What’s your big gamble? (Volume 2)
Discussion
500 Miles said:
I’m edging towards putting my AA proceeds into RBG... will need to review their accounts and ar before that I think.. was looking at RBG again last night and the leadership have previously bought in at higher levels, as well as investing during the rights issue - not huge levels but decent amounts.
500 Miles said:
petemurphy said:
This may have been covered before but re SKIN i am loving the bullish tweets at the mo and have upped my stake but still dont know if I should get into MWG?
what are peoples thoughts? might as well stick it all in skin or is there a reason to have both etc?
Thanks
I’ve got both - although have 4.5 times as much (by value) SKIN than MWG. I bought them roughly at the same time and SKIN has increased by 29% whilst MWG has increased by 5.7%. what are peoples thoughts? might as well stick it all in skin or is there a reason to have both etc?
Thanks
Also have AVACTA (half of my MWG holding) and it’s up by 7% - AVACTA have an agreement with SKIN and MWG.
No idea what the right answer is - SKIN seems to be the one that has the most potential, although it’s not 100% obvious..
Though not invested, I expect AML to have a good week. New boss starts and DBX reveiws come out. Good luck to all of you still in.
GGP should do something Friday morning at open following the results from partner company Newcrest on Thursday night. Fingers crossed its up and a lot! (It may just be a tickle until the proper GGP estimate is released later in the year though.)
Aa can f
k right off.I sold at 23p ages ago having got bored... Im terrible at this game.
GGP should do something Friday morning at open following the results from partner company Newcrest on Thursday night. Fingers crossed its up and a lot! (It may just be a tickle until the proper GGP estimate is released later in the year though.)
Aa can f
k right off.I sold at 23p ages ago having got bored... Im terrible at this game.911pleb said:
Aa can fk right off.I sold at 23p ages ago having got bored... Im terrible at this game.
AAk right off.I sold at 23p ages ago having got bored... Im terrible at this game.Same here, I bought in early May, sold in June for a small profit. I was never happy owning a company with so much debt when I cannot see how they can accumulate so much debt doing what they do. Surely all vans, offices etc are pay as you go not up front capital?
I have no idea why there looks to be a looming bidding war for AA, how are they going to grow it post acquisition? Whatever the debt is now that will grow by the purchase price (private equity companies ime just borrow to buy businesses then load that business with the debt making it even more indebted and thence even more untenable).
If you can make money by selling in the run up to the sale then good for you but I'd not hold post sale if I was you.
(That said what do I know with my inverse midas touch!)
MikeStroud said:
AA
Same here, I bought in early May, sold in June for a small profit. I was never happy owning a company with so much debt when I cannot see how they can accumulate so much debt doing what they do. Surely all vans, offices etc are pay as you go not up front capital?
I have no idea why there looks to be a looming bidding war for AA, how are they going to grow it post acquisition? Whatever the debt is now that will grow by the purchase price (private equity companies ime just borrow to buy businesses then load that business with the debt making it even more indebted and thence even more untenable).
If you can make money by selling in the run up to the sale then good for you but I'd not hold post sale if I was you.
(That said what do I know with my inverse midas touch!)
Got to remember it was floated at 250p iirc and has reduced the amount of debt since then. Debt is now much cheaper to refinance... Same here, I bought in early May, sold in June for a small profit. I was never happy owning a company with so much debt when I cannot see how they can accumulate so much debt doing what they do. Surely all vans, offices etc are pay as you go not up front capital?
I have no idea why there looks to be a looming bidding war for AA, how are they going to grow it post acquisition? Whatever the debt is now that will grow by the purchase price (private equity companies ime just borrow to buy businesses then load that business with the debt making it even more indebted and thence even more untenable).
If you can make money by selling in the run up to the sale then good for you but I'd not hold post sale if I was you.
(That said what do I know with my inverse midas touch!)
Benbay001 said:
Volume 2? Where did the time go?
Did i miss anything interesting recently?
We all became billionaires on the back of AA... Adam’s wheelbarrow is now so big it’s one of the only things you can see from outerspace.... Babcock didn’t go down one day.... we ‘lost’ our ceo at idp Did i miss anything interesting recently?
Apart from that, it’s been quiet.
911pleb said:
Though not invested, I expect AML to have a good week. New boss starts and DBX reveiws come out. Good luck to all of you still in.
GGP should do something Friday morning at open following the results from partner company Newcrest on Thursday night. Fingers crossed its up and a lot! (It may just be a tickle until the proper GGP estimate is released later in the year though.)
Aa can fk right off.I sold at 23p ages ago having got bored... Im terrible at this game.
I think you’re right on AML - Will be interesting to hear how healthy the orders are for the DBX, a 12 month waiting list for a £200k 4x4 must have a positive impact on the shareprice.GGP should do something Friday morning at open following the results from partner company Newcrest on Thursday night. Fingers crossed its up and a lot! (It may just be a tickle until the proper GGP estimate is released later in the year though.)
Aa can f
k right off.I sold at 23p ages ago having got bored... Im terrible at this game.I don’t expect the reviews to be anything else but positive. At that price point it’s up against the Urus (drives great but looks too much like an Audi for £200k), a Bentaga (mmm,.. a bit plain), a Cullinan (too much like a London taxi), or a Range Rover (too ubiquitous).. the DBX is expensive but like many of Astons cars they fit a niche of being high end, sporty but not overly flashy - I.e. you could turn up to a client in them without the client hating you immediately.. apologies to anyone whose car I may have insulted
Q&A with Cineworld CEO - https://uk.news.yahoo.com/q-cineworld-ceo-opening-...
Released after markets closed - not a hard hitting business interview but relatively optimistic.
Apologies for spamming!
https://finanz.dk/amc-entertainment-holdings-amc-c...
Q2 AMC (Cineworld competitor) results and investor call transcript above.
Summary -
- They have enough liquidity to last them through to beginning of 2021 with all cinemas shut.
- A third of their cinemas are open in Europe already, they believe all their cinemas will be open by 26th August (Tenets release date)
- They have made good progress reducing costs - rent, interest and staffing costs.
- They see the Universal deal as positive - although couldn’t really say much else - interestingly Universal are not able to tell audiences that a film will be released on Premium Video on Demand until it’s been shown for at least 2 weekends - they also said that 80% of revenue from a film is achieved in that two weeks.
- Premium Video on Demand means that people have to pay for the film, it’s not included in a bundle - Mulan is 30usd and the contract states it must be for a minimum of 20 usd.
- They have achieved decent revenue from cinemas that have opened and also strong food and beverage sales.
Obviously Cine is a different company but I was surprised at how upbeat AMC were - Cine also has the challenge of the upcoming legal battle which will weight on the sp.
Could be an interesting open tomorrow for AA and Cine.. Babcock will probably drop.
https://finanz.dk/amc-entertainment-holdings-amc-c...
Q2 AMC (Cineworld competitor) results and investor call transcript above.
Summary -
- They have enough liquidity to last them through to beginning of 2021 with all cinemas shut.
- A third of their cinemas are open in Europe already, they believe all their cinemas will be open by 26th August (Tenets release date)
- They have made good progress reducing costs - rent, interest and staffing costs.
- They see the Universal deal as positive - although couldn’t really say much else - interestingly Universal are not able to tell audiences that a film will be released on Premium Video on Demand until it’s been shown for at least 2 weekends - they also said that 80% of revenue from a film is achieved in that two weeks.
- Premium Video on Demand means that people have to pay for the film, it’s not included in a bundle - Mulan is 30usd and the contract states it must be for a minimum of 20 usd.
- They have achieved decent revenue from cinemas that have opened and also strong food and beverage sales.
Obviously Cine is a different company but I was surprised at how upbeat AMC were - Cine also has the challenge of the upcoming legal battle which will weight on the sp.
Could be an interesting open tomorrow for AA and Cine.. Babcock will probably drop.
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