Is there anybody out there......in TPT? Hello All, just starting a bit of research about TPT to see whether it would be something for me and thought I would just see if there are any iii-ers out there already invested or in-th-know about this share…before I just talk into the abyss. Guitarsolo
NEW ARTICLE: Support for Topps sticks despite slowdown "Deeper cracks appeared in the recent share price revival of LSE:TPT:Topps Tiles today as the chain admitted it was not immune to the grim retail conditions.Less than a month ago, the stock was sitting on gains of 50% after a rally triggered by ..."[link]
NEW ARTICLE: The week ahead: Nonfarm payrolls, Topps Tiles, big dividends "It's another four-day week, so corporate news is thin on the ground, but there's still plenty to interest investors and it'll be big day in the US on Friday.Monday 2 AprilMarkets closed for Easter MondayTuesday 3 AprilTrading ..."[link]
Re: 84p again. Notice mention on AFE momentum bb.Can not see why its a better buy @ 87p then 63p a couple of months ago .Time will tell me something.
Re: 84p again. Costs you 87p to buy now after being sixty something pence just a couple of months ago.The market really does not have a clue what to make of Topps.Be agile and there is money to be made in the short and medium term.Sales up and 90% of those sales from exclusive lines... We will see 100p this year I reckon, going to take a bit of profit this morning and leave the rest to ride. "Differentiated products now account for almost 90% of our tile sales and are key to our ability to generate market leading gross margins."
Re: 84p again. The profit warning didn't help of course but results were pretty decent. Three times I have played the rebound from 80p-95p up into the 100's but the last one just lost its fizz.I personally wouldn't pay the extortionate prices at Topps but many do. The exclusive ranges are pretty good and the showrooms are top notch, some people can afford to pay a premium for that.I guess many think Brexit is coming down hard?Any ways, I have been buying all the way down in small chunks, last buy was at 63pLow p/e, good divi yield and management that know their field.It is money in the bank as far as I am concerned but with markets looking toppy I can understand people's reluctance.
Re: 84p again. so what is going on with the share price?
84p again. Time to buy again. We will see 100p before christmas in my opinion. 20% profit in six months on a boring and safe company? yes please!
Breakout? Looks like 100p has been seen off and we are moving upwards.Easy money when Topps were languishing at 85p just five months ago.
Bottom drawer Bottom? Not sure but have started to stick a few in the isa, once spring comes and the diyers get moving 100p should be easily doable imo.[link]
Re: Ready for the bounce Might as well look at tea leaves, they are 84p now!
Re: Ready for the bounce The week chart show much better how the share is bouncing from the lows early yesterday, when the large marked down encourage buyers to buy again.
Ready for the bounce reasons: I bought this morningShare price had a very large drop recently, an Institution took advantage of that upping their holding.Since early yesterday the shares have been going side ways around 90p being support and looking to move forward now. Higher volume buying today as the price is rising
NEW ARTICLE: Topps Tiles: Revenue up, profit up, dividend up "With all the numbers moving in the right direction and recovery turning into growth, whatâs not to like about the UKâs leading tile store?Topps Tiles explains itself well, which is why I spent much of yesterday reading its recent annual ..."[link]
Re: TPT...... 21% Potential Upside............. Topps Tiles broker viewsDate Broker Recommendation Price Old target price New target price Notes06 Jan Cantor Fitzgerald Hold 158.88 160.00 160.00 Reiterates06 Jan Liberum Capital Buy 158.88 176.00 176.00 Reiterates06 Jan Peel Hunt Buy 158.88 190.00 190.00 Reiterates