Dexcom $DXCM 📉 $56.95 (−16.5 %) 💰 Q3 2025 revenue $1.21 B (+22% YoY), EPS $0.61 ⚠️ Shares drop as cautious 2026 guidance (11–13% growth) worries investors vs expected 15%+ 🚨 Overhang: FDA warning letter, app/receiver recalls, short-seller report 👀 Market reacts to Q3 earnings release. Watching!

Fiserv #FI Share Price: $66.10 Sentiment has flipped! 🇦🇷 Argentina tailwinds gone. 💼 Mgmt reshuffle + thinner margins. ⚙️ Growth trimmed to ~3.5–4%. Still — $4.5 bn free cash flow gives firepower. 💰 Long-term debt cheap + spread 15 yrs. 🎯 Now a cash-return story, not a growth story. Just Bought!

🚨 Fiserv $FI Share Price $69.82 (-44%) SP Crashes immediately After Q3 Shock & Major Reset. Q3 earnings missed expectations. Full‑year guidance slashed: Organic revenue now 3.5–4%, EPS $8.50–$8.60 (vs prior $10.15–$10.30) Leadership overhaul underway. Shares opened down ~44%. Confidence shaken.

WH Smith #SMWH Share Price: 702p (▼1.1%) A small turbulence, not a crash. ✈️ The update from its US arm is taking a little longer to taxi onto the runway — and investors held their breath. Deloitte's review is delayed. Always causes a flutter, but the market seems to think it’s carry-on as usual.🧳

Deckers #DECK Share Price $87.10 (-3.73%) A strong, cash-generative company with premium brands, but forward guidance has spooked investors ✅ Strengths: Hoka & UGG brands, DTC channel, net cash ⚠️ Risks: Slowing growth, margin compression, consumer sentiment Poorer H2 to come Yet I Bought Today!

Deckers $DECK Share Price $87.10 (-3.73%) Smart money is worried consumers will cut back on expensive shoes or become more price-sensitive. Quality shoes can even last longer! Maybe they’ve overdone the bear case — that’s my margin of safety. 🏃‍♂️ HOKA and 👢 UGG aren’t just brands — they’re habits!

Some companies with RNSs out today at 7:00 a.m. Date 28th October, 2025.

BioVentix #BVXP Share Price: 1962p (-363p) -15.6% The future is more measured in years. The plan is also to include Human diagnostics Shareholders are disappointed with having a long wait for any substantially higher rewards later. No position Expect a low point over the next 12 months Rethink!

Bioventix #BVXP Share Price: 2325p (pre-open) SP down 18%+ yesterday—some holders clearly jumped ship ahead of FY25 results. China slowdown + cost-cutting headaches hit FY26 outlook. Revenue set to dip. Once a rock-solid model, now showing cracks! Not sure that a bottom can be found soon.

Georgia Capital #GCAP Share Price 2520p (pre-open) NAV/share: £36.59 (+7.9% Q3, +41.2% since Dec-24) Total NAV: £1.26 bn | Portfolio value creation: £94 m NCC ratio: 5.4% | S&P outlook: Positive Healthcare acquisition: Gormed LLC A Core Holding! Letting time do the work! Fairly Valued Here.

Inchcape #INCH Share Price 742.5p (pre-open) 📈 Q3 revenue +7% YoY, +8% organic 🌍 Growth driven by strong markets & new contracts 🔁 FY guidance maintained; £250m buyback 💷 on track 🔮 Outlook: stronger H2 expected with EPS growth to outpace profit SP recently rising in anticipation A Core Holding

Netflix $NFLX Share Price: $1116 (-10%) Q3 The biggest hit came from a $619m tax charge in Brazil, which dragged EPS below forecasts despite record revenue. Margins and operating income are also weaker than expected — shaking investor confidence. High expectations met a hard reset. No Position

I reduce some holdings to dodge an expected storm! Timing is so difficult. Ten days later, the sun’s still shining — and the market’s higher. 🌤️📈

Aberdeen Group #ABDN Share Price 201.4p (pre-open) PBT up 44% to £251m driven by cost cuts and gains from Phoenix stake. Net outflows of £0.9bn show progress still fragile. Rebranded to “Aberdeen” Dividend held at 7.3p. Profits improving. Outflows a concern. Fairly valued. Worth a MT Buy.

Big Technologies #BIG Share Price: 70p (-4.1%) Was supporting mgmt but left with unresolved legal issues around Sarah Murray and the boardroom shuffle. Not as confident that performance can recover strongly. Expect earnings to be flat or slightly down. I'm Left Holding! Just below 80p.

Secure Trust Bank #STB Share Price: 850p (-3.85%) #STB thought largely unaffected by FCA twists and turns. Mgmt missed or misunderstood the size of potential liabilities. At least it is a once-off sum! The worst is behind us — added a few more for the longer view. Good value. A Core Holding.

Brookfield $BN Share Price $44.45 A large conglomerate discount seems fair, given that assets and future earnings are priced for perfection. A forever bull market? Property values appear inflated to meet targets. Realising now, not one to buy and forget — risk hides in the fine print. I Exited.

Always, a bit wary on those October days. In anticipation, I like to increase cash levels beforehand.

Whitbread #WTB Share Price 2,893p (-10.2%) Fewer fry-ups, more beds. Swapping Food & Beverage for efficiency — but can it keep guests happy? Margins rise, but loyalty may fall if comfort and breakfast choice shrink. Target market more cash strapped. Flat Profit Outlook even after cost cuts.

What does it all mean?

Ashtead Tech #AT. Share Price 335p "Shorts" link partly explains SP recent gap down. Pressure is on if price of oil per barrel remains low. Existing contracts have time to go, but after that oops! A bit rash this morning. I added and then added again until I had doubled. Reluctant Bull. Hmm...

Ashtead Technology #AT. Share price: 333p ▼ 0.6% Missed a chance to trade recent SP jump. Now sitting just below water! I wasn't watching! Oil’s dip may've caused the wobble — sentiment-driven more than structural? Is damage to the SP already done, or a chance to quietly top up? Added 25% more.

Whitbread #WTB Share Price 2953p (-8.4%) Interims checking in. SP drop stings, yet it opens the door for me to add more. I'm not chasing big gains here — just steady profitability growth in future years. Forecasting future demand is difficult. Execution is the breakfast that matters. ☕🏨

Wise plc #WISE Share Price 984p Changed my mind! Exiting a core position at ~10% loss. As SP weakening for months. Changing to now a more mature Fintech. Growth narrative has cooled! Take rate is falling. Increasing costs reducing margins. Other Fintech competition! Regulatory risks.

KASPI.kz $KSPI Share Price $74.36 Kazakhstan’s fintech powerhouse 🇰🇿 SP gently sliding… but why? 🤔 • Elevated interest rates 🏦 • Rising cost of risk 💣 • Regulatory headwinds ⚖️ • Growth still solid but investors more cautious Was averaging in! Still comfortable. Now averaging down, even cheaper!

YOUGOV #YOU Share Price: 263p ▼8.7% Modest volume growth is sought with margins coming under pressure. Hmm.. Easy enough to read differently FY numbers My take: lots of smoke, some mirrors, money spent mainly to hold profits. Real upside? Hard to see Mgmt under pressure! Only Shallow Risk/Reward

CLOSE BROS #CBG Share Price 445.8p +0.3% Today's RNS confirmed the markets' £300m estimate. SP punished, as SP wobbled down.. Now SP back up Mgmt been ahead of the curve in several disposals to raise cash Are the substantial costs of exiting the motor finance division, only a short-term concern?

A Eureka Moment! It seems prudent to at least sell or reduce holdings of underperformers in a Bull market. Any future Bear market, won't likely help my underperformers to suddenly outperform the market. A start made today. Time2Weed!

📊 Brookfield $BN Mkt Cap $103B $BN pulled off a share split that’s got investors scratching their heads. Yesterday: ~$67 a share. Today: ~$44.67 — not a crash, just a 2-for-1 split. Same pizza, twice the slices. 🍕 A few anxious searches to learn why. A mega cap. Reduces risk of a zero. I own!

Ibstock #IBST Share Price 126.2p (-5.68%) Q3 H2 now expected to mirror H1. Normally, H2 slightly stronger, so flat guidance hints at ongoing pressure rather than improvement. FY26/FY27 EPS estimates (13p and 17p) may need revision once analysts process a flat H2 guidance for 2025. A Hold.

HAYS #HAS Share Price 59.95p (+4%) Q1 results: slightly better on paper, net cash gone, net fees down — but SP pops anyway! Some Q1 relief as not as bad as feared. Any turnaround is not clear yet. Need more clues! Me: 🤔 “I don’t get it. I’ll just watch and wait while the recruiters sort it out.”

Tate & Lyle #TATE Share Price 📈 371.4p (+1.5%) A narrow moat. Margins are crushed. Revenue is struggling! A mgmt shake-up required, or else, competitors will swoop in, cut costs, and restore profits. 💼✂️💰 Reckon debt is manageble. SP will reward in medium term. I've bought today in size.

Secure Trust Bank #STB Share price: 973p (−19.5%) Despite a projected 30% YOY profit growth and a £9m exceptional charge, the market is penalising the bank many times more. Can better quality earnings be made? Mgmt think so! Added to my core holding, taking advantage of SP's painful drop!

📈 Close Bros #CBG Share Price: 472p (-9.8%) 🏦 Lloyds #LLOY Share Price: 84p (-2.4%) Both reacted to Lloyd’s increased car finance provisions. 🔍 Provisions proportional to both loan books are similar (~8%). On known news, I've redoubled my Close Bros position Backing good management. Hmm..

The Plan! Better to hold fewer holdings! Otherwise, portfolio mgmt becomes a full-time position. Weed out holdings that often disappoint. Avoid being a circus performer! Find holdings that compound revenue and profits. Best to buy better quality shares with a proven model. Think medium-term!

DF Capital #DFCH Share Price 55.4p Momentum Continues! Record £460m in new loan origination for Q3 2025, up 30% YOY. YTD origination exceeds £1.3bn. Confident in meeting FY results in line with market expectations. Yes, will likely outperform, but, I need to reduce my risk in financial sector.

Secure Trust Bank #STB At 8:10 a.m. Share Price 1040p (-14%) Flags FY PBT at ~£9m, under market forecasts — yet underlying PBT still seen up by c.30% YoY. Growth momentum continues, although expectations trimmed. Market reaction will hinge on FY guidance clarity. A shower only? A Core Holding!

Viewed last night for latest rumours re-Mis-selling Car Finance Payouts. I'm a potential Close Bros plc investor. My back of envelop calculations, Close looked a little under provisioned. SP bolted early on! My best plan today was watch until the wheel turned and a fair SP value found. I Bought.

Close Bros #CBG Share Price 524p +27p (+5.4%) A 2nd thought in the afternoon boosts SP back up. Possibly, updated Broker Notes' forecasts are at play. Holders are begining to demand a bigger SP% reward. Bought smart today at 500p Twidling my thumps now. Yes, I know any Big Upside is gone!

Close Brothers #CBG Share Price: 500p (+O.6%.) More certainty of £300–£400m exposure. SP shot up on relief, but shrewd speculators scrabbled to exit. The upside Bull Case has left the field. Legal case will certainly distract for years. Buying here on a 3 year-view. Will boredom be a factor?

Spectra Systems #SPSY Share Price 157p (-4.8%) Obviously, insiders selling to divert cash elsewhere. Existing larger holders not topping up positions. I added again at cheaper SP. No SP floor found yet! No whispers! Perhaps, on off-chance, Authentix Ltd one day, may see Spectra as a target.

B&M European #BME Share Price 238p (-7.1%) Reading between the lines the shop format is stale. Back to Basics plan will help with decline but not necessarily growth. SP hit ~210p area early on. Best snatch recovery in SP and move on! Shops do seem oversized and not relevant.

Spectra Systems #SPSY Share Price 164p (-5.48%) Next few years' earnings look flat. Suspect a MM had bought a large line of stock at a sizable discount. Offered same stock today to retail investors. Downside in SP should find a floor soon. Satisfied to start a new position. More2Buy tomorrow!

Speedy Hire #SDY Share Price 27.6p (+14%) Slow to buy post today's RNS. Needed to consider further. Reviewed old presentations! A 3-year plan in place. Hmm.. Yes, rounded bottom tempts! All bottoms before were false! My intention is to buy soon. Waiting for SP to retrace back down a little.

JD Wetherspoon #JDW Share Price 633p (-4.8%) Slowing sales momentum. Recent 9-week period +3.2% but FY +5.1 %. Oh! No reason to pour in! Inflexion point not reached yet. Headwinds of additional costs will slow any recovery. SP may drip <600p. Wait for Nov 5th's trading update. Then take action!

Took some vacation this week past and a few days more next week. I'm really enjoying having an extra two hours in the morning to check London RNSs at 7 a.m. In Bulgaria, it is 9 a.m.!

Big Technologies #BIG Share Price 83p (-2.12%) Unsettling RNS at 7 a.m. What does it mean? Probably a storm in a teacup! Fairness and legality looks to be on current mgmt team side to im time beat Sarah Murray's side. Surprised, not a bigger fall! Maybe, a bottom here. Add? Decent size I hold.

Future Plc #FUTR Share Price 658.5p (-2.44%) Is the model broken? Update underscores that despite challenges (volatile markets, softness in some segments), it maintains strong profit margins and good cash generation. I need to find some more conviction Averaging down here! SP drifting. Hmm..

IG Group #IGG Share Price 1052p (-1.13%) A dull Q1. Only, a small % SP fall. Of course, when markets wobble, IG will shine! July 2025, IG expect FY(f) revenues of about £1.11B and target cash EPS of 110.4p Nothing to be seen here today. Effectively, little upside or downside, for now.

SAGA #SAGA Share Price 217p (pre-open) Interims Lots of moving parts are going well as planned. Extra finance costs this year were a known known. Targeting £130m PBT by Jan 2030 as well as reducing leverage <2. What a difference good management makes! As a Core Holding has been a long journey.