ML pushing short SBRY ahead of next weeks kantar data and we continue to believe in the short case for TSCO (part of an update note from yesterday below The BRC-Neilson shop price food inflation shows that UK food prices have continued to trend downwards for the past 12 months, falling more aggressively in past…
Sanofi has underperformed its pharmaceutical peers throughout 2013-2014, up only 5% in a bull market versus Roche +42%, Novo 38% & Novartis +25% We like Sanofi and think it is well positioned to benefit from rising diabetes levels, particularly in emerging markets such as China where figures continue to rise due to westernisation of eating…
ARM: Chip off the block… The stock is off 1.9% since we published our original idea on 15th Jan 2014 We still believe that this stock is a great mid to long-term play, and well positioned to benefit from “The Internet of Everything” The Mobile Congress in Barcelona this week will unveil a lot of…
Pushing all the right buttons… Results released by company are all supportive to our buy stance The company expressed optimism from the previous year with signs of improving demand in China & US helping to boost margins They also expect a full pay for Invensys out of 2014 cashflow & mentioned the possibility of buyback…
BAE is our weapon of choice for 2014 but has so far been more of a sparkler than a leathal weapon. Our main concern is the strong £, which will hurt underlying earnings Growth has been lackluster and geopolitical issues although all around us have not translated into sales right now. We still think defense…
The announcements this morning have done the job..details of the numbers look good,alot less cash burn than estimated. So far so good now over to Tavares.. Short interest up at ~26% and the borrow is maxed out…Lets see what Tavares says later but hopefully this is the start of the journey Tue, 18 Feb…
Poor topline numbers from ATOS this morning however looking further out the progression is there This weakness is another chance to get long with management confirming the worldline IPO this year and there foothold in payments where M&A is likely also this year…keep adding Thu, 19 Dec 2013 15:27 Compelling three-year plan starting…
PEUGEOT….The three Lions….Time to Roar Family/French state/Dongfeng Numbers and most likely details of the rights issue tomorrow and the future direction with the three lions in charge making the Peugeot investment case compelling Tomorrow should put to bed any cash flow issues They’ve had a cap increase before and it didn’t go well. This time…
CBK good performance them this morning, all going in the right direction. NCA portfolio reductions will be helpful and key to the story. Op profit better/costs are flat but better than expectations and this was another area where people where concerned going into numbers. Net income of Eur64m alot better than consensus and capital was…
YELLEN headlines in line with expectations. Can read them as inline or slightly hawkish. Either way it means more of the same for the FED for now. The Taper continues… As we said in our 2014 piece we think Europe outperforms the US in 2014 If anything there is even more reason for that to…