Member Info for Mister_Short

Heron should be sold as it's up against Aldi, Lidl, Iceland etc...

I've been looking at the results and the debt is huge, not for widows

It seems to have found a base at the 155-160p mark, having been here twice recently.

They are quite a few unknowns at the moment, buy backs should be last on the list the decline in margins being a worry. maybe it's found a base at 155-160 here, but the concern would be how much rise can I get out a risk here. i need to see positive reversal first

I agree, I would like to see B&M reduce debt, improve margins and grow revenue.

He's on ADVFN posting garbage as well

163 when? Today (168), next week or 3 months time?

If you are a tax payer, yes, as you will be funding more benefit increases. No idea how Reeves will punish businesses this time, but I am sure she will find the ways to destroy investment in the UK

Possibly just the investment costs to roll it out to the hundred of stores

If you have used Lidl or Aldi self-service it's brilliant and makes shopping a more enjoyable experience as I can pay and go!

It's nothing like Poundland, who are selling stuff at the lower end of the scale in towns. B&M have a vast amount of products that start from 20p to over £100 and are on big retail parks where you can fill your trolley and take it back to the car.

I added yesterday at 157p, ex-dividend tomorrow and I feel this has been oversold now. I do think this has a long way to go, as they need to stop the profit warnings and get back to growth. The problem the last management who seemed asleep at the wheel towards the end of their time.

That's what everyone thought the other week and piled in. This has serious damaged B&M rep.

Trotsky is spot, unless you were holding before today this is a bit of a gamble and you've made an nice 15%. The profits dont cover the dividend and the management is wasting time sat on their hands with the cash being eaten away.

Some good coverage - https://pressgazette.co.uk/media_business/ladbible-owner-says-revenue-will-grow-by-10-this-year/

LBG Media saw a 13% revenue increase and 165% profit rise.

The company is confident in 10% revenue growth despite challenges.

165% profit rise!!!!

I am surprised this did not open much lower, as I am not impressed. The product has a high margin, but poor sales.

That's fair enough, we all have our own strategy.

Hi Matthew

Did you managed to buy some before the rise?

Reference a gem, my own words for my feelings on this one. It has cash for buying and expanding. The cash conversion rate is excellent as well. I am hoping for 120p and beyond

Run up to results on the 24th June, which I am confident will be positive and bring attention to this gem of a company.