Member Info for NickRubens

The enthusiasm for this company is about as much as is for the uk economy as a whole and that isn't very optimistic either, or perhaps more like a feeling of dread ahead, seeing what's happening to the public finances and impending tax grab to continually plug serious problems rather than fix them.

It's down a touch today, because I started buying yesterday. Will take another batch at just under 100p if it goes there. The cladding provision is a one off, so profitability will ok (barring any other unforeseen shocks) in the years ahead. It's a SIPP investment in case I live to old age.

What else is there on the market except to not buy/hold anything at all, of which I could make a case for that such is the dire state of the UK financially.

I've been close to selling a few, but might as well ride the trend as Sainsbury's have clearly been gaining mkt share and I think at the expense of ASDA where I don't shop at all anymore myself. I think ASDA have lost there prior great prices reputation. Certainly have with me. I shop more at Sainsbury's now than ever before and it's the clever nectar app that did it.

Yes typical of when I buy a few of something, Will review at the Interims. Pretty hefty fall today though.

Not seen 300p for a while. Clearly the market is pricing in an improved performance from Sainsbury's for this financial year. I think a bit of inflation will help as NI and wage rises have to be mitigated and all the supermarkets and businesses hit with this jobs tax will move prices to compensate.

Recent shareholder RG adding further. Added a few recently to average down and just hope for the best now.

Same here DelbertG , can't believe i'm being offered 2p, but may as well stay the course, been here maybe a decade already!

Yes some larger buys on this pullback. Now gone blue it seems. I was buying yesterday, a bit early as always. Hoping it won't dip again as paper losses are a bit off putting. New shareholder RG has made this more of a longer term hold now for me.

I listened to it too, and didn't find anything too worrying at this time to warrant such a huge SP decline. Shares recovering since then.

Of course we will know more at the next trading update or finals in October 2025.

I expect the shares to climb the wall of worry ahead of either of the above, so holding my 54p purchases, just wish I caught them earlier on the recent fall to 45-47p intraday I think, if I recall the days events correctly.

Chumba "Lesson. Do not attempt to catch a falling knife. Let the sp drop, then watch it drop again and again/"

Is that not a hindsight lesson though, having not caught the knife at the right time? I'm always buying falling knives as I find it difficult to buy stock that has moved 50% plus up from a prior knife fall.

I've tried many times myself with B&M and always seem to achieve just a refund, which is great as I have some hefty paper and real losses to remind me why money back is not too bad!

If we get a hint of progress with LFL sales turning upwards at the upcoming statement , then I'm confident this will move up significantly, though the market might price that in advance as an expectation or merely a hope.

I'm going to risk making a profit here this time. So holding on for July 15th.

In two days time. If they hold the final dividend at the full year results and presumably with a good forward looking statement, then this price will look a real bargain. Hard to see into the future though.

LD1973 Technically you'll have less shares (numerically) but still own exactly the same proportion or the company as you had before.

a 3% holder will still own 3% before and after. It will just prevent a distorted share price drop after the x spec dividend date.

Cheers for the update Rivaldo, I'm still holding some of these.

Surprised how quiet it is here considering full year guidance is expected to be met, dividend held, new interesting shareholder taking a big stake and the SP seemingly recovering towards the full year results, pending any trading statements in between.

Of course there is still risk post the current financial year, but I think the shares will climb the wall of worry on full year expectations being met and potentially exceeded with a bit of luck. It was trading around 120p when these details were known already. I can't recall anything changing since then?

I've been adding this morning. RG increases. LIontrust likely under pressure with AUM decline due to poor performing funds. Not a good time for them to be selling parts of their portfolio's. Time will tell if I'm going to be rewarded.

Wish I'd been buying at the 65p area but didn't start till the 80's, having done a little day trades prior but now I expect to be firmly long.

I never really feel I've bought any stock correctly and yet I surprise myself on many occasions.

I always wondered if the Grand Old Duke of York was really subtly about the Stock markets or any kinds of asset bubbles in history.

Unless one is a day trader of which I'm terrible at, then the march down is potentially a buy opportunity to increase ones holding, depending on one's time scale/strategy.

'Recovery Mode' Yes, It all looked indecisive yesterday with the up and down shuffle in the SP and now it 'seems' it might be starting on a modest rerate to reflect a full year outcome forecast which is pretty good.

Looks good value at these levels. At least there were no new shocks in the results and full year guidance is expected to be met, so should be a stable mkt cap for a while and then any hint of growth resuming and it will take off I would expect. New shareholder RG looks interesting too.

LWHL Well I've dropped myself in this B&M trap once again, having tried a couple of times before and only just managed a break even, it looks like a third time of pain for me. Anyway, a dividend is coming and I also expect further special dividends though what we really need is the strategy details of how the new boss can improve the UK stores. The stores abroad are doing ok.

A few Poundland's closing will help and our new Town centre B&M store is always packed unlike the out of town business park version.

The market has a habit of turning on a whim, just look at the ftse 100 bull run after the trump tariff crash. extraordinary. If you sold in May then you missed a continued bull run. so far.

A big move up today but still beaten down from what I thought were bargain levels just months ago at 120p range.