The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I was talking about the BA response you tool, it was impossible to speak to anyone or obtain further information on-line or in person. Not the exact response you would expect from a National Cartier.
‘All sorted now and just a back log’
I am one of 600 people stuck in Rome and I have to say that the service was absolutely dire that we received from the Italian staff (Non BA). All they could say was “check your emails from BA”. I just feel sorry for those people who do not have International Roaming or reserves to book a hotel. I am travelling business and I was told do your own thing, we cannot cope. Fortunately , I can do my own thing, and booked into the Hilton at Rome for 300 Euros a night, but the BA magic has gone. I can remember a time when BA used to have their own staff at Fiumicino airport. There is one thing for sure chaps, there is a big claim coming from me, regardless of the ‘outside of our control s-hite”. I must have spent 2 hours trying to contact BA staff on-line and phone this morning, but to no avail. Sort ya fecking Sh-ite out BA, Lufthansa are kicking lumps out of you. A disgruntled IAG major stock holder.
Well what would you expect from Aled, his voice hasn’t even broken yet!….
Grayling: Tell ya pal he is a Wuzz and by your comment you know feck all about watches my friend.
I wear mine all the time in Manchester, Liverpool and London. Infact, I will be wearing it in Rome this weekend. If someone wants my watch, they will be taking it my off my cold limp wrist.
grayling: the demand for rolex s/s sports’ watches will never abate. the reason why they are in demand is the price. you can buy a rolex sub date for 8100 quid, which is great value for money for a magnificent time piece. i have worn mine in the slums of new delhi and mumbai and never felt intimidated. the only problem is that you cannot buy them, hence why you need to cultivate relationships with ad’s to get on the list. if i spent a 100k on jewellery for the mrs, i would get on the list for a pepsi. if you spent 500k you would get on the list for a daytona, that is how it works. the wos group need rolex. ps: those who know about watch understand that really wealthy people wear patek! ****ed that i missed 28% this morning.
I am surprised at the drop, one thing you have to remember is that to buy a Rolex S/S Sports watch you generally need a relationship with an AD. A relationship is buying jewellery to get on the list, I know because I have done it. If Rolex were to limit the amount of watches that they sell to Wos, it would have a dramatic effect on other business. The sports watches are the real attraction for footfall. Ask any assistant who works for a Rolex AD how many times they get asked for S/S sports watches in a day? That said a 100 stores is a blip, but I can concur with the concern.
You play safe Rouge and leave the money making to the risk takers. I just took another 11k’s worth and now have 250k shares. The Mcap is now 310 Million with a p/e of less than 3. If this game was all about fundamentals, all accountants would be rich. I see value in these shares and are worth every penny of 30p.
It is funny thing fear, it makes you do illogical things like sell and panic. I just took another 10k’s worth, it is the summer silly season, there is Mobico and a few others with crazy valuations at the moment.
“Under a labour Government, I can see this hitting 5 pound a share’. You must be taking some powerful drugs, the most it ever hit was 151p, a year before Covid. It is a great business, but still looks frothy to me, I am waiting for it to get back down to 27p. They work on low margins and depend of high turnover, when that stops things will start looking a bit different. Their competition is a bit more nimble with lower overheads, it will see 25p before a fiver!
I hear that s-hite all the time about a seller in the back ground off-loading, they have been saying that on the Asos board for the last 3 months and guess what, no seller, only Mash loading up. If you look at the number of shares that are traded on a daily basis and forgetting that some of those shares have been rinsed more than once, it is feck all compared to the Mcap. This is how the game works, the tail wags the dog, nervous PI’s sell, traders trade, and the Algos set the price whilst the MM’s try and feck the system. I will give it a couple of months to see where we are, I am hoping for 30p, and one thing is for sure, I am not nervous about losing all my money in Capita, compared to those crazy Aim shares this is safe as houses.