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.

back on the way up, can see to be made.get in quick.

Sorry Dave, but how many shares will I need to make a 1.

Heard today that there is a bid for Jessops

on the tube? ..... in the local greasy spoon? ...... not impossible i guess, especially if they own any freehold properties

master - Can you tell me where you have heard about a possible bid?

Chatting to city traders on the west coast commuter train to London Bridge this morning

solid and reliable info then!
a bit unkind i know(lol) and certainly sp has shot up again this morning, but that might very well be bears closing their positions with significant profits.
old and valid adage is that one should never buy just on the hope of t/o .... far too dangerous especially with a flaky company like jessops

Gutted bought 20k @70p watched the drop bought back in 50k @ 12.5p sold at 16.5p to reduce my loss , but looks small profit after cassenove gave them a boost saying that the bad news may all be out and the brand has value, bought another 50k @17.5p so am holding 70k and they are looking better

count your fingers

Up 25% today - but that was from a low start...obviously somone want these shares.

Re a poor exec register.... "Shares" helps in this respect, being able to keep punters up-to-date but what we need is a dedicated web-site to cover such persons...might be a useful place for good execs to be recruited....anyone want to develop this?
I understand LS was given 2m as a reward - to further his pension pot. Tell that to our WW1/WWII brave war-pensioners, whose quality of life is dire!

cynic
what do you mean count your fingers ?

Brand has value, eh?
Well maybe from the consumers' viewpoint...it's nice to ses a familiar shop, all the stuff laid out, helpful staff...but then you get to the paying bit - and realise the same camera can be bought for 50 less, maybe including a larger memory card. No when you're paying 1000 for a camera this amount may not concern you, if you think the after-sales service is worth having....but I can't recall Jessops ever having a repair shop - OK they used to collect all the s/h cameras and give 'em a clean.
However, the modern camera is unlikely to fail (other than being dropped!). So what added-value do you get "after" the sale?
The JSP memory-prices are horific and even at their "half-price" they look expensive to me. Along with Woolworths, there is very little margin on the High Street....large shops need to be shifting stock - (whatever they sell) so the pattern really is supermarkets, aiming at the average bulk-purchase.

My local Tesco is nearer than Jessops - and has a reasonable range of cameras - not too many but probably those where the margins are best.

So what is a brand?
A brand is what is left when you strip out all the bits that you can get elsewhere.
Thus you can buy a calculator for 3 or you can go to a fancy shop and buy the same thing branded Ferrari - now unless you are a fool you must realise they are the same product. However, if it has a natty slide-cover that protects the display, or it alone has a stopwatch function, lap calculator etc then the branded calculator is "more" -it is bang-on for sports meetings etc. The fact that it is now four times (or ten times the price is of little concern - you are buying that something "extra" you believe the branded product will provide. In this case it is an extra calculation routine and some mechanical protection.
Now consider the Jessops brand....just what are you getting that you need for that extra money? In the days when watches needed a service, adjustment and care it made sense to buy from a local watchmaker, repairer - although I can never remember them making watches....but you couldn't send your watch anywhere else.....so you paid the price and each town had two so prices were kept in check.
I don't disagree that JSP has a brand....but that doesn't mean it has value....well not until it is supported by something....historic performance and service are Good - but most folk want the Here and Now.....and on that score JSP has nothing other than shops- and that is the very thing that pushes up prices as long as volumes remain low.
Digital cameras are commodities and most folk have them. I don't see JSP can return to good sales - they need to trim their overheads to the reducing volumes.........
"Count yr fingers"? - I wondered too - - perhaps he's suggesting wait a little while....
i.e. do we think the next RNS will be bumper profits?
....(Up a further 15% today, but still very low prices....this could get nasty IMHO. But I've been burned once.)

i am suggesting that falling knives tend to be very sharp

700202
Well Done for having the balls to get back in and trade at a profit.
You derserve some luck
Cheers
Amar

Rumour of KPMG-involvment, but no RNS at 14.45 so that looks a tad careless.
/

My guess is it's a debt-for-equity swap, or slightly less worse, a major placing (ie no benefit to shareholders).
Retailers have been saying Easter was poor and one has to assume that JSP was no better - they have been advertising recently in the Nationals, but until costs come down I can't see the shop-overhead being covered by reduced margins.
I hold only a token having lost considerably believing there was value in the shops - now I think it is the shops that detract from value.....oh dear.
(Monday, today): dipped to c. 15p and has recovered slightly but is still down on the day. I suspect we may not see 25p for some time.....oh dear, again.
Any positive views, - perhaps those who are buying at these levels?

cynic , i think you are right on this one . The sp is going down again , i guess to a new low .

DOES ANYONE KNOW IF THEY HAVE ANY FREEHOLD PROPERTY ?

article in the nottingham evening post on monday 16th april. Action on jessops. The bankers of struggling camera retailer Jessops have called in the business recovery specialists. Pricewaterhouse Coopers to examine options for the group. Reports say. HSBC is understood to have made the move after the Leicester - based company warned last month that debt would swell to 52m, the newspaper reports say. Jessops have been struggling to cope with cheaper prices for digital cameras, which as put the pressure on sales and margins. The company and JSBC were unavailable for comment although the bank said it "continued to be supportive" of the firm. Chief executive Chris Langley is leading a strategic review of the company to address the challenges faced by the firm. The overhall of the business is likely to involve the closure of some of the firm 315 stores. Jessops expect to post losses of around 8.5m for the first half of the year to the end of march, resulting in a full year loss of 5m. Good luck to all holding.

sounds like the same death knell as when the footy club chairman says the manager has his full support etc!

Thanks Janetbennison; so it's PWC as advisers....that won't be cheap but in reality the "closures" you mentioned look like sense - in a few towns they have multiple outlets. The sad fact is that folk don't value good prints and JSP doesn't appear to be able to communicate with loyal customers....or shareholders for that matter (altough recently I guess they fear any Regulatory issues as well).
I wish I could see some value there, burried beneath the market reaction - some do but not this dry crust. (oops, give-away!)