Pets at home Share Chat (PETS)

Widely reported that PETS had exceptional growth during the pandemic the worry now is can they maintain the growth. I would expect forecast to predict flat growth and poss small decline in profit as the rise in costs continue.

I gather we will know soon enough - like tomorrow - whose tail we are chasing, a bull or a bear.
Not looking great today for the run up to the results. So annoying.

That’s a brilliant thread Cirl. Thanks for sharing. Overall it has to be bullish from me on the company. They are net cash and I take a view that pet care will rank highly in a families household budget during a cost of living crisis.

Bull & Bear case on PETS.

Have a read, wonder around the excel spreadsheet & play about with the numbers. Admin for the past 7 years done.

https://twitter.com/CirlBunt1ng/status/1528908169346527233?s=20&t=kdY-UbiPBMpSdHUu7Ipnwg

I agree with you Tony. PETS offers high quality pet food, well trained and knowledgeable staff plus a trusted VETS service. Those customers who are retired with inflation linked income will remain loyal, putting PETS in a stronger position.

25th May 2022 are PETS next results - already confirmed eps 22p x very conservative p/e ratio 15 = 330p
5 trading days to go before results!

Pets found it bottom, when cost of living goes up this winter, people shopping for accessories in home bargains, pets be eaten basic, never Mind folk long Term share.

Going to disagree here. I get to go past my local Pets and Tesco as I go into town. Pets carpark as normal, Tesco definitely not the rush it can be and quiet on other times - I hold both shares in my portfolio. Of the two I think Tesco offers no scope for growth of its business but is a fair bet for a longer term hold. Those feckless pet owners who hit the news buying an expensive puppy during lock-down and now trying to dump it - well they certainly get the news but the far greater majority love their pets and would rather starve themselves than let their pet go without. Pets is going to hold up very well in this recession and has more room to grow as their on-site vet business model expands further.

Realise that Pets & other retail stocks have been hit hard by general lack of funds from a lot of the public. Any organisation that did well whilst covid was here, owing to being at home with the comfort of pets, will not be continuing to prosper with the threat of a recession arriving. Energy prices don't help too.
Marks & Spencer has sufferred too & even ASOS , so online shopping maybe is just not so affordable to the youngsters as well. Stocks might have further to fall this Summer.

https://www.youtube.com/watch?v=gFvkr6GBWLw,Soon be flying chumnbs

Now chumbs

Chumba putting on the Gravy on slight pick up tomorrow

Getting checky AVo lol like old days in sxx, start buying 280, chum a getting ready with them tasty dog biscuits, chumb, chumb.!

Getting very close to my 260p entry target now.

25th May 2022 are PETS next results - already confirmed eps 22p x very conservative p/e ratio 15 = 330p
Even, P/e ratio =16 = 352p
17 trading days to go!

Another !80,810k buys
hopefully excellent news arriving or even directors buying big time

2 X big buys

140,989k shares
175,000k shares

the price shot up after these went through, i think something has leaked and the SP is about to go BOOOOOOOOM

OK that's enough of a drop to 288p, finally i think the bounce has happened, lets get back to 330p to 350p minimum range
I hope everyone has been topping up

There's no option these day's between quality and quantity ,roof over heads come first, 270 now. reports in may won't do nothing. Chumba them dog biscuits have to be cheaper. woof woof

Well done, we all should be celebrating the profits soon, it will be much more than 10% soon, coz someone is stock piling this share, we will find out soon who it is

yes, TSSZ...took full advantage..
Looking for 10% in one month...Results out on 25th May 2022.
PETS already told the market 22p eps x conservative p/e ratio of 15 = 333p

Looks like PETS has bounced from 295p and should now continue up, todays 295p was a gift hope pi's took full advantage of it

The discount stores have always been there, it makes no difference
Would you buy a TV from John Lewis or a discount store, i would buy from John Lewis even if i had to pay more coz of their excellent service, hence PETS is the top of the range for all your pet products.

Today is another bargain day to top up or buy PETS these prices wont be around for long, even on Friday there were some big buys showing up after market closed, someone is mopping up these shares.

we will get a TR1 very soon with institution increasing their holdings

Tssz, pets are a novelty. today people can't care for themselves, with the cost of living in the coming months they be buying the pets accessories from discount stores.

while your waiting for 260p the price will increase to 360p, don't delay buy today
Financially PETS is very strong and look at the number of buys over the past week, it out numbers the sells by a mile
when the MM let it go then the SP will rocket