There continues to be a seller in the wings at present. Over the last couple of weeks someone has been offloading a good number of shares, often at less than the sell price at that time which probably indicates their intentions to raise value from their holding at any price.
I wonder what impact Courts going into administration will have on the company. I visited the Wolverhampton branch yesterday looking for a bargain which was very busy with customers buying many of their heavily discounted suites that were on public sale. Although, the majority of Courts stores will be shut down in January so such an impact would only probably be short-term.
Also this time of year is notorius for the price competition of the big players such as DFS, SCS etc of which C&H is not a supplier. January is the key month for C&H and IMO the first profit warning from earlier in the month may not be the last.