Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
https://www.bbc.co.uk/news/business-65322972
I think that it was the "Every Lidl helps" that gave it away :-) Sorry, but what a joke! So you can't use a yellow circle for anything because Lidl own it. You must be joking!
Anyway, Lidl stole their logo off Dell. Both have components that appear to be falling over. Just like my Dell laptop!
I'm hoping for an uplifting RSN from the new CEO.
Perhaps they will now expand their scope to include news/TV media.
Expanding in this direction would surely turn this company into a mega-bucks entity.
The new CEO seems to have experience and contacts that he could leverage.
My advice: never stand still, always be on the move. There are always new horizons to navigate, if the will is there.
I'll be watching with interest.
Cringe worthy RNS.
"winning culture", "performance management".
What it all means is that the people with the privileges are going to screw the rest. Not a healthy culture at all, in my opinion. A healthy business environment requires that all participants benefit, not the few at the expense of the many. I see the end of the Roman Empire coming down the track at speed. I will not be investing here, although I might take out a short just for the hell of it. Bring back the Emperor! I foresee a hatchet man being employed followed by a failure to fullfill contracts due to insufficient intellectual resource. All my opinion.
I note that JP Morgan Cazenove maintain their rating at 2510.
Marble Bar Assett Mangement have already made a killing by shorting here. Will they be trying to cash in some of their hand ahead of the new CEO coming in? I'd think so. Signs of some shorts closing and pushing the price on? Lets see what happens tomorrow. Might see a 5% rise. But I can't predict the Future. I'm only here for the pun, by the way.
Yes, but during the start of the previous recession, so particularly relevant in its observations.
I would also add a speculative note that people tend to keep some luxury items even during a downturn. They like to have these items to cheer themselves up in spite of the economic gloom. This has already been shown for some items in people's grocery baskets. So may be worth a speculative punt at this level. My opinion only, but a weighty one. Will be watching for an uplifting RNS from the new CEO after March 31st.
See article "Magazines in a Recession" https://www.inpublishing.co.uk/articles/magazines-in-a-recession-1726
I think that the Jefferies statement forgot to mention that the whole point of the acquisitions is to leverage economies of scale. If sales are flat, that's not the point! You still increase your profits through the aforementioned economies of scale. Economics 101.
*correction: read "Jefferies" instead of "Berenberg" in my last post. Good job they're not paying me for this cr@p :-) * Berenberg are veering on the positive side for this company (Future).
Marble Bar Assett Management appear to be a fairly aggressive investment company and have increased their short on Future. The company has not always fared well; previously it has lost millions in its strategies. Lets see if they've got it right this time. I still note that the relatively negative statement from Berenberg appeared just after Marble Bar increased their short on Future. Must be just a coincidence, I imagine. I wonder how much pressure Marble Bar put on its operatives to deliver a fast buck and if this could be their own undoing. DYOR AMOHO
*...with it?*
If we took the £8m that we took from Zillah and divided it between all the shareholders, that comes to about 7p per share. Hardly seems worth it, particularly when you consider that she would have only ended up donating much of her millions to charity in the end.
The share price took a big hit as a result of Zillah leaving.
Anyone know if she was planning on leaving anyway, or did the loss of the proposed £8m have anything to do with it.
A lot of big trades went through late yesterday. Shorts closing? Are we ready to move back up again? Who's in the know, I wonder. Someone with connections, no doubt. Who can predict the Future? Someone seems able. Almost time for a revealing RNS that no one knows about in advance, I suspect. Catch my drift? As usual, all my own opinion.
Too late for a reply from Vas, Phil. Delhi are 5½ hours ahead of us, so he'll be wrapped up in his cozy chadars by now.
Just on time, Berenberg Bank, on the same day state a target of 1,780. Makes one wonder why Jefferies have suddenly waded in at 1300, looks very suspicious to me. I wonder if there is any relationship between the latest short being taken out and someone, somewhere, somehow, but without attaching any suggestion of impropriety at all, I should add. All just my own imaginative opinion, of course.
Ha, I laugh at Jefferies. I wonder if anyone from there has actually visited Future in person and spoken to them in any depth. I know that other major fund holders have done this and found that their business principles are sound. GLTA and keep the faith. DYOR As you say KC, monkeys might do better than scaremongers after a quick buck.
There's no smoke without fire, or in the case of vapes, there's no steam without heat. Getting past the Covid austerity is a big step. I can only see an upside from here barring global tragedy. 100% price rise (on paper) for the millionaires who invested here just shows you how people who are rich get even richer quickly. In comparison, I'm just a happy bum.
I thought that she was trying for about £40 million. I guess that no pay = no stay. This company is a breeze and has approx 1 in 3 readers in the UK and USA ( https://www.cityam.com/publisher-future-given-bloody-nose-over-executive-pay-as-profit-surges/) . Work it out for yourself!
Just checked, it was her birthday on 18th November, so this is a bit late. What are you playing at admin?
I didn't even know it was her birthday! She should stay on. Maybe she will change her mind about leaving next year.
The latest figures for inflation are hitting the market hard at the moment.
I don't expect the government to bring anything new to the table tomorrow and when the market sees this it will no doubt have a negative impact.
It always seems worse when you actually hear the announcement to when you just anticipate it.
This could prompt a rapid drop in the market: the market is just looking for an excuse for a massive downward run.
Black Thursday possibly. I'm usually so positive as well!