Episode 41: Pauls Back! The Mouse (Disney), Beyond Meat &Tattooed Chef!

Why are Kellogg's being sued? What's wrong with the latest Workhorse van? And how much does OnlyFans magnate Black China make? Find out on this week's Playing FTSE Podcast!

 

This week we welcome Paul back after a two week spell on the sidelines. And he's straight back into the thick of the action with a game all of his own design! Following the IPO of Amazon-backed, Ford-backed, T-Rowe Price-backed EV manufacturer Rivian, Paul tests the Steves on some facts about Rivian and how its revenues (yes -- Rivian's revenues) relate to some other famous individuals and companies.

 

In other EV news this week, Elon Musk has been instructed via Twitter to offload 10% of his Tesla shares. With Musk seemingly looking for reasons to sell one way or another, we discuss what might really be going on behind the scenes. Find out what Michael Burry had to say on the subject and find out which of us didn't vote in the poll put out by Elon himself.

 

As earnings season continues to roll on, we talk about the earnings from Disney. A company that each of us owns, Disney put out disappointing numbers to end the July-September quarter. Find out what the Steves think of Bob Chapek at an unprofessional level, what the disappointing numbers show about the way the company is being viewed as a growth story, and how Paul plans to compare Disney to Netflix.

 

In more disappointing earnings news, Beyond Meat's stock has been getting hit as a result of an earnings miss and some weak guidance for the next quarter. In the light of yet more bad news, we discuss the significance of analyst expectations, what role they play in our thinking, and how we use them in making our investing decisions. Steve W also looks forward to the McPlant burger from Beyond Meat, Paul congratulates himself on selling it at the right time, and Steve D reflects on the fact that he can't taste anything at all after testing positive for COVID.

 

All in this week's Playing FTSE!