Hints and tips:
...Jaime Vazquez, analyst at JPMorgan Cazenove, said a £1bn writedown on the value of Tesco’s property estate was “a very safe minimum”....
...Vazquez, analyst at JPMorgan Cazenove....
...Jaime Vázquez, analyst at JPMorgan Cazenove, estimates that scrapping the final dividend would save about another £800m....
...Jaime Vázquez, analyst at JPMorgan, said the profits warning was unlikely to mark the start of a positive cycle for Tesco, however....
...Jaime Vazquez, analyst at JPMorgan Cazenove, said this figure – which also includes the Republic of Ireland – could increase to almost £7bn in 2014....
...“I have never seen anything like it,” says Jaime Vazquez, an analyst at JPMorgan Cazenove. “In the UK, Aldi in four years has increased its sales density from £10 per square foot per week to £25....
...While a price war could be uncomfortable for Tesco, Jaime Vazquez, analyst at JP Morgan Cazenove, suggests it could also be painful for rivals Wm Morrison and Sainsbury....
...Jaime Vazquez, analyst at JPMorgan Cazenove, says that rather than “maximise the margin”, they choose to reinvest some of their profit back into price and quality, “maximising sales” in a “virtuous circle...
...But Jaime Vázquez, an analyst at JPMorgan Cazenove in London, says that the signs of the turnround are now unmistakable – even though he points out that Mr Plassat and the management team are playing down...
...Jaime Vazquez, an analyst at JPMorgan Cazenove, notes that Carrefour, the French supermarket group, abandoned plans to spin off part of its property division three years ago....
...Jaime Vazquez, analyst at JPMorgan Cazenove, said the conditions in the UK grocery sector "do not bode well for the industry and, as a result, for Tesco”....
...“The status quo does not look an option in Turkey,” says Jaime Vázquez, analyst at JPMorgan Cazenove, a joint broker to Tesco. “We expect a lot of merger and acquisition activity.”...
...Mr Vázquez replied: “I don’t have the feeling that there is a war … We are in a macroeconomic situation that is seriously squeezing us.”...
...“We can only think of pricing flexibility as an advantage of operating multiple banners,” said Jaime Vazquez, analyst at Santander. “There are, however, a lot of advantages that Carrefour would lose.”...
...Jaime Vazquez, analyst at Santander in Madrid, reckons that the break-up value of the company is about three times the current market capitalisation....
...Jaime Vazquez, analyst at Santander, said: “We believe he is the possibly the best candidate for the job. He is French, he knows well the French and Spanish retail markets and he knows Carrefour....
...Pressure is growing on Carrefour to split its European and emerging markets businesses, which Jaime Vazquez, analyst at Santander, says could generate €40 per share before any capital gains tax that might...
...Jaime Vazquez, analyst at Santander in Madrid, says that if the situation did not stabilise, then “the pressure for a break-up will increase”....
...Jaime Vazquez, analyst at Santander in Madrid, says that if the situation does not stabilise, then “the pressure for a break-up will increase”....
...“The situation at Carrefour is so extreme it could have implications for the existence of the group as we know it,” says Jaime Vazquez, analyst at Santander in Madrid....
...“After two years of no free cashflow generation in the UK, we expect £1bn in 2010/11 and £1.3bn in 2012-13, excluding Tesco Bank,” said analyst Jaime Vazquez....
...That has served Tesco so well in the past 15 years, but we think it is hurting now,” wrote Jaime Vazquez of JPMorgan....
...Cutting its rating to “underperform” and setting a 290p target price, analyst Jaime Vazquez said Tesco had underestimated the threat from discount retailer Aldi....
...To wit, this chart from JPM analysts Jaime Vazquez, Alastair Johnson and Bianca Brebnor....
....,” said analyst Jaime Vazquez. German retailer Metro moved in the opposite direction as a group of its biggest shareholders said they were disposing of a 5.4 per cent stake in the company....
International Edition