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FUTR Future Plc

599.00
22.00 (3.81%)
18 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Future Plc LSE:FUTR London Ordinary Share GB00BYZN9041 ORD 15P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  22.00 3.81% 599.00 598.50 605.00 603.00 575.00 578.00 540,924 16:35:01
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Publishing 788.9M 113.4M 0.9782 6.14 696.16M
Future Plc is listed in the Miscellaneous Publishing sector of the London Stock Exchange with ticker FUTR. The last closing price for Future was 577p. Over the last year, Future shares have traded in a share price range of 515.50p to 1,193.00p.

Future currently has 115,929,926 shares in issue. The market capitalisation of Future is £696.16 million. Future has a price to earnings ratio (PE ratio) of 6.14.

Future Share Discussion Threads

Showing 2901 to 2924 of 2925 messages
Chat Pages: 117  116  115  114  113  112  111  110  109  108  107  106  Older
DateSubjectAuthorDiscuss
13/3/2024
20:07
What has dented sentiment after the bounce a few weeks ago?
alotto
09/3/2024
10:53
Interesting discussions, good luck all
rimau1
09/3/2024
09:43
I share the view that the company is too far spread and needs to slim down through disposals but also think the shares are too cheap on a forward P/E of 5 and as mentioned above the advertising cycle will turn at some point and I think probably will be triggered by a fall in interest rates. Markets though look ahead, so I would expect a re-rating ahead of that.
What prompted me to buy yesterday was that the shares reached previous support at 600p and with the RSI so low, look ripe for a bounce from this point

daz
09/3/2024
07:46
My approach with speculative stocks is different. I take a small position and I add on good news, even though the returns are not as good, but I mitigare the risk.
When s stock is genuinely undervalued, with no adverse market conditions and no negative trading updates, I average down. I have a very small position at the moment of £2.5k.

alotto
09/3/2024
07:18
Indeed. However i have found that good research to form a solid buy case at a specific price and drip feeding/averaging down mitigate most of the speculative risk. The uncertainty risk is how we chase alpha returns and hopefully outperform markets. My maiden position was at 5.98 and i have regular limit order set all the way down. Consumer cyclicals need to survive 2024 and 2025 will be good and since we can't time the market this is the year to start looking at such depressed valuations. All IMO of course and this is a higher risk stock
rimau1
08/3/2024
22:21
Too much uncertainty around this stock, very speculative.
alotto
08/3/2024
21:19
After a lot of internal deliberation...I'm of the view that this valuation is now ludicrous. There are many issues with the company...risks around technological disruption risk (not saying it is absolute - but there are clearly risks), the people involved (Jon seems good but the wider board is useless and there is not really anyone properly incentivized in the same regard as shareholders), macro environment (particularly in gaming and tech) is weak.

However...GoCo, as pointed out, is now surely worth at the very minimum 70-80% of the entire market cap...based on the fact that a 10x EBITDA multiple in line with Moneysupermarket doesn't factor in any takeout premium (of course, as we all know, all the UK takeovers we are seeing right now are being done at hefty premiums). EBITDA for GoCo in FY23 was 54.2mm pre any corporate overheads (which one has to assume for - I try to be vey conservative with a figure of 10mm). Unless the rest of the business really is going extinct, there is an opportunity here clearly.

Not sure it will be a smooth road, but one would think this is clearly a candidate for being taken out (a multiple of even just 6x EBITDA would see shareholders handsomely paid) or some kind of major corporate transaction like the sale / spin out of GoCo.

Alongside GoCo, there are some good media brands in fashion/homes/womens/lifestyle. the gaming/tech stuff in my opinion is very weak and unfortunately prime for disruption - their websites are not very functional and just filled with digital ads. my experience using ChatGPT vs Toms Guide really was not particularly encouraging. But either way, there is surely now a relatively strong margin of safety on offer here, and there is a jocky bet on Jon Steinberg to be wagered.

Good luck all - happy to send across my analysis to anyone who messages me on the GoCo valuation. Quite striking visually!!

ggrantsu
08/3/2024
16:48
I have started buying, my assumption being that the sum-of-the-parts conglomerate discount is way too wide, GoCompare has to be worth the entire 700m marketcap. US private Equity could be interested. I will continue averaging down, 2025 recovery deep value play IMO.
rimau1
29/2/2024
16:14
Why do you say the sites are awful? I disagree, they seem good, but would like to hear why
listillo
29/2/2024
07:16
I guess if the market sees your concerns over the fundamental product quality, things will not change until a new product road map is prepared that is more than investing in the comparison web site.

So simply watching this get cheaper and cheaper may not trigger this moving to an entry point. This will take time so may have to wait many months until something tangible to base a decision on. The hedge funds may then have plenty of time to drive this a lot lower.

dyor and no advice etc

takeiteasy
09/2/2024
09:43
there is a lot of moving parts at this company atm...the AGM was an awkward experience with mgmt looking very very dismal and not engaging at all with each other.

i think over long run it will recover under steinberg, but not burying my head in the sand. it is a business facing not just cyclical headwinds, but potentially very severe structural ones. the hedge funds, of which there are now a good few, shorting this will have done their homework and unfortunately now I possibly think that they may have found something the rest of us don't know about. if i were to guess...its the fact they will be able to pay 250k or whatever for granular website traffic analysis...and potentially this has shown them weakening audience trends/time spent on websites etc...i have to say, post buying the share was when i really went through the websites and I was quite shocked at their poor quality e.g. Toms Guide or Tech Radar...they are truly awful.

we have to hope steinberg is the man to turn things around.

ggrantsu
08/2/2024
13:11
Back above 7 (for how long?)

Message to the hedge fund shorters the gap from 7 down to 5 has been cleared down so comprehensively a while back there is no mileage in my view of constantly doing all these false drops under 7, surely after 5-10 attempts the bot machine can work this out :)

takeiteasy
07/2/2024
09:07
no audience numbers given for existing business last year in the Feb AGM statement - just for 2 acquisitions - just read last years?

still think it needed to be a lot worse than this to keep the price down this low for too long...dyor and no advice etc

takeiteasy
07/2/2024
08:56
alarmingly no comment on audience numbers...that is the main driver here...and to not comment on it most likely means they are totally flat / slightly down. annoying statement...and particularly so vs. other years where they give a very detailed AGM statement. the market is down because it realizes that such limited comments can only mean negativity...
ggrantsu
07/2/2024
07:14
we stay in drift mode then for longer...perhaps not quite the worst news all the hedge fund shorters had been hoping for...
takeiteasy
07/2/2024
07:05
Bit of a yawn of a trading statement
john09
06/2/2024
22:04
support has held for now despite constant dropping of share price below support lines - does this provide any more hope for a recovery? dyor etc
takeiteasy
02/2/2024
07:56
new short positioned opened now...a huge multi asset hedge fund. not sure if the short is based on fundamentals or a quant fund...either way...definitely a holding where I'm feeling increasingly nervous now.

the retail environment has weak...just not even debatable that technology/gaming hardware has been poor across the board, which is still the main driver here. An AGM trading statement due soon...unless it comes out with something half respectable, the reaction could be horribly brutal.

ggrantsu
02/2/2024
00:46
Shorters getting a bit more confident again here
simmsc
31/1/2024
16:37
slightly worrying the Berenberg downgrade...simple because they are usually the most silly and bullish house out there with valuations - particularly with tech/internet related companies...

wonder if this has stemmed from a recent conversation with company in which they gleaned some kind of info that is negative...

annoying...

ggrantsu
30/1/2024
09:31
FUTURE PLC CUT TO HOLD VS BUY AT BERENBERG, PT 850P
aeonflux
26/1/2024
07:53
hxxps://www.msn.com/en-gb/money/other/shock-fall-in-uk-retail-sales-may-be-temporary-setback-as-consumer-confidence-lifts/ar-BB1gWr1r

MSM are super negative on UK retail it seems although this article offers some balance - who is right then....

dyor etc

takeiteasy
23/1/2024
21:54
So we have shorters with 2% net short or so the web site says.

I always wondered where the hedge fund that pummelled Nexxen for the past 2 years had left to reside - i can only assume they are dumping their hardest here....

takeiteasy
19/1/2024
16:55
interesting how to call this market atm, travel seems to be holding up and yet you get Wizz dropping like a stone today - WOSG warning I think has spooked everyone although this was somewhat predictable was it not.

This share is so cheap I agree and yet the shorters may push this a bit lower still but it is annoying to be stopped out given the longer term opportunity.

MSM has been so downbeat on the UK for a long while - in our neck of the woods restaurants are full, cars everywhere and businesses all very busy.

So this sense of impending doom all around I am not sure is one I buy into at the moment - but a lot of pain felt in parts of economy definitely.

takeiteasy
Chat Pages: 117  116  115  114  113  112  111  110  109  108  107  106  Older

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