Instore Share Discussion Threads

[storyboy] 16/6/2008 15:52

Dont think so... report says "third party"...... not director !

[jacobia] 16/6/2008 15:47

Will Aziz be taking it private?

[storyboy] 16/6/2008 14:24

Wonder if Instore may get a little press coverage in the morning regarding who may be the interested party ???

Might also bring others out looking at these levels !!!!

[lawson27] 16/6/2008 09:23

thats more like it!!
Tayub bought 29.78% of the Company, paid 14.64p per share in may, surely he wants his money back at least!

[storyboy] 16/6/2008 08:47

Mr Tayub has approx 30% of the company owing above circa 14p and only top up in Feb this year......?

50m ?

[lawson27] 16/6/2008 08:40

at what price i wonder?

[storyboy] 16/6/2008 08:35

should get intersting..............

[801710245] 16/6/2008 08:24

Whoo-hooo, there she blows!

[storyboy] 13/6/2008 13:44

Something a foot !!!!!!!!!!!!!!!

A few buyers over the last 7 days..... or are they just bottom fishing ????????

Seems very quite from the company too.....

I have to say.. I popped into my nearest store the other day, about 10 miles away and it was very busy....... and that was on a Sunday afternoon !!!!!!

Maybe with many people watching their pennies at the moment a cheap end store could do well !!!!!!!!!

Time will tell..........

[libbyb] 05/6/2008 21:38

We are not the only shop to have 3 managers i am up here in Scotland and we have 7 shops in this region and each shop has 3 managers,there salary varies from between 19k and 30k so maybe as you say if they got rid of some of these there would be more money to spend on other things.

To much money being wasted if you ask me

regards Libby

[squibno1] 05/6/2008 20:10

3 managers !!!
sounds like the public sector !
time for the cost cutting on staff and spend a bit more on publicity

[801710245] 03/6/2008 15:45

Judging by today's share price performance, it looks like another tin of juice has fallen off a shelf (sigh).

[libbyb] 01/6/2008 21:56

Nope, i am just saying that the juice is falling of the shelves, sales in our shop are up a wee bit but nothing to shout home about. We don't get as much stock as we used to get. What seems to be happening is the are just sending in the stuff that they now are good sellers.

If they lost some of the managers they could save a bit, we have 3 managers in our shop and they are paid quite a good rate and in my opinion half of the managers are renowned for sitting in the offices drinking coffee all day.

The running of the shop is purely down to the staff on the shop floor, you now this when it comes to stock taking which is going on at the moment in our region, all the shops are sitting at 3 to 5% stock loss and the majority of the loss is down because of Booking in errors and the shop floor staff have sod all to do with this.

They reckon our shop is loosing £150 a day to either errors with the booking in or those pesky shoplifters.

regards Libby

[storyboy] 01/6/2008 08:53

Libbyb

Your sounding a lot more positive than your posts in February Libby, about stock now "falling off the shelves", does that now mean they just mite be turning things around........

[ialwayswinatmonopoly] 30/5/2008 15:49

The share price is suffering due to lack of news from the directors. There's enough to report on but pacifying the shareholders is not a priority for the board.

On a positive note, from my experience if & when news/update does come out the share price will rocket (relatively speaking). However, with the market for these shares been so illiquid it might be difficult to trade in any volume worth while.

[crumppot] 30/5/2008 14:44

Does anyone think they could go bust. Nothing good seems to be happening. In this economic climate they should be reaping the rewards

[libbyb] 29/5/2008 01:03

You are right and it is not just pepsi max we are doing oasis as well, you get any 4 cans coke, fanta, sprite, you name it we have it, well any way, 4 cans for £1 or 2 500mls (bottles) for a £1 and believe me when i say it is flying of the shelves i mean it.

We used to get 3 deliveries a week, that is now up to 6 and 3 deliveries is juice only.

At the moment all the shops are selling more juice than the rest of the stock that is on the shelves, if there is any shop that has any out of date stuff, very highly unlikely and it is written of it works out because we have paid so little for it it is hardly noticeable.

Batteries we have just purchased a ton load from Kodak same as juice falling
off the shelves

regards libby

[ialwayswinatmonopoly] 28/5/2008 21:33

£27.00, with a death date of 1mth. If you get this sort of gamble right then it will pay off.

NB. I also know for a fact that they bought a consignment of 'white label' pot noodle (ie., not Kellogs brand) with a tight death date and they got it wrong and a lorry full of the stuff ended up going to landfill!!!!

If they are getting this sort of thing right then I bet Tayub is gutted that the share price continues to flake.

I think that the shareholders deserve an update on the Ponden Mills purchase.

[ialwayswinatmonopoly] 28/5/2008 21:30

Tayub is not as astute as some are giving him credit for. Since the purchase of his shares he has lost over £10M and I don't care how rich you are that is going to hurt.

However, I do agree with the principal of buying 'near death' products providing they are purchased at the right price, which is key. I understand that the likes of Coke Cola sometimes massively over supply and misjudge seasonal demand and therefore find them with a lake full of stock that won't shift and therefore shift it to 2nd tier retail (thus by-passing the likes of Morrisons & Tesco). Often, these are purchased for 'pennies' in an effort to shift the stock. I know for a fact that a consignment of Pepsi Max was purchased by Instore for literally 'pennies'. A pallet of the stuff, with a retail value of £275 is purchased for an average of £27.00, with a death date of

[801710245] 22/5/2008 08:10

...not judging by the decision of those deciding to bale-out is doesn't...

Look what the rush to sell, over the last three months, has done to our share price

[forwardloop] 22/5/2008 00:33

If so gloomy folks, why has INVESCO upped its stake from ?? 12 to 17% over recent months?
Also recent purchase of a chain from the administrators looks astute.