Pets At Home Share Discussion Threads

[inever] 26/11/2021 20:40

Today Petsathome proved it's defensive qualities as an investment.

[robertball] 25/11/2021 12:31

I would thought so

[mr hangman] 25/11/2021 10:52

Well it must be a buy, south of 5 pounds

[robertball] 23/11/2021 22:19

Last time I bought and sold I made 97p. On £4k. A 10% annualised return. Difficult knowing when to sell

[chiefbrody] 23/11/2021 17:10

40% increase in sales they're targeting. Can't see that happening overnight. My guess is 2-3 years. £7 share price if they can get there (assuming profits rise in tandem) imo.

[inever] 23/11/2021 15:36

It sure is. The only question I have is their definition of "medium term".

[don carter] 23/11/2021 09:33

Very good results. See few 'internal' reasons for anything other than steady rise beyond 500p.

[lennonsalive] 23/11/2021 09:17

Looking for this to get past 500, then upwards

[robertball] 23/11/2021 08:46

Hmmm. Yes, down day

[spyder] 23/11/2021 08:26

I think the main issue is with the FTSE having a major wobble. Jay Powell being renominates for the Chair of the Federal Reserve has renewed focus on inflation risk …

[robertball] 23/11/2021 08:18

Bit volatile

[chiefbrody] 10/11/2021 08:51

More MM games. Must have a big order to fill.

[chiefbrody] 04/11/2021 13:08

Maybe aye.Guidance upped again. Good to hear.Hopefully another attack on 500p in the run up to results.

[spyder] 03/11/2021 07:54

Trading update -> FYE 22 profit above analysts expectations, CEO to step down as a ‘good leaver’. This might leave PETS vulnerable to PE interest?

[chiefbrody] 29/10/2021 14:26

Something spook the markets this am or usual traders having a laugh.

[roguetraderuk] 29/10/2021 09:05

on an ev/sales, pets works out more expensive then zoo, but on any other consideration its cheaper or considerably cheaper such as vs cash profits where pets is at a quarter of the zooplus knockout bid. fwd pe for 22 and 23 is presently 23 and 20 respectively, but you can argue both of these expectations could be pushed lower given pets has a history or beating and raising. the market will be focusing on margins during the current period and what they see going forward given the supply chain issues across most industries.

[spyder] 29/10/2021 07:56

—> Chiefbrody The final H&F/EQT bid for Zooplus was for 57x 2020 EBITDA. PETS currently trading at 11.47x EV/EBITDA - almost exactly equivalent to 20% of the Zooplus valuation. PETS is looking very good value at these levels IMO…

[inever] 13/10/2021 09:10

According to Similarweb, website traffic to petsathome.com has increased by 31% May to September 2021 compared to 2020. 2021 2020 INCREASE Sept 4.42M 3.65M +21% Aug 4.88M 3.85M +27% Jul 4.75M 3.70M +28% Jun 4.50M 3.40M +32% May 4.85M 3.30M +47% TOTAL 23.40M 17.9M +31% Looking forward to the interims announcement.

[chiefbrody] 22/9/2021 15:48

So Zooplus being sold for 3.3B Euros. About 2.75 B quid ish. Pets valued a bit below that currently .2.5B according to this site).Anyone know what kind of sales and profit Zooplus do compared to Pets.

[spyder] 08/9/2021 06:48

EQT (owner of IVC) and KKR are both considering rival bids for Zooplus - again, reads across very favourably for PETS.

[chiefbrody] 23/8/2021 12:10

We'll whatdoyaknow it's rising back up nearly as fast as it fell!

[spyder] 22/8/2021 17:15

Full page article in the Sunday Times focussing on the CEO. No great revelations other than speculation by the journalist that P@H might be a takeover target and mention of IVC Evidensia as a possible suitor. Personally, I think IVC is the least likely acquirer for P@H, but the favourable valuation comparison with Zooplus (also referenced in the article) adds to the speculation that P@H may be of interest to someone.