Moss Bros Share Discussion Threads

[stewacg] 26/5/2005 22:00

I think this was a good performance for a retailer in a difficult environment. What surprised me was the margin improvement allied to LFL sales increases. Half the share price comprises tangible assets and the profit figures were good last year, and hopefully better this. The best retail shares to buy are those that are managing to increase sales and profits whilst others are struggling, especially when this is not at the cost of sacrificing margin. I think that someone will snap these up soon, as the business of turning the company around looks complete.

[mikepompeyfan] 26/5/2005 20:03

Out of interest does anyone have any thoughts on mosb at the moment ? Retailers are totally out of favour yet today's update sounds promising. If you like the stock is it a buying opportunity now or will you wait and hope to pick them up cheaper later on ? If you do delay is there a chance someone will nip in with an opportunistic bid ? Personally l have to confess to selling nearly 20% of my holding at £1.15 but then my average buying price is 43p fortunately.

[corrientes] 17/4/2005 15:18

Even my wife got excited about this development when I told her. She tells me which retailers are worth putting money into, and more importantly these days, which are not.

[mikepompeyfan] 13/4/2005 07:22

"There remains substantial unrealised potential in our existing stores. The new
financial year has started well, with like for like sales growth of 6%, and
continuing improvement in margin. We are focused on further developing the
Company."
That's just what l wanted to hear. At a time when other retailers are reporting reduced like for like sales that's a superb statement.

[balcony] 12/4/2005 08:36

Results tomorrow,

[mikepompeyfan] 31/3/2005 20:40

I have great admiration for you guys who can have a stop loss and stick to it. I'm undisciplined and tend to back my own judgement until l get proof l am wrong. It's usually too late by then though ;). At the moment l have faith in Moss to continue improving results and beat the general sector bearishness. Roll on 13th April and the final results. Hope it's not unlucky for some !

[bargain] 30/3/2005 12:22

Yeah me too, at 113p ...

[johnrxx99] 30/3/2005 09:28

Hello. Got stopped out yesterday. Bloody Jessops!

[peter001] 10/3/2005 20:23

any body know whats happening its ticking up again when the market is down.

[sad frog] 16/2/2005 15:27

Does anyone know what is happening with the shareholdings?


.
RNS Number:6883I
Moss Bros Group PLC
16 February 2005



Moss Bros Group Plc ("the Company") has pursuant to s198 of the Companies Act
1985 ("the Act"), been advised by Elit Realisations 3 Limited, a company wholly
owned by Mr Kevin Stanford, that on 11 February 2005, Mr Stanford transferred to
Elit Realisations 3 Limited his existing interest in 5,150,000 shares of 5 pence
each in the Company ("the Shares") and his existing interest in 20,746,932
Shares held through a contract for difference which Cantor Fitzgerald Europe
Limited is party to by virtue of Section 208(4)(b) and Section 208 (5)(b) of the
Act.

Further the Company has been advised by Houmet Investment Limited that on 9
February 2005 it acquired an option ("the Option") over the 5,150,000 Shares
from Mr Kevin Stanford. In accordance with the terms of this Option, Houmet
Investments Limited has the right to purchase the 5,150,000 Shares from Mr Kevin
Stanford for a period of ten years from 10 April 2005.

Following these notifications, Mr Kevin Stanford continues to have an interest
in 5,150,000 Shares held through Elit Realisations 3 Limited, 1,000,000 Shares
held beneficially in his own name and 20,746,932 held through contracts for
difference. This combined holding represents an interest of 29.2% of the issued
ordinary share capital of the Company.

[loafofbread] 11/2/2005 08:58

That's better, a nice A to tell the masses.

[loafofbread] 11/2/2005 08:43

As he paid £1.20, thats the lowest he could pay if he made an offer.
I would have thought the confirmation that he bought the directors 1M sale would have added a few pence this am.
Maybe the W/E press will see it.

[mikepompeyfan] 10/2/2005 22:07

It seems Kevin Stanford has upped his interest to 29.2% then. Where do we go from here ?

[dr agon] 04/2/2005 20:48

well spotted mike,nice article!

[mikepompeyfan] 04/2/2005 07:22

'Further unrealised potential in existing stores' - that's good enough for me to keep holding'

I've removed what l posted earlier because l've realised it related to the interim results not the trading statement, so was out of date news.

This is new though from The Times
Philip Mountford, whom the board promoted this time last year to replace ousted Adrian Wright as chief executive, said: "We have refurbished 38 Moss stores now and they are producing like-for-like sales increases of 12 per cent. Gee's back on track and the new Lakeside Gee concept store is fantastic and we will be rolling that out across the Gee chain.
Hopefully that means when the rest of the Moss stores are refurbished they'll produce similar increases in sales. Additionally the 'fantastic' Gee concept store roll out will improve profits too.

[bargain] 03/2/2005 12:04

Excellent! I guess this is the update ...


RNS Number:1387I
Moss Bros Group PLC
03 February 2005



PRE-CLOSE STATEMENT

Moss Bros Group PLC, the UK menswear retailer, today reports on trading ahead of
entering a close period for the financial year ended 29 January 2005.

* Like for like sales for the full year ended 29 January 2005 were up
9% on last year.

* Like for like sales were up 10% for the 26 weeks ended 29 January 2005.
Each of the three core fascia achieved sales growth in the second half
with like for like sales at Moss up 9%, Cecil Gee up 10% and Hugo Boss up 15%.

* The Company traded in line with plan over the key last 9 weeks of
the year with like for like sales up 7% and gross margin a full percentage
point up on last year.


Philip Mountford, Chief Executive, commented:

"The Company continued to make good progress in the second half, with like for
like sales for the year up by 9% and each of our three core fascia delivering
sales growth. The Company has benefitted from improved product and increased
service levels in stores.

Gross margin percentage continued to strengthen reflecting improvements made in
product ranges, supply chain efficiencies, better buying terms, and more
effective sales promotions. We expect profits in the year to be not less than
market expectations.

There remains further unrealised potential in existing stores and we are focused
on further developing the Company."


The Company will announce its preliminary results on 12 April 2005.


For further information:

Moss Bros Group Plc 020 7353 4200
Philip Mountford
Roddy Murray

Tulchan Communications 020 7353 4200
Alexia Latham

[corrientes] 02/2/2005 16:47

You wonder whether these very small rises seen recently are staff purchases !

[dr agon] 02/2/2005 16:28

making new highs again today,albeit on small vol!!

lol

[bargain] 01/2/2005 12:49

That's interesting loz, do you have any update since your post? ...

[loz220] 26/1/2005 13:30

I have spoken with a friend who is a store manager for moss and he has indicated to me that there is going to be an anouncement in a week or two and it is going to be good news. He has suggested that profits are well above forecast!!

Wait and see.

[mikepompeyfan] 20/1/2005 18:59

I think Moss Bros may be reacting today to the good trading statement Austin Reed came out with yesterday. There will definately be a trading statement within the next couple of weeks (6th Feb last year).

[johnrxx99] 20/1/2005 18:38

Do you think there will be a trading statement?