Moss Bros Share Discussion Threads

[amla] 12/11/2008 20:35

Not much interest here.Surprising.But then,the market is dead.Equities,that is,as they would have us believe.
Green would expect the share price to rise after he took control of shares.The question is,will he take this private and at what price,or will he just sit here for a while and then sell out his shares anyway when the time is right?
I feel that he has shown his willingness to buy into the Baugur debacle and that Moss Bros is a small part of the deal.
It takes a brave entrepreneur to buy into the highstreet dress shop dream at times such as these.
He is a very successful business man but his resources are finite.Be very careful of the Green bubble.

[chairman2] 12/11/2008 16:38

Co statement

sets the ball rolling

now in play - watch this space

[chairman2] 12/11/2008 13:27

Green very smart
and has caught out the shorters big time
including the ludicrous de-rampers who
appeared on this and other Boards.

Thing is if you analyse MB as a basic
necessity supplier rather than a luxury
supplier (weddings and funerals wait for
no man even in recessions)

and with the China supply line drying up
for the bucket-shop discounters (and who knows
more about supply lines in the schmutter
trade than PG?)its possible that this
could be very smart timing

Then there are the branding possibilities -
Moss Bross franchises in BHS etc etc

Just cos Baugur couldnt pull off much
synergy doesnt stop maestro Green succeeding

Expect the pros to follow Green in here

[chesty1] 12/11/2008 13:23

42p looks like a very good place to start....

Picked up some at 22p.....Let it ride baby.

[bletherer] 12/11/2008 12:34

Hmm, it seems pretty unlikely that Philip Green would take a 28% stake and then not make an offer - he doesn't strike me as the passive investor type. Oh well, looks like I'll get something back from these after all. I'd need 50 to break even but I had already largely abandoned hope of seeing that again. It looks like a potentially smart move from Green as although MOSB have been hammered due to recent trading it's a well-established brand with a strong balance sheet which could easily bounce back when the retail sector starts to pick up again.

In terms of price, the 42p which Baugur offered earlier in the year is a potential marker. I don't think he can get away with anything extremely low (at least I hope not) as shareholders could just sit on their hands and wait for the cycle to turn.

[s704] 12/11/2008 11:13

racg . . . . . nothing. Anyone thinking of dinner jackets to-day, has their head in a place where the sun doesn't shine ! Lordy !

[balcony] 12/11/2008 08:52

The 26m shares are from iceland,Will mr green want the whole company if so still 20% to be made here.

[balcony] 12/11/2008 08:22

Large stake sold at 24.9,Maybe this is now in play.

[ggekkko] 09/10/2008 21:38

i expect this to be in single figures soon, who would touch it?

[davron8] 30/9/2008 10:54

It looks as if Cantor Fitzgerald Europe may have had a forced sell of their 26,896,932 ord shares. Kaupthing Bank Luxembourg has acquired them.

Many compaanies are having to sell share holdings to cover debts and costs so it is not ness bad news.

[rainmaker] 22/9/2008 20:56

Maybe Mr Ahmed is back. IMHO very little downside from current levels but plenty of potential upside

regards

[rainmaker] 22/9/2008 20:50

I've just noticed that a trade of approx 26mln shares(roughly 28%) has gone through the market today. Now that Icelandic group have stated that theren't going to bid, have they disposed of their shareholding to a rival Bidder, and if so to whom? Maybe Laura Ashley?

regards

[davron8] 07/8/2008 14:16

A very quiet thread. I only post on a couple normally now but do enjoy reading reading the research that others do. Did buy into Moss Bros a couple of days ago not really based on good research but on good experiences that I had many years ago when I needed Morning dress and White tie evening dress. Ended up buying both which proved to be much better value for me than hiring outfits as and when required. Still have the outfits but due to weight increase could not wear them but they are still in excellant condition which proves that Moss Bros give great value.

[mkwng] 24/7/2008 05:20

now 25p. it is support at last 2 weeks, maybe will up to 35- 40 p again.

[racg] 17/7/2008 15:23

What is this share worth ?

[bletherer] 09/7/2008 09:24

Sub-25p I think I'll add a few. Won't cost me much to improve my average substantially and I think they're good long-term value at these levels.

[bletherer] 02/7/2008 08:54

yes I will probably buy a few more at those levels too. Certainly looks like we're heading there.

[rainmaker] 02/7/2008 01:43

If it reaches 20p, as I believe it will(i've been saying this for some time) then I will be buying lorry loads. IMHO looking at this Company neutrally as I don't have a position, it is very undervalued already and an absolute steal at those levels

regards

[bletherer] 24/6/2008 16:26

Hmm - not too pleased to see a big insider sell - have the Moss and Gee families fallen out over the Baugur buyout, or do they take a dim view of the prospects going forward? Naturally a 2 million sale has done nothing to help the share price which has now broken another layer of support. Grrr. Wish I'd sold out on the bid speculation now, but then hindsight is a wonderful thing. Have considered selling in recent days as I must admit in technical terms it now looks very likely to retest the all-time lows just above 20p. However, I've lost so much on this already that an extra 10p per share hardly seems worth the bother at this point, and with a 5% dividend yield, P/E below 10, and strong balance sheet it doesn't look terrible value at these levels. Investing, bloody hell!

[rainmaker] 31/5/2008 17:17

I just wish Baugur could have been a bit more decisive sooner.IMHO 42p was attempted day light robbery so I'm glad they didn't get away with it-Moss Bros is worth substantially more. I think there a still a bid premium in the current share price(pre Baugar announcement it was trading at 36p a share) and from what I can see, high street retailing hasn't got any better in the meantime

regards

[rainmaker] 31/5/2008 17:10

I totally agree Bletherer and I don't think there is any doubt in the medium term(ie two to three years)it's a bargain and you'll make an excellent return. However in the short term (ie up to a year)what do you think will happen to share price? It's looking very expensive on earnings estimates!

regards

[bletherer] 27/5/2008 10:10

Well, there we go, they have made up their minds. Reading between the lines it looks as if the main reason is they didn't think they'd be able to get enough shareholder support for the offer, which is fine so far as I'm concerned as it was a derisory one in the first place. Ok I've just lost 10% on paper but I would have been outraged if they'd got away with a 42p "steal" of the company. 60p is the bare minimum level I'd be looking for.

[rainmaker] 19/5/2008 01:14

Hi Simso-I wish Baugur would withdraw then the price would collapse. Have Laura Ashley got the financial firepower though?Have no doubt that Moss Bros is worth substantially more than current levels under more normal market conditions but will I get the chance to buy much lower?

I wish Baugur would make their mind up as it's hardly fair on management, diverting their attention and energy away from running the business-I think that the uncertainty has dragged on long enough

regards

[simso] 12/5/2008 15:17

I am positive Baugur want "out" altogether on this one..and they are only doing all this to flush out another bidder. It would be hard for any purchaser to borrow much against a business losing £1.5m. Laura Ashley is the key..with their 6% stake. THey are not "share traders" so they are building this stake for a strategic reason.