B&m European Value Retail Share Discussion Threads

[bulltradept] 31/5/2022 09:18

"that 40 Million shares sale in Jan by the CEO remains a concern"

Oh yes, as flagged by the IC.

[r2oo] 31/5/2022 09:17

I think this may bounce rapidly once it reaches 400p

[babbler] 31/5/2022 09:03

and filled...

[wad collector] 31/5/2022 09:03

My portfolio has suffered multiple failures when a share price suddenly drops significantly , I have held on and watched a series of further falls before some dire news emerges that others knew at the beginning. I really hope that this is not happening here; that 40 Million shares sale in Jan by the CEO remains a concern , but having just reread the Prelims , hidden bad news would be pretty cynical.

[babbler] 31/5/2022 08:52

Gap looking likely to be filled

[nakedmolerat] 31/5/2022 08:38

The retail industry is facing inflationary pressures whilst our customers are having to cope with a significant increase in the cost of living, making spending behaviour in the year ahead difficult to predict.

However, we have seen before that during such times customers will increasingly seek out value for money, and B&M is ideally placed to serve those needs. As such, we are well positioned to support the communities in which we trade and continue our long-term growth strategy."

[slogsweep] 31/5/2022 08:24

added a few still suspicious

[r2oo] 31/5/2022 08:21

This is a Great buying opportunity on a solid business in a great space. What with the cost of living increases B&M should do very well for some time to come...I am adding here

[babbler] 31/5/2022 08:17

(no guarantees it gets there of course)

[babbler] 31/5/2022 08:16

ive taken a small hit. Will reopen at around 4.

[slogsweep] 31/5/2022 08:12

147000 sold @420 what do they know that we dont?

[rimau1] 31/5/2022 08:11

Agree Rogue.

[babbler] 31/5/2022 08:09

taken some here small risk.

[roguetraderuk] 31/5/2022 07:55

warned on margins. as to be expected but depends if mkt has decided its priced it in enough or not because although the shares have fallen recently, they have still outperformed retail in general. gap at 400 needs to be filled. would be a decent round trip.

[rimau1] 31/5/2022 07:51

Struggling to pick holes in those results. Slight earnings beat with adjusted earnings at £619m vs £615m consensus. Cost inflation under control. Guidance for £550m - £600m compared to pre pandemic 2019 £342m. Yielding 4% if you bought on the drop recently and throwing off plenty of FCF to pay down debt. I am happy with this and would expect / hope for a relief rally!

[wallywoo] 30/5/2022 10:28

With over 4 percent short, there could be a really nice short squeeze over the next few days. Luvly jubbly!!!

[wad collector] 29/5/2022 09:50

I see that it headed the list of the biggest drop in shorts last week (from 4.5 to 4 %). Maybe an omen of better things ahead?

[pjleeds] 27/5/2022 15:38

It's wobling.onward and up

[wallywoo] 26/5/2022 15:10

Market waking up to how under valued this is. Will be over 500p after the results announced next Tuesday.

[rimau1] 26/5/2022 12:48

Watched these for a while and have finally hit the buy button this morning. All these one off householder payments always find their way through to the trending retailers (PETS, BME, JD). I’m bullish that this will soften the blow of the slowdown and BME and PETS have fallen too far.

[bulltradept] 25/5/2022 08:14

Wallywoo agreed I may even take a small punt with a 10% stop next week, just in case it does surprise to the upside.

[wallywoo] 23/5/2022 10:34

Been watching these for a while and bgt in today at 418 in my sipp and isa. Looks great value with results just 1 week away now. No stamp duty, but has 15 percent withholding tax on dividends (not in sipp's).I expect margins may be under pressure for the medium term, but looks a strong business that could well be vulnerable to a take over at these prices.

[roguetraderuk] 20/5/2022 14:01

gap at 400 might be the time. results may 31st but will all be about guidance and margins

[nakedmolerat] 20/5/2022 13:57

I am buying back in at 400p, but retail stocks have been badly hit will inflation fears so no surprise at the drop.

[groveman1] 20/5/2022 10:12

Ram 3765 is a bot. The identical text "Pop up BME . 300 nurses to train for GDR game changer new test .Anticipated news . Multibagger possible .", right down to punctuation/ spaces etc. has appeared in Rio Tinto thread, which I am also monitoring, at least. Suspect this has been fired out into various others as well. Ignore - automated nonsense text.