Pets At Home Share Discussion Threads

[pomp circumstance] 01/4/2014 08:40

Why didnt Vince Cable make them IPO at 145p? LOL

[montyhedge] 01/4/2014 08:32

Will Petsmart of US want to expand and bid for Pets at Home.

[minerve] 31/3/2014 21:11

We do not need to de-ramp an obvious IPO failure.

IMHO & DYOR

[scrabble1975] 31/3/2014 13:20

Keep it up fellas, lol. How much do you get paid? £5 per de-ramping post? Lol

[davidtil] 31/3/2014 08:14

Is still a doggy doo !

[skinny] 28/3/2014 16:58

They also increased their share holding from 27,090,000 to 30,034,403.

Their shareholding is now 6.007% and the option equates to a further 6.0%

[adamsouthwest] 28/3/2014 16:46

Merill Lynch are not buying more. What they bought was a call option equating to 30,000,000 shares and part of the post float stabilisation process. The option expires on 11 Apr but what we do not know is the option strike price.

[scrabble1975] 28/3/2014 15:05

Nice chunky trades today.

[scrabble1975] 28/3/2014 12:27

Merill Lynch buying more. Good to see. Happy holder at present.

[blueflex2] 27/3/2014 23:26

Pets population in 2013http://www.pfma.org.uk/pet-population

[cotton886] 26/3/2014 16:21

Thanks blueflex2

[blueflex2] 26/3/2014 16:14

@Cotton886, no idea about the dividend, it will depend on the results.

" With a market cap of around £1.2 billion, Pets at Home listed its 245p shares at the upper end of its initial 210p-260p price range. The specialist pet retailer forecasts a minimum underlying earnings before interest, tax, depreciation and amortisation of £110.2 million for the full financial year ending 27 March 2014. Based on its initial price range, Pets at Home will be trading on a forecast price/earnings ratio of between 17 and 20 times " the Investor Chronicle reported.

Margins are high. The services incl grooming, veterinary and insurance will increase its slice of total revenue after expansion. see company CVS group plc, only providing veterinary service.

[cotton886] 26/3/2014 14:47

I'm still holding - any idea when the first dividend is due?

[scrabble1975] 26/3/2014 09:39

Maybe, but I'm actually up at the moment having been scaled back and bought in for more at 228p on the day. I'm just being patient until the re-rally of the market is confirmed...

[blueflex2] 26/3/2014 09:11

Year end results will be coming up at the end of this month.

[minerve] 25/3/2014 17:41

Scrabble1975

You are too forgiving. Why entertain this share when there are so many others with better track records and are currently moving north?

Cut your losses and move on.

Market fundamentals should be moving this share north (if priced right); interest rates, UK growth, low inflation etc.. Next, BSkyB and others are benefiting. This is still left in ONE HUGE PILE OF ZEE DOGGY DOO.

IMHO & DYOR

[scrabble1975] 25/3/2014 13:47

I'm not wringing it off, although I'm disappointed that some of the directors have taken so much money off the table already.

[rlivsey] 25/3/2014 13:00

I thought this share was going to be dead cert winner.