Moss Bros Share Discussion Threads

[salpara111] 05/10/2015 12:15

Very large sells again today, totally unusual volume but if you net them off over the last week then it looks like about even buy/sell volume.

[salpara111] 02/10/2015 13:01

Something is going on here.
Both ADVFN and Money in the morning.... if you know what I mean! are both reporting 1M buys today but the share price has not moved a penny.
Yesterday and today's volumes are both really out of line with normal trading patterns.
Very tempted to double up my holding here in case a T/O materialises.

[ashbox] 02/10/2015 09:42

Big single trades today too. Price would suggest they are buys but I'm always a bit suspicious of whether blocks like that are rollovers, especially when they don't shift the price.

[salpara111] 01/10/2015 14:54

Serious selling volume today 400K.
Good to see the share price hold up under the circumstances.
I am still hoping for a return to the 120 region by the end of the year.

[salpara111] 29/9/2015 12:51

Took a decent chunk at 97.5.
Lets see if it can climb back to last years high of 124p.

[cestnous] 29/9/2015 08:28

Bought in on the bell. Due a few re-ratings methinks.

[salpara111] 29/9/2015 08:18

Very sound looking results.
Was looking at this and BOO this morning and cant quite make my mind up about which way to jump.

[cestnous] 29/9/2015 07:46

Yes, looks very positive. Let's see how the market reacts.

[cwa1] 29/9/2015 07:27

Results sound encouraging on a first glance:-

Current trading and outlook

Trading in the 8 weeks to 26 September 2015 has been very encouraging with like for like* sales up 10.4%.

Commenting on the results and outlook, Brian Brick, Chief Executive Officer, said:

"The half year under review was another period of strong progress for the Company.

The successful launch of our new Moss Bros sub brand line up at the start of the Autumn 2014 season, in conjunction with our ongoing store refit programme, has ensured our customer offer is now more closely defined and aligned with our target customer groups, and is steadily building equity in the Moss Bros brand.

The implementation of a more coordinated and targeted promotional programme, in conjunction with improved clearance of residual stocks through our e-commerce 'Outlet' channel, has enabled us to improve our achieved gross margin. E-commerce has grown strongly in the period and this trend is expected to continue.

The broadening of our Hire product range, through the introduction of two ranges of lounge suits, and improvements in customer service delivery contributed to renewed growth in Hire and a successful 2015 wedding season, with Royal Ascot and eveningwear continuing to show growth.

We are at the very early stages of testing our retail proposition in International markets and will do so rigorously to ensure we understand the resonance of our brand and proposition.

The early response to the Autumn/Winter retail range is positive, with like for like* sales continuing to improve year on year. The Group's financial performance continues positively and in line with the Board's expectations for the outturn for the year."

The Group also announces that after six years of service, Robin Piggott, Finance Director, has notified the Board of his intention to retire at the Company's AGM on 20(th) May 2016. He will remain in his role until then to ensure a smooth transition with his successor.

[balcony] 15/9/2015 09:33

100k at 90p just showing

[salpara111] 15/9/2015 09:25

Have been tempted but they are pretty reasonably valued and the summers relatively poor weather is bound to have had an effect.
I have them on my list and would look to invest IF the next set of results is solid.

[cestnous] 15/9/2015 08:19

Bowl's failed it seems.

[cwa1] 15/9/2015 08:04

Morning All

Decided to add a few ahead of the interims in the hope that there will be a modest run in to them and the expectation that they won't disappoint given the relatively bullish AGM statement recently.

Fingers crossed and good fortune to all holders.

[balcony] 14/9/2015 16:44

Just 2 weeks to interims and we had a ahead statement at the AGM, I also think the bowl as been noticed by a well known trader

[cestnous] 18/8/2015 13:08

May get back in if that early bowl develops a bit.....


free stock charts from uk.advfn.com

[twiggy2] 18/8/2015 10:13

Not too many posts on here.
Bought a few today.

[mrthomas] 05/6/2015 07:32

Brought in yesterday before going ex div interstate share

[snadgey] 02/6/2015 21:25

L&G raise their holding from 8%-9%
Ex-div Thursday.
Break out looming?

[snadgey] 23/5/2015 00:02

Good AGM update confirms continued positive trading so far this year. Ex div in 2 weeks should help to keep price above £1.

[azalea] 27/4/2015 14:02

Directors selling and filling their boots with cheap options.

[cestnous] 27/3/2015 08:37

From I.C. today;

Moss Bros invests
Final numbers for Moss Bros (MOSB) showed a fourth successive year of profit and revenue growth, with like-for-like sales up 5.5 per cent. The men’s suit specialist is also powering ahead with a store re-fit programme in a bid to capitalise on a rebrand of its major product lines last autumn.
Management is putting faith – and a lot of money – into these store refurbishments. The launch of six new outlets and the refit of a further 14 accounted for much of the £8m of capital expenditure in 2014. That figure will increase to £14m this year as Moss Bros upgrades 27 stores and increases its investment in inventory within the hire division. This new hire stock, which includes a range of lounge suits, is already helping to buck business in the division this year after like-for-like sales fell by 3.6 per cent in 2014 – the second successive year of decline.
Meanwhile, revenues in both the retail and hire divisions were bolstered by e-commerce. Online sales grew by 59 per cent last year, and now account for 7.8 per cent of group turnover. Analysts at Peel Hunt are forecasting adjusted pre-tax profits of £5.7m and EPS of 4.4p this year, rising to £6.7m and 5.2p in 2016-17.
? With the shares trading on 24 times forward earnings, the market has clearly clocked the turnaround story at Moss Bros, which is underpinned by a strong balance sheet and solid brand. The PE ratio should come down as management expands the business, and the 5 per cent yield is hard to ignore. AN

[paleje] 25/3/2015 09:44

Yes didn't turn red, Cestnous, definitely a good sign these days when results often come with bloodshed:)

[cestnous] 25/3/2015 08:55

Good enough to hang on in here. Market seems to like the results.