Member Info for Transan

I agree with your comments - unfortunately the CEO is not a hands on retailer - the previous CEO was and it showed. Pets products are expensive and there are competitors hard on their heels. A number of the stores have poor lighting are dull and look unclean attention should be paid to the sharp end of the business rather than firing more highly paid execs who actually add little to the sales in the retail end. The new distribution is not efficient nor is the fleet being run cost effectively.

Interesting comments!! Completion is on the increase particularly from Jolleys who are opening many new stores nationally. The new distribution centre is impressive - efficient? Distribution fleet - definitely underutilised - stands for 50% of the time available. The Northampton distribution centre was a complete flop and waste of cash.

So was the bid by Northgate realistic ? Maybe they will reappear with another offer?

I wonder if Alan Noble is still alive and what he thinks of the name change - after all Northgate was his baby at inception !?

Couldn’t agree more - ridiculous name

Have been a supporter of this company since 1990’s but I think the name change is ridiculous

What does it mean or stand for nothing - better putting the energy into growth!

CRACKERS

How much does that cost? Somebody on the board is bored!? Probably because no success with the Halfords bid failure!?

Northgate??

I like you style - this is a good business - top of its game but getting involved in hiring to many people with fancy job titles - look at the new CEO’s history. The previous CEO HAD IT RIGHT.

This new CEO is not here for long. The new distribution centre! Massive investment but what happens if there’s a major incident - fire/flood/strike - no back up site. Northampton was a waste of space - wrong location, should have been Newbury M4 corridor. But hey what do I know only was in logistics for 50years plus.

Has this business been sold?

Has the delay been agreed etc as Halfords staff ap ear to think the business has been sold?

Things don’t change!!

When they first opened Stoke NDC - there was chaos - huge distribution problems - systems didn’t work - management were sacked.

When the opened Northampton DC - similar problems - management from Stoke that were sent to ensure smooth opening - failed - sacked.

So they never learn but we have new management! Without experience.

They will eventually get it running smoothly - let’s hope the floor doesn’t fail on this one.

Will the the CEO succeed? I doubt it, the company is slowly loosing its path, look at all the fancy new job titles with new managers - this is a retail business not a media bussiness.

Been a shareholder since 92/93 when it was Goode Durrant plc

I remember when the share price for Northgate was £13!?!

Good dividend£ payment? Question: the buy back shares that the company have been amassing - do they get divide not on them??

Is this a vote of no confidence in the new CEO?

Change is what’s it’s about - the current CEO is leaving having done a bloody good job - but why is he leaving? Does he think it’s peaked.
Also the director in charge of the veterinary business is also leaving and will be a hard position to fill - hence why they brought her back in the first instance.
They are also planning to move to a much larger distribution - this can be a difficult move, I also hear they are looking to outsource their trucking fleet once again having brought it in house to save buttons.
Interesting time ahead I think

Stobart trucks and livery are being replaced by the Culina livery - slowly the Stobart name will disappear

This lot will screw you

Many years ago this share was at £12/13!!