mollser wrote: » Peleton I've been keeping an eye on since Feb, as it's a model I'm close to but just don't understand the financials. At $28 I thought it was rediculously overvalued. Now at $96, market cap $27bn. That is absolutely nuts, but what would I know, for a company with one product and also a very easily replicated model with tonnes of competition.
Kilboor wrote: » I don't understand Peloton as a company. So they sell a proprietary stationary bike and then a subscription service to cycle exercises and races is it ? Is that their entire gig?
voluntary wrote: » Btw, t's time to move away from US stocks to Europe.
RIGOLO wrote: » NYCTL (£4) - Covid testing play , ridden this thru its peaks , expecting major RNS in the coming weeks, as it moves to a mid-cap company , on many big pharma people takeover radar.
tobottherobot wrote: » Agree... I sold nearly all of my US shares early this week. I might wait a few months and see how things pan out with Covid before picking more up in Europe.. .
voluntary wrote: » How fast are they burning it though? You won't know until everyone knows.
ExMachina1000 wrote: » Its about 4 billion euro with unused credit lines of 3 billion euro O'Leary was on the radio today saying they are at 70 % capacity and flew 5 million passengers in August. 3 million expected in Sept
Mickiemcfist wrote: » They flew 14.9m passengers in August 2019. They're at 70% capacity on the planes they haven't grounded.
Shedite27 wrote: » Been in it since $20, I think it's here to stay. There's probably thesis' written about it, but for me saying they have "one thing" is similar to saying all Apple do is iPhone. Their customers are so into it now it's a bit of a cult. It's a gym replacement rather than competing with another bike, it's the online classes that are selling the product. You know how much a spinning class in New York or San Francisco costs? $34 a pop - addd more if you want to rent the cycling shoes. The average user of a Peloton does through 24 classes a month. It's not that expensive when you run the numbers. I won't be buying one, but if 3 classes a month in your gym costs $400 - it's easy to see why you'd get yourself a bike and subscription.
frebel wrote: » Still hard to understand how it has so many customers though with such a cost just to start. Think peloton bike is 2k+!!Road cyclists wouldn't pay that on a stationary bike and most gym users would be slow to pay that much from the start... There's plenty of competition such as Zwift which provides online community along with workouts and gaming element yet is only 14 euro per month and you can set it up with any bike and smart trainer...which makes them mobile and take up less space...It's marketing isn't always on point either None of it makes sense really
ChuckieEgg wrote: » Plenty road cyclists pay well over 2k for a bike. You will not get a competition bike for 2k. Peloton know that there are people who want the best of the best and they aim to provide it.
frebel wrote: » Road cyclists wouldn't pay that on a stationary bike and most gym users would be slow to pay that much from the start...
frebel wrote: » Exactly... so they would generally spend their 2k on a road bike/ tt bike/ winter bike/ competition bike ahead of a stationary bike... Either way, if there are cyclists who would do that, I wouldn't have thought there would be enough numbers doing so to make company so successful...
ChuckieEgg wrote: » I believe Peloton has a market within the Gyms too. As Frebel was alluding to, not everyone can afford or has the space for there own Pton Bike. Yet for a Gym the Peloton package could replace instructors within the Gym. I think the biggest threat to them is from the likes of Apple and Amazon. As an investment, it has gotten overheated this year and may drop back a bit for a buying opportunity
Shedite27 wrote: » I know it's been asked before, but any insight as to when $GAN is slipping? Seems to be down everyday recently. From $13 in May To $27 in July Back to $15 today
Bob Harris wrote: » On Ryanair, flew last week and paid 80€ return about 6/7 weeks ago. The same flights were 16€ return the day before the flight. There were about 40 on board and I expect the same going back. The return flight was changed twice due to cancellations. This is a route that would have 3/4 daily flights and always fairly full in normal times. Ryanair have cash to ride this out and are best positioned to respond to any increase in demand but their business is suffering and only the above is keeping the share price afloat
sirboby wrote: » I know this probably is not the ideal thread to ask in but does anyone know what caused the Rolls-Royce spike? I just watched it go from -2% down today to +12% in the past few minutes, cant find any breaking news
Shedite27 wrote: » https://news.sky.com/story/kuwaits-state-fund-in-talks-to-take-stake-in-struggling-rolls-royce-12081350 Best way to find breaking news is to type the ticker into twitter with a $ sign before it. ie $RR I always do it before I make a purchase/sale just in case there's something that's broken
Shedite27 wrote: » It's basically a "who can last longest" game with the Airlines. The more weak airlines that go bust, the more market for the strong players in the long run. Every time one of Flybe go bankrupt, that's good for Ryanair.
Fantomas9mm wrote: » Are any of the medicinal cannabis stocks worth a look at the moment ? It seems they have all settled down now to a more sensible price ? Any thoughts on Tilray ?
