Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone 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.
Started: Xkat, Today 17:18
Last post: Xkat, Today 20:15
Hope things stabilize soon. Debt can be intermediate term issue though.
Lol German acquisition was a good deal and is performing well. It's the core business which is struggling in the current environment. Still a solid company and plenty of growth ahead in the coming years, just going through a rough patch just now and IMO a buy below 600
🤡
Whatever they bought in Germany, did they not do enough due diligence? Almost appears like Hewlett Packard's purchase of Autonomy.
Very easy to get into debt trouble now. Equity raise needed soon.
Started: helloDave, Today 19:20
Last post: helloDave, Today 19:20
At this price I would expect a takeover to happen fast, could see an Ad-Tech or AI company snap them up to integrate.
Another £1m purchase just reported 3 minutes after the first one !
15:49:31 464.00 298,256 £1m
Well spotted ! Fair price difference there .
Someone is covering ;)
This chunky buy has just gone through:
15:46:02 464.00 298,256 £1m
67 v 45 atm
Heavily weighted now on the bid,
More want to buy than sell currently
Started: Melab, Today 14:11
Last post: squadraazzura, Today 15:00
An excellent business with some defensive qualities as market reasearch is needed in any economic condition.
Could be taken over too.
Good luck. Time your buys. I am fairly confident this goes back up but it has to bottom out before that happens. Just make sure you have bullets left if the price keeps dropping.
Well bought some more , not at best dip price but at 4.29 , prepared to wait so it's all good , seems to be doing what easy jet did, dip and keep on dipping
Outdated model
Institutions are risk-averse. They play it safe. That is how they make average returns. Most that are selling now will be buying at a much higher price in within the next 2/3 years. Us PIs can take a haircut if we believe the price will rebound- they can't. My average is 473. Next but if it drops that far is 380s. A institution will never do that. Just see it as them giving PIs a good entry by selling.
Some mindless institution must be selling. I look forward to reading the TR1's.
I'll look to buy more but I will be waiting till this finds a level it can hold
What a poor day and no end to this drop
Back into freefall
Started: Grimes, Today 12:11
Last post: BeardedDragon, Today 13:14
So Grimes, why on earth will this climb up to 700p by the year end? What is the reasoning behind such a ramping statement other than simply wishful thinking?
No idea how far this thing falls. However, as with several other UK listings in the past 12 months this dropped heavy. Next week or so it will drop and then stagnate. Then it will slowly start climbing. People won't notice it until it is over 700. Other thing that stops this is if there is more bad news in the next few months.
Few decent sized purchases started to come in now...
The 11.24 2500 @ 11.03k was mine
Clearly a distressed seller... when they're done, this will motor forwards
For sure
I bought 626 shares at 11:07 and LSE showing the trade as a sell
The obvious free trade site trades there are quite a few buys being displayed as sells on this site
Started: unhooked, Today 10:37
Last post: Firwood, Today 11:24
Wasn’t that just the UT bud ?
440 was the low Thursday close.
...Ahem, tested and broke through last week's low...
I am surprised that the sp is close to testing last week's low. Is there an element of those apparently bullish broker's forecasts playing catch-up and being subject to revision?
Started: katstrangler, Today 08:29
Last post: JonnyGee, Today 10:07
@Bridgedog: Yes, seems about right - the broker forecasts are gradually coming down, though clearly not finished. Even with current latest forecasts, their '26 p/e comes down to 10.7x which compares with IPSOS' 10.7x, which makes sense now the digital growth sheen has been blown up. Unfortunately puts me around 20% underwater at the current price, but will probably hold in case there is some recovery/ improvement in the coming quarters.
Blue sea lets see if we can crack 480 this morning
Nice £500,000 trade suggests someones buying either way!
“With CPS set to contribute materially going into the July 2025 year, forecasts had been for net profit of £39 million, rising to over £55 million and earnings per share towards 50p. Writing that down to nearer 30p derives a PE multiple of 15x which feels about right given the uncertainties – around the off-chance of another equity-raise becoming necessary, for example.”
Fingers crossed. I am not selling eitherway.
Last post: Gordonbennett1, Today 02:02
Thanks Dave! I imagine 6 will be a settling point. Fair value is mid 9’s, market done it’s worst it’s going to recover somewhat now, maybe not right back to 8 but in time yes
Trading at 62.1% below our estimate of its fair value
Earnings are forecast to grow 29.17% per year
Last post: helloDave, 23 Jun 2024 11:08
Keep in mind that YouGov acquired KnowledgeHound this year, so the cost of that would have had a material affect on costs, however that engine will now be revenue making.
Well with the current upgrade/downgrades anything sub7 is a solid buy. The drop has been way overcooked.
It took out a massive amount of stop losses and will now fuel a bonanza back into the rise.
Current average is £6.33 but it was c.£8.50 before the drop! I have a lot more than Id like to but needed to average down and my initial holding was rather large (as the research had suggested the £8.50 it was sitting at previously was a bargain).
I would imagine there a lot of people like me who bought in the £8s and still holding. When I looked to sell when it opened after RNS best I could get was £5.50 which was too much to stomach so I loaded up instead.
Cheers for sharing Gordon, Dave and Melab, always interesting to see.
Like you say Gordon, with the new faces hopefully comes the new money.
Nice average Melab, to be honest it's not normally a company I would have bought into really, but after some research and looking at its value now compared to a historical basis, it looks like a great long term opportunity IMO
Bought first thing Friday morning, quickest I could get them was 4.56 but later in the day it dropped a little and managed to double my holding this time at 4.50
Not a company I would have looked at tbh but since the price crash I done some limited research and i like what I see , Just hope it doesnt go like easy jet which is down in the dumps a long time after the drop
Last post: Barno61, 23 Jun 2024 08:49
On Friday, Deutsche Bank revised its price target for YouGov PLC (YOU:LN) shares, a global research and data analytics group, reducing it to GBP10.00 from the previous GBP13.75. Despite the downward adjustment, the firm has maintained a "Buy" rating on the stock.
An analyst from Berenberg maintained YouGov plc (LON: YOU) at 'buy' with a price target of £12.00 from a prior price target of £13.50.
Prior to this rating, YouGov plc had 5 buy ratings, 1 hold ratings, and 0 sell ratings.
Weird how HSBC have downgraded yougov so far. Seems way too much?
HSBC analysts downgraded YouGov PLC (LN) from Buy to Reduce with a price target of GBP3.70 (from GBP11.65).
Started: katstrangler, 22 Jun 2024 11:52
Last post: helloDave, 22 Jun 2024 12:45
Looking at trading it appears that only about 10% of the company was traded, so the bulk of holders have stayed in.
secondly to that, for any big sell there is a big buy, so appears that shares are being rotated rather than just dumped into the market.
thirdly, the share price dropped on open to 480 and has settled at Friday closing around 467, so it appears the major shake was one movement and hit a stable bottom and consolidated very quickly.
Fair value for the share based on profit, market embedment with key contracts, and brand is around £1.15 billion, so ££9.92 a share
Lots of upside from here :)
Looking at trading it appears that only about 10% of the company was traded, so the bulk of holders have stayed in.
secondly to that, for any big sell there is a big buy, so appears that shares are being rotated rather than just dumped into the market.
thirdly, the share price dropped on open to 480 and has settled at Friday closing around 467, so it appears the major shake was one movement and hit a stable bottom and consolidated very quickly.
Fair value for the share based on profit, market embedment with key contracts, and brand is around £1.15 billion, so £$9.92 a share
Lots of upside from here :)
Feels like some big ii decided to just get out and trashed the sp with a sell off 444 for the whole of the day. now have hopes for 500 next week... as long as it's not some annoying trap!
there must at least some TR1s and, hopefully, BoD buys over the coming days.
Started: helloDave, 21 Jun 2024 18:36
Last post: helloDave, 21 Jun 2024 18:43
Actually, this would be a good takeover by WPP.
wrap them in to remove competition and gain market.
I think the best outcome now is a takeover bid for £8 a share by an AI firm that can fast track roll out optimised systems.
Yougov has the brand, client base, market integration, and database that an AI company would dream of getting their hands in and using.
in the new competitive AI world, have revenue streams and a client base build would help them to scale to integrate for long term dominance.
Started: JPMustang, 21 Jun 2024 18:16
Last post: jgjam, 21 Jun 2024 18:37
JP Mustang I do hope you’re right 🙏. Been royally shafted
After doing some more homework last night and this morning I opened a long position. Last night, while reading about the company I got the impression there was a lot of risk and that this dip could be permanent.
I chatted with some product and marketing ex-colleagues and they only had praise for YouGov. A profitable company, with customers that like their product is an excellent starting point.
I'm still unsure about why the profit warning was so late in the financial year and the skim explanation around it. My hypothesis is that the merge earlier in the year somehow delayed making the announcement. I can see this going up to ~£6 at the end of July and getting close to £8 on the 15th of Oct when the full year announcement is made.
Started: SJN1, 21 Jun 2024 16:04
Last post: jgjam, 21 Jun 2024 17:56
E-AL Cheers let’s hope. Yesterday must have caught a lot of people out badly. Hopefully it can get back to £7 by Autumn. Need to get past July 31 First. Let’s hope Oct 31st isn’t a horror story. Have a nice wk end.
Jgjam, GLG has reduced their RS short position from 0.9 to 0.71 as for JP Morgan , they opened their 0.56 % position yesterday which likely contributed to yesterday’s massive drop in share price.
Yesterday was the highest daily volume YOUGOV ever witnessed since its listing (20x daily average volume) . Today we only had around 3x the daily volume so the selling pressure has dropped.
We had a strong finish instead of further drop (3 days rule) so I think we’ll see more share price recovery next week
By your own figures you made £11.28 . Was that before or after dealing costs.
Yes, as soon as you answer my question. Did you or did you not post negative comments on HARL after you sold out that outnumbered you previous pots. Simple enough for you. Sold out for a 1.2 % profit, unbelievable and pathetic.
And your rage and emotions blind you, rendering you incapable of basic comprehension skills, when you have got yourself into a tizzy.
My stop loss was not needed. It was in place in case the SP dropped below 440p. Which it did not. So I was able to sell for a bit more than the price I bought in.
Via the old fashioned method of pressing the sell button.
The price is now higher than my sell price. I am happy for existing holders here. I wish them the best of success.
I cannot make my sentences any simpler for you, so if this still leaves you confused, then I am sorry for that.
And in all seriousness, stop with the dramatics. It really cannot be good for your mental health, apart from anything else.
I will leave you to have the last word. I know you need it more than I do.
And then you can stop spoiling this chat board for the holders here.
Started: E_AL, 21 Jun 2024 10:02
Last post: BearleyCalls, 21 Jun 2024 16:28
"Already sold" So you are saying that you are not a shareholder of YOU and you are Already posting negative comments after you sold ?.
I notice LWHL that although you posted half a page rambling on, you didnt answer my question about HARL. I stated that you posted more posts after you left then you did when you purported to be a shareholder. Is that a lie. Ohh yes , when are you pretending to have bought in here, as you mentioned it.
For someone who wastes so much time scanning through the posting history of people who you take against, and on the basis you no doubt went over every post I made from my first to my last HARL post, let us settle for you being mistaken on that claim, because my bullish posts comfortably outweigh my bearish posts in that name.
Not that it matters, because, as you seem to struggle to grasp, these chat boards are for sharing ideas and opinions, be they positive or negative. And only fools remain bullish, or bearish, on any equity, irrespective of events or circumstances.
And I bought a few hundred shares here (first time holder, in answer to your question), just to keep my word about not posting here otherwise.
Already sold (and had a stop loss in place in case it bit me), but it was worth it for the principle of the matter. So, a 1.2% profit, (buttons) but the real reward is in being able to reply to your nonsense.
Anyway, good luck to holders here. I hope you make some great profits and have good weekends.
In recovery mode now, big close.
Still on for my £5 target today.
Started: bro-ken-broker, 21 Jun 2024 16:16
Last post: bro-ken-broker, 21 Jun 2024 16:16
Topped up.....
Not too many missed out playing the ‘3 day rule’
I use it myself sometimes but this company is a different animal to most
Started: katstrangler, 21 Jun 2024 13:34
Last post: katstrangler, 21 Jun 2024 13:34
Won't help you for today but will give you an idea for monday.
gla.
Would have expected them to close their position
Drifting back to the close price £4.40, what you reckon start buying here again?
Started: Barno61, 21 Jun 2024 08:58
Last post: squadraazzura, 21 Jun 2024 13:03
This is the type of stock that can make very sharp moves up or down due to their low number of issued shares - Just over 115 million. So any future news on AI progress for instance or any other improvement will take the SP up by increments of £1. So IMO the recovery could be very fast as soon as things start to improve - thus why one has to take a position right now for any long termer.
Dont disagree with you @theAccountant regarding the likely direction of price action over the coming weeks/ months and its a tough call. The nature/ trigger of the AAL/ WOSG drops was rather company specific so not necessarily comparable per se. That being said, the sheer scale of YOU management having got it so wrong at the end of March and the amount of egg on their face just two months on raises serious questions about them and the market is frankly in the dark about the direction of travel of their core (ex Gfk) sales, except that theyre headed down. H1 research and data sales were down ~2% YoY, but my (and the market's) read from their positive comments about Q2 orders was that they were turning the corner. That has clearly not materialised, so what we get is the trifecta from hell (a) a company with declining revenues for the first time in its history, which means (b) they miss their numbers and all projections can be scrapped and (c) their previously high flying growth multiples are also going to be history. Add to that that, the management has blown any credibility with investors by having portrayed strong H2 sales visibility and not delivering and I think this stock is going to drift/ deteriorate until a positive catalyst comes through. I also suspect the board must be seriously considering management changes at this point.
GB1, I’m more impressed with your share portfolio given the number of shares you contribute to and the boards you chat on. Must be raking it in!
They will have to close it soon if they haven't, none on thin ice!!! This has bottomed out so optimal time to buy out.
Absolutely broken broker. An investment, I hope we do not see a spike type of movement.
The short has not been closed yet, they will not close it straightaway but will decide maybe when the full results come out. This price range may be stable or it may go lower imo but see this as an investment.