focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
This is a real gift that the markets have been struggling and sent the share price down this low. I recently received an inheritance and wanted to put it all in here but wanted to get in at a good price, well this is amazing. Aviva is a proper company, extremely strong, high quality sustainable earnings, a market that will always be strong. It may go lower but not much lower, this is a fantastic entry point. A friend said to me aren’t you worried in case Putin starts a nuclear war and the economies crash? Well if he does we are all doomed anyway. This will return to 450p, that’s a 20% ROI, plus the dividends. I’ll have some of that.
before buying in here as I want to see how that will effect the business. But from what I read this weekend I’m not so sure the White Paper review is going to be published. Liz Truss has said she doesn’t want the government to tell people how to live their life’s, she doesn’t want a nanny state which it looked like we were under Boris.
Having really gone over the accounts and trading statements I think it’s time to buy into this now at under £100.
From the sounds of it Flutter don’t believe any recommendations made in the White Paper would cause that much of a negative impact as they have already done so much when it comes to safer gambling. But on top of that, unlike 888 and William Hill who’s main business is in the UK, Flutter have such an amazing global business. The market is strong and will only grow stronger, it’s high quality sustainable earnings which converts straight into cash and it’s so prominently digital unlike other bookmakers which cuts down massively on costs. There is definitely loads more positive value and expectation buying in at this price than negative value. It’s always hard to know when to buy in but I think any price under £100 will be a strong medium and long term investment.
n1shares, I don’t think it is a fair assessment to say things are rosy here. High street fashion retailers is one very tough market sector, so many company’s have gone, Boohoo’s SP has collapsed. High street stores are very sadly a liability. the costs of rent, rates, electricity, staff, etc makes it near impossible to make any profit. Add to that the statement that they are expecting losses before tax and that they do require further funding very soon, it just seems that there is a lot that needs to happen before this company can turn around. It’s one to watch for me but no way would I invest in this right now. That’s just my opinion and others will disagree.
I feel UK gambling companies have unfairly had this Gambling Commission White Paper hanging over them for far too long. The Government need to release it or scrap it and let companies plan for the future.
I agree that the acquisition of William Hill was a poor one. They bought them for a huge amount but it did not include the American part of their business which is what was so appealing. UK bookmakers have had a very tough time of it in recent years, there can be no future in betting shops, online is where it’s at.
There is real potential for 888 but they need to close shops, focus online and look at acquiring online bookmakers in foreign countries.
I have never owned shares in Joules and today is the first time I’ve looked at the company in terms of is it worth investing, having noticed the fall in SP. For what it’s worth I like Joules, if I am looking to buy some new clothes Joules is one of the first I check out. I believe they have a great brand but I also feel that they could have so much more product choice than they do. The simple fact is that if a clothes retailer has really nice clothes - stylish and smart, then people will buy them. Joules should look to improve and expand their range because just look at Next, they have thousands of clothes in each category, hence they sell such huge volumes. Reading recent RNS’ and the most recent accounts I feel that despite this being an extremely low share price, there is clearly more bad news and problems to come. I’ll be watching and may buy in but I feel it’s got to go lower. I hope it turns round though. Good luck.
For those who say leave rampers alone, no, absolutely do not leave rampers alone.
You have to be careful on these messageboards when it comes to AIM shares and rampers. They are horrible specimens of life. I’ve seen teams of rampers copying and pasting the same things day in day out and if anyone questions them they are then bullied and hounded off the board. These rampers simply want to make people believe that the share is a brilliant investment with the tactic that more buys raise the share price. They will usually always sell out before the release of anticipated news though. Rampers need to be targeted and hounded off boards. I’ve seen loads of people lose tens of thousands because they bought in from being brainwashed by rampers tactics. Many will say that they are idiots but anyone reading all the positive messages and seeing the share price move can get influenced and buy in. Always target rampers.
I remember the Oregon gold days, there were a team of rampers who were responsible for losing people a lot of money, they know who they are. Does anyone feel that what happened with that company was nothing short of criminal. I said early on that the company will never mine any gold, they never once generated even £1 on revenue, it was simply share placings to pay themselves handsomely whilst pretending they had struck gold. It was a valuable lesson I learnt. But those rampers like John777 I think it was really were shameful. Any thoughts on that venture?
To think the 52 week high was close to £5 a share and now the talk is will it fall below a pound. Being a bookmaker in the UK alone is not good right now, not only is it such a competitive market but the Gambling Commission white paper due imminently is going to hurt even more, the only way to success for British bookmakers is getting into foreign markets, specifically America.
I used to bet with 888 until last year when I used their live chat to bring up a matter with a bet I had. The woman on there was just not interested, she just didn’t care. Well that was my custom gone. Companies like 888 absolutely need to retain their customers and hope to add to them, if they cannot even retain them because of such poor customer service then what hope have they got?
I am grateful for some good feedback. It’s a good messageboard here, never any nonsense ramping or wild predictions. Just out of interest, has anyone got a particular other company/share that you really believe in? My other main share that I am very interested in is Flutter. I’m very interested to see what happens with the Gambling Commission White Paper due to be released soon, it’s been hanging over betting companies for way too long time.
I received an inheritance last month and want to use the money to buy Aviva shares as the dividends are so good and it’s such a solid money making company. People will always need insurance products so I’m very confident of Aviva as a business. I was happy seeing the share price fall recently, hoping I could buy in below £4 per share. Then on Friday it increased 16p. It’s a difficult one to predict the share price here, the markets and poor economic situation is not helping share prices and things don’t look to be improving on that front any time soon. Russia is key, if things improve there and oil and gas prices fall then everything will improve with the economy. It seems that the sanctions placed on Russia are hurting everyone. It would seem that the current value of Aviva is somewhere between below possibly 380p and 435p, therefore it feels like it’s worth waiting for a better entry point. But at the same time I don’t want to leave my inheritance sitting in a poor interest account where it will be in effect losing its value, it’s far more worthwhile buying here and getting good dividends. Where do others see the short/medium term share prices to be?
I am not disappointed by the drop today, I am due to come into some money at the end of the month and will be piling it into Aviva. They are solid as a rock, always generating huge amounts of cash and the dividends are fantastic. It doesn’t matter to me if the share price falls as I have no intention of selling here and just creates more opportunities to buy more.
Where do people stand on this in terms of investing in Flutter right now when we know the Gambling Commission white paper is ready to be released once the government get themselves sorted? The white paper is bound to have a negative impact on UK gambling market, so is it really worth investing right now?
I’ve been watching this share in past weeks, very interested in it but felt I needed more info on the results before seeing if it’s worth investing.
I’ve just read the RNS and I do now feel that this is a good buying opportunity at this price, so have put in a speculative grand at 8.4p. I do feel there is value to be had at this price.
So many people were posting how this share was so undervalued and would rise significantly quickly. It’s easy to believe the hype and what people are saying. So often people get caught out as a result.
This has been one massive free fall from a year ago. The sentiment on this message board is that this is extremely low and has far more positive value than negative value.
I am not invested here but I am looking at it. The problem is the company has been recording losses and don’t have a great deal of cash flow to absorb further losses which could see a placing needed which would really devalue their shares. It is also really difficult market conditions, the cost of living crisis means that not only have people less money to spend on beauty products, but people have less money to go out and want to glam themselves up. Then add to that the increased costs in transporting their products and the increased cost in materials.
If we had market conditions like they were pre Covid then I would be pushing money into this share but I am not convinced now is the time. I feel that this has to go lower before it recovers.
Biker you are 100% right. These message boards are etihs because you have so many numpties who ramp and make predictions like Crabtree on Friday saying this would be 300p within a day and 400p within a few days. There are so many clowns here, it’s no wonder so many people lose so much on AIM shares when posting here, people believe these clowns know what they are talking about when they don’t have a clue.
The dividend money is in my share account.
The money from the shares they took off me is also in my account and worked out at receiving £4.237 per share so I’m happy with that. Will buy back my shares and have some money left over.