Quiz Share Discussion Threads

[tomboyb] 11/1/2019 08:07

24p -

opportunity here -

Its already been hit significantly -

[tomboyb] 11/1/2019 07:55

Marked down heavily at 27-25p rev auction -

[w1ndjammer] 11/1/2019 07:54

looks like they are clearing the decks, i will be in for some if this drops.

WJ.

[elsa7878] 11/1/2019 07:50

Monty: 400k - well documented. What will the cash hit be when Debenhams goes under....

[montyhedge] 11/1/2019 07:48

Seems a big hit from HOF have I read that right.

[orinocor] 11/1/2019 07:43

A new one. Full year EBITDA forecast to be 30% lower than was forecast 3 months ago!

[spob] 11/1/2019 07:41

is this a new profit warning or an old one

[kirmich] 11/1/2019 07:37

discojames,

i should have spelled it out more, given the absolute beating the share price has taken, we are with a company growing revenue, ebitda positive to the tune of 8,2 million expected, with a cash balance of 12 million, even the stores are growing, not just online and that for a marketcap of 44 million.

hence my comment regarding up today

[elsa7878] 11/1/2019 07:36

Revenue 133m from 139m predicted in October. Ebitda 8.2m from 11.5m - that is a big drop.

£8.2 million ebitda - 400k (HOF) = £7.8 million.

Previous year's conversion from ebitda to pre-tax profit was 75%. Means £5.85 million pre-tax or £4.7 million post-tax.

124 million shares = 3.7p EPS (and 10p a share in cash).

8 times PE plus cash = 40p share.

With Debenhams uncertainty and a worsening outlook it's hard to value it higher, though the improving online trend is encouraging. HINT - so stop opening stores!

[lukehold] 11/1/2019 07:28

This has been accounted for with the 77% drop in share price from September. This should move up to the 50p range

[discojames] 11/1/2019 07:24

Looks troubling to me, a reduction in EBITDA is never "up"

[s34icknote] 11/1/2019 07:23

Fifty percent online growth !Not bad Sicknote

[tomboyb] 11/1/2019 07:21

Lets see what the market makes of it -

[kirmich] 11/1/2019 07:16

This can’t be bad? Less growth, but still growth. You never know in today’s markets but up today?

[kcr69] 11/1/2019 01:34

elsa7878, Can't and won't try to debate your experience in Debenhams Basingstoke, if anything, it only adds fuel to the educated view that revenue from concessions in Debenhams is fast becoming of lesser and lesser importance to overall Quiz group performance.

Irrelevant of your persuasion however, website tracking sites need to be taken with a large pinch of salt, particularly where data subsets are so small.

You will have noted from your analysis that the UK make up circa 80% of the 'visit' data and has been recorded as basically being level (-0.47%). This as such suggests that only 132,000 visits have been recorded from the rest of the world at a month on month rate of -63%. A little questionable even for those of unbridled bear persuasion.

Tiny data set that would be influenced by a handful of teenager tea parties. Large pinch of salt required when looking at any website traffic data with small datasets.

[elsa7878] 10/1/2019 20:46

Ted Baker and Joules beat too and their analytics figures were up.....
Superdry's figure is up over 20% in December..perhaps why the share price has risen 50% in that time....
Might be a good site to keep an eye on.

[elsa7878] 10/1/2019 20:39

Thanks Rawnsley. I have been watching so thought a visit was in order. Was going to go to Reading and Swindon too but lost interest after the first one. Interestingly no staff member on the stand... I wanted to gleam any trading news but no one showed up, so left after 5 minutes.
Interesting. Asos warned and Sosander beat expectations (from a very low base)....Hear from Boohoo on the 15th.

[barvin] 10/1/2019 20:37

Wouldn't surprise me if QUIZ have already planned the withdrawal of concessions or demanding up front payment for stock from Debs. Why would they provide stock on credit with the situation Debs is in?If Ashley gets hold of Debs, Quiz will no longer be in Debs going forward - I say that with great confidence due to the relationship between him and Cowgill (Chairman of QUIZ and CEO of JD Sports)

[rawnsley] 10/1/2019 20:34

Elsa, thank you for the information.

I checked a few competitors also on the web analytics;

Asos - down 6%
Boohoo - down - 10%
Sosandar - up 19%

The web traffic doesn't concern me too much, as these are all high growth companies with similarly poor data

[elsa7878] 10/1/2019 20:21

Not sure what to make of this. Went to Debenhams in Basingstoke today to see the Quiz concession.
Impression: Debenhams is dire, what appalling brands and completely empty store - not surprisingly.
Quiz had a concession by the cafe downstairs. 2 racks of sale clothes. Far more than any other concession. 1 person had a look around for about 30 seconds when I was there. New range on the racks were awful....
On the face of it this cheap, but 100 plus Debenhams concessions, a lot of unsold sale stock and a pretty sire, though admittedly limited new stock range did not inspire confidence.
I have been tempted to buy, hence my visit, but will not now.
I await the trading statement with interest.
Traffic analytics shows a 14% drop in traffic on their website in December. Can't be a good sign...

[kaka47] 10/1/2019 10:19

Quiz PR is Really Poor Management needs to learn to engage with investors

[lukehold] 10/1/2019 09:47

It's a blessing, will allow quiz to focus on online and social sales. This is the future for disposable fashion

[kcr69] 10/1/2019 09:16

Spob, you are starting to get a little silly and making yourself look very foolish.

The facts are the facts as you say and those facts are that concessions in Debenhams do not account for any more than circa 14% of Quiz revenue and Profit irrelevant of whether the proportion of units in Debenhams is circa 70% or 80% of the total estate.

If you could be bothered to look at the admissions document and work through segmental performance thereafter you may have the good grace to correct yourself and possibly even thank me. In the meantime, and to be blunt, stop posting b*llocks!

Nothing personal obviously.

[spob] 10/1/2019 09:00

It has a huge bearing if the MAJORITY of your stores are Debenhams and House of Fraser concessions and a huge chunk of your profits comes from those very stores.

You don't need a degree in forensic accounting to foresee the effect on Quiz if Debs went bust.

The facts are the facts - don't get upset with me, if you can't face them

and don't take it personally