Hints and tips:
...At c30x P/E, we do not feel valuation fairly reflects these risks and thus downgrade to Sell with a GBp385 price target, suggesting c30% downside from current levels....
...On our current published forecasts, Royal Mail trades on a March 2020E P/E of 10.3x and EV/EBITDA of 3.6x (rising to a March 2021E P/E of 13.4x and EV/EBITDA of 3.8x)....
...What happens further down the P&L is largely a question of capital structure, but it appears most will be either loss-making or make only marginal PBT....
...James Alan Craig the alleged manipulator (who is still fighting extradition to the US) actually lives here: https://goo.gl/XqKKi1 Apols to the other JAC....
...A B C D E F G H I J K L M N O P Q R S T U V W X Y Z6. The alphabet is here to help you with these questions....
...In a totally different mood, I loved the elegiac 19th-century photo album at dealer Hans P....
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