Travis Perkins Share Discussion Threads

[privileged] 28/5/2009 09:02

Ex-rights today! Does noone understand shares these days

[gunther1] 28/5/2009 09:00

Not holding any TPK, but braggers like you JUGEARS should just crawl back into their cage. Probably you've taken a hefty loss this morning and don't want to look stupid now.

[jugears] 28/5/2009 08:30

Im glad I sold mine last night

[privileged] 11/5/2009 13:42

I don't see why a holder wouldn't take up their rights to protect their existing holding, but whether you should then sell once it goes ex-rights is another matter...
looks fully valued at this price to me

[jugears] 11/5/2009 11:12

I will be taking up my rights to,The market seems to have reacted quite positively to tpk rights issue news.

[jeffian] 11/5/2009 10:47

The market is forward-looking and the share price will react to what it sees next year, not what has just happened. Actually, the results are pretty impressive in the circumstances. Almost all the revenue decline (19%) was in 'Merchanting' (i.e. sales to builders) which is what you'd expect with housebuilding at a standstill. The Retail side (Wickes etc.) is remarkably resilient at only -1.9% which is very much in line with what we are seeing from retailers across a whole range of products - the so-called 'Great Depression' has simply not impacted on spending to the extent feared. In the meantime, they are generating cash and reducing debt. Once housebuilding activity picks up again (which only requires price stability and sales, not rising prices), TPK revenues should bounce back strongly. I plan to take up my Rights unless something dramatic happens before I send off the cheque.

Regards, Ian

[spob] 11/5/2009 07:33

Group revenue for the four months ended 30 April 2009 was down by 13.6 per cent. with like-for-like sales down 14.4 per cent.,

[jugears] 08/5/2009 12:21

I can only speak from my own experience & that is that we are having the best year we have ever had in business.

[jugears] 08/5/2009 11:48

Rights issue or not, There have been some very Major buys in TP in recent weeks,I run my own company & supply to TP,All the branches I deal with Are very buisy,Infact our order book is the fullist for 45 years!

[spob] 08/5/2009 11:30

monday morning

rights issue

[jugears] 05/5/2009 16:03

Sounds like a takeover to me.

[caz101] 26/4/2009 21:24

Not a good time to bring a rights to the market!!!!!

[vivgav] 25/4/2009 17:58

The Times Market Report:

Galiform, the owner of Howden Joinery, the kitchen cabinet supplier, rose another 6¼p to 33p on an unusually high volume of 12.5 million shares after mounting speculation that Travis Perkins, up 2p at 688p, was mulling over a rights-issue-funded bid.

[hyper al] 18/4/2009 10:10

jeffian

Tesco, they want control of everything, they took Dobbies Garden Centres last year, and I bet they don't like Homebase

[jugears] 18/4/2009 08:29

Heard Tp possibly trying to purchase Howdens,
But then it wouldn't suprise me to see tp taken over Despite there debt they are avery good company.

[jeffian] 17/4/2009 10:40

'target' or acquirer? More likely the other way round, methinks. Who do you envisage would have a pop at TPK?

[oldvic] 17/4/2009 09:13

take over target

[tenapen] 09/4/2009 08:26

It needs to hold above 500p

anyone else watching TPK ?

[hyper al] 03/4/2009 18:34

Although new building is not happening, savers with money that is not making any gains for them are starting to spend it. Early days, but if interest rates stay at this level you could see DIY and small domestic build projects pick up.

[huwrayhenry] 03/4/2009 16:34

one would think this is over bought from here?

[tweeeek] 03/4/2009 12:18

Reckon next stop will be 600, just a tiny push required.

[jugears] 02/4/2009 21:19

rwcarlos- Well up today doesn't sound bad to me.