We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Theworks.co.uk Plc | WRKS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 27.05 | 08:36:51 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 27.05 |
| Industry Sector |
|---|
| GENERAL RETAILERS |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 20/05/2022 | Final | GBP | 0.024 | 03/11/2022 | 04/11/2022 | 24/11/2022 |
| 16/01/2020 | Interim | GBP | 0.012 | 13/02/2020 | 14/02/2020 | 12/03/2020 |
| 03/07/2019 | Final | GBP | 0.024 | 29/08/2019 | 30/08/2019 | 24/09/2019 |
| Top Posts |
|---|
Posted at 01/3/2024 19:41 by darrin1471 I agree that a loyalty card is an old concept.An app where you can mine useful data and target promotions is the modern route. To expensive for WRKS to build but specialist companies are already offering the service to smaller retail chains. |
Posted at 20/2/2024 11:42 by farrugia so what's the difference between this one and Card Factory? Why is Card Factory outperforming WRKS so much? And what about Moonpig? |
Posted at 14/2/2024 15:02 by darrin1471 No debt but they have been using up their cash.No point in £300m sales if you are not making profits and paying dividends. A 5% real increase in sales (ex inflation) makes a big difference to profits. WRKS wage bill is £60m, so a 10% rise in NLW is a big headwind. |
Posted at 14/2/2024 14:44 by darrin1471 sooty, I have lost faith in the business model. WRKS failed to make the most of the trading conditions in December 2022 when other high street retailers did well. When a retailer makes such small profits it does not take much of a change in turnover to boost profits by a multiple. Equally a small drop in turnover can result in losses.WRKS have the head wind of a near 10% rise in NLW from April. The more I think about it the educational world is moving away from WRKS. So much of the educational stuff I used to buy for the kids from WRKS is now done online. When buying the educational stuff we used to pick up other stuff for birthdays etc. I only go in now to get a feel for the shop as an investment. Its neat tidy with a wide range of product. I struggle to see any tweaks that would significantly improve the offer. The Works, Ryman and WH Smith. There is probably only space for one of them. The appointment of the Kelso directors is a surprise. Kelso have only been around for a couple of years but have ruffled a few feathers beyond their size. Kelso mkt cap is less than WRKS For me WRKS is an even more interesting watch but I'm not investing. |
Posted at 14/2/2024 14:25 by napoleon 14th From Stockopedia, which fills in the details:"Works co uk (LON:WRKS) - up 9% to 24.25p (£15m) - appoints 2 new NEDs. Unusually these are non-independent, being the CEO & CFO of active, but tiny investment company Kelso group (LON:KLSO) (mkt cap £11m), which owns 5.1% of WRKS (paid 33p). Speculation of some kind of corporate deal maybe? KLSO is pushing WRKS to do buybacks. WRKS looks a very marginal business to me, with little (if any) equity value, but might benefit from higher consumer spending as 2024 progresses? Although April 2024 sees big wage cost hike." |
Posted at 26/1/2024 10:45 by crumppot I cant believe that WRKS are doing that badly, that they are valued so lowly. They have over 500 shops and although Xmas trading was down, I am surprised at such a drop in the share price. I wonder what the fund that bought in recently must think? |
Posted at 18/1/2024 08:39 by crumppot The results weren't great. No dividend or share buyback. |
Posted at 18/1/2024 08:06 by kaos3 as feared. wrks is good times operation.they should partially reinvent them self to offer a ..non discretionally needed line ..... to draw customers into the shop. then they will buy present stuff items on the offer - which can be bought every where around. otherwise excellent management and report. i wish this management would not ride a donkey but a horse. harsh but that is my opinion the best jockey can not win riding the donkey /selling stuff in wrks case/ i will stick as the management is excellent as far as i can tell |
Posted at 19/12/2023 19:32 by kaos3 the Q for me is ... do i need to go to wrks shop to get my needs sated ... or is more convinient to me to do shoping on the go elswhere / supermarket, internet etc/ while doing some other buyinglooking at their offer i can not see why should i bother to go extra mile. |
Posted at 22/5/2023 13:41 by darrin1471 s23. As you are aware stock levels increase pre Christmas and cash is at its highest level post January sales. It is therefore best to compare cash year on year.The most recent cash figure is £10.2m vs £16.3 a year earlier. This drop of £6.1m was due to "higher than normal creditor balances" in FY22. It was well flagged and nothing to worry about. The net cash forecast for the next 2 years is +£3m taking WRKS to about £13 net cash at the end of FY25 (30/04/2025) Dividend cover is poor for FY23 so a 2.4p dividend is not cast in stone. If the outlook remains stable I think WRKS will maintain 2.4p, as cover improves for FY24. The WRKS share price is very low but its profit margins are also very tight. A small boost to revenue adds a big boost to profits but the reverse is also true. Pay rises often start April 1st along with pension and benefit rises. The energy cap is also forecast to fall by £500. This may lead to a better than expected summer for retailers. WRKS will need to fund the higher living wage which went up nearly 10% last month. Also Amazon are opening a massive distribution centre near to WRKS head office and warehouse. Amazon will be recruiting hard for all positions in the new DC which will add wage pressures locally to an already tight labour market. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
