Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Very clear and thanks.
Much appreciated.
Update to last incorrect post! Spreadsheet deducted right issue ratio from original holding!
So example (corrected):
Holding 90 shares pre rights
Nil paid rights shares available today (70) (AVVN)
Select to exercise rights:
Nil paid rights shares (70) can be traded as of today
Post 10th Dec 70 new shares (at 22.55) added to existing
Total holding post 10 Dec - 160 shares
Apologies for last post confusion.
Hi SB,
Could you confirm the basic mechanics of the share allocation/rights?
Simple example:
Holding 90 shares pre rights
Existing holding becomes 70 shares today (AVV)
Select to exercise rights option
Then:
New Rights issued Nil paid shares (70) able to traded today (AVVN)
New rights issued for 70 'new shares' at 22.55 (AVVN) added to existing holding 10 Dec.
Total holding post 10 Dec - 140 shares traded under AVV
Apologies if blindingly obvious but just checking.
Founders frequently fail to move with their businesses success.
Holding onto behaviours and techniques that got them to where they are (self reinforcement), and not reassessing small but important changes needed with the new scale/size. PR and messaging are critical to investor confidence and emanate from CEO/Board. Shame the company is excellent in digital marketing and social media, but not repeated higher up the company.
Also, if EAC are really going to look at environmental impact of 'fast fashion' and employment conditions through the total supply chain, then there is a much wider fallout (Asos, Tesco's H&M, Top shop, Primark, GAP, Ripcurl, Zara, Pea****, Adidas, etc)
This would be a very 'brave' investigation (UK and US) considering the current state of the economy, job losses and current UK and US political stances on recovery, national debt post virus, etc.
Most likely will get 'advised' to find enough to support extreme condition findings and big environmental messages, but stop short of disrupting recovery for retail :)
Great company, great business plan and model, questionable leadership PR?
Interesting thread, but possibly overly focused on what 'could/might/possibly' be, or 'my medical guess is better than your medical guess'
Thankfully it shows why the markets (especially sectors like this) are so volatile currently and more importantly show all the opportunity we currently have in working the fluctuations.
Take on board all positions, views and input and then place your chips :)
The basic maths behind companies remains consistent, and in this case , with exceptional circumstances, volatilely and uncontrollable external risks for the management team it is an almost impossible forecast to find certainty in!
Therefore sentiment will appear to win the days movements for a while yet.
Supply and demand will win out, if the basics of cash, debt and leadership can survive the intervening period.
For Easyjet, they so far have avoided panic and crisis management, restructured their balance sheet as wisely as foreseeable, kept well placed and guided management commentary to the market reinforcing the governments accountability in the situation .
Note: with the exception of the uncontrollable 'leak' from the 'objective' BBC, who have never had it so good with a captive audience, drama/pessimism and journalist looking for the spot light each day plus their highest ever subscription numbers on I-Player and all just before they have to charge for services and compete with other providers.
The key will be EZJ's ability to control cash burn to the length of an unknown return to near (or new) normal business.
EZJ's advantage is they are a more nimble player in this market, if a new normal is required, history shows they are innovative enough to make opportunity in this new norm.
Take your pick on Red or Black, but the management will be the key to avoid Green 0.....
Debate.... :)