Member Info for WolfofWarks

Poo - That’s a theory there’s little evidence to support it.

We’ve known about increasing inflation for possibly six months. Btc should be flying, possible hitting the £100k many have predicted.

This is the thing about crypto and the theory that it’s a hedge against inflation. It falls along with the rest of the market.

So no matter how bullish the ‘experts’ are when there is a general fall in the market crypto isn’t a safe haven.

The general downtrend is more about the rotation to value that’s going on. Any share that’s dependent on future growth is getting battered at the minute. All the traders are moving into defensive or moving to cash.

What happened Ed here then this afternoon?

I topped up this morning at 95p and was grinning like the cat that got the cream?

Lol minimum does not mean guaranteed ffs …

All these cost pressures, inflation, etc, are hardly unknown we’ve been chatting about them in here for months, but they are temporary factors.

Clearly the distribution centre in the US needs to be expedited if we are to gain a foothold there, we’re currently over exposed to logistical headwinds, that part of the business in very much a work in progress.

Buy a share with good fundamentals when it’s beaten down and bide your time.

Not good news for bricks and mortar retail

https://www.bbc.co.uk/news/business-59667605

Most shares are owned by institutional investors, so hedge funds, insurance companies, big banks, hedge funds, etc, and are truly global so good knows how anyone knows who owns them.

If I buy a stake in an ishares eft (American) and they buy shares is that an American or British purchase?

Come on Kallu stop dodging the question.

How long have you been invested in ABF and what’s your average?

People only looks at what’s happening now and not what’s ahead.

We’ve got bug cap ex spending going on in the states to boost the business there and cut down on costs. It’s not a quick fix though it’s going to take time.

For me this is no longer a trading share unless you are short. It’s a medium to long term hold.

With regards to buying a buy to let I can’t seem to make the numbers work for anything other than a really long term capital gain. I’d probably look at it again once I’ve paid my mortgage off in hopefully,five years or so.

It’s very difficult to draw an income off though. 3% extra stamp duty, higher rate tax, management fees, maintenance & associated costs, etc, as well as a mortgage which a rate most likely over 3% make it really tough.

I’ve been to bodrum with was horrible and put me off turkey big time.

Then one if my mates got married in a lagoon called oludinez which was lovely, really European as well.

Gambling stocks are dropping. As much as the opportunity in the US looks good the customer acquisition costs are very high and it’s unclear at this moment whether or not those newly acquired customers are actually profitable. I’m in Draftkings as well which has been completely battered on this.

I too am unsure of why we would acquire all the shops but keep faith that this is a smartly run outfit and will continue to be so.

It’s encouraging to see the calibre of names taking up our offering.

Massive companies with massive marketing budgets seeing the potential.

Put this in perspective they warned that margin would be 9% rather than 9.5%.

Kallu - what’s you’re average in ABF?

How long you been invested?

That’s never been the case with this company because revenue is second half weighted.

It’s greater fool theory

Neon - Tax is paid on profits. The fund raise sits as share capital on the balance sheet.

All investors should acquaint themselves with at least the very basics of financial accounting, ie learning how to read a profit and loss account, balance sheet and cash flow statement otherwise you will never be able to understand the performance of your investments.

Jesus Earl surely you have seen other deals that have been announced and no revenues presented.

They most likely don’t know them yet as this is a concept - one that has now been bought into by an AAA developer.

Draper might not be everyone’s cup of tea but I doubt he’s a clairvoyant.