The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Seems a good buy to me, $20m for $29m in book value.. plus 300m existing turnover. Seems a bargain on the face if it, just depends how profitable the brands are and how much extra value thg can add to it too pull it up further. I'd have expected more share price movement but maybe that'll happen once it's finalised.
6 years no claims, no convictions or claims. Just live in a crap postcode and need business use on my policy with higher than average miles at around 15k. The sheer gap in quotation is nonesense though, that's the point not my stupid insurance prices because of postcode lottery.
So time to renew my car insurance and I have to say dlg have taken the absolute biscuit. Quoted me over £2500, ended up going with Aviva zero at £750ish with a load of extras added on, even Hastings were trying it on with a £1500 renewal that they then suddenly managed to knock £500 off. Insurance system is pretty broken, just hope this means we see good rev and profits if they are getting enough customers through the door...
Could be considered competition since they sell clothes. Wife was looking for something other day and noticed temu popping up in the shopping bit with cheap products. Similar to how shein operate.
Just wondering what everyone expects for tomorrow?
I'm not expecting anything exciting, just hoping new CEO doesn't come in trying to kitchen sink it on his first outing. Also for signs of recovery and a move towards profitability.
We should be getting a trading update soon, usually get one in Nov and full year around Feb time. I'm personally waiting seeing if they increase the div or maybe do more buy backs.. you're right though it's getting close to party being over, energy is getting cheaper and if it continues to fall competitiveness will start to appear. Looking at uSwitch today and it appears there's now suppliers offering deals which you couldn't find a few months ago but they don't look all that attractive compared to what I'm on already.
They say they've cleared 84% of £1.1bn aged inventory obviously that will be a loss in revenue they can't replace under the new model. What that looks like in terms of rev no idea but you can't or I wouldn't expect them to replace loss generating rev just to avoid a decline. Also maybe they've factored in the sale of top shop who knows. Anyway maybe I'm too optimistic and the share will probably get battered but that's my take on the rev loss.
Is starting to look enticing with all the distressed company shares they are investing into. Might be food for thought for those not wanting to dip a toe into the risk here but benefit from the upside in a few years time. Might not see big multiples on your investment but it's starting to look appealing given the general strength of Frasers so seems fairly low risk.
Was in the range the other day and seems they are installing an Iceland. Just found this about it seems 85 stores are getting an Iceland... Let's hope MP gets a showing in them too!
https://www.therange.co.uk/iceland
Read an article today saying they expect interest rates to stick for 2 years and that we won't go into a recession because wage growth has been higher than expected around 7.7% I believe. As long as people need to wear clothes and have some disposable income well be ok. Yes share price is in the dump but give it a couple trading updates and see where we are. More positives than negatives working for us ATM.