Ash4781 Posted April 7, 2011 Share Posted April 7, 2011 Just from journalism viewpoint Carpetright have issued a profit warning again. Profits for year look to be in range around 2009 levels now so quite a drop on 2010. Well dont all pile in! Seriously though low transactions are a problem. Not sure if there are margin problems too without reading the full update. Quote Link to comment Share on other sites More sharing options...
Patfig Posted April 7, 2011 Share Posted April 7, 2011 It doesnt "matter" Quote Link to comment Share on other sites More sharing options...
Kilham Posted April 7, 2011 Share Posted April 7, 2011 I did have an appropriate pun involving shag pile but thought the moderators may not like it Quote Link to comment Share on other sites More sharing options...
The Knimbies who say No Posted April 7, 2011 Share Posted April 7, 2011 here we go again.. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted April 7, 2011 Share Posted April 7, 2011 (edited) We need a carpet scrappage scheme right now.... Edited April 7, 2011 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
Monkey Posted April 7, 2011 Share Posted April 7, 2011 let me know when the share price hits the floor i hope someone with a deep plie of cash can bail them out i hope the bank doesnt pull the rug from under their feet are they going to laminate a recovery woohoo i managed ot get some puns in before anyone else Quote Link to comment Share on other sites More sharing options...
Patfig Posted April 7, 2011 Share Posted April 7, 2011 let me know when the share price hits the floor i hope someone with a deep plie of cash can bail them out i hope the bank doesnt pull the rug from under their feet are they going to laminate a recovery woohoo i managed ot get some puns in before anyone else you did indeed before the rug is pulled from under you Quote Link to comment Share on other sites More sharing options...
tahoma Posted April 7, 2011 Share Posted April 7, 2011 There should be someone in government to savagely cut down on things like this - an Axe Minister. Oh come on, at least I'm trying. Quote Link to comment Share on other sites More sharing options...
silver surfer Posted April 7, 2011 Share Posted April 7, 2011 We need a carpet scrappage scheme right now.... Quote Link to comment Share on other sites More sharing options...
Lennon Posted April 7, 2011 Share Posted April 7, 2011 There should be someone in government to savagely cut down on things like this - an Axe Minister. The pun's are fading fast - you could say that they are Wilt on Quote Link to comment Share on other sites More sharing options...
MinceBalls Posted April 7, 2011 Share Posted April 7, 2011 Just from journalism viewpoint Carpetright have issued a profit warning again. Profits for year look to be in range around 2009 levels now so quite a drop on 2010. Well dont all pile in! Seriously though low transactions are a problem. Not sure if there are margin problems too without reading the full update. Is this the same Carpetright that extended into the premises of the defunct MFI down my way? Quote Link to comment Share on other sites More sharing options...
cica Posted April 7, 2011 Share Posted April 7, 2011 Creditors will not want to be walked all over. Quote Link to comment Share on other sites More sharing options...
fadeaway Posted April 7, 2011 Share Posted April 7, 2011 http://www.moneyweek.com/home/news-and-charts/economic-indicators/uk-house-prices/04-carpetright-shares-uk-house-price-indicator-00003 Quote Link to comment Share on other sites More sharing options...
bobthe~ Posted April 7, 2011 Share Posted April 7, 2011 Is this the same Carpetright that extended into the premises of the defunct MFI down my way? And Woolies. IIRC someone on here said that their profits don't come from carpets, but from the huge property portfolio of their premises. Can't see any problem there... Quote Link to comment Share on other sites More sharing options...
winkie Posted April 7, 2011 Share Posted April 7, 2011 ....I blame laminate flooring. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted April 7, 2011 Share Posted April 7, 2011 however the underlaying fundamentals are firm. Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted April 7, 2011 Share Posted April 7, 2011 This must be unexpected as remuneration seemed to be booming: Carpetright 2009 to 2010 Lord Harris £532,000 to £737,000 +38% Martin Harris £285,000 to £389,000 +36% Neil Page £231,000 to £436,000 +88% Christian Sollesse £315,000 to £428,000 +35% http://www.carpetright.plc.uk/sites/default/files/2010-06-28_Carpetright%20Annual%20Report%20&%20Accounts%202009-10.pdf Has someone told the shareholders about the profit warning? Or are they sipping champagne in down in the Titanic ballroom while the Captain and his staff are up on deck loading all their belongings into the lifeboats? Quote Link to comment Share on other sites More sharing options...
winkie Posted April 7, 2011 Share Posted April 7, 2011 ....no success without failure.... Quote Link to comment Share on other sites More sharing options...
The Knimbies who say No Posted April 7, 2011 Share Posted April 7, 2011 This must be unexpected as remuneration seemed to be booming: Carpetright 2009 to 2010 Lord Harris £532,000 to £737,000 +38% Martin Harris £285,000 to £389,000 +36% Neil Page £231,000 to £436,000 +88% Christian Sollesse £315,000 to £428,000 +35% http://www.carpetright.plc.uk/sites/default/files/2010-06-28_Carpetright%20Annual%20Report%20&%20Accounts%202009-10.pdf Has someone told the shareholders about the profit warning? Or are they sipping champagne in down in the Titanic ballroom while the Captain and his staff are up on deck loading all their belongings into the lifeboats? Always steer clear of boards with politicians present, even if they were not politicians when they joined the board. Disaster in the making. Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted April 7, 2011 Share Posted April 7, 2011 Carpetright Profit Warning Nothing a "buy now, pay September 2090" campaign won't fix. Quote Link to comment Share on other sites More sharing options...
winkie Posted April 7, 2011 Share Posted April 7, 2011 Nothing a "buy now, pay September 2090" campaign won't fix. ..who wants a carpet when you can't move, and you can't buy, and nobody is building...... Quote Link to comment Share on other sites More sharing options...
MrPin Posted April 7, 2011 Share Posted April 7, 2011 ??? Quote Link to comment Share on other sites More sharing options...
200p Posted April 7, 2011 Share Posted April 7, 2011 These are currently 630p a share - ripe these are fat and juicy, those shorters must be circling in after feeding off HMV. http://bigcharts.marketwatch.com/charts/big.chart?nosettings=1&symb=uk%3acpr&uf=0&type=2&size=2&sid=119728&style=320&freq=1&time=20&rand=1924332679&compidx=aaaaa%3a0&ma=1&maval=200,50&lf=1&lf2=2&lf3=0&height=444&width=579&mocktick=1 Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted April 7, 2011 Share Posted April 7, 2011 These are currently 630p a share - ripe these are fat and juicy, those shorters must be circling in after feeding off HMV. http://bigcharts.marketwatch.com/charts/big.chart?nosettings=1&symb=uk%3acpr&uf=0&type=2&size=2&sid=119728&style=320&freq=1&time=20&rand=1924332679&compidx=aaaaa%3a0&ma=1&maval=200,50&lf=1&lf2=2&lf3=0&height=444&width=579&mocktick=1 Think how many other firms will be breaking out the bubbly in the boardroom today. If they had carpetright in their share comparison group for bonuses etc. Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted April 7, 2011 Share Posted April 7, 2011 (edited) Next have a few with profit warnings in their comaprison group The comparator group of companies for the three year performance period to January 2010 was as follows: Alliance Boots Findel Kesa N Brown Burberry French Connection Kingfisher Signet Carpetright Home Retail Group Marks & Spencer Tesco Carphone Warehouse JJB Sports Morrisons W H Smith Debenhams J Sainsbury Mothercare Woolworths DSG It must have been annoying to have to take Woolworths out but every cloud has a silver lining HMV and Halfords!! For periods ending January 2011 onwards Alliance Boots has been removed from the comparator group. For periods ending January 2012 onwards ASOS, <b>HMV and Halfords </b>have been added to the comparator group and Woolworths has been removed. http://www.nextplc.co.uk/nextplc/financialinfo/reportsresults/2009/jan10/jan10-c.pdf Edited April 7, 2011 by Redhat Sly Quote Link to comment Share on other sites More sharing options...
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