Who’s got wood? Find out on this week’s PlayingFTSE Show!
Both Steves are up ahead of the market again this week, extending an impressive run. But who were the real winners over the last seven days?
As FTSE 250 stocks go, XPS Pensions has been an outstanding performer over the last five years. And the future doesn’t look bad either.
A strong competitive position in an industry where shifting regulation should mean steady demand is a very good thing. And there’s a share buyback to consider, as well…
FTSE 100 events company Informa has caught Steve W’s eye. He’s not going to World of Concrete and doesn’t know anyone who is, but there might be money in running it.
Attractive economics and a resilient business are big plus points. On the other hand, an acquisition at over 20 times adjusted EBITDA means there’s some risk with the stock.
Ashtead is making its way from the UK to the US, but shares didn’t get the boost investors might have hoped for. Probably because it also came with a profit warning.
Despite a cyclical downturn, the stock seems like decent value. Steve D, however, thinks taking a closer look reveals a different picture of the relatively attractive multiple.
Renew is an uninteresting business in an uninteresting industry. Sometimes, though, these boring stocks can generate some impressive returns for investors.
Rail maintenance work has unironically been delayed and this is weighing on growth. But with maintenance work non-negotiable, it might just be a case of being patient.
Only on this week’s PlayingFTSE Podcast!
► Get a free share!
This show is sponsored by Trading 212! To get free fractional shares worth up to 100 EUR / GBP, you can open an account with Trading 212 through this link https://www.trading212.com/Jdsfj/FTSE. Terms apply.
When investing, your capital is at risk and you may get back less than invested.
Past performance doesn’t guarantee future results.
► Get 15% OFF Finchat.io:
Huge thanks to our sponsor, FinChat.io, the best investing toolkit we've discovered! Get 15% off your subscription with code below and unlock powerful tools to analyze stocks, discover hidden gems, and build income streams. Check them out at FinChat.io!
https://finchat.io/playingftse/?lmref=iQl2VQ
► Follow Us On Substack:
https://playingftse.substack.com/
► Support the show:
Appreciate the show and want to offer your support? You could always buy us a coffee at: https://ko-fi.com/playingftse
(All proceeds reinvested into the show and not to coffee!)
There are many ways to help support the show, liking, commenting and sharing our episodes with friends! You can also check out our clothing merch store: https://playingftse.teemill.com/
We get a small cut of anything you buy which will be reinvested back into the show...
► Timestamps:
0:00 INTRO & OUR WEEKS
6:22 XPS Pensions
19:23 Informa
35:26 Ashtead Group
49:40 Renew Holdings
► 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
► Wanna get in contact?
Got a question for us? Drop it in the comments below or reach out to us on Twitter: https://twitter.com/playingftseshow
Or on Instagram: https://www.instagram.com/playing_ftse/
► Enquiries:
Please email - playingftsepodcast@gmail(dot)com
► 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.