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You seem shrewd, Pecker.
If you have any other pearls of investment advice, do share. So far we have; * Don't worry about balance sheets, and * What goes up... |
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pecker heres what i think of ladbrokes shops in ireland.clueless staff.bad/joke morning prices.empty shops,never take a decent bet.,,and u seem to think its all sweetness and light?!!?am i missing something?
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https://uk.finance.yahoo.com/news/winning-betting-war-ladbrokes-william-125043198.html
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Educate me some wiseguy.
Who is the industry market leader? |
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Has the debate suddenly changed?
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PRIME RETAIL LOCATION................
Who comes first................... LADDIES DO.......................... |
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See thread title.
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Kavvie, no ,not at all.
I totally agree. I never touched on customer service or trading principles. All i am saying is falling profits on the balance sheet mean SFA. I dont need yahoo or some other finance guru telling me what he wants me to believe when i already know from many years first hand. |
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Can't believe you are sticking up for them Pecker,they sponsor a few races fair enough but what they offer their Irish customer they should be ran out of the country and the sooner the better with the prices they give.
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were talking about an outfit that perceived as a joke by punters?what has location to do with it?the ladbrokes life ads?a sad joke also..
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One person uses so many words to say absolutely nothing of consequence.
The other person with respect, clearly does not understand. |
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me not understand?..if you go to a restaurant and get a bad meal u dont go back.same thing to me..what do i not undrstand?
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P.A
I HATE THEM WITH EVERY DROP OF BLOOD IN ME. I am merely debating the facts or perception with regard loss of profits. |
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This is a masterclass in debating, Pecker. Do carry on.
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Sorry Kavie,
its all about location and prime retail estate also cash flow and timeing. |
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I beg your pardon Pecker,picked you up wrong, that's a different matter in regards perception with profit loss, no accountant but after reading their half yearly report it seemed to me to be a fair downturn on the previous half.
Thanks to Distant View for his point earlier in the thread. |
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Oz, it appears you just have a negative outlook and like to attack because you cant mount a defence because you have none without referring to others for information in order to form a false deluded opinion.
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So its a real estate play?
Who knew? All these fools investing in their digital platform when they should have focused on their real estate. |
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PA.........thats grand..
I do have accountancy exams behind me and have some understanding. I don't claim to be shrewd or otherwise. |
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One company spent a fortune a few years back just. Then ripped it all out and started again.
Not to mention the rock and all sorts of other issue. |
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What goes up..?
Nokia,Dell,General Motors,lehaman brothers,Enron,INM. Peckerdunne, It's hard to know where to start because your posts are littered with factual errors and lack any substantial detail or content under the veneer of being bound to confidentiality. Your proclamation of value investing over growth investing is about the only thing you have got right but there are far superior investments with P/E multiples of 12 available than a company who has no digital platform in an industry that is dominated by online revenues. "Tekkie is a huge area of costly investment, rapidly changing, and to some extent, still in its infancy." The above statement is astonishing and reveals a distinct lack of awareness,the online market has almost completely evolved and is so competitive that it is almost impossible to penetrate the home markets. I would not be investing in this industry at all at the moment due to increased legislation and potentially an increasing array of taxation measures. They're online operating profit is €3m (Distant View correctly points out that this is exaggerated by recent investment) their position is virtually unrecoverable due to the shambles they have made of their mobile applications and website. "When i look to invest in a company the balance sheet is not the main factor at all. Policy strategy and the physcology of the MD and his board are vital, and how they see time and transition along with property and Gov policy and the youth and the tekkies." Obviously investing should not be based exclusively on fundamentals but it would be folly to make an investment without carrying out a detailed cash flow discounting model. I can't wait to hear what you find so attractive about the current board of laddies and their coherent strategic plan? You're completely overestimating the importance of retail bookmaking and ignoring how far their online presence is behind that of their competitors. They have a mountain to climb to even challenge their online competitors at this advanced stage. The ubiquitous and pervasiveness concept of profitable retail bookmaking is in terminal decline . |
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Anyway I am off to invest in Barnes & Noble booksellers. A market leader with fantastic prime real estate. This online milarkey is all a fad.
Laters, Pecker! |
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Oz
it appears i know little about hurling also, but i will enjoy counting the money.. then i will invest in some company with retail premises in the ars e end of nowhere |
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No flies on Pecker!
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DJ
Thanks for supporting my point so eloquently. I would not be risk taking with you. You have a bias that will hinder you. |
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![]() Reminiscent of Borneo at times. |
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Good to see others see through the verbose boring DJ876 and his wannabe friend Ozymandius,he is seen as Kingrats replacement.
Dj876 is probably a good accountant with John Lennon type glasses,needs security so not self employed,works for the government or some EU funded organisation. His life is so ordered that any move off topic however slight is met with consternation and an inability to cope. Ray Davies had him in mind when he wrote A Well Respected Man. |
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More playing of the man rather than the ball.
I don't consider dj verbose or boring; he uses technical terms which may be beyond you. His writing is succinct, accurate and concerned with the debate at hand. Always relevant, always interesting. DCF's and PEG ratios etc are not the traditional staples of the practising accountant, being concerned more with valuation than recording. He may have an accounting qualification but I suspect he has broader responsibilities. If he is a public servant, then fantastic. we are lucky to have him working for us. I suspect a man of his ability will not find the rewards of the public sector attractive when compared to his worth in the private sector. This notion of him as ordered or risk adverse as a negative is a complete nonsense. All modern punters are concerned with risk assesment and use of all available tools accordingly. The fact that he doesn't go 'all in' every month or so should mark him down as competent, not the reverse. In summary, an educated, intelligent, perceptive, well-informed, articulate and capable contributor and gambler. |
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OZ
The chap obviously has capabilities. It is a shame he takes them for granted. The chap is blinded. As i said he has a bias. "Tekkie is a huge area of costly investment, rapidly changing, and to some extent, still in its infancy." His response refers to market conditions which i never mentioned. His bias has blinded him. His desire to get his tuppence in has has led him to answer a different topic all together. Peckerdunne, It's hard to know where to start because your posts are littered with factual errors and lack any substantial detail or content under the veneer of being bound to confidentiality He has not been able to pin point my factual errors as yet. He then makes a leap of faith to state some veneer of being bound to confidentiality. So he can read and write, he can copy and paste but he cant get past his bias. He could'nt forecast christmas without checking with daddy first. |
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. Your proclamation of value investing over growth investing is about the only thing you have got right but there are far superior investments with P/E multiples of 12 available than a company who has no digital platform in an industry that is dominated by online revenues.
His bias has blinded him again. I think he is bred to feel superior or to attempt to make others feel inferior. However his above statement has no relevance to the matter of Laddies profit margin and no one claimed them to be a good investment.He chooses to digress because of his bias. |
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He may be educated,he may be intelligent,he may be perceptive,he maybe well informed,he may be articulate,he may be a capable contributor but he is not or never was a gambler.
He is a risk averse numbers man with no soul,no joy just a monotonous drone with a short fuse. Ozymandius he will be delighted with your description of him whether its enough to get him on your team is another matter |
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Pecker, I have no idea what points you are trying to make about Ladbrokes at this stage. Exactly what topic do you think you are addressing?
Everyone who responds to you, you suggest don't get it or or are biased. Don't get what exactly? And biased against what exactly? You used to work for them (no idea when) and respect their market position and power, is that it in a nutshell? Do you think they will come good again and are a good investment? |
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The above statement is astonishing and reveals a distinct lack of awareness,the online market has almost completely evolved and is so competitive that it is almost impossible to penetrate the home markets. I would not be investing in this industry at all at the moment due to increased legislation and potentially an increasing array of taxation measures. They're online operating profit is €3m (Distant View correctly points out that this is exaggerated by recent investment) their position is virtually unrecoverable due to the shambles they have made of their mobile applications and website.
So now he is trying to rehash my earlier points regarding taxation and and legislation, which he must have missed due to a bias and then use that to further his point, which does not deal with the topic. He chooses to meander from this to that in an attempt to distract from his bias. As regards unrecoverable positions. He clearly does not understand the industry. It is a joke of a statement. |
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Any old g0b**** can be a 'gambler'. With 95% or so losing money it is hardly a badge of honour.
Its abut being a 'successful gambler'....that is what should garner respect. I would have thought being au fait with numbers and being risk aware were key components to successful gambling. |
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Pecker,any chance of addressing the questions in my post of 11.24?
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You should enjoy betting,you should enjoy gambling DJ876 is formulaic mentally twisted,crammed with rules and unsuccessful.
He has given some wishy washy write ups ( King George a prime example ) lots of words no commitment all had great chances when finally nailed down he tipped two horses naturally both lost. His tipping record here is way the worst but he thinks its good more of his blindness,normally I wouldn't mention that but he first launched an unprovoked attack on Workrider followed by another snide attack on Richters,he then made false allegations against me and in true style when the relevant thread reemerged it was DJ876 who had made the alleged allegations. |
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Oz
Do i have to spoon feed you. The late 90s started a transition period for more than one reason as i have pointed out earlier. Big money was spent on bet capture and other systems that cost a fortune but then had to be ripped out as pointed out earlier. I have mentioned tax, gov policy, the rock, changing product and customer base. Laddies will bounce back. Laddies have control. I am not a fan of them and reccommend nothing. If people think it is a slippery slope to no where, they will be wrong. I fail to see how can comment when you have contributed nothing what so ever other than trite. I paint a picture but you and buddy could'nt frame a postcard. |
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I don't know why I bother! Pecker is clearly an incoherent, rambling tool!
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The ubiquitous and pervasiveness concept of profitable retail bookmaking is in terminal decline .
He really enlightened everyone with this groundbreaking news. |
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Oz
I know why you bother. It is a shame all you can do is condemn. |