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Share Name Share Symbol Market Type Share ISIN Share Description
Carpetright LSE:CPR London Ordinary Share GB0001772945 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.10p +0.56% 18.10p 18.10p 18.25p 18.25p 18.00p 18.05p 82,683 12:24:50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 443.8 -70.5 -94.6 - 54.99

Carpetright Share Discussion Threads

Showing 8726 to 8748 of 8750 messages
Chat Pages: 350  349  348  347  346  345  344  343  342  341  340  339  Older
DateSubjectAuthorDiscuss
11/12/2018
16:20
11 stores are expected to close in the second half of the financial year. There were 25 sites which had continued to trade without paying rent, where landlords had opted to allow Carpetright carry on paying business rates and avoid an empty unit on their retail park. “As far as management and business performance goes, Carpetright looks well on track to hit our full-year forecasts,” Peel Hunt said, repeating a ‘buy’ rating on the stock. “However, we take a cautious view on the macro environment on Brexit uncertainty into Q4 and cut UK sales forecasts by circa 2.5%, which translates to circa £3.5mln cut to full-year EBITDA forecasts.” Neil Wilson, from markets.com, said there were some "encouraging signs" in Carpetright's results. 'The problem for Carpetright was simply that it had expanded too quickly with too many stores on bad sites with overly-long leases and upwards-only rent reviews. 'Action to tackle this singular problem has been swift and is paying off.' "It's on course to deliver the £19m in annualised cost savings from the store closure programme," he said. "Investors may also be encouraged that the average store lease has been reduced to 3.5 years, with more than half able to break within two years," Mr Wilson added.
loganair
11/12/2018
16:08
Carpetright losses widen as 'negative headlines' hit sales The embattled flooring chain closed 65 stores over the first half of its financial year as part of a rescue plan.
opodio
10/12/2018
19:54
sub 10p soon
opodio
08/12/2018
11:42
Do you think the banks have imposed that on them. Independent Director hmm. He was a non exec appointed in 2011 so he isn't new to the business. He was however before his retirement a partner at KPMG specialising in insolvency - is there a thread there? Only 3 days to go before the next instalment of fiction is released. I wonder if willy wonka will name it the 'bottomless elevator'
saltsquire
07/12/2018
20:03
Who's the chairman? Doesn't seem to get involved!!
davycarpets
07/12/2018
16:27
David Clifford as senior independent director . It makes good reading what this role actually is
howden32
01/12/2018
14:34
Do you think they have planned that to coincide with the Brexit debate in the HOC? If so very smart, unusually so! Probably going to blame that because of course it's not 800k per annum Willy Wonka's fault. Oh dear.
saltsquire
01/12/2018
07:52
The countdown begins, I believe it's only 11 more days before they announce their losses . Can't imagine it will be good reading
howden32
20/11/2018
12:49
Ssjsa Agree with your comments....As when Carpetright was launched the then Sir now Lord Harris and his team poached staff offering huge salaries only to reduce by various amounts some circa 30% and more 6l9 months after joining. I know Tapi has been ofering larger salaries than what CPR are paying to entice people across... nature of the beast...as some carpwtright stores close Tapi are picking up a percentage of the extra business in those towns n city's....SP continues to erode here i see single figures just around the corner.SEnior management apear to have lost control of the compaies destiny and its emplyees...Shame.K
kumala
06/11/2018
20:40
ssjsa I'm an ex employee and your post is 100% accurate.
unrulyboy
05/11/2018
23:08
Have not worked in the carpet industry for nearly 4 years, but have kept up with what has been happening in the trade through my former colleagues who currently work for both Carpetright and Tapi. Looking at the Carpetright situation objectively, the biggest issue in their demise, is they have given Tapi cart blanche to poach whoever they want, by having a total disregard for the previous loyalty of quality people who have become completely disillusioned with the running of the business by a management team who are both inept, and completely out of touch with the best practises which made Carpetright the business it was. There are still a lot of quality people left, but unless the management team finally realise the importance of treating their people with respect, and recognising their true worth, then that core of good people will either leave for an alternative industry or be head hunted by Tapi, as and when they need them.
ssjsa
05/11/2018
09:10
You know the answer how they did it to an ex employee!!!
davycarpets
04/11/2018
09:18
Fantastic achievement by ceo -he is a hero to himself.
meijiman
03/11/2018
23:51
Correct me saltsquire I heard the same thing , I feel sorry for the Carpetright staff that are getting made redundant and then Carpetright are offering Tapi staff a job , I did hear that it was almost embarrassing how they keep phoning and texting them . Didn't think there was any jobs going if they had made redundancies. Is that against the law ?
howden32
03/11/2018
22:35
Hearing that there was one redundancy in the Tapi store in Gateshead. I am told the bloke was underperforming and so got the bullet. It's called Managing a problem. Carpetright making a big splash about it how embarrassing so as to deflect from the non statement made by them last week. Carpetright need to learn from Tapi and move underperforming staff on. A tip from me would be to start from the top after all 4 years of Walsh has seen the shares plummet from close to 5 pounds to a real price of 5p yet he has earned close to 4m. Can you spot a trend?
saltsquire
03/11/2018
21:16
Carpetright has admitted that trading in the first half of its financial year has been “heavily impacted by disruption” from its CVA plan. During the trading period, Carpetright closed 65 stores in the UK and two within its European operations, with a further six stores expected to close before the end of the year. Despite a weak performance in the UK, trading in the rest of Europe (The Netherlands, Belgium and the Republic of Ireland) has been slightly ahead of the same period last year, said Carpetright.
loganair
03/11/2018
19:27
Find it interesting how they have closed shops , made people redundant and then trying to get Tapi to go back and work for them . Think they are panicking, realising that they are left with the dregs and trying one last ditch attempt because they don't have no experience no more
howden32
02/11/2018
17:55
So glad I dumped mine at £10.57
davycarpets
02/11/2018
17:09
Thanks for that. I resisted the rights issue but was almost tempted to buy a few today when they started to go up. Rather glad I didn't. I have lost all of my investment of many years ago bar about £26. Am too old for this game.
bouleversee
02/11/2018
16:48
The times article was a copy of the autumn statement that was supposed to provide figures rather than rhetoric. The fact that Carpetright did not provide detailed on their trading numbers when they had the chance to is probably damning enough. Regarding their uplift in sales June and in fact the whole of the summer is a dead period for carpet sales so to compare peak with trough is something that no other retailers do. Like for like is the truer measure and I am hearing minus double digit! All yours big boy!
saltsquire
02/11/2018
09:57
Article in The Times today says Carpetright turnaround is on track. We'll see.
bouleversee
02/11/2018
09:36
1st Non-Exec to jump ship?
davycarpets
02/11/2018
08:34
And I believe in Santa
davycarpets
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