Playing FTSE Banks, Brokers & A Whole Load of Updates!
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► Episode Notes:
Who’s been doing the financial equivalent of untangling Christmas lights? Find out on this week’s PlayingFTSE Show!
Both the FTSE 100 and the S&P 500 have done well this week. But one of the Steves has one better than both – which one is it?
On the subject of investment returns Trading212 – our sponsor on this show – have changed the way their platform shows returns. It’s going to be money-weighted from this point on.
This matters for investors trying to work out whether or not they’ve beaten an index. And Steve D has a neat farming analogy to sort it all out for those who are wondering why…
Freetrade really ought to have been Steve D’s worst investment. It’s a private company so quotes aren’t available so often, but shares were valued at above £9 at one point.
Unfortunately, the firm has just been taken over at £1.19 per share. That’s a big decline and there’s no way back from here – so why isn’t Steve bothered by this?
Diploma’s latest update is out and Steve W’s been taking a look. It’s hard to see what the market thought of it, since it came out on the same days as some positive UK inflation data.
Organic revenue was up 7% in the most recent quarter and total sales are 12% higher. But with no change to guidance is this really a reason for the share price to go higher?
Vistry shares have been under pressure recently, with cost issues in its South Division. The stock rallied sharply this week, though, as the most recent report seemed reassuring.
Steve D has been taking a look and thinks things look encouraging. With the firm having impressive protection from the volatile UK housing market, is there a buying opportunity?
After its latest trading update, Games Workshop saw its share price fall this week. But the report was fairly strong, aside from some uncertainty around tariffs and inflation.
The stock had been rising before, though, and the latest drop brings it back to around 25 times earnings. With its capital return policy, Steve W thinks this looks reasonable.
Wise has been going from strength to strength, but the market hasn’t been buying it. But it’s our top pick for the Britbox, so Steve and Steve have both been taking a look.
The take rate was lower in the last three months, which is probably what investors don’t like. But is this the company taking a hit to its profits or extending its competitive advantage?
It’s earnings season again. As usual, Steve W has been on the case with the US banks and he’s been checking out investment banking, interest income, and loan loss reserves.
The news is positive across the board, which gives someone with Citigroup as his largest investment a bit of a dilemma. What’s a Steve to do?
TSMC has also been putting up some impressive results lately. And with huge margins (for a manufacturer) and impressive growth, is it showing that Warren Buffett made a mistake?
Steve D has a fun idea about what might happen between the company and Intel. But is there a case to be made for buying the stock right now?
Only on this week’s PlayingFTSE Podcast!
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► Timestamps:
0:00 INTRO & OUR WEEKS
6:56 HOW MWRR WORKS
16:39 FEETRADE ACQUIRED
23:21 DIPLOMA
26:44 VISTRY
31:22 GAMES WORKSHOP
36:05 WISE
43:14 US BANKS
55:53 TSMC
► Show Notes:
What’s been going on in the financial world and why should anyone care? Find out as we dive into the latest news and try to figure out what any of it means. We talk about stocks, markets, politics, and loads of other things in a way that’s accessible, light-hearted and (we hope) entertaining. For the people who know nothing, by the people who know even less. Enjoy
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► Disclaimer:
This information is for entertainment purposes only and does not constitute financial advice. Always consult with a qualified financial professional before making any investment decisions.