Member Info for kerching67

DND I remember your posts on mccolls......multi bagger etc. Yeah great insight. Crack on with your short position :-)

BDEV -40+% ytd TW- 40+% PSN -48% YTD etc .....Housing shortages across the country can't build them quick enough. You couldn't make it up!

I'm amazed at the drop, bought in at £19 and thought i was getting a bargain! Will top up and happy to hold for the divi even it halves.
I live in Kent, they can't build quick enough, there is a nothing available in my area. TW Barratt Psn etc all new builds snapped up on release. Interest rates will go higher that is inevitable given the historic lows but i can't see any housing crash on the horizon. Supply is a long way from keeping up with demand. imo GLA

Drb these valuations are 20+ years old. Spoons property portfolio ain't been updated for nigh on 20 years.I borrowed the money for my house 25 years ago, its paid now. and cost me 98k similar properties now avg price 350-400k

Published earlier this year in march
" The pub chain has a large property portfolio"
With a market capitalisation of just under £1bn, it may come as a surprise that the company has £1.1bn on its balance sheet of freehold and long leasehold property alone.

Interestingly, the properties have not been revalued since 1999. That suggests Wetherspoon may not be in a hurry to revalue them any time soon. But, given the boom in commercial property prices over the past 20 years, it also makes me wonder whether the real value of the company’s property portfolio is substantially higher than the value at which it is carried on the balance sheet. I'm not a ramper/deramper just go by the maths. GLA

DRB spoons are largely old converted town centre/listed churches ball rooms banks and buildings of historic importance. I've visited numerous spoons over the years and some buildings must be eye watering expensive. Sometime ago the Mail done a article on spoons more unusual properties ,these are impressive, Bath Edinburgh Tunbridge wells London etc........Cine predominately lease out of town premises on retail parks etc big difference?

Stroll on Clifford after reading your comments might as well stay in bed for next 2 years. Your a right ray of sunshine! 18-25 year olds want to dress up and go out that will never change despite the press media and doomsters painting a picture of impending worldwide meltdown. Dogger nice to see you back with your inane drivel based on your reading of fundamentals "ASC will go bust" Wow what insight!

Also looks like dropping out of FTSE 250. Positives hard to come at the moment. GLA

If my reading is correct we should be back in the FTSE 250 next reshuffle? after exiting on the last reshuffle? any thoughts or have i missed a few months. GLA

No sector specific i think , Bakkavor also down around same %. Usual overreaction to fleece small shareholders. Bxllocks

Spoons property portfolio worth more than current m/c. Like Morrisons it owns most of its outlets. YTD marstons -50%, M &B -38% Loungers -28% JDW -46% all Pubs/breweries getting hammered just like clothing, retail leisure etc. Eventually the tide will turn and growth will follow. Patience will be rewarded, ignore the countless idiots on these boards that are just after trolling to make a quick buck. GLA

Panmure & all so called brokers targets should be ignored, these so called experts are a bunch of clowns working to their own agenda. RBC Capital had £72 "outperfom" target on ASOS in May, now its £7 & half quid! Better off getting a monkey to give advice. Rant over, GLA

I don't get it either. Not this bad during pandemic. Retailers, manufacturing getting hammered everywhere. Got to turn round at some point???

Ignore Porsche he/she trolls the boards on any negative news spouting the usual UK/ Brexit drivel.
According to his latest ramblings from Turks and Caicos or his Monaco apt! (both mentioned in previous posts) UK Plc is doomed, same old twaddle posted on a different board ......

Dogger by all means deramp, but put a bit of meat on the bone. Christ if your gonna give it large, back it up with something.....anything. All a bit boring Zzzzzzzz

On the 16th May RBC Capital markets had a £72 price target on Asos. Glad i don't pay any attention to broker forecasts. These guys are supposed to be experts!

Turning out to a real turkey this one. Shame its a decent company but just no interest or volumes.

No idea why anyone would sell out at these levels. Patience required here, can go back up as quick as it went down if you look at historical charts. GLA

The other day i said this share was like watching paint dry. Zzzzzz How stupid do i look. :-)

Quiet month August, volumes should start picking up sept. Still a lot of value out there i'm hoping the winter months will get my portfolio back in the black. GLA

Spot on BT Superdry brand is stronger than ever. "Frazer group buy out of administration" complete drivel, think Dunkerton may have some other thoughts on that. GLA