Member Info for Jal74

From only 60% of premium inventory allocation this year thus far. $2.8 million in the last 10 days alone!!! Hope 8.vip is still to come!

Yes, crazy valuation indeed. CVSG were 70p in 2010. Low free float, good dividend stream and generating good cash. You can perhaps see why I feel PETS is hugely undervalued!

.......is that CVSG - another UK based veterinary group now has a higher MCAP than PETS. Not suggesting that CVSG is overvalued.......I'm saying that PETS is grossly undervalued!!

Not sure about 'top troll' but I can certainly think of something that rhymes with that.

If you genuinely believe all that you've written then more fool you for continuing to hold. Why don't you sell the rest of your holding now and be done with it? Alternatively, sell now and buy back in if you're so confident the price will fall.

Pet Grooming operation is company owned. The veterinary businesses are mainly joint ventures and highly income generative for the group. Mr Davis would have exited the business back in 2013 so not sure what your point is there. Nick Wood was the outgoing CEO who, during his short tenure, acquired the Vets4Pets business and got the company through a successful IPO. Current CEO was long standing Group Finance director so knows the business inside out. The business is sound. The market is fickle. Have a look at CVSG. Over £620m market capital - predominantly veterinary and associated services. No retail element really. Not saying it's overvalued but do believe PETS is seriously undervalued. PETS needs to get on and invest in complimentary businesses to allow its 400+ veterinary surgeries to fuel further growth - one example being specialist referral!!

*isn't

Doubtful they are all sells. With a 7%+ spread its easy for the computer to ascertain a buy / sell purely on the mid-point price. I suspect more horse-trading going on.

Sound move is that. Mars are no strangers to the Pet Food and Pet Services market place so this proposed acquisition comes as no surprise. Whilst confectionary is their core, the challenges this market presents (sugar tax etc) has perhaps been the driver for this move. Pet Services (veterinary, grooming etc), in particular, is a pretty recession resilient business. Still no major 'global player' exist at present. Now if Mars were to look at The PAH Group that truely would give them a global presence. Nestle are also active in the Pet Retailing space (Purina pet food) so who knows......maybe they'll follow Mars' lead and be on the hunt for an acquisition target in the same space. Bring it on!!

The market is fickle at best. No logic for the drop if profit forecasts are on track, dividends are approving and the company remains in growth mode.......all confirmed in the RNS. Nice to see the 'services' side of the Group (veterinary & grooming) growing as that's where I see significant growth potential. Surplus cash resulting from less investment in stores could well be used to pay greater dividends or an exceptional dividend. For me, the dividend rate of late is attractive enough so I would prefer the Group use its cash to acquire complimentary businesses to its core retail offering.

Solid set of interims and a 25% increase in dividend from 2p to 2.5p. Good stuff!

Many thanks for clarifying Jeddicat. Appreciated

Whilst uncertainty created by Brexit is undoubtedly impacting on the share price here, I believe PETS may well be on the radar of international players in the pet retailing and services space. With the weak sterling rate, it would be a great opportunity for a player out there to achieve a global presence by acquiring the group. Maybe the appointment of a joint broker would suggest there is interest out there. In my honest opinion

Can anyone recall the trigger date the NASDAQ listing? Is it 180 days from some point in July 16?

Read the article this afternoon. Very encouraging indeed, and I eagerly await VRPs progression of RPL554 into Phase 2 clincal trials. I'm sure many of the big Pharma companies are keeping a watchful eye also!

That being the case, why would JAK have purchased 600k shares recently at 3.25p? Likewise getting the most recent placing away easily at 2.8p...............surely not for a potential upside of 3.1p!!!!

Hello

Nice to see a bullish broker rating from HSBC following yesterday's Pets at Home Capital Markets event. excellent stuff.

They get significantly more than just rent from the vets business that trade within their stores! The Pets at Home Vet Group also operate in independent locations nationwide (Vets4Pets). Pets at Home make significant revenue streams from it's vets business in the form of management fees. With over 350 vet practices within the PAH Group (the vast majority of which are still in their infancy) the scope for revenue generation is truly huge. To get an idea of how significant the vet business is for PAH, look at ticker CVSG and how that vet group has performed over the last 5 years. Circa 900% uplift from 2010 lows. Look at the RNS news for CVSG and note the institutions buying stock at £5 / £6+. I see significant growth to come from PAH - who knows £4 per share may come around quicker than you I think.

Many thanks Rook and all other posters who responded. Much appreciated.