Playing FTSE

Breakups, Mergers & Takeovers


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► Episode Notes:


Who’s on whose side in the Pfizer activist bid? Find out on this week’s PlayingFTSE Show!

It’s been a bumpy week for the FTSE 100’s miners, but the S&P 500’s big tech firms have done relatively well. And Steve and Steve have all the latest news.
There’s a lot to get through in quickfire news. Steve W has been looking at Endeavour Mining’s struggles in Burkina Faso and Vistry, which has fallen 35% in a day after a costing error.
Steve D has been looking at everything from the sublime to the ridiculous. Monzo’s latest valuation, AMD’s latest chip, and Aston Martin’s latest cash burn have all been on his radar.
Like most FTSE 100 miners, Rio Tinto has seen its shares fall this week on disappointing news about China’s stimulus. But a smart acquisition has caught Steve W’s attention.
The company is buying Arcadium Lithium – seizing the moment to snag the company while its stock is down. But Steve D has some issues for investors to consider about the takeover.
The US is considering ordering Alphabet to break up. Steve D owns the stock and he has a lot of questions: Why? When? And would it be a benefit to shareholders?
Alphabet shares trade at a lower P/E multiple than the rest of the Magnificent Seven. But who does Steve W think would benefit from a breakup of Google’s monopoly on search?
Anglo American is attempting to shift its focus from consumer-driven commodities to renewable energy metals. And it’s doing this by divesting its unfashionable operations.
Steve W thinks there could be a margin of safety in the resulting copper and iron ore divisions. But Steve D knows mining better than most people, so does this catch his attention?
Only on this week’s PlayingFTSE Podcast!


► What We Consumed This Week:


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► Timestamps:


0:00 Intro & Our Weeks

6:03 Monzo Share Sale

11:27 Endeavour Mining

14:44 Aston Martin

17:37 Vistry -33%

24:16 AMD AI Chip

28:55 Rio Tinto Update

42:30 Google Breakup

58:42 Anglo American


► Show Notes:


What’s been going on in the financial world and why should anyone care? Find out as we dive into the latest news and try to figure out what any of it means. We talk about stocks, markets, politics, and loads of other things in a way that’s accessible, light-hearted and (we hope) entertaining. For the people who know nothing, by the people who know even less. Enjoy


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Got a question for us? Drop it in the comments below or reach out to us on Twitter: https://twitter.com/playingftseshow

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► Enquiries:


Please email - playingftsepodcast@gmail(dot)com


► Disclaimer:


This information is for entertainment purposes only and does not constitute financial advice. Always consult with a qualified financial professional before making any investment decisions.

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