Monthly Archives: November 2015

(DTG) – Mr Market can be a cheeky sod sometimes

TCG (Thomas Cook) was up about 9% in early trading on the back of positive results. DTG (Dart) was down about 3%. I thought that to be really odd, because RCG’s news ought to have been positive for DTG. Come … Continue reading

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$AO.L – Ao World – looks like a penny dreadful to me

AO (Ao World) is an online retailer of domestic appliances. Its shares dropped 14% yesterday to 140p on the back of its interim report (http://is.gd/zNwKpG). Revenues grew 21.7%, but it suffered an operating loss of £8.9m (2014: £0.9m profit) “reflecting … Continue reading

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$TCG.L – Thomas Cook – finals

TCG (Thomas Cook) released its full year results today (http://is.gd/DuxSwY), sending the shares 9% higher to 107p. Revenues were down £754m, but up £86m on a like-for-like basis. “Underlying” EPS is 8.9p, down from 11.3p last year. Net debt is … Continue reading

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$DOM.L – Domino’s Pizza’s curious chart

DOM (Domino’s Pizza) has an interesting chart pattern, which I have highlighted below with blue bars. Notice how there are support/resistance lines at each of the 100’s. It’s almost as if the market is “working” them. As a recap for … Continue reading

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$SGI.L – Stanley Gibbons – a comment on the balance sheet

Turnover/inventory is currently very low, and hints at the company’s poor cash collection. Its operating cashflows for the last two years have been negative. It has been free cashflow negative for the last three years. Current portion of long debt … Continue reading

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Robbie Burns’s cautionary tale on directors purchase

I am reading through Robbie Burns’s book Naked Trader. Starting on page 221, he discusses Homebuy’s results from June 2006. Profits were up 343%, and the chairman said that they were making “excellent progress”. However, net debt increased to £78m, … Continue reading

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1 out of 3 is not good

A year ago Prabhat Sakya at The Motley Fool wrote the article “3 Growth Companies I’d Buy Now: Globo PLC, Plus500 Ltd And Quindell PLC” (http://is.gd/fNuuGU), in which he stated that “there are a wide range of growth companies which … Continue reading

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$ETO.L – Entertainment One – we are not amused

ETO (Entertainment One) is a Canada-based entertainment company. They hit it big with Peppa Pig, whatever that is. Apparently “Peppa is a loveable, cheeky little piggy who lives with her little brother George, Mummy Pig and Daddy Pig.” It looks … Continue reading

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$SGI.L – Stanley Gibbons – interims

Stamps dealer and auctioneers SGI (Stanley Gibbbons) released their interims today (http://is.gd/KkdJoW), sending the shares down nearly 10% to 98.2p. Sales were flat, but alarmingly, “Like-for-like sales, excluding Mallett acquisition, were £21.6m, down 21% on the prior period”. Trading profits … Continue reading

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A newbie Haskeller revisits Rust

Back in March, I did a comparison between old and new progamming languages. I was very new to Haskell, and knew nothing about Rust. Since then: Haskell has replaced Python as my “go to” language of choice, although for data … Continue reading

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