Travis Perkins Share Discussion Threads

[jugears] 02/4/2009 07:19

Well the branches I speak to are all busy

[rwcarlos] 01/4/2009 17:13

and more bad news more job losses including vehicles being taken off the road in the next few weeks not good for sales prospects for the so called busy period if you cant get the material to the customers when they want it ! looks like a steady decline for a while to me

[monsta2] 29/3/2009 18:26

bad news...

[tweeeek] 27/3/2009 09:24

This continues to drop day by day, still short but finger poised.

[cockneyrebel] 23/3/2009 14:30

550p next resistance - flying

CR

[tweeeek] 23/3/2009 13:49

I have opened a short on this but will keep a close eye on it.

[cockneyrebel] 23/3/2009 11:00

Going a bit further today - reckon these fly once they get clean through.

CR

[cockneyrebel] 20/3/2009 13:39

Breakout !

CR

[tweeeek] 20/3/2009 13:27

This has good strong support now, I have dipped my toe in and am long

[cisk] 19/2/2009 12:16

Agree with SleeperCell - yes the results aren't rosey but TPK management seem to stand out for their prudent management, and are clearly focused on cashflow in the business. Question is, if things get worse from here, what's the floor for the share price? coming down from over £20 to £3 a share is a steep drop - perhaps overly so...

Cisk

[skyship] 19/2/2009 10:00

Added to my Monitor - one for the recovery - as & when.....

This chart does rather suggest that there may be value at current levels!

[jeffian] 19/2/2009 09:36

Pity about the divi, though. What does a current divi cover of 8.5x tell us of their view of the short- to medium-term future?

Regards, Ian

[sleepercell] 19/2/2009 07:51

Well results stand up to the current economic conditions, certainly not the doom and gloom as predicted.

[huwrayhenry] 17/2/2009 13:04

heading lower this week...

[mrt8] 06/2/2009 11:40

Certainly escaping the downturn today! Is it time the building trade had a rally? m8

[m.t.glass] 02/2/2009 13:44

Illegal since when? I got my 10% over-60 discount last Wednesday at B&Q.
None available at Wickes unfortunately.

[romi2nikki1] 02/2/2009 10:27

re shopping around...

of course makes perfect sense, afterall mostly commodity products. And as for the non commodity products, well the bigger the outfit_ then the wider the quality range.

keep meaning to write to management about the 10% off day for OAPs at BnQ. Now illegal!

[m.t.glass] 26/1/2009 16:15

Undoubtedly, jeffian. But also in line with the short-term downtrend that began 2 weeks ago, and the longer term downtrend from 2007. Regardles of the partial rebound this afternoon, the WOS statement will have reinforced negative expectations at TPK.

With the economy expected to remain in the doldrums throughout 2009, what grounds are there for expecting TPK to escape the downtrend?

[jeffian] 26/1/2009 15:59

I think today was just a reaction to the Wolsley Trading Statement.

[m.t.glass] 26/1/2009 11:38

Less than 4 weeks till TPK release their actual results.

[m.t.glass] 26/1/2009 11:36

My own recent experiences of shopping around for prices on a variety of building materials and products - some for myself and some on behalf of others (I used to be Senior Buyer for a construction company many years ago and still keep my hand in) - is that TPK at branch level - like any big chain - do not have sufficient pricing flexibility to win against local independents when it comes to serious bargaining. Builders generally are shopping around more thoroughly than they did item by item rather than automatically combining loads.

[cockneyrebel] 23/1/2009 19:40

Hi Willie, don't worry, I ain't long TPK, I'd be short if anything.

CR

[williemanjaro] 23/1/2009 18:47

Yes I understand that-still JUG--have to say that Seccombes and Castle blew Perkins prices out of the water thanks to Perkins Stock market listing and the rush for profit.
Now if only Screwfix sold Timber,sand & Cement---they`d shut Perkins for good--:O)

[jugears] 23/1/2009 18:18

Thats because most customers collect on the way to a job in the morning.