Quiz Share Discussion Threads

[kaka47] 07/3/2019 14:49

Buys reported as sells

[pre] 07/3/2019 14:49

rns extract:

"QUIZ has continued to increase sales online during the Period with Group online revenue increasing by 16.2%", still positive EBITA.....at current share price could be some big stakes being taken judging by the level of buys..we saw what happened at FOOT, as always dyor..

[kaka47] 07/3/2019 14:47

Buyers coming in thick and fast

[kaka47] 07/3/2019 14:47

Good short term recovery target 20p

[lucicavi] 07/3/2019 14:44

Broker

“Management doesn’t seem to have any answers in the short term and it’s hard to see sales growth returning any time soon.”

[woozle1] 07/3/2019 14:32

Barvin, I agree with you and maybe the situation with Debs is so grave they dare not speak about it but it's the elephant in the room. Without some large insider buying, holding these looks too risky for me.
w1

[podgyted] 07/3/2019 14:25

Does anyone still hold this other than as a trading position?

[barvin] 07/3/2019 14:20

Why didn't they kitchen sink it and mention Debenhams situation and forecast of closures at DEBS and even provide a potential write off figure?When DEBS announces its intentions soon, the speculation about Quiz will rear it's head again and further impact the price.

[tomboyb] 07/3/2019 14:17

Market taking no prisoners at the moment -



Like so many retailers, Quiz is battling against a never-ending wave of online competition that has led to severe discounting in a battle to maintain custom. However, Peel Hunt analyst Jonathan Pritchard suspects the company has a more fundamental problem: that its ranges “are not cutting it with shoppers.”

[lucicavi] 07/3/2019 13:39

Shares in retailer Quiz have now fallen by 90% since its IPO
Shares in fast fashion womenswear outfit Quiz (QUIZ:AIM) have collapsed by 52.5% to 15.25p as the omni-channel brand issues yet another profit warning and says it is undertaking a review of the business. Sales disappointed in the final quarter of ...

[bor491] 07/3/2019 13:36

this grabbed my attention when i saw a 50% slide. Then with some research i found that it has a lot of concessions in Debenhams. If Debenhams is seriously struggling to survive with a real risk of insolvency (which would hit Quiz massively) I can see how the market is treating this..

what was your reasoning for getting in guys?

[lukehold] 07/3/2019 13:34

Increased marketing spend on underground advertising

[lucicavi] 07/3/2019 13:16

im waiting for a penny

[horndean eagle] 07/3/2019 13:11

Online is becoming increasingly competitive. So many me too brands out there now with large marketing budgets. That seems to be impacting the level of their online sales growth as well. Stores look like they are probably heading the way of the dodo. They do have the buffer of short leases and chunky overhead where they can cut back. Does really depend on the appetite of the founder to turn it around. Cashed out so big that he probably doesn't care.

[tsmith2] 07/3/2019 12:41

Agreed. ps sent you a pvt message on FFI

[american idiot] 07/3/2019 12:27

Seems a bit harsh todays falls so Ive just dipped a toe in here for a small bounce.

[lbo] 07/3/2019 12:25

How foolish do some people look now!kcr69 - 19 Dec 2018 - 11:14:32 - 420 of 850LBO, I would filter you if you weren't so amusing. Please keep it up. Peel Hunt apparently, like your good self, are having a wee bit of difficulty differentiating between flat and 10% to the upside through October and November.I have to assume, or at least desperately hope, that you have absolutely no understanding or experience of retail. Best wishes all the same

[tomboyb] 07/3/2019 12:19

14.5p -

A few available -

[honestmarty] 07/3/2019 12:12

Bor491
Go and read. A random walk down wall street.
Buy 60% VWRL, 40% VUCP

And stop looking at the stock market.

[bor491] 07/3/2019 12:07

how can a stock price go down so sharply in one day?? Holders here must be pretty devastated - I don't see how you can make money dealing in stocks?

[phowdo] 07/3/2019 12:00

Floated to mug punters (private and institutional) at the IPO.

"Upon Admission, the Company will have a market capitalisation of £200.0 million, following a successful Placing with institutional and private investors of QUIZ Ordinary Shares. Overall the Placing raised £102.7m of gross proceeds at a Placing Price of 161 pence: £92.1 million of gross proceeds for the Selling Shareholders and £10.6 million of gross proceeds for the Company, which will be used to accelerate its continued growth."

[stemis] 07/3/2019 11:30

Wow.

So H2 ebitda forecast is a loss £1.1m compared to a 2018 H2 profit of £7.7m and a deterioration of £3.7m in just 2 months. Cash has also fallen by £3.4m in 2 months. The business is in freefall. Losing money, bleeding cash. Uninvestable.