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Doris and her hard wprk ethic was one of the main reasons I invested in PHNX. Absolutely devastated she's going
Ive heard on the grape vine that Doris the cleaning lady is leaving also and im expecting it to fall below a fiver , so tuesday will be a real red day and time to load up, I think the shorters have wind of this dire news and are ready to pounce on this valuable info, and wednesday there will be another shocking revelation, that the caretaker is on his way out also so be very very ready
Thanks for the explanations
Should say BS (Bull S**t) for earnings not BA (apologies)
Your are also missing the reduction in the discount factor applied to the dcf cashlow valuation
It's lower hence both earning increase and the multipler also increases so it's highly sensitive to.interest rates for 2 reasons
Robina - The investments that PHNX has largely grow on eps. All companies sell their EBITDA growth numbers which are BA for earnings, need to PAT (profit after tax) or retained earnings (same thing as PAT) without dilution ideally. As nearly all corporations live on debt the “I” in EBITDA is the interest, so if companies are very indebted like say THG their EBITDA “I” is effectively paying the banks all their profits. So point being when interest rates drop that is normally part of the banking covenants linked to loans so it effectively puts more net money to the bottom line. Markets always over perceive small changes to be more SP significant than they are but look ahead to trends so this is why I think a 0.25% BOE cut could push the SP to c.580p - Let’s see GLA (Hope this is helpful).
Come on get below a Fiver so I can load up and make another grand, cant believe this is so easy, buy under a fiver and sell over 520, its like printing money, and get a dividend, I should be thanking the shorters and mms not blasting them
There is no big increase GIG have had a short position for ages ...
Big increase in shorts doesn't look good.
Why will the PHNX sp increase if the BoE rate decreases?
If that is true given it is the CFO then let us pray it is not malpractice related in relation to accounting etc
Sounds like a pushed, rather than jumped announcement to me.
Hard to understand why this share is stuck around the £5 mark considering the 10%+ yield. The dividend looks pretty safe having paid out consistently. OH well another 6 years and my shares will be free lol
I see it as an opportunity to buy a share where we know we will get a 10% Divi yield at current pricing. Won’t be around forever at these lows especially if we get a BOE 25 basis points cut a couple of months from now.
So that news came at 7am and now the market doesnt like it at 12.30, come on people wake up and smell the frts, shorters and mms use any old tosh to make money and investers are so short sighted and follow the herd
No idea why the rather rapid departure, but the parting words seemed fairly warm.
Just load up, thats why the shorts are in play, often they know something we all dont, just play the reverse game
Sounds like ‘inappropriate behaviour’ to me that has been known about for some time and this is part of that managed exit process.
Unfortunately seen it several times before in a past life.
Any drop though is potentially an opportunity as it shouldn’t affect the business plan and Stephanie looks more than capable of stepping in!
Usual caveats
Trek
"Rakesh and Stephanie will oversee an orderly handover ahead of him formally stepping down once her regulatory approval is confirmed. Further announcements will be made in due course."
That doesn't sound too sinister to me ...usually any unruly departure is spun in term of - 'to pursue other interests' etc etc
People move on all the time but if that’s the case it’s stated as new opportunities, or early retirement, other business interests. No reason could indicate something inappropriate not financial but possibly relational. Employees get sacked senior execs get paid off! It’s how it goes.
Usual caveats
Trek
Dram - could be. Somethingstrange has happened on account of the speed of departure and use of an interim - obviously not normal retirement and unlikely ill health or a new job. Not good news imv - maybe we will learn something more tomorrow or from the press.
I wonder if this is related to last week's unusual SP movements.
AGM Tuesday 14th May
gla
Wasn’t a single trade, it was a cumulative deal which could have been in progress for weeks etc, it only gets announced when it is complete.
30m trade ? Some big boy moves afoot