Venture Life Share Discussion Threads

[hydrus] 12/10/2018 09:51

Problem is Mattjos I recall you were adding at more than twice today's price a couple months ago. PE ratio of 100 at today's price. Is it cheap?

[mattjos] 12/10/2018 09:43

That is much too harsh a comment re. SYM apad & suggest you are not fully conversant with either the business or business model there.

The company is well beyond that stage now .. we each do our own thing, I added this morning because at <7p/share mkt cap was much too cheap, imo

[thelongandtheshortandthetall] 12/10/2018 09:33

Hi Lomax

Yes. Definitely carrying on with Smithson as before. And as pointed out. As of today the £10 per share will go further. Happy days. Plus slight increase in gbp too over last few days.
In a strange way. Smithson going for over double the initial raise in itself could have been a pretty good indicator that things were a bit toppy.

Oh Red you've spoiled my plans. thought I had the whole game sussed :)
BTW where was your bicycle clip warnings on this one lol.

Back to the slabs. Please no more rain.

[homebrewruss] 12/10/2018 09:27

Bought some GAN and ALT both seemingly good value post sell off for the potential growth.

GAN reveneues should really kick in next year with sports betting really starting to take off in the US now. I'm not 100% sure of the management but recent interview here for anyone interested:


ALT revenues also seem to be ramping up nicely according to the recent update plus some director buys in the last few days.

[al101uk] 12/10/2018 09:18

Looked at CAKE when it came up here, but it never had any appeal and so never researched.

Always interested in potential mistakes I could have made, I tend to be numbers based and on the face of it that could have put me at risk given the general opinion that the accounts have been fine with no warnings of anything brewing.

I know APAD tends to look at the employees/reviews etc and I kind of thought it was a good idea, but have never really found it that useful... a handy bit of background information, nothing more.

Anyway, following the link above and the guy who posted his poor experience of CAKE and the sale that quickly followed I decided to have a look.

From Glassdoor:

Poor management and lack of care for staff members

Long hours, bad pay, stress

The company, upper management, only worried about labour costs, don't care enough about the people that run stores or work in them

Overworked, undervalued, unwanted advancements from staff disregarded as banter, never leave the store on time as managers often go for a smoke instead of cashing you off.

long hours, no support or training, no progression

From Indeed:

The Management team was a shambles and very cliquey. The staff turnover is horrendous again it is all due to lack of support and training which. is a shame.


From Trip Advisor:

The staff were both slow and bordering on rude.

Along with a detailed review of a regular to many different venues who commented that the staff are obviously only "there for the pay cheque", that he had "got used to the attitude of staff", but had visited a particularly bad venue and over the weeeks had seen a decline in the quality of food on offer. He also commented on the high staff turnover.

Also many confirmations of the half empty venues on days when other establishments were queueing out of the door.

I'm not saying that all reviews were bad, but there was ample evidence of something rotten in the state of Denmark for those that dug a little deeper. I'm a little concerned that I don't do that kind of digging (generally), but will certainly be looking closer moving forward as it's clear that had I invested the frequency of comments like those above would have given me cause for concern.

[hydrus] 12/10/2018 09:16

My largest APAD after last months ZOO and BUR sales.New positions in HLMA, FEVR and back in QTX and added to BVXP in last few days but otherwise keeping a watchful eye on how things pan out. ZOO could be added back to dependent on results next month and outlook. Got my eye on an new interesting nanocap also but holding fire for now.....

[apad] 12/10/2018 09:14

SYM is another research department masquerading as a company, Hydrus.
Also, I don't buy anything 'environmental'.

apad

[apad] 12/10/2018 09:09

BVXP now 3rd largest holding.
Finished shuffling and back to reinvesting income.
apad

[apad] 12/10/2018 08:47

"Haydale receives grant for automotive materials research"

That's not a business its a university research group.

apad😡

[hydrus] 12/10/2018 08:36

Sym - what a shambles. As I said the red flag clue was the repeated bombastic sales pitch RNS releases. Very defensive.

[jitters3] 12/10/2018 08:17

Might be a good time for Smithson to buy some bombed out shares

[redartbmud] 12/10/2018 08:08

tlatsatt

You can't have your cake and eat it:-)
When the value of underlying investments falls, the value of the fund goes down.
That's gravity.

red

PS
CAKE shareholders have empty plates.

r

[lomax99] 12/10/2018 07:34

tlatsattSo are you still doing Smithson, or are you trimming your intended investment into that? Just curious as I intend to pick up a few myself.Lomax

[thelongandtheshortandthetall] 12/10/2018 07:12

So it appears the diversified fund plan is certainly not immune to a general market sell off. rather annoyingly the higher rated, higher growth type of businesses that make up fundsmith and Lindsell Train etc..seem to have been hit worse than others.
I was lucky in that I had sold a about 15% of porty to to have some money for the Smithson IPO before this mini slide. Ive also sold a few other bits over the last couple of days.
Hoping, as is everyone I bet, to re deploy at slightly lower levels.

We'll see.

[redartbmud] 11/10/2018 20:01

yoodles unconditional surrender.

red

[apad] 11/10/2018 19:00

CAKE looks to be dead in the water. Why put capital into the company when you can cherry pick the prime sites from the administrators.

CNBC recycling the same old arguments as the indices fall. More falls for us tomorrow.
I don't see the UK economy as strong and am not fully bought in to the strength of the US economy. Tax blip?

XPD maintain that a hard Brexit will play to their strengths.

apad

[redartbmud] 11/10/2018 18:56

APAD

Snap.
Even worse than that, I was expecting a market correction and couldn't wait for the event to happen.

red

[apad] 11/10/2018 18:48

RSW £40, red.
Why can't I be patient?
apad🤔

[redartbmud] 11/10/2018 18:22

Big7

APAD is correct, they believe that BREXIT is not a major issue.
FWIW I think that they will cobble together a deal, as damage limitation, in the best interests of both parties.
In the longer term, I do believe that they have good management who will develop a successful business.
Whether or not it reflects in the share price, who knows.

red

[thelongandtheshortandthetall] 11/10/2018 18:08

well what a crazy few days so far.
The Dow moves 100 points in minutes.

[droyden] 11/10/2018 16:26

Grant Thornton was the CAKE auditor.

[homebrewruss] 11/10/2018 16:21

Stockwhittler who is worth following on his blog or via twitter sold out of CAKE last August after some real life and anecdotal research of their offering:

[hydrus] 11/10/2018 16:12

Somebody Thornton Big - Maybe Billy Bob?

[big7ime] 11/10/2018 15:50

Wish some of my companies put out a statement cos it has worked


XLMedia (AIM: XLM), a leading provider of digital performance marketing services, notes the recent share price movement and confirms it knows of no operational or corporate reason for the movement.

The Company continues to trade in line with market expectations for the year ending 31 December 2018, has a material cash balance and continues to generate strong cash flows from operations. The Company's strategy remains to grow the business both through organic and acquisitive growth.


Un F’ing believable. Do they not look at the mkt?
😆

[big7ime] 11/10/2018 15:24

Who was the auditor?