Poundland Share Discussion Threads

[philanderer] 28/6/2016 14:31

They`re still in the market today..

60k @ 196.9111p NT trade just printed with the offer @ 195.25p

[maloneyt] 28/6/2016 12:21

They certainly are keeping it down ?? every time it goes up a little, back it goes !! good work for stainhoff !!

[she-ra] 28/6/2016 11:48

Who do these brokers work for?

[aim999] 28/6/2016 10:57

Looks like he is having a dabble today

[abcd1234] 28/6/2016 10:46

Steinhoff picked up another 700,000 at 190p

[philanderer] 28/6/2016 08:58

Peel Hunt retains 'buy' and cuts target from 300p to 250p.

Citigroup cuts from 'buy' to 'neutral'

[she-ra] 27/6/2016 18:00

If there is such a thing as a safe haven in retail during times of financial crisis it is budget retailers. It is basic economics that the necessities people need to live on - food, cleaning products etc are inelastic goods. Demand for luxury goods wane when unemployment levels rise.

Poundland is in a prime position along with Aldi, Lidl, B&M, Home Bargain and Poundstretcher to benefit from this new economic uncertainty.

I would be suspicious if the BOD accepted a low offer instead of telling Steinhoff just to F Off.

[she-ra] 27/6/2016 16:57

lefrene - Most retailers import cheap tat from cheap producer countries.

"But yes when times are hard more people do go to low end stores, so that might help balance it out for poundland."

It will do more than balance it out.

[lefrene] 27/6/2016 16:38

she-ra, if your price point is £1, and you import most of your tat from cheap producer countries, then a weak pound is going to cush your margins. Yes you can reduce the amount of the product and disguise that reduction with packaging, but people do notice. But yes when times are hard more people do go to low end stores, so that might help balance it out for poundland.

[geoff0458] 27/6/2016 15:28

250p bargain :)

[maloneyt] 27/6/2016 15:26

Why not 235p ??

[she-ra] 27/6/2016 15:21

lefrene - You obviously don't know how these retailers deal with inflation. They reduce the amount in the item.All retailers will have to deal with the falling pound but the Aldi, Lidls, Poundlands etc of this world do more business.

[lefrene] 27/6/2016 15:18

As p@ says, the £ will be buying less landfill from China, and in a £1 shop the margin are often very thin already.

[she-ra] 27/6/2016 15:17

Yes especially when Poundland along with B&M, Home Bargain, Poundstretcher et al will do very nicely out of a recession.

[philanderer] 27/6/2016 15:09

Anyone going to say no to 225p ? ;-)

[maloneyt] 27/6/2016 14:53

considering the present value of the pound in the foreign exchange. They are buying a bargain imo

[she-ra] 27/6/2016 12:17

There was radio silence from the Daily Mail the day Steinhoff announced they were interested in making an offer for Poundland. Nothing in their market report. Why?????????????????????????????????????????????????????????????????????

[aim999] 27/6/2016 12:17

Looks like he is picking up a bargain while the price is hit

[briannewby] 27/6/2016 11:54

Steinhoff purchase 1.2m shares RNS

[philanderer] 27/6/2016 11:53

Investec were in the market for Steinhoff on friday and it looks like they`re back in again.

[mercer95] 27/6/2016 11:51

Why the spike up ?

[p@] 27/6/2016 08:14

How much less goods will we be able to buy from china with the pound falling daily.Steinhoff would be mad to buy now.