Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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BLimey guys you been doing sterling work whilst I am hols must go away more often ! Good to see people take profit wherever they can too, but even though wifi a bit iffy where i aim but managing to do some trading none the less .I expect min 1.85 on my return
There's much to be said for taking profit when you can. My comments were really in response to the earlier posts re. BMY being ripe for a takeover/merger. Rather than sitting and watching the e-book revolution pass them by BMY have been very proactive in embracing the technology and have changed their business strategy accordingly. I believe this sets them apart from other traditional publishers who will struggle to survive. In short BMY is reinventing itself and will be all the stronger for it. The interims next week will tell us far more about how successful their strategy is. Either way another good day here.
I agree with the analysis but how much of this is reflected in the share price? I have sold 2/3 of my holding, if the stock goes lower at all I will reinvest. I am happy to be taking 30percent profit off the table.
Morning all. In terms of potential revenue and Bloomsbury's future direction we shouldn't overlook the academic arm of the business. Remember this division of the business has higher margins and more digital opportunities. They have already made great inroads into this market and worth noting their programme of acquisitions with Hart Publishing being the latest purchase which specialises in legal academic works. They are really pushing the electronic side of the academic division with the launch of dramaonlinelibrary.com and churchillarchive.com - both provide downloads of academic works based on a subscription. They are also actively marketing overseas to english speaking markets including the USA and India. They have been awarded the IPG Independent Publisher of the Year and Frankfurt Book Fair Academic & Professional Publisher of the Year. Not bad for a new kid on the block. The strategy is for the academic side of the business to equal or exceed all other book (print or electronic) in terms of revenue and sales. IMO - this is where the future of BMY lies and I really like the innovative way they are going about it and are already producing fantastic results. Seems like a very good strategy and rather than sit and wait for the digital revolution to pass them by they have been proactive in adapting quickly to the changing world.
Been keeping an eye on things from afar good to see BMY breaking thru. But agree 1987 their ebook division must be the carrot another few years of growth like they have had over the last few will see it taking over printed books shortly. good to see this thread coming alive now.
I have been trying to work this one out Why would a retailer of multiples want to buy a book publisher? The only reason would be for their e book division I would think? What would they do with the rest? Unless a venture capital type organisation wants them for the sum of the parts and spin the e book division off in a break up of the company? Why would a long old school type firm sell for this reason? Where not exactly talking high growth . If management were to sell why would they if it meant handcuffs ? Not exactly retirement?
What px a takeover do you think, I have been scaling out of this into strength, just sold more at 171.
Gresley what price do you think? and has the share price going up in the last two weeks mean talks are on?
Bloomsbury executive director Richard Charkin has been selected as the vice president of the International Publishers Association (IPA), and will become president in 2015.
The book business is consolidating at a rapid rate. Big publishers are desperate for scale to fight Amazon. RH and Penguin just merged. Publishers are buying each other at every level. How many independent, profitable, £100m turnover UK publishers do you think there are? Answer none I think And the Founders of the business are all now in the 60's and probably looking for an exit soon. If ever there was a takeover target this is.
Target has been increased to 190 recently and is looking achievable. LL - have a good holiday!
The city analysts have a tgt of 183. Maybe it gets close soon? Don't miss the exit point, remember...never fall in love with an investment. Always leave a little on the table for the next person.
On hols saturday where there is sketchy wifi hope I can leave you guys in control whilst I 'm away !
Only sems like yesterday I was going to sell up & leave ! Glad I stayed on board the gravy train with my new mates ! Even clicked on strong buy !
lol ask now 170. It only seems a couple of days ago we were talking about leaving 150 behind.
I think she publishes thru bloomsbery,
New books released today are numerous, I guess it's the season, maybe that's a reason. Also this rally is not attracting sellers even at new highs. I think there is a big buyer around with a limit order. I think I am going into quindell very shortly, qpp. Moni, at 51, 52 is a great technical entry point. News expected FJET.
Yes another good day here and for the markets in general.
I take that back todays activity has really picked up
Cheers 1987 will have a butchers at Fjet when my WSX comes good fingers crossed ! Always good to have some excitement in your PF ! BMY taking off again with very little activity ?
FJET is a low cost just past the start up stage regional African airline with new routes about to come on stream. Stelios is a backer. They keep raising money but a a finance line with I believe Hendersonville the money manager from part of their venture capital group. Don't take my word for it tho. I'm in and running a loss but it's for risk, high return. I also think moni is going back up from here. I stay away from gold, oil and mining and the banks.
Smap me too I tend to stick to the ones I am have traded for yonks shorting where I can ! Done quite well of late selling av high & buying lloy low & viva versa ! Stuck with LLoy though at the mo ! But looking to add another to PF must admit still get oil & mining wrong & not my fav sector ! My long term plan is to wait to LLoy hit a £1 & then take some profit & move into RBS who I believe are just a year behind LLOY & will recover more quickly now the economy is getting back on track ! If you have a crystal ball for WSX would be interested in your thoughts !
lol - made a very nice profit on PFD a while back and good to see they seem to be doing well. Am also in AV. and spend most of my time dipping in and out of shares that I have got to know really well such as SPD/BARC/IMG/WEIR/VED and KAZ although I have to say I haven't touched KAZ for a while. I have a few AIM shares that I just keep hold of and have a bit of a weakness for bios. (IMM/SCLP/HIO at the moment)
LLOY / PFD / AV/ BCY My high risk is WSX ( wessex) but I wish I didnt I was just getting cocky dealing with AIM shares ! You would have though I would have learnt my lesson by now with over 20 years of trading ! I really am top heavy with LLoy at the mo as got caught out with the yanks budget but will keep most of my holding until they hit a £1 which I am very confident with ! PFD have done a sterling job for me recently & will be off loadiing shortly & looking for something new ! Tell me more about fastjet !
You guys seem to be a little more sensible than other bulletin board commentators...what other stocks do you look at. I am tempted by quindell portfolio , moni, I own st james place, booker, thomas cook although I do trade that one. I have been in crest, Morrisons but I was too early on that on and may revisit.. My aggresive high risk is Fastjet. And a few more.