Brighton Pier Share Discussion Threads

[bookbroker] 17/5/2022 16:06

Maybe, need to get through to the end of June T/S. Think the share price falls premature unless market thinks early start to spring/summer trade fizzling out.

[bookbroker] 17/5/2022 16:06

Maybe, need to get through to the end of June T/S. Think the share price falls premature unless market thinks early start to spring/summer trade fizzling out.

[dancing piranha] 12/5/2022 16:40

Nice bounce back today, added a few more too.

I do have a good feeling about this year for PIER.

[ijamlon] 12/5/2022 14:59

Yes, you're both right. The company is firing on all cylinders, and will probably have another banner year, especially if we get good weather over Jubilee. Global stock-markets are getting taken to pieces right now and people are liquidating their portfolios left right and centre. I just view it as a great opportunity to top up, as I did the last time we were at this price (then took some profits at 100-110). I do think the stock liquidity is an issue, and means they will likely never trade on a very high multiple, the management have acknowledged this in the recent update. But there a lots of different ways to fix that in the long run.

[kirmich] 12/5/2022 11:08

bookbroker, check my previous posts, i do completely agree and am a shareholder for a long time for exactly the same reasons you point at. I also think they are actually making good money today, given the weather of the last few weeks.

The point i wanted to make, in such illiquid stocks, if somebody wants out even for 50.000 or 100.000 shares and nobody is on the buying side due to for instance overall market jitters, you get moves like these.

I think it's a very well run company and the price of oil is already spooking off a lots of people who wanted to go abroad by plane or car on vacation, the money they save on tickets/gazoline they will spend on something else, cause the kids and the adults want to be entertained. Let's hope for a good, shiny summer and it will be jackpot again i think.

[kirmich] 12/5/2022 08:07

just bought 7500 at 82p very easily, somebody wants out and very little volume, recipy for a falling price

[davidro77] 11/5/2022 20:38

I don't have a position but I'm curious about this stock. I've never seen such a small number of trades reported on here with such a movement. Thx to those who have posted some background info in recent days, very useful

[dancing piranha] 11/5/2022 18:33

davidro,

Maybe illiquid shares are not for you, this could rise an equal amount on 9 buys too!!

[ijamlon] 11/5/2022 17:14

Stock falls 8% on total volume of about £22,000! PIER liquidity is so poor sometimes. One day that will have to be resolved.

[davidro77] 11/5/2022 16:48

Only 9 trades recorded all day, and all sells?

[bookbroker] 11/5/2022 15:58

Looking a bit soft today, evidently wobbling on discretionary spending questions. Have to wait until summer starts proper, butI think a little premature to jump to any real conclusions.

[ijamlon] 10/5/2022 16:01

Thanks 1tx. You say 'our', does that mean you are working at or for PIER ?

[1tx] 09/5/2022 14:42

Ijamion comments about the improved business has had a material influence on share performance is correct;however the other reason for the share price collapse pre covid was due to the "guilt by (indirect) association with failed Patisserie Valerie"!Although PIER has absolutely no financial connection we shared a chairman/major investor and our shareprice fell.I bought my shareholding here at about half present price during the sell off.I should point out that our chairman Luke Johnson had no prior knowledge or involvement of the fraud that happened at PV.

[bookbroker] 09/5/2022 11:53

Recessions are more problematic for anything other food retailing regarding consumer appetite for spending, but as long as employment holds up people will still spend albeit more selectively.

[davidro77] 09/5/2022 11:19

Can anyone articulate why this company is worth more than before covid hit, when we're now potentially going into a nasty recession

[ijamlon] 06/5/2022 21:11

And we've got an extra holiday this year with the Jubilee break. Pier, bars and theme park all to benefit. Forget the share price while global markets are selling off, this company is a cash machine.

[dancing piranha] 06/5/2022 16:23

Yes, I was a little premature @ 93p! Never mind...

I'm quite confident this summer will be busy with days out for those that won't be able to afford holidays abroad!

[ijamlon] 06/5/2022 15:32

A smidge lower and I'll be buying back

[dancing piranha] 04/5/2022 16:46

I'd change your broker, you are £300 down before you start! Disgraceful.

[kirmich] 04/5/2022 14:25

had to pay 96p, very odd indeed. I used to trade with a small european broker Binck which was a great service, they have been taken over by Saxobank and since then the service has gone downhill incredibly fast