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Topps Tiles – trading update, consumer confidence & spending caution?

Published 76 days ago

A trading statement from Topps Tiles (TPT) includes “our strategy of ‘out specialising the specialists’ continues to serve us well” and “we continue to make good progress with our plans for commercial and our strategy of ‘disrupt and construct’ is proving successful”. However, a sub 65p share price compares to more than 90p in early 2018…

Topps Tiles – ‘continue to make good progress with our core strategy’, so why continuing share price decline?

Published 264 days ago

Shares in Topps Tiles (TPT) are currently further lower following a recent Q3 trading update – despite it arguing it continues “to make good progress with our core strategy of ‘Out-Specialising the Specialists’ to extend our market leading position in the UK tile market”. Hmmm…

Topps Tiles – after Q1 “an encouraging start”, what about Q2?

Published 356 days ago

In January Topps Tiles (TPT) stated “an encouraging start to the new financial year with like-for-like sales in Q1 up by 3.4%”. Today a further Trading Update

Tom Winnifrith Bearcast: some of my fellow shareholders in Falanx are the dumbest morons on earth

Published 538 days ago

Truly some of my fellow shareholders in Falanx (FLX) are some of the dumbest folks on earth. I refer you to yesterday's bonus bearcast which will be a theme for the next 18 months. It relates to Topps Tiles (TPT) where the bad news is largely priced in. But I think I have a £1billion stock that it could take to zero. I discuss Xtract Resources (XTR) and follow up analysis to this article on 88 Energy (88E) post a company chat.

Topps Tiles profits warning - do not be tempted to bottom fish

Published 538 days ago

On the surface of it, the retailer Topps Tiles (TPT) looks cheap. Even after today's trading statement the shares, at 73p offer trade on a PE of just 10 for the year ended 30 September 2017. But do not bottom fish. Here's why.

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