pearlsasinger
05 Jan 2016
SP at 106p!!!! There really is no logical explanation tothe sp movements of HOME.from 110 p down to 90p.-- and back up to 106+ today.all within 4 weeks. and with depressing negative retail reports in every newspaper.
nk1999
22 Dec 2015
Investec From Citywire (02/12):"Home Retail eyes Homebase saleHome Retail Group (HOME) could offload its Homebase chain of stores, according to reports,Investec analyst Alistair Davies retained his ‘buy’ recommendation and target price of 155p on the company, which also owns Argos. The shares rose 3.4% to 106.4p yesterday on the news.‘[The] Financial Times suggests a potential bid for Homebase, with former management from Garden Centre Group said to be looking for private equity support,’ he said.‘A splitting up of the group is feasible, in our view. On a sum-of-the-parts basis, we conservatively value Homebase at £230 million with the balance sheet supporting a group value of £1.5 billion (180p per share).‘Sentiment is likely to remain sceptical given Argos’s issues and recent profit warning, but the group’s balance sheet and support and potential corporate activity should underpin the shares in our view.’"
BOWOOD
08 Dec 2015
Re: HOME, 50% Plus potential upside........ Don't foreget that HOME makes a profit, pays a dividend and has assets of £3.50p per share so any bid needs to be 250p at least IMO
BOWOOD
07 Dec 2015
Re: HOME, 50% Plus potential upside............ That's encouraging. Its the Financial Services side that could be worth considering by a potential bidder who looks to break the business up.
oldjoe1
07 Dec 2015
HOME, 50% Plus potential upside............. <b>Home Retail Group Plc 56% Potential Upside Indicated by NomuraPosted by: Ruth Bannister 7th December 2015</b>Home Retail Group Plc with EPIC/TICKER LON:HOME has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Nomura. Home Retail Group Plc are listed in the Consumer Services sector within UK Main Market. Nomura have set a target price of 170 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 56% from the opening price of 109 GBX. Over the last 30 and 90 trading days the company share price has decreased 2.7 points and decreased 52.7 points respectively. Home Retail Group Plc LON:HOME has a 50 day moving average of 121.35 GBX and a 200 day moving average of 154.35 GBX. The 52 week high for the share price is currently at 219.38 GBX while the year low share price is currently 96.7 GBX. There are currently 815,092,075 shares in issue with the average daily volume traded being 3,805,945. Market capitalisation for LON:HOME is £893,340,902 GBP. Home Retail Group Plc is a United Kingdom-based home and general merchandise retailer. The Company’s segments include Argos, Homebase and Financial Services. Argos is a digital retailer, which sells products through its 755 stores, Website and mobile applications.
BOWOOD
07 Dec 2015
Re: Investec I don't think you will see these at £1 as the sum of the parts is worth much more. Christmas trading figures will need to be out first but then I think we will see a bid which will possibly attract further interest.
lambrini girl
02 Dec 2015
Re: Investec I wouldnt rush in should be a £1 in not too distant future..<<<told u early in year..BANG ON!!<<<nice bounces off the pivot..BANG ON!!
II Editor
27 Nov 2015
NEW ARTICLE: Retail shares to watch this Black Friday "It's Black Friday! Time to dust down the credit card and get spending. This awful American post-Thanksgiving tradition has caught on here over the past few years, and is now the starting gun for Christmas shopping season. Warehouses the size of a ..."[link]
nk1999
23 Nov 2015
Re: Rumours From ADVFN:"RBC Capital Markets and Investec said fresh rumours of a £1bn takeover bid for Home Retail Group were credible but also highlighted that the shares are undervalued and could recover under current management.Home Retail, the owner of the Argos and Homebase retail chains, is "being circled by potential buyers" after its recent profit warning, according to reports on Sunday.The investment banks said such reports were not surprising given the recent weakness in the shares and valuation support that lies within the group, notably its net cash position of close to £200m and fully-funded net loan book that will top £600m by year end."Bid discussions tend to come and go, however we think the company's depressed valuation and potential for an alternative strategy means that the press reports cannot be dismissed out of hand," RBC said, which has a 150p price target and 'outperform' rating.Investec said it continued to see Home Retail as a value play in its own right and has a 155p target and 'buy' rating on the shares."nk
pearlsasinger
23 Nov 2015
Re: Rumours The shorters will not be too happy.Large volume today --but that could be some shorters closing theirpositions?(holder)
nk1999
22 Nov 2015
Rumours From Times:"Predators plot £1 billion takeover bids for troubled Argos Owner: Private Equity firms are considering £1 billion takeover bids for the Owner of Argos and Homebase. Several retail industry figures have been asked to advise on approaches for Home Retail Group (HRG). Buyout houses are understood to be circling following a slump in the company’s share price and an unusual pre-Christmas profit warning, which it blamed on uncertainty surrounding Black Friday promotions."
II Editor
09 Nov 2015
NEW ARTICLE: Trends and Targets for 10/11/2015 "HOME RETAIL GROUP PLC (LSE:HOME) has been getting headlines, due to Argos being part of the company. But despite the headlines today moaning about an Argos website crash, something happened to HRG's share price in mid-October and it appears a ..."[link]
arborman
27 Oct 2015
Re: Investec Not quite there yet but getting closer.....
nk1999
24 Oct 2015
Deutsche Bank From Citywire:"Argos investment hurts Home RetailHome Retail (HOME) is doing the right things do develop its Argos chain of stores, but it is hurting earnings, according to Deutsche Bank.Shares in the company fell 20% to 120p over the last two days, after it warned on full-year profits due to the scale of its investment.Analyst Warwick Okines cut his target price on the stock to 130p but maintained his ‘hold’ rating.‘The new Fast Track proposition from Argos is impressive. For the first time consumers can pay online for store pick-up, enabling products to be collected within 60 seconds.But with a £10 million cost of communicating these changes, a £10 million hit from weaker electricals trading, and £10 million in higher wage costs next year, Deutsche is cutting its forecasts.‘In this context it looks likely that Argos’ February 2018 targets (£4.5 billion sales and mid-single digit margin) will be pushed back,’ said Okines."
lambrini girl
23 Oct 2015
Re: Investec I wouldnt rush in should be a £1 in not too distant future..<<<told u early in year..BANG ON!!
