Topps Tiles Share Discussion Threads

[amencorner] 23/11/2020 14:12

FY announcement is listed as 1/12/20 of the TPT site

[mongi123] 23/11/2020 13:58

LFL should be around 20% up.

[boonkoh] 23/11/2020 09:23

FY results due out sometime this week, if they stick to the same schedule as last year. We already had a trading update in Sep, so shouldn't be any surprises.Would be good to see current trading momentum given rest of DIY has done well last few months.

[wad collector] 20/11/2020 12:04

Certainly looks a strong graph . Finally..

[intheknow69] 20/11/2020 12:02

LFL sales are apparently up 20% here. No wonder the share price is creeping up

[boonkoh] 19/11/2020 08:44

Great results from Headlam today. Market in their floor coverings (wood) outperforming their expectations, especially in residential.Bodes well for Topps? Different floor coverings (tiles) but there is a strong read across in consumer demand for renovations.

[boonkoh] 11/11/2020 16:51

Wondering if Galleon are picking up some more. They've only picked up shares in low 40s in the past. If they're also buying at around 44 or 45p then that's an encouraging sign.

[tole] 11/11/2020 15:22

Some large trades being reported. Hopefully the stock being cleared can free the way forward here.

[netcurtains] 10/11/2020 13:09

This was 60p when shops opened in August and DIY boom There is still DIY boom and the shops still open With covid "cure" this should be trading higher than 60p (shops open) but lower than 80p (pre covid)

[netcurtains] 09/11/2020 10:48

I was looking at WALKER GREENBANK [WGB] - Fancy Wallpapers... That is on the up too.

[netcurtains] 05/11/2020 15:38

LOL - If only I waited I could have got them even cheaper. Perhaps I'll buy more soon once it stops dropping!

[mongi123] 05/11/2020 15:31

Good buy for defo

[netcurtains] 05/11/2020 09:56

Thanks for all the information. I like the current price I like the fact that its opening during lock down I like the fact that DIY is a booming sector I like the low PE ratio I like the fact that this has been trading a lot higher recently It all looks good to me!

[wad collector] 04/11/2020 11:25

We want to reassure all our customers that due to the home and hardware exemption, our stores will remain open during lockdown while it’s safe to do so with COVID secure trading measures and controlled entry in place. Let's hope plenty of householders decide to spend the next few weeks staring at their tiles and deciding to DIY....

[boonkoh] 02/11/2020 11:26

MS Galleon increased stake to 20%+As I mentioned before, the chairman of this family office has extensive business interests in the flooring space in Europe and UK.

[jane deer] 02/11/2020 11:21

I also see in Wales, with its "circuit breaker" that Topps Tiles shops are considered "essential" and remain open (source Topps Tiles website).

[boonkoh] 02/11/2020 10:39

No, topps confirmed on Twitter that it's shops are considered essential. All will continue to be open during Lockdown 2.Of course, there's probably going to be a slight dip in trade... As homeowners postpone work.

[pugugly] 02/11/2020 10:02

Is Tops considered a "non essential shop" under the new lockdown regulations? If so fall today (imo) possibly has futher to go - 1 month+ of sales lost while costs continue.

[boonkoh] 05/10/2020 12:47

Chairman and CEO purchasing shares. CEO also purchased earlier this year. Good bullish sign.

[wad collector] 02/10/2020 12:01

Just looking at the TU again I am surprised by the drop today. Maybe the little 2nd wave is making the market lose a bit of confidence.

[martinthebrave] 30/9/2020 15:35

Agree Tole. Unless there is something going on outside of the Public Domain this looks like good value. Currently sitting right on the 50Day so should get a bounce tomorrow.

[tole] 30/9/2020 15:21

The commercial business is rebuilding more slowly, but it's immaterial at just under 4% of total revenues for the year. He also picked up that the commercial side is only a small proportion of revenues which was the only real caveat that I read in the update. Drop looks overdone to me.

[martinthebrave] 30/9/2020 15:18

Looks okay to me. Surprised at the drop today. Pauly Pilot has reviewed it & seems happy enough: My opinion - I don't see anything in this update to justify a 6% fall in share price. Maybe some punters just decided to bank profits after a reasonable run of late? Maybe it's the reminder (already known) that FY 09/2020 is only likely to be slightly above breakeven, that triggered profit taking? I don't know. The last balance sheet was OK, not strong particularly. The sale & leaseback of property has helped liquidity since then.

[topnotch] 07/9/2020 14:48

Bizzare, it was 52.4p to sell and next minute dropped to 49.2p And only 370K traded