Pets At Home Share Discussion Threads

[yump] 13/4/2017 13:33

Had some of these recently. The share price doesn't tie up with the performance imo and maybe shorting has been distorting it. Not sure its correct to lump PETS in with other retailers at all, with the Brexit doom stuff. At least haven't bought near a top.

If its a bottom, not sure its played out yet either.

[staylow1] 13/4/2017 12:26

Potential shorts covering positions? If so should show on shorttracker tomorrow, maybe.

[farfromhome12] 13/4/2017 12:20

What's caused such a big move...can't see anything in the news...anyone any ideas?

[staylow1] 13/4/2017 12:06

Big seller out of the way?? Biggest move long I've seen in a while for this one. Will be interesting to see how it closes.

[fizzypop] 10/4/2017 12:14

This does rather appear to be chained in its kennel.

[onjohn] 09/4/2017 16:45

I fear ano profit warning

[yump] 09/4/2017 14:59

Surely pets are like chocolate ? They get stuff bought for them regardless of the economy, Brexit or any other world affairs.

[pugugly] 08/4/2017 16:33

All UK retailers under pressure - seen as a sector suffering under Brexit -

[crystball] 08/4/2017 16:32

You'll be buying about 10p a share cheaper than the CFO director purchase if you do. I can't understand why the share price is so low. Maybe people don't trust the CFO's judgement?

[2bluelynn] 08/4/2017 12:00

It must be a good buy at these levels with the Divi to support the share price Looking at the three year chart it could go a touch lower to support on the the three year chart any thought any one would be much appreciated as I'm about to get a load Thankyou in advance

[sao1] 07/4/2017 17:09

Fair point about DYOR. (Btw, I'm long in PETS - long term).

[qantas] 07/4/2017 11:29

hxxp://shorttracker.co.uk/company/GB0031274896/all

Betting Against U.K. Retailers Hits 2-Year High Amid Brexit Jitters
06/04/2017 12:45pm
Dow Jones News

Marks & Spencer (LSE:MKS)
Intraday Stock Chart

Today : Friday 7 April 2017

By Philip Waller



LONDON--Betting against U.K. retail stocks has hit a two-year high as investors fret about the potential impact on the sector of a "hard Brexit", a study released Thursday showed.

Grocers including Ocado Group PLC (OCDO.LN), Wm Morrison Supermarkets PLC (MRW.LN) and J Sainsbury PLC (SBRY.LN) hold the top three places respectively in a list of the most-heavily shorted stocks in the sector compiled by research group IHS Markit.

Marks & Spencer Group PLC (MKS.LN), Halfords Group PLC (HFD.LN), Sports Direct International PLC (SPD.LN) and Pets at Home Group PLC (PETS.LN) have also been targets of short-selling, in which investors bet on a downward movement in shares by borrowing and selling them in the hope of buying them back at a profit later.

Online grocer Ocado is also the third most-shorted stock in the FTSE350 Index as a whole, with more than 15% of its shares out on loan.

Investors keen to hedge against uncertainty caused by the U.K.'s vote to leave the EU have been shorting UK stocks with a heavy domestic revenue profile since the middle of last year, IHS Markit said.

Shorting of retailers, many of which get most or all of their earnings from the U.K. market, has surged in the last few weeks as Britain has triggered Article 50, the EU's mechanism by which an existing member leaves the bloc.

The bets now represent 3.3% of the total shares of the 43 retailers in IHS Markit's study, the highest average for the sector in more than two years.

IHS Markit analyst Simon Colvin said a growing number of disputes related to the U.K.'s EU exit, such as last week's row over the sovereignty of British overseas territory Gibraltar, risks a so-called "hard Brexit", in which the U.K. would quit the EU without a trade deal after the official two-year negotiating period.

"Such an outcome could leave retailers paying more for imported goods, owing to both tariffs and a falling pound, while potentially limiting their access to the foreign staff who play an important role in the U.K.'s service industry," Mr Colvin said.

While supermarkets have been shorted for a while due to competition from discounters, more bearish sentiment towards clothing and sport goods retailers in the last few weeks indicates the market is steeling itself for a slowdown in non-essential spending, he added.

Short interest in M&S has more than doubled in the year to date to 9% of shares outstanding, while shorting of Sports Direct and Pets at Home has climbed by more than a third since the start of the year.



Write to Philip Waller at [e-mail]



(END) Dow Jones Newswires

April 06, 2017 07:30 ET (11:30 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.

Please do your own research.

[fizzypop] 06/4/2017 19:35

174p maintained as the intraday low.

[sao1] 06/4/2017 18:39

Betting Against U.K. Retailers Hits 2-Year High Amid Brexit JittersSource: Dow Jones NewsBy Philip Waller LONDON--Betting against U.K. retail stocks has hit a two-year high as investors fret about the potential impact on the sector of a "hard Brexit", a study released Thursday showed.Grocers including Ocado Group PLC (OCDO.LN), Wm Morrison Supermarkets PLC (MRW.LN) and J Sainsbury PLC (SBRY.LN) hold the top three places respectively in a list of the most-heavily shorted stocks in the sector compiled by research group IHS Markit.Marks & Spencer Group PLC (MKS.LN), Halfords Group PLC (HFD.LN), Sports Direct International PLC (SPD.LN) and Pets at Home Group PLC (PETS.LN) have also been targets of short-selling, in which investors bet on a downward movement in shares by borrowing and selling them in the hope of buying them back at a profit later.Online grocer Ocado is also the third most-shorted stock in the FTSE350 Index as a whole, with more than 15% of its shares out on loan.Investors keen to hedge against uncertainty caused by the U.K.'s vote to leave the EU have been shorting UK stocks with a heavy domestic revenue profile since the middle of last year, IHS Markit said.Shorting of retailers, many of which get most or all of their earnings from the U.K. market, has surged in the last few weeks as Britain has triggered Article 50, the EU's mechanism by which an existing member leaves the bloc.The bets now represent 3.3% of the total shares of the 43 retailers in IHS Markit's study, the highest average for the sector in more than two years.IHS Markit analyst Simon Colvin said a growing number of disputes related to the U.K.'s EU exit, such as last week's row over the sovereignty of British overseas territory Gibraltar, risks a so-called "hard Brexit", in which the U.K. would quit the EU without a trade deal after the official two-year negotiating period."Such an outcome could leave retailers paying more for imported goods, owing to both tariffs and a falling pound, while potentially limiting their access to the foreign staff who play an important role in the U.K.'s service industry," Mr Colvin said.While supermarkets have been shorted for a while due to competition from discounters, more bearish sentiment towards clothing and sport goods retailers in the last few weeks indicates the market is steeling itself for a slowdown in non-essential spending, he added.Short interest in M&S has more than doubled in the year to date to 9% of shares outstanding, while shorting of Sports Direct and Pets at Home has climbed by more than a third since the start of the year. Write to Philip Waller at [e-mail] (END) Dow Jones NewswiresApril 06, 2017 07:30 ET (11:30 GMT)Copyright (c) 2017 Dow Jones & Company, Inc.

[staylow1] 06/4/2017 11:02

Wow, didn't think this would get to 175.

[fizzypop] 31/3/2017 12:03

Thoughts on the divi.

Last interim was raised 25% (2 to 2.5p) - ex-div 18 Aug
Last final was raised 52.7% (3.6 to 5.5) - ex-div 1 Dec
Total divi for year was 8p
So if we get 25% uplift as a minimum then that's 10p for the year, possibly more
if the final is increased as previous.
If you managed to buy at 174p then forecast yield could be 5.7% using 25% uplift.

[fizzypop] 31/3/2017 08:49

IC sell tip but vols low in first hr of trading.

[fizzypop] 30/3/2017 17:18

WheelieDealer‏ @wheeliedealer 5m5 minutes ago

Hammer Candle on PETS yesterday and bullish Engulfing Candle today - that's a nice setup.
0 replies . 0 retweets 0 likes

And no don't ask me to explain.

[fizzypop] 30/3/2017 17:08

A 4% rise to 181p from the intraday low of 174p yesterday and obvious consolidation from afternoon on. Steady as she goes then with a prospective yield of some 5% in 2017 if I decide to hold.

If you had wanted some excitement late today then RPC was the place to be where a 8% gain could be made in 30 mins with a risk to match.

[fizzypop] 30/3/2017 09:05

Looks like we have a great breakout developing. Target 230p.

[spoole5] 29/3/2017 19:38

Think i'd prefer to see a bounce off a few closing lows.

[gswredland] 29/3/2017 17:08

But is it the longer term low??

[fizzypop] 29/3/2017 15:19

Caught the low at 174p with 1700 share purchase.

[alibx11] 29/3/2017 12:10

Currently 4.42% short but thats only positions open above 0.5% so may be slightly more.

Latest position to change was Polar Capital reducing its short from .92% to .89% and that was last week on the 22/03/17

[spoole5] 29/3/2017 11:36

This is starting to look interesting but that knife is still falling!! Anyone know the short positions outstanding?