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yes all it means is that they are at the front of the line to asset strip when the company goes under.
they have lost a lot of quality staff and replaced them with part timers who have no product knowledge.
if people can get out they are doing so as they see it as a sinking ship.
careful you are not allowed to doubt this share on here, you will be called a shorter not just a normal person who can see how the wind is blowing.
I have been saying get out of these shares for over 12 months (26p) all we get in response is hold on or even buy more.
so where are we 1 year later 10p ,well I must be wrong but I dont see how.
Its not about being a shorter just realistic.
They were happy before ,next thing company has no money, massive debts and closes 25% of the shops.
I would not trust a word these directors say.
More shops to go and to try and expand the online market ( Their prices are to high to survive on line)
yet another reasoned argument ,its amazing what they can get hamsters to do these days.
always good to have a high brow conversation
How sad are you.
If two people dont agree with you then it is some massive conspiracy to short the price.
this was a good company it is not any more
I take it all the people who have complained about the level of service and quality of product are out to short the price as well (watch dog must be part of conspiracy as well)
lets get my own conspiracy going are you perhaps a senior member of their management trying to recoup some of the 1000s you have lost on shares you purchased when they were 5 times the price
or may be you can open another account in a different name so someone else can agree with you .
I am always open for a reasoned debate but not with the milkshake throwers of this world.
just look at their facebook page complaint after complaint
say their sorry but unable to do anything about it.
buy from a local independant store who respect their customers and trade on their reputation
sounds to me that hsemajor is trying to talk up the price.
do we have a bit of a minus on our balance sheet against this share.
as for the share price never being 10p take a look at the end of april last year i think it went even lower
people dont agree on everything but i thought this was an outlet for reasonable debate and not name calling ,
Yes this is the same great team that took the share price down to 10p at one stage and nearly closed the company
same great team that paid 14 mill in order to borrow 60 mill to keep company afloat
dont you think its strange other stores are so busy you have to wait 2 weeks while carpetright can do straight away.
oh and whats the price today 24p if you have any profit in this share get out now while you can as down and down it goes
Any company that claims to reduce products by 70% on a regular basis will not not have a future in this modern world of the intelligent consumer.
If you were involved in the flooring sector you would understand that a fitter is the last person to listen to.
Go onto fitting facebook pages there are 100s looking for work due to the slow down in flooring sales.
If you shopped around and carpet right still came out on top you must have some very poor flooring retailers in your area.
The current management have no idea about the flooring sector and have managed to loose most of the loyal experienced staff that they had.
so poor leadership demoralised staff and overpriced products not the ideal combination
oh dear down and down we go
how to put a very positive spin on very little information
if sales not going up after people thought you were going to close things would be very bad
19 million cash savings should be with 25% of your estate closing . yet to filter in the loss of turn over
could go south very fast when facts and figs are released
Why would you expect a 10% increase in sales with 25% less shops ???
you were positive about this share when it was 30p now 14p
brokers have been recommending this share all the time as it has dropped to its now pitiful price.
60 million share issue you can now own the company for 40
Look at the customer face book sites 100s of people not getting their goods or their money back over the last couple of months.
I do not understand how brokers keep recommending this as a good buy
The price just keeps going down and down
12 months ago I said sell and I have yet to be proved wrong
busy fools buying business and not making any profit
Allied Carpets restructured and where are they now
as for more advertising I have worked for them and they only spend money when they are quiet
As an ex employee I can say that the people in charge of this company have no experience in flooring.
They laughed when Phil Harris left to setup another flooring company,well their not laughing now with the share price at rock bottom and Phil with over a hundred stores and counting.