Latest news with #valuations
Bloomberg
5 days ago
- Business
- Bloomberg
Stock Bulls Face June Reckoning After May's Meltup
One look at the calendar tells you that the frantic,seesaw rally in the US stock market this month is at risk of running out of steam, at least temporarily. Pricey valuations, muted demand for hedges and stretched investor positioning have left stocks vulnerable to a pullback, said Jeffrey Hirsch, editor of the Stock Trader's Almanac.
Daily Mail
6 days ago
- Entertainment
- Daily Mail
Antiques Roadshow guest left dumbstruck after learning the massive value of 'marvellous' rare collection
An Antiques Roadshow guest was left dumbstruck after learning the value of their 'marvellous' rare collection. An episode of the popular BBC programme saw the public bring various heritage items to Burton Constable Hall and Parkland in Yorkshire for valuation. Expert Judith Miller met with an elderly lady, accompanied by her three grown-up daughters and granddaughter, to assess what her collectables would fetch at auction. In the resurfaced episode, which originally aired in 2017, the woman had brought along her late husband's enormous beloved shoe buckle collection. The woman was left overwhelmed after learning that the collection of 1,500 buckles, which she bought for around £2 each, were worth a massive £200,000. From A-list scandals and red carpet mishaps to exclusive pictures and viral moments, subscribe to the DailyMail's new Showbiz newsletter to stay in the loop. Speaking to the family, Judith said: 'So, absolutely surrounded by Georgian shoe buckles. How did you get them?' The widow replied: 'Well, my late husband, it was his collection and he collected them for over 50 years.' The antiques expert dubbed the expansive assortment of buckles 'marvellous', before explaining the history of this type of fastening. 'They had buckles in the medieval period but then they went out of fashion and then they came back in the mid-17th century', she explained. 'People like Samuel Pepys wrote about putting buckles on his shoes.' The buckles were mostly from a narrow time period, with Judith explaining: 'A lot of these are from the golden period of shoe buckles from 1750 to 1780.' She explained her husband's interest in them began after his father gifted him a couple of them, adding: 'From then on, he just liked them. 'When we went to antiques fairs, we were always looking for shoe buckles. 'We could go into quite an upmarket antiques shop and we were probably paying £2, ten shillings, something like that, for Georgian shoe buckles.' Judith asked: 'And did it become a little bit of an obsession?' The guest laughed, confessed: 'Yes, just a bit.' One of the lady's daughters spoke fondly about her father's collecting habits, adding: 'I think it's amazing he collected it over so many years. He was so proud of it. 'He researched them, he cleaned them, he catalogued them, he loved showing people, he loved talking about them.' Another of the daughters then quickly chimed in to reveal that they had 'an awful lot' more buckles still back at home. They confessed they had around 1,500 buckles in total - which Judith dubbed 'a little bit of an obsession', to laughs from the guests. A particularly charming pair of cream ware buckles caught the appraiser's attention, who dubbed the colour and ceramic material 'absolutely beautiful and so impractical'. The owner replied: 'Well, this is partially why there aren't that many around. Because obviously they got broken.' While Judith agreed: 'Obviously, as soon as you put them on, they would break. You can't imagine they survived one single wearing.' When it came to the nitty gritty of pricing, the expert valued the more ordinary pairs of shoe buckles at a respectable £100 each. Meanwhile, it was estimated those in cases would fetch an impressive £600 at auction - while a particularly lovely cream pair would go under the hammer for an amazing £1,000. But the most astounding news was still to come, as Judith concluded: 'So, if you look at the collection as a whole, and it's pretty staggering to me, I think we're looking here with your collection, at £200,000.' The elderly owner was left dumbstruck, as her family and bystanders audibly gasped. One of her daughters said, 'Oh God', as all the women quickly became emotional at the eye-watering sum. But that was not what mattered most to the widow, who said: 'We don't really sort of think of that. I mean, they are a collection and we are keeping the collection. 'They will get passed down to my three daughters and possibly even further down the line than that. He just loved them. Absolutely loved them.' Judith finished: 'Well, isn't it lovely you've got this lovely inheritance, you've got your daughters and granddaughter? It's a lovely family story.'
Daily Mail
27-05-2025
- Business
- Daily Mail
Real-life Antiques Roadshow! The ten classic family heirlooms that are now worthless and the surprising ones that could net you a fortune, revealed by top experts
Many of us have antiques, heirlooms or collectables proudly on display or carefully stored away at home that we hope are worth a bob or two. But experts say many of the treasured pieces you or a family member spent thousands on decades ago may not have delivered the returns hoped for. In fact, some of the most popular antiques have not increased in value at all for more than 40 years – representing a staggering loss in value in real terms. In some cases they are worth less now than they were then. Here are common ones that may hold a place in your heart – but have very little value on today's market.
Yahoo
23-05-2025
- Business
- Yahoo
London's stock market ‘needs a major shake-up'
The London stock market needs 'major reforms' to compete on the world stage, a US private equity billionaire has said. Orlando Bravo, the managing partner of Thoma Bravo, said reforms were 'long overdue' amid concerns British companies have struggled to attract the same stock market valuations as US rivals. Mr Bravo, whose net worth is estimated at more than $13bn (£9.7bn), said strict rules governing how UK companies can be acquired 'chills the market', making British businesses less attractive to US bidders. He added that stock markets in the UK and the US needed 'major and incredibly overdue' reforms around how information is shared. Thomas Bravo, a US investment business with more than $179bn under management, has taken over several UK-listed companies, fuelling concerns that the London stock market is in crisis. Mr Bravo's comments could be taken as an example of self-interest. However, he argued that making it easier for companies to be taken over would increase stock market valuations in the UK overall, as investors would factor in the possibility of a bid even if deals did not necessarily rise. Mr Bravo said the current takeover rules make it 'very difficult' to do deals. His criticism adds to widespread concerns in the city about an exodus of companies from Britain's stock markets. The UK has seen a flood of companies quit its main market in take-privates or by re-listing in the US. Last year, 88 companies quit the stock market, the highest number in 15 years. One analyst said the UK risked having 'the best regulated graveyard' if it did not shake up its rules. Mr Bravo said the UK had a 'wonderful opportunity' to change its takeover rules to boost the market. There are currently strict rules around how companies disclose and manage approaches by bidders, governed by the Takeover Panel, a city regulator. The private equity baron said rules requiring disclosure of takeover interest meant bidders would consider it simply 'easier to look at some other stock', potentially harming valuations. Rachel Reeves, the Chancellor, has urged Britain's regulators to cut red tape to boost growth. The watchdog has already sought to narrow the scope of deals it oversees. Thoma Bravo bought Darktrace, the British cyber security business launched by entrepreneur Mike Lynch, last year in a $5bn deal. It also owns Sophos, an Oxfordshire cyber security company it took private in a $3.8bn deal in 2019. Mr Bravo said he could consider relisting Darktrace in Britain in the future, despite a lack of public offerings in the UK and fears of an exodus of promising companies to US markets. He said there was a possibility Cambridge-headquartered Darktrace could enjoy a higher valuation in Europe, given a dearth of technology listings in the region. 'Given the lack of assets in that market, Darktrace, if ever we were to list that company again, perhaps we would look at it,' he said. He added it could be 'either' a UK or US public company in future. 'The fact that they are already here [in the UK] that could make sense for it,' he said. Chicago-headquartered Thoma Bravo, which has long focused on cyber security and technology deals, earlier this year closed its first dedicated fund, worth €1.8bn (£1.5bn), aimed at taking over European businesses. The London Stock Exchange declined to comment. The Takeover Panel was contacted for comment. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Telegraph
22-05-2025
- Business
- Telegraph
London Stock Exchange needs ‘major reforms', warns US investor
The London stock market needs 'major reforms' to compete on the world stage, a US private equity billionaire has said. Orlando Bravo, the managing partner of Thoma Bravo, said reforms were 'long overdue' amid concerns British companies have struggled to attract the same stock market valuations as US rivals. Mr Bravo, whose net worth is estimated at more than $13bn (£9.7bn), said strict rules governing how UK companies can be acquired 'chills the market', making British businesses less attractive to US bidders. He added that stock markets in the UK and the US needed 'major and incredibly overdue' reforms around how information is shared. Thomas Bravo, a US investment business with more than $179bn under management, has taken over several UK-listed companies, fuelling concerns that the London stock market is in crisis. Mr Bravo's comments could be taken as an example of self-interest. However, he argued that making it easier for companies to be taken over would increase stock market valuations in the UK overall, as investors would factor in the possibility of a bid even if deals did not necessarily rise. Mr Bravo said the current takeover rules make it 'very difficult' to do deals. His criticism adds to widespread concerns in the city about an exodus of companies from Britain's stock markets. The UK has seen a flood of companies quit its main market in take-privates or by re-listing in the US. Last year, 88 companies quit the stock market, the highest number in 15 years. One analyst said the UK risked having 'the best regulated graveyard' if it did not shake up its rules. Mr Bravo said the UK had a 'wonderful opportunity' to change its takeover rules to boost the market. There are currently strict rules around how companies disclose and manage approaches by bidders, governed by the Takeover Panel, a city regulator. The private equity baron said rules requiring disclosure of takeover interest meant bidders would consider it simply 'easier to look at some other stock', potentially harming valuations. Rachel Reeves, the Chancellor, has urged Britain's regulators to cut red tape to boost growth. The watchdog has already sought to narrow the scope of deals it oversees. Thoma Bravo bought Darktrace, the British cyber security business launched by entrepreneur Mike Lynch, last year in a $5bn deal. It also owns Sophos, an Oxfordshire cyber security company it took private in a $3.8bn deal in 2019. Mr Bravo said he could consider relisting Darktrace in Britain in the future, despite a lack of public offerings in the UK and fears of an exodus of promising companies to US markets. He said there was a possibility Cambridge-headquartered Darktrace could enjoy a higher valuation in Europe, given a dearth of technology listings in the region. 'Given the lack of assets in that market, Darktrace, if ever we were to list that company again, perhaps we would look at it,' he said. He added it could be 'either' a UK or US public company in future. 'The fact that they are already here [in the UK] that could make sense for it,' he said. Chicago-headquartered Thoma Bravo, which has long focused on cyber security and technology deals, earlier this year closed its first dedicated fund, worth €1.8bn (£1.5bn), aimed at taking over European businesses.
