The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I have looked at the new range of clothing and done some research, - it seems to be selling well - the results as always will come down to clothing sales/margins - food is a given and we know full well MKS have taken and continue to take market share - personally I think momentum is now with MKS and clothing will have retained its margins and increased market share - if this is the case and factoring in a pickup in the UK economy, the share is going plus 3 quid imo - the fly in the ointment may well be the monetary settlement with Ocado - need this sorting before results to eliminate any doubts going forward - all imho
gla and good weekend to you all
Pogo - yes some UK value stocks are undervalued and I believe ITV is one of them, I have stated this already in previous posts but putting in mcaps of around 6 or 7b is just daft - you have to be realistic - I want and believe ITV will go up but in reality the company is the studios with ITVX tagged on - it cannot be valued at more than 4b when the studios alone are valued at 3b - 4b mcap is a 100p share price - that is my target and I am then out - gl and please dyor
Pogo - £1.80 val - based on current shares in circulation that gives an implied mcap of 7.16b - Itv Studios worth 3b max which implies the remainder is worth 4b - at 1.50 which is your max estimate its almost 6b - please explain how you have worked that out as it looks like nonsense to me
These were the short positions for ITV at cop yesterday - big losses stacking up - Barclays upped their target price for ITV to 85p today - more pain to come for the shorts going forward - can't keep holding forever - any short reduction will fuel the rise north - follow the money - gla dyor etc
https://shorteurope.com/details_company.php?company=ITV%20PLC&land=united_kingdom
Farrnorth4 - haha - pre market dropped ok - not ok live market - point taken though matey - gl
UK GDP figures just dropped and smashed estimates big time - soon all UK value stocks will be rerated imo - this is one of them imo
gla dyor etc
"the UK economy is gradually improving" - just to reiterate my comments from yesterday - UK GDP figures just dropped and smashed estimates big time - soon all UK value stocks will be rerated imo - this is one of them -
gla dyor etc
IAG numbers just dropped - passenger numbers beat estimates - should augur well for RR today - lets see
gla dyor etc
I did say on here yesterday that if advertising shows signs of picking up the share would go north and it has proved to be the case - far too much pessimism on here for my liking, had it not been for the strikes this share would be well above 80p by now - mcap at 3b is an absolute joke when the studios alone have already been valued in a bombed out market at 3b a year or so ago - rates and inflation now falling and the UK economy is gradually improving, all good for future advertising spend - the share is being supported with the buy backs and the Euros are on the horizon providing further support - I have added here substantially over the last year and have absolutely no intention of selling any -
gla dyor etc
I have to say I am cautiously optimistic re the trading update tomorrow - interest rates and inflation subsiding and will fall further going forwar, that in itself creates a more palatable environment for business expansion which in turn leads to more advertising - any sign of a pick up in advertising and this will go north imho - lets see
gla dyor etc
Added at 505p - agree with Mary here - airports rammed - me and Mrs C booked via Easyjet only last week to go to Spain for 3 weeks in September - the air fare was massively up on last year - will add on further weakness
gla dyor etc
Big spike a few moments ago on MCG - went up 3pct in 30 seconds - I am assuming a big load up - cosmens maybe
gla dyor etc
"3.70 incoming" - based on what exactly ??
Guys - I feel for you - I have been there myself - I was around 35pct down on ITV but kept adding as I could see the future potential and eventually after 18 months I am now back in profit - it is painful for sure - I can also see the future potential with MCG in which I am also down around 8pct atm - for me I think there is limited downside here going forward - the debt is manageable, the prospects are imo good with inflation and interest rates falling and the demand is there for buses over cars from a green perspective and the demand is there for buses over trains from a reliability/cost perspective - macro economic events could always push the share further south of course, but that is the same with most shares - I have decided, like ITV I will add further here subject to further weakness - gla dyor etc.
The figures from Kantar reflect what I have been saying on this board for around 2 years - Ocado can undercut the rest on deliveries as they don't have to pay staff to stack and sort the food items - robots did not require inflationary pay rises last time I checked - why would you want to receive food from Asda, Tesco etc when you can have the food from Marks and Spencer for around the same price ? - follow the money
gla dyor etc.
This morning Kantar said online player Ocado was again the fastest growing grocer in the 12 weeks to April 14, with a 12.5% growth in sales - as I said in my post yesterday, the theory that MKS cannot maintain its Christmas dominance in food and clothing is completely wrong and playing out in front of your eyes - follow the money
gla dyor etc
I think the UK business, although in the doldrums atm could turn around quickly - let's not forget the 16pct wage rises that were factored into the UK results - inflation forecast to be around 2pct by year end so future wage rises will be nowhere near this in the UK going forward - inflation and interest rates dropping in the states and eurozone will also benefit MCG - when companies get taken over the predetor looks at forward earnings potential - Kretinski did this only a few days ago with IDS - Cosmens may well do the same.
gla dyor etc
To me this looks very similar to IDS where a party wants a certain section of the business - ultimately this resulted in said party bidding for the whole business - MCAP here around 340m now - cosmen bid must be close now surely
gla dyor etc
Doubled my holding here at 57.5p - gla dyor etc
MKS still trading at lows based on a theory that they cannot sustain the Christmas sales in food and clothes - this theory has been smashed month on month - shares will go higher from here a lot higher imo - lets see
gla dyor etc