Quiz Share Discussion Threads

[kirk2] 04/4/2019 13:29

looks like quiz is going to leave the teens behind in the next few days, what a bargain, with no debt.

[hamidahamida] 01/4/2019 21:33

Nice weather bodes well

[jamesto2] 31/3/2019 12:12

A significant shortfall in sales compared to the Board's prior expectations. Furthermore, there has been a requirement to apply higher than anticipated discounts to clear excess stock.
This sounds like management are in denial. When sales fall significantly below forecast, and they have to discount to clear stock, it means they got the fashions wrong. Simple as that. The first step to fixing that problem, is to admit it, which QUIZ doesn't seem to have done .. STRONG SELL

[jamesto2] 31/3/2019 11:41

BOOHOO & PLT WILL BE GIANTS .
QUIZ is a fairly weak brand, and it got the product wrong. That doesn't have anything to do with macro factors, in my opinion. Nobody buys for shops anymore .

[jackson83] 31/3/2019 09:58

So we have the founders of quiz float its company a
& sold shares totalling £90m ouch at float ( Tarak Ramzan & family have not bought any shares 🚩 ) after the 3 profits warning and even more worrying he his set in his way and c
has convinced himself the high street is the way to grow still ??? I can see cash running out before next March . plenty this company are no saying about as its problems are only just beging to surface .. Dilution on the way , divi wil be cut and no details of the plan to cut any stores yet ... Quiz have deep route issues and expect another warning as condition won't improve this year .. Avoid until they close stores or but in under 10p .. Fools gold .. Worth shorting for now

[lbo] 29/3/2019 18:54

https://www.essentialretail.com/features/quiz-board-starts-review/

[hamidahamida] 29/3/2019 11:26

Yump The Sheep Stop following people around But then thats wats SHEEPS do and you have mastered the art of being a SHEEP

[yump] 29/3/2019 11:18

DYOR

This is not an individual stock recommendation forum, although you indulge. I was just replying to your request for a recommendation and judging by the failure of your apparent investments, a tracker might be an idea for you. That still needs a little research on your part of course.

[hamidahamida] 29/3/2019 10:46

Good news on DEB front in any case suppliers will be protected

[hamidahamida] 29/3/2019 10:40

Yump the Sheep so why are you wasting your time going around posting on individual stocks.... chicken would never recommend

[yump] 28/3/2019 09:47

Don't invest in individual stocks, just buy a tracker, you'll do better judging by your posts - unless you have a shed load of 'hidden' winners.

[hamidahamida] 26/3/2019 21:33

Yump The Sheep Any recommendations

[dangersimpson2] 26/3/2019 20:42

The point is - You can't compare a cash balance on 5th January, when retailers will have received the cash from all their owned store/website Christmas sales but not yet paid the bulk of their suppliers, with a cash balance on 5th March when most suppliers will have been paid for Christmas stock, and infer an ongoing rate of cash burn. This shouldn't be hard to understand, just think through the way retailers get paid and pay suppliers.

This means we simply don't know what the ongoing cash burn will be, if any, over the coming months, barring any further significant downturns in trading the cash outflow is highly unlikely to be anywhere near the rate of January & February.

[yump] 26/3/2019 16:27

haha

So is your point that a medium large cash burn after Christmas is better than a large large cash burn at other times. Champers all round !

Seriously, look up sunk cost investment fallacy - you need it.

[lbo] 26/3/2019 16:06

https://seekingalpha.com/article/4251060-incentivizing-executives-adjusted-ebitda-problematic

[hamidahamida] 26/3/2019 14:16

For All the Retailers just after Xmas is the lowest point of the cycle in terms of cash usage If you care to read go and read results of many other retailers they all point to this fact

[hotaimstocks] 26/3/2019 13:51

BARCHART
For those who may be interested in such things.



STRONG SELL

[jamesto2] 26/3/2019 11:16

Quiz had net cash of £8.9m on March 5th down from £12.3m on 5th January ... So they are burning the cash fast at a rate of £3.4m every 2 months ?? they will need more funding.

[highnetworthclub] 26/3/2019 08:03

QUIZ WILL BE BOUGHT OUT BY SOMEONE

[hamidahamida] 26/3/2019 07:55

Offer for DEBs by Mike Ashley

[jackson83] 25/3/2019 22:21

will be updated shortly

[jackson83] 25/3/2019 22:20

will be updated shortly

[hamidahamida] 25/3/2019 15:29

You the Sheep When I first recommended FLX it went from 3p to 9p that's why you have been following me around like a SHEEP ever since