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French Connection - More cash than you need! (FCCN)     

JRM - 03 Jan 2012 14:10

I know it's retail, but I'm getting a touch frustrated with this one.

1. They have £30 million in cash and only worth £39 million. They should make profits of over £8 million this year.

2. There is a global brand name.

3. The Directors could buy the shares they need to take the company private with the cash the company has in the bank -Wow that would equate to a 50% rise in the share price!

JRM - 02 Feb 2012 14:31 - 20 of 25

Twice as many buys as sells. Nice!

mitzy - 06 Feb 2012 08:33 - 21 of 25

Profit taking today.

JRM - 06 Feb 2012 11:11 - 22 of 25

How cheated do I feel!

Still a decent profit still due, tthe cash pile should be an attraction for somebody!

JRM - 13 Aug 2012 09:25 - 23 of 25

Oh no what are they doing?

They've still close to £20 million in cash (SAME AS THE MARKET VALUE), an Asian growth story and an established brand.

It must be time to take this little gem off the market........

dreamcatcher - 16 Sep 2012 19:26 - 24 of 25

Wednesday September 19 =

• Investors are fearing the worst ahead for French Connection’s half-year results this week, after three profit warnings already this year from the fashion retailer. In August, French Connection reported a 7pc fall in sales for the six months to July 31 and said interim operating profits will be £7m down on last year.

dreamcatcher - 16 Sep 2012 19:31 - 25 of 25

Chart.aspx?Provider=EODIntra&Code=FCCN&S
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