25th Sep


Real Name: Michael Elliot

Occupation: Company Director

Interests: Stocks

Twitter: @melliot82

DurhamMike's Latest Comments

Probably not a massive crowd puller but so far it works. I would imagine it works better in London than other places where more people might have items to deposit, and more events to attend, but this is where we get beyond my knowledge. Broadly I assume that a high street presence is better for attracting business than not having a presence, if you can…

Metro have a very interesting model to help cover the cost of the branches - safety deposit boxes! They have hundreds of them in every branch and they are very popular, and my understanding is they cover something like 75% of the overhead of having the branch. Then they are able to offer unrivalled customer service in branch, the reason the deposit boxes work so…

Tekmar is an interesting case - a quick review of the subsidiary accounts and parent co accounts from 2017 shows that the trading company is profitable to the tune of the EBITDA quoted in the intention to float, but that the holdco is loaded with very expensive shareholder debt - 14% by my maths. It might be an interesting offering if that debt is cleared…

Looking forward to this, hope to say hello to many new faces. Does anyone know if Redstoneconnect are on the agenda? I thought they were but can't see them on the detailed schedule. Thanks

Vertu Motors (LON:VTU) - I think you do need to be a little careful. The day that car showrooms stop making any money is the same day that the freehold land that they sit on might be worth a lot less than it is today. There will still be value if there is an opportunity to sell off for resi development but if it only…

DurhamMike Followers

DurhamMike has 0 followers :

Let’s get you setup so you get the most out of our service
Done, Let's add some stocks
Brilliant - You've created a folio! Now let's add some stocks to it.

  • Apple (AAPL)

  • Shell (RDSA)

  • Twitter (TWTR)

  • Volkswagon AG (VOK)

  • McDonalds (MCD)

  • Vodafone (VOD)

  • Barratt Homes (BDEV)

  • Microsoft (MSFT)

  • Tesco (TSCO)
Save and show me my analysis