Mulberry Share Discussion Threads

[alexx] 08/8/2011 15:34

Well, I'm glad I didn't wait to go short, it's fallen almost every day since. A sort of consolation prize.

[alexx] 22/7/2011 12:34

I'm looking for shorts now. Is anyone short this already, over valued it is, but will it stop going up? Comments welcome.

---------------

James
Sure you have too much advice already but may be worth considering gold, a safe haven resort.
Been averaging +20% for the last few years.

[1chunk] 20/7/2011 12:46

Take a look at CEY mate,

Regards

[james111] 20/7/2011 12:44

Thanks philjeans will be looking at those mentioned.
and thanks jakleeds already into FCCN a bit dissapointing for me , wont be selling but dont wish to top up.

regards
James

[jakleeds] 20/7/2011 11:29

Well done James - any thoughts on French Connection FCCN at the moment?

Regards

[philjeans] 20/7/2011 11:22

Well done James - stupidly I sold all mine after doubling a couple of years ago!

Try TNI, GTC and AGL for potential MULTI BAGGERS - dyor - I hold all three.

See the thread for details.

[james111] 20/7/2011 10:29

sold some yesterday at £18.20, reduced my holding now only have 7000 left,
did have over 20k sold first lot at mid £14s yesterday £18.20.
Not bad when they were bought in the 50ps.

Now someone tell me where do I find another like this!
I am some 35% in cash interest rates no good and I am getting worried about the markets. Heavilly into REITS which still pay mega divs. Just cant find anything else.

Regards

James

[goliard] 20/7/2011 06:45

PS now over £1 billion Market cap! It's like a little luxury goods 'bubble' all of it's own.

[goliard] 20/7/2011 06:43

And directors are selling too. They don't seem to believe this valuation. I still can't bring myself to short this even with this quite ridiculous valuation.

[james111] 19/7/2011 09:15

this morning up now £18.40 lucky I didnt get a hit on the F or K!

Really cant work this one out, we all keep thinking its very toppy themn it goes up again.

[james111] 18/7/2011 16:01

Just trying to get £17.70 for another traunch of 6500 I am selling. Done a fill or kill.

[jonno1] 01/7/2011 12:28

so its up %3200 now...

[goliard] 16/6/2011 09:04

Hard to argue with these numbers. Just wish it was still 80p!!

[cervelo] 16/6/2011 08:04

very impressive numbers this morning.

16 June 2011
MULBERRY GROUP PLC

PRELIMINARY RESULTS FOR THE YEAR ENDED 31 MARCH 2011 Mulberry Group plc, the British luxury fashion brand, is pleased to announce a strong performance for the year ended 31 March 2011.

FINANCIAL HIGHLIGHTS

-- Revenues increased by 69% to GBP121.6 million (2010: GBP72.1 million)

-- Retail sales up 44% to GBP73.5 million, like-for-like up 43%

-- Wholesale shipments to third-parties up 130% to GBP48.1 million

-- Profit before tax up 358% to GBP23.3 million (2010: GBP5.1 million)

-- Basic earnings per share up by 473% to 29.8p (2010: 5.2p)

-- Proposed dividend up 82% to 4.0p per share (2010: 2.2p per share)

OPERATING HIGHLIGHTS

-- 9 new stores opened during the year in Beijing, Hong Kong, Malaysia, Korea, Qatar, UAE, the Netherlands and Sydney

-- New flagship store opened at 50 New Bond Street, London

-- Global expansion continued with international revenues growing 145% to GBP40.5 million (2010: GBP16.6 million)

-- Online sales grew 64% to GBP9.2 million, accounting for 8% of sales

-- New London headquarters opened on Kensington Church Street

CURRENT TRADING AND OUTLOOK

-- Retail sales up 38% for the 10 weeks to 4 June 2011, like-for-like up 42%

-- Like-for-like UK Retail sales in full price stores and department store concessions up by 33% for the 10 weeks to 4 June 2011

-- With 5 months selling left of the Autumn/Winter 2011 season, third-party orders are already 38% ahead of Autumn/Winter 2010 total orders

-- New store openings scheduled for New York, Amsterdam, Germany, Korea, China and Bangkok over the next 10 months

-- Expansion of the Somerset factory under way, creating 50 new manufacturing jobs and adding 30% to UK production capacity

GODFREY DAVIS, CHAIRMAN AND CHIEF EXECUTIVE COMMENTED:

"Mulberry has increased sales by 69% year on year and delivered a step change in profitability. Strong demand in all markets has continued into the new financial year and the outlook for the Mulberry brand is positive. While we remain cautious about the global economic environment, we are focused on accelerating our international expansion."

[nspal] 08/6/2011 16:23

Some very large (200,000 +) sales after 4pm and marked as O rather than AT. Fascinating.

[aleks_atanasov] 27/5/2011 19:21

21.5m profit from Altium Sec.

[doowle] 27/5/2011 13:41

Does anyone know what the market expectations are for revenue and ebit?

[james111] 28/4/2011 16:04

took my first profits here, been in for years and now seen it rise 8 fold. Yesterday I sold a third of my stake at just over £15 only to see it fly to £16, have no regrets as MUL was making too much difference to my portfolio in that if idex went up and MUL dipped I had a bad day and vice versa!
Problem now is finding a new home for the cash along with the coming funds from takeovers of NFDS & CHU still a nice problem to have so not complaing.

Regards
James

[goliard] 28/4/2011 08:35

It is, but it is also completely bonkers. Almost a £1 billon company now!!

[james111] 27/4/2011 11:21

What a nice chart, just keeps doing all the right things.

[akhtar8] 11/3/2011 10:50

GCI comment on Mulberry

[masurenguy] 11/3/2011 07:36

At the existing share price the current year PER is north of 60 ! Despite the fact that they are having a stellar year this must be ripe for a fall.

[irenekent] 11/3/2011 07:32

Must be one of the strongest and most aspirational brands in the UK today. Potentially could be bigger than Burberry and not a chav in sight!

[goliard] 11/3/2011 07:10

I wonder if we will re-test previous highs with yet another upbeat trading statement out today?