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Results: REL

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RELX retains its crazy name but (still I grudgingly accept) a good business

Back in late October here, I concluded that RELX (REL) - despite changing its name from Reed Elsevier a number of years back - was a ‘well run business with continued progress in academic, legal and scientific (predominately online) journals and textbooks’ even if the events business, unsurprisingly, remained a bit of a mess.  However, I still did not see a share price that I yet found attractive.  Prices have moved since from just under £17 a share to now about £18 a share.  So what to think now following the publication of full-year 2020 results?


RELX – crazy name but (grudgingly I accept) a good business...

Call me a complete weirdo, but there is something about the name RELX (REL) which completely gets on my goat. There are a couple of reasons for this, but the only one I am going to share with you is that I thought the old name of Reed Elsevier is far classier. I wonder what the bill was (way back in 2015!) for thinking up the new name? All I know is, when you (still) have to provide a pronunciation guide ("REL-EX" if you were wondering), it ain't a good look. Anyhow, the 'X-factor' of just sticking the twenty-fourth letter of the alphabet at the end of a logical name is so...2015 but I have to grudgingly admit that the company - which describes itself as a 'global provider of information-based analytics and decision tools for professional and business customers' - is a good 'un...

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