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Share Name Share Symbol Market Type Share ISIN Share Description
Pittards Plc LSE:PTD London Ordinary Share GB00BHB1XR83 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 62.50 60.00 65.00 62.50 62.50 62.50 0.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Personal Goods 15.2 -2.3 -17.7 - 8

Pittards Share Discussion Threads

Showing 526 to 548 of 1100 messages
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DateSubjectAuthorDiscuss
20/4/2015
13:44
http://www.bbc.co.uk/news/business-32348833
clocktower
17/4/2015
17:02
Godfrey is spreading magic dust here as the cider drinkers watch and applaud.Marketing versus production. Apparently some women will spend £100 on a bag-madness when you could buy golf shoes for less.Still the price of the shares is higher and they remain cheap.
meijiman
25/3/2015
13:22
EV - you have to make stuff before you can sell it. Selling is not entirely predictable.
oregano
25/3/2015
09:46
Indeed, but on the other hand why have they expanded their tanning facilities if they cant move the stuff they are processing quick enough ?
envirovision
25/3/2015
09:42
higher stock is a function of some specific pockets of weak demand, as highlighted in the statement. IMHO, not a problem here, as finished leather does not change from season to season so the change of a write down is low. PTD did £1.3m of PBT in H2, there is no seasonality to this business, so unless some of the risks come to fruition that we know about, weak $, higher skin prices for e.g, there is material upside to forecasts of £1.9m - these are low ball numbers.
oregano
23/3/2015
13:30
Stock is always a worry, open to currency losses and implies markets slowing or bad management or both
envirovision
23/3/2015
11:59
only thing unexpected here is stock build. Cash performance once more remains poor. It will be interesting to hear whether the growth ambitions require more working capital. I would think results this year will be well up on last.
oregano
23/3/2015
09:27
but what were ppl expecting it was already stated that results were marginally below expectations
az4hr
23/3/2015
09:26
Certainly no growth and no divi!! Im not an accountant but inventory increased by approx same as profit???
renew
23/3/2015
09:03
Nothing exciting in these results.
clocktower
20/3/2015
11:51
Looks like Monday. Oh the excitement. On balance should be more good news than bad and given the lowly rating the share price should go higher.
meijiman
20/3/2015
09:42
The figures must be soon.Let me check the company site to see if there is confirmation.
meijiman
04/3/2015
14:42
Looking good here - strong bounce off support at 130p, with high volume (by Pittards standards), and a bullish Golden Cross with the 50-day MA crossing over the 200-day MA. Great value share too.
momosu
17/2/2015
10:25
Sure. but net assets are worth £2. any profit that is generated boosts those NTAs. This and next year are profitable years, ie rising NTAs. Most businesses generating profits trade at a premium to book value. don't under estimate the damage that bloke selling 20% of the shares did to the share price last year.
oregano
17/2/2015
09:19
This is a dollar business, dominated by currency swings rather than levels of trade!
bookbroker
17/2/2015
09:14
Really? Look at the terms, results broadly in line, in other words there will be the odd issue to expect ! So that is not great is it. Then looking forward confidence is reasonable! If you are confident then you are confident. If you are reasonably confident then there is still some doubt, no! If that the most positive statement you have ever heard from them, then what else is there to add.
envirovision
17/2/2015
09:02
So interpreting "broadly in line with expectations" means £1.5m, not the forecast £1.6m, that still means £0.9m in H2. This is not a seasonal business, ie that is the new run rate with the recent cost savings. so i wonder if we might actually see upgrades for 2015, what with the Etheopian expansion, move to higher margin products etc. I am sure the IC will trumpet this.
oregano
17/2/2015
08:23
i am surprised the shares are indicated down on that statement. probably the most positive trading statement i have heard from PTD!
oregano
17/2/2015
08:22
Broadly in line hmmmmm. So there will be the odd spanner thrown in then.
envirovision
16/2/2015
10:19
Stock has always looked high here. The stocking may reflect things which are not apparent to an outsider such as mitigating issues connected with hide production in Ethiopia, and maybe keeping customers happy so offtake requirements can be fulfilled. Guess upward stock valuation would be an accounting issue -non-cash.On the other hand reducing stock levels by selling down would definitely be a boost to cash.
meijiman
16/2/2015
09:46
PS - i spoke with the FD on this issue last year. she said they could grow the business from here without increasing stock levels. so hopefully we should see improved cashflow.
oregano
16/2/2015
09:45
the risk being you make some garbage designs that no-one buys. but things like gloves are fairly low risk.
oregano
16/2/2015
09:35
Yes the more value added which is retained within the business the more margin which accrues. There is a world of difference between being a leather goods 'producer' selling bits of leather to leather goods retailers; compared to accessing a market which for eg might be based on selling ladies handbags at £1000 a go.
meijiman
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