Member Info for oogleflugal

I think there is a clue in the name 'Lostagain' . Or maybe they had some cash left from the RI to prospecting! Eitherway the share price seems to enjoy the idea.

Well it hit £2.30 this morning on a £90 UT transaction. Some very odd share trading all small automated. generally looks good but look forward to progress update

I'll vote for that. Oops sorry, I'll vote for that with backstop loss or single market communion

After much deliberation yesterday rather glad a made my mind up! Obviously this sudden leap of enthusiasm in the sp is a mistake a mistake!

Its the classic what if it was the last day of the world scenario ? The German would head for the nearest bierkeller to party, the French would make passionate love and the Brits would have a 23 hour committee meeting on how best to use the time

Very quiet bb. Maybe this week. Some thumping trades (500,000 and 280,000 )this week and last don't move the sp, but a series of small automated trades today and we have break out hopefully!

Certainly attracting some strange emotional outcries. Inaccurate in assessment and devoid of facts but mildly entertaining. But thats never bothered this bb before. Our M&S store is closing in a few weeks and although there have been some quaint objections from locals and feinged support from the local tory knob I can't say it is much of a loss. They closed one in Folkestone a few years back just before the Paris one! The truth is it has probably been loss making for years and without a massive facelift unlikely to halt that predicament. So the right negative move again. I dont like the gamble on Ocado either, which is huge and if at all justified is going to take several years to bare fruit. These old establishments are really up against it. Its going to take some bold ideas about products and image more than making them available for home delivery which is already well stocked by a diverse range of specialist providers.

I think its gone from possibly oversold to just about the right price. We do use Sainsbury only because it is geographically favourable. I have noticed some heavy discounting since the merger stall. The problem is with an impending new Aldi opening/ replacing the co-op soon they will have to try even harder thereby impinging even more on the PE. They had their heyday along with M&S when profits were easy and growing. In the last few years they failed to take notice of the relentless rise of value from the German supermarkets. Its not so much about faith returning as viability.

Be a real bargain if it does. A lot going on here. Write down, divi reduced, profits halved, rights issue, restructure and integration, global expansion. Most of which has a perfectly justifiable explanation. So straight to the big new acquisition Waga. This has passed from the original owner through the hands of two investment companies to RTN. Previously bought by the previous owners for 230 million about 7 years ago. They had an ambitious plan to open 90 restaraunts in USA. It never happened, but they have opened a few there and in many other countries in Europe and Asia. This seems a good approach to determine where the next round of expansion should be concentrated. The uk currently has around 130 outlets and a further 60 around the world. How much room is there for expansion in the uk? The first step seems to be by converting other rtn outlets to wagamamas. RTN ar the natural fit for Wagamama to carry out earlier expansion ambitions. So although the acquisition looks pricey, they would seem to be the vehicle to take Wagamama forward. The potential looks fast. These are big figures and the market is bound to be cautious at this early stage in the next development. It had been described as audacious so if you can’t stand the heat stay out of the kitchen by all means. I find it one of the more exciting prospects in a fairly dull sector.

The rationality of investors:) Made me laugh. The valuing of companies below asset value is as old as the hills, What changed in 2000 was valuing companies at 120 times earnings with no assets. Capitalism is a seesaw of extremes. That's how it works. Not sure why keeping interest rates so low is corrupt . The proceedings leading up to and causing this scenario were corrupt and very few (bankers) held accountable. Japan has been stuck in a low interest trap since the eighties. The result of low interest rates has led to ludicrous house valuations. My son pays the same monthly premium on a £200,000 mortgage as I was paying on £60,000 in the eighties. The banks aren't bothered what the interest rate is so long as they get the same margin on more money lending on money they don't even have, unlike their savers who do have the money and get sweet fa for it. Banks have to stimulate markets by making money cheap borrowing into some distant unspecified future, which periodically catches up with us. Fleece the ordinary tax payer bail out the banks and off we go again. Cant see it working forever like Mr Brown "I've seen an end to boom and bust" six months before our worst financial crisis and he was supposed to be a genius economist!

Often the share price reflects the cut off date of ex div and precedes the ex dividend date by with a small rise and falls back after. So you can't win on this usually. The only real factor to consider before buying in is whether banks are actually considering cutting dividends

Why are lee so slow to update. Currently states there are only 220,000 million. The market cap must be nearer £500,000 with at least that amount of shares placed in from the RI on dec 14th! Apart from that I am keen to buy in here as soon as IWEB can get there finger out. No t to surprised if this hovers around the RI price for a bit. Tends to be the course for most RI's while the market digests what is seen as a very significant but expensive purchase. Not a great fan of eating out, but when I do I expect to get food that is at lest to a standard of what I can cook. Wagamams is a combination of value of tasty food at a reasonable price. Plenty of growth there and not much competetion I'd say

Lol. Good one on several levels. Majestic are survivors as has been proved in the past. Name changes have been more successful for company shares on the way up where they might want to better reflect recent acquisitions in a growing company. On the way down it smacks of wanting to hide the passed or revamp the image. Not often money well spent. I didn't realise they had spent 20 million trying to buy new customers. M&S have just done that with their purchase of Ocado. That hasn't gone down too well. Retail is a very hard place to be right now. There are many more ways to get hold of non supermarket wine now that when majestic set out. Their one real bonus is their tastings, but not always available when I've popped in. With old established competitors like the Wine Society (light years ahead of the game) Tony Laithwaites and a host of others online its not going to be as easy as they have had it previously

Classic volatility before exit probably before Brexit

even that isn't looking to good. Name changes are always a bit desperate: 'Naked', I suppose they know there are already companies withe word naked in the title. Naked nuts being one, not exactly the dogs bollocks

I suppose a 25% rise over last 5 years is the least one expects from a low yielding trust but rarely gets, if it wasn't for the fact it more than halved at on stage. Pretty sure it got into the £4 territory about 15 years ago. I have been trying to explain the basics of investing my sons, namely diversification. Didn't seem to work for this trust though. After a considerable restructure they managed to pull back from an incredible low of around £1.40 Are they going anywhere? More likely down than up I feel. It looks cheap but there is always a good reason for that and looking through some of their portfolio doesn't inspire me. I can see some of their newer investments have helped a limited recovery.

Its a sorry state of affairs. They are closing five stores, one in our town. They have just opened another of their 'mega' stores in Dover which I will have to visit one day. I think what is a real concern is the comment from the bosses ' it's clear that years of neglect are going to make this a long and expensive process to turn the company around.' They can say that again!
In the food market they are loosing to direct competitor Waitrose who had a good set of results up 18%. But in clothes and furnishing seem to be doing equally as bad as John Lewis stores.
Their operating margin has fallen to just 1.5% and now they are trying to spend their way out of trouble with this latest deal. Desperate or genius? I suspect just desperate

typo: not investable

No RI is going to change the fact they are overpaying for Ocado. They have to prove this huge leap of faith is going to pay off long term. Many commentators say they are joining the internet party too late anyway. So it could be they will just end up diluting the falling share price further. The time to buy will be when you believe the figures can justify the purchase which could be many years away if at all. For me they are now investable.

Thats quite an impressive shafting. Is the company really worth £60,000,000 now or is most of it to pay off debt? If they have raised that, it is the the highest capital value NOP has ever had even at £2 per share because there were only 20 million shares then.