B&m European Value Retail Share Discussion Threads

[gswredland] 24/7/2019 11:25

Never seems to fail with its results
Back to 400 in the following month or so?

[latics2] 13/6/2019 19:57

oops sorry

[porsche911sse] 24/5/2019 08:43

Nice to see a mention in the press

[loganair] 07/5/2019 09:34

Walmart is exploring the possibility of exiting from Asda after the CMA blocked its merger with fellow big four grocer Sainsbury’s.

The American company is mulling a float or sale as private equity firms and other bidders circle as it is looking for a swift exit from the UK. It is looking to exit the UK market and focus on more profitable emerging markets such as India.

Walmart has reportedly been approached by bargain chain B&M. Asda had been reported to be considering a takeover of B&M in 2017. Analysts suggested that a reverse takeover by FTSE 250-listed B&M of Asda would be a more plausible route than an independent listing on the stock market,

City sources said Walmart is exploring a float of Asda which would mark its return to the London Stock Exchange, 20 years after it was delisted.

A trade buyer could be a more likely outcome for the supermarket as grocery margins have historically proved too low for private equity buyers, who will not see a clear exit strategy, although KKR has been identified as an interested party.

Richard Hyman, an independent retail analyst, said ‘The options are quite limited, I’m not sure what the exit is for a private equity buyer as there is not much of a growth story.’

[fozzyb] 10/4/2019 22:58

Large trades going through. Highest for some time, news leak?

[podgyted] 11/1/2019 10:38

Mmmmmm ... not so sure anymore - read Whitman Howard note on Reasearchtree - according to Stocko there are some profit downgrades coming in - not good for a growth stock.

Exited - will wait to see how develops.

[podgyted] 10/1/2019 08:09

On balance this is a good update. Sales up 12%.

Would obviously preferred a positive LfL in the UK but interesting that margins were up - so they have not been "buying" sales as so many have.

Positive LfL in December and momentum carrying thru into Jan.

Yep - Good.

[shaker44] 08/1/2019 03:52

Positive dunelm results should give it a lift

[podgyted] 07/1/2019 12:32

According to Alliance News - TU on 10 Jan

[gswredland] 07/1/2019 10:34

Does any one have a date for trading announcement or results please?

[gswredland] 21/12/2018 07:06

Thank you Muz

[muzmanoz] 20/12/2018 19:40

Estimated fy2019 eps is 20.6p. P/e 13.9

[gswredland] 20/12/2018 19:29

Anyone know the PE here please?

[arja] 17/12/2018 09:37

I think 240 is chart suppoprt and thisv stock is still a short if any kind of rally .
even NEXT has a bad looking chart

[gswredland] 13/12/2018 17:55

How much further has this to fall?
Would be a bargain at 250!

[dround87] 04/12/2018 10:40

I'm in with a smallish stake!

[gswredland] 21/11/2018 16:54

My thoughts too dround

[dround87] 20/11/2018 19:17

The like for like sales mask a stock shortage over summer. Provided they can get their act together on that front we should see better lfl in next results. That said markets are terrible at the moment so the drop is exaggerated. I'm thinking of buying in. Missed my target buy price when this shot up earlier in the year. Now back where it started looking cheap. Set for further growth in tough economic climate. Great business!

[gswredland] 20/11/2018 16:03

Just the current market volatility i think

[butler4] 16/11/2018 15:50

I don't get this fairly significant daily fall in price over the last week - the company announced good results - the market price was fair with average p/e ratio - what is not to like and prompt such significant fall - to me, it doesn't make sense.

[gswredland] 13/11/2018 18:01

Very surprised at this fall
I may buy in for first time

[lammylover] 13/11/2018 08:24

Looks like market didn't like results! - presumably the flat UK L4L sales revenue. Or perhaps just a massive shake and will recover over next day or so....

[mr.oz] 13/11/2018 08:06

Perfect avatar 😁