Portmeirion Share Discussion Threads

[eggbaconandbubble] 14/1/2021 16:52

Thanks, yes, after I posted lazy me did some reading and I agree with you.

[forensic] 14/1/2021 15:59

South Korea. See RNS 14.11.19 A temporary hit in my opinion

[eggbaconandbubble] 14/1/2021 14:58

Chris or anyone else. - do you know why the share price was falling off well before the Covid crash last March?

[chrisb1103] 14/1/2021 08:36

"Revenue for the year to 31 December 2020 to be at least 6% ahead of market consensus expectations following a strong second half and seasonal trading performance." "We expect to announce the Group's preliminary results for the year ended 31 December 2020 on 18 March 2021." Lovely news :-)

[1jmurphy] 30/11/2020 21:24

Nice curving action on the chart could take this to 700p in short order because it looks cheap.

[pireric] 17/11/2020 17:00

Isn't the reality that this year is a write off for most cyclicals and that the market is looking into 2021 and beyond to value businesses. Its totally excusable why any cyclical will have a bad 2020. Yet most of them are now rerating and I expect PMP to follow suit in due course. Forecasts are for this to get back over 50p of earnings in a couple of years time, which I think might prove a bit conservative, but even then a low-mid teens PE on that would support very substantial upside from here. Given the market is forward looking, I wouldn't be shocked to see Portmeirion post a very strong share price finish to 2020 Eric

[illiswilgig] 17/11/2020 14:24

It might. But then it might not. I hear scented candles are the number 1 best seller in the UK at the moment? Just in time for PMP's new production line, improved warehousing and on-line sales drive. Which is not to say that this will replace lost sales of posh crockery through shops - but selling on line is at a higher margin than through department stores and it gives PMP an opportunity to transform itself into a direct on-line seller as well as a manufacturer. Will they succeed? Who knows, and it won't happen overnight - but its got to be worth a try and better than a gradual decline as a supplier of posh plates to department stores whose days are numbered? cheers

[boonkoh] 17/11/2020 11:47

Rise in cases in S Korea, might lead to tighter lockdown and shops closed.Same in the USA, especially ahead of the important Xmas season.There's a huge risk if lockdown is extended over Xmas, there is less incentive for people to buy nice crockery for entertaining.

[energeticbacker] 24/9/2020 16:19

A rate interim loss for the homewares group. Investor's Champion thinks it could be an interesting recovery play with plenty of focus on the online offering.

[zangdook] 28/8/2020 10:35

PMP were notified on July 2nd, and only announced it now?

[lord gnome] 28/8/2020 08:53

Next Question: Who sold?

[value hound] 28/8/2020 08:42

So Ruffer have managed to take a near 8% stake without budging the price?

[zangdook] 13/8/2020 08:09

Don't know if this means PMP snaffled a bargain or the seller dodged a bullet. Looks cheap on its face.

[mr_spock] 08/7/2020 14:36

Oh, how lovely it is to see a quiet thread. Must have had 600 posts today on the BOO thread.

[netcurtains] 08/7/2020 12:48

I'm in - liked the abolishing Stamp Duty....

[zangdook] 10/6/2020 13:10

2 for 41, more if we want them and others don't, @380p.

[zangdook] 10/6/2020 06:24

placing and offer and so on.

[chrisb1103] 03/4/2020 11:26

Long-term total BARGAIN down here.

[mr_spock] 02/4/2020 11:19

They've shut the factory for three weeks but one week of that is regular planned Easter holiday. And they claim to have good depth of stock, and will continue to supply customers around the world. But yes, will they reopen in three weeks?

[cjohn] 02/4/2020 10:47

You are right. There's no doubt that many investors are underestimating the financial effects of the shutdown. There are mitigating factors: the various government support schemes; the maintenance of the internet channel; and in the case of PMP, the excellent NHS contract. But there will still be a very negative overall effect and given that the fantastic and fantasist UK government has completely mishandled the outbreak, I suggest factories may be closed for a lot longer. PS No position currently, but like the company a lot. Not dirt cheap enough in the current circumstances.

[scott103] 31/3/2020 17:16

Hello, Does it concern anyone that Portmeirion has shut down it's factories for 3 weeks? Is it possible the shares are going to drop a lot further as a lot of retail is going to be closed in different countries? There is still online sales, but I don't think it will make up the difference?

[crystball] 30/3/2020 15:48

Worth keeping an eye on.