Hints and tips:
...The prices were laid out side by side behind the glass pane: €1.10 for a croissant, €1.20 for a pain au chocolat, €1.30 for a pain aux raisins....
...The ‘Maple Revolutionaries’ Canada has shown one way of doing that....
...Since taking the reins, Piombini has sought to reboot Diesel as a dynamic 2020s brand. “My competitors aren’t Levi’s or Balenciaga,” he told Vogue Business in 2020....
...L’état, c’est moi’ The personalisation of postwar French politics can be traced back to the domineering de Gaulle, who oversaw the creation of the system that has endowed the president with substantial...
...We continue to see the business as undervalued on a bottom-up basis. Elsewhere . . . ....
...We do see the business as being well placed to expand as peers retrench, and its customer demographic is optimal to benefit from an early recovery....
...Management guides to c£60mn of net benefit in 2H (c£78m extra costs offset by six month business rates relief of £137mn)....
...PBT: £128m; Net Debt: £1,358m; FCF c. £25m. And Barclays (overweight, 115p target): Bottom-line....
...c£1.5bn (c30% of the current market cap)....
...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%....
...GLS, the Dutch-based logistics bit of Royal Mail, seems to be doing okay but the chairman says it’s of strategic importance to the group, so anyone reading the recent stakebuilding by Daniel Křetínský as...
...“A lot of lenders moved away from accepting as much variable income as they did before the pandemic,” says David Hollingworth, director at mortgage broker L&C Mortgages....
...They’re now doing rather worse after a flood of bad press, and in spite of “dear CEO” letters this morning from the FCA agreeing that purchasers of business interruption insurance should never have expected...
...As a reminder, every 1% on agents is 0.5% on EPS....
...Mr Ghribi meanwhile has had a low profile in media other than his own websites: there have only been a couple of local press mentions since this 2002 WSJ story about doing business in Colonel Gaddafi’s Libya...
...We conclude that NT liquidity may be tightening: 1) debt is increasingly being structured in the form of Murabaha non-cash-interest loans – we estimate these comprised c.24% of bank debt in 2018 vs 0% in...
...The power restaurants: 1....
...As do Avast, Unite, Nichols and CapCo. ... Hipgnosis Songs Fund confirms it’s doing another cash call (as we flagged at the weekend). ......
...Given our outlook on growth, we forecast returns to contract by c.4pp over our forecast period (ROIC core business including goodwill) vs....
...David Hollingworth, director at L&C, a mortgage broker, says borrowers in such cases might consider an offset deal, which allows the mortgage advance to be held by the bank and used to reduce or offset the...
...“I think at the time that it was quite nice appreciation, ‘l’enfant terrible’,” he says. “It showed that I was doing things that were maybe not in the rules, which is good for me....
...Gaitonde (estimated at £1m-1.5m) and Tyeb Mehta (£1.2m-1.8m)....
...David Hollingworth at L&C Mortgages says assessing how much you now owe and having an idea of the property value will be important in determining the mortgage choices....
...L&G vs M&A As a self-confessed Newcastle United fan, Legal & General boss Nigel Wilson is used to doing things that others would choose not to....
...David Hollingworth, director at broker L&C Mortgages, says more borrowers are likely to focus on longer-term deals....
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