B&m European Value Retail Share Discussion Threads

[glasgow13] 11/8/2020 14:39

They say that because of the virus they do not answer phones so they are using the virus to get people into stores.

[scooper72] 11/8/2020 13:01

I went in for some floor tiles and when they didn't have them in stock I went across the car park to B&Q. But to be fair my wife had never been in there before and seemed quite interested in all the items they stock and also the quality, although we didn't end up buying anything. Sold my shares just leaving the £500 profit invested so will probably look for any weakness in the autumn months.

[makeitmore] 11/8/2020 12:55

Maybe there is method in their madness. People go in store to look for an item which may or may not be in stock and 99.9% of the time come out with a basket or trolley full of stuff they did not intend to buy. B&M is one store where the younger generation can’t resist spending as they walk around. Facebook has a B&M related thread for people to share what they have purchased and as an example one young lady went in for cleaning supplies and spent £500(she did show photos of the items). All good stuff if you are a shareholder.

[glasgow13] 11/8/2020 11:45

Think it is time B@M stopped hiding behind coved and started to answer there phone. People have to visit store daily looking for items that are not in stock making the chance of coming in contact with the virus much more likely.

[stamford hill] 10/8/2020 07:09

Will be going in FTSE 100 first week of September. Tracker funds bying in etc. Expect it to keep rising until then although nothing is guaranteed..

[arja] 09/8/2020 13:48

lovely chart and NOR situation. I have not followed it since march and shocked at how well it has done . high P/e but has no effect on share price ! Even KGF is uptrending !

[jimbo123elf] 28/7/2020 07:56

This company just keeps on growing

[philanderer] 20/5/2020 10:55

GOLDMAN RAISES B&M PRICE TARGET TO 430 (376) PENCE - 'BUY'

[muzmanoz] 15/4/2020 13:28

I imagine it is doing well in the UK but the french operation, Babou, is shut.

[philanderer] 15/4/2020 12:53

Questor: in the coming recession discounters should do well. Time to buy B&M https://www.telegraph.co.uk/investing/shares/questorin-coming-recession-discounters-should-do-time-buy-bm/

[ropey] 03/4/2020 13:36

why the sudden spike today/now ?

[gswredland] 25/3/2020 17:59

Anyone know if BME has huge debts please?

[muzmanoz] 25/3/2020 07:54

article in today's times that is somewhat critical of B&M's stores remaining open when only a third of its revenue is from groceries. It does report a staff member saying that sales are at christmas like numbers. Usually a quiet time of year up to Easter.

[muzmanoz] 24/3/2020 09:08

Stores are still open. And they offer a wide range of goods. How many people will go to B&M to pick up small bits of food, toiletries, dog food but also and garden and diy purchases to give them something to do whilst at home. They also own Heron foods,

[arja] 20/3/2020 11:24

sorry , I did not realise they sell food too .

[jon123] 19/3/2020 21:32

have you been in there shops the shelves are empty

[arja] 16/3/2020 11:59

yes and it is only food retailers who are faring less badly . Sadly more downside for this stock I think in this bloodbath of a market

[volsung] 16/3/2020 08:20

Famous last words...

[lammylover] 10/1/2020 10:28

BME is rated as a growth stock, so a 0.3% increase in LFL sales for UK over important Xmas period seen as a disappointment. However, in the current climate I think its a fair result and share price markdown today is overdone. I sold my BME shares following on from general election result in Dec at 420p, so happy to re-enter at 373p today. I'm confident it will move back to over 400p over the next couple of months as business continues to grow. Rich

[shaker44] 10/1/2020 09:44

I a poor retail environment I thought the results encouraging. Sell off overdone I think

[lako42] 10/1/2020 09:35

Very quiet board for the volumes. Been watching this closely as a fairly defensive option for 2020. The drop seems slightly overdone but then the price had been rising steadily to over 400p