Carpetright Share Discussion Threads

[allstar4eva] 13/5/2016 15:42

My recent position was only small. I haven't been in the market in any meaningful way for some time. Only the odd small trade here and there.

[allstar4eva] 13/5/2016 15:33

It can always get cheaper. It can also reverse quickly. Who knows?

[blondeamon] 13/5/2016 14:18

Not really if you believe in what you are buying and know it well.

My average was £3.51 and I just bought again at £2.82

Compared to my average I am down 19.6%. But if it goes back up to 351 I will gain 24% so averaging down works quite well even if it goes back to where it was before you're still in profit.

Assuming of course you believe it will go back up and higher which I do, I am not selling until I see £4.5 and a dividend.

You haven't answered if you see something wrong with the company to explain your negative view though. Do you have a position?

[allstar4eva] 13/5/2016 13:46

Averaging down is dangerous no?

[che7win] 13/5/2016 11:35

P/E of 10 here is around 160p from memory isn't it?

[blondeamon] 13/5/2016 11:13

PEG at 0.4 eva, doesn't get much better than that.

Everyone responsible for their actions and I am happy with mine. This company is ridiculously oversold and will correct at some point.

I am not trading this, just increasing my holdings and averaging down.

Can you think of something negative about the company or do you just look at the SP?

[allstar4eva] 13/5/2016 11:04

Dangerous game blonde. Hope newbies aren't too too much notice of your posts...

[allstar4eva] 13/5/2016 11:00

You might love it even more at £2.00p?

[blondeamon] 13/5/2016 10:16

You should all read this, the guy described everything that's going on here:

[blondeamon] 13/5/2016 10:15

Today I freed up some funds and significantly increased my holding (+25%) as I believe this is a hell of an opportunity to take advantage of market conditions to buy a well run company in the cheap.

I really liked this at 350p and I can only love it now at 285p. The company is doing all the right things, is in a significantly better position than it was 3 years ago but its share price is now less than 60% of what it was then.

CEO and FD splashed £150k of their own money at 400p and 300p and they know the company better than any of us. Company is improving in all fronts and a dividend is not far now which will attract more Institutions.

This is a long term holding for me at the moment, I believe fair value to be at 450p with the potential for massive improvements overseas and their International Sales to grow.

Everyone DYOR but it's hard to find companies in such discount, whether it's Brexit or Neptune to blame here I don't really care as I get these in a much better price than otherwise would be possible.

[toffeeman] 10/5/2016 08:07

Don't worry - climate change means loads more floods so Carpetsh1te will get all the insurance work and the share price will react :)

[rubberbullets] 10/5/2016 06:43

160p coming on CPR imho

[zho] 09/5/2016 16:32

Are we sure it's Neptune? Only modest volume today and Neptune have 8 or 9 million to get rid of if they're selling out completely.

[allstar4eva] 09/5/2016 16:31

Looking pretty bad. Big Chart support gone?

[blondeamon] 09/5/2016 16:29

Fully invested unfortunately but keeping an eye on it. This is just ridiculous, Neptune is destroying their client's wealth.

[allstar4eva] 09/5/2016 15:37

Blonde you still buying?

[allstar4eva] 09/5/2016 14:39

Blonde u still buying?

[rubberbullets] 08/5/2016 22:42

hxxps://www.introducertoday.co.uk/breaking-news/2016/4/first-signs-of-housing-market-slowdown

[rubberbullets] 08/5/2016 22:42

hxxps://www.introducertoday.co.uk/breaking-news/2016/4/first-signs-of-housing-market-slowdown

[rubberbullets] 07/5/2016 21:26

heading straight down to 160p on the next warning
that is why, i feel, neptune are selling and they have 13% that could hit the market and tank this quick

[blondeamon] 07/5/2016 21:23

It's not an ideal situation but it's one of these cases where the PI has a unique opportunity to buy a great company in a ridiculous price. But that entails that you will wait it out and do not trade this.

Once Neptune is done this will IMO spike hard back to where it was last year and higher as the results will keep coming back positive and a dividend might be in the horizon soon.

The trick is to have your position before that. Happy holder here, nothing changed with the company, it's still doing great and will publish great results soon.

[napoleon 14th] 07/5/2016 09:58

LOL the last two.............

I'm holding on the basis that Neptune don't want to break that 300p support,
even if they want out down to zero. They must surely know that as they'll get
far less for their shares if they don't behave wisely.

Of course, betting on others being intelligent can be a mistake; look at Saudi!

[toffeeman] 06/5/2016 18:20

Nah - Carpetsh1te

[1fox1] 06/5/2016 18:07

I think a change of name might help. How about Carpetwrong?