Carpetright Share Discussion Threads

[butterflycollector] 13/10/2019 20:19

I’d hazard a guess he is an employee of CR.

[kloppite] 12/10/2019 06:55

Show me a retailer who doesn’t have a permanent sale ?!

[diku] 12/10/2019 00:06

Does the Sale ever end at CPR?...same with DFS...

[kloppite] 11/10/2019 13:52

They�d only be unhappy if they were looking to sell at 9p but as they are in it for the long term their confident the share price will climb once Brexit is sorted and better half year and then full year figures are announced

[aim11] 11/10/2019 13:31

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.

[kloppite] 11/10/2019 07:42

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 !

[kloppite] 11/10/2019 07:38

Buy into Tapi ?? WOW !! Are you related to the Harris family. Why not do it now. I’m sure they’d be grateful for your money. Lol

[butterflycollector] 11/10/2019 07:19

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,

[kloppite] 11/10/2019 06:02

Yes I have many contacts in both CR and Tapi
Yesterday 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 !!

[butterflycollector] 10/10/2019 22:38

Here’s the thing, 3 companies mentioned in this thread, CR, Tapy and SCS, only one has future proofed by moving 70% of its product to UK supplier, clue to whom is the french name for rug, ( ironic )
I no longer have shares in any of the companies, however I will continue to share what I hear, I have friends in all 3 companies, the consensus from them is Tapi lot are generally content and see a future, SCS lot feel they are playing at flooring, and CR lot are hoping to get pension before it goes, genuine folk, genuine fears and hopes, my honest opinion, CR now won’t make Christmas, creditors wanting weekly updates on performance

[boraki] 10/10/2019 21:57

Yes, "bloody" brexit is doing my head in too. The quicker it is sorted the better.

Kloppite, sorry to put you on the spot, but do you know somebody in cpr, with you saying "talk from the top" etc. ( I hope you do),, please be truthful,,,,

I need this one to do well,,, I am hurting bigger than I have ever done in the last 40 years. :-(

[kloppite] 10/10/2019 21:43

Better than all the doom and gloom that some are spreading
If Tapi and Scs can’t eat into CR market share after one of the worst years in CR history then , I tell you , this price will soon start to climb.
It’s very very tough still but CR are still there and talk from the top is the future is positive
Need to get bloody Brexit sorted though

[boraki] 10/10/2019 21:16

Good or bad?

[kloppite] 10/10/2019 18:22

Considering Tapis awful results and the fact SCS are 7.5% down Lfl for last 2 months (this after modernising all their 100 carpet depts) I think some on here will be in for a surprise.

[clocktower] 08/10/2019 14:47

You hope CPR were at their low point Kloppite but I think you will find out that may not have been the case when the next figures are issued or maybe a trading warning statement.

butterflycollector, you are very optimistic, I would have expect you to suggest it could well be 5/6p.

[boraki] 08/10/2019 14:44

Yes, I'm becoming disillusioned with them too.

They cannot even tell you when the date is of the next trading update, when you ring them up. :-(

They tell you it is on the web site, and then you tell them it isn't, then they apologize and try to find out, and then they tell it has not been decided yet and will be put on the web when they know

Very poor show indeed

Start earning your salaries carpetright and get your finger out..

Disgruntled shareholder

[butterflycollector] 08/10/2019 14:27

CR will drop to under 8p by month end, watch this space

[kloppite] 08/10/2019 13:39

But you need to look at the context of the �15.4 million loss. 60% increase in loss against a Company in Carpetright who , last year , were at their low point. If they couldn�t capitalise on that then they never will.
On top of that margin is down , rent commitments of over �100 million to �150 million and fitters are leaving because of poor practice by staff by �doing deals� and chopping the fitters rates .

[clocktower] 08/10/2019 11:07

The rapid rollout and I guess they thought CPR would have been put to rest for good by the end of 2018 and although they are hanging on by a thread, they prevent Tapi enjoying the cream. Still no pain no gain.

[kloppite] 08/10/2019 10:57

Tapi have been forecasting they would be in profit this year!!! That went well then

[clocktower] 08/10/2019 10:31

Two years time profits will roll in for Tapi,they forecast, maybe if CPR hit the buffers sooner, I guess it could only take 12 months for Tapi.

Busy time of year for these companies, so by Jan we will know who has been laid to rest.

Remember what CPR stands for!

"CPR stands for cardiopulmonary resuscitation. It is an emergency procedure consisting of mouth-to-mouth respiration and chest compressions. CPR with rescue breaths allows oxygenated blood to circulate to vital organs such as the brain and heart"

I doubt it will survive as it might well be brain dead as it is.

[kloppite] 07/10/2019 07:20

Carpetright

[butterflycollector] 06/10/2019 23:18

Wow, now we see it CR staff who are positively promoting the business, ok Wilf, you have already taken a chunk from the shares, it’s brill, and now it’s diss the “new Cr” ie Tapi, let’s focus on 9p per share, if you really want to invest in carpets , look to Victoria, not retail