Jim Wall (@JimWall84) header
Jim Wall (@JimWall84) profile picture

Carlovian in London. Assume I'm long all stocks mentioned. None of this is advice.

London, England
Joined August 2016
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Up 4% for October but down 18% for the year as the market upgraded the #GDWN remainco from ~ -ve to ~ deal noise.. good updates from #SUS and #TFW in the month to little avail.. #BMY reported interims but think they’ll be back soon to refresh expectations.. #GAW TU likely soon
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#BMY 1.7mm seems like a big number
EXCLUSIVE: “A Court of Splintered Harmony,” the sixth book in Sarah J. Maas' blockbuster fantasy series “A Court of Thorns and Roses,” sold 1.7 million copies on its release date. That's up 600% from the release day sales for “ACOTAR” Book 5, “A Court of Silver Flames,” in 2021. “When I write, I’m only thinking about the characters and the stories I want to tell,” Maas said in a statement to Variety. “To see how much these books mean to so many people and the way readers have shown up for this one really blows my mind. It’s a feeling I can’t even comprehend, but I’m just beyond grateful.” wp.me/pc8uak-1lI3bL
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#BMY SJM new releases at #1 and 3 in the Amazon Best Selling Fiction List is welcome but her back catalogue also featuring at #7, 11, 19, 25 and 27 is utterly heartwarming
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This quoted post is unavailable.
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#BMY 457k people wanting to read this seems like a lot
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This from newest holding #SUS really is significant as they switch to a securitisation funding model. This offers substantially higher leverage and could easily take them to their aspirational double receivable balance in quick order without requiring capital retention. 1/
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As an example, Together Financial Services switched from the high yield market to securitisation funding for their lending book (mortgages mainly) in 2015 and saw PBT go from 70mm to 130mm in 2019. Not apples to apples obvs but illustrates the transformative impact it can have
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#BMY H1 Adj PBT comes in quite a bit lower than I had reckoned .. must’ve carried an extra number over .. they expect to clock record FY profits.. still think this year is very much undercooked - will have to wait I suppose
#BMY Bloomsbury Publishing announce interims tmrw morning - Adj PBT should land around 25m however that is a side show with the first of two Sarah J Maas ACOTAR books coming next week .. the last time she released a book it added about 30m PBT split across two financial years 1/
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#BMY Bloomsbury Publishing announce interims tmrw morning - Adj PBT should land around 25m however that is a side show with the first of two Sarah J Maas ACOTAR books coming next week .. the last time she released a book it added about 30m PBT split across two financial years 1/
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That release was from her Crescent City series which is much less popular that ACOTAR (Good Read total reviews are 5x larger for ACOTAR, mirroring Tik Tok activity rates).. they were kind enough to nudge PBT estimates 5mm higher in March but I expect them to eventually 2/
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Blow all estimates for this year out of the water (think 1.5 - 2x) .. they are also due to receive a chunk of the Anthropic payout before Nov 15th and there’s the small matter of the new Harry Potter series on Christmas Day
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🚨 NEW: Andy Burnham has announced changes to car parking fines - Drivers will have a 5-minute grace period to decide whether to park and 10 minutes to leave after a parking session ends - A £20 maximum charge on appeal for minor mistakes, such as entering the wrong number plate or not displaying a permit - Charges will also be cancelled on appeal for breakdowns, medical emergencies or broken ticket machines - The £100 cap on charges will remain - The rules will come into force as soon as possible and operators that break them will lose access to DVLA data
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Things you don’t see at the bottom.. SK Hynix’s ADR trade at such a high premium to the domestic listing that it warrants a website just to track it.. $SKHY skhypremium.com
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#TFW $TFW.L I spoke too soon.. further explanation in today’s (excellent) annual report .. increasingly confident in growth prospects at FW Thorpe
Fascinated to find out more about #TFW Thorlux’s Vionis product. Given they’ve gone to the bother of trademarking it, I think they are too. No mention of this in FY results - I like when companies have (positive) secrets..
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Fascinated to find out more about #TFW Thorlux’s Vionis product. Given they’ve gone to the bother of trademarking it, I think they are too. No mention of this in FY results - I like when companies have (positive) secrets..
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Truly a mystery what’s going on
“People can’t afford treats anymore” Anoosh Chakelian says the most striking thing about the Labour conference was the price of her meal at Pizza Express.
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its probably not written down anywhere but I'm pretty sure this is against the rules for leaders of permanent members of the security council..
Replying to @JamesMelville
I know this isn’t a silver bullet. It might help some people find cheaper fuel, but it doesn’t mean that’s all we’re doing to help people with the cost of living. We’re cutting VAT on electricity bills. Capping bus fares at £2 in England. Giving disabled people 24/7 free bus travel. Making it easier to cancel subscriptions. Cutting business rates for pubs, clubs and music venues. Stopping schools from demanding endless expensive branded uniforms. Ensuring if your train is cancelled, you can use your ticket on other operators free of charge. Fuel duty is staying frozen to the end of the year. Yes, on their own, I accept that these things don’t seem like much when people’s lives have gotten harder. There’s a lot still to do. But I won’t shy away from the big issues either. It’s why I made announcements last week on more public control of water, energy, and housing, to make the basics better for people long-term. Together, these changes add up, and no matter how small it may seem, I will pull every single lever I can to help people, whenever I can.
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Me telling my wife I’ve bought more #GDWN shares
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