Quiz Share Discussion Threads

[sagar424] 21/12/2021 00:35

Omicron could hurt quiz in the short-medium term but quiz is here to stay and fly high in the long run. It all depends on how omicron plays out now and what price you get in at.

[sagar424] 21/12/2021 00:31

. . . Money in the bank, rent renegotiated to basically run parallel with lockdown restriction. Sales returning to pre covid levels. A spokesperson for quiz described it as "This fast, flexible supply chain, together with the winning formula of style, quality, value and speed-to-market has enabled QUIZ to grow rapidly into an international brand with standalone stores, concessions, franchise stores, wholesale partners and international online partners in 20 countries" okay it's not exactly boohoo but I'm sure they want to be and are trying. They are focusing more on online but not abandoning profit making stores, diversifying product range but not forgetting what they are know. For (occasionwear)

[sagar424] 21/12/2021 00:26

Quiz is currently my biggest holding and here's why: quiz have always been known for occasion-wear but are now diversify abit, they now stock more casual, day to day clothing, even gym/fitness clothing and loungewear, and it looks quite good. Don't forget their menswear too, it's abit rubbish at the moment, abit like burtons but probably worse. But this will get better over time. Their social media marketing is definitely working, followers are increasing, content is much better, engagement getting better. Their website is far better than before, everything from their models to their photoshoots are a lot better than before. Product range getting larger. Opened a new store last month. . . .

[sagar424] 20/12/2021 22:33

Quiz opened a new store in craigavon last month...

[paulypilot] 17/12/2021 13:20

Sosandar (I hold) have always said that the peak Xmas selling season for womenswear is Oct & Nov. Therefore the same should be true for QUIZ - i.e. the key partywear season should be in the bag by now. Therefore, I don't see omicron as likely to do any serious damage to revenues/profit.

I've been carefully following the omicron situation in South Africa, and in many ways it's very positive - hospitalisations are only a small fraction of the same phase for delta. Demographics differ to the UK, so no guarantee it will also be mild here, we'll have to wait and see.
A highly contagious, but relatively mild strain (which is what omicron seems to be in S.Africa, where it is now 98% dominant strain) could be the end of this pandemic. Apparently cases are already peaking, after 3-4 weeks in S.Africa. Which if repeated here, could mean a massive surge (they reckon to 1m cases per day) here in the next few weeks, then a rapid decline in mid to late January.

Nobody knows, but the upside case is that the whole pandemic could be effectively over quite soon, which would trigger a wonderful bull market in hospitality, retail, travel shares.

If so, then the outlook for QUIZ could be very positive. And it's still cheap as chips, so who knows?

Regards, Paul.

[hamidahamida] 16/12/2021 09:56

Everyone was expecting good Xmas but omicron has altered everything. I can now imagine boohoo having a massive sale on to get rid of the Xmas stock which means everyone else would do the same which means margins would be under attack

[millennialinvestor] 16/12/2021 09:54

lol you can see my buy of 90 shares on the trades screen!

[hamidahamida] 16/12/2021 08:02

Boohoo warning is really bad for the sector They are blaming due to high returns it's bczXmas parties are getting cancelled all over uk

[hamidahamida] 16/12/2021 07:49

Profit warning from Boohoothey are blaming it on omicron

[hamidahamida] 15/12/2021 10:22

Omicron has really put a spanner in if lockdowns are announced it is going to effect the recovery in a big way already parties are being cancelled all over Britain Directors were worried about this scenario and warned. Watching from the sidelines now

[kaka47] 08/12/2021 13:23

At this rate full year revenue should be over 72 million Full year should generate around 7 million cash

[kaka47] 08/12/2021 13:20

Margins up from 51% to 57%

[kaka47] 08/12/2021 13:19

Mcap just 20 million 6 month Revenue up 108% to 36 million Generated 3.4 million cash in 6 months Cash Balances on 7th December 20214.6 million Seriously underrated company

[kaka47] 08/12/2021 10:47

Hi Paul Would love read your full note on today's results thanks

[millennialinvestor] 08/12/2021 10:39

Jackson you have been bashing boohoo warning of poor profits...

[paulypilot] 08/12/2021 10:29

All good, Im very happy with everything

[kaka47] 08/12/2021 10:06

So far Not seen any significant impact from omicron virus

[jackson83] 08/12/2021 10:02

I had a top up ... hope Paul Scott posts his expert take at some point ..
reason I bought more is that I believe its very undervalued & I can see a bid by perhaps boohoo if it stays below 40m market cap ... QUIZ would be perfect for boohoo / makes sense to me as boohoo have had a torid time of late and need more growth / bolt ones .. would be great for boohoo and also great for us in quiz .. POSSIBLE bidding war ... even if QUIZ reject an offer at some point it will strengthen the share price IMO ... ITS UNDERVALUED now & I will continue to top up as and when possible

[hamidahamida] 08/12/2021 08:08

Very illiquid tightly held stockManagement owns over 50%

[drdre] 08/12/2021 07:57

On first glance, very encouraging. Note about possible effect of Omicron but that is to be expected. Generating cash, Strong online growth with a 43% increase in sales through QUIZ's own website and a 27% uplift in total online sales. All seems to be heading the right direction.

[kaka47] 08/12/2021 07:55

Cash up 2.7 million since March 2021

[hamidahamida] 08/12/2021 07:51

Group revenue increased 109% period on period further to the removal of social restrictions increasing demand for occasion and dressy products and a period on period reduction in the amount of time stores and concessions were closed -- Higher level of full price sales and reduced discounting resulted in the gross margin increasing to 57.5% from 51.7% in H1 2021 -- The rise in operating costs, being distribution and administrative costs, was restricted to 22% as the increased revenues leveraged off the existing infrastructure -- Underlying EBITDA profit of GBP0.7 million (H1 2021: loss of GBP3.3 million) -- Operating cash flows of GBP3.4 million (H1 2021: GBP0.4 million) -- Total liquidity headroom at 30 September 2021 of GBP6.6 million, being cash net of borrowings of GBP4.2 million and GBP2.2 million of unutilised bank facilities (31 March 2021: GBP2.4 million, being cash net of borrowings of GBP1.5 million and GBP0.9 million of unutilised bank facilities) Operational highlights: -- Strong online growth with a 43% increase in sales through QUIZ's own website and a 27% uplift in total online sales -- Active customers increase 30% on the prior financial year in line with demand for QUIZ's core occasion wear offering -- Benefit of store restructuring undertaken in the previous year reflected in positive contribution from stores in the Period -- Group's store estate comprised 61 stores in the United Kingdom and five in the Republic of Ireland at the end of the Period, with two more opening in the United Kingdom subsequently -- Recovery in International revenues with a 160% increase period on period Outlook and current trading: -- Revenues in the two months to 30 November 2021 up 108% on the prior year and consistent with levels generated prior to the COVID-19 disruption on like-for-like basis -- Potential for sales in key trading month of December to be impacted if concerns over the Omicron variant suppress demand -- Total liquidity headroom at 7 December 2021of GBP7.1 million, being cash net of borrowings of GBP4.6 million and GBP2.5 million of undrawn banking facilities -- Confident Group can return to profitability in a trading environment not significantly impacted by COVID-19 restrictions and deliver long-term sustainable and profitable growth

[kaka47] 08/12/2021 07:49

#QUIZ Mcap £22milExcellent set of results future is looking really good1st half Rev £36m up 109%Profitable Generating cash Cash Balances £4.2m 2nd half started well Rev up 108%#QuizClothing