Pets At Home Share Discussion Threads

[pugugly] 09/6/2017 06:02

yump - Too true - That is why I often refer to them as analists not analysts !!! However I suspect all retails - whatever products they are selling are going to be under severe margin and competiton pressure - Falling exchange rates - internet competition - increases in mininimum wage - business rates - so may I suggest as sector to be light weight.

[yump] 08/6/2017 23:41

By whom and why ? otherwise as worthless a post as me saying I bought or sold, if indeed any of the analysts and brokers have a track record of being accurate.

Easiest thing in the world is to issue higher forecasts when shares are rising and lower ones when they are falling.

You hardly ever see rising share price forecasts near a bottom. They appear when a share has already risen 30% from the bottom.

Otherwise there is no face-credibility for the pundit, which of course is what 99% of the population go by. Forget science.

[staylow2] 08/6/2017 16:36

This was downgraded on 06/06 with a price target of 145

[spoole5] 05/6/2017 20:46

Believe we've seen the bottom now and we'll see 2 quid soon.

[staylow2] 05/6/2017 20:34

3 directors and their mate (assuming) buy in, as well as an ascending triangle on the chart. But heavily shortedHmmm

[crystball] 05/6/2017 17:00

Another PETS RNS relating to a person (Nick Anderton) closely associated with Peter Pritchard, CEO of retail, buying a substantial number of PETS shares.
See

Does anyone know who Nick Anderton is?

[maurillac] 30/5/2017 16:16

yes very encouraging. tempted to add to my holding
m

[crystball] 30/5/2017 14:46

Are people asleep! That's now 3 director purchases of sizeable amounts. What an opportunity.

[crystball] 30/5/2017 14:27

More director share purchases notified today. Interesting!

[alibx11] 26/5/2017 12:38

Shorters don't have to buy back anytime soon although some will close ahead of the ex Divi date of 15th June.

Fundementals of this company haven't changed and the it's still growing and increasing profits, it is adapting to curent business needs by offering more high profit vet and grooming services, but this is getting ahead of the game in a market where all analysists say they are losing out to online sales and bargain shops, although again they got that wrong with increased retails sales and revenues too.

Managment are doing a good job here, so the only reason we have lost 1/3 of the company value since Jan is purely down to shorters using the fact that this is not a highly traded share and they can manipulate the prices down quite easily.

[spoole5] 26/5/2017 11:35

Shorters will have to buy back soon.

[fizzypop] 26/5/2017 08:18

DT article:

[anthonyspencer1] 25/5/2017 09:17

Went in at 160 was concerned at 147 but happy now

[spoole5] 25/5/2017 08:30

Eventually the share price will reflect the value, unfortunately most people don't have the patience and the shorters know this. Just topped up at 157.

[crystball] 25/5/2017 08:29

I've increased my holding still further. It does seem strange about the shorting, but these results confirm the wheels have not come off the business model. Ok Import costs have increased with the change in foreign exchange rates. The hedging going forwards is a significant cost too. However, we are in a resilient home UK market. The dividend is being maintained and at the current share price gives a decent yield. Let's see what happens....

[alibx11] 25/5/2017 08:26

Nothing in those results warrant the fall from grace in the last couple of months...

Unfortunately there's nothing extraordinary to give it the boost it needs to recover either, continued steady growth and continued planned expansion of the vet services etc. over next 12mths, with more improved revenues so we're still at the mercy of those with deeper pockets and access to the Sets order book.

Whoever said shares were fair?

Or that the share price was a fair reflection of company health?

[gswredland] 25/5/2017 08:20

I am holding back. Not ready to get in yet. Think shorters will win for the moment

[spoole5] 25/5/2017 08:18

Shorter's last stand?!

[stocky12] 25/5/2017 08:17

I've obviously read the wrong set of results! These should be flying.

[yump] 25/5/2017 07:39

and you still meet people that think the Wolf of Wall Street is exaggerated !

If it does happen, no doubt there'll be a leaked rumour and then the hedge funds will buy in, making it easier to sell with little shareholder resistance.

(Although the hedge funds look like they took a hit on the Home Retail Group)

[spotdog40] 25/5/2017 07:26

Home Retail Group also heavily shorted before takeover.

[yump] 25/5/2017 07:13

Results seem fine. Pickup in merchandising recently.

In 'Outlook' it says PETS operates in a resilient market (just like chocolate (my words!)), so imo totally caught up in the 'retailer worry' issue for no reason.

I hope this does not go the way of Cadbury and the shorting doesn't make it an attractive target (deliberately?)

[staylow2] 25/5/2017 07:10

Well it reads good to me. Albeit I'm no accounts expert. So, surely the shorts should be gearing up to cover their positions. As well as reading well. This should fly?

[maurillac] 24/5/2017 22:05

Interesting postings spotdog. This looks like a decent risk/reward play for those with patience as I said when I bought recently, albeit a bit earlier than I could have !
Gla longs !
M