B&m European Value Retail Share Discussion Threads

[sklanc] 16/8/2023 19:14

wondering that too
Malcom is a wily old bird and despite their mainly high street stores he would love that 1bn turnover, or most of it.
Scope for a differnt type of BM store perhaps...

[babbler] 16/8/2023 15:00

How is that opposite take?

[wad collector] 16/8/2023 11:17

Well spotted , I see they have until tonight to make a bid.
The day before there was an opposite take on it;

[sklanc] 15/8/2023 16:48

whispers about wilko and bme in talks

[muzmanoz] 14/8/2023 16:44

I think that's more to do with them cutting back hours as a result of the minimum wage increase. It's no good it being stuck on pallets in the warehouse or the store.

[robert0taylor] 14/8/2023 16:26

No shortage of stock. Loads of pallets at the depots waiting to hit the shelves. Staff can't cope. First hand info.

[wad collector] 14/8/2023 11:59

Sad reflection of what Xmas means more than a sign of ailing I suspect...

[muzmanoz] 08/8/2023 14:32

B&M putting Xmas stock out now. Are they short of other stock. Not a great sign.

[arja] 08/8/2023 14:24

good point ramellous although not helping much today and my watchlist is a sea of red with no stock up today ! This bearish market mood is a concern and needs a positive lead from USA which is not looking likely although bond yields falling a bit today .

[ramellous] 06/8/2023 06:07

Wilkinson’s possibly collapsing should boost trade for BME

[muzmanoz] 28/7/2023 09:41

Is that bonus awarded to Bobby Arora really in shareholders best interests. Seems quite punchy. Up to £16m over 3 years.

[arja] 24/7/2023 21:15

thanks for comments but IMO it is quite important . I suspect UK is the lead market

[scobak] 21/7/2023 19:32

Broad as its long. Results are in dollars even though currently HQ in UK.
Ultimately however, timescale totally unknown, with 97% us trade and 3% Canada and quote likely to be on an American board then it will be UK tracking the US price.

[arja] 21/7/2023 07:49

thx. any thought on whether UK or USA is lead market for this dual listed stock . ie does UK follow the USA price all things being equal ? Always worth knowing I think with such stocks and works well with S32 which i have traded many times

[scobak] 20/7/2023 20:54

Standard listing in London.
Primary listing NY.

[arja] 20/7/2023 07:09

Scobak,
Is FERG a dual listed stock in USA at present even though not yet promoted to the S&P 500 ?

[scobak] 19/7/2023 20:13

Every day in every way....as the saying goes.

[arja] 19/7/2023 14:20

I see . thanks for useful comments on FERG scobak and one to keep an eye on - not doing much today but banks performing in spite of lower bond yields . BME doing well too and I would have bought for a day trade but focusing on ATT initially and then VMUK after it's intra day pullback , feel I should have made MUCH more a bullish day like today ( wry smile ) . Good luck

[scobak] 17/7/2023 20:10

Yes, it is 0.5% but HL in their costs breakdown of a £5K investment show SD as £49.88.
Not so much odd as wrong.
Ferg currently in £123 area. Very little on their ADVFN board as of a couple of months ago. Doesn't seem to be well followed in UK or US due to its transfer from any London index though it does maintain a quote. At the beginning of year it was hoping to become a constituent of S and P 500. Didn't happen but only a matter of time as trades now wholly in North America with a growing US investor base. Currently on a lowish p/e
but has not rerated to a similar p/e of similar American companies.
As this is a BME board however I will not expound on its merits again. Good hunting!

[arja] 14/7/2023 09:59

that is odd Scobak as I thought it was always .5% and is with IG

[scobak] 14/7/2023 09:44

That's OK. HL show the SD at 1% which must be wrong.

[arja] 13/7/2023 12:08

sorry - a mistake on IG ticket as I always ring them if I see £3 commission shown .

[arja] 13/7/2023 12:04

scobak,

another one to add is FLTR I think.

[arja] 07/7/2023 16:40

I must focus more on FERG scobk. as it sometimes is oversold in day and today was another example of it and a good day trade