bradleym
- 12 Jan 2005 19:14
After a disappointing start to its float, things are starting to pick up. Since the release of results in December, the shares have steadily increased from 147p to 161p.
The group has a strong and fast growing market share and should perform well.
goldfinger
- 11 Jan 2006 08:51
- 108 of 297
A nice move up already this morning.
cheers GF.
goldfinger
- 11 Jan 2006 10:06
- 109 of 297
And more Newspaper coverage from the telegraph. Its worth noting that 4 brokers have this as a STRONG BUY and 1 broker as it as a BUY.
Jessops clicks with demand for digital
By Caroline Muspratt (Filed: 10/01/2006)
Camera and photographic products retailer Jessops has reported strong growth in Christmas sales as digital cameras again proved popular gifts.
The chain negotiated exclusive deals with manufacturers where it was the only retailer to carry a particular camera in a certain colour, or was able to offer some new models two weeks ahead of rivals.
Sales across the company have been gathering momentum, up 13.3pc in the five weeks to January 1 after an 8.2pc rise in the 13 weeks to January 1 and a 3.1pc rise in the eight weeks to November 27.
Same store sales rose 5.7pc in the five weeks to January 1 while internet sales, which account for around 10pc of total business, jumped 74.3pc.
Derek Hine, chief executive, said: "It is a good outcome given that we were up against some pretty strong comparators from a good Christmas for Jessops the previous year.
"Trading was particularly buoyant in the week either side of Christmas."
However, Mr Hine added: "With nine months' trading still to come, we are mindful of last year's market conditions, although this strong start to the year does underpin confidence in our prospects for the year as a whole."
Jessops said that the growth was driven by an uplift in sales of digital cameras, which grew 23pc, with sales of digital SLRs up by 92.8pc.
It said a combination of exclusive deals and competitive pricing were key factors in the strong sales performance.
The company added that gross margins in the first quarter were "marginally below our expectations" but they were still ahead of last year.
The shares rose 6 to 103p.
cheers GF.
goldfinger
- 11 Jan 2006 12:12
- 110 of 297
Blimey this one takes some moving. Not sure if thre is an overhang in the market but buys have been far higher today as they were yesterday.
cheers GF.
goldfinger
- 12 Jan 2006 08:59
- 111 of 297
Off to a positive start.
cheers GF.
goldfinger
- 12 Jan 2006 09:51
- 113 of 297
Will have a look Driver thanks for that.
cheers GF.
goldfinger
- 12 Jan 2006 09:52
- 114 of 297
http://moneyam.uk-wire.com/cgi-bin/articles/200601120941538268W.html
Nice to see a Director Buying and putting his faith behind the company.
cheers GF.
dandu71
- 12 Jan 2006 17:59
- 115 of 297
Trading update set for release on Thursday 19th January. Fingers crossed!
dandu71
- 19 Jan 2006 17:34
- 117 of 297
Quite dissappointing they`ve dropped below a 1, IMHO it`s unjustified based on the recent performance of the company.
goldfinger
- 26 Jan 2006 09:33
- 118 of 297
Nice to see this one heading in the right direction. Im hoping stale bulls have finally unloaded their stock.
cheers GF.
dandu71
- 26 Jan 2006 12:06
- 119 of 297
Looking like this could be the start of it`s next leg upwards.
goldfinger
- 26 Jan 2006 12:28
- 120 of 297
Indeed Dandu. Lets hope we dont get the late selling.
cheers GF.
goldfinger
- 27 Jan 2006 09:53
- 121 of 297
Jessops confident about FY prospects; to roll-out new store format
AFX
LONDON (AFX) - Photographic retailer Jessops PLC said it is confident about its prospects for the year ahead after a strong start, although it repeated its previous qualifications that Christmas is not its key period and the broader retail environment remains difficult.
The group also said it would be spending an additional 5 mln stg during 2006 rolling out its new store format to up to 200 more stores, after trials proved successful.
However, it added it does not expect these format changes to impact profits in the current financial year due to the short-term disruption that will accompany the roll-out programme.
newsdesk@afxnews.com
tc
cheers GF.
goldfinger
- 14 Feb 2006 23:46
- 122 of 297
Looks like we still have stale bulls holding this one back, but never mind patience is required.......
Jessops buys 3 stores from That Camera Place for 75,000 stg
AFX
LONDON (AFX) - Specialist photographic retailer Jessops PLC said it has bought three camera stores from Midlands-based company That Camera Place Limited for 75,000 stg plus the value of stock on completion.
The three stores - situated in Abingdon, Bicester and Evesham - will undergo a refit to the new spacemix standard and bring the total number of Jessops stores to 288, it said.
newsdesk@afxnews.com
vjt
cheers GF.
goldfinger
- 28 Feb 2006 11:39
- 123 of 297
A move back upto the 100 level, fingers crossed we go on from here.
cheers GF.
goldfinger
- 01 Mar 2006 11:03
- 124 of 297
Is this the day we finally break out?.
cheers GF.
goldfinger
- 02 Mar 2006 12:34
- 125 of 297
Looks like it, Yipee.
cheers GF.
Pond Life
- 02 Mar 2006 12:55
- 126 of 297
Nice spot Goldfinger. This has been on my radar for some time, but I haven't had any free resources to partake. The last three days should have been evry profitable for you.
goldfinger
- 08 Mar 2006 11:51
- 127 of 297
Continues to rise despite the poor market conditions prevailing at the moment.
Cheers for the comment PL.
GF.