Share Name Share Symbol Market Type Share ISIN Share Description
Mccoll's Retail 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
  +4.25p +1.68% 257.00p 257.00p 258.00p 258.00p 252.00p 252.75p 25,542 16:35:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 950.4 17.7 12.8 20.1 269.11

Mccolls Share Discussion Threads

Showing 451 to 474 of 475 messages
Chat Pages: 19  18  17  16  15  14  13  12  11  10  9  8  Older
DateSubjectAuthorDiscuss
10/8/2017
10:51
Ex-div today, 3.4p.
lizafl
04/8/2017
20:32
Ta, Loganair. Good posts :-)
ed 123
04/8/2017
19:09
The above article suggests a possible take over by Morrisons could be the reason for McColl's share price to have risen so rapidly after the announcement of the deal with Morrisons.
loganair
04/8/2017
17:40
Sold in the low 260s this morning as it had become really extended and momentum taken a pause. Circa 20% rise in just over a week so can't complain. Will look to buy on any pullback if it sets up
davr0s
03/8/2017
18:34
I wonder if McColl's will re-brand themselves Safeway and become the convenience stores for Morrisons. A couple of years ago I posted I thought it was a good idea for Sainsburys to take over McColl's, now it seems to me being taken over by Morrisons would be a good fit for Morrisons.
loganair
02/8/2017
23:25
Good timing. I was nearly a seller recently as I felt better returns elsewhere may be likely but I thought it was certainly still under-priced and a nice long term hold and thus stayed fully invested. Looking at the situation presently I certainly think there are even more reasons to run this one for the foreseeable. I hvae not seen any EPS upgrades at his point but PHs target price doesn't seem to fancy IMO.
thorpematt
02/8/2017
16:44
Nice when that happens. Same for me with SLN and OXB further back.
volsung
02/8/2017
16:39
Only held a week and it's up 20% ! Wish they all worked out this way lol
davr0s
01/8/2017
12:20
Up she goes ✔
neilyb675
01/8/2017
10:58
Nice breakout. They just bought our local co-op so feel obliged to buy some.
volsung
01/8/2017
09:42
Peel Hunt has a buy rating and upped target price to 325p this morning.
che7win
01/8/2017
09:30
Looking at the share price, the City seem to like the deal with Morrisons.
loganair
01/8/2017
09:11
Sainsburys a bit miffed at this?
che7win
01/8/2017
08:14
Might take say two years for this new contract with Morrisons to show its full benefit for McColls? Improved commercial terms = higher gross margin? Simplified operations = lower costs? Enhanced range = higher sales? Should be very good for McColls. The market likes it. Shares up c. 9p at 245.5p mid.
ed 123
28/7/2017
16:26
Buy improved but cheap McColl's - IC Tip of the Week
aleman
28/7/2017
09:22
There yer go! Stepped up to 220-229.75p. Nice. Ta, Wynmck. :-) IC must be helping too.
ed 123
28/7/2017
08:56
it's an IC Buy today
wynmck
28/7/2017
08:48
Ta. Loganair. That move by Beaufort would appear to have been noted by the market. Up another 3p this morning. There was a seller at 218p earlier. Got taken out and refilled at 220p. McColls seems to be undergoing a rerating. Happy holder.
ed 123
25/7/2017
12:49
Beaufort Securities: Encouraging signs! McColl's is on-track to achieve full year results in line with management's expectations, which includes an expected material increase in sales and profits in H2 driven by the recently acquired stores. This will be underpinned by product mix and presentational initiatives as well as synergies coming from the consolidation including supply re-tendering terms agreed with NISA for the enlarged base. A half-year EBITDA was slightly ahead of last year despite absorbing Co-op-related pre-opening costs, together with evidence of progress across key convenience categories while also gaining market share in tobacco, suggests further gross margin improvement can be secured. Importantly also, McColl's newly commissioned research with IGD reinforces the understanding that convenience stores can and will be able to continue to enjoy strong growth going forward, in this case estimated at 18% to £47.1bn over the next five years. So convenience is certainly not going away, it's just becoming increasingly dominated by a smaller number of more sophisticated players that are capable of offering range and buying power that traditional 'mom n'pop' stores simply cannot. Given its wide and successful experience in identifying and integrating such opportunities amid an inexorable phase of closure and consolidation amongst the UK's highly fragmented base of independents, McColl's can be expected to identify further significant opportunities over the medium-term. The Group's operational scale and customer reach is also something that the national supermarkets are also likely to be keen to tap into. Such a background provides a vision for the Group that is belied by its current rating. Estimating adjusted earnings of 17.5p for this year followed by 22.2p for next, the Group is rated on 11.8x and 9.4x, while offering shareholders yields 5.1% and 5.3% respectively. Beaufort upgrades its recommendation on McColl's to Hold (from Sell) with a re-set price target of 220p/share (from 150p/share).
loganair
25/7/2017
10:46
Morningstar updated for Numis with same as before: 2017 2018 Broker Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p) Numis Securities Ltd 24/07/17 BUY 24.90 17.30 10.30 31.30 22.00 11.00 Peel Hunt LLP 23/06/17 BUY 24.96 17.21 10.30 34.47 23.77 11.50
aleman
24/7/2017
23:03
Thanks, Loganair. Good reading. :-)
ed 123
24/7/2017
19:54
The convenience store market is keenly watched at the moment. A combination of Tesco and Booker would bring together a total of over 8,000 UK convenience stores - which would represent between 15 per cent to 20 per cent of the convenience sector. But last week, the Competition and Markets Authority referred the proposed merger to an in-depth investigation. The CMA said: 'The CMA believes that in more than 350 local areas where there is currently an overlap between Tesco shops and Booker-supplied 'symbol' stores, shoppers could face worse terms when buying their groceries. 'There are concerns that, after the merger, there is potential for Booker to reduce the wholesale services or terms it offers the 'symbol' stores it currently supplies, in order to drive customers to their local Tesco.' Analysts said this could present an opportunity for McColl's as a combined Tesco and Booker would be forced to dispose of stores. Adam Tomlinson, at Numis, said: 'We believe it is highly likely a combined Tesco/Booker group would have to dispose of a meaningful parcel of stores, which would provide McColl's with a material further M&A opportunity to accelerate its strategy. 'We have confidence that any acquisition would be well executed by McColl's management given its track record, most recently with the acquisition of the 298 Co-op stores which are integrating smoothly and performing well to date.'
loganair
24/7/2017
16:22
So , reversing the maths, Numis must be sticking with their existing forecast for 2018, although I would not be surprised if 2017 was moved down. Thanks, loganair. That would make MCLS good value, and probably earnings enhancing to a major, anywhere around the current price. (from Morningstar) 2017 2018 Broker Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p) Peel Hunt LLP 23/06/17 BUY 24.96 17.21 10.30 34.47 23.77 11.50 Numis Securities Ltd 22/05/17 BUY 24.90 17.30 10.30 31.30 22.00 11.00
aleman
24/7/2017
16:08
Retail therapy: The market was less excited by today’s update from McColl’s Retail Group (LSE: MCLS), its share price dipping 0.96% in early trading. However, nor was it overly concerned by the fact that profits have nearly halved, from £8.2m in 2016 to £4.5m, viewing this as an exceptional one-off. The £237m convenience retailer’s interim results for the 26-week period to 28 May covers a time of change and opportunity as the group integrates 298 new convenience stores acquired from the Co-op at a cost of £117m. Total revenue rose 7.6% to £504.8m, up from £469.2m in 2016, as the new stores steadily opened. Bring me sunshine: However, like-for-like sales were flat, rising just 0.2% in the first half, although accelerating to 1.4% in Q2 on the back of favourable weather, which boosted alcohol and grocery sales. Performance in newly converted stores rose a healthier 2.8% in H1, and an even better 3.8% in Q2. Gross margins crept up 90 basis points to 25.4%. Progress may be slow, but it is steady. That sharp drop in pre-tax profits was down to £1.3m of store pre-opening costs, and £2.3m of exceptional costs, mostly professional fees and write-off of historical banking fees resulting from the Co-op acquisition and refinancing. Markets retain their faith in the firm’s growth story, which has seen the stock rise 38% in the last year. The Plus side: McColl’s chief executive Jonathan Miller expects further profit and sales growth from the integrated stores in the second half of the year, with 700,000 customers now holding its Plus loyalty card. “As the wider convenience and wholesale sector evolves and continues to grow, McColl’s is in a strong position to benefit,” Miller concluded. Trading at 16.25 times earnings, McColl’s is priced for further growth, plus you get an attractive 4.95% yield as well. Why it's interesting: The grocery sector is undergoing a shakeup as the big supermarkets seek to buy up smaller contenders and other parts of the supply chain. Just this weekend it was rumoured that Asda was looking to buy bargain furniture retailer B&M. McColl's has been caught up in the middle, as it held its own talks with Sainsbury's while the big four retailer was also looking to buy McColl's supplier Nisa. Competition is hotting up since Tesco's buyout of Booker and Amazon's takeover of Wholefoods. Convenience stores represent an attractive level of neighbourhood penetration so McColl's has the chance to play kingmaker in upcoming deals. Analysts believe McColl’s could itself be a takeover target, as the major grocers jockey to grab a share of the fast-growing convenience market, with Tesco also trying to buy Londis and Budgens-owner Booker for £3.7bn. Co-op has been touted a potential bidder for the McColl’s wholesale contract since it has already started a trial of selling its own-brand products in McColl’s stores. Shares in McColl’s dipped 0.08% to 207.0p in afternoon trading. Numis repeated a ‘buy’ rating and target price of 250p, saying McColl’s delivered “solid” interims. “Product and format initiatives should underpin a sustained improvement in sales momentum, while the margin outlook is supported by mix changes, the supply re-tendering process and acquisition synergies,” it said. “The shares have proved to be resilient in recent months but in our view continue to offer good value at 9.5x price-earnings ratio/ 5.3% dividend yield to calendar year 2018.”
loganair
Chat Pages: 19  18  17  16  15  14  13  12  11  10  9  8  Older
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