Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Prof, I’m bullish here and I find most of your posts very helpful. But with this one I think you’re getting a bit carried away! Ha ha. SIG has never been anywhere near those numbers and working on turnover alone is crude at best.
Whilst both companies deal in similar products and actually there GP runs at similar margins of circa 25%, kingspan run a decent EBITA margin of around 10%, which SIG would struggle to come close to with an expensive branch network etc.
Kingspan has always run at a high PE ratio too.
If you look at Travis, I’d say this is arguably a better comparison as a business model. They have a market cap around 50% of their turnover and run at an EBITA margin of around 4%, which is actually very good.
So yes there is big headroom here, but I’d say it’s about a 3rd of your figure and that is still being optimistic.
This stock has never been at £4 even in its heyday. Why do people embarrass themselves like this?
Realistically, if they can return to growth, this could surpass dec 2019 prices of circa £1.50. But that would likely be 12-18 months and require positive trading updates along the way. You’ve got to remember this share was not loved by the market pre covid and had been in continuous decline. So once you strip away vaccine euphoria, there are still questions that need answering.
Sounds like a bit of old fashioned lobbying by a scarred US competitor to me. I mean they’re very late to the party and the evidence in Boos favour that has since been acquired squashes any such concerns.
My wife doesn’t invest, but she is somewhat more “woke” than me, as the buzz term goes.
I told her about today’s article and she instantly said “institutional racism”. I’d never thought about it before, but she is right. The constant media witch-hunt against boo is because it is run by a wealthy and brash Asian. The brothers that have bought Asda are facing similar scrutiny for the manner in which they bought Asda, despite the fact that these sort of heavily leveraged deals happen all the time.
This really is the media exposed bare.
Never ever cry over what you never had.
You weighed up the risks and made your choice, those risks were real. You haven’t lost money.
The riskiest trades often yield the biggest returns and when you walk away you have to accept that the risk may not be realised and you may miss out on gains. You wasn’t comfortable with the risk, there’s nothing wrong with that and it’s better than investing blindly. It would be like me crying because I didn’t buy Bitcoin 5 years ago when my friend told me to, as I thought it was overvalued and didn’t like the risk.
Only cry when you actually lose money, not for missing an opportunity, as there will always be more of them.
Got to love Boohoo, it’s the stock markets eastenders that’s for sure!
One minute you think you’re buying and selling a nice predictable trading range, the next minute you’re slap bang in the middle of another controversy! Ha ha
It’s simply just the market, as long as it has existed there has been bulls and bears, the overly optimistic, and the overly pessimistic on equal balance. But the pessimistic will always annoy us more due to basic psychology. There was nothing sinister about paddy’s posts, they just annoyed you. There were equally repetitive bull posts that were backed with little substance, but they probably didn’t annoy you as much.....one of them was going to be right.
As an example, for me the risk of an RI here is still 50/50. So my response was to sell 50% of my share holding in mid jan so that I can act accordingly should an RI happen.
I initially had 80k shares, so I’ve missed out on a good few thousand there. Whilst that stings a bit, at the end of the day where I see real risk, I try to avoid getting caught with my pants down because in my opinion, If you don’t have a plan B in this game then you have no plan at all. Learned that the hard and expensive way! Ha ha