Mulberry Share Discussion Threads

[clocktower] 18/1/2023 17:30

Not so good after all Burberry sales, so is MUL suffering as well?

[gregpeck7] 03/1/2023 08:53

Think this is about to start running higher, looks like luxury has had a good christmas and mulberry should reflect this.

[gregpeck7] 01/1/2023 20:36

Should soon find out how Christmas trading went?

[gregpeck7] 12/12/2022 22:00

Deffo steadying around this level. Next move surely north.

[disruptor1664] 02/12/2022 21:03

Was a typo I think... He meant 16p for PXEN :)

[disruptor1664] 02/12/2022 21:02

Ignore Greg, clock. Seen him countless times ramping the sh1t out of shares and then does a disappearing act.What's more moronic is suggesting luxury markets are about to 'boom' right before winter in the midst of an energy crisis.All should not be fooled by his ramps. Check his recent dog record out on UOG ramping the drill results which came in underwhelming... Was ramping 3p... It now sits around 1.4p. Embarrassing considering was deramping other shares off which have subsequently risen whilst his dog shares have sunk.

[oilbuy] 02/12/2022 16:16

Did you buy into PXEN at 9p lolWhere is your 6p

[clocktower] 02/12/2022 15:32

The Ladies Bag Market is flooded with so many Brands across a wide market.

Mulberry built the foundation of their business on Luggage and Travel Bags - then moved into Ladies Handbags and as bit of clothing - the clothing never worked for them and now if you look at the company website they have a bit of a mishmash of things like coats/sunglasses/earing/necklace etc

The company is not clearly focused and no doubt this leads to part of the big increase in stock - mostly dead stock I guess.

They want to cut out major stores and run the shops themselves - well all dandy while things are booming but costly having all those overheads and a distraction from the job in hand.

I believe the cash will be swallowed up, they will very quickly encounter serious problems and before many years will be swallowed up by someone for a song.

Good Luck though.

[gregpeck7] 02/12/2022 15:04

Spoke too soon!!

[gregpeck7] 02/12/2022 08:53

Seems to have settled down again. 4 v 1. 1 mm at 260 then it's all the way up to 290. Could live back very fast now

[gregpeck7] 01/12/2022 23:53

https://www.standard.co.uk/insider/kate-middleton-boston-trip-burberry-dress-mulberry-handbag-diana-earrings-chanel-b1044091.html

[gregpeck7] 01/12/2022 23:51

https://www.hellomagazine.com/hfm/20221201158534/princess-kate-mulberry-bag-rent-now/?viewas=ampKate out wearing mulberry accessories again! Boost those sales Kate!

[gregpeck7] 01/12/2022 15:12

Oilbuy. You are obsessed with following me like a lost dog. Pxen will soon stop defying gravity don't worry.

[oilbuy] 01/12/2022 15:00

Gregpeck7You must be down to 5k in money at this levelTold you to buy PXEN at 9p

[csmwssk12hu] 01/12/2022 13:24

On the contrary don’t ever underestimate the luxury goods market these bags are collectible and the reason is amazingly they can hold and even increase in value, yes it’s mind boggling to us normal folks but these people aren’t in the real world

[gregpeck7] 01/12/2022 11:14

hxxps://www.prnewswire.com/in/news-releases/handbags-market-to-grow-usd-50710-million-by-2028-with-a-cagr-of-4-3--valuates-reports-301666367.html


Key companies include.... Mulberry.....

[gregpeck7] 01/12/2022 11:06

So much less? Revenue was down 1 percent, currently trading ahead of last year and China ending lockdowns... again what are you smoking?

[clocktower] 01/12/2022 10:59

The days of showing off wealth by buying expensive bags is numbered, hence they move to a sustainable rejuvenation model.

Was it 10,000 bags they have given new life too - surely that must be a sign that the wealthy are not now just going out and buy new luxury goods but want to be seen to be looking after the environment.

Seeing they sold so much less over the past six months I wonder if they have had to lay off skilled staff that make these bags. I bet once they have laid them off it is hard to get them back, so maybe they carry them for a while.

[gregpeck7] 01/12/2022 09:42

Confirmed on BBC now

[gregpeck7] 01/12/2022 09:37

China lifting lockdown measures just in time for Christmas!