Bloomsbury Publishing Share Discussion Threads

[investor0109] 12/1/2021 11:12

Institutions Increasing Position as of 1st Dec. '20, descending in order of shareholders by size:
(INSTITUTION (HOLDING) +/-)

BlackRock, Inc. (£26.8m) +15.01%
Premier Fund Managers Limited (£15.4m) +3.18%
Montanaro Investment Managers Ltd. (£12.4m) +3.35%
Canaccord Genuity Wealth (International) Limited (£9.3m) +12.46%
Franklin Resources, Inc. (£5.9m) +11.67%
Dimensional Fund Advisors L.P. (£5.5m) +3.53%
Legal & General Investment Management Limited (£4.9m) +0.83%
John Newton (CEO) (£3.5m) +0.54%
N.F.U. Mutual Unit Managers Limited (£3.5m) +8.6%
Barclays Bank PLC, Wealth and Investment Management Division (£3.4m) +10.13%
Societe Generale Group, Banking Investments (£2.7m) +36.86%
M&G Investment Management Limited (£2.6m) +3.09%
A J Bell Holdings Limited, Asset Management Arm (£2.2m) +1.18%
Heritage Capital Management Limited (£2.1m) +5.38%

Institutions Decreasing Position as of 1st Dec. '20, descending in order of shareholders by size:
(INSTITUTION (HOLDING) +/-)

Charles Stanley & Co. Ltd, Asset Management Arm (£21.9m) -0.04%
Chelverton Asset Management Limited (£11.3m) -4.1%
Russell Investment Management, LLC (£5.6m) -9.41%
J O Hambro Capital Management Limited (£3.2m) -3.42%
HBOS Investment Fund Managers Limited (£2.9m) -0.17%
Majedie Asset Management Limited (£2.8m) -34.07%
Equiniti Group Limited, Asset Management Arm (£1.9m) -0.23%

[investor0109] 11/1/2021 14:28

nw99- agreed, consider it a great investment for '21 and beyond. Very well managed, cash rich and thriving during toughest market conditions in decades. Certainly one of my preferred options, as I watch tech and crypto boom and head toward bust.

[nw99] 07/1/2021 08:35

Favourite for 2021

[thorpematt] 06/1/2021 20:08

Yes, i think our new virus strain has unfortunately meant more books will get read this winter.

Quality stock, nice cashpile too.

[lancasterbomber] 05/1/2021 12:16

Over 300 again, probably because of increased book sales during lockdown.

[investor0109] 21/12/2020 11:14

Midas must not have been wearing his specs. Had he been, he could have spotted this one between 9-12 mos. ago and made a tidy sum by now.

[thorpematt] 21/12/2020 09:20

That chart looks extremly bullish. When you think about it, it's a bit odd, BMY having an share price which still languishes below the pre COVID price.

A bit of a lockdown winner this one. I think our new virus strain guarantees more staying at home for millions of people for a little longer than was anticipated.

[nw99] 21/12/2020 08:35

Closer to chart break

[tole] 20/12/2020 07:58

Midas verdict: There is little to beat a good yarn and Bloomsbury seems particularly good at picking the best of them. At £2.79, the shares offer long-term potential and the dividend adds an extra kicker.

[jurgenklopp] 18/12/2020 12:00

At the end of the interview Richard says that Reach remains his top pick !!!

[tomps2] 18/12/2020 11:38

BMY Richard Leonard's pick for 2021 in the piworld 2020 round up interview:

Video:

Podcast:

[investor0109] 17/11/2020 19:21

frazboy- had wondered why the share price was lagging, given excellent track record, continued good management and promising updates. Wider market had completely undervalued BMY. Wait for the tipster's nod and the best opportunities already passed! Given sales typically weighted towards back end of the calendar year, I look forward to further updates in March 2021. Believe there is potential for further acquisitions and don't consider it farfetched to imagine return to all-time highs in mid-term.

[18bt] 03/11/2020 06:35

Yes, new ST write up: Conclusion: Offering decent upside to my 300p target price, the shares are worth buying on a cash-adjusted price/earnings (PE) ratio of 12 for 2021/22 financial year, and on a modest price-to-book value of 1.3 times. Buy.

[frazboy] 02/11/2020 12:43

Bizarre that you could buy them for ~190p a few weeks back, after the AGM update, which contained pretty much all the good news that we know now. Looks to me like the shares ticked up at noon - refresh of a Simon Thompson IC tip?

[peterwybrow] 02/11/2020 12:23

Was expecting a bit of a bloodbath today on the FTSE but hasn't materialised. BMY a covid winner I hope now that everyone has watched everything on Prime and Netflix.

[spooky] 02/11/2020 12:22

£3 an obvious target.

[cwa1] 02/11/2020 12:08

Not TOO shabby a day to be a holder here :-)

[energeticbacker] 28/10/2020 09:52

Following falls in the wake of the pandemic the shares looked interesting value and according to Investor's Champion the latest interim results were highly encouraging.

[18bt] 28/10/2020 07:39

Anyone know if Peel Hunt have issued an updated forecast?

[thorpematt] 27/10/2020 19:46

I was beginning to lose faith in the share price here but patience is a virtue it would seem.

Hopefully that cash pile can be put to good use one way or another.

In any event the headline PER needs discounting. An EV / earnings ratio is always applicable in my book but never more so in times of such high indebtedness.

[tole] 27/10/2020 18:36

https://www.proactiveinvestors.co.uk/companies/news/932511/bloomsbury-publishing-enjoys-sales-boom-as-people-turn-to-books-during-lockdown-932511.htmlA fairytale second half?Following an exceptional first half, the Harry Potter publisher may be on track to deliver another six months to remember.In fact, revenue and earnings have been weighted towards the second half, driven by the consumer division around Christmas and strong sales of academic titles at the beginning of the academic year.While the interim results didn't provide any forward guidance, analysts at broker Numis Securities expect to increase the full-year forecast materially.

[sirrux] 27/10/2020 09:07

That's the slow half out of the way.

[essentialinvestor] 27/10/2020 08:42

I'm out, luck to those holding.

[frazboy] 27/10/2020 08:32

Good results but I was perhaps expecting a bit more since we already had an update on months 1 to 4 - took the opportunity to reduce after the extended auction. Let's see what H2 brings, a fully reinstated FY dividend is nailed on I would have thought.

[alexisk] 27/10/2020 08:24

As I predicted in March (posts 33 and 36) books have sold well in a lockdown. The share price here should continue upward imo.