Lewis Group (JSE: LEW) share price, discussion & sentiment

Worth reading their latest SENS on credit quality. Holding.

Do you think the furniture retail cycle matters here or is LEW just a credit story at this point. Cash sales seem to be getting squeezed, credit's holding up but for how long with rates where they are.

LEW closing at R94.26 is still cheap for furniture retail, especially if they can tighten up that credit book. Credit loss ratios have been gnawing at margins but demand side looks solid with all the load-shedding driving people to upgrade appliances. Furniture retailers usually trade 0.6x book, we're closer to 0.5x, feels like there's legs here if they execute.

Lewis bleeding furniture but balance sheet solid.

LEW up 1.68% to R89.49 today but the stock's still down nearly 20% YTD. With that dividend yield looking decent at current levels, are we seeing oversold territory here or is there something fundamentally broken in their credit book that the market's pricing in?

lewis credit book is still dodgy after last rerates. h1 numbers showed stress in collections, debtors hitting harder with load shedding killing discretionary spend. furniture retail is cyclical anyway but lew's leverage on credit makes it messier than picks n pay or shoprite when things tighten up.

LEW at R91.50 is looking decent honestly, furniture retail has been brutal but at least they're still moving stock to regular people who need credit. compare that to the big boys struggling and lewis is holding up. might be a boring hold but the dividend keeps coming and thats what matters when everything else is noisy lol

Lewis credit book got hammered but at R91.50 the yield is starting to look decent if they can stabilize collections. Furniture retail is brutal in this economy, load-shedding killing the smaller players, but Lewis has scale that Ellerines doesn't. If they can get impairments under control next half then maybe worth holding through the cycle.

Need some Springbok resilience with LEW at R91.50, hey

LEW sitting at R88.00 but the real question is whether they can grow credit sales without blowing out bad debts. Furniture retail is brutal right now with load-shedding killing foot traffic, but if they can stabilize margins and maybe do a decent BEE deal, there's value here. Need to see the next results before getting excited though.

Lewis furniture game weaker than Bafana's defence lately

LEW sitting at R88.00, furniture retail is brutal with load-shedding killing foot traffic but credit sales holding up okay. Need to see if they can push market share while competitors are struggling, balance sheet looks manageable. Once they land a decent contract with say Eskom or similar for bulk orders, that changes the story completely.

LEW sitting at R88.00 after that earnings miss last quarter, credit book still taking strain from the load-shedding impact on consumer spending. Furniture retail's getting hammered but Lewis's got the cash position to ride it out, unlike some of the weaker players. If they can stabilize bad debts and get store foot traffic moving again once power stabilizes, could be interesting value here for patient money.

do you think lew can actually grow credit sales without getting hammered on bad debts. their whole model depends on that mass market credit appetite and load-shedding is killing discretionary spend. at r88.00 feels like people are pricing in a recovery that might take years.

Worth a deeper dig on LEW balance sheet, credit book holding up better than expected

lewis group surviving on credit sales to broke consumers. margins getting squeezed, competition from takealot killing them. whats the thesis here besides hoping load-shedding stops, lol no

LEW's holding the line like the Boks' defense, mate.

Topped up a bit more LEW at 82.41 after that dividend hiccup sorted itself out, reckoning the furniture cycle still has legs if consumer credit conditions hold.

LEW sliding 0.74% today but the furniture retail story hasn't fundamentally broken. Revenue growth from the lower LSM segments is still grinding away, so unless we see dividend cuts or credit losses spike, this dip feels like noise rather than a trend shift.

Lewis Group sitting at R8250 is interesting from a retirement planning angle because furniture retail tends to be countercyclical to economic stress, though their leverage and consumer credit exposure keep me cautious on anything beyond a 3-5 year horizon. The dividend yield beco