Pets At Home Share Discussion Threads

[staylow2] 25/7/2018 13:28

I saw a chart like this before... same story, shorters adding further positions, chart noise diving. And loads of comments about how the shorts have it wrong.

CLLN.

[kmann] 25/7/2018 13:23

hiv, the ultimate buy signal. (flitered many years ago)

[hvs] 25/7/2018 12:17

Woof woof woof ,

What a DOG.

[bashor] 25/7/2018 11:54

I may well add more before the trading update, looks a bargain now with a very good yield, I’m sure the directors know the mid term potential here hence there investments GLA

[gswredland] 25/7/2018 09:35

Tempted to buy in but that chart looks so bad

[kmann] 25/7/2018 08:28

Anyone watching this?

Really good series, and I think there is a cat/kitten version too. Good for business.

I just dont trust some of the sellers on Amazon (do people even realise independent sellers can list on amazon), glorified market traders imo, no better than ebay, and probably low quality chinese imports, ie zero quality control.

Pet = babies for many people, so they pay for quality.

[chiefbrody] 25/7/2018 08:01

Thats what i said to her lol.She probably has a bee in her bonnet :-)

[pete160] 25/7/2018 07:55

I would think that the animal rights brigade would be all over them if there were any genuine issues over mistreatment of animals (and PETS must know that every store is probably targeted weekly by those types looking for a headline for their single issue cause)

As with any large company there will inevitably be a rotten apple in the team where processes aren't followed or a rogue employee who might neglect the livestock - but what better response than being able to highlight that you have 'we have multiple vets, on site in store, every day of the week' How many other pets stores or puppy breeders, fish centres, guinea pig breeders, etc, can say that ?

[chiefbrody] 24/7/2018 23:00

Local store on my way home from work so i just pop in there.Their website is ok (just ok) when I've been browsing it.Told my friend (who looks after animals for a living so gets through a fair amount of pet food) about numerous good deals on pet food that Pets currently have, but she said she wont shop their in protest at Pets for selling animals! (and i guess the way theyre looked after)I've only ever seen Guinea pigs and the like, in cages/baskets in store and cant really comment on how theyre treated.

[pete160] 24/7/2018 22:52

Just my feedback but I've recently switched to buying all of our dog food from pets. Mainly as I'm now a shareholder and partly because the amazon suppliers hiked the price and I discovered it was only now £2 on £40 spend more getting it from pets.Free next day delivery from pets on orders over £35 too.On the downside, pets website needs a damn good revamp to compete with other online retailers - it's too slow and clunky (just as the epos systems are in the stores). Some places the site mentioned next day, then it switched to 3 days when I ordered but actually turned up next business day. I get the impression that the 'back office' is built /run on a shoestring. That's ok when it works, but a disaster for the business if it doesn't.They don't seem to have got the same joined up marketing that amazon has (hardly surprising) but even sainsbury's are now sending the correct coupons based on previous purchases to get me back to store.Not experienced the vets side of things as our vet lives 5 doors down the road from us so might be awkward to change! (and who am I to deny him his shiny sports car parked outside! ) Pets appears a good business, but even to my untrained eye, it could do a lot better with the basics.

[yump] 24/7/2018 20:29

Retailers reporting slow sales because of hot weather, but whether that includes pets... ? Our dog has long fur, so its had an early trim at the groomers to keep a bit cooler.

On a separate subject, the combination of Google listing Amazon on just about every search result for a product and doing it multiple times, has destroyed a lot of businesses that otherwise would have had good opportunities online.

With a few mates, we've been looking at putting something together on social media to encourage people to find shops that are not Amazon, to buy the same stuff from.

OK, it might well cost a few % more and it might not arrive tomorrow, but ultimately its our kids jobs, small retailers etc. etc. that suffer.

Last week all of us bought stuff deliberately not from Amazon.

I bought £60 of books from Waterstones. £2 more than Amazon, which is totally irrelevant. Arrived in exactly the same time as it would from Amazon. As far as I know Waterstones pay their dues in tax.

imo time we all stopped knowing the price of everything and the value of nothing, to quote an old saying.

No good moaning about shops closing and struggling and job losses, when we're all contributing to the problem.

Its not just 'online' that is doing the damage. Pure online retailers find it difficult to compete with Amazon, as they can't even get one result on the front page of Google search results.

Online should not be a winner takes all place.

[kmann] 24/7/2018 20:11

Pets holding their own online, and amazon can't exactly do pet practice can they.

As someone said to me, who do you trust to sell you quality, ebay/amazon or pets? You wouldn't buy your baby's milk formula off ebay would you.

[chiefbrody] 24/7/2018 17:58

Not adding any more to my small position (av 129).If this carries on tanking then clearly, there are bigger issues than we know.I've switched all my pet food buying from Amazon to here so little more i can do lol.Look at the insane share price rise in Amazon over the last few years then compare everything else in retail. Would almost be a mirror image.Somebody in power really should be levelling the playing field a tad but who dares stand up to Amazon (besides Trump).

[cantrememberthis2] 24/7/2018 16:48

kMann, Ive reloaded here. Lost £3K from 146p down to 129p.
Once bitten twice shy. This time want the rebound that has got to come our way.

Due to the clear savings made and media:
Apparently £70K recruitment and training savings (small beer but improvements)
Liverpool Store Opening going ahead, so growth okay
Sly Institutional Investors Rejoining the 2% above club (Norges and Schroeders (Big))
Large Short Positions even this CLOSE TO TRADING UPDATE
Cash generative
Little Debt in comparison to revenue
Pets need to eat and be well!
Massive Director and Associated Director Buys!

ALL IMO DYOR

[kmann] 24/7/2018 16:17

if there pulling in the cash, agree, rollover no issue, and they are pulling in the cash. They can also start paying it down, and or get a better deal.

[cantrememberthis2] 24/7/2018 14:53

picture - debt rollover...

[pictureframe] 24/7/2018 12:42

The only thing that puts me off is the debt position , they are carrying a lot of intangibles and the debt repayment due in 2020 cant see how they can repay that.

[kmann] 24/7/2018 11:04

I think PETs mentioned the term resilience in their last update. I expect that to maintain. Good weather other past few weeks/months should have had a good footfall effect imo, plus online have kept pets at the top.

Add in all the ii buying and director/relative purchases, and stock out on loan, this has have explosive upside potential. Plus the chance of special dividends.

You can't ignore the fundamentals here for much longer imo.

Love you PETs. BUY 200p (300 longterm)

Oh, and the dividend!

[gswredland] 24/7/2018 08:33

Yep and amazing dividend at this price if it can be maintained

[staylow2] 24/7/2018 08:19

ATL - Where next.

[scemer] 19/7/2018 13:51

Nice to see chairmans wife buying £250k of shares

[gswredland] 11/7/2018 12:10

This year the all time low is 123 by the looks of it

[nw99] 11/7/2018 09:51

When should I buy back into this chart looks awful