Member Info for simon1367

I always think that when UK stocks enter the NYSE they run the risk similar to UK businesses entering the US market generally. The US is so protectionist.

Nevertheless, WISE is a great business. It's a jittery start on that exchange. Perhaps it's regarded as an unknown name and hence the drop. It's a long term hold for me.

I told you so. An I.T having such a cocentration in one stock is asking for trouble.

While a decent bet of a recovery play down the line, the present percentage of declared 'shorts' over the 0.50% figure, is 6.52%. Nine big hedgers. Not good in the short term!

Still not happy about the high concentration in one stock. Perhaps a good entry point now for new investors, but the risk factor is certainly enhanced by relying on the performance of one company and the possible behavioural shift in sentiment regarding its sector

I may be wrong (I usually am lol) but I can only see this going in one direction when it shortly establishes itself on the NYSE. I think the market, given the large rise in the last week, is starting to recognise this. This is a quality company in my view, way ahead of the game. I have already bought but I wish I had bought more earlier. If it goes to Nasdaq, they value these tpes of companies far higher.

Darren123 Indeed. Nevertheless, it is something the markets have not looked upon favourably. There have been plenty of good companies who have had their fingers burnt in the USA. As for other matters, 3i really need to assess the risk of a highly concentrated portfolio. While this has driven a big outperformance in the last decade, it introduces significant concentration risk if Action's growth slows, or if consumer behaviour shifts.

In November of last year when the SP was around £34, I expressed surprise that this I.T held about 75% of it's holdings in one non-food discount chain, that being 'Action'. As I said, the whole point of an I.T in my view is to diversify in order to spread the risk, no matter how sucessful a firm has been to date. I got shot down in flames for stating my concerns. Now, a few months later, with slowing sales growth at its key portfolio company, investors have clearly reassessed the company’s valuation, and taken into account the high-risk expansion to the US market.

Went to my usual initial source of information on a company when the price drops so much. And what I got from HL on todays Wetherspoons share was nothing other than a report about Unilever selling some brands. Absolutely nothing about Wetherspoons. HL going down already after the private equity takeover? Anyway, results not too bad given the state of play at the moment. Will wait a few days before deciding if to buy.

IronKnut The ex-div last year was 10th April (most ex div dates for years has been first or second week of April) . Results are usually the last week of March.

They've already said half way through the financial year that revenue will be down for the full year, so don't expect anything special this month. SP could be an opportunity to buy if you feel they have anything new on the horizon. If not, the growth is limited. I guess a takeover would be cheap for someone. They cut the dividend last time round but it is still reasonable. The dividend in no way compensates for the terrible decline in SP

Has anyone seen a target date for when the main listing starts on the NYSE?

PercyPipe59 I really don't think you've fully researched the whole history of this company, from it's successful inception to today's situation. There are a few on here who do know the history, and know about the, shall we say, questionable dealings of the past by the original founders. Some had your enthusiasm for quite a while and were comforted and reassured by the positive comments that invariably turn out to be BS. Many have learnt the hard way. I suspect you might too. For your sake, I hope I'm wrong.

Frasers (Ashley) didn't have much choice in the matter in order to keep his percentage and influence. It's peanuts to him. Yes he's a maverick ready to pick up the pieces, but he is even more determined to get back at K for past events. For that alone, I wish him success, but unfortunately it won't be for the benefit of small shareholders.

Just peeped in again to see the response from interested parties. Personally, I wouldn't touch this with a bargepole. It's all the same old story. And who are these institutional shareholders confidently backing this to an already figure of £24m out of £35m? I suppose K and Barker are, but what of Frasers? Lenders are tied in and hoping for the best. There was some comment from the board about the turnaround increasing apace.....boll**ks. This, in my view, is in steady decline. Frasers could pounce if this drifts into the teens.

Hjkl.....I agree. They said only a few weeks ago that guidance was on target, so I doubt there will be anything particularly unexpected in the results. It will however take time to recover while this AI hype is over done. It will recover, but it's almost certain it will take a year or two, and not to the dizzy heights of £40+. I still think drip feeding at this level might give rewards later.

LSE2000 is correct to a point in the short term SP, but doesn't appear to understand the quality earnings of the business. The company hasn't been doing nothing to counter future competition. SP2000 is a wind-up merchant and relishes seeing people losing money. It's puerile, but part and parcel of these open forums.

LSE2000 We need sensible analysis on this forum. You appear to be a classic shorter hoping comments on here will affect your position. Unlikely.

You really think that results will be worse than expected when only a few weeks ago the company stated they expected results to be within guidance. Personally I believe the figures will be okay. This is a great company with quality earnings and the drop has been overdone. Thats not to say they could not drop further, but for someone looking for long term growth, this ain't a bad entry point in my view.

I think the fall in SP is down to the general gloomy outlook of overvalued AI stocks and yet Relx is far more than this. A price drop of 5% today appears harsh unless analysts are worrying about the possibility of disappointing results. The I.C magazine's fairly comprehensive assessment last Thursday made for a compelling argument to invest for the long term. When to enter is difficult to work out. Could go lower in the short term. I thought below £30 was attractive, but looking at the charts, we could see some more pressure downwards.

Full page article in the Investors Chronicle giving the Company a positive outlook. They feel the drop in SP is overdone and could be a rare opportunity to get in at a relatively low price. They argue the company is well placed to compete with other less established businesses of its type and has very good quality earnings. I think its still a gamble to get in before the results, given the general economic climate, but surely this is close to being a ressonable entry point.

TAP is Molson Coors Beverage Co. who hold a chunk of FEVR shares.

Now seriously looking at this. Has drifted down too much i.m.o. It reaffirmed it's full year guidance last October, so we can hope for a good set of results in February for 2025. Tempted to wade in at this lowish price

Wise is of course planning to shift its primary stock listing from London to the NYSE or Nasdaq this year to access deeper capital markets, attract more global investors, and increase trading liquidity. It will maintain a secondary listing in London. The move aims to boost valuation and growth. A great deal of investment in people and infrastructure is surely a prerequisite for this to happen. I think this is a good long term hold.. Buy on dips in SP!