Member Info for travesties

Even GB News knows they're just a vehicle for (far) right propaganda, like Fox news. They'd be bust without hedge-funding backing. Minuscule audience.

Most people don't want Reform's fantasy finance or the chaos of Liz Truss or BoJo's partying and VIP fast-track COVID corruption.

But we do like our GREGGS and that's what matters !!!!

Time to shift from rhetoric to reality?

"ITV is now a leaner, more digital business in a strong position to compete and succeed in a changing market. We have the agility and capability to make the most of new revenue opportunities while driving profitable growth, strong cash generation and attractive returns to shareholders."

--- Carolyn McCall, chief executive of ITV.

Is the bid really only worth £1 billion after debt? (28p / share)

Admittedly the business barely makes a profit:

"ITV's M&E unit made revenue of 955 million pounds ($1.28 billion) and adjusted earnings interest, tax and amortisation of 35 million pounds in the six months to end-June, the company reported in July."

Is this a fair assessment? £1.6 billion sale is worth 45p per share, so not a great deal? After today's jump that would potentially leave ITV at 115p

One newspaper today called it a "rescue bid"

Is it really that bad?

Will be interesting to revisit this comment in 6-18 months !!

I'm fine with a 150% Rant Tax. Thanks for the offer: wish I'd though of that.

BREAKING MEWS: Rachel Reeves imposes 75% Rant Tax on staleyb.

STALEYB: rant, rant, rant ... Do you work for GB News?

Staleyb: Just get a job, my dear. Your political rants are as tedious as they are irrelevant.

Labour delivers (min wage)?

Labour delivers !

Don't expect any stock price recovery until these matters have been clarified and confidently resolved.

"A further update on this matter will be provided alongside the Group's interim results, which are scheduled for 13 November 2025."

"For the full year, B&M has slashed its forecast for adjusted profits to between £470m and £520m, down from the previous estimate of £510m - £560m.

B&M says it intends to commission a comprehensive third-party review of this matter, addinng that Mike Schmidt is stepping down as its chief financial officer, presumably carrying the can for this blunder."

We've hit sub 200 quicker than I'd predicted (so many times).

"Approximately £7m of overseas freight costs not correctly recognised in cost of goods sold, following an operating system update earlier this year."

This is the part that's most worrying:

"we reaffirm our assumption of a second half UK LFL percentage growth rate of between low-single-digit negative and low-single-digit positive levels."

Probably worth a small flutter sub 185p ?

Lots of private investors will rush in sub 200, hoping for a quick return, or to lower their average.

However, throwing good money after bad is not often a good investment strategy.

There might be glimmer of hope if B&M floats above £2 this week. CFO resignation is VERY BAD, VERY BAD (as Trump would say). B&M will be weak now weeks, maybe months.

Let's hope it's not a death spiral?

Nerve-racking day for shorts ?!

Latin proverb: audentes Fortuna iuvat ("Fortune favours the bold" )

Easyjet PLC

" Given current market and economic conditions, Barclays maintains a preference for low-cost carriers (LCCs) over traditional "flag" airlines "

Aegean -- overweight

easyJet -- overweight

Jet2 -- overweight

Ryanair -- overweight

Wizz Air -- overweight

Although airlines hedge fuel prices the lower levels of recent weeks will eventually feed through to lower costs.

Thou shalt be eternally grateful to Donald Trump for bringing eternal peace to the middle east, to the world, nay to the known universe ...

British Retail Consortium (BRC).

High Street footfall decreased by 2.5% in September (YoY), down from +1.1% in August.

Retail Park footfall decreased by 0.8% in September (YoY), up from -1.1% in August.

Shopping Centre footfall decreased by 2.0% in September (YoY), down from 0.0% in August.

B&M most likely will test 220p (or lower) again?

STALEYB: Your Far Right Propaganda posts are so TEDIOUS and so REPETITIVE. Stale fodder for idiots...

Senator: Net new stores up by less than 2% is not exactly "aggressively expanding".

Rise in min wage and improved job security and fewer people working at home are all poz for Greggs' demographic?