The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
That's got me puzzled. it seems to defy logic to me.
Either a fair percentage of the total shares would have to find new long term owners, or the sp would be seriously depressed by a major holder exiting.
I just can't see that being advantageous to us under any circumstances.
??
Those would not be costs born by the venture arm, they'd be down to the main trading company. It's very poor reporting, being charitable perhaps they assumed that evidence of them selling would be poorly received by investors. No doubt at all that some bashers would have had a high old time on that news.
I don't foresee them trading a whole lot more. the main company are engaged in exploiting the benefits of Fruitflow in the gut health sector, the success of which should surely improve the finances and prospects of PXS. therefore, I doubt they will do more than balance the books after taking shares in payment , with the stock not belonging to the investment arm. The accounting exercise between DSMV and DSM will have to be transparent to their auditors.
I think we all agree on the lack of holdings notifications. They need their ears clipping by authorities.
The scribblers will write what they're told to, but the word coming back from the producers is that things are dire. It still hasn't dawned that we are making ourselves increasingly poorer by pursing nut job energy policies. Perhaps that's what the elites want.
My best guess is that their acreage would be difficult to finance development in the short term, maybe it could form part of PANR's long term plan when many drills have already taken place. 7-10 years perhaps, and only if considered attractive enough.
The real world has moved on since the start of the new millennium. Those high enders used to exist before the web stole their shirts. They closed up, the distributors who supplied them have also gone. Please don't get abusive about what I know, you'd be really surprised. If you think that shoppers go to TPT stores to find cheaper alternatives to some elite store, you are very much mistaken.
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.