Quiz Share Discussion Threads

[gilgil13] 11/3/2022 10:34

Does anyone have the Panmure Gordon forecasts for 2022 & 2023 please? I can't find them anywhere

I also can't find an email for Investor Relations, would anyone be able to share with me?

Sorry for the two questions & no value add!

[boonkoh] 01/3/2022 14:27

Wonder if it has been schroders further reducing their holdings last few days.

[jackson83] 26/2/2022 00:05

boo is lets try again now I bought 20k's worth yesterday at 79p's

if it drops Monday I will just top up ,,

I believe this is a turning point and all the bad news is more than priced in NOW so on the RNS it could well stay static or rise loads lol

be interesting to hear what Paul Scott has to say about boo and quiz / sosandar soon

the tides could be about to turn soon.

[jackson83] 25/2/2022 23:46

boo is lets try again now I bought 20k's worth yesterday at 79p's

if it drops Monday I will just top up ,,

I believe this is a turning point and all the bad news is more than priced in NOW so on the RNS it could well stay static or rise loads lol

be interesting to hear what Paul Scott has to say about boo and quiz / sosandar soon

the tides could be about to turn soon.

[millennialinvestor] 09/2/2022 15:25

thoughts on boo?

[paulypilot] 15/1/2022 18:34

Encouraging Xmas trading update. Note that the drop in online sales is due to reduction in third party online sales. That might be Debenhams possibly? Hopefully this business might resume under Boohoo's ownership & relaunch of Debenhams.com as an online only dept store, which is work in progress.

The Xmas update says QUIZ's own website sales were about flat. I'd like to see growth resuming, but remember that customers are going back to the stores now, so strong growth there, and back to pre-covid level of sales. But much lower rents (halved, and based on turnover, so flexible).

Remember that results for FY 3/2022 will be somewhat depressed by restrictions on social events in months 1 & 2. If we really are now past covid restrictions, then the new year, FY 3/2023 should look much better - Panmures are forecasting a move back into profit, and raised estimates in Dec 2021.

£6m cash is very healthy, with unused bank facilities. Balance sheet overall is excellent by my assessment.

QUIZ's niche of special occasionwear should now enjoy a c.2 year rebound, with so many parties, weddings, other events cancelled or delayed. So it's now in a sweet spot, with a restructured store portfolio (pre-pack admin in mid 2020 ditched the onerous leases), experienced mgt, and much less physical competition.

It's panning out rather well, and exactly as I hoped. So far, so good.

Regards, Paul.

[millennialinvestor] 14/1/2022 12:38

subject to tax of course.

[useless23] 14/1/2022 12:11

So I could buy quiz for 20m and it will make me 3m in cash a year. Sounds like a good deal to me

[useless23] 14/1/2022 12:07

Quiz is 3m better off than a year ago

[useless23] 14/1/2022 12:05

14 jan 2022 they have net cash of 6m

[useless23] 14/1/2022 12:05

25 jan 2021, they had net cash of 3m

[stemis] 14/1/2022 10:20

Net cash in July was 2.7m, its now 8.9m. Wow

Net cash was £6m and almost certainly matched by a corresponding increase in creditors, since there is little chance that Quiz has been trading profitably. However, how are they unable to deliver any online growth ?

[boonkoh] 14/1/2022 08:27

Seasonality at play

[useless23] 14/1/2022 08:09

Net cash in July was 2.7m, its now 8.9m. Wow

[useless23] 14/1/2022 08:02

Market cap of 19.5m, cash of 6m

[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