Dod101 wrote:absolutezero wrote:Dod101 wrote:absolutezero wrote:Dod101 wrote:You do not give those who run Unilever much credit then? I suspect that the Unilever CEO and Board have more idea about economic moats than you or I do.
Dod
Why?
Highly amusing to me that those, including absolutezero, have nothing to say today. Run by idiots indeed!
So far the share price is holding on to its earlier gains.
Dod
I have plenty to say but been busy doing other things.
Re ULVR: Its economic moat is weak.
The 'cost of living crisis' hasn't even got started yet. Wait for people to buy supermarket stuff rather than branded.
Come back in 12 months and look at the results then.
PS. It's still run by idiots.
Well with great respect, I certainly hope to be around in 12 months time to see the results then. You have of course been unable to substantiate any of your claims but are relying on a crystal ball. So far: Unilever 1 absolutezero 0.
Neither have you provided any substantive evidence to backup your claim that Unilever is run by idiots. If that is the best that you can do……..
Dod
Crystal ball not necessary. Just a big dose of logic and not being blinded by having a vested interest in the ULVR share price.
Lots of research shows we over value the things we own. See The Endowment Effect.
I suspect that is the case here with your ULVR shares.
I'm looking at it dispassionately - my only exposure to ULVR is what's in my FTSE 100 trackers (circa 5%) so I'm not too bothered what happens to it.
Think logically. Interest rates rising, utility bills set to rise dramatically (not even got started yet and people are finding things tight - Javier Blas posted an eye watering chart on Twtter
https://twitter.com/JavierBlas/status/1551966272233115648), less cash floating about for luxuries made by branded goods companies.
ULVR will not be able to pass on higher prices as people won't stomach it and will buy cheaper options. So ULVR either offer discounts (lower cashflow and profits) or people buy less (lower cashflow and profits).
Re: Your little challenge.
OK. I will take the bait.
1. Buying Ben and Jerry's with the stipulation that they can't do very much with it without running it past Ben and/or Jerry. Silly move.
2. Wanting to buy the GSK spin off then offering a badly thought out RNS about it - market reaction: dismal. Another silly move.
3. Terry Smith's comment about Mayonnaise having a mission statement being indicative of a company that has lost the plot. Quite.
4. Given that ULVR is a big chunk of the FTSE 100, you might want to compare its performance with the index.
You'd have been better off buying the index.
1 year: ULVR down 1.8%, index up 7.6%
3 year: ULVR down 11.2%, index up 8.2%
5 year: ULVR up 6.8%, index up 18.3%
Both figures cumulative total return. Index is a VUKE - Vanguard FTSE 100 tracker ETF.
Granted the short term movement in the share price *is* beating the index but looking at share prices over such short time frames is foolish unless trading rather than investing.
1 and 2 aside, given the main job of the the people who run a company is to produce shareholder value...