Pets At Home Share Discussion Threads

[cantrememberthis2] 24/5/2018 22:23

Email from Up Top received tonight:

GAME ON - Will buy more as this drops.

Shorts can shove it!

[essentialinvestor] 24/5/2018 21:37

dp, very surprised at those stats.

[henchard] 24/5/2018 21:37

... says a report from The British Private Equity & Venture Capital Association :)

[dplewis1] 24/5/2018 21:28

I actually was of the same opinion but it is in fact incorrect. PE backed IPOs actually outperform:http://www.cityam.com/284974/private-equity-backed-floats-outperform-market

[hvs] 24/5/2018 21:25

Woof Woof give the poor dog a bone someone.

[essentialinvestor] 24/5/2018 21:16

PI's buying from private equity often ends badly,
but not for PE!.

Reading results, the rapid store expansion may be raising some questions.



Yump,

TATE is recoving strongly, nice FY results reaction today.

[nw99] 24/5/2018 20:39

I am seeing some value down good yield time to buy

[justiceforthemany] 24/5/2018 20:05

160p to 129p in a week! Technically oversold.

[staylow2] 24/5/2018 19:48

I’d not go against this charts direction..

[cantrememberthis2] 24/5/2018 18:35

I'm on £60k in now. Strong buy IMO regardless of directors moves. Shorts some closing others adding... Carnage onlybif you sell.

Most AT Trades sub @£500 tells you a lot. Gone beyond oversold and silly territory.
Email from Director Investor Relations means I'm happy.
Take this to 120p etc...3 down days and today felt like capitulation day. Bounce coming imo

[spotdog40] 24/5/2018 17:53

You can't begrudge them their share options at this price. At least paying them in shares incentivises them to try and turn things round.
If the market doesn't wake up to this company soon then they'd be better off taking it private.
They're paying out more in dividends than they would in interest at the present market cap.

[ianian4] 24/5/2018 17:30

The directors have had their snouts in the trough today. Being given these magical shares that just appear from nowhere.
Hang on a minute, they are paid with our money.
These people are paid hundreds of thousands for conduct and decisions which a monkey pointing a stick at a chart could do equally well.
Then they do their utmost to avoid paying tax.
They have the cheek to think they are more important than everyone else with their perks and other freebies. They really are a load of freeloaders.
No wonder a large portion of the public look at these mega earners in a state of disbelief.
Don't get me started on Private Equity.

[roulettewheel] 24/5/2018 17:03

I think in future I will avoid Private Equity sales, as we know they are "Dragons"!

[yump] 24/5/2018 16:36

Anything not growing just reverts to a p/e of 10. Then its just a waiting game.

[spotdog40] 24/5/2018 16:31

I've bought more. My holdings now worth about the same as it was at the beginning of the week!
Hovered over sell at 159 on Tuesday when I saw the results. They're disappointing, but so typical of this share that a small percentage drop in profits becomes a large percentage drop in price- from what was a pretty depressed valuation already.
I've watched the presentation, and I still believe in the veterinary business model. Just a shame that it needs cash at a time when the retail business is under margin pressure.
I think the business will transform from an ugly caterpillar of a retail business into a beautiful butterfly or a veterinary business, with the novelty of a pet shop attached.
Can't see much downside from here.
Take out the 5p divi, and you're looking at a share price of 125p, and a market cap of £625m
The same business that KKR bought for £995m and then floated for £1.23bn is now available at a 50% discount to it's launch price.

[roulettewheel] 24/5/2018 16:27

I bought some more just above 130. Bear case is 120, which is not as painful as pain so far so I am happy with position now.

[cantrememberthis2] 24/5/2018 15:02

I've bought more

[yump] 24/5/2018 14:07

If there's an opportunity to make money out of scaring people, it will happen. Problem is working out which ones are genuinely scary. The share price drops lead people to look for potential problems, but nobody looks much when shares are rising.

I thought MTC would recover but they have had very long running problems. Halfords have just given guidance for flat profits, which dropped the price, but the business is sound enough. You can't get your bike serviced online and there's plenty of other stuff that you wouldn't want to just order for delivery, without seeing it in person.

Seems that getting people into the stores is 99% of the battle and at least PETS have a fair few ways of doing that.

[bones30] 24/5/2018 11:33

cantrememberthis2? I don't understand? TCM?

[cantrememberthis2] 24/5/2018 10:47

Asshles are stop loss hunting

[cantrememberthis2] 24/5/2018 10:23

Each to their own..opinions are not fact... Clearly short

[walbrock82] 24/5/2018 10:19

Here is further analysis on Pets at Home, which includes interpreting their 2019’s guidance:

[cantrememberthis2] 24/5/2018 09:46

Balls deep got £50k now...