Poundland (#PLND) – increased recommended offer from Steinhoff of 225p per share (from a previous 220p)

Poundland (#PLND) – recommended 220p per share offer from Steinhoff

As the Shares Stop Pounding Along, You Might Consider Cashing In.

Hello Share Peddlars. I am a big fan of Poundland (PLND) stores, but not of its shares. When the company went public, I did not participate. This was for the 11-plus level of reasoning that at only a pound a purchase, it was going to have to sell a load of stuff to bring in decent profits.

Poundland (#PLND) - guides forecasts to bottom end of range

Poundland Offers rapid Growth Potential

Poundland (PLND) had its share price hammered by around 25% when it published its latest interim results. But I think this drop is well overdone and represents a buying opportunity for this FTSE250 listed company, especially given its expansion plans and targets for growth.

Poundland – as predicted a results shocker

Back in September I confessed to the ShareProphets readers that I had been making some semi-regular visits to my local 99p Store.  I also called a sell/avoid/short on Poundland (PLND) shares and it is the latter which has to interest us today following a litany of disasters in the company’s interim results statement today.

Discount store spending confessional…but avoid Poundland shares

Dear readers…time for another confession.  I may have over the last few months enjoyed shopping at my local 99p Store snaffling a bargain or ten (£9.91 worth!) of relatively near-date cereal, biscuits and chocolate not to mention various household goods. 

Poundland Group (#PLND) - £50million placing

Poundland Group (#PLND) - Acquisition of 99p stores cleared

Poundland Group (#PLND) - Competition and Markets Authority provisionally clears merger

Poundland: blame those damn loom bands!

Hands up if you know someone who is still crazy about loom bands? If I had asked that question a year ago I would have been inundated by parents bemoaning the hundreds of tiny plastic bands everywhere in their homes not to mention the number of ‘right on’ people actually wearing the luminous creations.  But today?  Tumbleweed…

Zak Mir's Bull Call Of The Day: Poundland: In For A Penny, In For A 400p Target

It is difficult to argue with the idea that Poundland has been quite a phenomena since it came to the stock market, if only for the implication of it being a company which can thrive in a time of austerity. 

Poundland (#PLND) buys 99p Stores Ltd for an EV of £55m

Poundland: worth more than one pound but don’t pay more than three…

When we look back on 2014 the market share gains by discounters in the retail sector will be one of the investment themes that will be remembered.  There is therefore a certain correctness in the timing of the Poundland (PLND) IPO earlier this year.  Unsurprisingly if you were lucky enough to buy some shares early on in its life as a public company you are currently at a capital loss but let’s not be too critical at least the business has shown a bit of form over the last few quarters.  It is not easy to generate a 4.7% like-for-like sales growth as Poundland did over the last six months.