Naked Wines Share Discussion Threads

[barnes4] 12/9/2024 14:27

What the hell is going on at wine?

[clive7878] 07/9/2024 19:32

I thought the voucher I received for Naked Wine, was not over cheap for the wine.
If the company is capitalised at £40m and profit is £5m, not sure what the growth value is, even though it was recommended in the I.C. last weekend.

[backmarker] 04/9/2024 08:09

I haven't bought any wine from Naked for some time. I didn't rate it compared with Virgin and Laithwaites.Has it improved ?I'm trying to understand why Naked is very actively traded while Virgin is almost overlooked. I guess there's a lot more room for improvement here, while Virgin is already a tight ship. Also Naked is bigger.

[rimau1] 04/9/2024 06:05

The provision is about gbp2.4m and another gbp2-5m this year. I think its all around the US overstocking during covid by previous management and its now not good enough quality to sell (not all wine appreciates with age sadly). Anyway that is all in the price IMO. Simon Thompson updated last night in the IC and remains bullish as you would expect since its one of his bargain shares of 2024. I am adding at 53p, the discount to book is too big and book value is mostly fresh saleable wine stock and net cash

[backmarker] 03/9/2024 16:26

Does anyone know what the "inventory provision" is? Is this what I would call a write-off brought about by revaluing stock downwards?

[barnes4] 28/8/2024 07:42

Absolutely no interest whatsoever

[barnes4] 28/8/2024 06:29

Very soothing rns from Wine today

[barnes4] 27/8/2024 15:28

Not going to happen it seems?

[barnes4] 27/8/2024 12:17

Come on wine 👍👍👍👍

[barnes4] 27/8/2024 10:16

Yep read the rns and thought best sell
This is well dodgy

[barnes4] 27/8/2024 08:55

Clearly nothing good expected from Wine after the city have read the rns before it had been issued

[barnes4] 23/8/2024 06:06

And that was known beforehand as the price has recovered recently

[barnes4] 16/8/2024 09:59

What the hell is happening at wine

[barnes4] 14/8/2024 07:20

What the hell is going on at wine?

[barnes4] 13/8/2024 11:56

This lot have really let themselves down

Promise results in July they said

[barnes4] 05/8/2024 07:09

What a bloody disgrace

Wine announced results would be in July

Wine it is now August

[barnes4] 01/8/2024 14:07

Wine are getting it for not updating the stock market on time as promised in July

[barnes4] 31/7/2024 11:37

Wine have let themselves down regarding results

[barnes4] 31/7/2024 06:04

Where are the results?

Naked Wines is pleased to provide a pre-close trading update in respect of FY24 for the 52 weeks period ended 1 April 2024. Naked Wines expects to release audited FY24 results in July 2024, as such this update contains unaudited financial information subject to final audit review.

[barnes4] 30/7/2024 15:11

Tomorrow then

[barnes4] 27/7/2024 09:15

Results next week I think?

[barnes4] 26/7/2024 12:51

Thanks mr market I just filled my boots

[photon] 23/5/2024 11:08

- also it's instructive to look back a few years, of course the all time highs of 800p+ were reached during Covid peak but pre-Covid there were years of trading in a range around 300-450p which could be a guide as to where the price could recover to in time

[photon] 23/5/2024 10:47

Thank you. I'm no chart expert but with the price moving up through the 20,50 and 200 day MAs, the 20 day turning up and the 50 and 200 days levelling out, the potential for share price recovery looks strong in the technicals as well as in the cash generation and other improvements.

[rimau1] 22/5/2024 14:31

Welcome Photon. What do the charts say