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
  -0.50p -0.18% 277.00p 270.00p 277.00p 277.00p 265.00p 267.00p 20,535 16:29:48
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 950.4 17.7 12.8 21.6 290.05

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
09/9/2017
16:07
Beaufort Securities: Our View: McColl's Q3 performance was strong, with both revenue and LFL sales growth boosting the year-to-date figures. Whilst LFL sales of +0.7% in Q3 has slowed from +1.4% seen in Q2, the latter had benefitted from favourable weather and a weaker comparative (Q2 FY2016: LFL -2.6%, Q3 FY2016: LFL -2.0%). Perhaps more importantly, the LFL performance of recently acquired and converted stores continued to be strong at +2.6% (Q2 FY2016: +3.8%). Looking ahead, the management confirmed that the Group remains on track to achieve full year results in line with its expectations. Having 'refreshed' three convenience stores during the period, the Group said further 20 stores are planned by the end-FY2017. McColl's recently commissioned research with IGD suggests that convenience stores are estimated to continue enjoy strong growth at +18% to £47.1bn over the next five years. This suggests that the demand for convenience is there, becoming increasingly dominated by a smaller number of more sophisticated players that are capable of offering range and buying power that traditional mom-and-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 something that the national supermarkets are also likely to be keen to tap into, in terms of potential mergers and takeovers. Considering this background and recent broker upgrades, share price has increased sufficiently to take the Group's FY2017E and FY2018E P/E multiples to 16.6x and 12.9x, while being accompanied with dividend yields of 3.6% and 3.8%, respectively. This now appears to price in just about all of the near-term excitement and Beaufort accordingly reiterates its Hold recommendation on the Share.
loganair
01/9/2017
21:33
McColl’s shares rise by 10pc after suggestion value is ‘way too low’: Shares in McColl’s rose nearly 10pc after a note from analysts at Peel Hunt suggested the retailer’s value is “way too low” and tipped it as a potential takeover target for other retailers. On Thursday, McColl’s had announced a 31pc lift in sales in the last three months after it was boosted by its acquisition of 298 Co-operative shops earlier this year. The convenience chain has also recently signed a new supply deal with Morrisons in a move that will resurrect the Safeway brand. Jonathan Pritchard, analyst at Peel Hunt, said: “We think the Safeway product is a complete step change on the own-label brands present now and the like-for-like uplift could be very material,” adding that the expected effect on the firm’s margins was “exciting̶1;. He said that as food retailers seek other areas of growth, such as Sainsbury’s purchase of Argos, McColl’s would be looked at as a potential target. “McColl’s is without doubt a prime strategic asset and the valuation is way too low,” he said, suggesting that Peel Hunt’s target price of 325p was “profoundly conservative”. Shares soared 26p to 295p, their highest ever price. Liberum analyst Adam Tomlinson also highlighted the chain as having value to a buyer: “The sector remains in flux, which may bring further material M&A opportunities for McColl’s and also highlights the business as a potential strategic M&A target itself,” he said.
loganair
01/9/2017
13:09
http://www.thisismoney.co.uk/money/markets/article-4837666/Co-op-bids-Nisa-supermarket-battle.html whole sector has been on the move for months now.
dirty75
01/9/2017
11:50
The ask actually rose to 320 (for a moment I thought they might have been taken out) but no trades at that level. But shows that there aren't many sellers about atm
davr0s
01/9/2017
11:49
The orders on the ask had been weakening all week so all it needed was an increase in volume which was duly obliged around 11 today - no other reason needed
davr0s
01/9/2017
11:45
But why the sudden surge - I can't see this makes sense? What has changed from yesterday? (Not that I'm complaining!) Cheers, PJ
pj fozzie
01/9/2017
11:15
See Co Op bidding for NISA
dirty75
01/9/2017
10:59
Nice, again :)
davr0s
30/8/2017
14:40
Nice. Looking out f0r another breakout.
volsung
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
Chat Pages: 19  18  17  16  15  14  13  12  11  10  9  8  Older
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