The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Just bought some stuff from Superdry who are having a pretty eye-opening 70% sale on a large set of inventory right now.
Noted a few things from my experience
- Warehouse seems to be entirely automated (claimed that orders are picked by robots)
- This means that you can not amend or cancel an order, likely to result in less returns out of laziness
- 70% discount is pretty eye opening, it's on a wide range of inventory
Trive capital putting in an estimated £300m bid to takeover Ten Entertainment Group (TEG), BOWL's biggest UK competitor.
Interesting to see how this plays out for the sector.
https://news.sky.com/story/ten-entertainment-bowled-over-by-300m-us-takeover-bid-13023554
For people interested in visualising the Trustpilot data, I have been tracking it for a while. You can see it on Twitter here: https://twitter.com/CharlieUK98/status/1731628739488890996
The Range is a fairly different business IMO. The food, drink, confectionary and bodycare "range" is much less varied and not as competitive when compared to B&M. Even with their Iceland partnership. The Wilko acquisition just solidifies their role as a budget home decor shop imo.
Normally, if I was looking for cheap homeware, decor, rugs or DIY stuff then The Range would be my first pick. But for biscuits, booze and bodywash I'm going to B&M.
I anticipate sideways until Results published on 18th December.. hopefully, we can break this ceiling once and for all.
F1 Manager Community Manager has been let go, what does that say for the future of that franchise?
I've been waiting a long time for this day, as have many of us. Exciting times ahead to share with all you great folk! :D
Interesting spike today, fairly narrow spread
I'm trying to find the income statement for Currys Plc. Reading through the latest reports on the website but the income statement is missing many lines. No COGS or operational income/outflow line items but instead lots of lines for EBIT(DA).
Am I looking in the wrong place or is the accounting just funny for Currys? It's a bit of a red flag for me that they conflate it so much (if that is indeed what is happening)
This is a great deal that is giving hope that there is a lot of strategic thinking from the board. It helps ease my mind that perhaps there was more thinking going on behind the financing deals rather than simply clinging onto a last resort.
However, I remain quite underwater as I imagine others do. It's still a way from reaching back the £100m valuation that we all think it should be.
Visited Hollywood Bowl last night with some friends, pleased to say the place was PACKED. We had to wait 5/10 mins for a lane to be free after our slot time even though we'd prebooked the spot days before.
The bar was queuing & busy, lanes were packed full of groups of at least 4. Arcade was also very busy.
It's the first time I've played at a bowling alley with the pins on strings which seemed to make things a bit easier (though less enjoyable for me personally). But there is an obvious benefit when it comes to maintenance costs (its a much simpler mechanism) and also makes games run a bit quicker ;).
They must see some value in brick-and-mortar stores if they are reopening this closed franchise store.
Surely it must've been doing something beneficial to the company?
I'm out. This is a disgrace. Embarrassment to not only shareholders but also the state of the London Markets.
Government & Regulators should be all over this behaviour if they really cared about attracting quality companies to UK public markets. But as per nobody will bat an eyelid.
Should kick this back into action one way or another...
I like the idea of a VF Corporation acquisition. I also think Superdry wouldn't be out of place in the portfolio of $ANF (owners of Hollister).
This is sadly in a pit right now. I had belief in the management here at the start of the year. It's certainly waning now.
Certainly looks like it's coming alive again.
I definitely think we're in the midst of a nuclear renaissance. Mix in supply issues from some of the big miners and it certainly feels like this still has some mileage in it.
Great day.. although in reality, we're only back to where we were hanging around a couple of months ago. Wonder what's driven this spike today? interims aren't due until the 28th...
10p definitely my first target here. Interims on the 28th.. perhaps someone knows something?
List of Wilko stores to be shut just announced, I imagine most if not all of these will be part of the BME acquisition
The administrators say the following stores will close on Tuesday 12 September:
Acton,
Aldershot,
Barking,
Bishop Auckland,
Bletchley FF,
Brownhills,
Camberley,
Cardiff Bay Retail Park,
Falmouth,
Harpurhey,
Irvine,
Liverpool Edge Lane,
Llandudno,
Lowestoft,
Morley,
Nelson,
Port Talbot,
Putney,
Stafford,
Tunbridge Wells,
Wakefield,
Weston-super-Mare,
Westwood Cross,
Winsford.
The following stores will close on Thursday 14 September:
Ashford,
Avonmeads,
Banbury,
Barrow in Furness,
Basildon,
Belle Vale,
Burnley (Relocation),
Clydebank,
Cortonwood,
Dagenham,
Dewsbury,
Eccles,
Folkestone,
Great Yarmouth,
Hammersmith,
Huddersfield,
Morriston,
New Malden,
North Shields,
Queen Street Cardiff,
Rhyl,
Southampton-West Quay,
St Austell,
Stockport,
Truro,
Uttoxeter,
Walsall,
Woking