Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
It's been a disappointing session, both in terms of the share price and, also, of volume, 944.8k, not even a million.
Retail like-for-like sales up 16.5% in the 4th quarter.
That should mean more than a 16.5% rise in earnings.
Hopefully, analysts will be projecting healthy growth in underlying earnings in 20/21.
Looks very undervalued to me.
Looks as if someone was awaiting positive news in order to reduce their holding, so we will have to wait for him/her to complete their selling before the share can bounce back.
Very confused why this went down but it allowed me to buy. Inefficient market.
Results were great. Bought this morning and also LSE:HEAD
Maybe later in the session!
60p plus open
The retail sector has been challenged by covid, in 2020, with many worrying trading reports published by many household names.
This update by TPT is a shot in the arm for the whole sector.
TPT have had a strong summer trading performance with Brits spending time improving their homes.
PI's holding here should have confidence moving forward, surely this is one of the better businesses to be invested in this sector.
G
Retail trading over the fourth quarter remained strongly positive and reflected both a robust home improvement market and the strength of the Topps business model. Retail like-for-like sales grew by 16.5% in the 13 weeks to 26 September 2020.
The strong finish to the year, with the Retail like-for-like sales performance being robustly ahead of the comparative period, gives the Board confidence that the Group will generate a modest level of adjusted profit before tax(1) for the 52 weeks ended 26 September 2020.
Think tomorrow we shall be 60p plus, the results should be amazing with massive YOY on growth, hoping for good things.
Strong results expecting next week from Topps, VERY STRONG results, should be more than 25% up YOY in last few months as DIY has exploded and professionals back to work also exploded.
Having two wet rooms installed myself and both the parts guy and installers are absolutely run of their feet saying they are vastly busier than this time last year since like July time.
Plus potential take over on the cards as well, this is one not to miss out on!
Do you know what date the results are out? I'm tempted...
Nice to see TPT ticking up again.
Late trades more than doubled the day's volume, to 737.4k shares, per advfn.
The buyer's done very well to accumulate a near-20% stake for such a low average price.
Whatever his ultimate intention (investment, bid for control), he's established a very good base on which to build, should he choose to do so.
Thank you, SBridge. If you don't mind, I will share that on Addicted2shares on Fbook.
The new c. 20% shareholder MS Galleon AG (Vienna) is the investment vehicle controlled by polish entrepreneur Michal Solowow.
Solowow also owns Cersanit, one of Europe's largest manufacturers of ceramic tiles: https://www.cersanit.com/about-us/
so Topps Tiles is clearly of strategic interest to Solowow / Cersanit.
Solowow is currently attempting to buy into Topps Tiles "under the radar", presumably until he gets to 29.9% and will then have to bid a premium to take control of the rest of the company.
Linkedin provides the name of Michal Solowow: this is serious money:
https://www.forbes.com/profile/michal-solowow/
With thanks to boonkoh on a rival site:
Interesting that Ms Galleon now have almost a 20% stake (18.94%), built up over the last few months.
They look like a family office.
Chairman is a successful businessperson who owns several flooring companies in Europe and UK, including the decently large Barlinek. Guessing he has some strong convictions and insight into UK flooring market...!
The Austrian investment fund who just increased their holding from 15% to 19% certain agrees ths is going up up and away on Monday. SEE the RNS. This is a good opportunity to top up and hold for 80p soon. GL all.
Well, much as I like TPT, there is negative Free Cash Flow which is on a downward trend. More debt then.
I will reduce and come back in a few months time. Lots of redundancies on the way. More heartache.
I will stick to my opinion on this one - + Galleon obviously see value here.
That's a load of tosh, they barely supply a housebuilder of any size. If you want to cash in on a house building boom then go for Porcelanosa or Johnsons.
The transformation of Topps is gathering pace. As the Government's push for a house building blitz gathers traction they will be in a sweet spot. Profit expected for the full year & net cash on the Balance Sheet.
Three cheers for Topps & Onwards & Upwards i say ...
Trading Update
Robust like-for-like growth; modest pre-tax profits now expected for FY20; well-positioned to strengthen market position
Trading
Topps Tiles Plc (the "Group"), the UK's leading tile specialist, announces a trading update for the six week period ended 8 August 2020.
Retail trading over the first six weeks of our final quarter has been robust, with like for like retail revenues growing by 15.5% year-on-year...
from 6.42%, threshold crossed yesterday