Brown (N) Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:BWNG.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9599582 http://www.iii.co.uk/investment/detail?code=cotn:BWNG.L&display=discussion&id=9599582&action=detail Wed, 02 May 2012 10:19:00 GMT oggs tag:iii.co.uk,2003:tst.9599539 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 ]]> http://www.iii.co.uk/investment/detail?code=cotn:BWNG.L&display=discussion&id=9599539&action=detail Wed, 02 May 2012 10:11:00 GMT wolfman-99 tag:iii.co.uk,2003:tst.9595474 http://www.iii.co.uk/investment/detail?code=cotn:BWNG.L&display=discussion&id=9595474&action=detail Tue, 01 May 2012 11:07:00 GMT Vort tag:iii.co.uk,2003:tst.9595451
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 ]]> http://www.iii.co.uk/investment/detail?code=cotn:BWNG.L&display=discussion&id=9595451&action=detail Tue, 01 May 2012 11:03:00 GMT Greyinvestor tag:iii.co.uk,2003:tst.9594037
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 ]]> http://www.iii.co.uk/investment/detail?code=cotn:BWNG.L&display=discussion&id=9594037&action=detail Tue, 01 May 2012 06:48:00 GMT soi tag:iii.co.uk,2003:tst.9562979 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 ]]> http://www.iii.co.uk/investment/detail?code=cotn:BWNG.L&display=discussion&id=9562979&action=detail Sat, 21 Apr 2012 11:11:00 GMT jomozz tag:iii.co.uk,2003:tst.9562666 G1 By Gwynfryn1 ]]> http://www.iii.co.uk/investment/detail?code=cotn:BWNG.L&display=discussion&id=9562666&action=detail Sat, 21 Apr 2012 08:25:00 GMT Gwynfryn1 tag:iii.co.uk,2003:tst.9504823
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 ]]> http://www.iii.co.uk/investment/detail?code=cotn:BWNG.L&display=discussion&id=9504823&action=detail Tue, 03 Apr 2012 21:46:00 GMT jomozz tag:iii.co.uk,2003:tst.9414446 "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 ]]> http://www.iii.co.uk/investment/detail?code=cotn:BWNG.L&display=discussion&id=9414446&action=detail Sun, 11 Mar 2012 11:19:00 GMT Gwynfryn1 tag:iii.co.uk,2003:tst.9244876 12:28 pm by Giles Gwinnett
http://bit.ly/ypQGJH By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BWNG.L&display=discussion&id=9244876&action=detail Fri, 03 Feb 2012 11:39:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9242775 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 ]]> http://www.iii.co.uk/investment/detail?code=cotn:BWNG.L&display=discussion&id=9242775&action=detail Fri, 03 Feb 2012 05:25:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9217578 12:41 pm
http://bit.ly/Ac6icL By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BWNG.L&display=discussion&id=9217578&action=detail Fri, 27 Jan 2012 11:52:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9217256 Date: Friday 27 Jan 2012
http://bit.ly/wm3me5 By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BWNG.L&display=discussion&id=9217256&action=detail Fri, 27 Jan 2012 10:51:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9114060
www.dividendmax.co.uk

http://www.dividendmax.co.uk/sectors/retailers/companies/n-brown-group By performer ]]> http://www.iii.co.uk/investment/detail?code=cotn:BWNG.L&display=discussion&id=9114060&action=detail Mon, 02 Jan 2012 08:53:00 GMT performer tag:iii.co.uk,2003:tst.9042911
That cannot be just for going ex-dividend! By Montman ]]> http://www.iii.co.uk/investment/detail?code=cotn:BWNG.L&display=discussion&id=9042911&action=detail Wed, 07 Dec 2011 15:35:00 GMT Montman