Member Info for SlickMongoose

Several directors selling all their PSP shares is a little disconcerting.

Results here seem rather better than the market reaction indicates.

I recommend "The Intelligent Investor" by Ben Graham, in particular chapter 8.

Sigh.

I've never shorted and never will. Not out of any moral objection, but because unlimited downside does not appeal.

However, if there's a stock I really like, I love it when it comes under shorting attack. Because it gets cheaper. And the shorts have to buy back eventually. I made a nice profit from PETS recently by buying in when it was the most shorted stock on the market. Of course you have to evaluate each company yourself and decide whether the shorts have a point or not.

Most of the people who whine about shorting just want someone to blame for their terrible investment decisions.

What a daft idea. Shorting is fine.

So.... myself and 11,000 other people are currently watching a live stream of people rolling dice and moving small painted models around in the largest Warhammer 40k tournament of all time, the Las Vegas open 2019. It's strangely gripping

The game is getting more popular every year.

Kind of annoying how well the share price is doing - I like this share for the steady income, so a 6% yield was nice while it lasted.

Looks like a very reasonable price. Hopefully they can keep buying businesses at mid single digit p/e!

So......... why did they list on the main market in the first place?

The underlying business if doing fine here. I wouldn't worry too much about the share price.

It is interesting that we seem to move with UK-focused retailers. GAW is a very different beast which I don't think the market truly has a handle on yet.

Better late than never, I agree those are excellent results.

"We look forward to updating the market further at our half year results on 17 December 2018."

Errr........

All I can say is - Ouch.

Well, I keep thinking it can't get much lower, but it does. Priced for disaster now at a PE of 5 and a yield of nearly 10%.

Yeah... I might pay 10x earnings, and even then it would be a huge risk. It's trading at closer to 50. Madness. Anyone investing here needs their head checked IMO.

Just massively overpriced. I have no idea how they convinded institutions to pay so much for the shares.

Nothing wrong with aiming high!

I think that if they could get a decent TV show or film made (that was actually good), the share would rocket.

Well we'll see. Last year their growth was helped by the major 40k release as well as several new PC games, so it's a difficult comparison to meet. However, management is investing heavily in further growth, and customer engagement has never been better.

Well, either the entire housing market is about to collapse, or this share is very undervalued.

Nice to see us closing over £40.