Home Reit Share Discussion Threads

[bouka1] 23/11/2015 09:22

my buy price 128p here-- will cross 130p by friday

[bouka1] 23/11/2015 08:34

Short squeeze over due here-- and it will come massive

[bouka1] 23/11/2015 08:32

with 1 billion offer-- price will run up shortly above 123p

[bouka1] 23/11/2015 08:30

run shorters run -- before its get you shorts down -running naked

[bouka1] 23/11/2015 08:29

128p before day ends

[bouka1] 23/11/2015 08:29

Good luck to all you good souls, who suffered all the pain--huge short squeeze will be coming

[bouka1] 23/11/2015 08:27

Dear shorters , run , its coming to eat u up

[my retirement fund] 23/11/2015 00:02

Well with press like that its going up and clockney ramper is on the scene....another smash and grap type its gotta be worth a turn on the pump and dump wagon at the very least me thinks.

[zoolook] 22/11/2015 20:33

Tricky to know whether to dive in or stay well clear tomorrow

[cockneyrebel] 22/11/2015 13:15

A PE of 10, a 4% yield, a ton of cash.

Trading on one times sales of Hombase alone.

Last year, the second half had a "Black Friday" in it when the previous year never had the manic Black Friday sales. This year you have a Black Friday v Black Friday so it reduces the tough comparisons somewhat, imo.

Ripe for asset stripping by splitting it up, grabbing the cash and gearing it up as private equity does imo.

All imo/dyor - obvious risks in speculating or buying for a bid only.

CR

[imperial3] 22/11/2015 12:56

Hopefully,it will be nice to see the shorters squeezed tomorrow.

[masurenguy] 22/11/2015 12:55

Predators plot £1bn takeover bids for troubled Argos owner
PRIVATE EQUITY firms are considering £1bn takeover bids for the owner of Argos and Homebase.

Several retail industry figures have been asked to advise on approaches for Home Retail Group (HRG). Buyout houses are understood to be circling following a slump in the company’s share price and an unusual pre-Christmas profit warning, which it blamed on uncertainty surrounding Black Friday promotions. HRG’s share price has halved since the start of the year and closed at 103.4p last week, valuing the business at £849m. It has £193m of cash on its balance sheet and a customer loan book of £550m, according to interim results released last month. Investment banking sources suggested this buffer would make the company appealing to bidders. However, they cautioned that buying HRG could still be akin to “catching a falling knife”. Argos and Homebase are saddled with big property estates and have been hit hard by the shift to online shopping.

Complete article here:

[imperial3] 22/11/2015 12:34

All retailers will have to face the living wage scenario,not just Home Disco Dave4.

[robhammers] 22/11/2015 12:22

LIVING WAGE CAN BE COUNTERED BY RAISING PRICES. Government after all want to create inflation.

[cockneyrebel] 22/11/2015 12:05

The whole reason I've recently gone long on HOME late last week imperial3.

Everything has a price, everything gets oversold and most things that fall like HOME have usually attracted shorters that think it's an easy one way bet.

Would expect a big short squeeze here at some point soo - just a matter of time.

Chart has taken a big fall, seen a huge capitulation volume spike and made a fundamental low imo.


free stock charts from uk.advfn.com


Any predator gets a good DIY business that they could sell off and get a good part of the £850m mkt cap back and be left with Argos which has a fantastic warehouse and logistics structure that it would take the likes of Amazon years and much more money to create. Not saying it would be Amazon who are interested but if you had a great profitable internet retailer that wanted a large warehouse/logistics set up then HOME would be ideal and Argos could also become very profitable under a good internet retailer cloak too imo

All imo

CR

[imperial3] 22/11/2015 11:41

In today's Sunday Times,in the business section,the headline is "Predators plot £1bn takeover bids for troubled Argos owner".I just wonder whether this will now stir the pot with Walmart/Asda which been a long timed rumoured bidder.

[discodave4] 21/11/2015 20:17

National Living Wage will hit HOME, ~£10m pa, that's quite a hit on their profit margins for 2017/18.Whilst retail sector may gain by people having more spare cash, it's a double edged sword.DD

[cockneyrebel] 20/11/2015 09:03

Best bellwether for the retail sector - tho of course each retailer has it's individuality :-)



John Lewis tills ring with £100m of weekly sales in countdown to Christmas as Black Friday draws near

[edmondj] 20/11/2015 07:47

Be interesting to see any research into subsequent performance of "most shorted stocks" as a category, over time. Given the propensity for crowded trades to reverse.

[masurenguy] 20/11/2015 06:37

No real evidence of an institutional sell-off here. Old Mutual added nearly 5m shares at the end of May and they have now disposed of 7m. They still have 40m or just under 5% and only time will tell if they reduce further. The main institutional seller has been RBC who have cut their stake by 40% but other than that there is no particular evidence - so far - that institutions are generally "selling out here".

One of the main factors depressing the shareprice is shorting and HRG remains the 4th highest shorted stock on the LSE with 9.5% of the shares in that category

Disclosed short positions in HOME RETAIL GROUP

BlackRock Investment Management (UK) Limited 1.08% ↓ -0.03% 2015-11-11
Immersion Capital LLP 1.48% ↑ 0.12% 2015-08-24
JPMorgan Asset Management (UK) Ltd 0.94% ↑ 0.33% 2015-11-11
Marshall Wace Asia Limited 0.59% ↓ -0.08% 2015-06-01
Marshall Wace LLP 0.67% ↓ -0.03% 2015-10-23
Newbrook Capital Advisors LP 0.55% ↑ 0.20% 2015-07-13
ODEY ASSET MANAGEMENT LLP 1.20% ↑ 0.05% 2015-10-15
UBS Global Asset Management (UK) Ltd 1.59% ↓ -0.06% 2015-10-22
WorldQuant, LLC 1.40% ↑ 0.04% 2015-11-12
Total 9.50%

I have no position here but it remains on my watchlist.

[cyberbub] 19/11/2015 21:41

Any comments on Old Mutual's holding RNS today? Are instis generally selling out here? Thanks for any info.

[jonny33] 18/11/2015 12:49

It won't be a loss, Home have already announced a half year profit of £34m up £1m on expectations, but expect the full year to be at the bottom end or slightly below the forecasts (hence the profit warning). They would literally have to shut shop to turn this into a loss.

[diku] 18/11/2015 12:33

And then there is a loss....