taken off like a rocket today any idea why ???

been with this for last 9 months and been with rosebys B4 cannot see it falling below 130p and can see many people getting out @ 160p+

good recovery play sorts Harveys out will run if split it up then rosbys worth
as much as combined group see little downside also expect dividend also watch the cash generation as refurb stores so capex will be down and will pay back the debt

medium term if get some of these things right worth more than 200p IMHO

Interims due b4 end of jan so could also see price go up pre results
so 120p - 130p safe level

thanks gg,

I will do some more research but may well open a position soon. If you hear any more re: Rosebys please post it.

would be interested to see you findings posted here

GG,

Done some initial research but am waiting for a set of last years accounts. Initially quite bullish looking at P&L and Balance Sheet summaries but want to look in more detail. The main thing i am struggling to quantify is the potential effect of the ongoing dispute with HMCE over the VAT issues. Do you have any info on the likely out-turn of this as I feel it has a huge bearing on the future value of this share (especially in the short-term).

the vat issue is circa ?15m which has been provided for but cannot see this being sorted out soon as contesting it also HMCE widened the net over other reatilers and this will delay further

nice rise today not sure why though ? one of those shares which can rise
or fall quite a lot on the quiet ....

with 8p rise yesterday and 3p rise so far today heading toward the 145p
break point toward 160p could break this years high if maintains momentum toward results which are due out in January

Fundamentalist did you get in ? as 130p we talked about already passed ...

Bought a small holding at 129ish monday morning, would have bought more if I felt fully comfortable about the vat issue. in the last co announcement, the comment that concerned me was "we'll let you know more once we know more", still they've started going up, lets hope it lasts!!!

results due 17/12 rang them today to confirm this date set in stone