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Ftse your the pathetic one mate, ramping this without any evidence or research. Do your research and then come back here. Just keep making stuff up to make yourself better, but you don’t realise the damage your comments could be doing by sucking in unsuspecting investors. Show me one piece of research to backup your ramping??
Chris- hopefully not but is looking very likely. Just had a trail of their Facebook page and good reviews seem almost non existant, with the majority of feedback being complaints. I stand to think how much this must be costing in compensation, lost time and not forgetting the loss of business. It’s a possibility it will recover but doesn’t necessarily mean it will end up well for us, again Debenhams being an example. Don’t forget hedge funds hold the debt here too which is due to be paid fairly soon. This will will never hit 600p again as there are now 300m shares in issue which would give the company a market cap of 1.8bn. This is impossible for a company operating on a margin like CPR. That peak share price was when there were only 67m shares on in issue, so I would say the top this will ever hit is 50-60p if it ever recovers. DYOR
Hopefully not in Debenham territory bill!
Im sure it's not that bad although you can make comparisons,
News on the 25th will determine whether I stay In or not.
Wierdly I still believe this can turn round,
I travel the country and every (most) retail parks have a carpetright, they also have a national distribution network and TV advertising and a presence in most peoples minds, let's hope the bod can sort this out, I know so far they haven't but making the first correct moves and taking there heads out of the sand may prove fruitful?
This former 600p + share cannot carry on trading at 13-20p surely?
Very small positive update doubled + the share price so fingers crossed for a re rate.
Chris- they might be doing the right thing but does not necessarily mean the right thing for shareholders. Just look at IRV and Debenhams as an example. Yes totally different markets but the patterns are identical.
Let's hope not Bill,
I'm invested here and am hoping for good news, still the biggest carpet retailer in UK and with interests in Europe I'm sure they can turn this round, I feel the board are belatedly doing the right thing, let's hope they are not total muppets! Store closures etc should of happened long ago but hopefully on the right track now? Any thoughts much appreciated.
Chris-no idea mate, but by the way it has dropped suggests there maybe some bad news on the way like a cash call or something similar. I’m hoping not since I invested at 30p despite what some of the people say on this board. Remember they said the financing would be sorted before the 25th so just depends how dilutive it is, or Attila wipeout for shareholders.
Does anyone have an opinion why the price has reduced from trading statement update??
No bad news since so why has it dropped from 35p??
Hoping for good news on the 25th.
.
coolkid,also don't be influenced by all the sad shorters on here
Coolkid- so just because a 3rd party site recommends this, this is a good investment?
They have no more information then the rest of us, so it’s just all work. Just have a look how many times they change their view. God help you if you depend on BB to make investment decisions.
Carpetright (CPRC.L) more signs of positive recovery Carpetright reveals new partnership with Furniture Village and opened its first concession with the British furniture retailer.The new concession is among the carpet retailer’s other concessions in the UK which can be found in Morleys, Pearson’s, Barkers, Atkinsons and Browns.It recently terminated its partnership with home and DIY retailer Homebase.Carpetright chief executive Wilf Walsh said: “It has been great working with the Furniture Village team in getting this brand-new concession up and running, and we are thrilled to be opening our first concession with them.”Furniture Village chief executive Peter Harrison said: “As one of the UK’s largest general furniture retailers which already service most rooms in the home, it makes good sense that we should explore further ways of extending our product offering.”Carpetright on verge of bouncing back as CVA begins to bear fruit.Carpetright has said its UK like-for-likes had “improved significantly” in its final quarter, as a CVA that resulted in a major restructure and store closures begins to bear fruit.The retailer said its overall trading performance in the 12 weeks to April 20 was in line with expectations, where UK “like-for-like sales trend improved significantly” compared with the financial year to date, as “customer confidence in the business started to return”.Carpetright added that it was expected to hit its annualised £19 million cash savings. “This has been a transitional year for Carpetright and we remain on track both with our recovery plan and our strategic initiatives,” chief executive Wilf Walsh said.
Coolkid-unfortunately the share price says the complete opposite. Looks like good news is not on the Horizon as some of the tampers keep saying.
Anyone know why this is in a steep decline?? I’m 35% down.
The Company are replacing Full Time staff with part time positions look on their jobsite .
Clearly sales are no good and more branches need to close .The CEO never visits a store and has no idea on operations
Many free surveys do not proceed to an order as the surveyors fail to close deals .
Like it.
Not long now can confirm the 19m savings and the yr on yr metrics will br strong.
Don't know what this is about.
I would have thought that the savvy customer would have know that the majority of fitters are self employed.
In my years in the trade which was 40 plus most retailers But not all used self employed fitters.
Save costs in vehicles ect I assumed most customers would have know this.
yet another reasoned argument ,its amazing what they can get hamsters to do these days.
always good to have a high brow conversation
haha outlander your mum says your dinners ready
How sad are you.
If two people dont agree with you then it is some massive conspiracy to short the price.
this was a good company it is not any more
I take it all the people who have complained about the level of service and quality of product are out to short the price as well (watch dog must be part of conspiracy as well)
lets get my own conspiracy going are you perhaps a senior member of their management trying to recoup some of the 1000s you have lost on shares you purchased when they were 5 times the price
or may be you can open another account in a different name so someone else can agree with you .
I am always open for a reasoned debate but not with the milkshake throwers of this world.
haha here come the shorters,they were nowhere to be seen a couple of weeks ago when this shot up
just look at their facebook page complaint after complaint
say their sorry but unable to do anything about it.
buy from a local independant store who respect their customers and trade on their reputation
Still the same old bad practices, anything goes wrong at fitting wash their hands of it and blame fitter who is on 3rd party contract that customer didn't even know about. On watchdog last night for it and no-one had nerve to go on and defend. Rip off Britain that's CPR put you in a contract with a 3rd person and not even tell you till there is a problem. sooner they go the better.
Carpetright (LON:CPR)‘s stock had its “hold” rating restated by stock analysts at Shore Capital in a note issued to investors on Thursday, April 25th, ThisIsMoney.Co.Uk reports.
Separately, Peel Hunt restated a “buy” rating on shares of Carpetright in a report on Thursday, April 25th.
Ftse- so the source of your ramping is a news article just Reiteratibg what was said by the CEO?? Just shows what type of investor you are. Let me tell you the words of a CEO are not always true, I’ve been burnt by this in the past. Just have a look at IRV, Carillion kier an example.
I’m invested here but you don’t see me coming up with pathetic ramps like yourself like this share will shoot up 150% on the next update, as there is nothing to back that statement up.
Any way not going to waster anymore time on a looser like you.