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Anyone else as confused as me.l? I thought the update was positive so can't understand the drop in share price or am I missing something.
I thought the RNS read quite well. What the hell were investors expecting? New business from Outer Space?
Was so tempted to buy in yesterday. Really glad I didn't.
Excellent RNS and excellent results
Where did santa go, or did the grinch turn up?
500p. ; purrfect. This kat thinks we need special dividend to climb higher. Maybe Santa comes early.
More like 500p tomorrow
450+ tomorrow I reckon
PETS interim results are tomorrow by the looks of their share price which is just going up, up, up and up
I can guarantee the results will be amazing, they have been open throughout the pandemic, due to them being essential business and them having vets instore will increase their profits multiple times.
Looking forward to tomorrow
Yes I have witnessed this first hand in the stores. It’s bonkers at the minute.
agree Majorboy.
Heard on the news today that the search on google for dogs to buy has risen by 160%... pets at home will be one of the first places the first time buyers of pets go.
Not surprised ....the vet treatment I was quoted was done by an established local vet @ 55% of PAH price? Can this model be sustained? I doubt it...
I sold 2 days ago to put into another share (which is and will do well) and planned on coming back after second wave
I was 48% up so cant complain but another 20% today would have been nice. 210 to 310
I was not sure whether this would move up
flipping annoyed at myself
nice to see how pets ticking up with this buying volume
Pets at Home Group PLC (LON:PETS) said its full-year underlying pre-tax profit is estimated to be ahead of the current market expectation for £73mln.
The pet care business, which could only sell a limited amount of products during the coronavirus (COVID-19) pandemic lockdown, said the momentum seen after all its operations restarted in the summer has continued through the past month.
READ: Pets at Home preferred by Liberum among animal health stocks
In the eight weeks to September 10, 2020, the company said it delivered “double-digit like-for-like growth in customer sales”.
Shore Capital moved the stock to 'buy' from 'hold' arguing with the earnings momentum and the self help levers available to the company that the shares have further to rise.
Analysts at Peel Hunt raised the target price to 350p from 300p and upgraded full-year profit expectations to £85mln from £77mln
Bought in at 233 and supply about 9am for 274.
I keep telling myself "You've made a decent slab in 2 weeks" but then give myself a kick.
Well done everyone.
I agree, great results. Easily could have gone the other way with poor management. Really pleased with the work Peter Pritchard has done since taking the helm.
I was also pleased to hear about the plans for the new site and how well they've looked after their staff (and families) during the first months of you know what. Well done to those that got in on the dip and held the month or two of yoyo! Very much onwards and upwards.
Agreed. The Dividend remaining intact is another huge bonus too!
It has already, just on 301 now. Not just dog food, you can get that in the supermarket. It is the other bits like the vets and the small pets sections that PETS stand out for me.
Great update. 300p very close. Super turnaround. People will always buy dog food!
Fantastic update. All very positive despite YOU KNOW WHAT.
Nice to see they rewarded their staff with bonuses due to working during YKW.
Glad I bought back in a few months back just after a big fall ( April or May) , hopefully will keep going up.
Got to say I am always impressed every time I go into this store. People probably worry more about their pets than about themselves and the staff are always helpful and knowledgeable. Whether that is from training or recruitment I don't know.
anyway, onwards and upwards.
Yet another set of sterling figures, managment seem to be on the right track...
I’m out at the moment and can’t see this hitting the previous highs before lockdown. It is going to continue to get dragged down by the general market with its numerous bad days to come. I think this is a great business but it’s very uncertain times especially for retailers. Sitting with cash but I’m an investor and not a day trader so will sit on the sidelines for the time being. Gl all