Our live Investing Matters Podcast Special which took place at the Master Investor Show discussing 'How undervalued is the UK stock market?', has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
By far the most significant thing for me was the confirmation CF would be buying shares. With the way he spells out the future there's 9nly really two options; he's telling the truth or he's lying. If he's buying shares then to me it rules out the latter so my worry is completely gone now.
I thought it was a nice touch at the end for him to suggest monthly updates.
Don’t get me wrong, I like the big marquee updates, and I do believe him, but it’s the concept of him not shying away from shareholders and holding himself absolutely accountable that I like most.
Yesterday’s presentation was music to the ears of long term holders like myself, but Cathal also said things that could provide ammo for detractors.It’s going to be a big year and I’m really looking forward to the ride…starting with whatever it is that’s stopping CF buying more.
I don’t plan on selling a bean in this very exciting company any time soon. Good luck to those that hung on yesterday and here’s to better times ahead.
I agree Schomo. Very good post.
For me far too much focus on spin offs and not enough on the core business. Gave the impression he was trying to deflect attention from the disappointing results. CF hardly spoke about the main business. Seems more interested in doing corporate finance transactions (which is his background) and picking numbers out of the air (billion for this billion for that.......)
Thought Leo was ok and was the only part of the presentation that i learned something new
Better someone just buy them out.
Jeeze, some of those questions. Surely there must be better places to ask some of those rather than members of the BoD.
Going over the presentation: The standout QUOTE of the presentation for me by CF was 'in a couple of weeks we will all be in a very very different place' - (time of presentation 50.30min)
GLA
thank you DavidHos - was out this evening so couldn't watch it live as planned, well if you needed any re-assurance CF certainly gave it.
GLA
Link to tonight’s presentation for anyone who missed it:
https://www.investormeetcompany.com/investor/meeting/final-results-2020
My biggest holding however for a final results presentation very disappointing for content and management. Almost 20 minutes intro covering old ground before getting to results. Lost count of number of times I heard in-species div would be tax free. No searching questions on accounts contents. Numerous very basic questions from people with little or no understanding of ex-dividend dates. Touted to be a billion dollar enterprise in the making and people are asking really basic questions of a CEO that they should know the answers to. IMC needs an experienced hand to compere the proceedings, keep the presenters from repeating themselves and filter out basic and repeated questions. This was a dog and pony show and a missed opportunity to present the company in the best light.