Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
It's good that the markets are short term. This is where the opportunity is.
The brokers targets are 12 month targets. They are forward looking estimates of what the analyst believes the business is worth rather then a stock price prediction necessarily..
I think boohoo is worth more than £3 billion net of cash. I don't know whether it's worth 4.2 billion vs 4.3 billion etc but I think I know with a sufficient margin of safety that this business is worth more than the current market value, and will be significantly bigger businesses 5 years from now.
What happens tomorrow is of little relevance to me, unless of course something changes fundamentally. I'm not sure what businesses Kallu follows where every quarter there's wildly different performance from long run averages, but In my experiences businesses simply don't change dramatically from a Fundamental perspective in that sort of timeframe.
I'm not entirely sure what youre talking about Oliver. Price is what you pay, value is what you get. In terms of DCF you would be half correct in terms of crap in, crap out, but if you are suggesting a business cannot be valued, or that markets are always effecient, you're sort of in the wrong game.
Future earnings are not random are they, so you'll have to flesh out what it is your talking about.
Is it that your now a bit annoyed about the looking forwards vs backwards thing, trying to look a bit clever, and now you have realised your error?
Yes yes, everyone is going to be so poor nobody will shop anywhere other than Primark. There's going to be nobody to buy cars or houses or holidays.
You ever thought about writing a novel Kallu? Maybe something in the sphere of Orwell's 1984 or Huxley's Brave new world perhaps?
The most idiotic macro outlook I've ever heard.
I'm sure this is obvious to most, but we have absolutely no idea how the staff issues play out, or who will be affected to what extent. It's unknown, but also likely to be short term. Remind us Kallu, what does Buffett say about understanding what you can and cannot know. Circle of competence and all that.
I'm fairly sure your "too hard" pile should be much bigger than it is.
This retort doesn't make sense Kallu. You are trying to make a point with something you've previously advised as being worthless in investments, so the idea it adds any credence to your position is a bit silly.
Please also be aware that staff may be short on a national average, but that's not evenly spread over every geographic location, so as usual, (and again excuse the pun), but more work needed.
The material difference in profits of these short term issues isn't even defined, yet you've painted a picture in your head that it will have some long term impact on the business.
Doesn't make a jots worth of change to the long term investment case of a business. If you bought and sold on every macro fear out there, you'd never be in the market.
What's funny is you've had to literally edit a statement to make it look like Next were saying the exact opposite of what they actually reported to be able to post anything that supports these fairytales you tell yourself. It beggars belief. What did you think would happen when you posted that? That knobody would actually read the earnings report?
Kallu, you can cherry pick all the short term issue statements you want out of Nexts earnings, but anyone that's read it knows it dispels virtually every word you've uttered. These issues won't be around for long and affect everyone who has warehouses and logistics. How you bend and contort yourself to try and make the narrative fit in light of the very obvious evidence to the contrary is mind boggling.
People can read the earnings from Next for themselves, but let's just fill in what you've Conveniently left out of your post.
"There is a possibility that customers recruited during lockdown, having been forced by necessity to shop online during the pandemic, will spend less, and not be as loyal as the pandemic recedes. It is too early to give a definitive answer to this question, but the evidence we have is encouraging. It suggests that the retention and re-order rates of customers recruited during lockdown are at least as good as customers recruited in more normal times, if not better "
The conformation bias you suffer from Kallu is unreal.