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Even a few of our detractors have now come around
Though still well down from my caution after it listed in 2017 (for example HERE), shares in fashion retailer Quiz plc (QUIZ) have recently been rising strongly after my most recent caution. However, the company has today announced full-year results and the shares are currently back below 20p in response, more than 20% lower. So what’s the story now?…
It’s time to have a look again at Burberry (BRBY), shares in which I have loved for a number of years (even if I have never bought one of its products personally). But the shares have been a bit volatile so far this year, as I noted the other week with the surprise decision by the company’s CEO to leave. So whilst further insights on who may be the next CEO is more of an issue for later in the year, why are the company’s shares down today given its ‘excellent progress’ comment about year-to-date sales?
Fashion retailer QUIZ plc (QUIZ) has announced results and “looking ahead, we remain confident in the strength of our brand”. At a little changed 7.2p share price, the market cap is though currently below £9 million…
A “Trading Statement” from fashion retailer Superdry (SDRY), with CEO Julian Dunkerton concluding “we remain open for business online through superdry.com, our stores in Europe have begun to reopen and I am excited by our new ranges for the Autumn/Winter season” – and the shares have currently responded to circa 125p, more than 5% higher...
Previously writing on “occasion wear and dressy casual wear”-specialising Quiz plc (QUIZ), in January with the shares slipping below 17p I concluded including the “medium-term” in this context tends to mean the near-term ain’t looking good… I again retain prior bearishness here. The update then has now been followed by a “Trading Update and COVID-19 Impact”…
A “Statement re Current trading and COVID-19 update” from fashion retailer Superdry (SDRY) sees the shares currently more than 30% further lower on the back of it, below 70p…
Previously writing on fashion retail company Quiz plc (QUIZ) in January it was Christmas revenue +8.4%... so why an approaching 30% share price decline?, that towards 25p – though I concluded that with “continued uncertainty with regards to consumer demand and associated spend”, I’d want more cash flow comfort so it was only on the watchlist. The shares had recovered to above 32p – before today a “Trading Update”…
