Carpetright Share Discussion Threads

[lauders] 26/10/2016 01:34

Agree gleach23. I hope the worst is behind CPR now and with luck a few more positive PR pieces and broker notes will come from yesterday's site visit. If we can just start to gain momentum upwards this COULD be the turn.

[gleach23] 25/10/2016 18:03

Just been reading that zho - he makes a good case for the reasons behind the fall although most of it has been said on this board previously (ie Tapi as a competitor). He also mentions the fall in PER from the historic 40 to current 9.5 so I'll remain a holder for a partial closure of that gap, for the time being at least.

[larva] 25/10/2016 16:19

might dump at 90p

[gleach23] 25/10/2016 16:10

Must admit I was expecting a worse update considering recent drop. share price holding up today but perhaps the market doesn't believe the statement regarding profit expectations being unchanged.

Difficult to tell what Neptune and Franklin are up to but with any luck those 3 large trades today are helping clear an overhang.

[allstar4eva] 25/10/2016 11:40

Wow! Filtered and called a troll for trying to help them fellow investors! Some strange people on these boards...

[larva] 25/10/2016 07:16

o Like-for-like sales down 2.9%. (notes 2, 3)

o Full year guidance of a decline in gross profit percentage revised to between 150 and 200 basis points, a combination of increased sourcing costs resulting from the devaluation of sterling, competitive market conditions and a mix impact.

LFL down and Margins tanking

Come see our carpet shop, we have many berber carpets. Drink mint tea. lol

Roll on 90p

[larva] 24/10/2016 21:40

90p price tomorrow

[allstar4eva] 24/10/2016 17:45

Now your holding is small despite not selling a single share and loving the company. I liked this company but the chart made me sell. Good luck to all holders. Who knows could be a 100% up day tomorrow.

[allstar4eva] 24/10/2016 17:41

 blondeamon?13 May '16 - 10:15 - 876 of 1012 ? ?   0 ?   0Today I freed up some funds and significantly increased my holding (+25%) as I believe this is a hell of an opportunity to take advantage of market conditions to buy a well run company in the cheap.I really liked this at 350p and I can only love it now at 285p. The company is doing all the right things, is in a significantly better position than it was 3 years ago but its share price is now less than 60% of what it was then.CEO and FD splashed £150k of their own money at 400p and 300p and they know the company better than any of us. Company is improving in all fronts and a dividend is not far now which will attract more Institutions.This is a long term holding for me at the moment, I believe fair value to be at 450p with the potential for massive improvements overseas and their International Sales to grow.Everyone DYOR but it's hard to find companies in such discount, whether it's Brexit or Neptune to blame here I don't really care as I get these in a much better price than otherwise would be possible.

[blondeamon] 24/10/2016 17:32

Share price on 18 year low

[allstar4eva] 24/10/2016 17:30

So all those top ups blonde and so confident yet now you hold only a few? I hope not too many were convinced by your posts. Still hope tomorrow is a good day for all holders. P.s. it took seconds to find the posts. This has hardly been a busy thread. Important to show posters for what they are....

[blondeamon] 24/10/2016 17:25

Tired of you Eva, you have no life. Must have taken you hours to find all posts and pick your favorite. So nice to criticize with hindsight isn't it?

Filtered.

For the record, company is doing excellent. Market sucks and is not convinced, hence why I don't think it will be okay tomorrow. Any company affected by Brexit gets hammered these days.

I didn't sell a single share yet.

[allstar4eva] 24/10/2016 17:22

Blonde the chart looked terrible. Yes fundamentals are key but the chart was warning us. You were quite rude earlier but look at the share price now. This is why I tried to warn newbies not to listen to you. The company may yet come good but who knows? Even if it does well tomorrow waiting to buy would have been the better move. You announced countless top ups yet now you only hold a small amount? So you announce your buys but not your sells. You were positive until a few days ago. So when did you sell your huge holding?

[allstar4eva] 24/10/2016 17:17

13 May '16 - 13:46 - 882 of 1007 0 0 Edit
Averaging down is dangerous no?
blondeamon13 May '16 - 14:18 - 883 of 1007 1 0
Not really if you believe in what you are buying and know it well.

My average was £3.51 and I just bought again at £2.82

Compared to my average I am down 19.6%. But if it goes back up to 351 I will gain 24% so averaging down works quite well even if it goes back to where it was before you're still in profit.

Assuming of course you believe it will go back up and higher which I do, I am not selling until I see £4.5 and a dividend.

You haven't answered if you see something wrong with the company to explain your negative view though. Do you have a position?

[blondeamon] 24/10/2016 16:28

I just can't see this as positive either Lauders. Market is determinded to punish this company for its past sins even though profits are 30% up, like-for-likes going up all the time and they changed a new leaf in customer service and product offerings.

They are also diversified with global sales so any ££ hit wouldn't be as hard to them as to the individual UK retailers without International Sales.

Question is, how long more for market to get persuaded? I think only a fair dividend would convince them.

[lauders] 24/10/2016 16:05

Doing the opposite of what I was hoping so perhaps not so good news coming tomorrow or perhaps people just too afraid to hold before the news and take their chance to exit. Not long to find out if they made the correct decision or not if the latter.

[blondeamon] 24/10/2016 10:42

I believe tomorrow will not be a big announcement, they will announce Brexit impact on their profits because of the rise in materials which will impact profitability but that's for the whole sector anyway and expected.

The biggest positive I expect is that the new format stores have great like-for-likes and negative would be if it isn't and we have more of the same.

Not holding a very big basket this time, just more of the same would be fine for me.

[lauders] 24/10/2016 09:06

If we have a nice rise by the end of the day I hope it will be a sign of good news. Let's see if any strength develops towards the end of the day. My "feeling" is that the next RNS could be good news, but then I could be completely and utterly wrong! Definitely will be interesting. I think the post BREXIT timing of their last major RNS on results was VERY BAD luck and the market took full opportunity to kick CPR when they were down. Good luck holders and not so good luck shorters!

[lauders] 20/10/2016 01:55

Trading update next week so let's hope it is positive. The brave (not me) would be buying around about now. If their TrustPilot score of 8.8, and hence mostly positive comments left by customers, are reflected in the numbers then the trading update should be good. About time that this weakness was reversed and if it is the moves could be bigger. CPR tends to jump up or go down by quite big amounts each day! GLA holders!





Here are some other bits of news from CPR:

CPR fitters endorsed by "Which?".



A new rising star among the CPR employees.



From August a piece showing that the future may not be as bad as some make out?

[tattooed93] 19/10/2016 10:47

October 25 this year- profit warning imh
Ur day is nigh