Bill1703
03 Jan 2018
Re: Tipped in newspaper. "... im up about 50 % on this stock and Was thinking of selling out to cover my NG and WTB losses. Have you run your ruler over BME ..."CPMN - yes, it's on my watch-list and I've looked at it from time to time. But it's always been too richly valued to tempt me in... obviously, the wrong call as things stand!As of now, the valuation metrics are all flashing amber, if not quite red... and the pretty steep incline over 2017 in particular begs the question of "too much, too soon?" That said, the business model is clearly sitting in a fairly sweet spot right now and no immediate reason to doubt this will change overnight, so the current momentum could easily continue for a while at least.Taking a medium-term view, the question is, can they deliver sufficient growth to justify the current valuation? Based on consensus forecasts, by FY19 (ie. two reporting years away) the P/E comes down to just over 20x, so the answer looks to be, "just about" - I always say, you need to be able to at least see 20x within a reasonable timeframe, for even the growthiest of growth stocks. But obviously, they need to execute, and there is little room for even minor misstep - in this sector, even a scent of slow-down and the punishment could be swift and severe.So... no better than HOLD for me, but maybe no worse, as yet. FWIW if I'd been in this one for a while, and it was a decent chunk of my portfolio, I'd certainly be considering selling down my holding, though maybe not out entirely.Interesting that multiple papers have it in their "2018" picks, but in itself not a particular Bull case... newspapers don't really do valuation, in my experience, and they are known for being late to the party when it comes to picking stocks. It is ine reason why they habitually don't do it very well - though in all fairness, I should note that both the Mail (+20%) and in particular the Standard (+40%) did pretty well with their 2017 picks...
cudntpikmynose
02 Jan 2018
Re: Tipped in newspaper. Bill im up about 50 % on this stock andWas thinking of selling out to cover my NG and WTB losses. Have you run your ruler over BME .
Bill1703
02 Jan 2018
Re: Tipped in newspaper. Also tipped elsewhere as a "2018" pick - in the Telegraph I think.
cudntpikmynose
02 Jan 2018
Tipped in newspaper. [link] at bottom of page.
gamesinvestor
16 Nov 2017
Checking Out [link] a good time to check out as well.Terry only leaves once he's pump primed the business and left it in a precarious position - Tesco was classic. 12-18 months from now I wonder what his legacy will have left.Games
maerskcon1
14 Nov 2017
A tad oversold.... ....but managed to buy a few more. Good half yearly and on the run up to Christmas, buying Heron should give a very good post Christmas figure.
meattrader
26 Jul 2017
Asda A bid would value shares at £4-40 may be worth a punt.
Ripley94
24 Jul 2017
Re: Another company not paying their fai... It was also in Sunday papers share price up 4%
Ripley94
24 Jul 2017
Re: Another company not paying their fai... Ramp on LBC .. Nick Farri.... breakfast show. ( David Buick )
valerija
02 Jun 2017
Shareholder value Mmm - yet another example of looking after those on the inside. Placing at 10p discount to the weeks high, and with 192 million traded already this morning just how many of those are shorts now closing.Liquiditity remains with the chosen few and the private investor been rolled over once again.Seems a strong business but seems to revolve around it being a money churning machine for those on the inside. At least no £100m special dividend give away this year!
Phillip Reid
04 Jan 2017
Excellent Trading update! We have it all in front of us, this is the way forward in retailing in the UK and Germany. SP up over 10percent as I write.''RNS Number : 2610TB&M European Value Retail S.A.04 January 2017B&M European Value Retail S.A. Trading UpdateRecord Christmas trading drives strong Third QuarterB&M European Value Retail S.A. ("the Group"
, the UK's leading multi-price value retailer, today provides a trading update for the third quarter of its current financial year, relating to the period for the UK from 25 September 2016 to 24 December 2016 and for Germany from 1 October 2016 to 31 December 2016.Highlights● Group revenue growth in the quarter of 20.5% at constant currency, including a 7.2% rise in UK like-for-like revenues● Strong operational and financial performance through the peak trading period, including good Christmas seasonal sell-through● Management is confident that the Group will meet market expectations for Adjusted EBITDA in the financial year to March 2017Regards
itsfatboyjim
15 Jul 2016
Citywire B&M shares at attractive entry pointShares in home retailer B&M Retail (BMEB) have slipped but the fundamentals remain unchanged.Numis analyst Matthew Taylor retained his ‘buy’ recommendation and target price of 350p on the stock following ‘robust growth in Q1’. The shares rose 6% to 271.5p yesterday, but are down 13% since the beginning of June.‘Given the high probability of growth, which is almost entirely driven by the proven store roll out, we think the recent fall in the share price provides a very good opportunity to buy the shares at an attractive valuation,’ he said.‘Fundamentals unchanged, shares have slipped: we view B&M as relatively insulated from the negative “Brexit” implications for the sector, mainly around currency and consumer confidence. The dollar sourcing exposure is relatively low and largely hedged for full-year 2017.’
Phillip Reid
14 Jul 2016
Good Timing ! Nice timing for a change!Bought in yesterday - Upnearly 6% today Q1 Trading update today - Total Group revenue increased by +21.5%.From Tr. update - "Financial Position and Outlook The Group's financial position remains sound and we are confident of meeting full year market consensus profit expectations. "LTH - Good growth stock - plenty more countries in Europe to enter after consolidating in Germany and UK.
Leslie48
09 Feb 2016
Re: BME Broker UPDATE................ There's an inevitably that this company will do well given some of its forceful management experience ; I am impressed with its prices too. Given the way incomes are going as Tory austerity hits low pay families and others older - its growth is assured.
oldjoe1
05 Jan 2016
Re: BME Broker UPDATE................ B&M European Value Retail BME Jefferies International Buy 281.00 278.50 400.00 400.00 ReiterateSP Target 400p
