focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Can't see competition regulators allowing an Amazon takeover, despite the fact they have historically allowed Amazon to sweep up all their competitors. If the fair value = £15.50 / share, then there seems to be a lot of scepticism about a bid worth 800p ?
8 June: Barclays has updated and increases its Price Target for VOD = 115p. Gain = 60%
Time to top up?
Just remind me what the Book value is for VOD?
Think they're at the bottom. Safe bet. Excellent dividend stream.
I'm with BARCLAYS on this one: 2500 price target.
Problem is the low dividend and low asset value?
Shorts failing to dump the shares. Easyet no skidding down. They're not piling in for the predicted 25%+ drop. Time to TAKE-OFF with UBS toward 600p ?!
The book value of a stock is theoretically the amount of money that would be paid to shareholders if the company was liquidated and paid off all of its liabilities. As a result, the book value equals the difference between a company's total assets and total liabilities. Current Book Value/Shr = 166p—173p.
Any takeover would be close to the current asset price. At least 160p, maybe more?
Wow. Watching VODA rocket!
Small investors shorting the stock have been routed!
"While traditional TV ad spend is poised to be the biggest loser next year, broadcasters will retain much of the budget cut by attracting money to their digital streaming services. More than half of companies involved in the survey said that they expected to increase spend on services such as ITV’s new streaming service, ITVX, Channel 4’s All 4 and on connect TVs such as Samsung."
https://www.theguardian.com/media/2022/nov/21/two-thirds-uk-biggest-advertisers-cut-television-spend-digital
Isn't there a 4.59% short interest. Looks like that was a bad bet. Expect they'll all want to get out of those positions, thus driving the share price back to 120, very quickly. More UK Budget U-turns gives us 130, or higher.
Drop in short positions indicates that ITV has shown its bottom! Time for the big pull-up? Only thing holding us back is ...?
New price target 2366 ?
insurer Admiral was the worst performer, down 14%, in a negative read-across after smaller rival Sabre Insurance issued a profit warning. FTSE 250-listed insurers Direct Line, Hiscox and Beazley were off 9.2%, 2.2% and 1.9% respectively.
Sabre shares were down 36% after the motor insurer warned inflation will have a bigger effect on the underwriting margins of its core Motor book than it had previously assumed.
For the six months to June 30, pretax profit slumped 81% to GBP4.3 million from GBP22.2 million a year ago. While gross written premiums increased 17% to GBP91.8 million from GBP78.2 million, the net loss ratio widened to 72% from 45%, and the combined operating ratio worsened to 99% from 74%. Any combined ratio below 100% indicates underwriting profit, so the lower the better, and a ratio of 99% is bordering on loss-making.
In May, the firm had said it expected the combined ratio to be around 80% for 2022. Looking ahead, Sabre expects to achieve a range of between 75% and 80% in 2024.
In addition, Sabre still expects to pay a dividend for 2022, but one "at a reduced level", before returning to "more normal" levels in 2023.
Any fall below this level likely to be short term. I'm going in big for this one.
24-Jun-22 Deutsche Hold 570.00 490.00
POLY goes ex/d on 5th May. Will any dividend be paid? Is it allowed?
On day 1 of the Crisis I predicted a range of 3p to 13.7. Sounds like we could hit 14p today?
Liberum Capital 10/12
Under review
Hold
Liberum Capital 23/11
Reiterates Hold 35.00p