The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Yes agree....in a full bear attack it could happen.....one is over due.....but us economy is pretty strong.....not sure this is the start.... But I've been wrong plenty... My largest holding currently is cash and will remain so until the grizzly ultimately strikes....just don't know when!!!!
Got some more at £12.55 today. Brings my ave to 12.82. I think ( hope) and am pretty sure in 3-5 yrs these will be a sound, dividend paying investment. Even if the market turns full bear, over a decent time frame this will prove a buying opportunity.... Dow futures down again....but it won't be anything near like yesterday....it could even finish neutral.....let's see
The bid for the unit needs to low....if we don't get it we don't get it..... Must avoid a bidding war and cash burn at all costs... The bear market is over due, any time in the next 24 months will see a correction...that is when you need your cash handy....you could pick up similar spin off units at bargain basement prices... IMHO......now is not the time for large acquisitions with current 2% growth offerings..... Danger is if Emma tries to bluff the market and puts on a bold posture.....would work in early 2013 but not today.. Hoping common sense prevails
This could have dividend implications from 2019 if we win the bid......it will be a cash/ Leverage beast............. https://www.bloomberg.com/news/articles/2018-02-03/glaxo-reckitt-are-said-only-bidders-for-pfizer-s-consumer-unit
Don't ever get sucked in by a brokers note...this was Numis take..FFS Capita (CPI) 565p Forward PE’s discount to 10-year average: 52.7% At 9.3 times consensus forecast 2017 earnings per share, support services business Capita (CPI) is trading at a more than 50% discount to its average PE rating over the last decade. A key reason behind this discount was a nasty profit warning in September 2016. Numis says now is the time to buy the shares. We think the company’s problems are both fixable and more than reflected in the share price. We see scope for a recovery as concerns over the debt situation are addressed. However there remains a big question mark over how quickly the recovery will happen. On 29 September 2016, the firm downgraded its full year pre-tax profit guidance to £535m-£555m versus previous market forecasts of £614m. It pointed to a slowdown in some trading businesses and continued delay in client decision making. In December 2016, it downgraded profit guidance again blaming further weakness in its IT Enterprise Services arm. The company announced plans to sell assets to repair its balance sheet after some analysts had speculated a rights issue would be required. Broker Numis expects proceeds of £800m from the disposal of the Capita Asset Services and Specialist Recruitment. It forecasts this money will reduce the company’s net debt to earnings ratio from 2.9 times to 1.7 times by the end of 2017. Numis also expects Capita to generate £840m of free cash flow between 2017 and 2019, more than 20% of the current market cap. The potential value opportunity has been seized upon both by company insiders and high profile investors. Chief executive Andy Parker snapped up nearly £100,000 worth of shares in December 2016 and well-known fund manager Neil Woodford has taken his holding in the company through his CF Woodford Equity Income (GB00BLRZQ513) fund above the 10% mark.
Absolutely right. Shorts in Carrillion were building for sometime ( strangely around the time the II/ funds started to offload:) )....it was not completely invisible. By way of comparison...current registered short sellers here.....zero
Quite right....however a little more digging around what the fund holders were doing in the background shows that they were obviously off loading in volume from November onwards.....just amazed Neil Woodies decided to double down???%@?. Check out morning star and it shows the largest fund/ institutions holders and also who has been adding/ reducing. Nowt to worry about here. As for brokers notes.....they have their own agenda and it is often very different to a PI.
I have watched the tiger hedge fund for several years....whether they go long or short...mirror their moves....I've not seen them lose yet.....shorting this now may prove painful....even after a 4% hike today..
Don't hold and never had. But best wishes to those that do......
Zero trades today ?