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► Episode Notes:

Who (probably) played cricket against Rupert Grint? Find out on this week’s PlayingFTSE Show!

As the stock markets continue to climb, both Steves have seen their portfolios this week. Investing isn’t about what happens in any one week and higher prices make it harder to find stocks to buy, but there’s something nice about seeing a portfolio climbing.

There’s a lot to get through in this week’s quick news. Steve D has a surprise stat from the London Stock Exchange, some antitrust news from Microsoft, and Crowdstrike’s latest earnings update. 

Steve W has been looking at an unscheduled investor letter from Warren Buffett and Anglo American doing addition by subtraction. But could there be even more to come with the takeover timer running down?

It’s been a while since we’ve talked about Dr. Martens on the show and the stock hasn’t done very well since then. But it snapped 30% higher over the last two trading days after an earnings update that was… not great.

Sales are down 18% and end markets in the US are still weak, but falling debt and lower costs have investors feeling good about the stock. With the stock still 20% off its January levels, is the turnaround on?

Steel Dynamics is a stock Steve D has wanted to talk about for ages, but the news has been getting in the way. Lower costs than competitors in an industrialised US appears to bode well for the steel and aluminium producer. 

At 13 times earnings, the stock isn’t obviously expensive and the election result has been driving the stock higher. But is the share price still in Steve’s buying range?

Dowlais is a stock Steve W has wanted to talk about for ages, but the news has been getting in the way. It’s an unusual one for the show as it’s not the company’s long-term prospects Steve has been looking at. 

The share price has been falling like a stone over the last 18 months and the stock is at less than a third of the company’s book value. With plans to spin off a division and start realising that difference, there could be an early payday in store…

Only on this week’s PlayingFTSE Podcast!

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► Timestamps:

0:00 INTRO & OUR WEEKS

5:22 QUICK MERGERS

10:39 BUFFS LETTER

14:40 MICROSOFT

18:11 ANGLO AMERICAN

21:29 CROWDSTRIKE

25:55 DR MARTENS

39:27 STEEL DYNAMICS

53:29 DOWLAIS

► 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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► 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.