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Old 21-01-2020, 12:31   #1661
jockosjungle
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Hard to be a customer, what a random selection of store locations. I'm wondering if all these sale and lease backs, renting, etc. is what is killing these companies long term. It's always owing money to landlords, etc.

I guess another nail in the coffin for the high street, they're trying to reverse the rot in Warrington by sticking in restaurants and a cinema, can see the high street maybe somewhere you go for entertainment, but not for shopping.
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Old 21-01-2020, 12:40   #1662
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Originally Posted by jockosjungle View Post
I guess another nail in the coffin for the high street, they're trying to reverse the rot in Warrington by sticking in restaurants and a cinema, can see the high street maybe somewhere you go for entertainment, but not for shopping.
Hopefully the market / Times Square development will reinvigorate Bridge Street because its sad what has happened to it since the new Golden Square opened.

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Old 23-01-2020, 12:48   #1663
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Not sure where else to put this...

https://www.bbc.co.uk/news/business-51214824

Tesla now worth £100bn and the 2nd most valuable car manufacturer in the world. Never turned a profit, struggles to churn out a few cars and it's twice as valuable as GM.
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Old 23-01-2020, 16:19   #1664
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Stock prices are predictions of future performance, rather than past.

The shares are publicly traded so that’s the perceived value, you’re buying into the growth story.
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Old 29-01-2020, 21:42   #1665
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https://www.bbc.co.uk/news/business-51303905

Norton Motorcycles goes into administration

Another one bites the dust
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Old 29-01-2020, 23:10   #1666
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Quote:
Originally Posted by jockosjungle View Post
Not sure where else to put this...

https://www.bbc.co.uk/news/business-51214824

Tesla now worth £100bn and the 2nd most valuable car manufacturer in the world. Never turned a profit, struggles to churn out a few cars and it's twice as valuable as GM.
Profit margins on petrol and diesel cars are 1-2%. They make profit on car servicing, which has a colossal overhead. ICE car sales have stagnated in recent years. Their servicing model will collapse in the next decade when they will all HAVE to cease production on petrol and diesel and spend vast amounts of money retooling and scaling battery sourcing or development.

The Tesla Model 3 profit margin is 30%. Tesla are investing every penny in expansion, they aren't sitting on cash. So they can produce at similar scales to other automakers as soon as possible. Their expansion rate is 50% year on year. Which combined with the 30% profit on each car.. is staggering. Their charging network is MASSIVE and no one else can touch it. If they closed up car production tomorrow, they could press a switch and allow all cars to charge on it and they could then collect cash. They continue to invest in more location..

Plus these graphs speak for themselves..



SUV's constitute the majority of all car sales. Telsa is only a few months away from launching their Model Y SUV. They are 6 months ahead of schedule on that car. Despite the appearance of the Model 3 and Y being quite similar, they've massively reduced the production complexity on the model Y. It only has 6% of the wiring that the Model 3 has.

Tesla is a fantastic investment. They will be the Apple of the 2020's.
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Old 19-02-2020, 20:57   #1667
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https://www.bbc.co.uk/news/business-51559815

Axminster Carpets collapses into administration
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