Pets At Home Share Discussion Threads

[chiefbrody] 11/8/2019 17:59

All i know is that they nearly always have great deals on various brands of cat food. Whenever i pop in, i can get a 2 4 20 quid (etc etc) deal on the 3-4 brands of cat food i use.Same with the cat treats. Wasn't like that a year or 2 ago.Is it PETS taking the margin hit or the maker. Or a bit of both.Simply No need for me to get anything from Amazon (hurray) any more. Not for Pet Food anyway.Very pleasing. Especially for a PETS shareholder.

[yump] 11/8/2019 16:19

It is very curious at times how worries either get lost when share prices are rising or appear suddenly when they're falling.

At 120p there were worries that PETS 'investing in price' meant that they would lose margin, while regaining market share. The positive side of that was that basically more customers means more cross-selling in theory.

The reports are now highlighting the 8%+ increase in volume, but without mentioning the margin issue, although PETS do:

"Good transaction and cash growth in Retail, particularly in food and omnichannel where strong growth has more than offset adverse margin mix"

So the truth is hiding somewhere inbetween 120p and 240p+?

Seems to me the rising share price has changed peoples' minds into liking revenue growth and temporarily forgetting profit.

They say they'll be slightly ahead, so that presumably means around 14p eps which is current year p/e of around 16, perhaps dropping to 14-15 next year if you assume 15p eps.

Of course if they manage to cross-sell a lot and move into double-digit profit growth, perhaps the rating will go up and it will end up at 300p in a year !

[stevesham] 10/8/2019 18:57

Just thought this was interesting

hxxps://www.retail-week.com/general-merchandise/analysis-how-pets-at-home-is-becoming-amazon-proof/7032587.article

Free to register to read whole article, but I thought it was excellent and believe PETS really is going places.
DYOR

[chiefbrody] 09/8/2019 17:09

Kind of feels like it aye. Another 200k shares hoovered up last thing.The only share i want to look at right now. The rest i've archived till post Brexit lol.

[yump] 09/8/2019 15:33

Its going to go up again isn't it ? Twisting the knife etc...

[yump] 09/8/2019 10:42

The studies that would actually be useful don't seem to have been done, although there's lots of anecdotes and lots of attention to candles, charts, supposed 'tech' stuff.

For instance, is it just the case that because of the internet and rapid information release, stocks that (say 30 years ago) would have taken say 5 years to go from 50p to 300p, reflecting their growth, now get the same rise in 2 or less, purely because a flood of investors all buy at the same time. Previously it would have taken much longer to digest all the information and make a decision.

So although on traditional investment strategy you should buy and hold, it actually makes complete sense to sell after those 2 years, because the stock has actually got way ahead of itself and your return is just as good as it would have been after 5.

Of course, there's the 'look what you could have won' brigade who will quote ASOS until they're blue in the face, but realistically what are the chances of spotting it and knowing that it will grow for xx years and holding it for that long ?

'look what I could have won if I'd sold when the stock shot up way ahead of where I thought it should be' I think might be a better adage...

In a full bull recovery market, buy and hold probably works better though - but then you've got to know its happening and for how long.

[chiefbrody] 08/8/2019 17:21

Yup. Same here. Holding a chunk of stocks for long term 10y +++.Should have sold them all a year or 2 ago as i could have bought a little t of them back now for half the price. Such is the huge (well ott) fall in UK stocks over the last few years.UK market must be the cheapest in the world. Several FTSE100 stocks on P/E of 4,5,6,7 odd.Most of them paying 6-10% divs too. And well-covered. As long as they don't bust, should get all capital back (in divs) over the next several years.

[yump] 08/8/2019 14:29

I don’t count myself lucky/skilful enough to happen to stay in shares that end up as long term growth stories. There’s always examples but I think globalisation and the internet has made consistent growth much more difficult than it used to be. I’m trying to think of something other than ASOS that has continued growing for more than 5 years although there must be some. The idea used to be pick say 15 stocks carefully and then hold for ever. Be interesting to do a study of likely prospects from say 10 years ago and see if it would have worked out.

All I know is that if I’d sold each of my holdings when they had a few years of good profit and share price growth I’d be a lot better off now.

[niggle] 08/8/2019 11:53

Well, two scenarios: It gets bought out, or it continues to grow. Either way, it's a very compelling growth story. It could be 10 times the size in 10 years - so well worth staying in and riding the bumps

[chiefbrody] 08/8/2019 09:28

Its almost back to where it was 3 years ago if u look at the 3 year chart.Keeps going like this and all time highs in a few more months.HY numbers late Nov.

[yump] 08/8/2019 08:57

Perhaps it is just one of the few stocks that had a stable market, brexit or no brexit, boom or bust, so it’s just collecting investors from all over.

I would have kept longer only it looked quite highly rated and I’d have been happy with 200p in a year, so thought I’d be clever, sell out and buy back when it dropped as been burnt by holding a few stocks like easyJet that just kept going up in the face of worries and then halved.

No idea what price to consider buying back at now !

Also blame wife as she kept saying shop was empty whenever she went in. To be fair she also said don’t buy Saga and now it’s plummeted

[mongrels3] 08/8/2019 08:53

Sold out my entire holding this morning. Probably too soon, but in this market 'any gain is a good gain'

[chiefbrody] 08/8/2019 08:49

SP doubled in circa 6 months. My star performer of 2019. By so far a margin its not even funny :-)

[chiefbrody] 08/8/2019 08:46

And off to a flying start again....

[chiefbrody] 07/8/2019 09:18

Practically everything else massacred in the last few days yet PETS is even higher than when i last looked (last week).Defying gravity or something afoot..Abandoning Amazon and getting all my pet food from PETS has clearly paid off here lol.

[niggle] 07/8/2019 09:12

For me it has one of the only retail models out there actually working. Combining vets, grooming and retail into one environment. It gives people a reason to visit. It’s exactly the share I was looking fir after seeing off Debenhams!

I just hope the growth continues.

[balancedviews] 06/8/2019 21:45

Yes and the sentiment had no data. I only looked into it because I have dog and was curious buy a large price drop in the kibbles! I’d argue not hard to see the product to service strategy - then u get interesting when they buy and when to sell
I nabbed some at 106 after some unmotivated downgraded them and the market “listened̶1;
The shares could well go higher but no regrets between 50-80 % return in 6 months - best not be greedy

[yump] 06/8/2019 21:22

They always say leave 10% for someone else, but 20% is pushing it a bit !

Depends where you bought of course, but if you got the bottom, then somewhere around 200p is great. As long as there isn't a 50%+ bid coming in.

Amazing reversal really considering what sentiment was like at 120p.

[balancedviews] 06/8/2019 18:02

I sold at 210 too but am pragmatic about it as bought at 116 composite
May have not maxed it but can’t really expect to hit the bottom and the top of the market

[dplewis1] 06/8/2019 17:45

Terrible decision by me to sell out at 210!

[niggle] 06/8/2019 17:35

60% up here :)

[niggle] 05/8/2019 09:34

It’s bucking the market which is a good sign

[yump] 02/8/2019 18:36

I’m completely out now. Be interesting to see whether all the good news is in the price or whether confirmation of being ahead will give another jump.

[niggle] 02/8/2019 09:32

I stayed in - looks like it shot up to 230 while I was still asleep. Settled back on the general market slump.

[edmondj] 02/8/2019 08:03

Boy must Immersion Capital be in hot water having built a 3.13% short, advancing it during the main stock price rise. How to these guys attract/retain, £100's of millions?

Immersion Capital

Another former Ziff Brothers employee, Michael Sidhom is launching Immersion Capital with more than 600 million pounds in assets this year. The manager began to turn away potential investors after hitting that number, declaring that he had hit his target. The fund will invest in equities on both the long and short side.



Their UK short exposure is totally PETS!