

Adyen, Admiral, Tencent & Why Rishi Thinks You Don't Deserve A Payrise
► Episode Notes:
Why did Steve D have to pull over this week? Find out on this week’s PlayingFTSE Show!
There’s been a lot going on this week – Steve D’s been buying cheese and Steve W’s been watching cricket. But we’ve also got the latest news from the UK, as well as earnings from Adyen, Admiral, and Tencent.
We’re starting off with the latest macroeconomic news from the UK. Inflation has been coming down as wages have been going up – but why is Steve D cross about basically everything?
Then it’s on to some earnings, starting with Adyen. The stock has taken a big 40% hit this week, but the business is growing – so is this a buying opportunity for either Steve?
After that, we’re looking at Admiral, which Steve W thinks is better than most investors are thinking. Inflation is weighing on the company’s bottom line, so why did the stock rise by 5% this week?
And we’re finishing with Tencent – a stock that we haven’t looked at recently. It’s quietly grown into an impressive business, with a lot of different operations but one in particular has caught Steve D’s eye.
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