Hints and tips:
...France L&S and Italy will not pay dividends this year, and XL Bermuda is unlikely to. The slack is only partly taken up by France P&C which is over distributing....
...Apart from negative l-f-l rental and value growth, we assume recapitalizations to an LTV of c.35% by 2021 lowering the EPS and NAV by c.49% and c.61%....
...at the ‘C-suite’....
...Multiple Phase II pipeline readouts expected in 2H’20, but these data points are less key to the company’s current investment thesis: GLPG have three Phase II trial readouts scheduled for 2H’20; namely,...
...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...
...Here’s Barclays to walk us through former: BT has announced plans to roll out FTTH to 20m homes by the mid to late 2020s and the second phase of a £2bn gross cost savings plan....
...And because we’re now into a “data’s wrong” phase of the coronavirus hoo-ha, that’s a difficult variable to quantify....
...But France continues to be la nuage noir à l' horizon....
...The new Rolex Yacht-Master II features a patented mechanical timer with built-in “memory”....
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