Hints and tips:
Showing results for JUNIUS P. LEISURE , II
...Inflation and cost pressures could hit leisure and corporate demand in the second half after some post-pandemic respite....
...Coincidentally, Berenberg has a big leisure sector initiation out that mostly uses a rear-view mirror for Covid....
...Today we’re testing positive for MIFID II violations. What follows is little more than a comprehensive bundling of sellside research....
...TNAV came in at 284p (flat qoq), putting the stock on 0.39x trailing P/TBV....
...It only expects to reopen 400 of its 600 sites by year end (presumably not the leisure sites but this is unconfirmed); (ii) Lfl decline of 45% for the year (-60% H1, -45% Q3, -10% Q4); (iii) annual capex...
...) estimates i.e. an attractive valuation, however: i.) preprovision profit in our base case is declining -2% CAGR ‘19-22E and ii.) our L-T recession scenario sees only 1% p.a....
...The second largest category was Entertainment & Leisure at 160m (9%) ....
...L.P. (“KKR”) and GK Investment Holding Group SA (“GKI”) (each a “Potential Offeror”) regarding possible offers for the Company....
...The company has announced an interim dividend of $101m ($0.9531 p/s) and is launching a new $67.3m share buyback today....
...We use 3.0x EBITDA multiple for Leisure....
...The discount of our UK domestic basket at 10% (24-month Internationalfwd P/E) is not especially wide by comparison to the past 4 years post the EU referendum....
...i) it is a core supplier to enterprises focusing on the heaving lifting of digital transformation through Enterprise DevOps, Hybrid IT Management, Predictive Analytics and Security, Risk & Governance; (ii...
...The quarterly declines in GDP growth we anticipate substantially exceed anything previously recorded going back to at least World War II....
...At 10x P/E (adjusted for pension and earn out), ITV is the most expensive broadcaster in Europe....
...(ii) such a property wealth tax would lead to inefficiency in investment behaviour....
...The slew of mergers is driven partly by jitters over capital under Europe’s incoming Solvency II regime....
...Petro Matad slumped 22.6 per cent to 95½p after the company said the Davsan Tolgoi-6 well in Mongolia was dry, but Red Emperor Resources – dubbed Range Resources II by City brokers – made a solid market...
...The insurer rose 2.4 per cent to 93½p after the Pensions Corporation, a pensions buyout business, hosted an upbeat meeting on new European capital rules known as Solvency II....
International Edition