Naked Wines Plc

2.60 (2.48%)
Share Name Share Symbol Market Type Share ISIN Share Description
Naked Wines Plc LSE:WINE London Ordinary Share GB00B021F836 ORD 7.5P
  Price Change % Change Share Price Shares Traded Last Trade
  2.60 2.48% 107.60 46,659 15:22:01
Bid Price Offer Price High Price Low Price Open Price
107.40 107.80 107.80 106.00 106.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Wine,brandy & Brandy Spirits 350.26 2.38 3.20 - 79.63
Last Trade Time Trade Type Trade Size Trade Price Currency
15:22:01 AT 1,500 107.60 GBX

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Naked Wines Forums and Chat

Date Time Title Posts
01/5/202308:45Naked Wine plc, now free of Majestic.166
02/7/202206:54Majestic Wine (WINE)284
10/7/202119:31The Official Wine Gluggers Site2,793
20/2/201512:26The WINE INVESTMENTS thread.9

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Naked Wines (WINE) Most Recent Trades

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Naked Wines (WINE) Top Chat Posts

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Posted at 20/3/2023 09:31 by creditcrunchies
Yes they are exposed by it. There was an RNS that stated: The online wine retailer says its contractual assessment to date shows it having 0.6 million pounds of cash to be at risk. Company adds that 14 million pounds of cash is held in an SVB account who acts as a custodian for third party money funds.
Posted at 11/1/2023 08:30 by se81
The Times reports "Majestic Wine enjoys second-biggest Christmas trading performance in its history"

Not sure what can be read across but worth a mention as I've always thought similar quality of wine and customer demographic (physical vs online of course)


Posted at 05/1/2023 10:45 by columbarius
I made use of a cheap introductory offer in August, saved a few months, bought a case in the January sale, then cancelled. I might repeat next year if wine guy is similarly desperate for business.
Posted at 07/12/2022 13:49 by creditcrunchies
I've see a report on this by Paul S reckons the stock inventory could be an issue as they need to reduce it down by 50% within 12 months to hit their targets. Mentioned other stuff about customer's money not being ring fenced. A lot of this gets invested into wine makers ahead of any wine getting delivered by them. Bottom line is this could basically double if management hit their targets or go pear shaped if they struggle to reduce down inventory
Posted at 29/10/2022 14:36 by creditcrunchies
Last time I looked they had around 350,000 members that pay £84 million in cash every year guaranteed without any wine purchases required. 2020 was a daft year they had a captive audience but their workforce had disappeared into lockdown even though their business was exempt from the sales restrictions. They did stuff like re-organise warehousing when they could have made an absolute fortune just selling as much wine as possible. It was really difficult to buy anything from them.

They do stuff like wine tasting events all over the country which are realy popular the tickets sell out every time but they do this thing where if you order a case of wine you get in free. Well the ost of holding these events far exceed the cost of a case.

The other thing they do is ask no questions returns on wine you see people saying "this is corked" when I've ordered so many vintages where zero are corked they just get people that taste it, they don't like it so ask for a refund. The other area where there is massive waste is to do with the staff they can just help themselves to as much as they like as a perk. I get the impression they have no cost controls there at all.

They get so much cash thrown at them all they need is somebody to get some cost control in there. Cut the perks, limit the funds they give to growers, cover their costs at wine tasting events. They just need to run this as a proper business. They've got a good model otherwise the only way they'll go bust is through incompetence not their reputation.

Posted at 16/9/2022 11:24 by massimoj
I mean people are putting money in to buy wine, no? They'll still be able to buy wine? And if they want to take it out, they might be offered their money or the opportunity to buy more wine at an even cheaper price? This isn't cash ISAs we're talking about, it's prepayment for wine, which they can still buy. The whole model is based on prepayment for wine, and they explain that clearly.
Posted at 15/9/2022 12:01 by squintyflinty1
Wine from Tescos don’t even come close to the standard supplied by Naked . I’ve done a tasting test with supermarket wines vs N.wines. Supermarket wines don’t compete. I’d rather drink less wine and have the quality. Plus they have a quarantine that if you don’t like a certain bottle , then they issue you a refund. I’m sticking with Naked Wines!
Posted at 14/9/2022 14:55 by jonnybig
Always wondered how these wine clubs could afford to give 80 quid introductory vouchers unless the wine is overpriced.

Did like the wine but as I say you can buy perfectly nice wine from tesco for much less.

People economising will really hit the likes of naked very hard.

Posted at 14/9/2022 11:18 by tomboyb

Naked Wines Slumps 34% as Director Quits Amid Funding Review

14 September 2022 at 10:17 BST
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Private Company

UK booze retailer Naked Wines Plc’s shares tumbled on Wednesday following a non-executive director’s abrupt departure as the company reviews its finances.

The shares slid as much as 34%. Naked said in a surprise statement Tuesday night that Pratham Ravi, an analyst with largest shareholder Punch Card Management LP, has resigned from the board. The news came just three weeks after he was appointed, something the company said at the time it was “delighted” about.

The swift exit suggests “something has gone somewhat awry,” Liberum analyst Wayne Brown said in a note to clients, slashing his target price on the company by a third. A spokeswoman for Naked said she couldn’t comment on specific reasons for Ravi’s departure, while Punch and Ravi didn’t immediately respond to requests for comment.

Naked said in a separate statement that it’s reviewing its operational and financial plans for the next 18 months, and added that it’s in discussions about its credit facility. The firm, which has a market capitalization of £74 million ($85 million), will provide a trading update on Oct. 17.

That update could be “rather negative,” Liberum’s Brown said, pointing to a weak balance sheet and question marks around covenants, liquidity and going concern issues.

Posted at 08/2/2022 06:42 by lindowcross
From Retail Gazette,
Majestic Wine online sales skyrocket 300%
Elias Jahshan -
June 11, 2021
Majestic Wine toasts record market share
// Majestic Wine says it outperformed the market by 8% since acquisition by Fortress in December 2019
// This accounts for over 5% of all wine sold across Britain and online sales skyrocketed 300%
// Summer 2021 predicted to be Majestic Wine’s “biggest ever” as millions of Brits holiday in UK

Majestic Wine has revealed details of a record breaking trading period over the last 18 months, with some key trends predicted to continue as the world reopens.

The wine retailer said it outperformed the market by eight per cent since its acquisition by investment firm Fortress in December 2019, which took the retailer back to private ownership.

Majestic Wine said its market share now accounts for over five per cent of all wine sold across Britain.

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