Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Well, maybe. Gary Patterson loved cost cutting and under him the share price nearly halved in 18 months. I would prefer a CEO who actually got out and sold whatever BT has to sell. Of course, I would like a night out with Emilia Clarke but I can't see that happening either.
As far as I can see, Barratt's profits have been rising over the last couple of years.. Nothing spectacular but ticking over. The P/E has been falling and is now at 7.1-7.5. Debt is under control and there are no ominous acquisitions. And the share price is 10% below last years mean which suggests that now is a good time for a punt. So why all the gloom and doom? I would like to have a flutter but am worried that I am missing something.
I may well be wrong, but yesterday I bought in at 722. , which is pretty much a low point for the last 12 months. Profits are forecast to rise next year, the P/E is falling, operating margins are rising, loans steady and RPC doesn't make drinking straws.
One way and another I expect to be RPC to make a modest contribution to my Christmas fund.
Who gives a crap. Profits are estimated to fall this year and probably won't improve much in the foreseeable future. The new CEO is good on cost cutting but does not appear to have any ideas on actually increasing sales. Overall, Dixons looks a bit buggered and a slap across the wrist from whomever gives a toss about data protection isn't going to make any difference.
I can't make this company out at all. The estimated profits before tax for the coming year are expected to exceed those for p/e 2016, when the shares stood at 480. I know that BT has a pension hole to fill and that the Italians robbed them 15 ways to Sunday, but things are still a bit odd.
"Looks like market is also waiting too" I bought in at 376 in January 2017. If the market waits for the share price to fall much further it will be listed on the Sydney Stock Exchange. The only thing I really want to see dropped is Gavin Patterson, the CEO.
"Predicting trouble from The ICO for DC - Company deleted CCTV footage of a disabled man being humiliated in Currys " I am disabled and if DC can get the share price back to 230p they can borrow my mobility scooter and reverse over the old fool's head.
"Why is it that every time someone takes over a succesful company they run the past down" Probably because (a) Dixons wasn't that successful. The operating profit has hovered between 2.7% and 3.4% for the last 4 years and that isn't very inspiring (b) Alex Baldock is (I hope) sandbagging. He is telling all and sundry that the previous management was rubbish in order to make himself look better when he finally manages to turn the company around. A bit cheeky but it won't do the share price any harm so all to the good.
Furry coat is right, although I wish that he was not. Mobiles are like my purple loons; pretty hot in their day but now they are yesterday's fashion. Dixons will have to cut costs by dumping as many of their terrestial outlets as possible and then herd the remaining staff into those Godawful call centres. But it will take a while and I don't like the idea of hanging around for it to happen. With luck this is just the usual first day of the week panic so I will wait for the shares to crawl back a bit (200p?) and then jump ship.
I don't want to be a downer and the dividend is better than leaving money under the bed but....... Two years ago Patrick Coveney declared that expanding into the US would increase American revenues by 42%. Instead GNC appears to be leaking money across the pond. He is snuggling up to Amazon which is going to be the next big company to go under. Asda and Sainsbury atogether account for 15% of GNC's revenues and it can reasonably be assumed that when they merge the buyers from the new company will put Pat's balls in a vice. And the share price has halved in two years. What GNC should do is give Coveney his P45 and a packet of past their sellby date sarnies to feed to the poodles on his board that have kept him in his job for so long and then find a new CEO
"Things in BT go in Severn year cycles." Possibly NDN, but I am not Joseph and I don't care to wait until Pharaoh Patterson sorts this famine out. I can't see the current board of BT leading its investors into the promised land, although we might drown in a sea of red ink as the share price falls even further.
Store closues are tough on the poor sods who lose their jobs and I reckon a call centre isn't much of a step up from battery farming, but it should cut costs and will do the share price no harm at all.
reckon that if a bloke can't talk plain it doesn't bode well for the share price.. "BT ANNOUNCES STRATEGY UPDATE TO DRIVE LEADERSHIP IN CONVERGED CONNECTIVITY AND SERVICES" [url]https://uk.webfg.com/news/Company-Announcement-General/BT-STRATEGY-UPDATE--dl27447510.html[/url]
Me too. I have hit my target and sold up, which means that the share price will probably climb like one of Dickie Branson's rockets. Still, I have done ok. Best of luck to you guys.
I have probably told this story before, so my apologies but I reckon that it is worth repeating. A while back a financial analyst on the London Evening Standard mentioned that he had only ever bought two shares in his life. Once was when he was drunk (which is fair enough) and once for moral reasons (pass the sick bag). As a general rule I reckon that a financial analyst's advice is only of value when it is printed on soft paper.
As far as I can see, Trump is a thin skinned and big mouthed buffon who is a lot smarter and more cautious than he sounds. Which, it has to be said, ain't difficult. He has cut US taxes which means that the Yanks will have more money to spend on GKS's drugs and that, provided Emma Walmsely does not piddle the profits away on unnecessary takeovers, can't be bad for the SP and, of course, us.
Wednesday's London Evening Standard had an article by a chap called Jim Armitage. Mr Armitage is journalist who writes for the business section and never short on good advice, and in the article he admitted that he had only ever bought two shares in his life. One was when he was drunk (which is fair enough) and the other for moral reasons (pass the sick bag). The problem with the BBC and the rest of the media is not that they are biased, which is to be expected, but that few of them know hay from a bull's backside about how the stock market works. It is a worrying thought, but I reckon that the average poster on this board knows more about how the financial world turns than any dozen of the cliched hacks of the TV or newspapers.
Oh bugger. The rest of the food and drink companies have risen by up to 3%, while Greencore has been the only one to fall. Bugger, bugger, bugger. Someone post some good news about this company. It does not have to be true, just cheerful.