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CPR Carpetright Plc

4.955
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Carpetright Plc 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
  0.00 0.00% 4.955 4.85 5.08 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Carpetright Share Discussion Threads

Showing 8301 to 8320 of 9325 messages
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DateSubjectAuthorDiscuss
11/5/2017
14:23
Those were the days blonde. I used to receive many £K,s per year. The divi alone was a good yearly income on the back of a rising share price Those days long gone.Tapi will float at some point in the future. I notice some of the old names from CPR have invested in the company. Its a case there of "watch this space"Broker upgrades are interesting i take most with a pinch of salt, take TCG as example when the share price went from the teens to circa £1.80 brokers were upgrading to circa £2.30 plus. The share price never hit £2 and receded back to circa 52p now 95p and slowly climbing.I used to be a large holder here being in from the float adding many times to circa £12 but eventualy sold up in the £8 bracket.Always watching and looking in from time to time. A big fan of CPR and wish the company and investors well.Might get back in at some point.GLA.K
kumala
08/5/2017
11:31
Carpetright plc (LON:CPR) had its target price upped by equities research analysts at Peel Hunt from GBX 250 ($3.23) to GBX 300 ($3.87) in a research note issued to investors on Tuesday, April 25th
blondeamon
01/5/2017
07:31
my target 130p
rubberbullets
30/4/2017
21:55
CPR closes under performers and revamps the winners, leading to a simultaneous drop in staff/costs and rise of margins and sales. The end effect will be a lean portfolio of shops that have high margins and state of the art merchandise and infrastructure.

When that happens, margins could go back to 6-10% on sales of 400-420m. That is really the ultimate goal here, a nice big dividend paying UK stock with a big International presence.

IMO competition cannot fight CPR, by 2020 we'll see some of them fail and we could have a quick and easy jump in sales when that happens. (Retailers with just a UK presence like Tapi must be drowning in debt right now)

Those of us in at these levels will be handsomely rewarded then, both in dividends and price appreciation. Back in 2008 it paid 52pp in dividends a year when their main competitor Allied Carpets went bust. That's a 22% dividend in current prices.



My target price is 6£ until 2020

blondeamon
30/4/2017
14:28
Hi Eamon, hope you are enjoying the bank holiday weekend! One comment in a broker note after the results was that a positive Lfl resumed in stores once the one year anniversary of a Tapi opening had passed.
To my mind, that gives rise to another, more important question. Given that the biggest opportunity for CPR appears to be in these modernisations, and that capex is spent and an uplift achieved...but what happens after the first anniversary of reopening after the refit? Does the LFL continue to prosper...or does it revert to the same LFL of unmodernised stores....or does the LFL actually decline a little because it comes up against an initial halo effect when the store re-opened. I think the answer to that question will have a bearing on how CPR will perform

simso
30/4/2017
11:08
Q1 and Q2 comparables last year were awful so beating them this year will not be hard. 188 stores finished by April 25 and all now fully delivering increased like-for-like sales throughout the country.

Europe also continues to go from strength to strength as both sales and lfl go up.

I'm happy to see new stores opening in both regions where it makes sense and good profits are taking place. The one in Bath and Gerrards's cross especially seem to be trading very well.

Thoughts about offering a dividend shouldn't be far now, as they soon have more stores with the new format than not.

blondeamon
27/4/2017
11:10
More transformation steps:
blondeamon
25/4/2017
19:53
Had a wander around the website ealier, and must say it looks better than it used to, although the 'Up to 50% Off' offer are annoying and misleading. Traditional CPR customers wouldn't be buying on-line, though, and maybe they like the 1980s look of the old stores.
only who?
25/4/2017
19:16
You may well be right, but I had already decided to move my portfolio in a different direction so selling today was part of an overall strategy as well as a reaction to today's update. I will keep an eye on the progress of the business, and you may well have a good point that in tougher times the competition may falter, leaving CPR to mop up mkt share. GL to all holders.
connor23
25/4/2017
19:04
I sold the rest of mine today. I have been selling my bricks and mortar retailers for a while and I prob should have sold the rump of my shares earlier. Trading conditions aren't getting any easier going forward you would suspect, and I expected more by now.
connor23
25/4/2017
18:46
As you would expect, I am more bearish on this share. In the year to April 16 they made a Statutory PBT of £12m…but stressed that the "Underlying" PBT was over £17m. It looks like the year to Jan 17 is around £14m, so if we use the "underlying" number which they were keen to stress as being more representative, then the margin decline they have flagged before of minus 1.25% to 1.5% would have taken the PBT down YoY by around £6m on its own, and the full year LFL is likely to come out negative…certainly in the UK at least, which is well over 80% of the business. How come the PBT is "only" down by £3m? It must be cost savings and perhaps a bit from openings/closures. This profit decline is despite spending a significant amount on Capex. All the pressures which cause this decline in PBT to April 17 - currency, weak demand, Tapi openings, minimum wage etc will be more, rather than less intense in the year ahead, imho.
simso
25/4/2017
13:46
Back to around 210 low by close?
only who?
25/4/2017
08:02
Up trend still in tact bouncing nicely off the 200 sma.
bulltradept
25/4/2017
07:39
In the old days, results this good would have been worth a 20% rise. Seems that CPR is just a normal share now, so I suppose the drop is a reaction to a recovery that didn't quite happen.
only who?
25/4/2017
06:46
Turnaround going very well, managed to make same sales as last year with a lot less stores and refurbish 40% of estate at the same time.

They reformatted 68 stores in the last quarter alone, wow.

UK still under performing, but still doing great every quarter so not just a blip like many feared.

International still going guns blazing, nice to see.

Expected profits a bit higher but I can live with 14m. Important is that this is on the right track and if the pound starts to recover from here it will do a lot better by Christmas.

Also opened 4 more stores recently so growth could be coming back in top line.

Overall, happy with the update and the board's progress.

blondeamon
25/4/2017
06:18
1.4 LfL so under half Singer's target.....
toffeeman
24/4/2017
09:45
Like your reasoning, but I tend to think the positive news is already priced in from below 200. As ever, CPR moves in mysterious ways and it'll be interesting to see what happens... From a spectator PoV.
only who?
24/4/2017
09:28
Topped up again today, my second biggest holding. I am very positive about tomorrow.

N+1 Singer predict a 3% like-for-like which if happens will propel sales to positive territory and along with the 16% expected Europe rise will have profits on the high end of expectations. Maybe even an exceeds :)

All IMO/DYOR.

blondeamon
21/4/2017
20:01
Hi blondeamon, really sorry I can't cut and paste it. The essence of it was about how the modernisations would add significant value over the next 3-4 years, and they targeted 10% bottom line return by 2021. That would mean 3 times the profit we make now!
simso
20/4/2017
14:19
Simso do you have the note? Can you paste here?
blondeamon
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