Market's view on Bloomsbury
Published on April 2024
- Nigel Newton is invited to present at the Mello conference on 23rd May, coinciding with the coverage of Bloomsbury’s results.
- There is analysis suggesting the EPS forecasts for 2025 might be underestimated given past trends, highlighting the opportunity or risk if forecasts change.
- Discussion includes a fund manager interview suggesting Bloomsbury is undervalued; calculations imply a significant potential increase in share price based on upcoming financial results.
- Some stock watchers are increasing their holdings in anticipation of positive results, while others are selling shares to capitalize on recent price increases.
- Concerns are noted about Bloomsbury’s tendency not to maintain its gains, with some watchers considering buying more if the price drops.
- General market behaviour influencing stock prices, with some watchers contemplating purchases during dips.
- A long-term holder has begun selling shares after only recently seeing a profit, motivated by upcoming changes in the tax-free capital gains allowance.