EDV - Endeavour Group

Can this ASX stalwart capitalise on the "drink at home" and "the return to pub"?​

i hold EDV , courtesy of the WOW spin-off

CEO Steve Donohue said Dan Murphy’s customers are “absolutely” still willing to spend $40 on a bottle of wine or a premium champagne, but they expect a good deal.

“Through COVID and on the back of COVID people were much more focused on convenience, but there seems to be more of a shift into just getting the price right."

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And a big part of keeping customers 'sticky' is the loyalty card.

.... Nearly 80 per cent of all sales at Dan Murphy’s during the year were accompanied by a customer scanning their little black My Dan’s card.

What’s more, those 80 per cent of transactions led to about 90 per cent of Dan Murphy’s sales, according to Steve Donohue. So, not only are My Dan’s members turning up in droves to shop at Dan Murphy’s and happy to give their details at the checkout, they are spending more when they get there.

Why? Because the program offers cheaper prices. It is that simple. It is not about points or getting customers access to some special rate from some other company, but about getting the best price in town.

As a result, Dan Murphy’s knows exactly what each customer is buying, when they are buying it and perhaps even what triggered the purchase decision. The retailer can trace prices through to shopping decisions, and have a better chance of luring them back in the future.

Donohue says the program modernises the old adage of retailing – understand what your customer wants and give it to them.

divs4ever said:

Can this ASX stalwart capitalise on the "drink at home" and "the return to pub"?​

Can this ASX stalwart capitalise on the "drink at home" and "the return to pub"?

No company benefits more from the Australian need for a good tipple. But can it navigate new headwinds in its pubs?

www.livewiremarkets.com

i hold EDV , courtesy of the WOW spin-off

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The 'drink at home' has been going on for yonks. Is this article comparing the now to the Covid era? And, the 'return to pub' This has been the case pre Covid, so I don't understand what all the kerfuffle is about.

Edit: EDV may not survive if our population is reduced by half, God forbid.

eskys said:

The 'drink at home' has been going on for yonks. Is this article comparing the now to the Covid era? And, the 'return to pub' This has been the case pre Covid, so I don't understand what all the kerfuffle is about.

Edit: EDV may not survive if our population is reduced by half, God forbid.

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depends on which half , vanishing government employees may be a tailwind , chaos galore but think of the trees saved

Save the trees and splash on water?

EDV's short graph

tage ShortedSep-2022Nov-2022Jan-2023Mar-2023May-2023Jul-202300.511.522.533.5




*ASIC data delayed by 4 trading days (T+4)

Most Recent Short Sales​

Data graphed above represents aggregate short sales, provided by ASIC with a lag of 4 trading days (T+4). The ASX releases non-aggregated daily short sales figures which can be used as an indication of short sales activity within this 4 day window. These figures are released by the ASX daily and cover the previous days activity and can be found here

That's too many days' delay if we don't open up the 'here'

Ex dividend yesterday, up 8 cents today....? appears to be a new phenomenon recently

EDV has been interesting trading the last couple of days, low in the mornings and high in the afternoon.

eskys said:

Ex dividend yesterday, up 8 cents today....? appears to be a new phenomenon recently

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short-sellers handing back their ( loaned ) shares perhaps ??

did they actually ban div. stripping over here , i know they were trying to in Germany ?

HVN sometimes bounces ex-div. as an example after a heavy slide ( cum-div. )

If they've shorted before dividends, isn't it tricky when it goes ex? They will have to cover the divs too? I don't understand shorting, divs. Only an assumption I'm making...perhaps a shorter can come in and explain it?

eskys said:

If they've shorted before dividends, isn't it tricky when it goes ex? They will have to cover the divs too? I don't understand shorting, divs. Only an assumption I'm making...perhaps a shorter can come in and explain it?

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i don't understand short-selling well either , which is why i don't do it

however as i understand it you ( the short-seller ) BORROW Australian shares from say Vanguard ( clients ) or Perpetual ( clients ) ( and others )

so the div. should stay with the the registered owner , not the borrower( short-seller )

please note , last i heard selling shares you do NOT own ( or have borrowed via a contract ) is highly illegal ( hoping to buy back cheap during the day ) .. but maybe not is some other overseas nations

watch CLW it has been dropping in recent days and goes ex-div. soon ( i think Thursday ) see if that bounces when it turns ex-div. or continues to slide

CLW shares appear to be in a long-term bearish trend confirmed by multiple indicators. Long-term, the 200-day moving average is falling and shows that demand for this stock is low. In the Medium-Term, the 5-day moving average is beneath the 50-day moving average. Finally, the stock has been trending lower in the near-term. Taken together, this is evidence that investors see little opportunity in owning this stock at this time.

divs4ever said:

watch CLW it has been dropping in recent days and goes ex-div. soon ( i think Thursday ) see if that bounces when it turns ex-div. or continues to slide

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Thanks, divs. I'll add it to my watchlist.......have a great evening, see you tomorrow

eskys said:

CLW shares appear to be in a long-term bearish trend confirmed by multiple indicators. Long-term, the 200-day moving average is falling and shows that demand for this stock is low. In the Medium-Term, the 5-day moving average is beneath the 50-day moving average. Finally, the stock has been trending lower in the near-term. Taken together, this is evidence that investors see little opportunity in owning this stock at this time.

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well it is a REIT with all the bonuses and dangers , but it does pay 3 monthly

so the 'value' can be either income on capital gain , in a scenario many expect property values to fall ( like today's news for China on property values)

now the key with REITs is LEVERAGE how much have they borrowed compared to the asset values and can the income cover the interest payments

i expect most companies are in a long-term bearish trend when you consider the real economy ( some hide it better than others)

EDV...it opened higher than yesterday, went down again and now at 5.31....hope it goes nowhere and do this the same everday...but some won't like what I say..

Correction: I'm losing the plot, it opened the same as yesterday.

Anyone think there's a potential turnaround story to watch for here for the long term investor? I've seen news about board girations to getting in back on track. Not sure if that's all that's needed.

management have to prove themselves first ( after all they stole the previous head honcho to run WOW )

then you have to guess how painful the next five years will be in the economy , but you have two addictions ( alcohol and gambling ) to give it some income ( unlike say movie theatres )

i hold EDV but i got some of them via the WOW demerger ( they ones i bought cost me $5.25 , but i didn't buy many , i think nibble nibble is the way to go here )

Endeavour Group updates Shareholders Sydney:

Wednesday, 6 December 2023 Endeavour Group Limited (ASX:EDV) will today deliver an update on its Hotels business, outlining a clear growth strategy and plan to deliver improved returns for shareholders.

Endeavour Group Managing Director and CEO, Steve Donohue, said: “We have an unrivalled portfolio of brands and businesses with a proven track record of growth and profitability. Across the business, we are focused on executing our strategy - creating meaningful customer experiences, optimising across our business, and deploying capital in a prioritised way to drive growth.

We do this while maintaining a continuous focus on our team, and our positive imprint. “Endeavour is uniquely positioned to deliver superior returns from hotel licences across our interconnected hotel and retail network, capitalising on the integrated nature of our businesses and leveraging shared infrastructure, licensing and group capabilities to drive value.
We expect to grow Hotels EBIT by more than $150 million over the next five years, through operational optimisation and property investment. “We are strengthening our customer understanding and driving further innovation in our Hotels business, by progressively launching our pub+ app. pub+ will provide customer connections that will help us to deliver a superior pub experience, with personalised offers across our network of more than 350 hotels.
“With an unparalleled portfolio of assets, we’re excited about the potential to create great guest experiences and generate growth across all aspects of our hotels, from food and beverage to functions, gaming and accommodation. “Alongside our Hotels strategy, we have shared a scorecard outlining the targets and measures of success that we are holding ourselves accountable to deliver across the Group. These targets cover our financial, sustainability and responsibility goals and reflect our commitment to delivering for our shareholders in both the short and long term. “I am very confident that we are positioned to deliver for shareholders through our leading portfolio of brands and businesses.”
Delivering strong shareholder value Shareholder value creation of 10%+ from F26 1 :
● High single-digit EPS growth
● Dividend payout ratio 70-75%
● Cash conversion ratio of 90-110%, funding recurring capital and dividends from free cash flow.
● Expand ROFE year-on-year.
● Lease adjusted leverage of 3.0 - 3.5x. 1 Sum of EPS growth and dividend yield; assuming stabllised interest rates and inflation environment

Endeavour Group Limited ACN 159 767 843 | 26 Waterloo Street, Surry Hills, NSW, 2010 ASX Announcement | 06/12/2023 Creating a more sociable future together’



To access the Endeavour Group Investor Day webcast please register using this link: https://webcast.openbriefing.com/edv-id-2023/

i hold EDV but i got some of them via the WOW demerger

sounds pretty lame to me , but i think pubs/retail are heading for tough times so maybe a dash of realism is mixed in there

Endeavor Group (ASX: EDV) Continues to Grow the Hotel Business​

i hold EDV but i got some of them via the WOW demerger

now the thing that keeps me interested here ( but not super-excited ) is the wine-making businesses that they have swallowed up , not so much that i am a wine fan , but they are producing/value-adding some of the products they retail , you could always export some of the wine( and any other beverages ) produced should the retail side hit a large speed bump

am still cautious here , will be nibbling carefully ( unless they really mess things up ) if this slide below $4.50