United Carpets Share Discussion Threads

[lbo] 15/12/2014 16:27

Carpetright UK like for like sales up over 6%

[mark1000] 28/11/2014 19:03

so they come up with half yearly figures and report cash of just over 2 million what is the div going to be ? my guess a special div 1p ordinary div 0.25 which should leave a million in the bank .

[envirovision] 26/11/2014 23:18

65% upside. Nice!

[envirovision] 26/11/2014 00:23

Sorely tempted to average up gutted this is presently my largest small cap holding otherwise would be adding more in spades!

[lbo] 14/11/2014 16:08

furniture and carpet sales climbed 72 per cent.



Demand for furniture and carpets, however, remained high.

[envirovision] 17/10/2014 07:54

I never managed to diary it but will try to get along to next years.

[mark1000] 17/10/2014 00:39

Did anyone go to the AGM? - When will hear about the dividend it would be good to see 1p a share pre 31/12/14 with say 0.5p 06/15 and 0.5p 12/15 they could afford it such a policy would encourage a re-rating nearer to 12p to 15p rather than the current 7p to 10p.

[lbo] 06/10/2014 12:00

Not at the moment

[envirovision] 03/10/2014 16:47

Do you have a link or access to the full broker note LBO ?

[lbo] 24/9/2014 14:17

Topps Tiles expects annual pre-tax profit to surge 30%

[sladdjo] 11/9/2014 09:27

Managed to meet with mgmt. recently and the following are my notes:

Company is on track to meet market expectations, so that should be ~ £1m pbt or ~ 750k this year. Mgmt must then decide how to proceed with profits in terms of splitting the money between a divi or investing for capital growth. Comp is aiming to open ~ 5 stores over the next year which, based on the current count of 58 stores, should improve profits by approx. 9%, before changes in LfL sales. Of course this will be dependent on when the stores are opened and could easily be scaled back. They are also trialling a new smaller store format, but waiting to see results before committing to the project. Overall, this is a nice little comp, trading on < 10x this years earnings that could easily grow at >10% over the next few years with possibly a decent dividend thrown in as well.

[lbo] 22/8/2014 15:44

Yeah if they started paying that old 0.75p Dividend again it would only cost them £610k per annum and put them on a circa 9% yield. With profits back over £900k per annum and cash of £1.68m cant see why Paul Eyre (47% shareholder) and Deborah Grayson (15% shareholder) wont want their Dividend back!

Unless of course they get approached by a Private equity backer to take it private!

[envirovision] 21/8/2014 17:05

Sit tight. At todays price to buy it wont be long before you'll be sitting on a reliable income of 10% by the look of things.

[lbo] 21/8/2014 13:11

Sounds like they going to pay a Dividend

"Once the retained earnings deficit of GBP3,418,000 is extinguished the sum of up to GBP944,000 will be potentially available for future distribution.

Group sales for the first 20 weeks of the current financial year have improved a little (on a like for like basis) since the outlook statement provided as part of the preliminary results announcement on 24 July 2014 and, overall, trading continues to be in line with market expectations"