Nervousrex
28 Sep 2017
dede s We were both right in a way :- Coltrane Asset Management, L.P. 1.90% ðÔ 0.10% 25 Sep 2017 They increased on the 26th , not much but it was an increase . Still , over 8% of the shares have to be bought back at some stage before the SP goes up much more . If they buy them back on the same day , could be interesting .
dede s
27 Sep 2017
Re: shorters getting more active Nervous, I beleive the site you are using is a free site, and not always up to date, I pay for spot info thru my private bank a/cI published my info as I thought PI,s in Pets should be aware of this very high level of shorting, so do with it as you wish, I am happy with what I have done.Good luck to all PI,sD
Nervousrex
27 Sep 2017
Re: shorters getting more active My information comes from here :- [link] imply that short interest had increased recently , according to this site that is not correct . In fact the opposite is true if they are to be believed . I suggest you post a link to your information .
dede s
26 Sep 2017
Re: shorters getting more active My info of 8.82% was correct at 1600 today, your 8.65% may be correct, and may not be. However the fact is either % is a high figure, sufficient for me to take action, what you or others do is entirely your decision, but as I pay a subscription service for the most up to date shorting info, I felt others would want to know the situation.
Nervousrex
26 Sep 2017
Re: shorters getting more active BlackRock Investment Management (UK) Limited 1.64% ðÔ 0.09% 18 Aug 2017 Coltrane Asset Management, L.P. 1.80% ðÔ 0.10% 5 Sep 2017 Foxhaven Asset Management, LP 1.52% ðÔ 0.12% 26 May 2017 Immersion Capital LLP 1.40% ðÔ 0.12% 13 Apr 2017 Pelham Long/Short Small Cap Master Fund Ltd 1.53% ðÔ 0.29% 25 May 2017 Polar Capital LLP 0.76% ðÕ -0.17% 22 Sep 2017 Total 8.65% Your information is not correct , check the dates . Polar Capital have reduced recently .
dede s
26 Sep 2017
shorters getting more active in the last 6 weeks short positions have moved from just below 7% to today at 8.82%, so the 6 inst,s involved must now be well under water, but rather than close their positions they have increased them??They must take the view that the share price will collapse, or if they continue to increase their positions it surely will. I nhave seen what they have done to Carillion, and as they continue with CARD I have decided to take the profits I have, then key a watchful eye on the price, and % of shorts, over the next 3 months.good luck
tomhawbuck
18 Sep 2017
Re: NEW ARTICLE: Stockwatch: A 4% yield and ... Yes but.....on 14 September, Wynnstay PLC (in which I have a small holding <2% of my total) announced in an RNS that it had issued a notice of intent to appoint administrators for its Just For Pets business, having considered all options for the business, including a sale. The business is much smaller than Pets at Home, at 25 stores, but seems to have been well run as far as one can tell. The reasons for the administration were that the business had become unprofitable because "Changes in consumer buying behaviour, coupled with additional sources of competition and greater cost pressures, have placed an increasing strain on the business and the subsidiary has become loss-making."I don't hold shares in Pets at Home, but I wonder if their model is also being affected by these changes in buying habits, additional sources of competition and greater cost pressures.
II Editor
12 Sep 2017
NEW ARTICLE: Stockwatch: A 4% yield and upside potential "Is a 4% yield enough to tip the risk/reward profile on @GB:MCX:FTSE 250 retailer LSE
ETSets at Home positively?At about 190p currently, and according to 25 May projections by company broker Numis Securities, its stock trades on a forward ..."[link]
Shotry
02 Aug 2017
Value trap or not The price is rising. Whether it's true demand for the moment or short covering, I don't know, but we may have seen the bottom.
paul1945
26 Jul 2017
Re: Value Trap Thanks
Nervousrex
26 Jul 2017
Re: Value Trap Try this [link]
paul1945
26 Jul 2017
Re: Value Trap Can you tell me where I can find stocks that are being shorted please?
tomhawbuck
19 Jul 2017
Re: Value Trap Something odd is happening in the pet food/pet products business. First, according to the Financial Conduct Authority spreadsheet, Pets at Home seem to be heavily shorted at the moment. Second, Wynnstay, who own Just for Pets just reported 'subdued demand, difficult trading conditions' and a loss in their pet supplies business. I presume the problem is online competition, but as a non-dog owner I lack the crucial expertise to tell.
Spain Fund
14 Jul 2017
Value Trap One of my worst buys, down around 25% but at least dividends paid today for reinvest at lower share price. Pets looking a bit like Tesco with their out of town stores not so popular these days when a click on the mouse delivers free to your door. They have s h a f t e d the most of the bricks and mortar opposition, now getting some in return from online. Most of their products still look a bit overpriced to me. I order online two 15kg bags of Wainwrights at a time but not much else and certainly wouldn't travel to buy at their prices.[link] repeats 'sell' rating on Pets at Home and HalfordsThe broker repeated a ‘sell’ rating on Pets at Home and a target price of 145p, citing fierce competition in UK pet care from the likes of Zooplus. Since Liberum downgraded the company to ‘sell’ last July, its shares have fallen 30%.Liberum said the group needs investment into third-party brands, which has added downside risks.It added that it does not see the 4.5% dividend yield as “paying enough for a recovery story that could take three years to deliver meaningful profit growth”.Halfords was also given a ‘sell’ rating and a target price of 340p but Liberum said there was “less risk” to its forecasts for the retailer of car parts and bicycles than Pets at Home.“Top line momentum has shown improvement with a particularly strong Easter period and, at the May preliminary results, management re-iterated that it anticipates fiscal year 2018 pre-tax profit to be in line with consensus expectations of broadly flat.But the broker said: “A key issue for us is whether the cycling market can grow at management's expected 3-5% p.a. and whether Halfords is able to maintain its share in an increasingly competitive environment (on-line and store-based).”What is a value trap? A classic value trap is when everything about a particular stock – low price-to-earnings ratio, good cash flow, high yield etc – looks like it is good value.Actually though, their cheapness is a reflection of their inferior quality in some way. Essentially, they’re cheap for a reason and they’re hard to make any money out of because they’re not being bought for less than their true worth.....
Blanketstacker
28 Jun 2017
Re: Liberum The last forecast I saw was 146. Unfortunately these things too often become self-fulfilling prophesies. If proof were needed that the entire retail sector is being hammered without regard to facts, we need only look at DC today. The company reported increases across the board, but the price closed down 1%. We may well have an extended wait here. The dividends will help!
