Playing FTSE playingftsepodcast

► 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!
⁠⁠http://www.trading212.com/promocodes/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:

Who placed their first out-of-hours trade this week? Find out on this week’s PlayingFTSE Show!

Steve and Steve have a mixed bag to discuss this week. There are earnings, stocks, and new products to discuss!

Jim Simons – the best in the business to do it – died this week. Steve and Steve reflect on someone who generated better returns in a bad year than either of them does in a good year..

Then it’s on to Disney. The stock didn’t take hugely well to the company’s earnings – but the report wasn’t all that bad and a lot of the negative news was already known about.

The upcoming release list from Disney looks solid, rather than spectacular, with a number of familiar names getting another go around. Is this a sign or strong intangibles, or underinvestment in growth and innovation?

Steve W has been looking at Greggs – a favourite of Steve D. With a plausible growth progression to 3,000 UK stores, it looks like there’s still more to come.

A P/E ratio of 20 makes things look a little expensive, though. But could this be a stock that Paul would have gone for if he hadn’t been around.

Progyny has had a tougher week, falling sharply after its latest earnings report. But has Steve D been taking advantage of a potential buying opportunity?

With the cost of living high at the moment, there’s been a little bit of a falling off in terms of demand, as people put off starting families. But Steve W thinks this won’t last forever.

We haven’t talked about Porvair much on the show. Steve W thinks this is a mistake and wants to take a closer look at the UK small cap filtration company.

With a strong moat and a dominant position in some niche markets, there’s enough to like. But is the enormous focus on ESG in its investor communications a red flag?

AirBnB comes with some highly attractive characteristics. And while the underlying business looks very strong, Steve and Steve have different ideas for the company’s take rate.

There’s a lot of negative sentiment around the stock and the company. But is this an opportunity?

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:

1:11 JIM SIMONS
3:33 HOW’S YOUR WEEK BEEN
9:19 CASH ISA
16:20 DISNEY
30:09 GREGGS
43:51 PROGYNY
55:36 PORVAIR
1:06:23 AIRBNB

► 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

► 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!
⁠⁠http://www.trading212.com/promocodes/FTSE⁠

► Get 15% OFF Finchat.io:

Finchat.io have kindly offered our subscribers 15% off any paid subscription on their site. Steve and I highly recommend this platform for business analytics and summarising earnings calls!

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

► Episode Notes:

Who’s been indulging in some 4am Bluey? Find out on this week’s PlayingFTSE Show!

Steve and Steve are talking about earnings this week. But before we do that, we have a link from our latest friends at Finchat.io.

Steve W burned through all of his free questions doing research this week, so a discount on a subscription might be handy. If you’d like one, too, check out our link!

Shares in Apple have gone racing higher this week as the company announced its latest earnings report. It was bad, but the main theme for investors is the news it wasn’t worse.

Services revenue reached record highs and this propped up margins after product sales fell. But this can’t go on forever – so what’s on the cards for the company?

Amazon stock got a bit of a boost after its earnings this week. Higher revenue was turbocharged by wider margins to send earnings per share soaring.

The business is firing on most cylinders, but is the stock a buy? Steve and Steve give their views on the subject.

We don’t talk about MasterCard often on the PlayingFTSE podcast, but we probably should. It’s a terrific business with a huge moat and massive returns on invested capital.

Steve D’s been looking into the latest earnings. Is this the one that got away for both Steves, or could there still be an opportunity even at today’s prices?

MercadoLibre shares jumped 8% after earnings this week. A weak performance in Argentina was more than offset by strong growth in Brazil and Mexico.

The stock looks like a bargain at around 15 times free cash flow. But Steve W thinks this is a highly misleading statistic…

Starbucks has been struggling with getting people through the door, especially in China. There’s nothing unusual about that, but the stock still fell sharply.

Is a triple-shot-double-pump strategy the right way to go? Or is it the most ridiculous thing we’ve ever discussed?

Only on the PlayingFTSE Podcast!

► What We Consumed This Week:
HIGNFY: https://www.bbc.co.uk/iplayer/episodes/b006mkw3/have-i-got-news-for-you 
FIRST KEYNOTE: https://www.youtube.com/watch?v=VQKMoT-6XSg 

► 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 SHOW NEWS!
9:56 APPLE
23:24 AMAZON
34:03 MASTERCARD
46:33 MELI
1:01:26 STARBUCKS

► 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!
⁠⁠http://www.trading212.com/promocodes/FTSE⁠

► Episode Notes:

Who’s accidentally thrown their emergency fund at the stock market? Find out on this week’s PlayingFTSE Show!

After a few false starts, Steve and Steve are finally in to talk about the big stories from this week… and Google paying a dividend. We’re talking stocks we like and there’s been a lot going on.

The New York Stock Exchange is considering the possibility of allowing 24-hour trading. Would this be a welcome move?

Steve D is concerned about thinning liquidity by stretching trades out throughout the day. Steve W mostly just wants a lunch break like they have in China.

Shares in Meta Platforms fell sharply as the company announced what looked like a decent set of earnings. Revenues, margins, and profits were all higher – except for the metaverse.

The stock had been doing well since the start of the year, so is this just things correcting? Or are there concerns for investors looking ahead to Q2 with the company’s guidance?

Alphabet shares jumped after the company’s latest earnings announcement. But it’s not just because the firm announced it is going to start paying a dividend… is it?

There was plenty more for investors to be pleased about, with strong growth in advertising and Google cloud. And a 10% jump brings the stock in line with Meta since the start of the year…

Payment processor Adyen has had an up-and-down journey over the last few quarters. This one was a down – the stock fell as news of a declining take rate caused investors concern.

Steve D thinks the market is getting this one wrong, though. Pulling in margins to boost revenues is nothing new, so is there a buying opportunity as investors send the share price lower?

Unilever’s transition continues and its latest trading update caught Steve W’s attention. The business is showing growth in all the right places and the stock reflected this with a 5% jump.

The company hasn’t yet spun off its ice cream brands, so there’s a question of what investors should hope for there. But impressive revenue growth from its beauty division is surely an encouraging sign…

Only on this week’s PlayingFTSE Podcast!

► What We Consumed This Week:

0:00 Introduction & Portfolios! 
8:38  Consumption
17:21 24 Hour Trading
24:29 META
34:57 ALPHABET 
48:47 ADYEN
1:02:06 UNILEVER

Bloomstran: https://www.youtube.com/watch?v=Ak4on5uTaTg
Finchat.io: https://finchat.io/pricing/?referralCode=4vfIndN0xYcpLhwICrLt5l9cjtI2
Frontman Energy: https://youtu.be/G4ZMxNYjuJI?si=mweResXDHtfYF_Lx 

► 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:

► 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 -

► 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!
⁠⁠http://www.trading212.com/promocodes/FTSE⁠

► Episode Notes:

Who’s been watching episodes of Bluey this week? Find out on this week’s PlayingFTSE Show!

Steve and Steve are back to talk about things that have been happening this week. They’ve been looking at stocks from the UK, the EU, and the US – not many have been doing well.

Steve D has been listening to Patrick Boyle this week. There’s a huge straight line city being built in Saudi Arabia – is that a good idea?

Steve W has been reading The Wolf of Harcourt Street’s write-up of MercadoLibre. Having talked about the stock a couple of weeks ago, did he learn anything interesting?

It’s earnings season in the US and – as usual – things have been kicking off with the banks. Steve W has the general overview.

With investment banking up, loans flat, and charge-offs almost doubling, the outlook for the US is interesting. But which banks would the Steves buy at today’s prices.

Since it emerged on the public markets, Dr. Martens has been flinging profit warnings around like they’re sponsored. And they’ve launched another one lately.

The stock is down 30% as a result, following a boost on takeover optimism. But do Steve and Steve think things are actually going wrong for the company, or is this an overreaction?

Shares in UK payment processor Wise have been falling lately as well. That’s despite higher revenues, profits and solid customer growth over the last few months.

Is Steve D concerned? Not really. Should he be? That’s another question…

ASML shares have also subsided as demand starts to normalise for its fancy semiconductor machines. The company still has a huge order backlog, though, for the next few years.

Is this a buying opportunity in a company with a monopoly on an important growing industry? Or is there something else going on here?

Only on this week’s PlayingFTSE Podcast!

► What We Consumed This Week:

Line: https://www.youtube.com/watch?v=Ak4on5uTaTg
Wolf: https://www.thewolfofharcourtstreet.com/p/mercadolibre-2024-financial-model 

► 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 Introduction & Our Weeks!
6:32  Consumption
13:05 US Banks
28:38 ASML Report
42:00 Doc Martens 
53:03 Wise Trading Update

► 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!
⁠⁠http://www.trading212.com/promocodes/FTSE

► 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:

► 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!
⁠⁠http://www.trading212.com/promocodes/FTSE⁠

► Episode Notes:

What is Steve D doing with his Southern Copper investment? Find out on this week’s PlayingFTSE Show!

Paradoxically, it’s the start of a new year and the year is three months in. So it’s time for the Steves to take a look at their portfolios and reflect on what they’ve been buying and selling.

After three months, we’re looking at someone else’s first quarter. Earnings might not be out yet, but Tesla has reported its vehicle deliveries from the first three months of the year.

On the face of it, the numbers aren’t terribly impressive. Despite cutting prices, the company still produced significantly more cars than it sold between January and March.

This shouldn’t be a huge surprise, but it isn’t good news. But with the stock having fallen sharply since the start of the year, is it in buying territory for Steve W yet?

Steve D has had an interesting first quarter. His portfolio has done a solid job, but he’s also been buying and selling as he reshuffles his investments when opportunities present themselves.

If you thought the Playing FTSE Show’s growth enthusiast only buys growth stocks, you’d be dead wrong. He’s got an update on a FTSE 100 company in his portfolio and Pfizer.

Looking ahead, Steve is focusing on houses. D.R. Horton to build them, Mid America Apartment Communities to lease them, and Enphase to stick solar panels on top of them.

In some ways, Steve W has been busy and in others he’s been sitting tight. The PlayingFTSE Show’s valuation advocate has only sold two stocks – but one of them was his biggest investment.

Last week, Steve teased a new stock for his portfolio that he’s been buying – that stock is… Endeavour Mining. The FTSE 250 miner has been catching his attention as the gold price rises.

In terms of what he’s buying next, well, Steve doesn’t have much in mind. There’s lots he likes, not much he loves, and he’s got an eye on a couple of growth stocks for the new ISA season.

Only on this week’s PlayingFTSE Podcast!

► What We Consumed This Week:
Streetwise: ⁠https://open.spotify.com/episode/2gYrcNwCaHwtY5cA37CSIL?si=2c20ef5c6e2448fa⁠ 
Motley Fool Fool: ⁠https://open.spotify.com/episode/0aUXfgNWlK8XEhZ0PXILtw⁠  

► 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 Introduction & Our Weeks!
9:55 Consumption
17:55 Is Tesla REALLY Going Bust? 
34:27 Steve D Portfolio
45:19 Steve W Portfolio  

► 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