Poundland Share Discussion Threads

[philanderer] 19/11/2015 10:47

Loom bands !!! FFS !!

'Retailer's underlying pre-tax profits see a steep fall partly due to the decline of the Loom Bands craze'

[mallorca 9] 19/11/2015 10:42

Watch the money come into this just before close today !

[philanderer] 19/11/2015 10:41

Life goes on ;-)


Construction begins on Poundland's £30m north west distribution hub

[greater things are yet to come] 19/11/2015 10:39

lol.. Inevitably in time these will be their self professed gold ticket
price. Pound a share..

Ultimately something like a WLW Mark viii.. 5p.. Except Lord AMS wont be
buying 5 million poundland shares to try and avoid the eventual inevitable
0p..

Gambler addicts mugs game complaining all the way down whilst racking up
compounded paper losses and over time actual cash loss. If the vital 6 weeks
Christmas is 'disappointing' which nearly ALL other retailers are starting
to see unfold and realise is going to be Reality. Then what share price following
early 2016 "trading update".. Sub 165p.. 2016 is NOT going to be a major
Boom year for bankrupt Britain with worse recession than 2008/9 inbound..

[philanderer] 19/11/2015 10:33

Plenty got mugged off with the 280p placing of 18 million shares less than two months ago. PLND`s city credibility will take some rebuilding


FT summary:

Shares in Poundland have plunged 20.6 per cent this morning after the discount retailer's profits nearly halved in the first half amid "highly volatile" trading conditions.

Pre-tax profit fell 43.5 per cent and the company, which offers products from sauce pans to tooth brushes at low prices, warned its performance "depends more than ever" on Christmas.

The company has seen its shares fall more than 45 per cent since they peaked in February

[joemillion] 19/11/2015 10:29

Drop well overdone and topped up first thing this morning.

[mallorca 9] 19/11/2015 10:28

Just read the whole RNS including future guidance.
VERY high growth prospect.
Have purchased for my SIPP this morning.

[shakeypremis] 19/11/2015 10:24

Always happens, buy high through hype, sell low through fear.

[eastbourne1982] 19/11/2015 10:00

Yes, the business has a lot going for it, you have to wonder why people are selling today, all will be at a loss as well !!

[mallorca 9] 19/11/2015 09:59

I think that one or two funds may buy in / increase their holding whilst this price opportunity lasts.

[mallorca 9] 19/11/2015 09:58

Expanding, low debt, high cash, increased dividend.

[eastbourne1982] 19/11/2015 09:55

There were no concerns over the fixed price model in Feb / March when the share price was over £4, typical market moves, it was overvalued then and it is undervalued now. As someone who bought in recently at £2.735 I'm sitting on an ugly paper loss however my thoughts haven't changed much, I actually liked parts of the news today and this will now be a long term hold for me rather than a medium term one.

Disappointed but certainly not giving up with Poundland.

[mallorca 9] 19/11/2015 09:36

What a huge overreaction and opportunity.
Thank you.

[philanderer] 19/11/2015 09:35

In fact these two aren`t going to change.

19th nov Peel Hunt 'buy' tp 400p
19th nov Deutsche 'hold' tp 325p

[philanderer] 19/11/2015 09:11

Talk about a pile of cr@p.... anyone`s guess where this rubbish is going.

So let`s see what all the clever people are going to change these to..

16th nov Peel Hunt buy tp 400p
13th nov Jefferies buy tp 400p
9th nov Credit Suisse outperform tp 340p
4th nov JP Morgan overweight tp 350p
19th oct Investec hold tp 300p
18th sept Canaccord hold tp 400p

[salpara111] 19/11/2015 08:19

I have to say that as someone who used to go to poundland about once a fortnight I have now decreased my frequency to about once a month and when I do go into my closest one in London I an consistently annoyed by them being out of stock on certain items I have gone in specifically to get.
The supermarkets have taken the fight to this sector.

[eastbourne1982] 19/11/2015 08:18

Fall seems ridiculous, overall I thought the results were as expected, the volatile trading comment is probably the killer though.

[shakeypremis] 19/11/2015 08:14

Ouch - I am glad I didn't buy in yesterday afternoon!

[bulltradept] 19/11/2015 08:13

Prey for a good Christmas..

[philo124] 19/11/2015 08:10

Breath deeply, slowly.

[shakeypremis] 19/11/2015 07:50

Doesn't look brilliant. Lfl down, profit down. Looks good for the future though.

[philanderer] 18/11/2015 23:16

Sounds like a plan shakey... I`m not holding my breath for anything very positive first thing tomorrow.

[shakeypremis] 18/11/2015 20:47

Mayhaps there'll be a small sell-off tomorrow and I can pick some up a bit cheaper if the results signal good news in the near future.