Share Name Share Symbol Market Type Share ISIN Share Description
Mulberry Group Plc LSE:MUL London Ordinary Share GB0006094303 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  12.00 5.26% 240.00 1,130 11:56:28
Bid Price Offer Price High Price Low Price Open Price
216.00 240.00 240.00 240.00 240.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 166.27 -5.01 -8.20 144
Last Trade Time Trade Type Trade Size Trade Price Currency
11:56:28 AT 400 240.00 GBX

Mulberry (MUL) Latest News

More Mulberry News
Mulberry Investors    Mulberry Takeover Rumours

Mulberry (MUL) Discussions and Chat

Mulberry Forums and Chat

Date Time Title Posts
18/12/202016:22Who would want Mullberry?158
21/6/201410:36Mulberry onwards and upwards!1
02/12/201315:39*** Mulberry ***75
08/9/200715:31Mulberry - Short the berries off it - FD resigns and sells shares22

Add a New Thread

Mulberry (MUL) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
View all Mulberry trades in real-time

Mulberry (MUL) Top Chat Posts

Mulberry Daily Update: Mulberry Group Plc is listed in the General Retailers sector of the London Stock Exchange with ticker MUL. The last closing price for Mulberry was 228p.
Mulberry Group Plc has a 4 week average price of 193p and a 12 week average price of 140p.
The 1 year high share price is 312.50p while the 1 year low share price is currently 115p.
There are currently 60,077,458 shares in issue and the average daily traded volume is 1,312 shares. The market capitalisation of Mulberry Group Plc is £144,185,899.20.
clocktower: In light of the results it is clear that MUL is well undervalued, as it is likely that there will be a huge recovery next year. Mike got himself another bargain.
clocktower: It is better to have the Ong`s running MUL as I guess Mike will soon see a huge return on this investment, as sales return and exceed previous levels over the next two years. Besides, the sales growth MUL will get from the promotion that Frasers will put everything into - there will be string international growth, and Mike might have an eye on other markets as well.
jbfnfn: Mike Ashley's Frasers Group increases stake in Mulberry htTps:// The Guardian article says "Under the panel’s rules Frasers has until 17 December to announce a firm intention to make an offer for the company." The question the Guardian article doesn't address is with a 37% stake in Mulberry can Ashley persuade Mulberry to sell in Frasers. From memory I thought Mulberry moved from selling in Frasers to selling in John Lewis. What sort of price would Ashley offer for Mulberry? How badly in need of cash is the Ong's Hotel and property empire? For what it's worth I think Ashley would only offer a low price the Ong's would not accept. However I'm frequently wrong.
dennisbergkamp: Wow, that's some serious up and down on the price... Next time I'll shut up... ;-( D
jbfnfn: Dennis 144 I can't see a reason why the Ongs would sell Mul to Mike Ashley. My understanding is the main listed vehicle controlled by the Ongs is Hotel Properties Limited (H15.SI) quoted in Singapore. As with all hotel businesses worldwide it's not doing too well, but it doesn't look terminal. Recovery from covid 19 in Asia has been much faster than Europe. It would really need a team of forensic accounts to work out how the Ongs are doing globally, but if there was trouble surely some news could be picked up. The Ongs may have enough money to to consider Mul something for Mellisa Ong to play with. It would be great if someone native to Singapore could chip in with a view on the Ongs business situation. It's hard to see how Mul's main shareholder the Ongs and PIs interests could coincide here. The Ongs may not care what the share price is or how little profit is made. I have a small underwater holding here, can't decide whether to topup or get out.
clocktower: The end of Tax Free shopping in the UK would I expect cause a big hit to Mulberry. The share might dip further very soon I guess.
jbfnfn: Is the strategy correct? The concern for me is the Operating expense here. As a percentage of sales OpEx is about 70% at the half year. Compare that with Burberry where the OpEx is about 50% of sales. For Mul OpEx may fall to the low 60s for full year. I understand why OpEx is going up with expansion of the number of stores in Asia e.t.c. There seems to be no urgency on making a profit. With the rise in Online sales do they need all these stores? Is there nothing in the 100 million plus annual OpEx which could be trimmed? The strategy relies on a substantial increase in sales for the company to make a profit. What if tha sales rise doesn't come soon? Whats happened to the Ongs business sense? With the rise in Online sales do you need the full traditional OpEx for a luxury brand?
jbfnfn: Item about MUL in the Tempus column of The Times today. Conclusion was avoid. No near term catalyst for a re-rate. The market cap of MUL is 160 million pounds. If you started from scratch could you duplicate MUL for that amount? Two factories in somerset e.t.c.
jbfnfn: clocktower why would the Ongs sell the business? There stated goal is to develop it into a bigger luxury brand. You can argue as hereford29 does above that they are being too ambitious in this goal. More profitable to keep it as niche British brand still desirable in Asia. Is it cheap at the current price? Can they get back to the level of profit they had in 2014? Can they make sure that Meghan Markle and Kate Middleton never leave the house without a Mulberry bag?
clocktower: Will one of the BIG Luxury Brands make an offer for MUL ?
Mulberry share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210128 12:42:06