| 11:19 02/05/2012 | Re: Full Year Results |
| "plagued by people who buy things and pay for them"? Many businesses would kill for that! By oggs |
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| 11:11 02/05/2012 | Re: Full Year Results |
| Overall this rates as an excellent but pedestrian business. What holds it back is not its merchandise proposition and market position - this is excellent, as per the recent Investors Chronicle article. Rather, it seems to be getting harder to expand the customer credit ledger which supplies such a good chunk of the profits. It seems that those who take the extended credit don't think of it as such, rather they regard it as "their club" into which they pay so many pounds a month to see to their clothing needs. Rather old fashioned, and not surprisingly with the passing of time the company is plagued by more and more cheapskates who just buy the goods and settle straight away or by credit card, which has much lower APR. A pity, since otherwise we are in a time of opportunity for non-bank credit with the banks in contractionary mode. By wolfman-99 |
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| 12:07 01/05/2012 | Re: Full Year Results |
| A target of 50% online sales always seemed a little strange to me - after all if they stop producing catalogues they could achieve 100% online sales! What I want to see is an increase in absolute sales across the board, not just a shift in the balance between online & catalogue sales. By Vort |
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| 12:03 01/05/2012 | bought in at £2.35 |
| Bought a decent chunk of these at £2.35 I expect that it will be slightly less exciting than watching paint dry, but it seems like a sturdy little business to me; decent balance sheet, good cash flow, excellent dividend, reasonable prospects, strong family ownership, customer base getting larger (thanks to all those big macs...). I wouldn't expect growth much faster than the rate of inflation is the only downside that I see..... By Greyinvestor |
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| 7:48 01/05/2012 | Full Year Results |
| Hi Full Year Results out, seem quite good in a difficult environment for retail. Achieved their target of 50 % for on line sales. Some highlights from RNS : "Total Group revenue £753.2m +4.8% · Pre-tax profit £96.9m +2.5% Adjusted earnings per share 28.91p +7.0% · Full year dividend 13.03p +5.0% E-commerce sales £377m +16% Sales from Simply Be USA £4.8m +500% · Figleaves deliver first ever profit in 13 years · Like-for-like sales for the 8 weeks ended 28 April 2012 +0.6% · Confident outlook for 2012" Click on New tab above for full report. Regards soi By soi |
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| 12:11 21/04/2012 | Re: The Independent-ShareWatch.... |
| I'll have to get my survey in quick. In this weeks Investors Chronicle Mr BearBull has put a good case for owning shares in this company. It's nice when a magazine tips a share that you own. It's probably worth bumping up my view to a strong buy now. I was waiting for the price to get nearer £2.00 but I can't see that happening now so I'll be adding next week. By jomozz |
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| 9:25 21/04/2012 | Re: The Independent-ShareWatch.... |
| Thanks for that John. Let me know how how you get on. In the meantime I will be keeping an eye on this company. G1 By Gwynfryn1 |
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| 22:46 03/04/2012 | Re: The Independent-ShareWatch.... |
| Gwyn A few years ago I made a note of all their catalogues from their website http://www.nbrown.co.uk/ then asked all femail relatives and friends what they used and whether their spending in the previous 12 months was up, down or same as previous years. From my limited sample the results were interesting in that almost everyone had at least one catalogue and when money was tight they would still buy through a catalogue rather than pop down the shops. That made it a buy for me. The price rose nicely from 2008-10 but had steadily fallen throughout 2011. The lows in last few months have been pretty level at 230-235 so maybe the time is right for a new survey :o) John By jomozz |
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| 11:19 11/03/2012 | Re: The Independent-ShareWatch.... |
| Sorry for going back a month but I just started getting interested in Brown: "The independent said: One which I quite like is N Brown. It is true that this clothes retailer's demographic is very similar to that of Argos. Companies serving "ordinary people", if you like, are not finding it easy, even where they discount aggressively. The failure of Peacocks is a good example. Debt was the killer, there, but it only became the killer because of poor trading. All the same, N Brown is a risk, but it's one I might be inclined to hold." The difference with Peacocks, fundamentally, is less debt and focus on internet trading, I suppose, plus good growth record and divi cover of over 2. What is everyone's thought on this being a sound investment? By Gwynfryn1 |
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| 11:39 03/02/2012 | Broker Spotlight. |
| Broker Spotlight 12:28 pm by Giles Gwinnett http://bit.ly/ypQGJH By SpikeyDT |
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| 5:25 03/02/2012 | The Independent-ShareWatch.... |
| Investment view: Some rays of light shining through high street gloom One plus pointin retailers’ favour is that it finally looks as if inflation is falling JAMES MOORE FRIDAY 03 FEBRUARY 2012 http://ind.pn/xJMorX By SpikeyDT |
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| 11:52 27/01/2012 | Broker Round Up..... |
| Broker Roundup 12:41 pm http://bit.ly/Ac6icL By SpikeyDT |
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| 10:51 27/01/2012 | Broker tips. |
| Broker tips: N. Brown, Aveva, Max Petroleum Date: Friday 27 Jan 2012 http://bit.ly/wm3me5 By SpikeyDT |
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| 8:53 02/01/2012 | Sunday times investment strategy for 2012 |
| Number one tip - Dividends www.dividendmax.co.uk http://www.dividendmax.co.uk/sectors/retailers/companies/n-brown-group By performer |
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| 15:35 07/12/2011 | Ex-Div |
| Why the monster fall? That cannot be just for going ex-dividend! By Montman |
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