Playing FTSE playingftsepodcast

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► Episode Notes:

Who’s birthday is it this week? Find out on this week’s PlayingFTSE Show!

Steve and Steve have been mad busy this week. One of them has been staring at a pile of exam papers on Aesthetics, the other has been stuck doing his civic duty.

Both are in to talk about the latest news, though. It’s been quite a week for the UK and we wouldn’t miss it for the world.

The Labour Party’s manifesto is an interesting document. There’s lots to think about, but one question is how much of it they’re actually in a position to deliver on.

Steve W has some strong views on a potential windfall tax on oil and gas companies, and Steve D is interested in housing. What else is on the cards if there’s a change of government on the way?

Inflation in the UK hit 2% this week, but there’s plenty below the surface for investors to keep an eye on. Core inflation is still high and prices are still up a long way from where they were in 2020.

Interest rates aren’t coming down yet. But that isn’t stopping the housing market, which is back to all time highs, despite prices going up below the rate of core inflation…

The Liberal Democrats have a manifesto for this election and there’s a lot to like in it. It’s not just a watered-down version of Labour’s policy document, there’s plenty that makes a lot of sense.

Does any of it matter, though? With the party trailing badly in the polls, is there any reason to vote for them given that their intentions do look strikingly similar to those of another party with better odds?

It’s time for another look at B&M European Value. The FTSE 100 retailer is down 25% since Steve W thought it looked like decent value at the start of the year.

The business is performing well, though. So could a rising dividend yield be an opportunity for a company with some of the lowest costs in the industry?

Only on this week’s PlayingFTSE Podcast!

► 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....COMPOUNDING! (you read that in Svens voice right? Did Briscoe mention he got Sven on the show!?)

► Timestamps:

0:00 Intro & How’s Your Week Been?
9:16 Labour Manifesto
30:19 Macro update
43:40 Lib Dem Update
1:03:43 B&M Bargains (Bargain Shop Bargain Price)

► 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

► Get a free share!



This show is sponsored by Trading 212! If you'd like to sign up for an account and get a free share you can do so on the link below!



https://www.trading212.com/Jdsfj/FTSE



► Get 15% OFF Finchat.io:



Our friends at Finchat.io have kindly offered our subscribers 15% off any paid subscription on their site. We highly recommend this tool for stock analysis and summarising earnings calls!



https://finchat.io/playingftse/?lmref=iQl2VQ



► Episode Notes:



What’s Steve D doing this week? Don’t find out on this wek’s PlayingFTSE Show!



It’s been a bruising week in the markets for both Steve and Steve, with UK stocks struggling as interest rate cuts are delayed. But they’re here to talk about itwith everyone.



With the election on the horizon, Steve D has been taking a look at some manifestoes. We’re starting this week with the Conservative Party and what they’re planning.



There are plans for National Insurance, defence, education, and energy. A lot have been trailed in advance, but do any of them resonate with Steve and Steve?



Halma is one of Steve W’s favourite UK stocks and it reported its full-year results this week. The stock is up 12% as earnings look positive, but is a P/E ratio of 40 too much to pay?



High-performing conglomerates can be great investments, but they tend to slow down over time. So is Halma anywhere near that point, or is the company’s growth just speeding up?



Wise is a stock that has confused the Steves before. Last time it provided an update, the stock went down but it wasn’t entirely clear why – and it’s doing it again…



Interest income is high with interest rates up. But with the stock now at 75% of its IPO price, at what point does it become a bargain that’s too good to pass up?



Only on this week’s PlayingFTSE Podcast!



► What We Consumed This Week:



► 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....COMPOUNDING! (you read that in Svens voice right? Did Briscoe mention he got Sven on the show!?)



► Timestamps:



0:00 Intro & How’s Your Week Been?

9:48 Tory Manifesto

33:12 Halma

47:21 Wise



► 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

► Get a free share!

This show is sponsored by Trading 212! If you'd like to sign up for an account and get a free share you can do so on the link below!

https://www.trading212.com/Jdsfj/FTSE

► Get 15% OFF Finchat.io:

Our friends at Finchat.io have kindly offered our subscribers 15% off any paid subscription on their site. We highly recommend this tool for stock analysis and summarising earnings calls!

https://finchat.io/playingftse/?lmref=iQl2VQ

► Episode Notes:

Did Steve D buy those Diageo shares from last week? Find out on this week’s PlayingFTSE Show!

Steve and Steve are talking stocks to consider buying this week. There’s some news left over from last time and three more to add to the watchlists.

We’ve had a request from a viewer on Spotify to talk about Games Workshop. Steve W has been looking at this one and there’s a lot to like about the company.

Strong intellectual property makes for some attractive economics. But why does Steve think it will upset both value investors and dividend investors?

Steve D has been hunting for bargains and the place he’s been looking is Ollie’s Bargain Outlet. Discount retail is in at the moment and this is a stock we’ve looked at before.

Strong growth from new stores as well as some more affluent customers refusing to trade back up as inflation subsides is pushing things along. Is the stock (or Five Below) a buy?

Rentokil Initial isn’t a stock we’ve talked about on the show before, but it’s catching Steve W’s attention. Pest control is about as acyclical as it gets, but the stock is down big.

A potentially transformative acquisition is the reason, but could the damage to the balance sheet be temporary? And after a 7% rally, is it too late for UK investors to get buying?

MongoDG is a database software business that’s on the move higher. Stock-based compensation is growing swiftly, but so is the overall business.

A big drop might be an opening for the Steves to start taking an interest. With the industry in a cyclical downtrend, could it be time to make a move with others on the sidelines?

Only on this week’s PlayingFTSE Podcast!

► 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....COMPOUNDING! (you read that in Svens voice right? Did Briscoe mention he got Sven on the show!?)

► Timestamps:

0:00 Intro & How’s Your Week Been?
7:38 Games Workshop
25:44 Ollies Bargain Outlet
44:41 Rentokil
58:51 Mongodb

► 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

► Get a free share!

This show is sponsored by Trading 212! If you'd like to sign up for an account and get a free share you can do so on the link below!

https://www.trading212.com/Jdsfj/FTSE

► Get 15% OFF Finchat.io:

Our friends at Finchat.io have kindly offered our subscribers 15% off any paid subscription on their site. We highly recommend this tool for stock analysis and summarising earnings calls!

https://finchat.io/playingftse/?lmref=iQl2VQ

► Episode Notes:

What’s Steve D been thinking about in bed this week? Find out on this week’s PlayingFTSE Show!

There’s been a lot going on in the world and Steve and Steve are on deck to talk about some of the highlights. They’re talking bank accounts, earnings, and a stock for investors to consider buying.

Marcus have been pulling in their interest rates – and both Steves have noticed it. Holding cash in the Goldman savings account isn’t as attractive as it might once have been.

There’s now clear daylight between its rate and the rate on the Trading212 account. But Steve W is wondering whether this might be a sign of things to come.

If rates are about to come down, dividend yields are likely to follow. So could time be running out to invest in the stock market with prices at bargain levels?

The latest earnings report from Salesforce is also out. The market didn’t much like it, with margins coming down, but Steve D thinks there’s a lot to like about it.

Stock-based compensation is relatively high, at 8% of revenues. But is this something investors should be ok with given the company’s performance across the board?

Growth has been strong across the board and Salesforce is in a position where nobody wants to compete with them. With the stock down, Steve D is having a closer look.

Steve W has been looking at Diageo. With the FTSE 100 up solidly over the last year, the stock has been going the other way.

A strong brand portfolio and a huge distribution network give it a big advantage over its competitors. So why has the stock been going backwards?

A premium portfolio in a world of high interest rates hasn’t been a winning combination. But with Guinness holding up well, Steve W thinks things might be about to turn around.

► What We Consumed This Week:

► 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....COMPOUNDING! (you read that in Svens voice right? Did Briscoe mention he got Sven on the show!?)

► Timestamps:

0:00 Intro & How’s Your Week Been?
7:47 Savings Rates Are Being Cut
20:55 Salesforce
43:58 Diageo

► 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

► Get a free share!

This show is sponsored by Trading 212! If you'd like to sign up for an account and get a free share you can do so on the link below! And full disclosure we get one too!
https://www.trading212.com/Jdsfj/FTSE

► Get 15% OFF Finchat.io:

Our friends at Finchat.io have kindly offered our subscribers 15% off any paid subscription on their site. We highly recommend this tool for stock analysis and summarising earnings calls!

https://finchat.io/playingftse/?lmref=iQl2VQ

► Episode Notes:

Whose town has been taken over by a bunch of Karens? Find out on this week’s PlayingFTSE Show!

We’re getting straight into the action this week – there’s a General Election on the way. And Steve and Steve have plenty to think about here.

It comes on the back of an impressive inflation reading that the FTSE 100 didn’t like very much. But what should investors be looking for next from the UK?

Nvidia reported earnings this week and the numbers came in impressive. With AI spending still going, the company annoucned 600% revenue growth.

The question for investors is what the supply and demand balance looks like. Steve W is more concerned about supply and Steve D thinks the real question is around demand.

Rolls-Royce has had an impressive couple of years. It’s not been going full Nvidia, but a recovery in engine flying hours has been driving things forward.

The company announced this week that it’s on track to its £3.1bn free cash flow target in 2027. But the stock didn’t move, so Steve W is taking a closer look at a potential bargain.

Bloomsbury has been a terrific stock for Steve D. Led by the output of Sarah J. Mass, the company has been growing impressively and put up some strong numbers.

What does it look like if the publication cadence slows down, though? Steve D has the answer, but in the meantime, there’s a 25% dividend increase for investors to enjoy.

Experian share trade at a price-to-earnings (P/E) ratio of 40. And with company growing at 6% per year, it looks like it’s grossly overpriced.

Steve W thinks there’s more going on with the stock, though. But is a cyclical recovery in the US and a strong presence in Latin America enough to get the company growing enough to justify its price tag?

Deckers is a stock that has had Steve D doing victory laps for some time. And the company announced a strong set of earnings this week. The growth looks steady, rather than spectacular.

Steve is rethinking his investment as a result. But what’s the ideal timeline for him to make a sell with the pound holding up well against the dollar in the face of the latest election news?

► 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....COMPOUNDING! (you read that in Svens voice right? Did Briscoe mention he got Sven on the show!?)

► Timestamps:

0:00 Intro & How’s Your Week Been?
6:25 UK Election
19:54 Nvidia
38:03  Rolls Royce
50:20 Bloomsbury
1:06:23 Experian
1:19:49 Deckers

► 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:

► Get a free share!

This show is sponsored by Trading 212! If you'd like to sign up for an account and get a free share you can do so on the link below!
https://www.trading212.com/Jdsfj/FTSE

► Get 15% OFF Finchat.io:

Our friends at Finchat.io have kindly offered our subscribers 15% off any paid subscription on their site. We highly recommend this tool for stock analysis and summarising earnings calls!

https://finchat.io/playingftse/?lmref=iQl2VQ

► Episode Notes:

What do Steve and Steve not talk about? Find out on this week’s PlayingFTSE Show!

It’s been a busy week in the financial markets and Steve and Steve have been watching what’s going on. There’s 13F news and earnings reports from around the (developed) world to get stuck into.

Warren Buffett has been buying a secret new stock over the last 9 months. Well, the secret is out – and the stock is Chubb.

It’s not a UK security and fire safety company, it’s a Swiss insurer. Steve W has been looking at the stock and the underlying business.

Chubb is a better-than-average stock at a below-average price. With Buffett’s experience in insurance, it’s easy to see why he’s been buying – but is either Steve interested?

Euronext released a trading update this week and it looks strong. Revenues are growing nicely and the company has been expanding its clearing division.

Steve and Steve compare the largest EU exchange to LSEG – which runs Refinitiv and the London Stock Exchange. Long story short, things are much more straightforward across the channel.

Steve D owns this one, is Steve W about to join in? And could LSEG finally be in the clear to start optimising for profits and cash flows?

Diploma is one of Steve W’s favourite stocks. The share price has been going higher again this week after the latest earnings release.

It’s a story of a lot of little things adding up to a big one. With revenues growing, margins widening, and cash conversion improving, there’s plenty for shareholders to be pleased about.

The stock isn’t cheap, but it hasn’t been cheap for ages. And if the growth is set to continue, there’s going to be plenty good returns for investors before the company gets too big to expand.

Monday.com has been a big winner for Steve D. The stock rocketed higher this week as a strong set of earnings revealed a business doing an impressive job in a crowded industry.

The stock has a P/E ratio north of 500, but that’s set to come down significantly. And with growth showing good momentum, the multiple could get a lot lower in a short space of time.

There’s also a takeover angle to

► What We Consumed This Week:

► 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....COMPOUNDING! (you read that in Svens voice right? Did Briscoe mention he got Sven on the show!?)

► Timestamps:

0:01 Intro & How’s  Your Week Been?
8:11 Berkshire Buys Chegg
23:58 Euronext
40:23 Diploma
53:32 Monday.com

► 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 -