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[imperial3] 27/11/2015 09:51

Black Friday,make or break? Anyone been into their local Argos store? Are they busy? Queues?

[discodave4] 27/11/2015 00:19

IMV they are not "vastly" different businesses, far from it. Whilst Amazon has no bricks and mortar / high street presence they both do have Internet offerings, and both are retailers foremost.Argos can beat Amazon on lower value items and are only slightly more expensive, not always though, for higher value items. Their bricks and mortar also provides a cheap alternative IMV for those who find it more convenient to quickly pick up the items (originally click and collect & now fast track collection) rather than having to stay at home and wait for delivery, even if it is next day.IMV in a couple of years upon completion of their transformation plan, Argos could, if all goes well, become a very serious challenger to Amazon.HOME just needs to offload Homebase and focus on Argos IMV.hTTp://www.theguardian.com/money/2015/oct/10/argos-amazon-deliver-same-day-primeDD

[oldvic] 26/11/2015 20:11

bricks and mortar
in every town

[jimmywilson612] 26/11/2015 19:50

Oldvic - there is not a chance either ebay/amazon would take on home retail group - they are vastly different businesses.

[oldvic] 26/11/2015 19:38

amazon or ebay will buy argos
still think it probable
latest board member from amazon
why is that i wonder

[imperial3] 26/11/2015 10:06

Good posts from kalkanite and jonny 33. Well worth a read,and they sum up the scenarios in a well reasoned way.

[jonny33] 26/11/2015 08:47

<<>

When two businesses work in collaboration eg Argos and eBay or Argos and Sainsbury's it takes time to build the relationship and understand how the benefits can be maximised and risks overcome, there is a lot more to come for next year. ;)

The problem with Homebase has been no investment, this is still a challenge when they are only making £20m profit a year, something simple like new functionality in IT can costs millions, and that comes from the profit line.

However you have to invest in order to grow so it's a tricky situation, but most important is having a vision, sadly Homebase has not had this, it is unsure of it's place in the market, eg it tries to sell Homeware and compete with John Lewis and Ikea, but also sells DIY and compete with B&Q/Wickes, it sells kitchens and competes against Wren/B&Q/Wickes/John Lewis/Independents. gardening is pitched against independent garden centres and chains like Dobbies....the list goes on.

Which begs the question what are Homebase known for? If you can't answer that question eg known for product x or known for price or value or quality then you have just discovered what the problem is with Homebase, it's not known for anything and is jack of all trades and master of none.

If you look at AO (Appliances on line) they are known for price and speedy delivery. John Lewis for quality of service, Ikea for simple design at great prices. Homebase has lost it's way and unless they can come up with a plan will continues to be lost. Lets hope the new CEO has what it takes.

As for Argos it know's what it want to be and has a plan which it is executing, there are speed bumps along the way but assuming it does not get derailed in two years time we'll look at today's share price as a great buying opportunity.

[casholaa] 25/11/2015 22:48

I got stopped out a few weeks ago I should resume my long a week or two after xmas. The footfall in the few Argos shops I know has gradually increased over the last 9 months or so but this doesn't mean they are making good margins. I think it's an error that they have been trimming their Homebase assets instead of making use of those buildings although I think it's excellent that they are farming out parts of the Homebase space to other businesses. What they are sorely missing is facilitating Ebay 'click & collect' from Argos -try buying something from Homebase on Ebay and you can't do 'click & collect' from Argos -doh! doh!

[jimmywilson612] 25/11/2015 22:43

The problem I think is that their biggest competitor happens to be the world most successful retailer, who doesnt mind not making a profit as long as they keep growing, and will do so ruthlessly.

[kalkanite] 25/11/2015 22:37

I have done a write up on HOME here if anyone is interested...



K

[discodave4] 25/11/2015 19:08

Jonny,Think I agree and no rush to get in here. Do think there is value here longer term though.Nice to see the board is troll free!.DD

[rolo7] 25/11/2015 17:05

Black friday sales have been brought forward check their website....

[solanki2000] 25/11/2015 14:13

We've dropped hell of a lot. Even without buyout rumours this should be on Region of 130 with assets alone. It's got a strong asset Base which is comforting. Black friday is the key and the trading announcement after and prior to the official one in Jan. Not sure how the company got itself into the situation where they placed their entire short/medium term future on roulette wheel they've chosen the black chip fot black friday. Let's hope it doesn't land on red!

[jonny33] 25/11/2015 14:04

Hi DD

I genuinely have no idea where the bottom of this is, or when it's going to come. The only thing I know for sure is that there is a trading statement due out early January, we'll then get to see what peak sales look like. I suspect they will reiterate the profit warning.

Even if the sales are better then anticipated, I'm not sure the extra sales will translate into extra profit.

[discodave4] 25/11/2015 13:58

Well done Jonny,Not in yet, just waiting for sub 100 again.NTAV 110pWill this get to 80p? DD

[jonny33] 25/11/2015 11:47

Is this cretin who spent all weekend and yesterday SHOUTING HOW IT WAS GOING TO 130P now saying how HE SHOULD HAVE SEEN IT WAS A PUMP AND DUMP?

Unfortunately this guys spamming posts have eclipsed and suppressed the serious debate about the impact of the rumour, those with experience would have commented that a spike in the price after a press article with no foundation would mean the price would come back down once the noise has gone away. I posted this on Monday morning where I said the price would float back down this week, sadly for Bouka1 if he is to be believed he bought at 1.09 and is now out of pocket, if he had engaged in grown up debate he wouldn't have made that decision and waited for the price to drop.

Personally I'm very happy with everything that has happened, I bought last Thursday at 1.02 and sold on Monday for 1.10, I'm going to have a very happy Christmas....I'm now waiting to buy back in again.

[graham2405] 25/11/2015 10:41

Based on a detailed assessment I have decided that Bouka1 is a moron.

[bouka1] 25/11/2015 09:50

WHAT A MISTAKE I MADE NOT SELLING INSTEAD BUYING YESTERDAY-- HOPE DOESNT DROP BELLOW 96P

[bouka1] 25/11/2015 08:28

SHAME ON ME, I COULDN'T SEE THIS PUMP AND DUMP

[bouka1] 25/11/2015 08:26

i HOPE IT DOESNT GO BELLOW 90P-- I AM UNDER WATER

[bouka1] 25/11/2015 08:25

IT WAS PURE PUMP AND DUMP, i FAILED TO REALIZE IT

[solanki2000] 25/11/2015 00:13

Lol exactly, it's not even been 10%, around 5% with today's looses.

[it_trader] 24/11/2015 21:14

You don't pump and dump for 10%, moron