Quiz Share Discussion Threads

[newtothisgame3] 12/4/2019 05:34

#Quiz keeps eye on #Debenhams as sales show progress #DEB

[lukehold] 12/4/2019 00:28

Er... only 20m over the past 3 years. Which isn't much as you say, just like the mkt cap

[stemis] 11/4/2019 23:19

Er...Quiz aren't really making any profits at the moment

[lukehold] 11/4/2019 22:17

Not holding for a take over. A take over would just return the price to a sensible amount sooner than what is inevitable anyway.

[lukehold] 11/4/2019 22:15

1.5% turn over, but would be a 50% increase in ASOS profits for the year.. who reported 4m for last 6months... would take on a better digital team, better buyers and marketing team too by the looks of their product and reviews

[stemis] 11/4/2019 18:18

Why would ASOS want to buy QUIZ just to get an additional 1.5% of online turnover and also have to take on a load of high street presence that they don't already have?

[kirk2] 11/4/2019 16:23

last chance big mark up tomorrow

[pre] 11/4/2019 16:17

Wonder howmuch ASOS or BOO would be prepared to pay here as Quiz PE ratio is tiny compared to ASOS & the likes of BOO:

Lukehold 7 Apr '19 - 15:14 - 1043 of 1073
0 2 0
Asos p/e 32, Boo p/e 68, Quiz p/e 3

[kirk2] 11/4/2019 15:33

WHEN THE HERD ARRIVE YOU WILL NOT GET 1 SHARE

[kirk2] 11/4/2019 15:32

BID WILL BE ON THE CARDS VERY SOON, 50P MINIMUM, FILL YER BOOTS.

[wskill] 11/4/2019 15:22

Paul Scott has a write up on stockopedia on Quiz.

[dangersimpson2] 11/4/2019 14:51

Yes, for concessions plus web. I reckon split 65/35.

[stemis] 11/4/2019 14:29

So DEBs related turnover disclosed as £30m.

[mister md] 11/4/2019 13:51

looking strong on back of better than expected trading update

[kirk2] 11/4/2019 13:34

NO FREE LOAT OF ANY VOL, THIS IS THE START OF THE RERATING BABK TO 50P, REMEMBER NO DEBT, PROFITABLE BUSINESS, AND DEBS SAVED, THE RIGHT RESULT.

[dredger] 11/4/2019 13:31

Why the big spread, guys? Around 10-15%? What is this likely to indicate? Cheers

[gspanner] 11/4/2019 13:19

Well Kirk, have to hand it to you, looks like the mob have woken up to the valuation here...

[kirk2] 11/4/2019 12:44

HERE WE GO BOOM

[dangersimpson2] 11/4/2019 11:09

Extremely surprised at concessions in Debenhams remaining above 20% of total revenue, guess without sight of the corresponding profit numbers difficult to determine the scale of risk associated with this channel.

23% is concessions plus Debs website. I expect £18-20m of that is debs concessions and the remaining £10-12m website sales (119 concessions x £150-170k = £17.8-20.2m).

Does show how important it was for Quiz that Debs was sold as a trading subsidiary to bondholders and didn't end up in insolvency, or in the hands of Mike Ashley. Losing c£4m of concession revenue due to medium-term store closures is fairly negligible. Quickly losing £12m of high margin web sales would have been a different matter.

Re: cash position, they should have been paid Christmas concessions and web at the end of February I think, but there is always a chance that they agreed an extension but would have thought they would have been keen to get their hands on the cash given everything happening.

[kirk2] 11/4/2019 08:26

SO UNDER THE RADAR, SO CHEAP, BARGAIN OF THE YEAR, ABOUT TO POP TO 20P

[kcr69] 11/4/2019 08:22

Possibly intentionally hamidahamida, may still be awaiting all or a chunk of payment from a 23% to turnover customer who has had a few financial issues recently....without naming and shaming stating a cash figure may have given a false impression of true financial health.....just a thought given top line numbers don't suggest any reason as to why cash should have dropped considerably from interims.

[hamidahamida] 11/4/2019 08:08

No mention of cash position

[kcr69] 11/4/2019 07:29

Revenue £2m better than I had pencilled in following last update, Q4 held up well and decreasing growth apparently addressed.

Extremely surprised at concessions in Debenhams remaining above 20% of total revenue, guess without sight of the corresponding profit numbers difficult to determine the scale of risk associated with this channel.

A far more positive update however I personally think it will take continued progress through H1 2019 before any serious re-rate can be considered. Undervalued definitely, but solid proof of back on the right track required by the market.

[lukehold] 11/4/2019 07:08

58% growth online, rest inline with previous update

[lukehold] 11/4/2019 07:07

Business as usual, this will be back up in no time at all