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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Carpetright Plc | CPR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 4.955 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 4.955 | 4.955 |
| Top Posts |
|---|
Posted at 20/10/2019 17:01 by aim11 A Brexit deal looks increasingly likely to pass on Tuesday , UK will get a post Brexit boost and investors will flood back to small mid cap uk. Sterling should rise sharply against the Euro back towards 1.25, and CPR and the Belgian carpet manufacturers should benefit after two very poor years of weak sterling and low UK carpet demand. Personally I would rather own manufacturers than retailers but both have a good chance of short term recovery. |
Posted at 11/10/2019 13:31 by aim11 All major investors happy and confident at 9p? I doubt that. But I also doubt Tapi will survive beyond end 2020, look at the balance sheet and cash burn. And when the low teaser rents roll off they will be screwed just like CR. These old fashioned retailers still think they can open dozens of stores and make a profit like the old days. Look at Hays ridiculous takeover of Thomas cook stores. Tapi is the same believing they need anywhere near the same store space as 10 or 20 years ago. |
Posted at 11/10/2019 07:42 by kloppite And all those companies you mentioned probably assured staff and investors that they would ‘ be in profit in 2 years time ‘ !!?You also seem to take great pleasure in seeing the prospect of thousands of people out of work. Nice ! |
Posted at 11/10/2019 07:19 by butterflycollector Laughing at the attempt to deflect CRs woes to Tapi, I can’t wait to buy into that company, I’m Sure Thos Cook assured investors and staff the month before they folded, Woolworths, Comet, MFI, General George and all the other high risk investment companies, |
Posted at 11/10/2019 06:02 by kloppite Yes I have many contacts in both CR and TapiYesterday the Finance Director of CR put out a video explaining that CR are in a far far better financial position than they were 18 months ago. The 20 million saving from the CVA is on track and the major investors are all happy and confident in the company He also explained that Tapi have now lost £41 million over last 4 years. That they owe £11 million to suppliers that their investors will have to stump up. They also have massive rents to pay as the ‘free rent periods’ are coming to an end. Their store openings are coming to a halt and they are now opening concessions in Do it all only. Believe me I’ve worked in this business for years and concessions are not the way forward. On top of that Tapi not looking to be in profit til 2022 !! |
Posted at 06/10/2019 15:47 by kloppite Lol. That really is nonsense. You are just scaremongering with no actual basis for these comments. At the Conference this week all the major investors were there and all of them without exception were very positive and upbeat on the companies prospects over the next few years. |
Posted at 05/9/2019 20:13 by mattcookson Carpetright shares rocket as biggest investor boosts confidence in the embattled flooring firm by taking on debt pileBy Emily Hardy For This Is Money 11:02, 27 Aug 2019, updated 11:07, 27 Aug 2019 Meditor has bought Carpetright's revolving credit facility of £40.7million The seeming show of confidence sent Carpetright shares up over 10 per cent Shares in Carpetright shot up by over 10 per cent on Tuesday after its biggest shareholder, Meditor, bought up a chunk of the struggling retailer's debts. Meditor has taken over Carpetright's £40.7million revolving credit facility from previous lenders NatWest and AIB. The investor pledged to engage with the business to provide longer-term, stable funding, but Carpetright pointed out that Meditor 'did not seek any assurances from the company, did not propose board representation and did not request structural changes in the business'. Shares in Carpetright ticked up by 10 per cent to 15p per share in early trading on Tuesday +4 Shares in Carpetright ticked up by 10 per cent to 15p per share in early trading on Tuesday The move has been broadly interpreted as a show of confidence. In his daily note, retail analyst Nick Bubb said: 'The embattled Carpetright has not exactly been a great investment for the hedge fund Meditor, but it can see some sort of future for it, as Meditor is now starting to take control of Carpetright's debt as well.' |
Posted at 01/9/2019 12:36 by aim11 Brexit. Anything touching Brexit has been a disaster, investors are scared by the BBC and other doomsayers. Not long to go before that is behind us hopefully. |
Posted at 29/8/2019 08:51 by boraki I suspect there will be a trading update next Thursday.I also think it will be a good one. ( I keep checking the reviews on trustpilot, and they seem to still be a hit with customers,,, I went back to the 1st of February 2019, and everything seems to be as good now as it was then, i.e their last trading update) Carpetright plc (“the Company”) has today posted to shareholders the Notice of Annual General Meeting to be held on 5 September 2019 (“AGM”). The additional matters required to be published on the Web site in connection therewith, pursuant to Section 311A of the Companies Act 2006, are: 1. The Notice of the AGM, details of the business of that meeting and the resolutions to be proposed thereat, and explanatory notes thereon, are set out in the Notice of Meeting which is accessible at: hxxp://www.carpetrig 2. There is only one class of shares in respect of which members are entitled to exercise voting rights at the AGM – 1p ordinary shares. The number of such shares currently in issue is 303,787,164. 3. The current total of the voting rights that members are entitled to exercise at the AGM in respect of the Company’s shares carrying the right to vote at the AGM is 303,787,164. |
Posted at 04/7/2019 15:05 by floridamassive Carpetright surges with investors relieved at lack of 'nasties'25 June 2019, 11:23 Investors in Carpetright (CPR) have breathed a sigh of relief as its full-year results showed the business might’ve turned a corner. Its share price is up 11.5% to 19.7p in mid-morning trading after it reported a strong showing in the second half of its financial year, giving its overall results for the 12 months to 27 April a better look than some would’ve expected. Plus the company has returned to like-for-like sales growth in the new financial year. Given the terrible time Carpetright has had in recent years, the market is clearly pleased that the results are indeed in line with guidance and contain no ‘nasties’ TRANSITIONAL YEAR During what it calls a ‘transitional year for the business’, revenues were down 13% to £386m and operating profits were down 59% to £2.9m although it was very much a tale of two halves with a sharp dip in the first six months and a strong recovery in the last six months. While in the first half like-for-like UK revenue was down 12.7%, this was cut to 5.4% in the second, and even better in the final quarter with like-for-like sales down just 2.3%. Reply |
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