Month: September 2021

This FTSE 100 stock has crashed by 40% in the last 12 months. Here’s why I’d buy it now

Balmon Hyper 1 year ago

In the past 12 months, Ocado (LSE:OCDO) is the worst performing constituent in the FTSE 100 index, with the share price crashing by just over 40% at the time of writing. Here’s why I’m considering this as a buying opportunity.

This is not any grocer…

Ocado Retail is the fastest-growing grocer in the UK market. Sales grew by a whopping 35% in 2020. In September, M&S not only partnered with Ocado Retail but now holds a 50% stake. The growth of the online supermarket is not just on the shoulders of Ocado but is also now key to M&S’s growth plans, and the two companies will work together to promote and grow the business.

Can Ocado maintain its sales and customer acquisition growth? Lockdown restrictions have eased, causing demand for online grocery shopping to slow, while there are various supply chain concerns including a July fire at Ocado’s Erith warehouse, … Read more

5 Reasons LinkedIn Deserves Your Attention Over Facebook or Instagram

Balmon Hyper 1 year ago

LinkedIn started out as a place where professionals can land jobs and showcase their digital resumes. But in 2021, it’s THE place to be for all B2B professionals. Especially marketers. 

If you’re spending more time aimlessly scrolling your Facebook and Instagram feeds while neglecting LinkedIn, you’re leaving a ton of money on the table. 

LinkedIn was already a booming platform before 2020, but with the surge in the work-from-home environment we all found ourselves in due to the pandemic, LinkedIn usage has exploded.

What does this mean for you?

There has never been a better opportunity than right NOW to leverage the LinkedIn gold rush. But like anything, there will be a time where that gold will become scarce and hard to find. So don’t wait for that time. Start leveraging the power of this incredible platform right now. 

If you’re still not convinced that LinkedIn deserves more of your … Read more

Saint Laurent to Ban Fur

Balmon Hyper 1 year ago

French luxury fashion brand Saint Laurent is to stop designing clothes using fur from next year according to its parent company, Kering. Another Kering brand, Brioni, would also be fur-free by the autumn 2022 collections, the firm said.

“For many years, Kering has sought to take the lead in sustainability, guided by a vision of luxury that is inseparable from the very highest environmental and social values and standards. When it comes to animal welfare, our Group has always demonstrated its willingness to improve practices within its own supply chain and the luxury sector in general. The time has now come to take a further step forward by ending the use of fur in all our collections. The world has changed, along with our clients, and luxury naturally needs to adapt to that,” declared François-Henri Pinault, Chairman and CEO of Kering.

It is time for progression in all luxury fashion … Read more

Has the Stamp Duty holiday changed the UK property market forever?

Balmon Hyper 1 year ago

The Stamp Duty holiday is finally coming to an end. As of 1 October, the land tax thresholds will return to normal. But what state does it leave the property market in? With record rises in house prices and a change in what buyers are demanding, will the UK property market ever be the same again?

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What effect has the Stamp Duty holiday had?

Since its introduction in July 2020, the Stamp Duty holiday has reinvigorated the housing market. We have seen house prices reach record highs. HMRC has reported that the number of property transactions increased by 219% from June 2020 to June 2021.

Yet, it’s not just the headline figures that we should be paying attention to. The Stamp Duty holiday has also changed what buyers are looking for – and who can get on the property ladder.

The booming second homes market, which began after the … Read more

5 FTSE 100 stocks to watch in October

Balmon Hyper 1 year ago

October will see only a small number of FTSE 100 companies posting updates. But, among the few, we’ll see a good representation of the various Footsie sectors. Here are five I’ll be paying close attention to as possibly buys.

We have first-half results coming from Tesco (LSE: TSCO) on 6 October. The figures will cover the period to the end of August, so well into post-lockdown conditions. I’ll be wanting to see how home deliveries are holding up now that shoppers have more freedoms to go buy their groceries, however they please.

The first quarter, to May, showed decent growth. Like-for-like retail sales grew by 8.1% over two years, with UK sales up 9.3%. As Tesco said at the time, the two-year UK growth “includes retained benefit of customers consuming more meals at home vs. pre-Covid-19.” Growth did peak in March before slowing as restrictions eased.

I really … Read more