SCVR Extra - part 1 of reviewing Loungers AIM Admission Document
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- เผยแพร่เมื่อ 23 ก.ย. 2024
- NB! My videos are my personal opinion only. I never give financial advice, nor recommendations on shares. Please always be sure to DO YOUR OWN RESEARCH, and always check facts & figures, as I may occasionally make a mistake, although I try not to! I own shares in some of the companies that I discuss.
Great video Paul, would like to see more! Your approach and explanations are spot on. Maybe next up could be a walk through of a balance sheet/company results and/or how to value a company?
Excellent Video Paul, and excellent idea; I second the suggestion of the nq875 comment. Balance sheet & results analysis would be extremely helpful .I have already learnt a lot from your articles but that would fill in the gaps. Cheers.
Thanks! I'll give that some thought.
If you turn on the subtitles you will find that they are pretty accurate and for me at least entirely make up for not being able to read the text on screen. Thank you, Paul. Please do go on to Part 2.
Thanks Bernard! Actually, if you put it in cinema view, increase the resolution in settings to the maximum (480), and use a magnifying glass, then you can just about make out the text! I will try to improve the picture quality with part 2. Thanks for your positive comments! :-)
Thanks for mentioning the subtitles feature, I didn't know youtube could do that (am rather rusty on using this website). That could be really useful for deaf readers, as in the past they've asked me to do transcripts of audio. The subtitles would do the same job. I must try to speak a little more slowly & clearly though.
Post script - one thing I got wrong in this video, was that I didn't spot that the preference shares would be converted into ordinary shares, as part of the IPO. That was a real blunder on my part, for which I apologise. It just goes to show, that when you're skimming through an Admission Document, it's easy to miss something important. So hands up for that error. The gearing is actually a lot more reasonable than when I first looked.
A question, Paul. If the pre-opening costs will recur annually so long as the rollout continues, why are they property treated as exceptional?
Hi Bernard. Pre-opening costs are calculated specifically on a site by site basis. So as long as the basis for calculation is reasonable, then it's fine to treat those as non-underlying. After all, if the company stopped opening new sites, then pre-opening costs would immediately drop to zero.
@@paulrandomview Thank you, Paul. Most helpful as always. And so swift!