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ANALYST VIEWS: HOW SERIOUS IS CARPETRIGHT’S FALL?
KEITH BOWMAN | HARGREAVES LANSDOWN
Despite clear exposure to an eventual recovery, fears for a ‘double dip’ in the housing market continue to dominate, with the current market consensus opinion denoting an out and out ‘sell’.
MATTHEW MCEACHRAN | SINGER CAPITAL MARKETS
Typically October is a key month for the group as consumers look to replace carpets ahead of the Christmas period but low consumer confidence and mortgage approvals have hit trade.
JOHNATHAN PRITCHARD | ORIEL SECURITIES
High operational gearing will have a dramatic effect on forecasts if mortgage data continues to be negative, and the multiple offers no protection.