B&m European Value Retail Share Discussion Threads

[lovewinshatelosses] 06/10/2022 13:07

Short interest getting a bit more notable now - 3.39% on short tracker today.

[m_kerr] 06/10/2022 08:53

i think they have a resilient and repeatable business model. there's a headwind they'll be running into though in the coming years - that is the revival of retail parks. 5-10 years ago there was lots of vacancy as a large number of retailers went bust or scaled back, meaning rock bottom rents for the likes of b&m moving in. nowadays there's less vacant space in them, and rents are rising. since they are entirely leasehold they're fully exposed. the rent is roughly about £200m per year.

[philanderer] 03/10/2022 17:31

3rd october..

In the FTSE 100, B&M European Value Retail closed up 2.1% after Bank of America raised the retailer to 'buy' from 'neutral'.

sharesmagazine.co.uk

[wad collector] 02/10/2022 07:01

Part of this last week's weakness is the Forex headwind of buying in a lot of stock in USD, and selling in Sterling or Euros. Not sure how much is traded that way.

[lennonsalive] 29/9/2022 07:31

I think Morrisons probably doesn't help, but then it's losing its market share to Aldi anyway so no surprise.The markets on the whole are volatility and this doesn't help either

[lovewinshatelosses] 28/9/2022 10:10

Another day, another profit warning. This time for Boohoo. The thing is, if any discretionary spend UK listed company can buck the trend, it is this one IMO. Still sitting on the sidelines for now though!

[lovewinshatelosses] 26/9/2022 15:04

I am not convinced of the benefits of having a central bank TBH. Certainly in the time I have been aware of their role in affairs. Ah well, control the things you can control and try not to dwell too much on the macro stuff, I guess.

[roguetraderuk] 26/9/2022 14:47

they shouldve raised earlier and more, but they followed powell transitory and panicked just when inflation in fact became transitory. so much like the fed, too late to raise and they will raise too much. and then they will be too late in cutting. but this is what cbs do. they are always late on both sides.

[lovewinshatelosses] 26/9/2022 14:41

I am currently thinking the lower end of that range, for similar reasons. Next thing to concentrate the mind is what Andrew Bailey comes up with, assuming the 'emergency intervention' materialises. 0.5% was another mistake IMO, but for starters, he should break with tradition and go on the attack against the politicians who are trying to pin all of the blame on the BoE. I agree the BoE are greatly at fault for the past decade of decision-making within their area, but I am not letting the politicians off the hook either! They have been equally cretinous IMO.

[roguetraderuk] 26/9/2022 13:08

not yet. looks like 240-280 is possible given uk sit still playing out. 16,18,20 lows all look poss but youd think that would be it.

[lovewinshatelosses] 26/9/2022 12:56

You taken any yet, roguetrader? Sentiment here is awful now and 3 quid broken, albeit briefly. Feels like another move down is coming shortly as well. Sooner than I was anticipating TBH. Sitting firmly on hands still.

[dillydally2] 22/9/2022 09:12

Toop is the next bagger

[lovewinshatelosses] 22/9/2022 09:09

The slow bleed, printing new lows almost daily is hard going when you are a holder! Need to see a capitulation day to throw off some stale bulls and offer a potentially good entry point, IMO.
Some decent inside buying might help, too.

[lovewinshatelosses] 16/9/2022 13:28

Well, that FedEx update validates the bear case. Deciding a fair price to buy here and similar names is taxing my brain (!) so will sit back and wait for a bit. Was thinking those March 2020 lows for a good re-entry price, but would not be surprised to see a lower print. Drip feeding the way to go, regardless IMO. GLA.

[muzmanoz] 16/9/2022 07:49

I see bandm are now taking Klarna as a payment option.Also stores open an extra hour in the evening to 9pm.

[lovewinshatelosses] 15/9/2022 12:32

Generally true, but I would be surprised if we did not have at least one more fairly notable spike downwards in the market before that period of consolidation starts to take shape. I will be staggered if we do not see a host of earnings misses in the next few months from discretionary spend outfits which may be the cause of it.
Equally, it could be one of the many other nasties that are lurking (China real estate bubble, geopolitical tensions, global debt pile, sticky high inflation, etc). I do not think all of these red flags are fully baked into the current market. Not by a long shot.
But longer term, this company stands as good a chance as any to survive and greatly prosper again IMO. Which is why I am keeping it high up on my watch list.

[roguetraderuk] 15/9/2022 11:19

hope so, the longer these things take the closer you get to a bottom in the general mkt and so that pulls up individual shares. i dont know if there will be a guide lower here or not, this time last year you got a trading update we will just have to wait and see.

[lovewinshatelosses] 15/9/2022 11:14

I will wait to see a retest of the year lows personally. I think rouge has probably got the right target range here, maybe a little lower still.

[r2oo] 11/9/2022 08:17

Think I will be topping up at this level 8pe and nearly a 3 percent yield .

[lennonsalive] 09/9/2022 08:04

B&M hit by Tesco yesterday

[lovewinshatelosses] 08/9/2022 09:15

Shorts increasing here. Explains the continued share price decline IMO. A watching brief for me for now, but IMO this remains a quality business in its field. I would not be surprised to see a merger at some point with one of their competitors. It would seem to make sense to further enhance economies of scale etc, but no idea if this is on any M&A radar, just musing out loud. GLA.

[bulltradept] 06/9/2022 13:33

Yeap, Corbyn's second in charge would be proud of government money (thrown around), which clearly isn't as the government doesn't have any money, it comes from the tax paying base, us!

[lovewinshatelosses] 06/9/2022 11:23

Not to mention the hundreds of millions lost for ever to international criminal enterprises that took advantage of the complete lack of governance in terms of the process/lack of due diligence when handing out all those grants and loans in the first place. Take a bow, Rishi, because that is pretty much all on you...

[bulltradept] 06/9/2022 11:10

Lennonsalive
25 Aug '22 - 17:45

"I’m embarrassed by the governments lack of support for public and the business. They seem to be a zombie government this summer and asleep at the
Wheel"

Are you for real? People had 'free' money thrown at them when in lockdown, Business's and one man band business's had money thrown at them, not too mention local sports clubs, one I'm familiar with had £10k, not including £3k for a new kitchen!

The reason why our £ is going to be worthless confetti is because of such socialist polices as I have detailed!

What's to be gained if this were to happen again?

We live in a mental upside down clown world, where 'Tory' policies are anything but.