The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Food for thought:-
https://morningporridge.com/blog/blains-morning-porridge/guest-post-miles-morland-how-green-is-your-telsa/
I guess it's a profit warning but:-
I like this:-
"Recommending a special dividend of 42.90 pence per share"
and I like this: -
"Notwithstanding these near-term cost headwinds, the long-term opportunity looks even more significant than it did a few years ago"
I rather fear that many will have read it wrong and assumed SONG are now the owners of the Leonard Cohen catalogue and hence pushed up the price today.
I'm braced for when realisation sets in.
Yes, sorry FiniteElement. I was being sarcastic.
I agree - the worry is that MM now has a nice big source of money and will use this to buy catalogues at "our" expense. I guess we have to hope that time will roll on and we will eventually benefit from the crumbs of future Blackstone acquisitions.
https://www.theengineer.co.uk/itm-power-gears-up-for-green-hydrogen-revolution/
Glad to hear that you took notice of my earlier warning.
Well, I really should stop as I have two truckloads now and I've missed my chance today but if it slips again on Monday I might be tempted - a yield of more than 5% is not to be sniffed at.
More competition
https://www.musicweek.com/publishing/read/warner-music-and-blackrock-launch-fund-with-influence-media-to-acquire-modern-evergreen-songs/085303
Advert in Daily Telegraph this weekend and says "BACK ON SALE" for cruise code SU047. Anyone know what that means? Lots of cancellations so they suddenly have lots of availability where before it had been sold out?? Or something else?
Just interested.
Positive write up and HOLD rating in today's Daily Telegraph
https://www.telegraph.co.uk/investing/shares/questor-hipgnosis-hits-right-note-despite-getting-caught-neil/
As promised, dipped in again for a few more @ 108.796P
Neil - probably doesn't really matter. All that publicity he got led to big increase in CD sales and downloads on alternative sites (good for Hypgnosis)
Ukraine - whatever happens isn't going to stop people downloading, listening on radio or going to concerts
Market sell off. probably but that's one reason why I like this. see above
Next catalogue valuation/sector becoming too hot. Yes it is becoming hot and that should support catalogue valuation
Lack of activity with new catalogues - that's my one real grumble.