Quiz Share Discussion Threads

[paulypilot] 17/9/2021 15:49

Note that there has not been any dilution at QUIZ either. It ditched all the loss-making shop leases in June 2020, which transformed the balance sheet, eliminating most of the liabilities. Since then it has operated with net cash, and no need for any equity fundraising. The remaining shops are on turnover rents, with rents roughly halved, so they should be profitable now. QUIZ also has a well-established online operation. With events like weddings now happening again in abundance, demand should be improving, which is QUIZ's niche (special occasionwear).

It's good to see investors finally showing some interest in this share. I bought c.2% of the company when it was in the doldrums, avg 8.6p, so am pleased with progress. Not planning to sell any, this is one to run with I think, as mkt cap still v small.
But that all depends on how trading progresses.
The website has some attractive product on display.

DYOR as usual.

Regards, Paul.

[hotaimstocks] 17/9/2021 15:18

I won't be selling until we see 50p again ... this was above 200p in 2018 .... crazy cheap still.

[fillipe] 17/9/2021 10:15

Coming along very nicely here.

f

[transhoneyqueens] 16/9/2021 16:25

organised clever buying today & then selling out for a profit ... lets hope they get locked out when its above 20p soon.

[deanmatlazin] 16/9/2021 11:50

got a good feeling this should double by October. Fingers crossed.

[come2papa] 16/9/2021 11:08

Just bought 2 lots not reported yet 100000 and 50000

[fillipe] 16/9/2021 09:04

Thanks Tomps2 ... very helpful.

f

[tomps2] 10/9/2021 09:44

Alan Firth ‘slams’ Quiz (QUIZ) in the latest PIWORLD/Stockopedia StockSlam at 1h2m45s

Watch the video here:

Or listen to the podcast here:

[paulypilot] 31/8/2021 21:57

Hi PADDYGANGSTER,

"Certainly when a guy like Paul says quiz should be worth over 40p people should take notice bcz he knows the clothing trade like the back of his hand.
Paul once owned a massive high street Girls fashion chain called PILOT CLOTHING"

You're very kind, but quite a lot of things got lost in translation there!
I was the CFO of Pilot between 1993-2002, so a very long time ago now!

Also, everyone needs to do their own research, I'm certainly not infallible.

Overall though, for the reasons previously outlined, I think QUIZ could be a good recovery share, time will tell.

Regards, Paul.

[homebrewruss] 31/8/2021 10:44

Some interesting web stats for Quiz online via this Twitter mini thread:

[come2papa] 31/8/2021 09:35

Volume building up

[come2papa] 31/8/2021 09:35

WoW this is going to rocket any day One of the very few stocks which has not recovered from last year lockdowns Nobrainer

[paddygangster] 31/8/2021 08:48

Certainly when a guy like Paul says quiz should be worth over 40p people should take notice bcz he knows the clothing trade like the back of his hand.Paul once owned a massive high street Girls fashion chain called PILOT CLOTHING

[paddygangster] 31/8/2021 08:40

MMS are hiding buy trades Well they certainly hiding my buy trade

[paddygangster] 31/8/2021 08:38

My 62719 trade just under 16p has not shown yet Naughty mms

[paddygangster] 31/8/2021 08:36

Just can't see share price staying around 16p for much longer very tightly held stock not much free float

[paddygangster] 31/8/2021 08:34

Trading update due in September Normally they do Tu in early September so not long left Sales must be booming in comparison to last year when shops were closed

[transhoneyqueens] 27/8/2021 21:14

sales must be booming at quiz now .... 25p soon

[deanmatlazin] 05/8/2021 10:34

pauly,

i agree that market cap between 50-60m is a fair value for QUIZ. That's why this has got plenty of legs to run. Still very cheap at this price. I am looking between 40-50p and i hope it will reach there by September when the result is published,

[fillipe] 03/8/2021 11:49

Lowest ask showing - 17p.

f

[paulypilot] 03/8/2021 10:30

Hi deanmatlazin,

Having vacancies for store staff is *not* a good thing!
Although there will inevitably be frictional vacancies, for several stores, as people move on for a variety of reasons.

I've checked Quiz's website that you flagged (thanks for that) and the key people are store managers, there are only 4 vacancies for store managers in the UK, and Quiz has 61 shops in the UK (per trading update of 12 July). That's absolutely fine, 4 out of 61 stores needing a manager, is completely normal, and nothing to worry about.

I'm pleased to see that the recovery potential at Quiz is finally getting some investor attention. I've been buying from June 2020 until recently (average 8.58p), but the recent trading update seemed very encouraging to me. The upside case is, I think, that this could go as high as maybe 40-50p. I'm basing that upside case on 124.2m shares in issue, so £50-62 mkt cap. That could be justified, if the business settles at a post-pandemic run rate of something like this (my guesswork) -
Revenues £80-100m
EBITDA margin say 6%
EBITDA: £5-6m
Multiple of 10 times EBITDA (could be justified if online growth is good)
Valuation £50-60m

As someone else mentioned Sosandar (I also hold) is much more valuable at £76m mkt cap (35p per share), although SOS is growing very fast now, and on track to do c.£27m online only sales this year (more than double last year), and has a much better brand image than Quiz.

Anyway bottom line, I don't know what the upside is, but am not even thinking about selling any Quiz yet, because it still looks cheap.

[deanmatlazin] 03/8/2021 09:39

look at QUIZ website - go under careers. They are recruiting many of store managers / assistant store managers / supervisors. Closing date is 15/8/21. I think the business is doing well.


SOSANDAR revenue £12m with a loss of £3m has market cap of £55m!

QUIZ - Revenue will be quadraple of SOS and current market cap of £20m. Plenty of legs to up in next few months

[hamidahamida] 03/8/2021 08:29

Quiz normally issues trading update in September Looking forward to this Septembers TU. Imo 1st five month revenues should be in the region of 30/35 million. This current year should put quiz back on the path to recovery in profits and cash generation we have already seen cash go up in last TU. Remember... Rents are down by massive 45% All the loss making stores, Gone Demand for occasion wear is at its highest after lockdown and Quizs Niche is occasion wear so expect sharp increase in sales. ... So expect sharp recovery in share price SP currently trading on very heavy discount to sector average..

[transhoneyqueens] 30/7/2021 20:57

excellent update from PS

[glavey] 28/7/2021 14:03

Woooooosh..., and it was gone.