Member Info for fatprofits

China now bulk buying, further reducing margins.

Are sector margins sustainable in orthopaedics?, is what the
market may be questioning.

John, these brands have existed for decades and in recessions
and better times. I get your general point but if you look
at the recent RKT or ULVR price action, the market appear to
be taking a more positive view of consumer goods stocks.

Are you guys on this planet - Starbucks is valued at over $90 bn.

Try doing even 1 minutes worth of research.

Look at the fall in cash generation..

However, it's the margin outlook that
the market appears not to like

of your calls on SN. ?, given the price at the time of this post
is Under £10.80 at the time of this post..

All those Buys you gave this ...

....

As mentioned here previously ...it might be wise to ignore
uber bullish posters on SN.

n/m

From memory, approx 12 months ago consensus had
JDW making approx £50 - £55 million on pre tax for
this financial year.

The SP decline needs to be viewed in this context fwiw.

Just reading some of the posts I wonder if people realise
what the market took fright at (rightly or wrongly)...

JDW appeared to guide towards a break even FY result on their
May update?, fast forward to yesterday and the story is different.

Lots of anecdotal reports of ..this pub is packed etc,
means SFA unless they are turning a profit.

Added on Wednesday.

That was a while back on Youngs,
I'm looking at their recent FY report on a pre tax basis.

appear to have come out of covid in robust shape,
so punters are paying for quality - whether that changes..

You might assume JDW would benefit from possibly trading
down?, but are some of those people just staying home instead..

Than pre covid.

Joe, I rate the CEO here fwiw, he got the company by
the scruff of the neck following MS's departure,
driving through efficiencies and synergies.

That being said, he can't walk in water and advertising is
cyclical.

The wider UKX could easily fall another 10 Plus,
so expect lots of stocks to be available lower down.

My current strategy is to buy small amounts of what I like
on down days, rather than attempting to time large buys
near a bear market trough. which unfortunately I'am not able to do.

Good fortune.

Bloody hope not Joe as I added today!.

I can't in all honesty click a Buy as markets are just
too volatile and we are in all likelihood now in a bear market -
MCX already there and pretty sure the UKX will follow.

In terms of under £4 a share, something quite cataclysmic would
need to occur, their 40% remaining share in Kantar is conservatively
worth £3 BN plus alone (although never say never etc!) - all in my view I should stress.

I'm 53% invested atm and don't feel brave enough to go much above that atm,
so hopefully opportunities over the next few months.

Recession looks pretty much nailed on now, what a change
in 6 months.

It's an extraordinary outperformance.

The share price was lower in August 2019,
pre covid, the huge oil price spike, airport chaos,
the Russian invasion of Ukraine and now a looming recession.

What a woeful recent performance imv.

the March 2020 plunge low and approx 20% Above
the August 2019 low.

Price getting near an interesting level again?.

I can hold the shares with duel nationality thankfully.

..