Stockdog,

What do you think of the latest results??

I thought they were ok. Quite positive outlook from the Company!!
The retail sector seems to be improving. Like-for-like sales figures still down from '04 but then again that was going to be very difficult as 2004 was an exceptional year!
One point is that as long as nothing nasty happens in the High street, the next set of results can only look positive compared with 2005...!

The Gross margin is improving which is important + store openings are going ahead as planned so maybe 2006 will be a great year for Topps Tiles!
.....and as was hinted in the press, Topps Tiles might well become a Takeover Target within 12 months.

If that's the case, what's a reasonable Takeout price in your opinion?? 3-3.50?

Thanks for replying.

Oddie

Always works..the minute IC say Sell do the opposite it works everytime..

Target 28/33p.

What supposrts this notion?
There will be plenty of time for this to fall sub 20p- before the customers come back in sufficient numbers to repay the rental costs....etc.

Nothing but a short term bounce this week I am betting they will be bought up by a larger company sometime in the future.

Moving in the right direction .

15% up today whats a reasonable take-out price 40p I believe.

mitzy - is this yet another stinker at which you intend to throw your dosh?

Hope not cynic I'm in @20p so a profit here also Pure (in @110p) now 160p and more to come.

I 'm also buying gold stocks.. POG for one..

Plenty of stinkers about I agree.

glad you got in at 20 and not at some silly much higher price ..... POG's little burst for glory suspect due to inclusion in FTSE gold mine index

what is PURE? ...... only know that as being the name given to fresh dog shit that was collected in victorian times for use in tanning high grade skins for gloves and similar!

I'm just a bottom feeder cynic..lol.

i can only think of an inappropriare response to that!

Up today with the market.

Those Carpetright rumours still persist.

What rumours?
2517

FT comment.. Carpetright could attempt to buy Topps Tiles...

http://www.ft.com/cms/s/ebce28b8-db90-11dd-be53-000077b07658,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Febce28b8-db90-11dd-be53-000077b07658.html&_i_referer=http%3A%2F%2Fsearch.ft.com%2Fsearch%3FqueryText%3D%2Btopps%2Btiles%26x%3D18%26y%3D9

Thanks mitzy, must confess I hadn't seen that, although I would have thought Carpetright had enough problems of their own.
2517

Well I would have thought the same George but looking ahead I guess it would might make sense.

I'm out but will take a look later.

Wow thats a bad chart glad I sold out now I had a lucky escape.

A bargain 10p.

Nice to see Brokers giving BUY recos in last couple of days....

Topps Tiles PLC

FORECASTS
2009 2010

Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

KBC Peel Hunt Ltd
18-05-09 BUY 10.13 4.11 11.47 4.66

Singer Capital Markets Ltd
18-05-09 BUY 9.00 3.60 9.30 3.70 1.90