Hints and tips:
...In our view, this probably explains their strong re-rating (forward P/E of 27.2x), and why they are trading at a 110% premium to the STOXX 600 (13.0x)” wrote....
...A: Wall-E 4....
...Heineken — where its Heineken 0% has become the world’s number one non-alcoholic beer brand — looks more reasonable on a p/e of 14....
...Goldman veteran Tim O’Neill is retiring after nearly four decades at the Wall Street investment bank, per Bloomberg....
...: to reinvest 90 per cent of its profits back into the people who make its clothes along with causes including War Child UK, WildAid and Brac, which empowers women living in poverty. ninetypercent.com O...
...O Over-rule When an umpire reverses a call by a line judge, aka how umpires prove they’re awake. P Passing shots Things of beauty that have more or less killed off serve-and-volley tactics....
...Two other shows have been curated for the reopening: “E/MOTION....
...In 2019 it generated a 58 per cent net return, about double the S&P 500....
...On the current price/2019 earnings metric, the stocks look very cheap — mid-single digit P/E multiples are low even by the standards of these two capital intensive, cyclical industries....
...And then the New York Times announced it would pay some M-O-N-E-Y, five letters, for the viral smash hit Wordle. A Brooklyn software engineer created Wordle as a gift to his girlfriend....
...El San Juan, 5th Avenue between E 116th and 117th....
...Morten O. Ravn: Hopefully not....
...Their research was sponsored by Arrow, but the p/e metric they used was still half that of peer Intermediate Capital, which has been on a similar ‘asset management’ journey....
...COE murria.cat O Divin, Paris Redha and Naoufel Zaïm – the brothers behind O Divin restaurant in the 17th arrondissement – also run two shops out east in the heart of Belleville....
...Burberry trades at 23x P/E and 11.8x EV/EBITDA on FY21E estimates (vs sector at 27x and 15.7x)....
...Quantitative skills: Real Madrid strikes €360mn events deal for revamped stadium People: P&O Ferries sacks 800 sailors and halts crossings for days Business growth: Brompton to fold up London base as capital...
...The bulls will point to a P/B below 1, FY21e EV/EBITDA of 4x and EFCF Yield of 8% as evidence of clear value....
...This is based on a P/E of 14.5x 22E, set in line with IMI’s 5-year average P/E. The current P/E relative to the sector at a c30% discount is at the low end of the 30 year trading range....
...Citi’s Tobias Levkovich says the present level of valuations — with a forward P/E at 20x for the S&P 500 — “leaves little to chance”....
...However, on metrics that smooth out investment, like P/E, BT looks very cheap, on 6x P/E (sector 15x). Our price target remains 130p....
...Valuation: We value Greencore at 10x and Bakkavor at 6x 2022E P/E, representing discounts of 20% and 50% to MSCI UK Staples, respectively, implying PTs of 140p and 70p....
...A merger between Pharos and Transglobe would create an Egypt oil-focused E&P with >£100m market cap and >20Mboe/d oil-weighted production....
...However, with limited upside to our price target on c.15x P/E 2020E, we downgrade to Hold....
...Trading on 6.8x CY21E P/E, we cut our PT by 30% but double upgrade to a Buy rating. FirstGroup, Reiterate Hold: We cut FY20E/21E EBIT forecasts by 2% and 81% respectively (noting April year-end)....
...At 28.7x P/E CY21, we move to Sell from Neutral. Burberry has already underperformed peers YTD... Burberry’s share price has underperformed the luxury peers by c.12% year to date....
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