NEXT is a UK based retailer offering exciting, beautifully designed, excellent quality

fashion and accessories for men, women and children together with a full range of

homewares# NEXT distributes through three main channels:


■NEXT Retail, a chain of more than 500 stores in the UK and Eire;
■NEXT Directory, a home shopping catalogue and website with around 3 million active customers and international websites serving approximately 50 countries; and
■NEXT International, with almost 200 mainly franchised stores around the world#
Other businesses in the NEXT group include:■NEXT Sourcing, which designs, sources and buys NEXT branded products;
■Lipsy, which designs and sells its own branded younger women's fashion products through retail, internet and wholesale channels; and
The parent company, NEXT plc, is listed on the London Stock Exchange #LSE: NXT#L# and is a member of the FTSE 100 Index# Total revenues for the year ended January 2012 were £3#5 billion with underlying pre-tax profits of £570 million# NEXT's head office is located in Enderby on the outskirts of Leicester, England

http://www.next.co.uk/

28 Oct Investec 7,400.00 Hold
28 Oct Cantor... 8,200.00 Buy
26 Oct Nomura N/A Buy
20 Oct Deutsche Bank 7,200.00 Hold

28 Oct Haitong... 5,500.00 Sell :-)) ha,ha,ha

28 Oct Canaccord... 8,800.00 Buy

29 Oct Haitong... 5,500.00 Sell ( Very strange ?)


29 Oct Beaufort... N/A Buy
29 Oct JP Morgan... 7,700.00 Neutral
29 Oct Jefferies... 6,750.00 Underperform
29 Oct Deutsche Bank 7,200.00 Hold

Pardon my ignorance on this D/C but who are Haitong?

You have never heard of Haitong Stan? No I have not either. lol


I gather this may help -

From Wikipedia, the free encyclopedia



It provides services in stocks and futures brokerage, as well as investment banking, corporate finance, M&A, asset management, mutual fund, and private equity.

It was listed in Shanghai Stock Exchange in July 2007 through backdoor listing, and its market capitalization was worth more than $17.9 billion.[1] In April 2012, it IPO'd successfully, after two tries (December 2011 was cancelled due to market conditions), in Hong Kong. It began trading in the Hong Kong Stock Exchange on April 27, 2012. As of June 2015 it ranks no. 1 amongst Chinese companies for fair value change gain.[2]

2 Nov Haitong... 6,350.00 Sell
29 Oct Haitong... 5,500.00 Sell

worse than cannacord
though the sell notice remains, tp has been raised about 15% in 3 days

no wonder most analysts are held in disdain

Broker Forecast - Exane BNP Paribas issues a broker note on Next PLC
Exane BNP Paribas today reaffirms its neutral investment rating on Next PLC (LON:NXT) and set its price target at 7300p. Story provided by StockMarketWire.com

10:20 03/12/2015
Broker Forecast - Goldman Sachs issues a broker note on Next PLC
Goldman Sachs today upgrades its investment rating on Next PLC (LON:NXT) to buy (from neutral) and set its price target at 8700p. Story provided by StockMarketWire.com

Next - Trading statement 5 Jan

retailers-enjoy-record-festive-figures-experts-warn-high-street-operators-without-decent-websites-cosh.

Analysts at Jefferies have cut their fourth-quarter sales growth forecasts for Next to 4 per cent compared to a year ago from earlier estimates of 7.6 per cent, and the City expects third-quarter like-for-like sales at Marks & Spencer's general merchandise arm to fall by around 2 per cent, following a 1.9 per cent drop in the previous three months

NXT has suffered along with the rest of the market and retailers, but it has a record of surprising investors for the better, so some investigation prior to 5th is warranted

actually, it may be too late as i think 5th is the first trading in london after this long break

I do not for one minute think any of the store buyers would have got the buying correct for the kind of winter we are experiencing at present. Ie the extremely mild conditions from October until now. A lot of stores have been left with the likes of thick woollens/jumpers etc, heavy winter coats. Witnessed heavy discounting today of these items in town. Interesting if buyers will buy coats if we have a sudden chill in the weather. Would not like to be a stores buyer this year with the weather being so strange. Perhaps thinking about it, rain macs and welly boots have done well.

StockMarketWire.com
Next said with good control of margins, costs and stock, along with healthy clearance rates means it expects FY profits to remain within the guided range of GBP810m-GBP845m.

"Our revised central forecast for full year Group Profit is now GBP817m, though this might increase or decrease by GBP7m depending on trade in January. GBP817m would represent an increase of +4.4% on last year."

It said full-price sales rose 3.7% in year to Jan. 2, but were up 0.4% in the period Oct. 26-Dec. 24 2015. The annual figure was below Next's previous guidance of +4.0% to +6.0%.

Next said it did not discount stock at any time prior to its End of Season Sale, meaning gross margins were maintained.

"Stock for the End of Season Sale was -7% lower than last year and clearance rates are broadly in line with last year," the company said in a statement.

Next Retail sales were up 2.1% in the year to Jan. 2, 2016, but down 0.5% in the Oct. 26-Dec. 24 2015 period. Next Director sales were up 6.1% in the 12-month period, and up 2.0% in the shorter period.

"We believe that the disappointing performance in the fourth quarter was mainly down to the unusually warm weather in November and December.

"The graph below shows the correlation between our sales performance and the year-on-year difference in temperature during the second half.

"The blue line shows the difference between the temperature this year and last, the bars show the sales growth for the NEXT Brand.

"Whilst warm weather may have been the main reason for a difficult fourth quarter, we would not want to allow difficult trading conditions to mask any mistakes and challenges faced by the business.

"Specifically, we believe that NEXT Directory's disappointing sales were compounded by poor stock availability from October onwards. In addition, the online competitive environment is getting tougher as industry-wide service propositions catch up with the NEXT Directory."

6 Jan Goldman Sachs 7,900.00 Buy
6 Jan Beaufort... N/A Buy
6 Jan JP Morgan... N/A Neutral
6 Jan Societe... 7,133.00 Hold
6 Jan Deutsche Bank 7,200.00 Hold
6 Jan Citigroup 7,800.00 Buy
6 Jan Berenberg 7,600.00 Buy
6 Jan Credit Suisse 6,600.00 Underperform
5 Jan Investec 7,000.00 Hold
5 Jan Peel Hunt 7,000.00 Hold

bought some of these yesterday as they are a quality stock and looked seriously o'sold
admittedly a very strong market, but very tasty return to date

19 Feb Barclays... 8,400.00 Overweight

25 Feb Haitong... 6,000.00 Sell ??????????????????????????????/
25 Feb Berenberg 7,300.00 Hold

4 Mar Investec 7,000.00 Hold

Next-s-slip-open-way-M-S-revival-City-experts-warn-clothing-retailer-s-phenomenal-growth-begin-stutter.