United Carpets Share Discussion Threads

[mark1000] 24/7/2018 00:57

Did think we might have seen a special dividend announced after all the cash balance must be between 2M - 3M suppose they are being cautious but could it also be that they are looking to grow the business beyond opening just one more store next year if they really needed extra cash they could sell and rent back the freehold stores they bought for a million 2 years ago.

[my retirement fund] 23/7/2018 17:04

Carpetright has just closed 25% of its storeportfolio. Thats a significant number. I not sure what the overlap is across UCGs portfolio is but its going to help them a lot.

[mark1000] 23/7/2018 14:16

Carpet Right sales down 3% and despite the rights issue still have debts including 15 million @ 10% - United have sales up 3% no debt. I would not expect to see CPR trading in 2 years time they will be bust partially self inflicted and may be greater part due to their founders activities like a wasp parasite consuming them from within. If for the current half year United revenue is down 1.6% I would guess CPR is down between 6% - 10% time will tell.

[boonkoh] 23/7/2018 13:52

United Carpets benefitted from prepack admin in 2012,able to exit loss making stores and reduced rents.Carpetright the same this year with CVA. Hence the surviving carpetright stores will have advantage over United Carpets, in terms of rent.If anything it will get harder for United, unless in areas where carpetright has closed down.

[my retirement fund] 23/7/2018 09:27

Would think it will feel the wind behind it this year, given the demise of carpetright.

[value hound] 23/7/2018 08:07

Good results, undervalued, holding for the yield.

[ntv] 20/7/2018 08:29

i don't think he is taking his medication in the evening spob

[spob] 20/7/2018 07:47

looks like another one for the idiot list :)

[my retirement fund] 19/7/2018 20:17

Gsgdhdkfmcnxns?

[my retirement fund] 17/7/2018 22:39

&dudvvevshusshshdue7ehshsh^#&#&÷^@/@_ggg^h_&

[spob] 17/7/2018 14:06

Final results should be this Thursday, using last year as a guide

[norbert colon] 26/6/2018 09:37

Usually around Mid July for results to be released.

[boonkoh] 26/6/2018 09:30

They are taking their time to issue final results...

[mark1000] 02/5/2018 16:36

We should get some news this month trading update plus news on any special divs.

[jailbird] 23/4/2018 10:41

lol...am I getting my wired cross here..why did I think UCG was based in Ireland!?..doh!

[my retirement fund] 23/4/2018 10:34

I guess it may prompt an influx of Irish shoppers via ferry into Liverpool which in turn could lead to orders in the Liverpool store.Lol

[jailbird] 23/4/2018 08:36

sky news reported 2 days ago

house-prices-soar-as-irelands-economy-booms

surely this could feed into UCG markets

[spob] 18/4/2018 12:32

I should think 75 year old Lord Peckham is sick of the sight of carpets by now

He has made his money and is probably thinking more about other things

[my retirement fund] 18/4/2018 12:27

Rinse and repeat. Usual stockmarket wealth transfer machinery from the poor to the rich working vert nicely.

[meijiman] 18/4/2018 11:29

Lord Harris of Carpets will run rings round clueless Wilf.

[loganair] 18/4/2018 09:56

If Carpetright go under it is known that Lord Harris Tapi carpets are looking at taking over around 100 of their outlets.

What I can see happening if this happens, Tapi will then come to the market with an IPO sucking in the Retail Investor with Lord Harris making a ton of money and over time Tapi will become another Carpetright.

[mark1000] 18/4/2018 09:12

I for one remain unconvinced CPR will succeed with their 60 million fund raise time will tell - but looking at the track record of the current management would you give them your hard earned?

[loganair] 12/4/2018 14:15

How many of these stores that Carpetright are closing are near UCG stores?