Mulberry Share Discussion Threads

[oilbuy] 30/11/2022 08:12:36

I think you should buy PXEN with the few quid you have left.

[gregpeck7] 30/11/2022 08:07:40

Agree on takeover. Someone is going to snap this up. Burberry surging higher again.

[clocktower] 30/11/2022 08:05:50

Increasing stock is not something one should consider positiv4e in a market that is going to enter into a likely recession after Christmas. Look how UK sales have fallen. already.

Going from profit to loss cannot be considered a success, so get real and smell the coffee.

[gregpeck7] 30/11/2022 08:02:17

Now is when the money is made and revenue last 8 weeks is up YOY. Great buying op.

[gregpeck7] 30/11/2022 08:01:18

This increase was predominantly driven by increased inventories of GBP16.7m, to support our strategy to focus on a direct-to-customer model, to mitigate cost increases, and to prepare for the important festive trading season. We are managing stock levels in light of the ongoing macro-economic uncertainty and cost increases.Exactly what I've just said on lse mate and trading for current period is ahead. They have invested the cash not lost it.

[csmwssk12hu] 30/11/2022 07:46:26

The results were good if you dig deep, near £17m increase in stock as they increase dtc opening more stores with Irish due to open before Christmas and despite covid restrictions in China, the U.K. sales drop is not surprising as the whole market has dropped, electrical market is down 18% furniture down 33% so 10% down on last years 32% rise is resilient to say the least, profit is always weighted to the second half, amazingly they are one of a very limited number of companies that have three year fixed energy bills which they fixed in October 21 so are unaffected directly by the increased energy costs, there’s a bid coming here off one of the two biggest holders or Burberry imho dyor

[gregpeck7] 30/11/2022 07:30:07

Current Trading-- An improved trend in retail revenue for the eight weeks to 26 November 2022 compared to the same period last year, however there remains ongoing uncertainty in the economic and geopolitical environment

[gregpeck7] 30/11/2022 07:19:12

Solid results. Not spectacular. Big cost increases as they push the brand. Margin maintained at 71 percent which is pretty incredible. Multiple price increases during the period. Asia strong despite all the covid 19 restrictions.

[my retirement fund] 29/11/2022 23:25:01

Goodwick greg

[gregpeck7] 29/11/2022 16:43:28

PS you may need to take that back tomorrow!

[gregpeck7] 29/11/2022 16:42:43

I have a decent amount ;-)

Thanks.

[essentialinvestor] 29/11/2022 15:38:56

Greg, you hold quite a few of these, eh ; - well done.

[gregpeck7] 29/11/2022 15:25:09

Here it goes... Now we all know what happens when MUL starts moving.

[gregpeck7] 29/11/2022 10:09:36

What's great about this setup is it is literally so under the radar.

[gregpeck7] 29/11/2022 10:09:15

Check AQSE. All the buys are in there. Almost full ask. They are trying to hide them

[csmwssk12hu] 29/11/2022 10:01:22

No buying ahead of results if they are good should be a great rise

[gregpeck7] 29/11/2022 09:32:20

Burberry smashed 52 week high and not flying up relentlessly. Matter of time before ethis follows suit.

[gregpeck7] 29/11/2022 08:53:19

1 MM at 270, then its 290. Time to move up!

[gregpeck7] 28/11/2022 08:06:11

3 v 1 level 2. Looks ready to go again.

[gregpeck7] 27/11/2022 21:33:51

Yup agree. China demand is huge it is there. This is just temporary noise . Mulberry is strong across the world and how much are the rich affected?

[csmwssk12hu] 27/11/2022 20:07:38

China protests over covid restrictions they will need to abandon zero covid strategy very soon

[gregpeck7] 27/11/2022 17:26:33

Also note how there is zero discounting in the website. Surely a very good sign.

[csmwssk12hu] 27/11/2022 08:41:30

Black Friday sales ahead of last year. Mulberry bags the must have bag apparently.
I was thinking just and thought why don’t they cancel the dividend and use it to do share buyback.

[gregpeck7] 26/11/2022 01:12:14

https://www.express.co.uk/life-style/style/1699638/kate-middleton-clutch-bag-mulberry-british-designer-exclusive/amp

[gregpeck7] 25/11/2022 09:58:17

Added a small amount more this AM