Pets At Home Share Discussion Threads

[joe say] 03/8/2018 08:02

I'd agree - let's hope the market does (truth will win out eventually)

[kmann] 03/8/2018 08:01

in auction say no more!

[kmann] 03/8/2018 07:56

Joe
the update speaks volumes,
the share price is disconnected from reality,
markets are manipulated.

I'm away all morning so see how it fairs

[muchodinero] 03/8/2018 07:51

I thought retail was dead......imagine if other well known retailers posted results like this, their share price would rocket......! Financial summary

· Group revenue growth of 8.1% to £277.4m

o Retail1 revenue growth up 6.9% to £245.0m, including omnichannel revenue up 47.3% to £19.1m

o Vet Group2 revenue up 18.4% to £32.4m, including Joint Venture vet practice income up 19.9% to £19.4m where mature practices are growing ahead of the market and our naturally fast growing younger practices are performing in line with our expectations

· Group like-for-like revenue growth of 6.1%

o Retail like-for-like revenue growth 5.3%

o Vet Group like-for-like revenue growth 13.6%

[joe say] 03/8/2018 07:50

kman - bullet point version perhaps?

[kmann] 03/8/2018 07:49

I typed out a full review then my browser crashed, so I'll let the share price do the talking today!

[cantrememberthis2] 03/8/2018 07:48

Cashflow statement well communicated in last RNs.
No surprise there.
Good upping in revenue and footprint.

[muchodinero] 03/8/2018 07:45

Nothing will please the market if it choses not to like it. Sales and profits could treble, yet Shorts could still drive to the price down....the city likes a bad news story, especially if they can create it...

[joe say] 03/8/2018 07:41

nw99 - PETS helps the practices become established through loan support - some of which takes longer than thought to be paid back and some obviously ends up bad

To me this is the true negative to this company - that said the numbers presented and the performance to date suggest all is ok at the moment - for me a Buy

[paulhunt1] 03/8/2018 07:41

Remember targeting low/mid single digit profit growth. Looks pretty good to me. Should see shorts start to play elsewhere

[eastbourne1982] 03/8/2018 07:37

Calm down chap.

[bashor] 03/8/2018 07:27

I’m not so sure it’s good enough for the market, profit/cash flow remain inline with guidance on upped revenue

[nw99] 03/8/2018 07:20

Cash flow support what does that mean

[crystball] 03/8/2018 07:09

This is a good trading update.

[dplewis1] 03/8/2018 07:08

There are plenty of positives in there. So probably under a pound today then!

[gswredland] 03/8/2018 07:06

Last few paragraphs are a cause for concern. Are things really ok?

[davr0s] 03/8/2018 06:41

I'm a full time trader, so I'd like to think I'm a reasonably seasoned operator nowadays (though always still learning) - I need to make a return long term and not look excuses for why I'm not. You need to work out the market dynamics and have a consistent approach that will work in all market conditions - bull and bear. I know that buying/holding or doubling down shares in downtrends will eventually lead to financial ruin cos I've worked through the maths and done the testing which has taken me years to do - all the top traders/investors in history have done something similar so it's no accident that I've gravitated to such a similar style as theirs over time

[muchodinero] 02/8/2018 23:14

If you don't think shares can be manipulated then your in for a shock. Ocado played down to 200p over 12 months then 5 fold increase why making zero profit. Just read the seeking alpha link to see how hedge funds collectively control prices given the right set of circumstances.

[davr0s] 02/8/2018 18:58

Guess opposing views is what makes a market

[kmann] 02/8/2018 18:50

if the fundamental stack up and they report enough strength, this is has been underestimated thus undervalued.

There are some very clear fundamental and technical targets to the upside.

[davr0s] 02/8/2018 18:39

This has an awful lot of work to do to break trend regardless of where it goes tomorrow - there is masses of supply so any strength is highly likely to be sold into so I'm not touching this any time soon

[davr0s] 02/8/2018 18:37

I'm sure on very short timescales stuff gets fiddled around but I'm talking a trend from 300 to 120 - that's not manipulation that's big guys persistently selling

[davr0s] 02/8/2018 18:05

There's no manipulation - it's just the big sellers are willing to sell it lower than the buyers are willing to bid it up. It's what a market is. But I do agree why buy or hold something that remains in a persistent downtrend