Pets At Home Share Discussion Threads

[staylow2] 13/6/2018 08:35

All your points might be correct. But you can’t deny that’s a pretty significant bear flag forming.

FYI I don’t hold a position so I don’t hold any bias on this stock.

[kmann] 13/6/2018 08:29

How many of you short selling genius' have realised the following :

A Pets are NOT going bust
B How much cash and profit they generate?
C Now they have slowed down new store openings, they will have more free cash to hand out as special dividends, that means the shorts will be forking out again.
D Major share purchase seem to equaling the number of new shorts, less shares on the open market.
E Potential for an overseas buyer to snap up a profitable brand at rock bottom.
F So all of the above is going to lead to a an over crowded trade on the short side, and subsequent short squeeze.

[bashor] 12/6/2018 16:36

Just taken a position here based on the director buys, dividend yield and massive short position, looks like a great investment also hold a large position in GNC also with a huge short position

[cantrememberthis2] 12/6/2018 15:28

That's a huge director buy for pets on top of the £100k...

Woah

[chiefbrody] 12/6/2018 12:14

Depends how long they've been short. If from 200p.....a bid now isn't going higher than that.

[cantrememberthis2] 12/6/2018 11:45

Shorters on PETS are very happy to pay the 5p dividend
Good luck to them.
A bid would wipe them out completely... Bought more today

[chiefbrody] 12/6/2018 09:58

Hopefully no bid soon. The share price was 300p once. I'd like it to reach that again in a few years.

[dplewis1] 12/6/2018 09:26

Page 8 of the City AM has a piece on Mars buying AniCura 'as the worlds largest pet food maker expands its veterinary business amid a boom in pet-related spending'. Second such deal this month for Mars..wonder if they'll make it three..? According to the article there have been 17 pet related deals globally so far this year..

[cantrememberthis2] 11/6/2018 19:53

Top100 retailer Pets at Home is using automated technology
from Conveyor Networks in its warehouse that dovetails with the retailer£s sustainability policy. The new system, which promises efficiency, greater productivity and real-time stock visibility to provide accurate deliveries to its customers, will use cardboard rather than plastic bags as part of the retailer£s commitment to sustainable packaging.

Our view: These five retailers are leveraging their £retailer might£ and status to champion the change towards a sustainable retailing. In my opinion, it£s about time brands transformed their business strategies to a more eco-friendly consumption as this is playing a part in meeting ever-changing consumer demands. Consumers£ lifestyles and consumption habits are changing and so should retailers£ tactics. These retailers are doing just that.

hxxps://internetretailing.net/themes/themes/-ms-boots-mango-and-pets-at-home-along-with-ikea-pledge-a-sustainable-future-by-2020-17866

[zoolook] 11/6/2018 16:52

No need for that. Filtered

[cantrememberthis2] 11/6/2018 13:14

Crystal - you are wrong.
Long Summer? PMSL 3rd Aug 18 trading update.
Get your assumptions correct before casting a bearish shadow.
Now disappear!

[crystball] 11/6/2018 13:09

Tempting to buy more at this price. After dividend is paid price will drop and after that a long summer with no news. The price may drop a little more and then I'll look again. I like the business model. Not sure if it will be possible to maintain the same level of dividend going forwards.

[cantrememberthis2] 11/6/2018 10:31

KMann, it was their associates or spouses, makes you wonder why the DIDNT buy themselves, is there a blackout period?

Bid?

Who knows!

[cantrememberthis2] 11/6/2018 10:28

Bought another £10k today!

[hvs] 11/6/2018 10:27

Is it getting ready to BARK then ??? Woof woof

[kmann] 11/6/2018 10:20

Strong buying momentum today. News of directors buying raising eyebrows imo.

[cantrememberthis2] 11/6/2018 09:39

Shifters on PETS desperately trying to take this lower. With 2 more trading sessions before thy get stiffed with a large % dividend of 5p. Seems to be that dividend hunters and 3x Director RNS with an upgrade from Morgan Stanley is pointing for a move north... Hedge funds, the smart ones are banking their profits.

GLA interesting few weeks ahead!

[kmann] 08/6/2018 17:02

lOOKS LIKE SEVERAL BUY SIGNALs THIS WEEK, DIRECTOR BUYS, MS UPGRADE, ALSO NOTED COLTRANE REDUCING THEIR SHORT.

So translating MS, pets NOT going bust (i really needed them to tell me that!), SO buy it now we have marked the price down for you, and before the shorts close, and for a whacking dividend. So good to know the city isn't corrupt!

Looks like an overcrowded trade down here if your are short, the smart money taking their profits before the rush to close, or a bid emerges and spoils the day for them.

Pets more resilient than most think, and what a divi!

Bought today, thought the sell off after results overdone.

[cantrememberthis2] 08/6/2018 14:12

Pets Insider Buying BuyToday 14:11330,000 shares bought between 3 relations/associates of Directors 7th June 2018.
77,000 bought by Pets CEO at 140p.
Morgan Stanley upgraded Pets to equal weight.
Dividend of 5p coming.
And shorts with greed are shorting still at these levels.
FOLLOW the money. Insiders know more about his well Q1 2018 trading is going and they have bought £0.5m of stock.
Shorts can keep holding this down but buying pressure will resume as Investors see the Director Buys...
Algos will be noting the RNS buys!
I bought more at 125.7p
More funds in train.

[cantrememberthis2] 08/6/2018 10:12

Pets at Home Upgraded by Morgan Stanley today:
Morgan Stanley upgraded Pets at Home to ‘equal-weight’ from ‘underweight’ on Friday following significant recent share price underperformance.

The bank, which kept its price target on the stock at 125p, said that while it remains cautious about the company’s longer-term financial prospects, the issues are now fairly reflected in the share price.

MS has had an ‘underweight’ rating on the stock since it initiated coverage shortly after the IPO in 2014, amid doubts about the sustainability of gross margins on the retail side of Pets’ business, while more recently it highlighted that many of its vet joint ventures are struggling to reach profitability.

"Despite significant recent price investment, Pets at Home's Retail business still has a gross margin of more than 50%. We think this will prove difficult to maintain, given rising competition from discounters, supermarkets and online specialists."

The bank said its concerns on these issues remain, but they are now priced in as the shares have almost halved since the beginning of last year and are now down around 60% from their 2015 peak.

"Whilst earnings forecasts have fallen, the shares have de-rated significantly and now trade on a single-digit price-to-earnings multiple on consensus forecasts," Morgan Stanley said.

"We think gradual further earnings downgrades are likely in the medium term, but we do not envisage a big profit warning anytime soon. Nor do we see the shares de-rating much further."

[spotdog40] 08/6/2018 08:13

Mars news exciting. Strange that they’ve bought Linnaeus first, but I suppose it was “For sale”.
Mars has been monopolising the veterinary market in North America, and I’d guess they’ll have similar ideas here.
They bought the 500 hospital chain VCA for $7.7Bn last year - yet they could probably pick up the 500 clinic PETS for just the £1Bn. As a major pet food manufacturer they might even be able to make use of the pet shop business?