brought today BMY… XXXX Sold that tranche ( D ) today @ 263p
Article and interview This may be of interest - [link]
Re: Bloomsbury partnership with Spotify Possibly the impetus for the rise;however I would have thought this link was fairly marginal in the scheme of things.Perhaps potential investors have begun to realise that Bloomsbury supplies content via online/multi media delivery it is not just an old style physical book publisher even though the latter remains surprisingly resilient.
Re: Bloomsbury partnership with Spotify Nice rise today and over the £2. I'm happy. Presumably linked to the partnership...?
Bloomsbury partnership with Spotify For audio stories announced today.
Re: Trading Update. Good may be an understatement.The Company is currently generating exceptional levels of free cash flow.If their 2020 project achieves anything like the £5 profit by 2221/22,the BMY SP will hopefully smash through a near 5 year consolidation.My Strong Buy is on a longer term view, which for me is 5 years plus.As always DYOR
Trading Update. Good update which makes a nice change from the gloom elsewhere!
Re: brought today Got some back today @ 172. Oddly enough was going to set limit higher @ 175 . but they would not allow and had to set at bottom of 172 to 178 spread.Nice of them easily covered costs of all my trades today
Re: brought today Just seen it was a little earlier just after 4pm that i sold 1749 shares not showing on history there is a massive buy showing at 4.19pm £570,106 ... maybe they were filling this order , only smaller buys showing last 1/2 hour maybe following the upward trend ?
Chart on this site . Chart on this site is accurate other sites showed it falling last 30 min on here it rises even more all the way to close.
Re: brought today Bought Feb 2013 as link.Sold today ( W ) just before close for 184.1pThe chart shows it falling back from 184p @ 4pm....... last deal on trade history also around 4pm.Mine not shown . looks like i got highest sale of the day.
Interview with CEO Can be seen here - [link]
Results Today Exceeded my expectations. Another 5% dividend increase.Another increase in net cash. The outlook statement looks strong IMV.
Results tomorrow n/m
Re: Undervalued IMV Thanks for the views.In terms of digital resources, BMY is developing specialistcontent aimed at academic/educational markets, on what appears a subscriptionmodel. I understand the rational, diversifying the revenue base. It's in a very early stage,however notice revenue growing by over 50% last year.Read an article in the trade press recently on their Indian division, which started withjust 4 people in 2012. Now employing over 40 and is moving in to profit.Bloomsbury intend to start a Chinese imprint early 2018.Would accept macro has been supportive, however this applies to any business.With no borrowings and high net cash, perhaps good positioning if markets becomemore challenging. Net cash balances over £15 million at their year end, from memory.As always all just IMV only, please DYOR.