Brighton Pier Share Discussion Threads

[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

[ijamlon] 04/5/2022 14:13

Seems odd, using Hargreaves (who have a reputation as rip-off merchants) you can buy 15000 shares right now at 93.95.

[kirmich] 04/5/2022 14:06

i managed to get 1000 shares yesterday at 94p, then upped my bid to 95p (yesterday afternoon and then this morning), which didn't get filled and then i upped my bid to 96p which got filled for also 15k shares, but the buy hasn't (maybe yet) appeared on the lse website.

have some more orders in at lower prices, if they would shake the tree some more, but very difficult to get any shares. I live in Belgium, using Saxo, so maybe it goes easier with a british broker, but i have quite a nice position in Pier for a long time started in the fifties, all the way down to the 30p region and then my last buy was at 82 p on the dip before the earnings release. So have done quite a lot of buys in Pier and it's the first time i have to up my bid above the official listed price. Anyone has the same experience?

[dancing piranha] 03/5/2022 14:21

Just snapped up 15k @92.97p!

[ijamlon] 02/5/2022 19:33

Conditions for heavy use of pier and theme park couldn't have been better with the Easter and Bank holiday weather. PIER's ability to raise prices and the stickiness of the staycation theme should underpin the rest of the year. There's still this question of whether the cost of living crisis will hit UK leisure in general. So far it hasn't but obviously that's could cap near-term growth