B&M European Value Retail

B&M European Value Retail

B&M European Value Retail on the Web and Social Media

B&M European Value Retail News, Fundamentals and Discussion on:

B&M European Value Retail page on Interactive Investor
B&M European Value Retail page on Financial Times
B&M European Value Retail page on ADVFN
B&M European Value Retail page on London South East
B&M European Value Retail page on Bloomberg Markets
B&M European Value Retail page on This is Money
B&M European Value Retail page on Motley Fool
B&M European Value Retail page on Proactive Investors
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B&M European Value Retail Socially Speaking

B&M European Value Retail RNS, News and Media

Headline

31 Aug 2017
B&M European - Total Voting Rightsfrom Interactive Investor
7 Aug 2017
B&M European - Director/PDMR Shareholdingfrom Interactive Investor
2 Aug 2017
B&M European - Acquisition of Heron Food Group Limitedfrom Interactive Investor
31 Jul 2017
B&M European - Result of AGMfrom Interactive Investor
13 Jul 2017
B&M European - Block Listing Applicationfrom Interactive Investor
12 Jul 2017
B&M European - Trading Statementfrom Interactive Investor
22 Jun 2017
B&M European - Annual Financial Reportfrom Interactive Investor
9 Jun 2017
B&M European - Holding(s) in Companyfrom Interactive Investor
7 Jun 2017
B&M European - Director/PDMR Shareholdingfrom Interactive Investor
7 Jun 2017
B&M European - Holding(s) in Companyfrom Interactive Investor

B&M European Value Retail Charted

B&M European Value Retail Discussion on Interactive Investor

Asda by meattrader

  Wed, 26 Jul 2017 10:24:00 GMT
A bid would value shares at £4-40 may be worth a punt.
By meattrader

Re: Another company not paying their fai... by Ripley94

  Mon, 24 Jul 2017 08:45:00 GMT
It was also in Sunday papers share price up 4%
By Ripley94

Re: Another company not paying their fai... by Ripley94

  Mon, 24 Jul 2017 06:47:00 GMT
Ramp on LBC .. Nick Farri.... breakfast show. ( David Buick )
By Ripley94

Shareholder value by valerija

  Fri, 02 Jun 2017 07:37:00 GMT
Mmm - yet another example of looking after those on the inside. Placing at 10p discount to the weeks high, and with 192 million traded already this morning just how many of those are shorts now closing.
Liquiditity remains with the chosen few and the private investor been rolled over once again.

Seems a strong business but seems to revolve around it being a money churning machine for those on the inside.
At least no £100m special dividend give away this year!
By valerija

Excellent Trading update! by Phillip Reid

  Wed, 04 Jan 2017 14:52:00 GMT
We have it all in front of us, this is the way forward in retailing in the UK and Germany. SP up over 10percent as I write.

''RNS Number : 2610T
B&M European Value Retail S.A.
04 January 2017

B&M European Value Retail S.A. Trading Update

Record Christmas trading drives strong Third Quarter

B&M European Value Retail S.A. ("the Group"), the UK's leading multi-price value retailer, today provides a trading update for the third quarter of its current financial year, relating to the period for the UK from 25 September 2016 to 24 December 2016 and for Germany from 1 October 2016 to 31 December 2016.

Highlights

● Group revenue growth in the quarter of 20.5% at constant currency, including a 7.2% rise in UK like-for-like revenues

● Strong operational and financial performance through the peak trading period, including good Christmas seasonal sell-through

● Management is confident that the Group will meet market expectations for Adjusted EBITDA in the financial year to March 2017

Regards
PR
By Phillip Reid

Citywire by itsfatboyjim

  Fri, 15 Jul 2016 07:18:00 GMT
B&M shares at attractive entry point
Shares in home retailer B&M Retail (BMEB) have slipped but the fundamentals remain unchanged.

Numis analyst Matthew Taylor retained his ‘buy’ recommendation and target price of 350p on the stock following ‘robust growth in Q1’. The shares rose 6% to 271.5p yesterday, but are down 13% since the beginning of June.

‘Given the high probability of growth, which is almost entirely driven by the proven store roll out, we think the recent fall in the share price provides a very good opportunity to buy the shares at an attractive valuation,’ he said.

‘Fundamentals unchanged, shares have slipped: we view B&M as relatively insulated from the negative “Brexit” implications for the sector, mainly around currency and consumer confidence. The dollar sourcing exposure is relatively low and largely hedged for full-year 2017.’
By itsfatboyjim

Good Timing ! by Phillip Reid

  Thu, 14 Jul 2016 21:37:00 GMT
Nice timing for a change!
Bought in yesterday - Upnearly 6% today

Q1 Trading update today - Total Group revenue increased by +21.5%.

From Tr. update - "Financial Position and Outlook

The Group's financial position remains sound and we are confident of meeting full year market consensus profit expectations. "

LTH - Good growth stock - plenty more countries in Europe to enter after consolidating in Germany and UK.

PR
By Phillip Reid

Re: BME Broker UPDATE................ by Leslie48

  Tue, 09 Feb 2016 15:51:00 GMT
There's an inevitably that this company will do well given some of its forceful management experience ; I am impressed with its prices too. Given the way incomes are going as Tory austerity hits low pay families and others older - its growth is assured.
By Leslie48

Re: BME Broker UPDATE................ by oldjoe1

  Tue, 05 Jan 2016 07:44:00 GMT
B&M European Value Retail BME Jefferies International Buy 281.00 278.50 400.00 400.00 Reiterate

SP Target 400p
By oldjoe1

BME, Possible 25% Upside..... by oldjoe1

  Tue, 05 Jan 2016 07:40:00 GMT
<b>B&M European Value Retail SA 25% Potential Upside Indicated by Deutsche Bank
Posted by: Ruth Bannister 4th January 2016</b>

B&M European Value Retail SA using EPIC/TICKER code LON:BME has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. B&M European Value Retail SA are listed in the Consumer Services sector within International Main Market. Deutsche Bank have set their target price at 350 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 25% from today’s opening price of 280 GBX. Over the last 30 and 90 trading days the company share price has decreased 29 points and decreased 40 points respectively.

B&M European Value Retail SA LON:BME has a 50 day moving average of 314.40 GBX and the 200 Day Moving Average price is recorded at GBX. The 52 week high for the share price is currently at 361 GBX while the 52 week low is 275.25 GBX. There are currently 999,999,957 shares in issue with the average daily volume traded being 1,445,792. Market capitalisation for LON:BME is £2,833,999,817 GBP.

B&M European Value Retail SA is a United Kingdom-based holding company of the Group. The Company is engaged in variety retailing in the United Kingdom and Germany. It operates in two segments: the UK retail segment, including grocery retailers and general merchandise retailers, and the German retail segment.
By oldjoe1

BME Broker UPDATE................ by oldjoe1

  Mon, 04 Jan 2016 06:45:00 GMT
B&M European Value Retail BME Deutsche Bank Buy 285.00 284.70 385.00 350.00 Reiterates

SP TARGET 350p
By oldjoe1

BME, Broker Update........ by oldjoe1

  Thu, 17 Dec 2015 07:21:00 GMT
<b>B&M European Value Retail SA (BME) Receives Buy Rating from Investec
December 15th, 2015</b>

B&M European Value Retail SA logoB&M European Value Retail SA (LON:BME)‘s stock had its “buy” rating reissued by equities researchers at Investec in a research note issued on Tuesday, MarketBeat.Com reports. They presently have a GBX 380 ($5.73) target price on the stock. Investec’s price target indicates a potential upside of 32.68% from the company’s current price.

B&M European Value Retail SA (LON:BME) opened at 288.0000 on Tuesday. The stock’s market capitalization is GBX 2.88 billion. B&M European Value Retail SA has a 52 week low of GBX 261.25 and a 52 week high of GBX 361.00. The company has a 50 day moving average of GBX 317.07 and a 200 day moving average of GBX 331.26.

The firm also recently disclosed a dividend, which will be paid on Friday, January 15th. Stockholders of record on Thursday, December 3rd will be given a GBX 1.60 ($0.02) dividend. This represents a dividend yield of 0.52%. The ex-dividend date is Thursday, December 3rd.



Several other research analysts have also recently weighed in on BME. Peel Hunt assumed coverage on B&M European Value Retail SA in a research report on Thursday, November 26th. They set a “buy” rating and a GBX 440 ($6.63) price target for the company. Deutsche Bank reiterated a “buy” rating and set a GBX 385 ($5.80) price target on shares of B&M European Value Retail SA in a research report on Friday, November 13th. Numis Securities Ltd reiterated an “add” rating and set a GBX 375 ($5.65) price target on shares of B&M European Value Retail SA in a research report on Tuesday, November 17th. Jefferies Group reiterated a “buy” rating and set a GBX 400 ($6.03) price target on shares of B&M European Value Retail SA in a research report on Wednesday, November 18th. Finally, Nomura reiterated a “buy” rating and set a GBX 370 ($5.58) price target on shares of B&M European Value Retail SA in a research report on Monday, December 7th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the stock. B&M European Value Retail SA currently has an average rating of “Buy” and a consensus price target of GBX 380 ($5.73).

B&M European Value Retail S.A. is a United Kingdom-based holding company of the Group. The Company is engaged in variety retailing in the United Kingdom and Germany. It operates in two segments: the UK retail segment, including grocery retailers and general merchandise retailers, and the German retail segment. It sells a range of grocery and fast moving consumer goods (LON:BME) products in its B&M stores. Its FMCG products include do it yourself and decorating goods, household goods, food, confectionery, soft drinks, alcohol, and toiletries and seasonal goods. It sells non-grocery products under various categories, such as housewares, electrical, gardening, toys and pet care. Its grocery products are ambient food, drink and confectionery lines. It also operates under categories, such as sports and leisure, home and living, everyday essentials, stationery, clothing and footwear, gifts, baby and winter fuel. Its brands include Duracell, Kellogg’s, Coca-Cola and Nestle, among others.
By oldjoe1

Tipped in th Guardian - New Years Day by gamesinvestor

  Thu, 01 Jan 2015 09:28:00 GMT
"""""Sean Farrell

B&M European’s shares haven’t caught fire since July’s flotation and sit at 285p. But 2015 could be the year the discount general retailer demonstrates its worth. Like Aldi and Lidl, B&M has gained from squeezed household budgets and the rise of bargain hunting. The Liverpool-based group has about 400 stores but hardly any in the south of England. It has ambitious plans to put that right through a new store programme that is ahead of schedule. B&M, chaired by former Tesco boss Sir Terry Leahy, is also expanding in Germany, home to some of Europe’s most frugal shoppers."""""

I expect they will continue to pay little or no tax on the stores in the south as well Spain -- unless George Osborne is successful in changing the tax rules. I doubt he will, other than to make a lot of noise to appeal to the voting public.

Games
By gamesinvestor

Re: Another company not paying their fair sh... by Spain Fund

  Sat, 14 Jun 2014 08:13:00 GMT
From Daily Mail:

Sir Terry Leahy's stake in newly floated firm B&M is stashed in the murky waters of a fund registered in the Cayman Islands
By RUPERT STEINER
PUBLISHED: 22:14, 13 June 2014 | UPDATED: 22:14, 13 June 2014

Sir Terry Leahy’s stake in newly floated discount chain B&M is held through a fund registered in the Cayman Islands.
Leahy, chairman of the Woolworths-style discount chain, which has floated for £3billion, is a retail grandee and one of Britain’s most highly regarded businessmen.
The former Tesco chief executive this week helped the Government launch the International Festival for Business to promote Britain’s economic interests.
Fund base: The UK based retailer has its tax domicile in Luxembourg, and the main shareholders have links to the tax-efficient Cayman Islands

But the details contained in B&M’s prospectus will raise eyebrows.
It shows that the UK-based retailer has its tax domicile in Luxembourg, and the main shareholders have links to the tax-efficient Cayman Islands.
Leahy is a senior advisor to US investor Clayton Dubilier & Rice (CDR) which owns 60 per cent of B&M.

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Three brothers set to make £1bn from float of discount retailer B&M which sells toys and furniture in the north of England
In the fine print of the prospectus it says: ‘Sir Terry Leahy has an interest in the shares held through CD&R Holdco as a result of his interest in CD&R Fund VIII.’
The document goes on to say that CD&R Holdco, also known as CD&R European Value Retail Investment, is ‘a Cayman Islands limited partnership owned by the CD&R Investors, which is managed by CD&R’.
The prospectus reveals B&M paid just £6.9million in ‘income tax expenses’ on sales of £1.2billion for 2014.
The company is a candidate for the FTSE100 index of leading shares and has been one of the biggest UK floats this year.
According to the prospectus, ‘the company is a fully taxable company resident for tax purposes in Luxembourg’.

The prospectus also says it benefits from certain tax advantages.
‘As a fully taxable Luxembourg resident company, the company should, from a Luxembourg tax perspective, be able to benefit from double taxation treaties and European directives in direct and indirect tax matters,’ the document adds.
The three Arora brothers who founded the Manchester-based business have already made £380million from the 60 per cent stake sale to CD&R.
Last week they made a further paper fortune of £1.2billion from the 40 per cent stake they retain in the business.
Simon, Bobby and Robin Arora set up B&M Retail in 2004 selling toys, furniture, and food, mainly in the north west of England.
Conditional dealing started on Thursday with the shares priced at 270p. This was at the top end of the 230p to 290p range for the retailer.
Despite their wealth, the brothers will also benefit from paying no inheritance tax under Luxembourg tax laws.
‘No estate or inheritance tax is levied on the transfer of the shares upon death of shareholder of the company in cases where the deceased was not a resident of Luxembourg for inheritance tax purposes,’ the prospectus says.
B&M follows Poundland in being the latest discounter to float, capitalising on a boom in the sector.
The company saw pre-tax profit fall to £3.6million in the year to March 29, 2014 from £62.2million.
Much of the fall was due to financial restructuring which cost £102million.
Boss Simon Arora went to Manchester Grammar School, studied law at Cambridge and headed to the City where he cut his teeth at McKinsey, Barclays and 3i.
In 1995 he and his brothers created Orient Sourcing Services and sold soft furnishings to Argos and BHS.
They sold this business in 2004 and bought B&M, which had just 21 discount stores with a turnover of £65million.
Expanding the group out of cashflow, they grew to 300 stores in just seven ye
By Spain Fund

Another company not paying their fair share of tax by Spain Fund

  Fri, 13 Jun 2014 09:19:00 GMT
IPO float prospectus has not been released in the UK where the firm conducts business and is floating. Instead the crucial document was made public in tax-efficient Luxembourg. Details contained in the prospectus show the firm paid just £6.9million in ‘income tax expenses’ on sales of £1.2billion for 2014.

I think any company trading in the UK should be taxed at source.
By Spain Fund