The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Multi-nationals are all the same, Bot. I used to work for one with HQ in Toronto. We had three operating areas. UK, USA and Canada. Each of the three country business were perpetually composing that the “central” overhead was way too much for what it provided, which in the case of theUK, was the square root of not a lot.
Anyway, when you look at the fancy salaries, perks and share options, you do begin to wonder. I am on their mailing list and get regular shots telling how brilliant they have been in promoting this or that individual and recruiting another etc.
However, at least in this current announcement they talk about improving shareholder value.
First time for everything!
B
JBG, there’s no need for that kind of language. This is a very friendly board where everyone is allowed their own opinion.
Thank you for the detail about the results - they are almost spot on with Jeffries Bank predictions and the consequent share price movement is exactly what we should expect from this share.
It will pick up again as the market digests what it has been fed today - at least, I hope it will. It does seem to be moving that way.
B
Morning all,
I just read the Jeffries Bank opinion on CCL. Higher costs, lower revenue and profits yet they still rate the share as a “buy” with a target price some 50% above where it is now.
Which half of their guff are we supposed to believe?
B
PS that “other bank” is slowly creeping towards my average of £2.75. Don’t tell Sid, though.
The track record seems to have been a rise prior to the results, steady while they’re digested (that is, some analyst or MM finds a trivial negative item) then a drop, then a rise next day.
Probably best advice is shut your eyes, turn off all comes etc. and come back on Friday for a peek from behind the sofa.
You can tell I am an experienced investor, can’t you. It’s why Bot entrusted me with the share price over the last two weeks.
B
I hesitate to say welcome back, Bot, after my miserable performance. I am reminded of the parable of the talents (Google it) - having said that, the SP has at least gone up a bit.
Anyway, I am pleased that you had a great time.
B
Morning K,
Yes, not bad. Even NatWest has an uptick over the last few days, despite going XD last week.
I have some other small bits and pieces which I might dispose of - I’m sure you know of a few as well - the hoping against hope that they will pick up. Past experience though is that as soon as I sell, the price goes up because someone has hinted they want to buy the company!
I shall have failed in the task that Bot set me, of course, but at least it seems to be going in tge right direction……….at the moment!
B