Pets At Home Share Discussion Threads

[pete160] 21/1/2019 18:08

My money is (literally) on it being a positive Christmas trading update. From my albeit amateur analysis of those that have done better or worse than expected, it seems that people spent more on luxuries than feared and if anything disappointed on not buying more of the basis as everyone thought they might.

Of course that might mean that unless they shoot the lights out, the share price falls back as a good update has already pencilled in, but I still believe that the 'pets with vets' business model is a sound one and, as others have pointed out, not your average high street retail, wait for Mike Ashley to pick the carcass, car crash.

[yump] 21/1/2019 15:15

Depends entirely on the update. 'Steady as she goes' would do.

[pictureframe] 18/1/2019 08:29

shorts closing?

[pictureframe] 08/1/2019 13:48

This could really motor as there is a hell of a lot of shorts to close.

[yump] 07/1/2019 16:11

Well our local pets said it went bonkers on Boxing Day and over New Year, but obviously nothing to compare that with.

If PETS can't stabilise their business, given resilient demand in its market (not that dependent on the economy), plus the 'insurance' of grooming and vets, then physical retailing is really in a permanent structural demise, as many other retailers don't have anywhere near that level of variety.

[pete160] 03/1/2019 18:43

A potentially good Christmas trading update will be coming from PETS I reckon.
Next have today reported better than expected Christmas trading as did John Lewis a couple of days ago.
My theory is that if people are spending at those stores then they will have been splashing disposable income on presents for their pets too (as well as the usual pet food, vet and med, etc, etc).
It also seems that I've not received a VIP discount mailer for quite some time. Either someone didn't hit send or perhaps they've felt less need to discount??
Obviously as a shareholder my view is perhaps skewed but here's hoping :-)

[dtaliadoros] 17/12/2018 16:26

you know when the short sellers have gone when given the footsie is on such a down.......PET remains largely flat or even manages a small rise

[yump] 14/12/2018 14:40

I don't think there'll be much of permanent rise until the Christmas trading statement in Jan. (assuming its OK) and the last of the high street collapses have been announced (even though some are just 'me-too' businesses with no USP's and should have chopped a lot of their retail properties ages ago).

What's the chances of yet another footwear store opening in the new year ?

Reminds me of a long time ago when the high street used to feature stores that opened for a year, went bust, took the creditors for mugs and then bought their own stock and reopened under a different name. Rinse and repeat. Except that nowadays each new store is going to be the next big thing in footwear and they manage somehow to get investors.

[sao1] 14/12/2018 14:25

Someone's selling out. Just when things were on the way up.

[dplewis1] 11/12/2018 17:16

And the shorts they-are-a-closing

[tickler] 05/12/2018 13:10

Endagine still reducing it seems. Should push this up further.

[creditcrunchies] 01/12/2018 12:50

Ex div date 6th December so anybody that bought when it hit 102 are laughing I got 8000 so as long as they maintain the dividend you get 6.9% yield at that price

[muchodinero] 30/11/2018 17:13

RE: Short Squeeze

Engadine really starting to bail out now by the look of things on shorttracker. Despite GS trying to help them out maybe?????

[muchodinero] 30/11/2018 15:27

Don't know but wish I could have the job....lol

[sao1] 30/11/2018 15:24

Professional deramper? How much do they get paid? :)

[muchodinero] 30/11/2018 13:28

Yes I agree. Monty is possibly a professional deramper working for GS maybe. He's gone very quiet, no doubt will crawl out of the woodwork to assist in Engadine etc closing out there remaining short positions??? Aimho adyor!!!!

[ianian4] 30/11/2018 12:33

montyhedge
Your prediction at post 1661 less than two weeks ago when you predicted shorts buying back at 87 pence. Just wondering how that went. We all thought you were talking out your a$$e then. Noticed that you have not posted much since.

[yump] 30/11/2018 12:19

Back to the actual business for a mo... am I imagining it, or did PETS mention a while ago that they'd got some concessions within Tescos as a trial ? If so, wonder how that's going.

[dplewis1] 30/11/2018 12:14

Getting a bit squeezy here..

[creditcrunchies] 29/11/2018 19:09

You don't want to be short going into Xmas, new year and divi season

[muchodinero] 29/11/2018 18:16

RE: Short Squeeze

Are GS I'm the pocket of our biggest short with todays new 96p target? Funny thing is GS did something along this theme four weeks ago which allowed B.R and K.T. to have a perfect opportunity to close their positions at 102p
it's pathetic and bordering on manipulation of the share price in my humble opinion. Shorts appear that they will stoop to any levels to get out of a hole? I'm holding on for my nice 6.5% divi yield. GLA. Shorts still have about 60million shares to buy back, so desperate for external help. They want PI's to panic and sell, if everyone holds on then they are screwed! Aimho adyor!!!

[andplus] 28/11/2018 21:09

Yep. It is official. Shorts are unashamedly closing. I feel a hike to 145-150 is coming up

[muchodinero] 28/11/2018 17:39

RE: Short Squeeze on..?

Well Shorts (including Engadine) appear to have lost their nerve and appetite for PETS in the light of robust management actions and 7.5p dividend being re-stated. I'm quite happy to get a 6.5% yield with prospects of 10% share price growth. Also there is always the potential for PE to come back for PETS. Shorts won't enjoy paying a 7.5p dividend and paying at least the same again to borrow the stock. I think this will creep higher over the next 12 months based on the latest update and all factors mentioned. Aimho adyor!!!