Best Of The Best Share Discussion Threads

[toptrump1] 16/6/2021 07:54

Opening 22, fall to 18 is my prediction

[invisage] 16/6/2021 07:53

EPS going to crash post COVID results as lockdown eases.....


No need for rose tinted glasses. The selling starts at 8am....................

This is what you call a profit warning

However, in contrast to the summer 2020 period, we have experienced somewhat of a reduction in customer engagement since the latest easing of lockdown restrictions on April 12, 2021, specifically relating to the understandably long-awaited re-opening of hospitality and non-essential retail.

[az4hr] 16/6/2021 07:53

next real support £15

[montynj] 16/6/2021 07:52

Also there's the positive potential of a takeover of the company...plus, Slater Investments bought in at £24

[az4hr] 16/6/2021 07:52

If BOTB demand has gone down can they now ramp up marketing i thought that was one of the strengths of the operating models

[az4hr] 16/6/2021 07:49

OMG my second biggest holding want to cry. Its gonna be a blood bath

[n0rbie] 16/6/2021 07:48

Earnings per share increased to 122.52p (2020: 37.51p)

[toptrump1] 16/6/2021 07:46

Peart It’s no blip, last yr they wanted to sell the business but realised they’d get more in the mkt.

[invisage] 16/6/2021 07:46

PE of 70 for a company with slowing growth? Makes no sense, illiquid shares going to cause a big drop here today......

£15/share by end of the day? Possible. Even then the valuation will be rich.

Pre COVID BOTB did 37.5p EPS so say earnings are 60p EPS in the new world a PE of 20 is a share price of £12

BOTB have a way to fall IMHO.

[peart] 16/6/2021 07:35

The company is keeping a large chuck of earnings in the bank, which seems prudent to me. I suppose it was wishful thinking on my part to expect Covid to have not affected this business. The balance sheet is very strong. It just depends upon how much Covid improvements will affect things moving forward and what managers can do to grow the business from here. Both things we don't know. I suspect the share price isn't higher now due to Covid worries. Now that this is passing (God willing), we will see a truer picture emerging, going forwards. Few businesses go up in a straight line. As things settle down, as long as earnings are looking solid the P/E multiple may rise if growth can resume, even if after a blip.

[toptrump1] 16/6/2021 07:33

Thought so, this past yrs business was a flash in the pan, the directors knew it.

[montynj] 16/6/2021 07:26

Nice juicy special dividend too..Results look good to me

[zingerburger] 16/6/2021 07:21

500 nms share market

[investographer] 16/6/2021 07:15

Was close to my prediction, but poor forward looking statement- will get hammered today.

[peart] 16/6/2021 07:05

Dividend in between what was hoped for, fwd not too good. Obviously COVID helped this business a lot last year.

[zingerburger] 16/6/2021 07:04

Profit warning


...However, in contrast to the summer 2020 period, we have experienced somewhat of a reduction in customer engagement since the latest easing of lockdown restrictions on April 12, 2021, specifically relating to the understandably long-awaited re-opening of hospitality and non-essential retail. We are closely monitoring this, but with our flexible model, growth strategy and plans for the year ahead, we expect customer engagement to return to normal levels before too long. I look forward to updating shareholders in due course.


Down 8 quid? Down £10 quid?
Be messy

[peart] 16/6/2021 06:37

1414-1416 - None of us know management's thinking, we can only guess. Not much longer to wait now....

[investographer] 15/6/2021 22:48

I was actually being conservative with the same H1 dividend of 40p, as H2 revenues were quite similar to H1 I believe.I am going for normal dividend of 10p

[ryanc106] 15/6/2021 20:44

An 84p total dividend would be majestic!

An in line or slightly ahead trading update would be lovely

[peart] 15/6/2021 09:23

Well, an interesting morning awaits us tomorrow!
Unless management signal a use for the profits apart from the usual very nice dividends, my prediction, for what that's worth, is an 80p special dividend plus a 4p final dividend. Based upon in-line earnings of 125p
Hopefully, and perhaps more importantly, a very nice trading update for the year to date from 1.5.21.
Looking forward to seeing what's announced. Good luck to all the regular posters here.

[investographer] 11/6/2021 09:08

Management have always under promised & over delivered.I also agree that they kept a lid on their performance. Still have a target of GBP 100 by end of 2022

[rambutan2] 10/6/2021 20:52

I note that the Slater stake has been split between the Growth Fund and the Recovery Fund. Both have very good long term track records.

[peart] 09/6/2021 18:21

I don't know but could management have been playing things down a little bit to keep a lid on things so as to justify the £24 per share large offload of shares that they made. I don't know the corporate rules of the game and whilst I'm sure management play by them I'm sure there are tolerances that can be justifiably used to assist with decisions that are made. Just a thought.....
Whatever may or may not have happened, as ever, it's the forward picture that matters most.