Member Info for lland

Similar strength in the following hour too....

I think Engadine have either taken a very big and mistaken gamble, or are under instruction and backed by a potential buyer for the PETS business. Either way it's crystal clear price manipulation.

The other shorts are well into their profit zone now, whereas Engadine were late to the table. Now would be the perfect opportunity for the others to close their positions with a good profit and give Engadine, who've only been around for two years, a very bloody nose. Good thing shorters are known for their high degree of morality and ethics in such matters.

Interesting article regarding implementation of improved process automation. Should lead to better customer experience, reduced costs and greater marketing scope. Looks like they're on track.

https://www.globalbankingandfinance.com/category/news/thomas-cook-adopts-nice-robotic-process-automation-to-improve-customer-experience-and-back-office-process-efficiency/

Today's manipulation looks like desperation to me, perhaps hoping to exploit mistaken poor sentiment from the John Lewis results this morning for a greater downward momentum, or as you say moniman trying to set the price for a possible takeover in the medium term, which at least would indicate some rationale to Engadine's position.

Either way, was a very strong start this morning, and the Shorts continue to look very exposed. I'm happy to wait this little charade out and enjoy a significant appreciation, I anticipate sooner rather than later.

Tesco to launch Jack's budget supermarket chain next week. I guess they'll be needing to lease some retail space then?

Just read an article on the BBC news website today about a couple that spent £12k on a pioneering open heart surgery procedure for their puppy. £12k. One dog. One procedure.

Someone remind me how many veterinary practices are coming on stream and maturing over the next three years with Pets at Home? This is not normal retail.

For your sake I really hope you aren't speaking after the fact and haven't shorted PETS yet. It's trading at rock bottom with the market's highly pessimistic sentiment towards the sector already priced into the SP, and with highly seasoned traders looking for their exit from short positions. The veterinary side of the business alone is a valid investment.

When this SP turns, it will not be subtle.

Totally agree with you on this, I've made similar observations at first hand in several cities over the last few months, the shopping centres and retail parks are still busy, as long as the right offer is made to customers and the demand is there for the product or service.

As has been pointed out previously, people treat their pets as members of the family and will tend to spend on them even when economising elsewhere, and PETS has done a good job of raising customer loyalty with its VIP scheme and keener pricing of products and services, as well as charitable giving and fund raising for local causes to raise community awareness and the emotional pull of its stores.

The stores are bright, clean, attractive, relevant, well stocked and staffed and competitive, unlike the players on the high street that didn't last the course.

More to the point though, certain things still can't be done over the internet, such as securing veterinary care for your beloved animal or obtaining many of the more effective veterinary medicines, and PETS offers these high margin high loyalty services and products in its stores.

Add to this the fact that PETS was trading at nearly double the current share price this time last year, has a very healthy balance sheet and is offering a very attractive dividend and I'm happy to wait this one out for a very healthy return. For a serious investor, IMHO, I can't see many better propositions out there at the moment.

It'll be costing them a fortune to maintain and grow their positions, increasingly so as the price manipulation battles reality and the positions have to take care of the large dividends, so the time limit is really down to how much they can afford to put at risk, and when the huge game of chicken they're playing becomes too much.

There may of course be another agenda here, trying to keep the price artificially low so a buyer can come along and try to purchase the company for a song, but again this can't go on forever. The results from the growing and increasingly profitable high margin veterinary side of the business alone will force a correction.

They're at it again today. As far as I'm concerned, this is bargain basement time for a good solid company with massive growth potential and a 6% return.

Two point drop in an hour down to 119p today, without events or news that I can find. I'd say this is manipulation and the last chance for the shorts to close their positions out. Expect a steady rise from here on, IMHO. I'm buying big.

Ridiculous manipulation this morning. Spiked at 134p, then the totally unwarranted slide down to 117p after very good trading update. I'd say buy now while you can, because this will go above 160p easily, once of course the shorters have come out.

Lost their monopoly on maritime safety communications.

Certainly is. Last five minutes of the trading day especially so.

I'm in full agreement with you on this one. I would have thought getting rid of the weaker companies in the portfolio to focus on the ones that can be brought to market soonest and that have the most promising outcome is precisely what we'd want from an effective CEO in this scenario. The market is currently seeing the sorting of the wheat from the chaff as weakness and so is fundamentally misunderstanding the nature of this investment. The value of this company is based on it's potential to reap the rewards of innovation and that value has now risen. As soon as the tangible results of the research appear, this will rocket.

I'm in full agreement with you. At current price it now looks cheap with limited down side. I've topped up.

Looked to be strongly supported at 144p. IMHO anything below this will attract bargain hunters, so perhaps a stable platform from here? A positive press release on some tangible progress wouldn't go amiss at this stage!

What are the expectations for this tomorrow? My take is that the market is close to having priced in the current situation, so any realistic positive projections are likely to provide a lift.

This looks cheap today, and the good results are round the corner, so I've jumped back in today. Hopefully that's not the kiss of death.

Time for a value investment?