B&m European Value Retail Share Discussion Threads

[wad collector] 17/4/2024 21:03

You can only understand something that has logic, the unfathomable factors make share price movements somewhat opaque , however confidently someone "explains" the reason for a share price change. I guess that is why bot trading works.

[backmarker] 16/4/2024 10:02

Saw the RNS this morning. It looked OK. Sp down another 10.Didn't make sense, so bought a few. Listened to the call-in. Sounded positive. Sp up a bit. Tempted to add a few, but let's see where we go first.I still don't understand the BME share price movement. From when I first started tracking BME at beginning of the year it has steadily gone up 50p then reversed and steadily gone down 50p.Maybe it's not about understanding the share, but about following the pattern.

[backmarker] 09/4/2024 16:53

The shape of the graph looks a bit bearish to me.
When it turned up from 500 in Feb I thought this might have a rise of more than 50p, perhaps 100p, in a few months.
But now it's turned down again it seems to be suggesting a down channel is forming based on the Nov and Feb lows, and the Dec and Mar highs.
Will it bounce on 500p again ? It's clearly an important level. I feel there is a good chance that it will fall through. So I shall remain clear.
GLTA

[muzmanoz] 05/4/2024 15:50

At my niece's store and in other store's in her area they are reducing the number of hours per week per store by up to 30%. No idea whether this is a reflection of poor sales or just cost cutting.

[backmarker] 27/2/2024 12:34

Reverse head and shoulders forming?

[wad collector] 25/2/2024 15:27

When B&M announced in August that they had bought 51 Wilko stores , they said they would identify which ones in Novembers TU. They didn't but have begun to announce them piecemeal in the last few months. hxxps://www.bandmretail.com/media/news#undefined
My interest was whether the sites they had bought were in retail parks or in town centres, because I think the town centre model is flawed without onsite parking.
I haven't time to look at all of them, but the few I have looked at seem more town centre than retail park. I hope this does not hamper the expansion plans.
Peel Hunt and Berenbergers have both been positive about B&M recently I see.

[arja] 21/2/2024 15:20

chart looks better now BUT I am wary of the very high debt/equity ratio . If I am wrong about that , please let me know :)

[arja] 16/2/2024 16:02

chart suggests a move to minimum 520 level and even 540 in next week or so always assuming US markets do not tank of course . a good trading stock at times with NO SD payable

[backmarker] 14/2/2024 11:51

Up down, down up, up down, and so on. I haven't worked out what's moving the share price on a daily basis.Personally I think this company warrants a higher share price but it has been falling and I don't like catching falling knives.It now seems to have flattened out around 500 but I feel the share price could go either way from here.

[scobak] 11/2/2024 09:48

its always the same being a Luxembourg based company. Even with II it takes about 2 extra days. Also there is a 15% deduction by Luxembourg authorities before it gets to your account.

[gorse] 09/2/2024 21:16

No, I have NOT received the special dividend in my ii account today !!

[thunders] 09/2/2024 16:17

Has any one seen special divi of 20p in account today?

[lennonsalive] 09/2/2024 09:34

Maybe look at previous pull backs on the share graph to start. Set some alerts for when it reaches those levels if you feel it has growth and potential. I

[scobak] 08/2/2024 20:46

Who knows?
If we knew then we would be rich beyond avarice.

[backmarker] 08/2/2024 09:19

Started watching BME a few weeks ago. If this board is anything to go by it doesn't appear to be a popular share.Also I was expecting it to go up not down. Does that mean I am lucky to have an opportunity to get in lower, or is it a dead duck going lower and I should avoid it altogether ?

[niklol] 30/1/2024 13:07

Any ideas as to why share price dropping today???

[blackhorse23] 26/1/2024 13:19

Added some GNC today , looking bullish

[blackhorse23] 26/1/2024 13:19

https://uk.finance.yahoo.com/news/supermarket-sandwiches-become-more-expensive-135739451.html?guce_referrer=aHR0cHM6Ly90LmNvLw&guce_referrer_sig=AQAAADpF6Kb0phjtZVO90upDK-MOCcR9OWuIeGxbnmMY62gvJ3BjXGSmuQy72Ln13am5c9FUjtR0IFDhJtx6mUUDXq47ZsbOesyhxSbZVbMbWB-Uv-TWCZsHmG2kXZJNIASjqKiC3mhtxsS6TBOaz5esQxx3vnmeJBlpnlny-B4UTHja&guccounter=2

[luderitz] 25/1/2024 09:55

Yes positive but would like it reflected in the share price more.

[lennonsalive] 23/1/2024 15:13

B&M opening stores in the uk and abroad. Pretty impressive for a uk retailer. So lots of growth still.

[niklol] 23/1/2024 14:10

Chairman announced he's retiring this year.
Could be a reason for the share price falling?

[scobak] 09/1/2024 20:16

It is withheld by the Luxembourg authorities so all that is remitted to UK is 85%
Queried with ii last year. Appears no way round it.