Category Archives for "Consumer"

Do they know something? Informative conformity and stocks

The herding instinct is strong in markets. Solomon Asch would characterise this as ‘informative conformity’ where the participant would disbelieve the evidence of their own eyes and yield to the group think. In Asch’s experiments, the results were remarkable, particularly given the exclusion of outside variables beyond the comparative data (the height of the columns […]

Continue reading

Wazzup – 20th Sept 2017

Slow start to the new fiscal year for FEDEX (fdx) and DIAGEO (dge_l).       Fedex Q1 disappoints on cyber-attacks and hurricane headwinds, while Diageo blames a late Chinese New year and US spirits investment for a weak start to its FY18.  Management innocent on all counts, of course   ;-)   Fedex – Q1 FY18:  […]

Continue reading

Apple (aapl) – where to now?

It’s difficult to get overly excited with the shares. Having briefly rallied after the better than expected Q3 results, the long awaited new product launches do little to resolve the big question and the shares are back below their relative market level when I closed the GrowthRater long position back on 13 May, for a 29% […]

Continue reading

Wazzup – 27 July 2017 – a results palooza!

A results deluge today as companies report Q2 numbers ahead of the August holidays.  Updates from RELX, ITV, DMGT, Sky, A3M, S&P Global, Amazon, Comcast, Nielsen, Solocal, Barrick, Dow Chemical, Fiat Chrysler, Eastman Chemical, BASF, Air Products, Danone and VW, to name a few.     RELX  – H1 FY17 results.   Fortunately, another steady […]

Continue reading

Diageo’s One Billion Dollar gamble

One Billion Dollars!, Yes, that’s right, Diageo has agreed to pay up to one billion dollars ($700m up front with the remaining $300m deferred) for Casamigos, a four year old tequila brand created in 2013 by George Clooney, Rande Gerber (a “nightlife entrepreneur and Mr Cindy Crawford), & Mike Meldman (a property developer). Given that […]

Continue reading

Whitbread continues to deliver the goods

Whitbread Q1 trading update confirms solid start to year – remains in the GrowthRater portfolio   The recent consumption data for May from VISA  that I highlighted earlier in the month which showed a relatively buoyant YoY growth in expenditure of +3.3% for Hotels, Restaurants and Bars was also reflected in Whitbread’s Q1 trading update. While […]

Continue reading

Closing long position on Apple Inc (aapl) for a +29% gain (+105% annualised)

I am closing my long position on Apple (aapl) I established back in February at $121.4 ps. With the shares closing at $156.1 on Friday, that’s a gain of approx +29% over the 100 days held; an annualised return of 105%.   GrowthRater porfolio – recent closed positions   WHY? Trade the story, rather than […]

Continue reading

Wazzup today in the markets – 10th May 2017

  ITV (itv_l) – Q FY17 IMS:   Mid-year 2017 inflection point or just wishful thinking ahead of Brexit negotiations?      . Wolters Kluwer (wkl_as) – Q1 FY17 IMS: No fireworks, but a >5% OpFCF yield = a NIRP bolt-hole Compass Group (cpg_l) – H1 FY17 results: Solid value & improving momentum .    Muted start to […]

Continue reading