Pizza restaurants and stores in Poland and exclusive rights to Domino’s Pizza in the country company DP Poland (DPP) has announced a trading update including “like for like System Sales up 16% in Q4 2021 compared to Q4 2020… Cash at bank of £1.8m as at 31 December 2021 (2020: £1.2m)”. However, and already down from above 10p as recently as June, the shares have currently responded further lower, towards 6p. So what’s the story here?…
A few years ago I did own some shares in Royal Mail (RMG) on the basis that (1) it could be managed better as a private company rather than a state owned one and; (2) its property ownership in places such as the Nine Elms site in south London offered it the scope to even further improve its alright net cash position. Anyhow, I made a bit of money but lost interest in the shares at/around the 600p level in 2018. For many obvious reasons (fewer letters, worker angst and growing competition in the parcel business), the Royal Mail had a shocking couple of years after that, meaning by June last year I noted that its new chair Keith Williams had a big job going forward. And he certainly did but – as shown by the near tripling of the share price since – I doff my hat to him.
Hello, Share Folks. Allow me to suggest that there’s a compelling case, getting stronger by the week, for investing in pharmaceutical companies. For the more cautious among us, this will be the giants, like GlaxoSmithKline (GSK) and AstraZeneca (AZN). Share prices in both are already buoyant and the divis are handy. But the more speculative investor will be trying for the huge rewards that a pharma mini can achieve if it strikes lucky with a drug it’s researching.
Hello Share Shifters. We all know the legend of ASOS (ASC), or as it used to be known in the early days of internet shopping, As Seen On Screen. The share rose from about 7p to £12 quid and then went even better. Almost everyone I know in share trading, including me, admits to selling the share too early. But now I think that the ship has sailed and that to buy more shares now might not be such a good idea.
I said the other day that following the £1.75 million placing at 18.5p (a 30% discount) last week it looked as though Tern plc (TERN) had enough cash to see it through for the time being. But I’ve been looking through the FY17 Annual Report and now I’m not so sure. In fact I am sure it does not have enough cash. Its portfolio of investee companies looks a shambles and it seems that Tern has been paying some of its investees’ bills. Quite how auditor Grant Thornton thought the company fit to pass as a Going Concern is a mystery to me.
Hello Share Mashers. After a lot of research and getting three-quarters of the way through a blistering piece on a firm which services other companies, I suddenly had a feeling that the shares would struggle to rise. I was unable to pin down creeping doubt, after my initial enthusiasm, but I abandoned the tip, anyway. Four hours work up the spout! But that’s the worth of this splendid website. We writers like to think we say stuff with real value and integrity. What's a few hours wasted, if we stand a better chance of making you some money? So instead I commend for your further attention a keep-fit enterprise.
Hello Share Trackers. From time to time, I’ve suggested you peek at the giant drinks firm Diageo (DGE). The reasons I usually rehearse are basic. The world seems to be on a strengthening booze trail. And if the world’s economy is due a massive correction, as everybody seems to fear, people seem to seek solace in more drinking.
Hello Share Packers. It’s probable everyone knows the ASOS (ASC) story by now. The shares were once 7p and rose to about £70. The success was due to the fact that it was in the online clothing game at its beginning. Since then other companies have tried to sell fashion on screens and have not done as well.
Hello, Share Trudgers. Following my less-than-enthusiastic article on Morrisons (MRW) yesterday, I now turn a jaundiced eye on its rival Sainsbury (SBRY).
Hello, Share Washers. For most of the many years I’ve traded shares, I’ve avoided any company that sells carpets. That’s because there is an extremely long-running trend to ditch wall-to-wall floor coverings (so fashionable in the sixties) in favour of more attractive and hygienic polished floorboards.
There are two things I know about 2017. The first is that I had not one but two inaugural trips to a Sports Direct (SPD) store (and survived) and the second is that the omnipresent but embattled retailer should have been my tip of the year the thick end of a year ago. However in this world we must look forward and that brings me to today's first half profits at Mike Ashley's emporium.
Hello, Share Monkeys. I’ve not covered ASOS (ASC) before, as I know it causes a lot of us some pain. I hardly know one investor, among my city gang, who has not sold the damn shares too early. Everybody knows the legend. ASOS is the share which is probably the most quoted when we lament to friends how much we could have made.
Hello, Share Cinchers. It’s been a while since I last commended British Land (BLND) to you. I don’t regret that, though the share was falling at the time and has yet to really rebound. The company deals in what they are not making any more of and it owns it around the UK, including where it’s most costly: London.
A 10:15am “Trading Update” announcement from restaurant group Comptoir (COM), which IPO’d at 50p per share on AIM less than a year ago. An unusual time for a trading update + a restaurant group, with all the pressures facing that sector currently = I think I can guess much of how the announcement is going to go…
Hello Share Mashers. It’s going to be a scary end to the week. What if Labour gets in? The Big City won’t like that and shares will dive heavily. But that will be a short-lived shocker, in my view. Because Jezzer in power will cause the pound to fall even lower. And that more than anything is keeping the Footsie at record highs.
Hello Share Tweakers. If I were an investor in Associated British Foods (ABF) I would be getting a little nervous at the moment. It processes and sells food and has the very different business of Primark, the budget clothes stores. You’ve probably discovered that these shops are often stuffed with customers as their prices can be remarkably low.
Hello Share Squinters. With another boring bank holiday on our plate, when the stock market can provide us with no daily thrills, it’s an opportunity to look at the macro world of share shifting. And despite the many voices who say that shares are overbought and cruising for a bruising, I add a word of caution about selling too soon.
Everyone who attended this month’s UK Investor Show will be wondering whether to go into cash. Most analysts on the stage, as opposed to big cheeses supporting their own companies, were in a pessimistic mode. For example, that excellent commentator David Scott (Dr Doom) did a very scary presentation exclusively on the subject of forthcoming market disaster.
Hello Share Chuckers. While Uncle Tom has been plunged once again into another of the legal attacks he loves - and I urge you to read the latest fascinating news on that - I’ve been trying to find a publisher for my great novel.
All Right. I know I am in incurable bull. But it is an attitude which has served me well over the years. Enough to make a living out of trading shares, anyway. We are in a gradual bull market now. This surprises a lot of folk, because the Brexit vote was expected to hit business hard. And yet - and this puzzles me, too - the Footsie has not been as high as it is now for a long, long time. It’s now only a whisper off its all time high record
Hello Share Swillers. Last year, I suggested that Wetherspoon (JDW) might be a reasonable choice for investors. Uncle Tom, who disagreed strongly with my view, might be gratified to learn that I’ve changed my mind.