United Carpets Share Discussion Threads

[my retirement fund] 14/3/2016 22:33

Hmmm Carpetright have hit a fresh multi year on year low today. Its been a non stop ski slope for them with little respite

[my retirement fund] 14/3/2016 22:31

New multi year low clocked up at Carpetright today.

[spob] 10/2/2016 11:51

1 Year





All Data







Open for business during lockdown

[davidosh] 26/1/2016 16:31

The UK side of Carpetright was fairly ok with recent like for likes up 6% but they mentioned promotional spend was higher

UK
o Sales in the four weeks to 23 January 2016, up 6.0% on a like-for-like basis.
o Sales for the twelve week period up 2.4% on a like-for-like basis.

[my retirement fund] 26/1/2016 16:18

Looks like to poor trading update from carpetright is reading across here, as falling on low volume

[tadders2] 26/1/2016 07:37

Good trading at Carpetright.....UCG may follow.

[my retirement fund] 11/1/2016 11:03

Looks like theve been a victim as well:

[davidosh] 07/1/2016 15:56

United Carpets are mentioned on the SmallCap radio show as a company to do well in the current weather and flooding....

[my retirement fund] 05/1/2016 16:33

Even better volume - no shortage of buyers

[naos] 05/1/2016 14:49

Hi all,

#1672 - most interesting about all the stores around Leeds/W Yorkshire... I agree that some footfall must enter their stores as a result. Hence, this is added to my watchlist and will monitor closely over next few weeks with a view to buying on a continuing uptrend.

[my retirement fund] 04/1/2016 17:15

Good volume again. Cantors target may be broken at this rate.

[rolo7] 03/1/2016 21:00

agree final quarter could be interesting for ucg like for like sales, no cold spell yet to keep customer away from stores. Volume increasing here..MC hits >10million£ ucg may show up on a few people screeners now...

[my retirement fund] 31/12/2015 12:16

Cantor target 17.5p ok thanks for that I did not see that.

I know its not a very nice thing to be saying, but the flooding up north, especially around West Yorkshire over christmas is going to bring a massive unexpected fillip of trade for United Carpets into the new year. They have stores in and around all of the effected areas including Leeds.

[mark1000] 21/12/2015 09:09

I can see another special dividend in 2016 at least 0.5p unless they want to build higher cash balances?

[lbo] 19/12/2015 08:19

See post 1653;

United Carpets Group plc with EPIC/TICKER LON:UCG had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘BUY’ today by analysts at Cantor Fitzgerald.

United Carpets Group plc are listed in the Consumer Services sector within AIM. Cantor Fitzgerald have set their target price at 17.5 GBX on its stock.

This would indicate that the analyst believes there is a potential upside of 45.8% from today’s opening price of 12 GBX.

[rndm355] 18/12/2015 13:38

The Cantor target price has been updated since 19/12/2014. Their current target is 17.5p.

[my retirement fund] 18/12/2015 12:05

loganair - agree. I share you view growth here is a clear problem for anyone looking to pick them up now and its ironic that the exact reverse of the chain shrinking, that said markets and fortunes change and at the time they could never have second guessed that.

Following the special divi and for that reason and given the known yield it looks fully valued. Hence CF's rating just released:

Most recent broker ratings

19/12/2014 – United Carpets Group had its “Buy” rating reiterated by analysts at Cantor Fitzgerald. They now have a GBP 12.00p price target on the stock.

[loganair] 18/12/2015 10:23

mrf - I think that most if not all share holders are hoping the divi would be higher for all the shares they own.

Mind you I doubled my holding just after UCG came off suspension and the Dividend I've already received since then means I've already had 50% of that investment returned plus the shares are up 300%.

In my good opinion the directors look after their shareholders and the long term value of the shares they hold very well.

After holding for 10 years, the only thing I have found disappointing is the lack of growth. I remember 10 years ago how the directors were saying that with in the next 3 or 4 years UNG would have 100 stores as they would be expanding at around 10 stores a year. Sadly over these 10 years the number of stores have remained about the same, around 60.

[lbo] 18/12/2015 10:14

They did pay a 1p special dividend also

[my retirement fund] 18/12/2015 09:34

I think some were rather hoping the interim divi would be higher