Pets At Home Share Discussion Threads

[robertball] 26/1/2022 08:15

What I mean is will the price start ramping up from here or is it just a flash in the pan

[robertball] 26/1/2022 08:09

Yes. But will it translate..

[babbler] 26/1/2022 07:54

Nice update.

[babbler] 22/1/2022 08:12

did all, pets die after lockdown?

[spyder] 14/1/2022 17:56

“ After all of sale grow at 5% that’s really -1% after 6% inflation” - Yes, but not as far as the EBITDA calculation is concerned and that is how the market values the shares, ostensibly.
All the UK pet stocks have been hammered, with CVS and Dechra both down approximately 28% and 24% respectively from recent highs. Analysts at Stifel say that recent weakness is due to rotation away from pandemic winners.
PETS is only down 20% so has fared better than the others.
Inevitably the correction will overshoot on the downside and there will be an opportunity for the brave…

[robertball] 14/1/2022 15:02

Suspect nervousness over inflation. All retail down. After all of sale grow at 5% that's really -1% after 6% inflation

[roguetraderuk] 14/1/2022 12:00

rising input costs and possible weakness in demand after covid. folks going back to work starting to do outdoor events means comps for this year are tough. but lt trend is growth so i think you can start looking at this one later in the year around 4 quid imo. b&m a similar story as i have mentioned before. both are great businesses but near term issues might provide some bargains.

[robertball] 14/1/2022 11:33

15% stop loss approaching!!!

[yump] 13/1/2022 17:06

Its on a rating of over 20, which probably reflects the rapid recovery from 2019 when it was supposed to be a basket case. Probably all in the price and the recovery has been delivered.

[robertball] 13/1/2022 16:30

Drifting. It's a pet food and vet company. I guess insulated from consumer slowdown

[chiefbrody] 12/1/2022 14:23

Trading update 2 weeks today. Should have sold the whole lot at 500p but hey ho. Such is life.

[roguetraderuk] 12/1/2022 08:25

spyder, its a bit like b&m, a good company but with tough comps due to covid gains. pets is on 20 times 2022 which still isnt a bargain but far better than the 25 times it was on earlier. there should be a trading statement soon and its either people worried about the covid effect dropping off or margins. maybe its some with inside knowledge which quite often happens pre trading statements. but the move pre release often is incorrect too. so we'll just need to wait for the report. im not in these any more but think around 400p they may make some sense.

[spyder] 12/1/2022 08:17

There seems to have been a bit of a move away from ‘vet related’ stocks in the last 4-6 weeks with CVS and Dechra both experiencing similar falls.
I’m not sure why, other than perhaps it is just part of the ‘risk off’ movement away from tech stocks and other COVID winners?
To be fair, all three stocks are trading at high multiples, trading updates due soon should reveal whether the sell off has been justified or not.

[robertball] 12/1/2022 07:56

What's with the dip here? Other retail doing well?

[robertball] 02/1/2022 11:39

Yup. There's a lot of retail TAs next week. pets towards end of Jan

[chiefbrody] 01/1/2022 23:51

Disappointing year share price wise but after the previous couple of years, perhaps not surprising. Been pretty busy in stores during Dec whenever i've popped in so lets see if the positives continue with results later this month.

[robertball] 17/12/2021 11:04

Bit of a drift here....

[inever] 09/12/2021 11:07

4m shares bought at 8:49 this morning at 476.5p. No price action on the back of it.

[inever] 26/11/2021 20:40

Today Petsathome proved it's defensive qualities as an investment.

[robertball] 25/11/2021 12:31

I would thought so

[mr hangman] 25/11/2021 10:52

Well it must be a buy, south of 5 pounds

[robertball] 23/11/2021 22:19

Last time I bought and sold I made 97p. On £4k. A 10% annualised return. Difficult knowing when to sell

[chiefbrody] 23/11/2021 17:10

40% increase in sales they're targeting. Can't see that happening overnight. My guess is 2-3 years. £7 share price if they can get there (assuming profits rise in tandem) imo.

[inever] 23/11/2021 15:36

It sure is. The only question I have is their definition of "medium term".