Next Share Discussion Threads

[ccraig69] 01/11/2017 08:23

Think they need to call directory. internet sales lol

[spob] 27/9/2017 09:53

Sold my NXT today @ 5150


Nothing wrong with Next

it's just that when i bought at 38 and 36 it was dirt cheap


after the recent move up to around 52 it now looks fairly valued

fairly valued is not my thing, i am interested in dirt cheap deep value


i will definitely be back the next time a panic strikes


good luck to those holding on

[toffeeman] 25/9/2017 16:33

Stopped out !

[tlobs2] 22/9/2017 16:00

I'll take 1%-2% a day for a couple of weeks ;-)


Once the first of the significant shorters starts to close their position this will really start to fly ...... and then watch them panic :-)


IMHO

[smicker] 22/9/2017 09:15

No buyback yesterday?

[toffeeman] 22/9/2017 09:10

Well limit order taken - let's see how it goes!

[minerve] 21/9/2017 15:06

Next - one of my portfolio gems - which reminds me - haven't yet used their discount voucher!

[cluelessbugger] 21/9/2017 14:51

Approx £5M shares bought back per day. So assuming they have £53M to spend we might see this continue for a couple of weeks?

[tlobs2] 20/9/2017 17:37

That would be a gamble whilst they are buying shares on a daily basis. Last time it went on for quite a while.


Wait until they have driven the price up to 5500p and you might have a chance ;-)


There is also the issue of all those significant short positions that will need to start to close which in itself will give a significant boost to the share price.


Happy days :-)

[toffeeman] 20/9/2017 17:00

Anyone else fancy a cheeky short if it hits 51?

[tlobs2] 20/9/2017 15:14

Three or four weeks of these daily buy backs would be nice ;-)

[toffeeman] 14/9/2017 15:30

Well we'll close above the 200 day MA :)

Might even see my 51.70 entry price soon :):):)

[smicker] 14/9/2017 11:22

fwiw

hxxp://everyinvestor.co.uk/2017/09/14/next-try-this-upgrade-for-size/

[smicker] 14/9/2017 10:40

Of the £310m of surplus cash that we expect to generate, we have stated our intention to pay out £257m by way of four special dividends of 45p per share. Two of these dividends have been paid in the year to date and a third has been declared and will be paid to eligible shareholders on 1 November 2017. As can be seen in the table below, it is likely that we will be left with £53m of surplus cash at the end of the year. We now intend to distribute this to shareholders by way of share buybacks, subject to the prevailing share price and market conditions.


Seems clear there are 4 special divs costing 257m leaving 53m for buyback

[tlobs2] 14/9/2017 10:19

Try to look at the positives mike. No point waiting for what you believe will be a downturn. You might be disappointed when it turns into a boom ;-)

Regards

Glass half full

[mike24] 14/9/2017 10:14

surplus cash is needed for coming downturn,
yesterdays press, 2MILLION face losing homes !
why waste even more on buybacks, for the benefit of who?

the only reason retail is holding up is the insane raising
of credit card extensions, M&S won't give new customers a store card unless
y take a 5k limit

[tlobs2] 14/9/2017 10:12

The remaining shorters are certainly feeling the pain this morning :-)

This could end up over £50 today :-)

[ganthorpe] 14/9/2017 09:52

Following the train of announcements about special divis .
They originally announced 4 quarterly specials of 45P first one paid in May 2017.The second was paid in August , then the third was announced for Nov1st. About that time they said that after paying the divis ( which I took to mean all 4) they estimated that they would have £53 surplus cash remaiming which they would decide what to do with later.Now there is no mention of the fourth special but £50M cash remaining which will be spent on buy backs.Not enough for a fourth special?(cost about £83M?)
It looks like cash generation has not been as much as expected?
Or where have I gone wrong?

[funkmasterp12] 14/9/2017 08:20

Follow the money, as they say. That's why the directors were buying.

[spob] 14/9/2017 08:14

shorts taking cover

i love the smell of burn't fingers in the morning

[spob] 14/9/2017 08:01

The first half of the year has been difficult and sales and profits are in line with our cautious expectations. However, our performance in the last three months has been encouraging on a number of fronts and whilst the retail environment remains tough, our prospects going forward appear somewhat less challenging than they did six months ago. As a result, we are taking the opportunity to modestly upgrade our sales and profit guidance for the full year.

NEXT Brand full price sales(1) in the first half were down -1.2% and total sales(2) (including markdown) were down -2.3% on last year. Group profit before tax was down -9.5% and Earnings Per Share (EPS) were down -6.2%. The first half has seen a marked divergence of performance between our Retail and Directory businesses, with sales and profits down in Retail but moving forward in Directory.

We are declaring an ordinary interim dividend of 53p per share, which is in line with last year.

[toffeeman] 05/9/2017 10:49

Back above 200 - will it hold this time?

[funkmasterp12] 05/9/2017 09:22

That's a bit more like it.

[tlobs2] 05/9/2017 08:37

Keep squeezing those miserable moaning shorting *arstewards :-)

[toffeeman] 04/9/2017 15:54

Next to be taken over by Amazon :)