The latest Investing Matters Podcast episode with Inclusive Asset Management's Alexandra McGuigan has just been released. Listen here.
We visited a seaside town at the weekend. JDW with 3 sites and business was absolutely booming. Both food & drink. The poor relation RBG only seemed to be selling ‘happy hour’ ****tails. I have my doubts about survival here. Pint of Guinness plus G&T was £5.00 more expensive than a direct competitor. No longer take cash (this is Blackpool) not West London. Guinness tap playing up. Not a good experience.
I do get the feeling that the BOD are really good at their job and have shareholders best interests at heart. Nevertheless, this seems like a wee bit of a 0-0 draw, to use a footie metaphor, or a little ‘one paced’, to use another from my riding days. Things just don’t seem to be going anywhere other than sideways ! So it leaves me wondering whether they are too ‘perfectionist’, in looking for the perfect next deal. Whilst markets have moved ahead - holding here feels like a very long wait and I can sense the frustration in the posts of others. Advice on ‘stick or twist’ anyone ? SB.
Zumore has good points. Harsh restrictions are ruining businesses. Tables
and table service rips the souls out of JDW pubs. They are not everyone’s cup of tea but the best value full English washed down with a pint of San Miguel on a Sunday morning in the city. I have observed lots of single drivers fully masked over the last week or so, therefore I would agree that the shackles are on and for the time being, we are all doing as we’re told. Long live BBC.
I have used these pubs in the past but no desire to enter one for the foreseeable future to eat or drink sadly. Personally I think that regulars will not complain at an ‘across the board’ price hike. Otherwise I was thinking (please correct if wrong) that until things stabilise, and who knows when that will be, if each of the 900 approx pubs profit falls by just £1k each per week, this will surely wipe out virtually all of projected nett profit. £45 million ?
On the face of it this looks decent value. The share price is volatile on low volume. The Consultant (sales person) will visit a prospective business owner (often at home) and give an ‘on the spot’ good valuation of your business. There is no particular appetite to view the business or premises, but a fair amount of pressure to shell out many £1000’s upfront on the promise that a buyer may be found some months down the road. People that do not sign up will be canvassed regularly. The cynic in me says that this business model is more about the upfront fee than selling the business. Yes, there will be commission when a buyer is found (further revenue) however my guess is that this model and the K3C share price performs at it’s best when new businesses are being signed up weekly, rather than being sold. May dip my toe in the water at £1.00.
That rally was short. I won’t tell the Mrs. I remember a very long time ago buying a very nice fishing rod. Cheque or cash then. I filled in cheque stub ‘unit trusts’. She found the rod 6 months later in the garage. Can’t quite remember my response but I obviously wriggled out of trouble ! GLA. SB.
Been looking to put a few of these away for a while. As we clearly follow USA markets, I can see this sub 40 pence before the rout is thru. Watching CNBC last evening the so called 'experts' reckon there is another 20% downside to go. Truth is, nobody knows. However shares like this in Media, Hospitality, Airlines & all the others will get hammered disproportionately. Can't even place a bet these days because nothing to bet on ! Poor Paddy Power, Betfair, Ladbrokes etc etc.
Good Afternoon from Dubai. Having a little well earned Christmas break with family. Would anyone wish to make a prediction what price we will be at on Christmas Day 2020 ? Wishing all regular posters (bar one) a prosperous 12 months, and thanks for the positivity and faith you have shown on this board. Off for a legal ****tail ! GLA. Stableboy
I say good for you BUR and your law team. And another income stream may be to offer a service to all other companies who fear they are being shorted when they know full well there is no good reason ! Maybe charge a nominal fee and assist with a similar statement to your own at 7-00 am today. Then maybe these ‘Timeshare’ people might have to switch their preferred drink. This might help to clean up the system and assist us honest investors.
Doom seems to be appearing on this board in recent days. Yes, I am down but not out and intend to see this through to whatever is playing out. It’s the upbeat messages from NewKOTB that help me to remain positive. A few people know this Co very well such as Mommur & others. When I used to rise at 4-00 am 7 days a week to ride out, you can imagine the atmosphere on days when it was 5 below zero and freezing your jodhpurs off !! Then one day out of the blue the stable all shared a 20/1 winner !! Parties like those were priceless, especially on a Saturday night. Those days are over for me now but I can really feel something similar is just round the corner. Just like Turf earlier BE PATIENT. Something is brewing and I believe the outcome to be a sweet one. Let’s stay for the party, it’s surely coming soon. SB.
Another investment that surely makes sense, once out of suspension. This one has been on the ‘Energy’ radar for a while and looks like a stunning investment for you very lucky shareholders ! Best of luck all of you. Hoping to join the party soon. SB.
Ha Ha. Very useful insight on MM’s. I think that goes a long way to answering my earlier question in that the more volatility, the more trades - whether buys or sells they don’t give a **** as it’s job done. Appreciate your time. SB.