Member Info for fatprofits

Except you have Not posted on BP over the last 30 days.

Funny that, eh.

What you have posted on over the last 30 days are a selection of shares that are lower,

some significantly lower than 30 days ago.

Point to just One correct call you have made in the last month.

Every share you post on appears to be lower.

You hold claim to hold £250k worth of shares in PETS, that's a complete lie.

If it's not, then sue me.

So 2008 had nothing to do with US sub prime loan defaults which rippled out and caused a global financial crisis.

At least attempt to post something sensible.

Yes, the current LAB administration has been dire to this point

and is arguably causing huge financial damage.

Are you making an assumption that a more cautious take

indicates a short position?. The two are not inextricably linked.

Likewise, an assumption that those posting in positive terms on a particular share hold a long position, is a dangerous fallacy.

Unfortunately there are some posters who enjoy others losing money and may post ..I bought X amount more at this level,

and again at this new lower level..etc, essentially encouraging others to follow.

ALWAYS check a posting history, in that way patterns are easier to see.

I can't answer your question but can say,

as long as the yield on UK gilts keeps rising

sector SP's are heading lower.

The current dramatic gilts movement is utterly toxic for this sector and the impact (unless this quickly reverses) will increasingly ripple out through the wider economy.

The market may be indicating this.

Either that or you are an utter fantasy investor who does not hold.

I expect a user name change is on the way for Land 'owner' - I've seen this so many times over the years - the muppets suddenly 'disappear'.

What you are is an utter Muppet who keeps buying as it keeps falling.

LOSERS ADD LOSERS - we know what you are.

When I mention the moderation in expectation for interest rate cuts, I mean re where consensus was 6 months ago.

* You're.

You appear overly focused on short interest in PETS,

which represents a modest % of the total share count.

There are UK retailers with no declared short positions over 0.5% (I don't have access to the data below this %) which have been savagely de-rated.

The UK economy is at a standstill, expectations are now for slower than expected interest rate falls. Macro is weighing heavily currently, if your an optimist, that may change for the better.

This is before considering the specific developments related to PETS, namely the investigation in to vetinary drug costs.

Again you might conclude it's largely already in the price.

I bit the bullet and bought a very small amount of ABF,

based on their stellar longer term record and quality of

management - by no means a recommendation just to stress,

as we have heightened uncertainty on the 2025 outlook.

On a 3-5 years basis, I hope ABF will perform well,

short term I cannot call, or even guess

It may be helpful to view this in the context of wider

UK listed retail stocks and in particular, the multiples they

currently sell on.

11-13 X very approx on forward earnings, looks around the

average atm - unless I'm misreading this.

There has been some savage multiple de-ratings, JD Sports

as just one example.

It's a shocker.

Nm

* good post, is what I was going to say.

I have a new kitten, a Chinchilla, causing mayhem atm -

hence the visit to Pets Corner.

One definite strong area I noticed is their customer service.

Some of the January updates may be ugly, this is a much wider

issue than just PETS.

Optimists may make a case this is in the price.

LWLH,

Brentford store opened 2 weeks ago, they now have multiple locations in Surrey.

My £36 spend yesterday that would have been in PETS, was spent in Pets Corner.

For anyone holding, it may be worth visiting a PETS Corner store, if in your local area..

Https://thebusinessmagazine.co.uk/companies/crawleys-pet-family-secures-hsbc-support-to-expand-in-uk-and-internationally/

Byfleet PETS now being closed I shopped at Pets Corner instead.

They appear to favour significantly smaller store sizes and I could

tell the staff have been very well trained on customer service.

The appears to be expanding rapidly around my area, are Pets Corner a threat to PETS I wonder ...?