Future Share Discussion Threads

[albert zog] 08/6/2023 18:56

JPM is the broker for Future. So their recommendation and target price is worthless. They are on the payroll !

[ochs] 08/6/2023 18:25

According to Sharecast JPM reiterated 'Overweight' on 6 June with price target of 1,845p.

[listillo] 08/6/2023 09:44

"We Just Launched a Tom’s Hardware AI Chatbot. Here's Why."
hxxps://www.tomshardware.com/news/tomshardware-ai-chatbot

[albert zog] 08/6/2023 09:30

Market anticipates a massive profit warning here. New CEO showed some faith with £800k share purchase but he has already done his nuts at current levels and may be clueless

[ochs] 08/6/2023 09:15

Chart seems to be suggesting we could even go as low as 493p (the March 2020 Covid low) before finding any strong support. Although could there be a minor bounce from £7?

[hatfullofsky] 08/6/2023 08:03

Self fulfilling prophecy! Will 700p hold ?

[petrencf] 23/5/2023 07:30

So Cannacord thinks the Company worth approx. 800m with 250m adj profit. It makes sense. The P/E would be less then 7 on that share price

[squintyflinty] 23/5/2023 07:25

Why is this sliding like it is?

[liam1om] 23/5/2023 07:09

Future PLC PT Cut to 668 pence from 1,153 pence at Canaccord.

Chart breaking down here.

[ochs] 22/5/2023 09:44

RNS - Black Rock also bought on results day - increasing from 6.23% to 8%.

[bigbigdave] 19/5/2023 06:46

CEO buying, around £800k worth

[eddie1980] 18/5/2023 22:03

Must admit i'm surprised at scale of sell off. It generates a lot of cash now. Guidance is still to lower end of market consensus, so not an extreme downgrade, and looks to be on a P.E of around 7.

Growth story gone for now, but at that price, and with all digital advertising businesses finding business tough in last year, it looks in a good position when advertising picks up.

[albert zog] 18/5/2023 07:13

US revenue in free fall in H1. Will get much worse in H2. Now we know why Zillah left her position. This is finished.

[hatfullofsky] 18/5/2023 07:01

As a result, we expect full year performance to be towards the bottom end of current market expectations.

[squintyflinty] 15/5/2023 09:10

Might be worth a punt at these levels

[ochs] 14/5/2023 20:47

Indeed! Where do you see the bottom? Is a takeover possible? Perhaps a US media company or Private Equity?

[arja] 14/5/2023 19:47

awful looking chart and more downside quite likely sadly

[hjs] 01/3/2023 15:47

Canaccord's sell initial coverage makes assumptions which are very general and applies to most industries namely retail relating to consumers. Imo, this company is worth a lot more than where it is today.

[ochs] 01/3/2023 10:11

@johnrxx99 I'm afraid you've read that RNS wrong - total holding of BlackRock is down slightly from 6.26% to 6.23%.

@liam1om which broker wrote the Sell note? Thanks

[liam1om] 01/3/2023 08:08

Future (FUTR, SELL, Mcap: £1.7bn) – Initiation

Target Price 1,153p, Current Price 1,400p
Future has been a stock market darling for a decade; however, all good things must come to an end.
We believe the business is likely to move into a more challenging period with slowing growth due to lower structural growth tailwinds, weakening traffic to key websites, slowing economic growth, a move to new categories and less M&A, while the development of AI generated content could remove the moat around the business, putting pressure on pricing and ultimately the valuation.

We see downside risk to consensus and our FY23-25E PBT estimates sit 7-13% below consensus.
We initiate with a SELL recommendation and 1153p price target.

[johnrxx99] 15/2/2023 09:35

Nice holding increase from Blackrock

[johnthespacer] 03/2/2023 14:11

I dont think it is anything too exciting as they are a US wealth management company... nice to see them buying but not a takeover or anything like that
I am long term holder here anyway... been a lot lower and a lot higher before now lol

[ochs] 03/2/2023 12:26

Well it did yesterday - remember they invested a lot lower on 27 Jan!!