Quiz Share Discussion Threads

[kaka47] 17/12/2018 19:10

M Cap 34milLess 12.5mil cash M cap less cash 21.5milRevised profit E 11.5 Million Dividend yield 5%

[robizm] 17/12/2018 18:58

They announced a trading update on 27 Nov 2018 for sales up to 18 Nov 2018. Check the results presentation

[onjohn] 17/12/2018 18:53

Quiz need to issue profit warning

[robizm] 17/12/2018 16:38

They did a presentation on 27 November 2018 and said trading up until 18th Nov was 32% ahead of last year. They have not had a bad Nov like ASOS. Debenhams is a risk.

[barvin] 17/12/2018 14:29

People are underestimating the Debenhams exposure. That being:

1) How much is owed? I conservatively forecast £4m of stock in the 110 Debenhams concessions.
2) Debenhams Concession makes up 110 stores of the 214 UK Stores. So an estimate of £20-25m turnover coming from the Debs concessions that may be lost if Mike Ashley or the like take it on.

So a potential hit from Debenhams on the money still owed, loss of ongoing revenue from Debenhams and drop in retail and online sales needs to be factored in.

How close is Debenhams to going to the wall, I think it will be in major trouble within 3 months. It cannot survive this climate on its razor-thin margins and will now be loss-making, perhaps on a big scale excluding any supplier issues that may arise as well.

At 15p-20p this will be worth a punt, any higher or until we know the full picture at Debs and Xmas sales it is worth holding off imo.

[kaka47] 17/12/2018 12:59

Quiz need to issue some sort of update to reassure the market after asos warning

[kaka47] 17/12/2018 12:54

Email [e-mail] them to forward your email toTarak Ramzan and Haris Ramzan Quiz telephone ?0141 569 1544?I have asked them to issue trading update like boohoo and reassure the market

[hugepants] 17/12/2018 12:37

A collapse in profits at this outfit is already factored in to a large degree. Strong balance sheet with £12.5M cash and networking capital £21M. Market cap £35M

[barvin] 17/12/2018 12:23

I have kept an eye on this, not bad value. But I agree, wait until there is more blood in retail.

Add in falling retail and online, plus a potential big write-off due to Debenhams going bust. I would defo wait till general retail January trading updates and perhaps till Debenhams goes pop, that I reckon will happen in a month or two. Then see what the consequences are for Quiz - only then can we make a fair assessment imo.

Just look at the supplier list for Womenswear for Debenhams below. Quiz is one of the biggest suppliers, so not only is it how much they are owned. It is will the "New" Debenhams (Mike Ashley?) continue with Quiz, therefore a potential long-term drop in revenue? Considering HOF stocks appear to be remnants from their website. I would say no.

[onjohn] 17/12/2018 11:57

RACE TO ZERO

[podgyted] 17/12/2018 10:31

Taken a specualtive stake this morning - will probably regret - however the company's presentation (post Black Friday on 27th November) gives some confidence:-

"• Performance of QUIZ websites and standalone stores confirms brand appeal
• Sales growth in last eight weeks of 10% (excludes franchise sales)
• QUIZ web sales increased by 62%
• Stores and concessions in line with expectations in October
• Widely reported slow down in spend across November reflected in QUIZ sales
• QUIZ remains one of the top performing brands amongst third-parties
• Positive reaction to Black Friday sale period and current stock package moving into key Christmas period
• Group well positioned to deliver long-term profitable growth "

SP pretty bombed-out but the one thing I have learned, they can always fall further.

[kaka47] 17/12/2018 09:57

No reassure from Quiz means they are struggling to make the numbers so fully expecting something nasty on the horizon Soon

[kaka47] 17/12/2018 08:39

Hello QUIZ Are you going to reassure the market

[hamidahamida] 17/12/2018 08:28

Severe competitor pressure on high street and online will Now reduce margins

[spectoacc] 17/12/2018 08:19

BOO trade closed.

QUIZ certainly seems to be pricing in another warning - or two.

[hamidahamida] 17/12/2018 08:13

Weak ones like QUIZ will get hit really bad this XMas if likes of ASOS are struggling

[hamidahamida] 17/12/2018 08:12

ASOS just announced profit warning

[hamidahamida] 16/12/2018 19:05

70% of Quiz business comes from High street so second Profit warning might be on the cards https://www.aol.co.uk/news/2018/12/15/shoppers-stay-away-from-high-street-in-peak-trading-weekend-befo/?guccounter=1

[hootza616] 14/12/2018 13:57

Still not at the bottom it seems!

[kaka47] 14/12/2018 09:00

Directors of Quiz are useless profit warning in first year of listing PR team needs to change

[kaka47] 14/12/2018 08:57

Only time will tell but it seems like a lot of bad news is priced in