Hints and tips:
...The valuation is attractive, in our view, at P/TNAV of 0.85x in CY20E falling to 0.78x in CY21E....
...The London-based jobs that handle rough diamond sales – including much of the world’s sorting, valuation and distribution of diamonds – will have moved to the capital city by the end of 2013....
...“Now that it is clear there is no buyer, valuations have to fall.”...
...And who – apart from CSO – holds the paper?...
...But it also distorts comparative valuations between sectors....
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