Topps Tiles Share Discussion Threads

[connor23] 25/1/2021 19:06

Nice breakout today. Onwards and upwards!

[mongi123] 25/1/2021 09:24

Yippee over the 60p barrier. Roll on to 90p.

[connor23] 22/1/2021 13:49

Looking good in a weaker mkt. Hopefully we can close over the 60p resistance.

[mongi123] 20/1/2021 16:51

Hooray. Hit the 60p mark. Bring on 70p then up to 90p.

[wad collector] 07/1/2021 21:03

Nahh it's just people buying tiles for their dolls houses during lockdown.

[mongi123] 07/1/2021 10:26

Online samples a record high. So signs are good

[mongi123] 07/1/2021 10:25

Trade is still buoyant

[netcurtains] 07/1/2021 08:15

I think their online site is very good. That and the trade counters open is good enough to cash in on DIY boom this Spring: Https://www.toppstiles.co.uk/

[mongi123] 06/1/2021 16:13

Covid has helped ?

[netcurtains] 06/1/2021 11:00

I bought a few. Results look OK. DIY boom (Spring cleaning just round corner) PE 11 is good. RETAIL doing brilliant. BUILDERS side recovering. All looks good for reasonable investment

[mongi123] 06/1/2021 09:24

Results are out

[boonkoh] 29/12/2020 14:25

And it's drifted back down again to the 55p area!Looks like there's just not enough buying demand to keep the momentum upwards.

[wad collector] 29/12/2020 13:07

Looks like the share price may end the yr above 60p at a 9 month high. The auspices for a better 2021?

[zapa] 14/12/2020 13:40

I wonder who bought them.

[wad collector] 14/12/2020 13:21

I see that the MD sold all of his 100k options last week and his wife sold 100k from a previous option. As far as I can see , he has sold all his options each award for last 5 yrs and holds no shares. Not necessarily a bad policy to reduce his risk, and no idea of his personal circumstances, but not a vote of confidence in the company either.

[death by donut] 01/12/2020 20:08

I'd have thought for that sort of scale , fixers are going to be buying direct from manufacturers tbh .Pretty sure we sometimes go direct to Johnsons for some stuff.Could be wrong tho and stand to be corrected.DyorDbD :-)

[death by donut] 01/12/2020 19:01

Ok cheers , pretty much all the tiling we do is Porcelanosa or Johnsons for all the big boy housebuilders.Probably best part of 1k-2k m² a week.On watchlist , just don't think they'll compete with the aforementioned .Just a tiler tho so dyorDbD :-)

[boonkoh] 01/12/2020 18:15

I think it's big projects. Not tradesmen who do a house or a small shop or office. But talking about whole hotels, new apartment buildings etc.Tradesmen business is captured in the Retail numbers already. And that's up 19.6% YoY.

[death by donut] 01/12/2020 17:30

Love to know why they see subdued commercial activity , we've ( tilers ) never been so busy.Like to know which side of commercial they are actually targetting , pros who do residential/private work , or pros who do the new build sector?Genuinely interestedDbD - Tiler :-)

[boonkoh] 01/12/2020 09:35

For me they buried the key highlight. Retail like for like sales up 19.6% in 8 weeks since end of the FY!And with mortgage applications at a record high, and homeowners accumulating savings, I expect this good trading to continue until at least summer next year. We might see revenue for FY21 up 20% compared to FY19....!

[bennya] 01/12/2020 08:36

Looks like they weathered the storm quite well and Nice cash pile they are sitting on now, should rerate at some point

[boonkoh] 24/11/2020 15:53

Not long to go then!

[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.