Member Info for zebbo

Hahah, why not just say its going to zero and you can stop posting non value add comments

Interested in how the business model and rev forecast is evolving re the current longer term move from seats to direct AI consumption/decision making. I only see our AI offering growing, particularly via our AI tooling

Based on SP action I expect Rel to provide further insight on the AI aspects ie strategic partnerships (e.g., integration with Harvey) also Rels positioning on collaboration with emerging AI platforms to extend product reach & revenue

My ramble on the current status

The market is currently pricing RELX as if it’s a victim of AI disruption. In reality it should be a structural winner. The disconnect between the current valuation has been driven by a fundamental misunderstanding of the "AI Plumbing" IMO. This is nothing to do with balance sheet, Im sure RELX CFO has a far deeper understanding of the financial mechanics that some BB posters (no offence meant)

Looking at the Data Moat. AI is Not the product, it’s the Engine that REL are exploiting. Most investors treat AI as a standalone disruptor. At the enterprise level, AI is only as valuable as the proprietary data it processes. RELX doesn't just sell info; they own the high-integrity, multi-decade "Data Moat" that competitors cannot scrape from the open web.

2. As Generative AI (GAI) scales, the "Hallucination Problem" makes unverified data dangerous for professionals. THisw will be a mass issue without the prop data REL provides the Reference Data required to ground AI. GAI will actually increase the premium on Rel’s verified data because it serves as the essential "source of truth."

3. IMO we are seeing a classic "liquidity flush" fueled by emotion.Investors are fleeing due to a lack of technical understanding of how AI is engineered at scale. While the herd panics about "AI replacement," they are missing the integration ie how Rel’s tech stack already plugs AI directly into our high-value workstreams. If you don't understand the data, you don't understand the AI. Claude still requires reference data that only RELX owns to avoid hallucinations. The market reacted to the tool (the engine) while ignoring the fuel (the data) Rel is now being sold at a massive discount. Focus on the moat, nothing has changed.

Claude still requires reference data that only RELX owns to avoid hallucinations. The market reacted to the tool (the engine) while ignoring the fuel (the data)

On Relx, JPMorgan analyst Daniel Kerven attempted to placate investor fears.

"Relx is not a software business that is going to be eaten by AI," he claimed.

"It is a data and analytics company. Its value is in owning, curating and licensing authoritative information, and applying technology to its data to provide analytics and models that help the decision making of its customers. Whether decisions are made by human professionals or automated AI workflows, Relx will remain the trusted source of the underlying data, content and analytics that those decisions depend on" he wrote

Interesting to hear why Amazon are investing so much. They ain't thinking about enterprise software. Its more robotics, self driving cars etc

Industry experts agree the Sell off is unwarranted. Problem as discussed, is the heard mentality of IIs & PIs. I'm 100% confident we will bounce back. Agree Thursday update is more important than ever

Typical GEO joke, well it is Friday

Divi in the bag, so free to sell if you so choose

Many are saying this will be like the Nvidia / Deepseek moment - knee-jerk reaction followed by an injection of reality

Ive pumped another 100k in, feels like we at or around capitulation

As I say, who owns the data has the keys to the engine. Not some plugin assistant, thats the commodity end IMO

Haha, Im down 80k now, nothing to laugh about, but will hang fire until results

AI & AGI needs proprietary data ..simple as that, dont care what they produce

At the end of the day, they may start buying up companies like LSEG, REL etc to own and licence the data themselves. They will be desperate to prove they can make some money to support crazy valuations.

If the AI bubble bursts..........!!!

Agree. At the end of the day we own the proprietary data. Trusted data is part of the fabric for most if not all companies that use our data. Its not just a case of switching provider. However we are direct provider. Assume we can "white lable" via licence to AI companies if we choose

Just want to add a little more colour amongst the unfounded panic

Anthropic’s AI models (e.g., Claude) can be used by legal tech platforms such as LexisNexis’s AI tools — but that is a model usage/integration decision by RELX, not a corporate partnership linking the companies.

RELX/LexisNexis use a multi-model approach in their AI products, meaning they can select different underlying AI engines (e.g., Claude, OpenAI models) depending on task and context, embedded within LexisNexis workflows.

This rate we will be ZERO by results...... :-)

I am down c£60k now within the month....Sell now, no chance. Im not scared to take a hit but firmly believe that Relx have the keys to the AI engines

Look - Anthropic’s AI-powered productivity tools for legal teams (like plugins or enterprise features built on Claude/Cowork) are NOT the same as the AI legal tools developed by RELX (through LexisNexis) - if thats what todays panic is about.

Relx will have to come out and be very clear around AI and how we fit in, obviously investors mat not be getting it. As I have said before shoot first ask questions later.

Timbob

Agree with point 1 and thats what I was inferring to, remove trust status

Point 2 - "85% of profit/taxable income HAS TO be distributed to Shareholders. This is a fundamental not an option". Think you will find it is possible to change the 85% ie remove fund status, back to point 1

Selling assets to pay divi is a zero sum game as an investor ie whats the point, added to that we have £200M Preference Shares with a c£290 mcap. We need some "real" growth to avoid an "eat yourself slowly scenario" ie need to sell stuff off piecemeal to support divi. We are already in breach of preference share gearing covenant.....Anyway

I fail to see a way forward from here other than drop trust status, drop divi and grow as an operational asset. Alternatively, wind up.

How realistic all this is Im not sure. Lets see what the strategic review reveals (due in the New Year), the managers are running the show!!!

10k by April, hmmm wonder if mr AI is keeping up with the market dynamics.. :-)

Metals have become the gamblers new crypto - illiquid markets = high volitility.

Nice to see we have no metals uplift in value attributed to our SP...lol

Was supposed to be Jan !! NESF have no room for manovour. Divi cut, is the only way can cash for any sort of growth. They have also failed to recycle assets

IMO they will raise the sale board

Long term for me, great business. The AI penny will drop. Lets hope results will draw a line under current weekness, feels like US are calling the shots and we really should have our primary listing there. We take the downside, but are not US rated on the upside = so we have lower highs and lower lows :-)

That aside heavy selling volumes yesterday have eased today, maybe end of month adjustments

They aint going to defend the SP. If there is more selling and the SP drops naturally, they may step in and buy. Otherwise you are just forcing the SP up and getting less value via the buyback. Basic accounting

Lots of things up in the air, more clarity on the current situation + forward plan. Im sure there will be comms soon....