Member Info for Fulhamfc

Just what is causing this price to drop. This gs seemed to have stabilised. New CEO, CFO and a stronger retail team.

Sp took a hit again today, no doubt further falls ahead as the troubles in the middle east delay supply lines....

The vet market is very misunderstood, it cannot be compared to the NHS. Compare it against private health care. People are prepared to pay for their own health care but not their pets. The best advice is, get insurance and the right package for you. PETS are launching their own insurance in the new financial year, that will bolster profits.

I think it shows relief that sales didn't drop too much over Q3. Let's hope they can steady the ship in Q4. I might drop in again at some point.

Yes totally agree, however if you speak to them as I do they are not getting the volumes to build and grow the business, they have lowered prices but who have they told...no one...so whats the point? They never seem to be 'on it' they have lots of directors but just what are they doing? It not good the ceo going round rallying the troops if they have nothing to fight with. Just how he can visit stores and not see fir himself bewilders belife.. I really hope they have some decent figures next week or they will be a prime takeover target.

They have spent millions on a new replacement system that quite clearly is not as good as it is made out to be. They need to build sales and margin will follow. Retail is not rocket science so why make it so complicated.

I must admit that I found it amazing that they didn't know just how bad retail was performing given just how many chiefs they have. They seem to be too process/system focused rather than utilising the skills the managers have in knowing what sells and what doesn't.

I don't think so. They will probably phase a few promotion campaigns in as they have done for the past few years, just to ensure that they hit their numbers. Watch this space..

The only question is, what does she bring to the party? PETS is a unique buisness it is a specialist buisness and as such cannot be run like a supermarket. Stores cannot be run on a shoestring and they need to stock products that the customer wants and at the price they can pay. All I ever see is bags of dog food costing £50+ that is hardly enticing customers in.

This was bound to happen. Pets needed their on line facilities improving, unfortunately they took their eye of of the retail side. They have misread the retail market, customers like to see and touch products and its not all about on line. They need to concentrate on product and price, having high value foods on promotion is not the answer.

Not sure what your bleating on about. PAH is a retail buisness and lke most they have a sufficient management structure not to have to worry about visiting stores adhoc. Stores will never be tin and packet perfect other than when they are closed. The performance are not due to the stores but due to some very poor decisions made by the senior management, all they can do is open the doors and hope for the best. They are so top heavy at the HO now and everyone wants a slice of the pie nodoubt.

The major savings they are making is at grass roots. They seem to forget that customers still want to visit stores and have that personal service. It is not all about online sales. When you look at just how many 'directors' they have and chief this and chief that, they could easily dave hundreds of thousands of pounds.

The CEO's only concern is E- commerce. She see that as the future of PAH. They have lost just how important the stores are. So much of the colleagues time is now focused on online sales, pet club membership and pushing customer responses it has lost what is was good at. They have had so much taken away from them in building sales, controlling stock, managing staff schedules and just doing the right thing. The share price represents this over the past 3 years of the ceo's reign. It is not all about store visits and trying to catch the stores out. They can only do what they can with the resources they have got. I shop there regularly and have seen just how much they are pulled from pillar to post. The big question is just how much longer can they keep doi g this and just how much longer will the investors put up with a low share price, after all with the amount the buisness has spent on a new DC and IT systems, it about time we got a higher return.

There is little faith in the management team the share buy back is simply papering over the cracks. Lots of sellers due to divi being paid this week. Let's see what happens after th Q1 update. On the base of it, it will be either low or nil growth.

Pets hs be very sluggish for the past few years, they appear more interested in shareholder return rather than growing the buisness. If ever there was a better time to buy the company then it is now, although it is undervalued.

This is a cash rich buisness it has invested heavily in e-commerce and logistics. 24/25 won't be as good as previous years and they have already announced a profits warning. 3rd and 4th quarter updates are of little relevance, it will be what plans they have for 25/26. As the sp drops I will be buying. gleadyor

Bring it on, this is a resilient company. It will bounce back post 25/26. The lower it goes the more I but...gledyor

It's the least she can do. She has overseen a big downturn in this buisness. I find in these circumstances it is a hollow gesture. I give her six months at the most....

Don't know what more they can do, it feels like they have run out of ideas. Yes they need to update the e- commerce and IT systems but stores need the right stock at the right time just by piling in accross the range hih volumes does not mean you will selling. They need to give stores the ability to adjust the volumes they need. Stores are always busy so that needs exploiting . Is the new DC working to it's full potential yet. The Share buy back does not seem to have achieved much. Shareholder value will always be steady it is never going to set the world alight.

Buying the shares back is a way of protecting the buisness and the share holders. Pets is a sound buisness