Market's view on Journeo
Published on April 2024
- A stock watcher noted that director dealings, such as purchasing shares, are a positive sign, pointing out the recent acquisitions by Barney Kent and FD Nick Lowe at Journeo plc as indicators of their confidence in the business.
- Journeo is scheduled to present at the Mello Results Show Webinar, alongside other companies.
- Discussion of fund managers’ motivations and performance highlighted that they often prioritize funds under management over excess returns, with some exceptions like Mills who have significant personal investments in their funds.
- Critique mentioned regarding the typical performance drag of 1-2% by fund managers, which could negate any stock picking advantage, emphasizing the importance of tax-efficient investments and low transaction costs.
- Observations were made about various content and analysis platforms, mentioning contributors like Neary for balanced views and Rosemary Banyard for insightful interviews. The usefulness of these platforms for investment decisions was discussed, stressing the need for critical listening and evaluation.
- Concerns were raised about the impact of certain promotional practices on a company’s reputation, specifically referencing interactions involving the company Vox and its influence on stock perception.