Carpetright Share Discussion Threads

[india57] 09/8/2018 00:37

They have lost they're buying gravitase and they have lost they're personality's.

[ltcm1] 08/8/2018 22:12

Kumala the sad thing is Carpetright has a culture from 25 years ago, when Amstrad were still making PC's and the internet was barely heard of.

I remember they started selling beds a few years ago and thinking it was the most stupid move, the idea of selling beds when so many others did it so much better was just too absurd for words. And in a bunch of smallish units too.

They did have something about them at one time but it was two decades ago now.

[kumala] 08/8/2018 15:31

Yes amazing. Float price about £1.47 high circa £12.00 now circa 26p. Dont ask me dates im on my mobile out n about not at my desk.K

[meijiman] 08/8/2018 08:27

Clueless clown management has brought this to its knees

[davycarpets] 08/8/2018 08:11

Words well said 100% true

[kumala] 07/8/2018 19:26

The share price is now at an all time low, it will take more than a bank loan, closing a few stores, and hiking prices to turn things around, and if anyone thinks working a few days a week builds and drives a company to greater turnover and higher profits is diluded, unless your Lord Harris or the like, which are far and few around, it might be an idea if somone looked at what CPR was built on in the first place, or has all the smoke and mirrors and confrence calls to stores and charging fitters for work contracts and hiking delivery charges, naplock n gripper charges as well to such an extent the add ons out price the carpet, which to be honest thats all the customer will see once fitted, any way, enough said, no point in deliberating a company that has fallen from grace so badly, any stock holder now still in is sitting on a loss, and I guess thats everybody, as the share price has never been so low.
I remember the times when CPR was in the news practicly weekly, and thats the BBC 6pm, 10pm news, the darling fo the stock market in years gone by now treading water.
Needs rebuilding from the ground up, and like I said, looking at the origonal template that the company was built on on the first place will be a good place to start, if any body can remember what that was, after all it was a long time ago, shows my age I guess, lol.
aimho.
Regards.
K.

[meijiman] 02/8/2018 09:47

Clueless clown running this

[davycarpets] 02/8/2018 09:25

Get rid rid rid...........

[kumala] 01/8/2018 23:20

What a mess this has turned out to be............I'l Say no more.K.ps. No longer holding.

[allstar4eva] 16/7/2018 17:38

Apologies if it wasn't clear. It was an old post by someone else.

[bouleversee] 16/7/2018 14:05

allstar4eva -

I don't know where you get those prices from. The share price was 28p when I looked this a.m. and is only a couple of pence up now. I declined to take up my discounted offer at 28p as I thought there was more chance of collapse than recovery. We shall see.

[meijiman] 13/7/2018 11:30

Who was the ceo in May 16 who bought stock at 400p?

[allstar4eva] 13/7/2018 11:26

blondeamon13 May '16 - 10:15 - 876 of 1500
0 0 0
Today 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.

[allstar4eva] 13/7/2018 11:26

blondeamon30 Apr '17 - 22:55 - 1235 of 1500
0 0 0
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

[only who?] 05/7/2018 17:45

Some ship jumping. Wonder what they paid originally?

[diku] 02/7/2018 23:54

In the Plc casino markets when it all goes pear shape it is never Directors fault...always somebody else...worse comes to worse blame the geo Political environment...

[only who?] 26/6/2018 15:33

If nothing else, CPR will go down in history as one of the most manipulated shares ever.

[this_time_its_different] 26/6/2018 14:01

Wouldn't be surprised if the board of directors are shorting this as well. Most of them are probably looking for their next job, selling off all their shares and shorting as we speak.

[this_time_its_different] 26/6/2018 13:59

RIP Carpetright, another one will soon bite the dust

[clocktower] 26/6/2018 09:07

Next time expect them to blame the warm weather and anything else they can, other than themselves for the sorry state of affairs they have got themselves into. Of course they will not mention how others are flourishing and growing in size and profitability.