Poundland Share Discussion Threads

[ny boy] 30/3/2016 23:26

Can't see these staying this high for long, price target 99p. Slippery slope from 400p to when the final shutters go down.

[philanderer] 30/3/2016 23:26

LOL nurdin ... just walking through to get to the food area :-)

[redartbmud] 30/3/2016 22:39

All retailer appear to have similar problems. M&S ladies dept appear to have a Rubbish Rail, rather than a bargain rail and clothes are abandoned in heaps on the floor for days on end. They aren't replaced on hangers when they fall off. Don't they clean anymore?

[nurdin] 30/3/2016 21:13

What were you doing in the women clothes dept? :o))

[philanderer] 30/3/2016 20:37

Agree PHIL , high street not what it once was. I was in M&Spencer this afternoon , womens clothing department totally empty apart from a few bargain hunters rummaging through a 60% discount rail - I hold MKS as well :-O

[philo124] 30/3/2016 18:52

phil, I've got a bad feeling about this stock now. I use shaving gel, pland often dont have it. Found some in Aldi, it's lovely, cost...59p.
Home Bargains better shop, but unquoted. I was in Taunton today, the high st. Is
pretty decimated.

[philanderer] 30/3/2016 17:31

Another 1 million traded today.

[philanderer] 30/3/2016 16:20

Poundland UK and Ireland stores go contactless...

More than a quarter of all card payments made in its stores are now contactless

(The Grocer)

[paleje] 30/3/2016 14:55

Thanks philanderer, so Jefferies is lowest by far.........if that's the worst and we're almost there, and bearing in mind shares hardly ever hit analyst predictions, I'd say risk is strongly to the upside from here.

[philanderer] 30/3/2016 14:23

Hadn`t seen the note , thanks nurdin . Here`s the brokers since the new CEO announcement..

30th march Jefferies underperform tp 135p
24th march Citigroup buy -
18th march HSBC buy tp 290p
8th march JP Morgan overweight tp 300p
4th march Investec hold tp 200p
2nd march Canaccord buy tp 250p
2nd march Credit Suisse outperform tp 250p

2nd march +++ new CEO +++

[nurdin] 30/3/2016 14:20

This is what SCSW had to say in their tip last month.Sorry if this has been posted before;

'Canaccord forecasts pretax profit slipping from £43.7m to £29m in the year to end March. But the integration of 99p Stores is said to be on track and most of the 99p Stores will be converted by the end of April (at a rate of 15 per week). Negotiations with suppliers is taking place also and management recently reiterated their expectation of “at least £25m incremental profit” from synergies. Based on this, Canaccord’s forecast is £51m pretax/eps 14.8p in the year starting 1 April, with £62.5m/18.4p next year. Buy.'

Dont think Canaccord have changed their stance!

[philanderer] 30/3/2016 13:57

Might be a good idea, the shops may well have disappeared by then, the way things are going ;-)

[nurdin] 30/3/2016 13:53

Poundland customers will probably start stocking up for xmas about now :o)

[philanderer] 30/3/2016 13:42

:-D

Harry WallopVerified account ‏@hwallop Mar 28

Forget trying to shift unsold Easter eggs. @Poundland is still trying to get rid of its Christmas stock

[philanderer] 30/3/2016 13:24

Relentless dumping .. 1 million traded yesterday .... 600,000 so far today.

[philanderer] 30/3/2016 11:56

or....


28th march

In for a pound

Meanwhile, Poundland(LSE: PLND) also has scope to double in value.
Although disposable incomes in the UK are rising in real terms, 'pound shops'
look set to remain a feature of UK shopping habits.

This is reflected in Poundland's forecasts for the next two years, with the company expected to record a rise in net profit of 55% in the next financial year and a further rise of 20% in the following year.

If Poundland maintains its current P/E ratio of 17.7 then this earnings growth would be enough to push its shares higher by 86%. And with there being the scope for further expansion and profit growth over the following years, Poundland's share price could at least double, while its dividend also has scope to rise and make its current yield of 3.3% even more appealing.

[paleje] 30/3/2016 09:50

I think Kevin O'Byrne's statement, as CWA1 puts it, is valid. He's seen more than us, he already knew when he took the job on, he's highly experienced but new to this co, he didn't have to do what he did at all....it wasn't like long time BOD's making gestures after they've screwed up, it was very positive imo and the current share price dip is an opportunity and sod Brexit and American investor sentiment:)

[salpara111] 30/3/2016 09:14

What they should be able to say is how the converted stores are performing.
If they are doing better under the Poundland brand that is a big plus.
There are two critical things for me.
Is LFL improving across the estate.
How is the pilot for items over £1 going as this is probably one of the few ways they will be able to raise margins.
IF they can demonstrate that the tide has turned this will be back in the £2.20 area pretty quickly.

[cwa1] 30/3/2016 07:17

Statement of intent?

Poundland Group plc

Poundland Group plc (the Company) announces that, following the announcement of his appointment as CEO designate, on 2 March 2016 Kevin O'Byrne acquired 321,107 shares of 1p each in the capital of the Company at an average price of 179p per share (including 6,888 shares acquired in the name of his wife, Elaine Penman O'Byrne).

Kevin O'Byrne's holding (including that of his connected persons) now stands at 340,000 shares in the company representing 0.13% of the issued share capital

[redartbmud] 29/3/2016 21:48

I suspect that it may not be that good. The disruption caused by the integration of 99p stores may have been costly in the short term. Fierce competition in retailing is another factor to be taken into account.

[paleje] 29/3/2016 09:23

14 April next update, not long to wait.

[salpara111] 29/3/2016 09:06

Still watching and waiting.
The next market update will be crucial in terms of setting the share price direction.
It is clear that high street footfall is struggling across the board so any gains are going to be hard won.