22 Comments
Feb 24Liked by Cockney Rebel

Love the painting of Paul

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Feb 21Liked by Cockney Rebel

As always, thanks for sharing your thoughts.

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Sorry - Keyword Studios KWS

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Yes, look at the Chairman's buys too, he nearly caught the bottom in Aug, bought bang on the bottom in November and then added last week, one month before the results, £150k worth in 3 trades - he had none before.

Perhaps they'll be upbeat on current trading after recent acquisitions.

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Easy done, not a problem :-)

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Broker forecasts for AVON are for 39p eps this year and 59p next year. That's a PE of 23 for this year falling to 15 for next year. Seeing I think they could beat by some way then I think the likely PE's will prove to be lower than this imo

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Sorry Guy but where did I say 15p eps for this year?

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Hi Cockney, I enjoy your substack thankyou. However I am struggling with Avon to see the opportunity. I agree with much of the praise of the company but that doesn't necessarily make it a good investment. At circa £9 a share your estimate of 15p eps puts it on 60 times unless I am missing something? There is a lot of recovery in that price IMO.

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I’m getting confused CR - which company’s chairman do these trades relate to please ?

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Love these weekly updates CR thanks very much - KWS is interesting for sure, perhaps oversold on fear of impact of AI and the de-hyping of the post covid gaming bubble. A nice way of covering off the gaming sector without exposure to the risks that individual game studios have to deal with when releasing new games.

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Hi CR, Many thanks once again for a clear and honest appraisal of how to invest and stay grounded. I am looking forward to JET2 trading update this week? Have you ever considered investment trusts in the PE sector given their large NAV discounts. I hold Oakley Capital OCI for long term record and Chrysalis CHRY for a rerate. Given the lack of IPO's and how many companies are being bought up or disappearing from the stock market some of the best new companies appear here and when interest rates decrease then they have a bigger war chest to deploy IMO. Love the art.

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Ah Cockney, apologies I see what I did there!! I have picked up the CMCX commentary. Doh!!

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Have i misunderstood this Cockney? - With £40m pbt this year giving 10p eps forecasts, adding £21m to it should mean 15p eps+ going forward, excluding organic growth imo, Forecasts only showing 13p at the moment so I think there is more upside than expected

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CR, thanks for the great read yet again, some great takeaways. I'm glad you're upbeat with MKS, which has pulled back further than I expected, [I hold].

Anyway, on to your blood pressure, I've long been a fan of standing desks but have recently reconfigured to add a treadmill, so now a walking desk. It's easy to read and type, even to drink tea, but doesn't do anything for my already poor handwriting which I previously thought couldn't get any worse! However it does do wonders for my daily steps, and therefore for my blood pressure readings, and I focus better whilst working, and feel better afterwards, afterall who wants to sit at a computer all day? Have a good week ahead, TEIN.

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