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Majestic wine profits down YoY
https://quaffersoffers.co.uk/QOforum/viewtopic.php?f=2&t=8090
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Author:  Shezza [ Tue Mar 25, 2014 10:26 am ]
Post subject:  Majestic wine profits down YoY

http://www.decanter.com/news/wine-news/ ... ter-250314

Competition is so high right now, I'm imagining it must be quite tough for Majestic to keep up with the many offers being rolled out in the first quarter if this year
I've noticed that they have tried to go with the 33% off pick and mix wines but I do tend to find that on a lot of occasions their base price is that bit higher that it makes only a handful of the offers really stand out
I hope the analysts predictions are true as I think Majestic offer some great wines not easily available elsewhere and I like the instore service at my local store and enjoy their magazine.
While I imagine it's a way off, I would hate to hear of any store closures or worse in the future.

Author:  Duncan [ Tue Mar 25, 2014 2:25 pm ]
Post subject:  Re: Majestic wine profits down YoY

Good Post Shezza,

My subscription to Decanter has expired !

How our Retailers are viewed by the city .....

WM Morrison spooked the market last week with a statutory loss after extraordinary items. Tesco and Sainsbury followed, as well as nearly 9% chipped off Mark & Spencers capital last Friday.
Majestic's market cap lost 65 Million (a fifth) after the week-end, down a pound to less than £4 a share after that news. A bit of a crunch, a serious downside from the city, and a sentiment that is spooking investors in Retail in general, this since the end of February.
It was very encouraging to see Majestic's buying director showing massive confidence in acquiring 500,000 shares. That shows real balls and belief in the business. Majestic at 395p this morning is a strong buy, so the analysts have not put their necks on the blocks :wink: 'ave they !
A sentiment and a confidence from Justin Althrop BD, not shown by certain very senior executives in our high street banks. I was looking at executive directors dealing in their own shares at the week-end. They get them free, as well as on offer (historical vesting at much lower than current market price) in their executive share schemes, and you can see who the tricky dickies are, at a glance.

My buyerpowa bid did not work for some convoluted reason (just timed out on card payment authorisation) so I shall next visit Majestic instead.

Author:  Shezza [ Tue Mar 25, 2014 3:08 pm ]
Post subject:  Re: Majestic wine profits down YoY

Duncan, I still see the CV GR offer still available so worth giving another go if that's what you were after
Currently at best price of £54 with 10 cases remaining if you're quick

Author:  Duncan [ Tue Mar 25, 2014 4:24 pm ]
Post subject:  Re: Majestic wine profits down YoY

Thanks Shez, cheers. Thanks for the look-up, but I'm probably out now. Somehow I've lost the impetus. I'll see.

Foolishly ....I have just tried again, they say 9 cases remaining, but there are 151 individuals on the leader board. I don't see a QuaffersMonkey on there :lol:

Actually because I've placed an order twice (pressed the submit button again at (15:25) - that has not once more been processed - I'm pi**ed off. I think the ByaPowa site has crashed..

Not happy.

Author:  Shezza [ Tue Mar 25, 2014 7:24 pm ]
Post subject:  Re: Majestic wine profits down YoY

Try emailing the HelpDesk team: hello@buyapowa.com
I've found them to be very helpful in the past with any enquiries I've made

Author:  Duncan [ Tue Mar 25, 2014 8:14 pm ]
Post subject:  Re: Majestic wine profits down YoY

Cheers Shez. A most useful link.

The Co-Buy web link still says that 4 cases are not sold ! And Co-Buy is closed. Yet the leader board was over subscribed at 16:00 today - clearly a Sys problem.

I have emailed them, I'll let you know what transpires.....

Thanks once again.

Author:  GK [ Tue Mar 25, 2014 9:56 pm ]
Post subject:  Re: Majestic wine profits down YoY

Perhaps not such bad news for us consumers, it will stop Maj becoming complacant and losing focus / getting greedy.

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