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N Brown Group plc (BGUA.F)

Frankfurt - Frankfurt Delayed Price. Currency in EUR
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0.5300+0.0120 (+2.32%)
As of 8:02AM CEST. Market open.
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  • D
    David
    I actually think this is a smart move. AIM investments won’t attract inheritance tax.

    It wouldn’t surprise me at all if Lord Alliance is expecting to pass on his wealth in the next few years.

    As long as the graphs start going in the right direction, and I have to think with the collapse of Arcadia they might, anyone holding is in an advantageous tax position after the transfer.

    I actually bought a bunch in the low 20’s at dip to offset losses and bring my average share price down and it helped nudge it into the green. Simply Wall St and some at Motley reckon there’s a big potential upside based on their cash flow valuations.

    If the stars align for those three if’s you end up with a nice IHT free chunk. If it’s in an ISA too it’s a perfect tax-free storm.
  • S
    Smart-Investor
    The only way is up for this one.. now that lockdown is over.. Starting to see brand advertising on tele now.. Great buying opportunity !!
  • D
    David
    I worked at N Brown as a Senior Designer for eight years and own a number of shares. I left a few months after the appointment of Angela Spindler as CEO because I lost all faith in the leadership of the company.

    They began to rationalise the company and make redundant large swathes of the Marketing and Creative departments.

    A company like this whose channels to market depend upon highly talented and creative people making the product visible in an extremely crowded marketplace, paired with a talented buying team sourcing great product, needs amazing buyers, marketers and creatives more than most.

    Overnight almost beginning with the departure of first Alan White then John Hinchcliffe leading marketing, the new leadership of the company seemed to just drop bombs on these working relationships years in the making. They let go of people with cumulative centuries of experience in the industry without a second thought.

    In these companies the warning has always been voiced that once you lose creativity in your marketing, there’s no amount you can pay that will guarantee you get it back. It’s an intangible quality that’s hard to put on a balance sheet and hard to attach a dollar value to.

    I left because I was certain my job was in no way safe and not a year later massive job cuts began happening.

    I watched as all the terrible ideas I had warned against in meetings took place, taking the share price ever and ever lower.

    For me this is an emotional investment because unlike all of my other holdings, I have a personal history with the company. I don’t want to sell my stock no matter how low it goes and in any event I’ve covered potential losses elsewhere, but I still watched with sadness throughout that era.

    This latest and potentially final slump I don’t believe is the fault of the current management team. They were failed by predecessors that took a viable and profitable retail fashion company, and hamstrung it based on little more than experimental opinion of how it might be better run.

    The current team MUST secure government funding and bring this great company back from the brink. The company still has enormous potential and it would be a huge shame to watch it go.

    This lockdown and low/economy environment is exactly the type of situation where the model of credit based mail order fashion and hard goods should be doing well.

    I have worked at Littlewoods, Shop Direct and N Brown. All typically do well in a recession as people seek to offset or delay the cost of their mail order purchases with a credit offering.

    N Brown have one job, and that is simply to survive until some light appears.
  • D
    David
    Complete basket case are management..Moving down from main market to AIM is just going to lower fund management investments..A rights issue at 57p when SP is 50p is beyond comprehension..Yes you can offer shares at higher issue price,but only when trading is very good.N.Brown is trading sideways at best.
  • D
    David
    Alliance verses Allianz..place your bets please
  • A
    Andy
    Chief executive appointed 5 years ago with the the share price just under 5 pounds, share price today around 1pound and 65 pence. What is happening?Possible shareholder revolt at the AGM due to executive bonuses not being aligned to performance. Is there something seriously wrong with the management of this company?
  • Y
    Yahoo Finance Insights
    BWNG.L reached a 52 Week low at $86.20
  • Y
    Yahoo Finance Insights
    BWNG.L reached a 52 Week low at $87.30
  • Y
    Yahoo Finance Insights
    BWNG.L is down 8.23% to $92.60
  • E
    ErnestI
    doing so well then bang back to square one
  • D
    David
    What is the open offer?
  • S
    Smart-Investor
    Motley Fool gave a tip few weeks as well a few months ago to buy this stock. I leave it there..