The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma 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.
Curious to know what you guys have for the intrinsic value as and what growth factors you've applied in your valuations.
I've applied a 46% 1-5 year growth rate.
My 5-10 year rate sits at 30%
Discount factor at 10%
Terminal Value (multiple of FCF) 15
Free cash flow at 115.6m
Stock based compensation at 1.5m
Net Cash/(Net Debt) 19m
Shares outstanding 32.9m
Present Value of Future Cash Flows (Millions) 21,684
Intrinsic Value (Millions) 21,703
Intrinsic Value (per share) 660
Current Margin of Safety 83%
I have a 50% margin of safety at a price tag of 329.84, so we're talking triple current share price, and 6 times for intrinsic value.
Let me know if your opinions on this
The thing to look out for is September's Trading Update and dividend announcement.
The recent set of results doesn't include the Leviathan box set and 10th edition release (which was the biggest ever Games Workshop release) and the game is more popular than ever.
Appears the drop has started, hopefully nothing too drastic although £4.50 off the recent £118 high. Might be a while for it to creep back up. all the market seems to be dropping too
You have to hold shares before the markets open today (basically you have to buy them by 4.30pm yesterday). If you buy them at 8.00 AM (or later) today, you have bought them ex-div (excluding the dividend).
Thank you for responding. Excuse my ignorance, but is it today that you have to hold the shares on or tomorrow to acquire the dividend as I guess that is the date people would stay in until. Thank you again.
Ex-Div is today (3/8), tomorrow is the record date. There has been a small drop, but less than the value of the dividend.
Any thoughts as to whether there will be a drop off after the ex-div date tomorrow. Seems it was on an upward trend prior to its announcement. Thank you for any response.
Https://www.thisismoney.co.uk/money/markets/article-12351645
Excellent results and dividend, such a great long term hold.
GLA
There you go. "The dividend of £1.45 per share will be paid on 11 September 2023 for shareholders on the register on 4 August 2023, with an ex-dividend date of 3 August 2023."
Thanks
Dividend announcement expected before end of July.
When is the likely next Ex Div due?
Is good news built in I wonder or can we bounce on a earnings extravaganza not long to wait 🧐
"We intend to announce our 2023 Annual Report for the 52 weeks ended 28 May 2023 on 25 July 2023."
That's Tuesday.
I believe trading update Monday so people selling off on the back of the build up to that.
Why are we down
5 glorious days to earnings 👍
What day is earnings?
Feeling optimistic for all time highs earnings hopefully will blow off the doors something is brewing here momentum is certainly on our side fingers xxxxed 👍🙏🏼✅
Momentum is with us fingers xxxxed for takeoff 🏝🏝😳🙏🏼🙏🏼🙏🏼💵
Through 11 barrier, can we get to 12?
Or will it take movie news?
This should help:-
https://www.thetimes.co.uk/article/3b3cbf0c-0af9-11ee-947c-69265173b330?shareToken=fa31e24bd2d1c2abec44afaa1754e6d3
Let’s hope we don’t get a freaky Friday super week as of yet £110 would cap off a lovely week for all workshopers. 🙏🏼🙏🏼😜