DUNELM GROUP PLC (DNLM)

DUNELM GROUP PLC (DNLM)

Blog posts

Dunelm Results and Pay at Safestore

The views expressed in this article are those of its author and not necessarily those of ShareSoc. Dunelm (DNLM) published their preliminary results this morning (14/9/2022) – I no longer hold them. They were surprisingly good bearing in mind they are a homeware retailer – sales up 16% and EPS up 30%. Clearly the anticipated vulnerability to rising inflation and consumers being hit by a recession has not yet come to pass although forecasts for next year are lower. They say trading in ...
Post Date: September 22, 2022 Read more

Victoria AGM, Dunelm Results and Brexit Impacts

I attended the Annual General Meeting of Victoria (VCP) in central London yesterday. I have held a few shares in this producer of carpets and tiles since the revolution...
Post Date: September 4, 2019 Read more

Debenhams PrePack, Dunelm Trading, ASOS and Privacy

Department store operator Debenhams (DEB) has been put through a pre-pack administration. It’s been bought by a new company formed by its secured lenders. Mike Ashley of Sports Direct is furious. His company invested £150 million in the shares of the company in the hope of taking it over, which will now be worthless. He had some choice words to say on the subject which included that it was an “underhand plan to steal from shareholders”, “as normal politicians and regulators ...
Post Date: April 12, 2019 Read more

Autonomy, FRC Meeting, Retailers and Brexit Legal Advice

The big news last Friday (30/11/2018) was that former CEO Mike Lynch has been charged with fraud in the USA over the accounts of Autonomy. That company was purchased by Hewlett Packard who promptly proceeded to write off most of the cost – see this blog post for more information: https://www.sharesoc.org/blog/regulations-and-law/belated-action-by-frc-re-autonomy/. As this was a UK company, are we anywhere nearer a hearing in the UK over the alleged “creative accounting” that took place at the company and the failure of the ...
Post Date: December 7, 2018 Read more

CAKE (Patisserie), Foresight 4 VCT AGM, Payment Companies and Dunelm

More bad news from Patisserie Holdings (CAKE) today – well at least you can’t say the directors are not keeping you informed about their dire situation which is not always the case in such circumstances. Yesterday the company announced that its major operating company had received a winding-up petition from HMRC, of which the directors had only recently become aware. Today the company said after further investigation the board has reached the conclusion that without an “immediate injection of capital, the Directors ...
Post Date: October 14, 2018 Read more

Interesting AGMs, or not – Rosslyn and Dunelm

This morning I attended the AGM of Rosslyn Data Technologies (RDT) for the first time. I picked up some shares in a deeply discounted placing that qualified for EIS relief a few months back. One has limited time to research a company on offer when a placing comes up. It looked sound enough at the time although the historic financials did not impress. Prospects looked better after an acquisition although this company has been around a long time without becoming a ...
Post Date: October 19, 2017 Read more

Inconvenient AGM Times – DX Group

I posted only recently about the inconvenient time and location of the AGM of Dunelm. Another example is DX Group (DX.) who scheduled their AGM for 8.30 am in Iver, Bucks on the 6th December. But after representations from investors they have moved it to 10.30 am. It seems that they did not get many investors turn up for the AGM last year. But bearing in mind the share price collapse over the past year, more are expected this year. It is good ...
Post Date: November 21, 2016 Read more

Some Interesting Meetings – Palace Capital, Dunelm, NCC

There are some interesting meetings in prospect for investors. Firstly, I notice Simon Thompson has tipped Palace Capital (PCA) in this week’s Investors Chronicle. He suggests this property investment...
Post Date: October 25, 2016 Read more

AGM Reports

Dunelm (DNLM) 2017 AGM report

I attended the annual general meeting (AGM) of Dunelm, on November 21, 2017, as a proxy for Roger Lawson. Roger had raised the issue of inconveniently timed AGMs in a recent ShareSoc blog, and Dunelm's meeting adds to the impression that some companies arrange their AGMs to avoid private shareholders from attending. It is a pity, because Dunelm is a good company, and the directors were more than happy to talk about their business both before and after the meeting. Dunelm's meeting ...
Post Date: November 27, 2017 AGM Date: November 21, 2017 Author: Bill Hall Read more

Dunelm (DNLM) AGM Report 2015

I attended the Annual General Meeting of homewares retailer Dunelm on the 24th November. Dunelm have a habit of picking inconvenient locations and times for their AGMs, but this year it was in London near Kings Cross. But the actual venue at the back of the Station was difficult to find and with a time of 9.30 a.m. I only just got there in time. There were about 20 people in the meeting, but most of them seemed to be staff or ...
Post Date: November 5, 2015 AGM Date: November 24, 2015 Author: Roger Lawson Read more

Dunelm (DNLM) AGM Report 2014

Yesterday (11/11/2014) I attended the Annual General Meeting of Dunelm in London at the offices of MHP Communications. Last year it was in Lincoln so I thanked the directors for the change, although the time of 9.30 a.m. was not particularly good. It seems they like to move the AGM around, but there were still very few ordinary shareholders present - about half a dozen I would guess. Dunelm is a homeware retailer (soft furnishings etc) mainly from large out of town ...
Post Date: November 12, 2014 AGM Date: November 11, 2014 Author: Roger Lawson Read more