BRFR Cake Stop 'breaking news' miscellany

[PurplePenguin]

I was reading the other day that it is potentially overvalued by a factor of about 3. Toyota's is about six times profit .Tesla's about 20. So there is quite a long way to fall.

Noting that I have done no research into the sizes of the bits of the business, Tesla also deals in grid scale batteries and has developed self driving software. The latter could become the default software for all cars which would lead to lots of profit, and therefore justify the more speculative part of its price now.

There is a common saying that no one knows more than the market which basically means whatever the value, the market is right. There are many people that don't agree with this.

 

[First Aspect]

https://www.bbc.co.uk/news/resources/idt-30341313-26f6-448a-ba92-b397a802fbb9

Something to pick up from the old place. Calling Mr Trumpet..

 

[craigwend]

The world is no longer clean and full of STD's

The horror... 😱

 

[First Aspect]

Noting that I have done no research into the sizes of the bits of the business, Tesla also deals in grid scale batteries and has developed self driving software. The latter could become the default software for all cars which would lead to lots of profit, and therefore justify the more speculative part of its price now.

There is a common saying that no one knows more than the market which basically means whatever the value, the market is right. There are many people that don't agree with this.

Well for starters if the market is right, it can't explain when it is wrong and company values collapse.

Interesting point about the self driving tech. Lots of competition though, and right now it needs to sell cars, which it isn't, because of it's toxic boss.

 

[BoldonLad]

Noting that I have done no research into the sizes of the bits of the business, Tesla also deals in grid scale batteries and has developed self driving software. The latter could become the default software for all cars which would lead to lots of profit, and therefore justify the more speculative part of its price now.

There is a common saying that no one knows more than the market which basically means whatever the value, the market is right. There are many people that don't agree with this.

The only price which is relevant is the price which someone will pay, for a given asset, so, on that basis, the market is always right, isn't it?

Often, in financial circles the word "value" is used rather than "price". IMHO, assessing the "value" is much more difficult than assessing the "price". "value" and "price" are not the same thing IMHO.

 

[secretsqirrel]

Sorry can’t seem to embed the YT link. This an interesting one from the Lincoln Project. ‘Don’t Look Up’


View: https://youtu.be/Ijj5TgYeJQo?si=glBXe4eyZ4FLAdp9


Have a proper gander.

 

[secretsqirrel]

Or may be I can embed after all

 

[briantrumpet]

https://www.bbc.co.uk/news/resources/idt-30341313-26f6-448a-ba92-b397a802fbb9

Something to pick up from the old place. Calling Mr Trumpet..

Moritz's Panorama piece has been the subject of questions, not least as she also has a book to sell on the basis of Letby's guilt.

https://brokenbottleboy.substack.com/p/if-she-didnt-do-it

https://www.amazon.co.uk/Unmasking-Lucy-Letby-Diligent-absorbing/dp/1399625160

 

[First Aspect]

Moritz's Panorama piece has been the subject of questions, not least as she also has a book to sell on the basis of Letby's guilt.

https://brokenbottleboy.substack.com/p/if-she-didnt-do-it

https://www.amazon.co.uk/Unmasking-Lucy-Letby-Diligent-absorbing/dp/1399625160

Have you changed your mind? Or was it more about risky basis for conviction, than whether or not you think she's guilty?

 

[briantrumpet]

Have you changed your mind? Or was it more about risky basis for conviction, than whether or not you think she's guilty?

I'm still on the Private Eye/Phil Hammond side of thinking there's enough doubt to warrant keeping an open mind. Really worth reading their latest reports.

https://www.private-eye.co.uk/pictures/special_reports/lucy-letby-14.pdf

 

[First Aspect]

I'm still on the Private Eye/Phil Hammond side of thinking there's enough doubt to warrant keeping an open mind. Really worth reading their latest reports.

https://www.private-eye.co.uk/pictures/special_reports/lucy-letby-14.pdf

I will review and revert to you in due course.

 

[briantrumpet]

As I said over on CS, I've no idea whether she's innocent or guilty, and I'm not invested either way. But I can see why scepticism about the safety of the verdict won't go away. As Hammond has observed before, NHS management has a documented history of not wanting institutional failures to be pinned on poor management and substandard care. He & PE were instrumental in uncovering the BRI infant death scandal - it's worth reading this write up on that:

http://news.bbc.co.uk/1/hi/health/532006.stm

 

[PurplePenguin]

Well for starters if the market is right, it can't explain when it is wrong and company values collapse.

Interesting point about the self driving tech. Lots of competition though, and right now it needs to sell cars, which it isn't, because of it's toxic boss.

The market value usually changes when new information reveals itself, so for example, the average investor would not have expected Musk to announce himself as a Nazi with the knock on impact on sales.

I once saw a renowned professor ridicule Amazon's stock price during the dot com boom. In his view, even if Amazon sold every book on the planet, they couldn't justify the valuation at the time. He just missed the point that they could sell everything and not just books - their share price is much higher now.

 

[First Aspect]

The market value usually changes when new information reveals itself, so for example, the average investor would not have expected Musk to announce himself as a Nazi with the knock on impact on sales.

I once saw a renowned professor ridicule Amazon's stock price during the dot com boom. In his view, even if Amazon sold every book on the planet, they couldn't justify the valuation at the time. He just missed the point that they could sell everything and not just books - their share price is much higher now.

I take your point that the valuation is correct on the available information.

 

[PurplePenguin]

I think he might be here somewhere, under a different Monica.

Such as Lewinsky?