B&m European Value Retail Share Discussion Threads

[johnv] 20/1/2015 15:19

Some large volumes traded

[mach100] 20/1/2015 14:55

Some profit takers moving in now or else it is being walked down. A very strange share in terms of share price movement as it is quite volatile despite its large mcap.

[mach100] 20/1/2015 09:58

315p paid today. Starting to push on now. 309.75 the norm for an ask. I expect some buying in the run up to the IMS on Friday.Hopefully BME will have thrived where Tesco and the other major players have floundered.

[philanderer] 12/1/2015 09:00

Citigroup 'buy' tp 310p

reiterates

[mach100] 09/1/2015 21:07

Ok fair enough Phil. Two weeks to the interim statement. I expect us to be at 320p.I might exit myself at that price. Hopefully we will get some positioning in the run up and a spike on the results. 300p is proving resistance for now.

[philanderer] 08/1/2015 13:30

Afternoon Mach, wanted some cash to top up my GSK and rebalance the portfolio.

[mach100] 08/1/2015 13:15

Might be good timing Phil as it has been buffeted today,. I think though that this is just being walked down again. I expect a rebound to 300p in short order. Tesco and M and S seem to have performed poorly and this may be good news for B and M as shoppers flock to other value players and discounters.

[philanderer] 08/1/2015 10:46

Sold half for a nice profit this morning.

[philanderer] 07/1/2015 23:22

and another..

Discount chain B&M Bargains is moving into the former Homebase store in Walsgrave, Coventry.

[philanderer] 07/1/2015 12:58

Retailer B&M Bargains to take over Accrington Homebase site

[philanderer] 06/1/2015 12:43

10,000 @ 300.1p 'O' trade just printed - could be a delayed reported trade from yesterday ?

[philanderer] 06/1/2015 09:04

6th jan Deutsche 'buy' tp 300p


reiterates

[philanderer] 05/1/2015 17:25

Nor quite but good to see more interest.... 258k traded

[philanderer] 05/1/2015 10:46

Trying to break through that 300p again.

[mach100] 31/12/2014 12:03

Very nice buying now and 300p being paid. A key resistance I would have thought before we motor on to 320p. In the event of a good xmas being reflected in the January trading statement then we should be set fair for a good start to 2015.

[mach100] 29/12/2014 16:08

Poking its ahead above 280p again. 287p seems to be a figure that crops up before it retraces. Don't know if any of you saw in the Daily Mail the B and M delivery lorry which had jacknifed in the snow. I thought it was going to be bad news story at first but fortunately was just routine.

[philanderer] 23/12/2014 17:20

UT @ 287.5p

[philanderer] 22/12/2014 19:58

Nice blog post and photos :-)

Monday, December 22, 2014

B&M Stores are So Helpful in Saltash #rotary # Cornwall

[philanderer] 19/12/2014 23:40

Daily Mail tomorrow

'Investment Extra'


B&M Retail

This Woolworths-style discount chain sells toys, furniture and food, mainly in the North West. Former Tesco boss Sir Terry Leahy is chairman. It floated at 270p and has nudged up to 277p. Run by the three Arora brothers, who have grown B&M in seven years from 21 discount stores with a turnover of £65million to 300 with a £1billion turnover.

They have already made £380million selling a 60 per cent stake to private equity. The firm is domiciled in Luxembourg, Leahy’s stake in the firm is held through a fund registered in the tax-friendly Cayman Islands, and B&M has been linked with a UK factory allegedly using immigrants forced to work 80 hours a week for 'pennies'. The business is only worth an investment if the principals remain committed.


Read more:

[philanderer] 19/12/2014 21:06

Evening Mach , yes I`m more than happy to hold this one even though it didn`t join in the rally this week ;-)


Another outlet bought , this one in Berwick from the Co-op

[philanderer] 18/12/2014 17:11

UT @ 281p tonight

[philanderer] 18/12/2014 11:35

Morning Mach , they`ve dealt with the problem quickly.


Deutsche bank reiterating 'buy' this morning.

[mach100] 18/12/2014 10:28

Hi Phil, good spot and hopefully just a minor blemish. Primark has been tainted for many years by sweatshops in Bangladesh without too much impact on the parent company's share price I too am struggling with the share price It seems to be walked down before rebounding. Strange how this an happen with a 2.5bn mcap as you say. I think though it is primed for breakout and a good trading statement for the xmas period in January should move this towards 290p.