Footasylum Share Discussion Threads

[pireric] 17/6/2018 17:13

OK so the Liberum numbers are fine, 6.3p EPS still for 2019. Peel Hunt much lower at around 5.4p if my screen is right.

So range is 26.5x earnings in Liberum's case to 31x under Peel's case.

Punchy multiples. Definitely not anywhere near 16 ee. Even i'd take a stab at that level!

[eentweedrie] 17/6/2018 16:27

pe as at the end of the last F/Y was 16 odd according to my calcs (based on admission price). Where do you get 26 FE from? PH?

[john09] 17/6/2018 15:40

I’m not . I’ve always said this was over priced.

[pireric] 17/6/2018 14:41

Cheers. Guess you have to be comfortable paying 26x forward earnings....

[john09] 17/6/2018 12:59

2 publications. Same editor . Sister publications . Side tip.

[pireric] 17/6/2018 12:44

My mistake John ;0). Lol

Is it the same author or the two publications? Headline tip or side tip?

[eentweedrie] 17/6/2018 12:39

interesting - can you copy and paste the article

[john09] 17/6/2018 12:02

Basically commenting it has 65 stores and if it reaches 150 the share price will double.

Well what a genius write up lol.

[john09] 17/6/2018 12:00

Yes. But it’s the first time...

SCSW it’s sister publication has multiple times however

[pireric] 17/6/2018 11:59

Presume Momentum Investor (for about the 5th time)

[eentweedrie] 17/6/2018 11:27

tipped where?

[jack jebb] 17/6/2018 06:36

costa rica 0-2 serbia
brazil 2-0 switzerland
germany 2-0 mexico

[thompsonnic] 17/6/2018 00:22

World Cup Bets :

Serbia to beat Costa Rica 17/20 £12.95 Single Won Return = £23.96
Germany to beat Mexico 4/9 £24.76 Single Lost Return = £0
Brazil to beat Switzerland 2/5 £27.50 Single Lost Return = £0
Sweden to beat South Korea 1/1 £11 Single Won Return = £22

£1 Yankee on above selections (11 Bets) £11 Return = £3.70

Total Outlay = £87.21
Total Return = £49.66

Loss = £37.55

[eentweedrie] 16/6/2018 13:35

well with results expected to be excellent on their maiden FY results - I rate this as a solid buy.(We already know that revenue up to the end of their 10th month of trading is 34% ahead yoy...)Anyway good luck whichever position you hold.

[typo56] 16/6/2018 13:16

pireric, whilst I agree that 'MM games' is a poor excuse punters often grasp at when a stock isn't going their way, the trades on FOOT have been rather unusual in the past weeks in that it's been possible to buy large chunks at 'bid' price.

e.g. online quotes were returning 29k @ 164p to buy when touch price was 164p/167p. What's that about?

FWIW, I looked at FOOT some months ago and decided the corporate background didn't appeal to me. That hasn't put me off doing the odd trade though, both ways. At the moment there does appear to be a keen seller, for whatever reason, but that may not last.

[pireric] 16/6/2018 12:59

Any examples?

The problem is, that a hold recommendation doesn't get any trades flowing does it.

Who do you think is less biased - Liberum or Peel Hunt?

All this aside, not saying at all this is a bad company, but surprising to me from the outside that Peel would even bother to initiate. I'll be looking into FOOT this weekend

[eentweedrie] 16/6/2018 12:37

lol you say 'unbiased'? PH are sell side no? there is always bias my friend - how much do they get if their clients trade through them...

[pireric] 16/6/2018 12:31

If you have many, I'd be interested in hearing which ones they were. Examples of smid cap brokers who are not even the nomad or broker providing coverage on a sub £250m market cap stock with a rating which is not a buy....

These are very, very rare.

The reason is they have next to nothing to gain from these situations. No trading flow to facilitate, no real opportunity for organising follow on raises. Just genuine unbiased coverage.

[eentweedrie] 16/6/2018 12:26

um no, not really mate - I can cite many examples of negative forecasts following brokers initiating coverage...and personally don't see the PH forecast and 'hold' recommendation as negative, they have just dipped their toe in; they're sitting on the fence.Personally I'm bullish on this

[pireric] 16/6/2018 12:05

No what's rare is for a small to mid cap broker initiating on a stock they're not a broker for with anything other than a buy. Liberum saying buy is 0% surprising.

[eentweedrie] 16/6/2018 11:56

...and Liberum reiterates buy, which again also doesn't really happen...what's your point? It's the contrarian view that tends to profit the most - following broker forecasts tends to make one poorer the majority of the time...

[pireric] 16/6/2018 11:44

It's not MM games. that's largely nonsense. It's demand and supply.... Like I said, I think this might relate to the Peel Hunt initiation which had a cautious title, which is surprising as don't often see that

[eentweedrie] 16/6/2018 11:36

Interesting argument typo, even if it lacks much logic. If you review the trades, sells were going through at 164 too! I was able to do a dummy sell at 164.03 fwiw