French Connection (#FCCN) – H1 adj. loss £0.9m with continued store closures & Wholesale bounce back

FRC investigation re. year ended 31st January 2020 audit by Mazars of French Connection (#FCCN)

French Connection (#FCCN) – received 2 potential offer approaches, “remain at a very early stage”

French Connection (#FCCN) – updates including on H2 retail conditions, US business $6.5m “additional funding through the Main Street Lending Programme”

French Connection (#FCCN) – “initial sales since reopening have been low… seeing sales volumes grow week on week”, considers its £15m working capital facility “sufficient”

French Connection (#FCCN) – FY swing to loss, notes “difficult trading conditions”

French Connection (#FCCN) – warns expects FY pre-tax loss “of between £1m and £2m”, ends formal sales process after completing a ‘strategic review’

French Connection (#FCCN) – discussions “ongoing with a number of interested parties”, extends period for completing strategic review

French Connection (#FCCN) – confirms reviewing all strategic options, including potential sale of company

French Connection (#FCCN) – FY adj. op loss £3.7m, early current year performance “strong”

French Connection - Is It Safe?

It’s time for another reference to share blogging supremo Paul Scott, who wrote in some detail on the subject of French Connection yesterday. While I share much of his perspective on this, I wonder if the bulls here might not be overly confident in their belief that the company is safe.

Zak Mir's Bull Call of the Day No. 1: French Connection: Old 38p Target Should Lead To 58p

There are not many fashion choices for middle aged men who don’t have a middle aged physique, and a surprising choice on the suits from comes from French Connection.

French Connection (#FCCN) upbeat trading statement - says will hit FY forecasts

Zak Mir's Bull Call Of The Day No.1: French Connection: Broadening Triangle Targets 38p

But it would appear that even for people like myself, there could be salvation in the form of a decent suit from French Connection and a look at the share price prospects.

French Connection (#FCCN) - Group revenue down 9.8%

French Connection (#FCCN) nasty profits warning - ouch

French Connection – the Recovery Play Very Much on track

Shares in French Connection (FCCN) are up this morning on a positive trading statement. I was not expecting a statement but the positive news needed to come out. For the period from August to November retail L4L sales were off 5.7% but that was against a very strong comparator, wholesale sales were up 9% and margins also improved – that is good going when one looks at other retailers. 

Buy French Connection at 65p target 120p, 3 year target 500p

As my twitter followers know I was in here at 30p French Connection (FCCN) is one of only two oilies in my portfolio. I will reveal the other one shortly. When it comes to non-oil stocks I will only go for potential multi-baggers and French fits the bill. This would be an excellent long term hold for your SIPP or ISA because it is debt free, trading below its net asset value and 40% of the market cap will be in cash by Christmas. 

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French Connection: I am 30% ahead but the shares are still a great share tip

Underneath my classic value investor coat there is a contrarian value investor trying to get out. As such when I see deep value I want to buy it. Conversely when things go well I feel is time to sell.