Future Share Discussion Threads

[alphabeta4] 29/5/2020 14:54

Growing problem for the shorters? None of them had sold as of 3 days ago but they have stopped adding to their positions. Some doubts must be occurring surely?

[sweenoid] 26/5/2020 14:16

Gotta say I sold up just short of £13, profits have to be taken and they were sweet. Delighted the shorters have taken a real ‘kicking’;

A great company, well run, but greed is bad and 60 odd % profit on a very good bet in a few months is not to be sniffed at, best of luck to holders

FUTR is most definitely on my watchlist for....the future 👏✅8521;

S

[alphabeta4] 26/5/2020 10:20

looking for around £14.50 minimum here, my thinking is most companies reporting earning unaffected by Covid 19 are trading at or above pre covid levels, here they have £14 plus extra cash on balance sheet and 3 months earnings growth. Will be keeping an eye for if the shorters haven't sold as feels like there could be a bit of a squeeze to come.

OT - I have taken a small position in RCH this morning. My thoughts are it's still trading at just above it's lows for the crisis but potential will rise as discussions move towards the 15/6 shop re-openings? It's a newspaper publisher which was doing well pre crisis in making the move towards a more online business model (was trading at 180p). Even as a trade looks worth 80p for a quick turn?

[sweenoid] 26/5/2020 09:13

Whoosh 👏😁

[ihatemms] 22/5/2020 15:52

New interim results video out on the Future web-site.

[sweenoid] 22/5/2020 11:39

Shorting positions can be found here



Kuvari and Cape shorted at approx £10 and have built up their short positions since, looks to have been a very bad bet :-)
Coltrane have been a bane on some of my stocks- balls of steel, I hate shorter’s but I have to credit them for patience, let’s hope they all get burned here.

1180 holding solid at the moment

S

[alphabeta4] 22/5/2020 11:35

Coltrane and Kuvari look particularly exposed, a fair chunk of their positions were opened in March around the 900p level at best.

[ihatemms] 22/5/2020 11:14

There’s a lot of shorters that need to close - over 4%. That’s over 4m shares at some point need to bought back.

[ramridge] 22/5/2020 11:12

Still lots of headroom for the share price to move up. It is still down -25% since start of the year, and -22% down since stock market drop in mid-February.

[sweenoid] 22/5/2020 10:59

1180 now looks the ‘key’ level,If that could be breached, chart would be looking very tasty indeed and momentum buyers and Chartists will hopefully be attracted, analysts have talked to the board and it would appear are impressed.
Lots of smaller buys and some profit taking, I think we could get a ‘pop’ when the US wakes up, we shall see.


S

[shanklin] 22/5/2020 08:45

No huge surprise since it was already up 20% in the last week from 911 on 15-May.

[babbler] 22/5/2020 08:41

General market down... Don't blame you.

[ramridge] 22/5/2020 08:25

Why the share price has dipped into negative territory beats me. I hoovered up some more...

[ramridge] 22/5/2020 08:21

I was partucularly interested to see the impact and outlook on the magazine segment.
It is now only 20% of total revenues compared to 30% for 2019 full year.
And their current outlook implies the Cvirus hit in this segment would not be significant.
All pointing to a nice digital platform business with great operational leverage.

[sweenoid] 22/5/2020 07:59

skirbell

Given the global lockdown onmagazine sale outlets I think the outlook was as positive as could be expected. Hopefully with an easing of lockdowns occurring in the key markets, magazine sales will rise again, I believe they have decided not to factor this in at all.

Management should always under- promise and over- achieve, this CEO has a ‘canny’ knack of doing that and given these horrendous times I expect her to continue so.

Obviously they will be teleconferencing with analysts in an hour or so and speaking to major investors, no doubt we will learn the outcome of those deliberations quite soon. I would hope that the ‘press’ coverage would be very good

S

[skirbell] 22/5/2020 07:40

These results do look good from first reading. They are also confident in achieving full years results which are eps of 62p. Their second half has usually been better than their 1st half so the board are actually implying a slow down. I suspect that this might be a little bit of caution given the situation. Or perhaps the 1st half were unexpectedly good.

If the second half is in line with previous years, then an eps of 70p+ could be possible. That's a PE of 16(ish) on current price.

[sweenoid] 22/5/2020 07:18

Wow!
I wish all results statements were like that

On a very quick 1st read, it’s an incredibly strong set of results, and the outlook statement is as good as can be expected.
Incredible growth, both organic, but chiefly by GOOD acquisitions, improved margins,huge growth in revenues and earnings.

Most importantly in a digital world,where Covid-19 has increased the speed into more and accelerated digital commerce and internet use,plays directly into our business model.

I expect these results and this statement to receive a very positive response
:-)

S

[sweenoid] 21/5/2020 14:31

Pump and dump or genuine savvy investing, we shall see, broken through 2 lines of resistance today, can it maintain this gain?

Tomorrow-It’s all down to the outlook statement imho as earnings we know will be good. Can’t believe the acquisition of TI and the ‘others’ is not going well despite adversities.

Certainly any break above £11will be very positive chart wise
Till tomorrow

I rarely comment on intraday prices as it’s the closing day share price and UT that is of most important, so with that in mind the share price will probably retrace it’s gains ;-)
S

[zafarulla] 21/5/2020 03:04

Thank you for that sweenoid

[sweenoid] 20/5/2020 22:49

Essentially it’s the price that is reached at the auction at the end of each days trading
The UT trade price sets the starting share price for the next days trading.
S

[zafarulla] 20/5/2020 21:04

Sorry for my ignorance. What does UT(uncrossed trade) actually mean/signify?

[sabyro] 19/5/2020 14:53

yes interims this friday (22/5).

[jm65] 19/5/2020 14:42

Aren't the interims around 22nd May?