Superdry Share Discussion Threads

[davethehorse] 06/10/2020 16:00

Lost most of today's gains, weird share this one but suppose heading the right way trend wise

[tomv33] 06/10/2020 14:33

I got in about 160

[tomv33] 06/10/2020 14:32

About a week ago

[nw99] 06/10/2020 14:29

Did you buy

[under the radar] 06/10/2020 14:18

BOR breaking out of triangle now and it’s up 19.7%

465mb of light sweet crude
No debt
Own 100% of acreage
BOD have skin in the game
Quick payback time
Under $35 a barrel costs
Could be a oil rim below Darwin
$2.5m enough to last 2 years
Mkt cap £3m
Potential 1mb total sourounding Darwin
Huge prospects on our acreage
Fairway play

Great news today about PMO merger for all Falkland companies.

Well worth tucking a few away imho


ATB and GL whatever you decide

[tomv33] 06/10/2020 13:24

Looks fab!

[john09] 06/10/2020 12:58

Yes looks great

[john09] 06/10/2020 11:48

Looks like it could

These markets too volatile it can end up up or down without notice

[lucicavi] 06/10/2020 11:45

Wonder if it can hit 200 this week

[lucicavi] 06/10/2020 11:28

Going up on high volume lovely 😊

[john09] 06/10/2020 11:25

I still have several hundred thousand 😏

[john09] 06/10/2020 11:07

Looks great to me. Topsliced a little (75,000) at £1.78 for a very quick + £28k on those ones. Holding many many more and will look to accumulate at certain prices

[lucicavi] 06/10/2020 11:05

200pby Friday be awesome 😎 awesome 👏

[lucicavi] 06/10/2020 10:06

A woman walks past a Superdry fashion store in Berlin, Germany
Reasonably priced casual wear puts Superdry in the right place for the pandemic

“These guys destroyed a quarter of a billion pounds of value for me and I’m determined to build it back up.�

This is what, according to one fund manager, the founder of Superdry is in effect saying about his attempt to restore the firm’s fortunes after his predecessors made, again in the fund managerâ€͐2;s words, a “dog’s breakfast of itâ€�.

Liad Meidar of Gatemore Capital Management, whose Special Opportunities fund has a stake in the fashion brand, said Julian Dunkerton, its founder, had seen the value of his Superdry shares fall by about £250m when its market value plummeted from £1.3bn to £90m under the previous management.

This obviously gives Mr Dunkerton plenty of motivation to succeed – and it shows. “He fought to get back control of the company in April last year. There was lot of drama,â€ᦙ3; said Mr Meidar. “We think he is doing a lot of the right things to get the business back on track.

“Heâ364;™s just as energetic and committed as before. He is a really incredible entrepreneur. He is renegotiating store leases, so fixed costs are falling significantly, and he is revamping the product line, breathing new life into it. And I think he’ll be around for a while.â€ᦙ3;

He added that there was “nothing wrong with the businessâ€A533; now. “Going into the pandemic there were a lot of factors that put it in a unique position,â€5533; Mr Meidar added. “One was it had net cash, a position that it managed to maintain into lockdown. It had had too much inventory but stopped purchasing and managed to clear it, while the warehouses for online shopping were kept running.â€A533;

He said Superdryâ€T82;s “reasonably priced casual wearâ€� put it “in the right placeâ€�; as far as the pandemic was concerned. “This brand can do really well in this environment,â€� he added. “It was already in turnaround mode going into Covid – it was on the front foot.

“Now it is able to go further and get its cost structure right. For example, some shops could be closed but the firm could also open some new ones. Some landlords are offering variable-cost deals that in effect mean there is no risk for the tenant.â€ʏ33;

He said Superdry charged “premium pricesâ€ᦙ3; but still offered good value for money. “You feel that you are getting a good deal, a good balance of quality and price.â€ᦙ3; The result is gross margins of about 64pc. Returns on capital tend to be in double digits, although they are depressed this year. “They could go into the high teens,â€ᦙ3; Mr Meidar said.


He said profit numbers were currently “all muddledâ€ʏ33; because of changes to accounting standards but the less volatile and arguably more important free cash flow figure should be more than £60m by 2022.

“A business with a market value of £110m is on course to produce £60m in cash in one year,â€�; he said. “That reflects the bombed-out share price, which has arisen partly because some investors ‘short sold’ retailers.

“This is the type of opportunity we want. There are very few risk-reward stories like this out there.â€ᦙ3;

Questor

[lucicavi] 06/10/2020 10:05

RE: The Sunday Times: CAN SUPERDRY’S FOUNDER MAKE THE ONCE CULT BRAND COOL — AGAIN?27 Sep 2020 14:39
Have got a good feeling about the brand growing again....

[lucicavi] 06/10/2020 08:47

Look at the chart this is a gap to 500

[1bonanza] 06/10/2020 08:23

Whakey wakey

[gswredland] 06/10/2020 08:19

Looking good. Good to see scow have tipped them. Didn’t know directors had bought that many shares luci.
Word seems to be getting out

[tomv33] 06/10/2020 08:15

Guess I was wrong

[lucicavi] 06/10/2020 06:48

Highest level since March almost then it could triple
No one held a gun to the directors head and told them to buy 1.2 m shares last month

[nw99] 05/10/2020 18:15

No it won't

[tomv33] 05/10/2020 18:11

Scsw tipped, this is the only reason, without no news in 14 days it will be back down, unfortunately