You have summed MRK up perfectly. Smithson has got them this far single handed ad knows what he is doing to have achieved that imo. With small co's like this there's always a lot of teething hurdles and taking on the staff, training them and purchasing £1.2m worth of vehicles is one of those hurdles you need to bite the bullet on, take a bit of flack from short termers over the eps but know this is the right thing for growth and wave the results in punters faces in a years time imo. It really is a breath of fresh air to see an aim co where the board aren't just trying to dump shares after ramping up the price.
It's been a busy week and was thinking TEP was last week. Yes, the trading update was good and I am surprised the shareprice came off (well not that surprised in this market) but I suspect there were traders in there before the results and they sold out after them. The yield and the cash they have will get spelt out more at the results so I think it will be then when they react more if this market hasn't deteriorated.
SHOE should have a trading update anytime so hopefully that will be as exciting as the past two. I'm sure those feeling the pinch are looking around for value, we will see. I hold SHOE still, I was in at circa 80p so they were up 200% recently, before the pull back. The share buybacks are going to improve dilute eps too.
In my humble opinion MRK are taking the opportunity to park their American Fridge Freezer right in the middle of AO.'s and (in particular) Curry's kitchens. The electrical trade has always been cut throat and relatively low margin, and consequently it's hard to define a USP. Service therefore has to be bang on to hope that customers who came to you for a washer purely on price then remember and come back for something else, so Marks are being bold with investments in delivery and add on services but other than bang away on price (which they're very good at) then what else do you do?
Any thoughts on TEP from this week? I've switched my mother's utility and a couple of services to them, (basically I'm using Mum to mystery shop!) The temptation was reducing her energy bill. Bundling services doesn't help that much because while it reduces the standing charges for gas and electricity you're probably going to pay more for the mobile SIM or whatever services you add on than if you shop around. The game changer for me which you've highlighted before is the cash back debit card which reduces the utility bill directly; and is also a great budgeting tool because it's pre paid, so a bit like having cash in your purse, you can see what you've got left for the week.
I think SHOE are due an update in the next week or two . The share price has been drifting down despite the last (positive) update. Even being good in this market can do you no good!
[I hold SHOE, TEP but non of the sparks mentioned above]
Very much enjoyed the Vox interview, thanks for that.
You have summed MRK up perfectly. Smithson has got them this far single handed ad knows what he is doing to have achieved that imo. With small co's like this there's always a lot of teething hurdles and taking on the staff, training them and purchasing £1.2m worth of vehicles is one of those hurdles you need to bite the bullet on, take a bit of flack from short termers over the eps but know this is the right thing for growth and wave the results in punters faces in a years time imo. It really is a breath of fresh air to see an aim co where the board aren't just trying to dump shares after ramping up the price.
It's been a busy week and was thinking TEP was last week. Yes, the trading update was good and I am surprised the shareprice came off (well not that surprised in this market) but I suspect there were traders in there before the results and they sold out after them. The yield and the cash they have will get spelt out more at the results so I think it will be then when they react more if this market hasn't deteriorated.
SHOE should have a trading update anytime so hopefully that will be as exciting as the past two. I'm sure those feeling the pinch are looking around for value, we will see. I hold SHOE still, I was in at circa 80p so they were up 200% recently, before the pull back. The share buybacks are going to improve dilute eps too.
All the best
In my humble opinion MRK are taking the opportunity to park their American Fridge Freezer right in the middle of AO.'s and (in particular) Curry's kitchens. The electrical trade has always been cut throat and relatively low margin, and consequently it's hard to define a USP. Service therefore has to be bang on to hope that customers who came to you for a washer purely on price then remember and come back for something else, so Marks are being bold with investments in delivery and add on services but other than bang away on price (which they're very good at) then what else do you do?
Any thoughts on TEP from this week? I've switched my mother's utility and a couple of services to them, (basically I'm using Mum to mystery shop!) The temptation was reducing her energy bill. Bundling services doesn't help that much because while it reduces the standing charges for gas and electricity you're probably going to pay more for the mobile SIM or whatever services you add on than if you shop around. The game changer for me which you've highlighted before is the cash back debit card which reduces the utility bill directly; and is also a great budgeting tool because it's pre paid, so a bit like having cash in your purse, you can see what you've got left for the week.
I think SHOE are due an update in the next week or two . The share price has been drifting down despite the last (positive) update. Even being good in this market can do you no good!
[I hold SHOE, TEP but non of the sparks mentioned above]
Very much enjoyed the Vox interview, thanks for that.
Best wishes,
TEIN.