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
  0.15 0.48% 31.15 485,537 16:35:12
Bid Price Offer Price High Price Low Price Open Price
31.00 31.30 31.00 29.90 30.60
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 1,258.10 -5.30 -2.30 36
Last Trade Time Trade Type Trade Size Trade Price Currency
16:32:14 O 100,000 31.00 GBX

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Date Time Title Posts
08/4/202109:20McColl’s Retail Group Plc2,923
11/8/202016:47McColls - Covid & beyond: Convenience Stores 81

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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 31p.
Mccoll's Retail Group Plc has a 4 week average price of 29.10p and a 12 week average price of 23.40p.
The 1 year high share price is 56p 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 435,429 shares. The market capitalisation of Mccoll's Retail Group Plc is £35,917,320.60.
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: Several posters have commented why hasn't the McColl's share price really gone anywhere in the up direction since they announced 270 more stores are being converted into Morrison Daily's. Maybe the reasons are: 1. McColl's store optimsation plan is still ongoing, ie they are still closing and selling off stores - hopefully this will be all but completed by the end of this year. 2. Debt hasn't really gone down that much and it seems to me needs to be reduced by c20% from where it stands today. 3. Returning to paying a dividend, which in part is dependent on number 2.
loganair: It seems to me McColl's share price will not significantly rise until the LFL increase in sales flows down to the bottom line as an increase in profits. 2021 state of play when it comes to McColl's store optimization plan - targeting estate of 1,150 stores: Number of stores divested, either sold or closed when lease expires or break clause in lease reached: Jan - 9 Feb - 7 Mar - 8 Total number of stores divested in first 3 months of 2021 is 24 while 16 more stores have been put up for sale. Total number of stores in portfolio 1,238 - 32 Under Offer = 1,206 - 23 for sale & not under offer = 1,183. c33 stores to be closed when lease expires or break clause in lease reached.
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.
cliff edge: All very interesting stuff but at the end of day none of it is going to lift the share price, Mc Colls have just delivered a robust H1 set of results with a sustainable reduction of £12min in debt and an increased EBITDA and the share price has halved! Despite the fact that this will be the only retail plc company to increase profits and reduce debt this year, whilst others are beginning to report 28% fall in profits and increased debt, the share price here continues to fall. The fact remains is that the real value here is in what are 1100 "local" neighbourhood convenience stores with potential for conversion to local fresh food convenience stores with a 40% sales uplift on current turnover worth to a major?
loganair: If McColl's are doing as well as some posters on this thread continually say they are then how come McColl's share price falls almost on a daily basis? Currently McColl's have one of the lowest EBITDA margins in the supermarket sector and therefore are barely able to make a profit and have sold their last remaining assets to try and reduce their debt load and have no more assets to sell. Sainsbury's has the lowest EBITDA margins and are therefore struggling profitwise. Just look how poorly their share price has done over the past year compared to either Tesco or Morrison's. It wouldn't surprise me if Sainsbury's share price continues to fall and ends up down at 150p, lower than where is was over 30 years ago.
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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