TED Baker Share Discussion Threads

[hufhaus] 20/4/2006 07:39

I'm not a holder but definitely on my watch-list at this price. wrt previous post on here from Dr Darkstar, share price (545) at 14/02/06 showed every indication of a potential breakout. Subsequent fall to 480 doesn't appear to be based on any significant news.

[dr darkstar] 14/2/2006 10:52

breakout to new highs?

[tameboy] 31/1/2006 09:43

Price has jumped a little today. Is this a delayed effect from the trading statement on 19th Jan? Hopefully we are in for a good year.

[chester] 05/1/2006 17:48

Sold out today with a very healthy profit. I shall probably return at a later date.

[chester] 04/1/2006 09:07

Whoosh.....

[chester] 18/12/2005 07:36

Looking even better now.....

[chester] 06/12/2005 12:42

Looking great now......

[samg99] 30/6/2005 22:42

Just in case any TBK holders/traders don't realise.....it will be going on to the SETSMM trading system on Monday week (11th July). IMO that will mean wider spreads a lot of the time, plus worse liquidity - we'll soon see!

[netcurtains] 19/1/2005 20:58

FCCN is knackered but is it knackered by the amount specified?
You might be right.
Its certainly not clear cut.

John

[cat] 19/1/2005 20:52

fccn is knackered

[cat] 19/1/2005 20:52

More from Investec:

Impressive sales growth continuing
! Ted Baker has reported impressive sales growth in its Retail division for the
8-week period up to Christmas Eve. In addition, gross margins have been
maintained in line with the comparable period last year in spite of some mix
dilution. With stocks controlled in line with plan, we therefore expect Ted
Baker to beat our forecasts for the year, and are upgrading by 2%.
! Retail sales increased by 20.6% over the 8-week period, on average selling
space that was about 8% higher than last year. Given a strong sell through in
the Sales after Christmas, we believe that the cumulative performance may
have improved slightly from this level. All of Ted’s categories are said to have
performed well especially Accessories, where both both Men’s and Women’s
ranges have been developed. Whilst average price points remain unchanged
as expected, the average selling price may have edged up, driven by some
higher value items, including the Global range.
! New space, including Floral Street and Regent Street, is understood to have
performed well, as did the US outlets, albeit performance over the Christmas
period was not quite so robust as that reported in the Autumn.
! Gross margins were maintained in spite of some dilution from mix changes.
This is better than our forecast of 30bp gross margin dilution. This was
achieved through a combination of improved intake margin and mark-down
improvements. Individually, the movements were immaterial.
! The combination of better than expected sales and maintained gross margins
means we are adding around £0.35m (+2%) to our full year forecast, which
we are rippling through to 05/06 and 06/07 forecasts as well.
Summary and conclusion
! Ted’s performance ranks amongst the best that we have seen so far from the
listed clothing retailers, especially given progress is against firm comparatives.
The brand is developing successfully on the domestic front, on both a
licensing and retailing basis, and the initial signs emerging from its overseas
business are encouraging. Ted is therefore extremely well positioned to grow
profits.
! Based upon upgraded forecasts of £16.3m PBT (26.9p) to Jan 05 and £18.2m
PBT (29.7p) to Jan 06, the stock trades on a prospective PER of 16.6x
dropping to 15x 2 years out. The quality of the earnings growth warrants a
premium compared to others in the sector, possibly even other brands such
as Burberry - Ted and Burberry trade on the same prospective multiple in
spite of Ted’s (year to date) retail growth being double that of Burberry’s.

[netcurtains] 19/1/2005 20:50

If you look at its market cap and profits compared to FRENCH CONNECTION, one would tend to think TED's rise has been over done and FRENCH'IES fall has been over done too.

IMHO FCCN looks a better 6 month bet.

[cat] 19/1/2005 20:44

Shore Capital:
TED BAKER – Strong trading performance, with retail sales up 20.6% over 8 week period. Sale period gone well, leaving a clean stock package. Forecast upgrades likely. Reiterate HOLD stance on valuation grounds.

[cat] 19/1/2005 20:42

Peels note summary:

Ted Baker (TBK) 491p Trading Statement – forecasts underpinned BUY

�� The Ted Baker performance continues to impress with total retail sales up 20.6%, from 1 November to
24 December, and is marginally ahead of our expectation.
�� All collections and trading locations performed well with retail gross margins in line with last year. Stock
levels are in line with expectations and clean.
�� This is a good performance on strong numbers last year.

[melody9999] 11/12/2004 00:02

anyone there? has it been tipped somewhere or can someone explain rise today?

[melody9999] 21/11/2004 17:39

Any views on whether TBK will be affected by the potential retail downturn in the UK?

[cat] 26/10/2004 09:03

TBK - just got sent this - dont know origin but its a nice write up.

Friday, October 22, 2004

Ted Baker has eyes on Far East

Fast-growing fashion chain, Ted Baker, looks like a company bursting with
opportunities. I first recommended the shares at 394p in October 2003. Since
then they have risen to 477.5p currently but look capable of going
substantially higher. The immediate booster for the shares has been a good
set of figures at a time when other fashion chains have been struggling.
Interim figures showed first half profits rising by 28 per cent helped by
new outlets and sales of products such as watches and fragrances.

The company is building a remarkable track record of success. Since the
flotation in 1997 the group has trebled in size and grown sales more than
fourfold. It currently has 87 outlets and is seeing good growth from its
rapid overseas expansion. In the latest period new stores were launched in
Covent Garden and Westbourne Grove in London and a further US store in San
Francisco. A new London store is planned for Regent Street. Other recent
openings included stores in Guildford and Stansted Airport.

Obvious areas of future potential include widening the range of accessories
and introducing the brand into the label-crazy Asian market. Finance
director, Lindsay Page, says he believes the brand would do fantastically
well in Asia.

Fifth US store planned for Las Vegas
The primary focus of overseas retail expansion is the USA. The group has
four stores, in San Francisco, New York, San Jose and Miami respectively.
All bar the latter are doing well with the problems in Miami blamed on the
immaturity of the shopping centre in which the store is located. A fifth
store is planned at Caesar's Palace in Las Vegas.

Trading in the second half has remained strong with retail sales ahead by
20.2 per cent and wholesale up 11.3 per cent. The group is firing on all
cylinders and although the prospective PE ratio is in the high teens buyers
at current prices should do well over the medium and longer term.

[gswredland] 20/10/2004 14:17

Just been tipped by robbie the trader!

[m5artin] 15/10/2004 09:13

Blew the dust of my shares and saw a nice gain over the year. Was worried by the dip in December but holidays away helped me forget about the loss. Came back in Jan to see them back up.
Pop into Ted's occasionally in Meadowhall. They seem to be doing O.K. That's the thing about investing in stores you can keep an eye on them.
Hoping for a continued rise same next year so stashing them away for now. Just hope they don't do a pre xmas dip.

[jumbo66] 06/10/2004 06:17

LONDON (AFX) - Ted Baker PLC said it is confident of a positive outcome for
the current year as it announced a 25.9 pct increase in first-half profits and a
good start to the second half.
The designer clothing brand also said it is opening a new store in Regent
Street in London as well as a fifth store in the US.
In the six months to Aug 14, Ted Baker posted pretax profits of 5.8 mln stg,
up from 4.6 mln last year and above analysts' forecasts of around 5.1 mln.
Sales grew by 16.9 pct to 49 mln stg. Within this figure, retail sales rose
13 pct to 30.7 mln stg, wholesale sales were up 24.1 pct at 18.3 mln, while
licence income increased by 63.6 pct to 1.8 mln.
EPS was up by 24.7 pct at 9.6 pence.
The company celebrated the strong interim results with a 9.4 pct increase in
the dividend to 3.5 pence.
The retail gross margin was slightly ahead of last year thanks to increased
buying efficiencies. However, the wholesale margin was lower due to a change in
the mix of underlying collections.
These factors led to a slight drop in the composite margin to 56.8 pct in
the first half from 57.4 pct last year.
Turning to current trading, Ted Baker said retail sales in the seven weeks
to Oct 2 were 20.2 pct ahead of last year, while wholesale sales were 11.3 pct
higher.
The company also said it is pleased with the initial reaction to its
autumn/winter collections.
It expects higher retail and wholesale margins in the second half, which
should result in retail margins being broadly in line with last year, while
whole margins will be slightly lower due to the change in sales mix.
As a result, the composite margin for the full year is likely to be slightly
lower than last year, it said.
[e-mail]
ak

[cockneyrebel] 20/2/2004 11:28

Cleared that 385p resistence nicely now - no resistence till £5. Perhaps we'll see that at the results - March 24, they should be good :-)

CR

[cockneyrebel] 12/2/2004 14:47

119k BUY :-)

CR

[cockneyrebel] 12/2/2004 14:27

Some nice big trades going through after DKW's upgrade yesterday.

CR