Next Share Discussion Threads

[sogoesit] 12/9/2014 08:27

Management's share buy-back threshold was held at £66 and no new release of (dividend) cash news so it appears to me that there is little change in their outlook from the previous statements and must await Q3. The issue is, are we headed back to £66 with the sp?

[zulu001] 12/9/2014 07:35

Comment on yesterday's results:
Next confirmed total sales growth of 10.3% in the first half and slightly upgraded its full-year earnings guidance, but shares slumped after the figures fell short of City analysts' ambitious forecasts. Retail stores and its online business both delivered significant growth to lift profit before tax 19.3% to £324.2m for the six months to end-July, shy of the £329m analyst consensus, with earnings per share up 22% to 173.3p.
Analyst Freddie George from Cantor Fitzgerald said the figures were "strong but slightly light of very ambitious market forecasts".

[tiptv1] 11/9/2014 15:26

Sales up, Support towards 7,000p for Next (NXT) - See more at:

[mike24] 11/9/2014 08:35

john lewis's great results, but the boss says "the future is still about
sustainability of recovery" but their prime target is LOCATION, tv &
electrical bring in the male customers, plus QUALITY white goods dept

wages in construction are rocketing, but retail has wage deflation in real terms,
due to zero contracts, savers earn peanuts, but shoppers pay outrageous % card rates,
this accounts for a nice slice of the profits,
so how far can you squeeze joe public, till the next downturn,

as a former small time contractor to developers of out of town retail parks
you see things from a different angle, these steel sheds are so easy and
cheap to build, the rental return is good, the high st, department stores
are by comparison dinosaurs to run and maintain, several floors to service, escalators, lifts, stock storage, loading bays, security over several entrances,
no HALO effect from surrounding smaller retailers, list goes on
edit
the take-over by NXT of a midlands "home base store", shows how easy it is to
virtually rebuild & double the size of an out-of-town steel shed, within just a few months, as always the benefits
seem to be to the landlords, by improving their assets & rental values, and
the HALO effect thrown in for free! but if you change a tenant like Greggs then
the the whole unit has to be refurbished, kitchens, counters, boosted
power services run in to six figs, and are no use to another tenant

[karateboy] 11/9/2014 07:29

Divi 50p against 44p market was expecting. This should support to £75.

[tr65] 11/9/2014 07:25

Lot of 'howevers' in the statement. Back to £66?

[tiptv1] 09/9/2014 18:02

Next (NXT): Toppy towards 7,200p - See more at:

[zulu001] 08/9/2014 11:57

Scots poll re Yes leads to weaker pound which increases sterling cost of imported garments.

Increased uncertainty.

Primark less sparkling than usual on LFL in Q4 - some read across to Next results on Thursday?

[joemillion] 08/9/2014 10:27

Agree although the management do seem to be historically over cautious with their predictions. Anyway a nice buying opportunity today so topped up with a few more at £70.90 pre interims…

[tr65] 05/9/2014 08:09

But isn't 97% long the reason why it's vulnerable to U-turns if there's a hint of bad news?

[joemillion] 05/9/2014 00:50

97% long on IG so hard to argue a case of going short on this one I would think. Results will as expected or better I would think which will move us up to nearer £75 come the end of September.

[tr65] 04/9/2014 20:18

Virtually a straight line rise for years. News always good, apparently. So how far will NXT dive if the results are a bit off?

[mike24] 29/8/2014 08:27

ere we go, quick short
from
19/8 would expect an uplift closer to results
edit
the markets are'nt going to let pesky traders cream off
a fortnight of rises
dyor

[cockneyrebel] 26/8/2014 13:11

New all time highs today - results Sep 11.

CR

[zulu001] 24/8/2014 05:09

Not how, if.

Asos is, still, on a P/E more than twice that of Next.

[lauders] 24/8/2014 04:50

The chart here and at ASOS are rather different to say the least and ASOS was a darling of the market to some before. Not invested in either but just interesting to see how the tide turns.

[cockneyrebel] 22/8/2014 14:20

Breaking out to new highs.

CR

[tiptv1] 22/8/2014 14:15

David Paul, Managing Director of VectorVest says to BUY AND HOLD in Next (NXT) - See more at:

[cockneyrebel] 19/8/2014 09:43

Breaking out.

Results Sep 11.

Recent trading strong.

All imo/dyor etc.

CR

[sogoesit] 30/7/2014 10:32

New Buy back threshold is £66 and no more special dividends for this year.
We wait 'til January 2015 for further news on this subject, I guess.

[luckymouse] 29/7/2014 16:37

Bkr consensus seem a bit low to me at 6700 ?

I calc JAN15 = 6918 , JAN16 7468

[zulu001] 29/7/2014 11:41

Cantor increase TP to 7400p from 7200p because of the earnings upgrade.

[sogoesit] 25/7/2014 16:36

Rumple, Outside a Close Period a company may do what it likes to re-purchase shares subject to prior Shareholder Approval to alter its capital structure and giving notice post purchase.
During Close Periods it must make an arms length dealing arrangement, usually with its broker. See today's announcement as Next enters it's Close Period next week. See the Listing Rules, specifically 12.2.1R for the latter issue.