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PLND Poundland

225.00
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Poundland LSE:PLND London Ordinary Share GB00BJ34VB96 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 225.00 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Poundland Share Discussion Threads

Showing 1401 to 1424 of 2475 messages
Chat Pages: Latest  63  62  61  60  59  58  57  56  55  54  53  52  Older
DateSubjectAuthorDiscuss
02/3/2016
13:15
Guardian re new CEO..........

David Mccarthy at HSBC said:

Jim McCarthy’s retirement will be a disappointment, but is not a surprise. The succession plan appears well thought out. Jim will be leaving after the 99p Stores integration is completed in April, and Kevin O’Byrne will benefit from the tailwind of synergy benefits flowing through in the following year or so, while he gets firmly established.

Credit Suisse issued an outperform rating on the shares with a 250p price target and said:

We understand that Jim wanted to retire at 60 and the appointment suggests that search has been underway for some time.

The change in the management comes at a time when the company is going through a period of significant change, and we think this might lead to some near term uncertainty around strategy. Poundland is about halfway through the integration of the 99p estate, but much work remains to integrate back office/supply chain. Key decisions on international strategy (Spain rollout) are pending. The rollout of a new multi-price format is about to kick off, and while the core Poundland offer now includes considerably more conditional multi-price offers, so decisions need to be taken on the acceleration of this transformation as well as steps to address the structural challenges (high street exposure) and the cost base (labour).

Clive Black at house broker Shore Capital said

We shall, naturally, be interested to see how Mr. O’Byrne’s plans for Poundland evolve. The group has been through considerable change recently, which continues apace with the...conversion of the 99p Stores estate. That change, particularly embodying the ridiculous phase II investigation by the Competition & Markets Authority (CMA), to our minds‎, sterling strength until recently against the euro and a tough UK market, burdened by weak high street footfall, has brought some pressure upon Poundland’s P&L in recent times; note: Poundland has not updated on its recent business performance in this update, which leads us to believe that the company still expects to deliver underlying profit within the guidance provided on the 7 January third quarter update.

However, whilst so, we believe that once the company has a single Poundland fascia and platform then a tight management team can press on with energising a high intensity and impulsive business, build out the opportunity in the UK and Ireland, grow online and make a decision on the future in Iberia. All these considerations take place within a business that has a strong balance sheet, noting the leasehold nature of the group.

philanderer
02/3/2016
13:14
Market not excited about the changes in fact it looks pretty depressed about it imo. Better out than in now phil, time to get your gardening gloves on, Good Luck if your hanging in here.
clocktower
02/3/2016
12:41
Likewise PHIL , mine has had a sparkly new refurb . Plenty of customers too.

8 pack of rolling papers, 3 boxes filters , 3 pack of turkish delight and 8 mini tubes superglue £4.00 :-)

philanderer
02/3/2016
11:59
Went to local store this am. Bit untidy. Busy though and rubbing shoulders with the great unwashed keeps one's feet on the ground.
philo124
02/3/2016
11:55
Bit bumpy while the rest of the FTSE 250 trackers sell out.
philanderer
02/3/2016
11:43
2nd march Canaccord buy tp 250p

retains
------------------------------------

Broker Peel Hunt noted that "there may be some concern that the well-regarded FD, Nick Hateley, will be miffed by being passed over, but we understand that by choice he wasn't part of the process", adding that they continue to be "big believers in the story".

philanderer
02/3/2016
09:05
He quit dlku LOL - morning :-D

Short BARC ;-)

philanderer
02/3/2016
07:34
CEO quits


Jim McCarthy quits as Chief Executive Officer

Did he quit or was he pushed?

dlku
01/3/2016
23:29
'Charlie Dimmock is that you? Ground Force star looks unrecognisable as she launches gardening range in Poundland'
philanderer
01/3/2016
18:01
Retail analyst at IGD

Priya Chandarana ‏@Priya_retail 2 hours ago London, England

'We don't sell £1 products, we sell products for £1'. Very impressed with the new £1 @Poundland gardening range

philanderer
01/3/2016
17:17
Late rise by MRO coupled with a final minutes 1p drop for PLND has possibly kicked us out of the FTSE250 by £2 million on the market cap ... very close to call.
philanderer
01/3/2016
13:40
Discount retailer Poundland is upgrading the broadband connectivity across its entire shop estate following its acquisition of 99p Stores.

The chain will be using a managed network solution from Vodat International, and rolling out the update at a rate of 15 stores per week – including the 240 newly acquired 99p Stores. The move will also provide fibre connectivity to support the retailer’s new wholesale management system.

philanderer
01/3/2016
13:29
Cigarette paper between PLND and Melrose (MRO) for demotion a few minutes ago .... about £1m market cap between them £485m / £484m..... Enterprise , 888 and Nostrum are gone.

FT Alphaville:

FTSE 250 constituents that are eligible for potential demotion into the FTSE Small Cap Index are as follows:

Enterprise Inns

888 Holdings is currently eligible to be removed from the FTSE 250, as it does not meet Rule 4.4.3 of the FTSE UK Index Series Ground Rules. The rule states that if a company is not incorporated in the UK, it must meet a number of requirements including a free float greater than 50%.

For the purposes of balancing the potential entry of four constituents in the FTSE 250, two constituents nearest to the 376th threshold will need to potentially move into the FTSE Small Cap Index. As at Monday 29 February this constituent would be Nostrum Oil & Gas and Melrose Industries.

philanderer
01/3/2016
13:15
Poundland ‏@Poundland 3 hours ago

Follow & RT #GardeningWithCharlie for the chance to #WIN 1 of 5 gardening hampers! pic.twitter.com/5PVCKktErg

philanderer
01/3/2016
12:59
Are you sure dlku, you were saying sell at 140p ????

Stopped raining :-D

philanderer
01/3/2016
11:55
looks likeprofit warning here
i wouldnt want these over results

dlku
01/3/2016
11:34
Over 100 people pack Northampton shopping centre... to queue for discount store's opening

Read more:

philanderer
01/3/2016
10:17
Getting very tight again on that FTSE 250 position . By my reckoning just the right side of the cut off line at the moment .. JII and MRO above us now since last friday.
philanderer
01/3/2016
09:46
Will be able to get a few yankee candles in there ct :-)
philanderer
29/2/2016
17:38
Why is the closure in Torquay a shambles red?

Phil,Do you think the new centre at Wigan will be large enough? :-)

clocktower
29/2/2016
17:25
New distribution centre in Wigan under constructuion
philanderer
29/2/2016
17:11
The closure of 99p store in Torquay is a complete shambles. In fact disgraceful. Not a good advert for management.
redartbmud
29/2/2016
13:31
Sports Direct and Aberdeen face FTSE 100 demotion

As reported in the Sunday Telegraph, Sports Direct and Aberdeen Asset Management are facing possible expulsion from the FTSE 100.

Based on Friday's closing prices, the LSE said in a statement this afternoon the pair are set to fall out of the FTSE 100 when the FTSE EMEA Committee reviews the constituents positions on Wednesday.

The LSE said: "The final decision will be announced after market close on Wednesday2 March and made effective after market close on Friday 18 March, i.e. from start of trading on Monday 21 March."

Meanwhile, Paddy Power Betfair and Mediclinic are eligible for entry into the blue chip index.

On the mid-cap index, Nostrum Oil & Gas and Enterprise Inns face relegation.

Paysafe, Mccarthy & Stone, Kaz Minerals and Sofcat may join the FTSE 250 following the review.

Telegraph

philanderer
28/2/2016
18:17
Getting very tight ....PLND about £10 million clear as of friday close. Enterprise Inns seems to have gone.


'The FTSE EMEA Committee will review the constituent positions of the FTSE 100 and FTSE 250 on March 2'

philanderer
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