Pittards Share Discussion Threads

[oregano] 16/5/2014 13:15

i would tend to agree, although the statement wasn't overly helpful in not telling you how far below last years H1!

at the end of the day, a 20% discount to NAV and assuming it is still profitable, the NAV goes up, so i don't think there is much downside here.

and the new director seems to agree.

i bought some more.

[meijiman] 15/5/2014 14:31

Yes but aside from currency it reads quite well and as they point out their manufacturing initiatives will over time reduce the impact of stronger sterling or should I say weaker Dollar.
Suspect this share will go quiet but still see attractions longer term.

[oregano] 15/5/2014 14:17

Simon Thompson should have read my post on April 30th.

[janeann] 01/5/2014 13:10

that explains it then; thanks

[janeann] 01/5/2014 12:40

Must have been tipped somewhere - sudden mass of buys and a pleasant jump in price?

[clocktower] 30/4/2014 15:30

Since it started to rise it seems that on each dip it only reaches a higher peak on its assent.

[oregano] 30/4/2014 13:41

we are probably in a range for a while. the two shareholders accounting for 35% of the shares are selling into strength, and the $ weakness does not help numbers.

but it is still a cheap share and doing well at the operating level.

[ben gunn] 30/4/2014 11:30

battlebus
Surely the elephant in the room is the resumption of proper dividends.

[meijiman] 30/4/2014 09:00

well nothing has changed -a very cheap share. Feel the mark down reflects likelihood of PG selling down and maybe fading hopes of a renewed bid.

[battlebus2] 30/4/2014 08:17

Sold out a while back but as you say we are back to the level pre Simon Thompsons tip.

[envirovision] 30/4/2014 00:26

This is starting to really fall isn't it, every other day it's cheaper by the day. Would anyone care to has a guess why they think it's still far to dear?

[battlebus2] 03/4/2014 16:15

P.G. still selling a few.

[battlebus2] 21/3/2014 17:09

Peter Gyllenhammar selling more now holds 16%.

[meijiman] 20/3/2014 10:37

The Mulberry man godfrey xxxx will now have less time to devote to Pittards I presume as he is going back to an executive role (at Mulberry). Still i think this could be a fruitful link and this will only be temporary.

[martincc] 20/3/2014 05:10

tipped by Simon Thompson of Investors Chronicle,target price 250p

[addict] 19/3/2014 12:03

Market makers are playing a game with the share price Dealing inside the spread is making buys and sells indistinguishable.I wonder why they bother.

[sammy_smith] 18/3/2014 14:11

LISTEN: Pittard's (PTD) - Final Results

Click the link below to listen

[jaf111] 18/3/2014 11:22

Results look ok to me....and quite a positive write up from Paul Scott. He includes a broker forecast of 22.7p eps making for a P/E ratio of under 9.
I am certainly happy to hold

[clocktower] 18/3/2014 09:08

Good results but nothing that exciting, however they seem to want to build the retail side, and I guess the Mulberry director will be able to help with this but it could be an error. Mulberry themselves have problems.

Concerns: Increase gearing
Retail offers
Reduced revenue

Bar an offer I cannot see much upside now.

[battlebus2] 18/3/2014 08:12

Little market reaction to this mornings results, the Simon Thompson tip has pre-empted the rise.

[battlebus2] 18/3/2014 07:26

Results out..

Financial highlights
- Revenue down 3%
- Profit from trading activities before finance costs up to £2.0m (2012: £0.6m)
- Profit before tax up to £1.7m (2012: £0.3m)
- EBITDA up to £2.364m (2012: £1.310m)
- Cash used in operating activities of £0.7m (2012: generated £0.2m)
- Net assets increased to £16.9m (2012: £15.8m)
- Gearing now 42% (2012: 36%)

[addict] 21/2/2014 10:22

They help to put together some mean handbags as well.Mulberry share price down today.

[meijiman] 19/2/2014 09:23

I very much doubt it clocktower. Nontheless it is pleasing to see the company being more pro active on the PR front and highlighlighting its excellent products and strong commercial relationships with leading branded goods suppliers. I play a bit and use FootJoy -they are very good shoes.