Shares opinions?

MaxiRobriguez

bowlhead99 said:

MaxiRobriguez said:

Wouldn't touch retail shops or airlines with a bargepole. Unfortunately I'm left holding a company of which 50% of it's profits are in travel - I'm half expecting it to go bankrupt. 

I wonder if that's WH Smith?.

It's SAGA. I've no interest in WH Smiths and would expect them to fail at some point in the near future as well. 

Zorillo

I have happy childhood memories of WH Smith. Problem is I'm nearly 40 and I dont have any good ones as an adult.

bowlhead99

Zorillo said:

I have happy childhood memories of WH Smith. Problem is I'm nearly 40 and I dont have any good ones as an adult.

They still sell magazines, but like you say, don't have any good adult ones. 

Thrugelmir

blue_max_3 said:

bowlhead99 said:

I wonder if that's WH Smith? I bought in on election results day at £21 ; sold some in December at £26 and the rest in early march for £17. It's down to £7.90 today after yesterday's results announcement (fine for the period just gone, bleak for the period ahead) but at some point it may be worth a punt. Since it hit £7 in mid March they have done a placing and obtained debt finance so they are allegedly 'poised for recovery' - but adding extra concessions in US airports etc is not going to do a lot of good if flight volumes are through the floor for the next couple of years.  I can't imagine people are flocking to their high street stores to stock up on essential stationery, magazines and greetings cards in this day and age - convenience stores at stations and airports was where the growth was coming from.

Haven't actually bought anything in WH Smiths for years. It has zero value for me. Whether it rewards investors is another thing though. But I doubt I'm alone.

Profitable part of the business is the travel arena. Airports, stations, motorway service stations etc. Hence why the shares have been hit so hard. A long term recovery play. 

Novice_investor101

I have bought some aviva shares for 2.32 this week. In my LlSA. Only £2000 worth but worth a long term punt, unlikely to go bust & they’ll probably return to paying a divided soon enough. 

I toyed with idea of buying rbs shares but decided not too. I only own two equity stocks - this aviva trade & free shares I fort from my employer 

DireEmblem

Aviva seems a pretty good shout, but I can't quite tell if they're an old clunky beast and difficult to change, but do see a potential uplift.  Another shout I think would be some smaller UK companies like Hurricane Energy.  Banks also are overly traded, but still the likes of RBS I think is still of value, or if you're looking for a foreign stock, then StateStreet possibly if they drop nearer the $50 mark, and Disney around their current $100.

I don't understand the current valuations for the likes of say Greggs or JDW.  Right now they don't really have much of a business, especially the latter.  The problem potentially with Greggs, or even anything where your average office worker goes to shop for lunch won't get anywhere near to where they used to be, until office workers are actually back in their offices imo.