Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Who are these mythical high end retailers?
In the majority of town and cities, they simply don't exist. TPT are in direct competition with the DIY majors, in general they are cheaper, online cheaper still, independent tile specialists, competitive because they source direct from factories and move the stock less than TPT. In addition to the major online folks you listed, there are numerous others, it's so cheap to have an online presence. One of them offers direct from the factory pricing, bordering illegality but who polices the online space? No, I'm not naive in any way, the industry is harsh and demanding, as are the customers. It's widely recognised that UK isn't as prosperous as it was, so I believe more changes will follow
Fully agree that this would be the ideal scenario, but unfortunately our mushroom status leaves us guessing rather than informed in our speculations. I really can't see why, I think there is excessive secrecy at this stage of the company's history.
Only a personal opinion.
You're displaying a bit of naivety, I wonder if you've actually been in their stores. No piling high, and most certainly no selling cheap. Their prices are higher than a giraffe's tush.
Slick presentation and ultra pushy sales staff is their style, but competitive they aint.
You do try ever so hard don't you.
Take their branch in a well to do midlands town as an example. Downsized twice, then closed. In an area with higher than average property values and with affluent residents.
Doesn't quite chime with your rosy outlook does it ?
Maybe classic shops will win the battle for shoppers. If so, happy days. Can't see it myself though.
As far as the consumer was aware, TG didn't collapse, but they are indicative of the difficulty bricks and mortar retail faces. .
Costs aren' decreasing, only one way they'll go. Online sets the price expectation, and is hard to counter IMHO
Cost of a couple of warehouses compared to more than 300 stores?
Rents, rates, heat and light, staffing, insurance, servicing and merchandising.
Certainly there is no dispute that TPT is by far the biggest when it comes to cost of sales. Market leader.
Gobsmacked.
Are you really not aware of the online giants, their turnover and market share?
As for discounting, that's what they do, seriously aggressively, as do lots of warehouse/showroom outfits. Weakness of the whole industry, massive amount of factories/brands/selling agents, all looking for a slice of the UK action. TPT can't control that, but there are groups big and strong enough to do what the Polish outfit attempted, acquire the company, strip out the deadwood, and major on their own group offerings.
Only time will tell
Don't tell me I don't know the economics of the industry, you simply don't have a clue how much I know. Enough to have witnessed multiple failed businesses in the sector, this year alone has seen many, with others cr4eaking along on the brink.
You haven't factored in the impact of 14 interest rises in a row, after such a long period of virtually zero bas rates. Household are witnessing a costs shock unlike any in more than a generation, meanwhile they witness the tax take ever rising to pay the benefits bill.
The weakness of having to fund more than 300 piles of bricks and mortar should not be glossed over. Will the good times return when the next government increase spending with money they don't have? I know what I think, but then you know better of course.
Caveat emptor.
More funds outflowing, less funds inflowing.
Caution required.
As online continues to bite big chunks out of the market, being "well placed for a recovery" relies solely on being there at all for a recovery. Confidence in property buying is very low. Nobody like the direction the government is taking the country, and they're already terrified by what the next government will do.
A glum outlook IMHO
Surely the small amount they have stated is only the beginning of a long, tedious, and very expensive route to monetising their find. No expert has declared it commercial at this stage. Holders here are more than aware just how long it all takes, and what uncertainties lay ahead. It's only a qualified well done from me.
Thinking back, there has been a regular pattern of usually 500,00 shares hitting us each time a slight upturn happened.
Now, if we had also been notified that DSMV was the source of those sells, what would that have done to morale and the sp ?Has ignorance been bliss?
Is there any evidence of DSMV "drip feeding shares " ?
Aren't they more of a long term position type of fund?
After all, their trading company are embarking on a whole new journey with Fruitflow as a gut biome enhancer, a a sector of vast potential.