Hints and tips:
...Since 1990, missing the 30 best days of the S&P 500 cuts your compound returns in half....
...Today, it employs more than 1,000 staff and serves a roster of multinational companies in the Philippines that includes Unilever, P&G, L’Oréal and Nestlé....
...(Stat News) News round-up Elizabeth Holmes wraps up testimony in Theranos fraud trial (FT) French shipping group CMA CGM agrees $3bn logistics deal (FT) Nestlé trims L’Oréal stake by €9bn (FT) Credit...
...Not many managers are ready to do this — though some are beginning to ask their clients what they want (L&G and Aviva are ahead of the game)....
...Now it risks losing most of its investment — debt rating agency S&P Global expects AMC to run out of cash in six months....
...“Luxury goods, housebuilders and logistics companies. These will have some pent-up demand.” He also notes that this demand will come from buyers least affected financially by the pandemic....
...) 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....
...However, the outlook is uncertain, rising one-offs make P&L valuations less relevant and cash conversion is declining. In addition, top management changes add another layer of complexity....
...Increased focus on the home, reversing some L-T adverse trends....
...through the P&L....
...Based on company commentary so far, we still believe potential COVID-19 claims (including BI) are a manageable P&L event for the sector, although the devil will be in the detail when it comes to BI policy...
...L.P. (“KKR”) and GK Investment Holding Group SA (“GKI”) (each a “Potential Offeror”) regarding possible offers for the Company....
...L’Oréal Sector: cosmetics / HQ: Paris, France Key stat: Online sales jumped 53 per cent in the first quarter....
...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....
...But when everything explodes, your P&L explodes with it, and that is what we are currently living through....
...Among other laggards, Victoria’s Secret-owner L Brands, also mall-based, posted a dip in net revenues for the festive season....
...Shares in L Brands, owner of the troubled lingerie brand Victoria’s Secret, tumbled 18 per cent after the company halved its annual dividend following the market’s close on Monday....
...Department stores, clothing specialists and general merchandise chains are the three single worst-performing subsectors of the S&P 500 over the period....
...Energy Transfer Partners and Sunoco Logistics Partners, the companies leading the $3.8bn project, said in a statement that the move to block Dakota Access was a “purely political decision” on the part of...
...It certainly has the P&L profile of an online disrupter: it is taking longer to break even than originally expected and admits to “investment losses being more than internally planned”....
...For instance, US consumer companies have been a regular investment area for activists who have invested in Mondelez, Pepsi, P&G and ConAgra....
...Take the MBA learnings of entrepreneurship, e-commerce or human-centred design, but become a manager of something real; with inventory, and a clear P&L statement. The benefit?...
...Second, it may hinder the effective functioning of [Global Value Chains] since logistics, finance and communication are the oil that greases the wheels of globalization.” (OECD) —— 26....
...ACT Training • Brother Industries (UK) • Cadwyn Housing Association • Carillion Civil Engineering • Dwr Cymru Welsh Water • Finance Wales • GD Environmental Services • Network Rail Cymru Wales • P&...
...Catch up on their findings, which include the curve trade that never was, the whale and the P&L, the CIO’s Kodak moment and much much more, in the CSI:CIO series here....
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