ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

QUIZ Quiz Plc

4.12
-1.13 (-21.52%)
Last Updated: 08:19:36
Delayed by 15 minutes
Quiz Investors - QUIZ

Quiz Investors - QUIZ

Share Name Share Symbol Market Stock Type
Quiz Plc QUIZ London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-1.13 -21.52% 4.12 08:19:36
Open Price Low Price High Price Close Price Previous Close
5.00 4.10 5.00 5.25
more quote information »
Industry Sector
PERSONAL GOODS

Top Investor Posts

Top Posts
Posted at 16/7/2023 16:56 by darrin1471
Margin will be lower in pure online retailers like ASOS and Boohoo.
Adding wholesale will cut margins (SOS) so you need to start with higher direct online margins.
SDRY and DOC have much higher margins in order to sell wholesale and high street.
I see Quiz somewhere in the middle, which is either a niche or no-man's-land.

I think the mix of online and stores will become fashionable with investors at some point soon when Next and M&S show what is possible with omnichannel. Will the tech be to expensive for a company of Quiz size? I think the tech will filter down through to smaller businesses at a reasonable cost in time.
Posted at 07/7/2023 11:50 by serratia
QUIZ Update from small caps -

Quiz Clothing (QUIZ.L) - Final Results
These are really good results. EPS is given as 1.64p vs 1.65p last year. In the full annual report for last year, they said there were no exceptionals for 2022, after losses from putting their property-lease-holding subsidiary in administration in 2021 in order to renegotiate leases. Stockopedia agrees with the company supplied adjusted EPS for previous years on this occasion. Therefore, assuming no more exceptionals (and 2021 was as exceptional as it gets), the outurn of 1.64p EPS compares with forecasts of 1.3p.

On the outlook, they said in their April update:

Group revenues in the final three months of FY23 were broadly consistent with those generated in the comparable period in FY2019, that being the last period unaffected by coronavirus related factors.

And this is this week’s:

Revenues in the first three months of the current financial year have been broadly consistent on a like-for-like basis with those generated in the comparable period in FY 2019, that being the last period unaffected by coronavirus-related factors.

So we have six months of continuous trading slightly below 2019. Our best bet must be that this will continue. But this is on a like-for-like basis. Today they report 68 stores GB+Ireland plus 67 concessions. In the 2019 annual report, they claimed 78 GB+Ireland stores plus 188 concessions, including 50 in Debenhams. So we understand revenues to be materially lower than in 2019. But, the cost side has been transformed due to the "renegotiated" leases.

The market didn’t like this update. Presumably, this did the damage:

The Group generated revenue of £23.2 million in the three months to 30 June 2023, representing a 15% decrease on the prior year in part reflecting the strong prior year comparatives in the first half as well as the impact of the macroeconomic uncertainty and inflationary pressures on consumer demand.

We had expected the good weather to have helped them more during this period. But then H1 last year was indeed very strong, with EPS of 1.19p.

The other thing that may be worrying investors is the post-period cash movement:

Total liquidity headroom at 4 July 2023 of £7.1 million, being a cash balance of £3.7 million and £3.7 million of undrawn banking facilities less £0.3 million of bank loans

On that, they say:

The cash utilisation since 31 March partially reflects investment in three new stores and the commencement of works to expand our distribution centre.

Note, however, "partially". We must suspect most of the rest has gone into working capital rather than to losses, given the unchanged headroom in the downside scenario in the going-concern statement.

This was confirmed in the IMC presentation, where they said there was £1.5-1.6 capex in the last three months, including £1.3m investment in the distribution centre, but also some build-up of working capital.

The other key learning from the presentation was that, despite the weaker Q1, they expect to match, if not beat, last year's number. With brokers forecasting 1.7p EPS for this year and 2.5p next, this simply looks too cheap, anywhere near the current price, and the market appears to have been wrong to react negatively to these results.
Posted at 05/7/2023 09:39 by millennialinvestor
I think investors was hoping for a dividend.

"be conducted and processes are in place to allow for clear visibility across the Group's supply chain. The Board remains resolutely committed to ensuring the Group's systems, processes and culture are fit for purpose to assure compliance in this area.

Dividends

The Board does not recommend the payment of a final dividend (2022: GBPNil).

The business will remain focused on delivering a sustainable profitable performance, subject to which the Board would anticipate reinstating dividend payments."
Posted at 18/1/2023 08:44 by hamidahamida
MCap 19 million Cash 9.2 million and rising Profitable No debt Broker forecasts GBP2m profit this year, rising to 3.9m and 4.8m over the following two yearsAfter watching investor meet company presentation I reckon the board may declare possible dividend
Posted at 10/10/2022 07:47 by dimknaf
Exactly guys. Can't believe I can still buy it by paying a little more that their net cash position. Seems to be crazily undervalued.

Today at 7pm some value investors we are meeting in London.

We will discuss Quiz and I will share the experience of attending its AGM. Alex, also part of the group will extensively present Zytronic, and has prepared a report that you can find on the page of the meetup.

hxxps://www.meetup.com/quality-value-investing/events/288934590/

You are welcome to com. In that case please RVSP.
Posted at 11/3/2022 10:34 by gilgil13
Does anyone have the Panmure Gordon forecasts for 2022 & 2023 please? I can't find them anywhere

I also can't find an email for Investor Relations, would anyone be able to share with me?

Sorry for the two questions & no value add!
Posted at 06/12/2021 09:20 by jackson83
Paul thank you - I had made loads of mistakes taking profits early and holding onto stocks that only went down .. I made one fatal mistake believing that Lord Alli who seemed take ASOS for a few million to a few billion worth & as he was at KOOVS I ended up putting all eggs in one basket and on reflection now I cat understand why I got obsessed with it & also very unlucky with that company KOOVS . its very hard to accept a mistake and take losses if your head rules you as in my case & equally hard to take profits ... I learnt the hard way... Paul wondering if you hold a small amount of bitcoin or just stocks ? I'm sure longer term this one will bear lots of fruits for all investors & patience needed .. hope wed 8th news puts this on the radar map again & may top up today or tomorrow. would be nice to see QUIZ back to around 50p plus next year
Posted at 02/12/2021 17:18 by hamidahamida
QUIZ presentation on the 8th next week Get registered with investors meet company to watch the presentation and ask questions https://www.investormeetcompany.com
Posted at 18/10/2021 09:04 by paulypilot
millenialinvestor -

Investors talk to company Directors all the time. You don't ask for, and they won't give you, any inside (price sensitive) information. Everyone is fully aware of the rules (apart from you, it seems).

If I need to issue an RNS for a disclosable stake, then I issue it via the London Stock Market's RNS service.
My stake in QUIZ is below the reportable 3% level, hence no RNSs.

Paul.
Posted at 05/10/2021 05:48 by melegramforttongo
No intelligent debate on QUIZ folks .
It’s full of Laurel and Hardy type investors .
Thought I might look up this company and have a crack with some investors , but then I see the quality of investor …. Dear me .
The blind leading the oafs leading the blind

Your Recent History

Delayed Upgrade Clock