B&m European Value Retail Share Discussion Threads

[wad collector] 27/8/2023 12:20

Private equity firm made a bid for Wilko.

[wad collector] 24/8/2023 13:08

I see that there is a feeling that part of Wilko's failure is that it's branches are mostly town centre not retail parks. If that is a substantive part of the problem then buying them is not a good strategy. Must confess it is why I have not visited our Wilko in years, only go to town for leisure.
So maybe B&M are just looking at a select few branches, which will have disappointed the Administrators. And the staff. I bet Mike Ashley had a good look.

[wad collector] 16/8/2023 19:59

Only an opposite take in that the collapse of Wilko takes out an opponent as opposed to taking over the opponent. Rather a lot of opposition in that sentence...

I wonder about a takeover strategy , many towns have both stores , will duplication double the takeover? And are the leases at a good rate , or did Wilko fail because it is a competitive sector and too many high rent sites? I guess the retail analysts can answer that .

[sklanc] 16/8/2023 18:14

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 14:00

How is that opposite take?

[wad collector] 16/8/2023 10:17

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 15:48

whispers about wilko and bme in talks

[muzmanoz] 14/8/2023 15:44

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 15:26

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 10:59

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

[muzmanoz] 08/8/2023 13:32

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

[arja] 08/8/2023 13:24

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 05:07

Wilkinson’s possibly collapsing should boost trade for BME

[muzmanoz] 28/7/2023 08:41

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 20:15

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

[scobak] 21/7/2023 18:32

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 06:49

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 19:54

Standard listing in London.
Primary listing NY.

[arja] 20/7/2023 06:09

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 19:13

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

[arja] 19/7/2023 13:20

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 19:10

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 08:59

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

[scobak] 14/7/2023 08:44

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