Re: Broker buy recommendation I believe it was numeris just reaffirming their weak buy broker recommendation of 275. (Sharepad)
Re: Broker buy recommendation Wondered what had caused rise. Couldn't find any broker coverage news
Broker buy recommendation The broker buy recommendation today has certainly reversed the trend at last. Very undervalued. A strong buy.
Pet care I would think that Pets At Hom is likely to sail through any Brexit-induced recessionunharmed. It is not custom in Great Britain to neglect pets when cash is short. I haveknown old folks shivering at a miserly small fire with their pet dog living it up ona generous bowl of dog meal topped up with large chunks of minced meat. Cheers,WS
SHORTS DATA hxxp://shorttracker.co.uk/company/GB0031274896/allBetting Against U.K. Retailers Hits 2-Year High Amid Brexit Jitters06/04/2017 12:45pmDow Jones NewsMarks & Spencer (LSE:MKS)Intraday Stock ChartToday : Friday 7 April 2017Philip WallerLONDON--Betting against U.K. retail stocks has hit a two-year high as investors fret about the potential impact on the sector of a "hard Brexit", a study released Thursday showed.Grocers including Ocado Group PLC (OCDO.LN), Wm Morrison Supermarkets PLC (MRW.LN) and J Sainsbury PLC (SBRY.LN) hold the top three places respectively in a list of the most-heavily shorted stocks in the sector compiled by research group IHS Markit.Marks & Spencer Group PLC (MKS.LN), Halfords Group PLC (HFD.LN), Sports Direct International PLC (SPD.LN) and Pets at Home Group PLC (PETS.LN) have also been targets of short-selling, in which investors bet on a downward movement in shares by borrowing and selling them in the hope of buying them back at a profit later.Online grocer Ocado is also the third most-shorted stock in the FTSE350 Index as a whole, with more than 15% of its shares out on loan.Investors keen to hedge against uncertainty caused by the U.K.'s vote to leave the EU have been shorting UK stocks with a heavy domestic revenue profile since the middle of last year, IHS Markit said.Shorting of retailers, many of which get most or all of their earnings from the U.K. market, has surged in the last few weeks as Britain has triggered Article 50, the EU's mechanism by which an existing member leaves the bloc.The bets now represent 3.3% of the total shares of the 43 retailers in IHS Markit's study, the highest average for the sector in more than two years.IHS Markit analyst Simon Colvin said a growing number of disputes related to the U.K.'s EU exit, such as last week's row over the sovereignty of British overseas territory Gibraltar, risks a so-called "hard Brexit", in which the U.K. would quit the EU without a trade deal after the official two-year negotiating period."Such an outcome could leave retailers paying more for imported goods, owing to both tariffs and a falling pound, while potentially limiting their access to the foreign staff who play an important role in the U.K.'s service industry," Mr Colvin said.While supermarkets have been shorted for a while due to competition from discounters, more bearish sentiment towards clothing and sport goods retailers in the last few weeks indicates the market is steeling itself for a slowdown in non-essential spending, he added.Short interest in M&S has more than doubled in the year to date to 9% of shares outstanding, while shorting of Sports Direct and Pets at Home has climbed by more than a third since the start of the year.Write to Philip Waller at [email protected](END) Dow Jones NewswiresApril 06, 2017 07:30 ET (11:30 GMT)Copyright (c) 2017 Dow Jones & Company, Inc.Please do your own research.
buying in last 10 mins or so looks bullish. Either shorts closing or someone one's buying. Either way, we may see it rise tomorrow. I've entered a small position today at 176.6ish (SB: after spread). Am hoping it drops back a little tomorrow to give additional exposure.I also have 163ish as a possible bottom that would be worth entering (that sounds so wrong that I'll have to temper it with a 'I don't recommend that')
Motley Fool says BUY Upside potentialWith a dividend yield of 4.2%, Pets At Home (LSE: PETS) offers obvious income appeal. However, it could also prove to be a sound means of beating higher inflation and generating relatively high capital gains. For example, the companys dividends are covered twice by profit, which indicates that they could rise at a faster rate than net profit growth over the medium term.Furthermore, demand for pet products is likely to remain surprisingly resilient. Even though consumer confidence is relatively low and Brexit could cause greater uncertainty for the wider retail sector, Pets At Home is forecast to record a rise in its bottom line in each of the next two years. Pet owners have historically maintained spending on their cats, dogs, rabbits, gerbils and parrots, even if they reduce spending elsewhere due to higher rates of inflation. This could mean Pets At Home outperforms the wider retail sector during the next few years.***Since the company trades on a price-to-earnings (P/E) ratio of just 12, it seems to offer significant upside potential. Its historic average P/E ratio is 18. While that may not be achieved in the course of 2017 due to uncertainty within the retail sector, it shows that the companys shares offer a wide margin of safety.[link]
P/E 12; Dividend 4.4%; low debt Trading at all time lows.52wk high = 288pP/E only 12.Dividend 4.4% and growingNet debt approx 12%Assets £1.3BnGood dividend cover of 2.1Vet business growing quicklyRelatively defensive
NEW ARTICLE: Stockwatch: An early-stage 'buy for income' "Is it time to buy plunging mid-cap retailer LSEETSets at Home, the biggest UK supplier of pet products and services?It floated two years ago at 245p and had fallen to 167p by autumn 2014, then rallied to 311p by summer 2015 only to start a ..."[link]
Director Buys Shares A Director bought shares this week, so a bullish signal. Shares should start to pick up from here. Currently undervalued.
Re: Rapid jump in price and volume Topped @ 185
Re: Rapid jump in price and volume A sound investment. Shops are very busy on a daily basis. Pets offers good service in store but is not over staffed like some shops I visit. The retail negative talk has been well overdone and signs of good recovery in the sector. Sainsbury and Debenhams are recovery strongly, so bodes well for retailing.
Re: Rapid jump in price and volume Topped up yesterday @ 194
New sales drive Special offers and intense marketing. Price reduction in dog food even reported in the FT online. Tesco has dented other retailers today.
Re: Rapid jump in price and volume Can buy for 198 today.