from what level isn't clear :)
loganair: I believe when it comes the big news that is likely to move the share price is the one on Morrison Daily conversions. When announced if no more stores to be converted then I can easily see the share price falling, maybe by as much as 50% as will show Morrison's having little confidence in McColl's going forward.. If 10 to 20 to be converted then I see the share price staying appropriately where it is - maybe a small rise, 50 to be converted the share price rising by 5p to 10p and 100 could easily see McColl's share price rise by 10p and quickly doubling from where it currently stands as this number of conversion will show Morrison's having real confidence in McColl's going forward.
netcurtains: MATHS EXAMPLES Its worth noting that ALL shares in the entire stock market stand a significant chance of doubling in 2 years not just McColls: BT, ITV, WGB, WEY, TRD - the list covers all shares. AN EXAMPLE: What the investor or trader has to do, is compare risk reward of various companies. For example, TRD - Triad is 83% of a NETNET (its share price is lower than its NAV ). Nav 36p, share price 26p. It has £3.8M in the bank but a market cap of just £4M. "When" it makes a profit the share price often is in range of 70p-80p... Would you say Triad has lower risk and higher reward then McColls? Those are the sort of questions you need to look at. I picked TRD as I know that buywell3 thinks it will fall (and I have shares in it) but I could pick loads of examples - look at ITV or WINcanton there are lots around.... Academics say investors/traders start to lose money when they over concentrate on the ONE SHARE... Make sure you dont get sucked into the McColls black Hole. McColls has to look good RELATIVE to other companies otherwise why bother???
Mccoll's Retail share price data is direct from the London Stock Exchange
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