Carpetright Share Discussion Threads

[gleach23] 11/4/2016 09:14

Healthy buying this morning so far :)

[duncan doughnut] 08/4/2016 12:54

I bought into these today.

Naked Trader has closed his short and looks like more heavy short closing today, or buying.

The company has a trading update this month which may prove interesting.

[opodio] 07/4/2016 08:43

Institute of Carpet and Floorlayers says business is slow

[opodio] 07/4/2016 08:31

no position but may buy when they warn and it falls to 200p

[eastbourne1982] 07/4/2016 00:49

The chart makes these look cheap however the fundamentals don't correspond with that imho, the rating remains relatively high when you look at the profits, no dividend, not a lot of cash etc etc. I don't see how anyone could buy these with a great deal of conviction.

Who the hell was buying these above £5 - £6, whoever it was doesn't spend much time doing their homework.

[gleach23] 06/4/2016 19:15

Agree shauney2 - I've been buying a few down here.
Do you mean 3rd eye and opodio?

[shauney2] 06/4/2016 15:38

No position here but these look interesting now ahead of the trading update.

Ps the 2 previous post are by the same person.

[opodio] 06/4/2016 15:32

got to be a profit warning here as housing narket slows

[blondeamon] 16/3/2016 20:37

Volume still low but picking up a bit, a few good days of high volume should clear this and turn higher.

Not long before results, I wonder if we'll see a wave of re-ratings afterwards.

[blondeamon] 15/3/2016 23:32

Dipped my toe yesterday and placed some buy orders nearby, let's see where this week will take us.

[3rd eye] 15/3/2016 16:06

Meanwhile, shares in Carpetright (LSE: CRP) are up by around 7% today despite no significant news having been released by the company. Despite this rise, its shares are still down by 29% since the turn of the year, but over the medium term they could easily recover lost ground.

A key reason for this is the company’s upbeat earnings forecasts. In the current financial year, Carpetright is expected to increase its bottom line by 23%, with further growth of 30% next year and 23% in the following year being pencilled in. This means that its net profit could be as much as 97% higher within the space of three years, which has the potential to act as a positive catalyst on its share price.

And while there are uncertainties surrounding the performance of the UK and European economies, Carpetright’s price to earnings growth (PEG) ratio of 0.5 indicates that there is a sufficiently wide margin of safety on offer to merit purchase right now.

[wanttowin] 15/3/2016 15:19

That article is over a year old opodio

[3rd eye] 15/3/2016 14:13

After 9 to 12 months in and out of shorting CRP Carpetright, ive decided to go long and am building a position.

It looks derd cheap now and ticks all the right value boxes for growth over the next few years.

Heres the Motley fool yesterday summing it up...... (sold WPP for a small profit for my one in one out current policy)

Meanwhile, shares in Carpetright (LSE: CRP) are up by around 7% today despite no significant news having been released by the company. Despite this rise, its shares are still down by 29% since the turn of the year, but over the medium term they could easily recover lost ground.

A key reason for this is the company’s upbeat earnings forecasts. In the current financial year, Carpetright is expected to increase its bottom line by 23%, with further growth of 30% next year and 23% in the following year being pencilled in. This means that its net profit could be as much as 97% higher within the space of three years, which has the potential to act as a positive catalyst on its share price.

And while there are uncertainties surrounding the performance of the UK and European economies, Carpetright’s price to earnings growth (PEG) ratio of 0.5 indicates that there is a sufficiently wide margin of safety on offer to merit purchase right now.

[napoleon 14th] 14/3/2016 08:23

Agreed, blondie.
I'm watching for now - CPR looks cheap, but looks even cheaper the next day!

[blondeamon] 13/3/2016 11:17

Looking to get a stake here this week, company fundamentals seem to be improving and it's a similar story to THT with store closures vastly improving the bottom line.

Might visit 3£ again though, seems way too oversold/shorted and market unconvinced on recent progress. Risky still but seems to me that upside is more probable than further falls.

Time will tell.

[gleach23] 11/3/2016 17:21

Took an initial stake at 342p a couple of weeks ago and held a bit back in case they tested 300p again, so watching with interest.

CEO bought 25k @ 400p as recently as about 6 weeks ago and pre close update scheduled for 26 Apr. Plenty of time for price to drift down and perhaps begin to recover ahead of update?

Neptune's stake has been see-sawing around 16/17/18% since last August so it's difficult to know whether they intend to sell further.

[napoleon 14th] 11/3/2016 16:40

Wooops!!!

& there I was thinking I'd done a doodoo selling out...

Surely there's a support/floor at 300p, rather than a flaw?

[wanttowin] 24/2/2016 17:48

Neptune dumping shares again

[rubberbullets] 11/2/2016 22:19

base at 300p on chart, might hit it after the profit warning recently

[dlku] 08/2/2016 14:56

something not good here

[dlku] 08/2/2016 14:42

going into a black hole

[eggbaconandbubble] 02/2/2016 16:13

Up 13p! Do you think someone has just realised that all those folk who got flooded this winter will need some new flooring?????

[lauders] 31/1/2016 00:25

Thank you for your reply Eastbourne1982. I know about ENTU but not a holder. You may be correct and CPR could continue down for a while. It is certainly volatile & perhaps it would be best to cut my losses (not too large but always hard to do!) & use the money somewhere else. Trouble is that this strategy may not work and the money goes somewhere else even worse. Think I will see if it dips anymore and perhaps top-up as I can see a reinstated divided down the line & a positive reaction to that event. I can wait here. Wilf Walsh is no dummy and the recent director buys have made me a bit more comfortable here. Let's see how it goes and good luck with ENTU and Bonmarche!