Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.
  • Page:
  • 1
  • 2

homestyle to be re-rated to buy price target 170p (HME)     

gordon geko - 23 Oct 2003 22:44

today's guardian "Among the small caps, market professionals were nibbling away at Homestyle, the Rosebys and Bensons Beds retailer, after they learned In vestec Securities had put the stock back on its buy list with a prediction that a re-rating is on the cards.

Readers will recall that Investec's two retail analysts, Matthew McEachran and Mark Charnock, have successfully called the recent turn in fortunes at Mothercare, 6p higher at 309.5p, JJB Sports, 11p lower at 283.5p, and Matalan, off 0.75p at 250.25p.

Having visited a number of Homestyle stores in the past week the Investec duo believe that the sales increase referred to in the company's recent trading update can be sustained. "Based on our current forecasts, the shares could recover by 30% to 170p, while still retaining a substantial 30% discount to its peers," Mr McEachran said. Homestyle rose 3p to 132p.

sinutab - 24 Apr 2004 12:59 - 34 of 38

i buy these 2 week ago, very cheap. good prospect i

think. we may see price higher, but we have to wait.

charlielincs - 09 May 2005 21:52 - 35 of 38

watch the way of falling in this shares, nothing can stop it, today's massive sell off confirm it, I shall double my shorts again!

mayiguo - 10 May 2005 13:59 - 36 of 38

the shares are valueless now, hope people will realise it early

charlielincs - 22 May 2005 22:22 - 37 of 38

agree, far too overvalued

Recruiterrr - 23 Jun 2005 16:26 - 38 of 38

huge bear squeeze on, could go much much higher....
  • Page:
  • 1
  • 2
Register now or login to post to this thread.