Hints and tips:
...But EVs require changes in how auto salvage yards operate....
...Its model has been widely adopted across Canada’s public sector — CPP Investments, established in 1999 to oversee and invest the assets of the Canada Pension Plan, has grown from just C$12mn to C$536bn and...
...Dall-E is spelled D-A-L-L dash E. It’s a portmanteau of Wall-E, the Pixar robot, and Salvador Dali. And this software is part of a new trend in digital technology called AI-generated art....
...antioxidant Vitamin C into the serum only when you press to dispense it....
...Recycling solid-state batteries is a much simpler and safer process....
...Michelin’s relative de-rating to auto suppliers provides a late-cycle mispricing opportunity in our view....
...Weighing in at ~7,000 words and with 84 references, G4S’s Wiki “controversies surrounding . . .” rap sheet is longer than the ones for the Legion of Christ and Grand Theft Auto V, though not quite as long...
...Management guides to c£60mn of net benefit in 2H (c£78m extra costs offset by six month business rates relief of £137mn)....
...We note the c.30% premium to key peer Sodexo....
...There is not a shred. The dining room could be in Paris....
...Warren Buffett-backed Chinese auto group BYD has raised $113m in Series A funding for its chipmaking unit, BYD Semiconductor....
...We value Sumo based on a PE multiple of c.36x FY20E, a c.10-15% premium to the global peer group average (falling to 27x in FY21E)....
...In our view, this sends a message not just to auto and tech investors, but to the management teams and board of directors of the world’s auto companies....
...Here’s Investec (sell) to summarise: [L]ockdowns are impacting consumption in North America (c. 30% of sales), Europe (c. 20% of sales), India (c. 10% of sales), Africa (12% of sales) and many countries...
...Our DCF model now values the shares at 199p, which is equivalent to EV/FY19E sales of 1.3 times and a premium to ratings of German auto brands....
...In recent years, like-for-like price inflation has also outpaced peers at 4-5%, compared to e.g. 2-3% for Auto Trader....
...The division is margin dilutive to the Group at a c.13% operating margin (Group c.18-19%)....
...Here's a neat chart from Auto Express explaining the process....
...However, we must also remember that the biggest single console game ever, Grand Theft Auto, went through a similar process....
...Nathan Coe will become chief executive of UK-listed Auto Trader following Trevor Mather’s retirement after six years at the helm....
...If the bet had gone wrong, Boeing would have gone the same way as the Glenn L Martin Company, one of the pioneers of jet aviation.”...
...Valves Group All3Media International Allstate Northern Ireland Ampetronic A-Safe (UK) Aspen Pumps Axis Productions B The Berkeley Group Holdings BT Technology, Services and Operations Bute Fabrics C...
...“Le style, c’est l’homme,” say the French. In which case director Michael Winterbottom is less a man than a multitasking movie mutant, with styles as plural as his projects....
...When WWF graded some of the best-known luxury brands according to their environmental performance, none received higher than a C plus....
...Prahalad, C. K. & Hart, S. L. 2002. “The Fortune at the Bottom of the Pyramid.”. Strategy + Business, 26: 54-67. Sirmon, D. G., Hitt, M. A. & Ireland, R. D. 2007....
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