Image source: Getty Images FTSE 250 retailer WH Smith (LSE:SMWH) doesn’t immediately jump out as a stock to consider buying. It trades at a price-to-earnings (P/E) multiple of 29 and there are better moats around sandcastles. On closer inspection though, there’s a lot more than meets the eye. The business is better than initial appearances suggest and the share price is actually cheaper than it seems. Physical retail? WH Smith has an unimpressive physical retail operation. In a world of online shopping and fierce high street competition, this part of the business doesn’t have much to differentiate itself. The most…
Author: user
France’s TotalEnergies is willing to invest in Brazil’s carbon credit market, its CEO Patrick Pouyanné told the Rio Oil and Gas conference on Monday. “Brazil is a huge potential carbon sink. We could invest in a fund for the Amazon, but it would have to generate carbon credits for us,” he said. For that to happen, Brazil must advance its carbon credit market legal framework, which is being discussed in congress. “We’re investing in the US [carbon credit market] because its legal framework is clear. So if Brazil moves forward with this, it would be a big step,” Pouyanné said. …
These days it’s easy to simply buy an index fund, and your returns should (roughly) match the market. In contrast individual stocks will provide a wide range of possible returns, and may fall short. The Evonik Industries AG (ETR:EVK) is such an example; over three years its share price is down 27% versus a marketdecline of 11%.It’s worthwhile assessing if the company’s economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. So let’s do just that. See our latest analysis for Evonik Industries To paraphrase Benjamin Graham: Over the…
For many, the main point of investing is to generate higher returns than the overall market. But in any portfolio, there will be mixed results between individual stocks. So we wouldn’t blame long term First Resources Limited (SGX:EB5) shareholders for doubting their decision to hold, with the stock down 11% over a half decade.With that in mind, it’s worth seeing if the company’s underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. View our latest analysis for First Resources To paraphrase Benjamin Graham: Over the short term the market is a voting machine,…
The world’s biggest steel producer sounded the alarm about an industry crisis in China that carries the potential to ripple around the globe and plunge the sector into a deeper downturn. Source link
Let’s talk about insider trading. Not the illegal kind, but the perfectly normal – and fully legal – trading by top-level corporate officers. These are the C-suite residents and the members of the Boards, company officers who know what’s going on behind the scenes and are responsible to shareholders for bringing in profits. They typically hold shares in their own companies and make trades based on the knowledge they have from behind the scenes.To keep the playing field level, federal regulators require that company insiders publish these transactions – and investors can benefit from seeing just which stocks the corporate…
On Tuesday, BofA Securities adjusted its stance on Saab AB stock, a Swedish aerospace and defense company, by changing its stock rating from Buy to Neutral. Accompanying this change, the firm also revised its price target for Saab AB, lowering it to SEK240.00 from the previous target of SEK265.00. The new rating and price target reflect the firm’s reassessment of the company’s future performance and market position. BofA Securities highlighted Saab AB’s impressive track record over the past two years, noting its superior performance in terms of order intake and top-line growth within its industry cluster. However, the firm anticipates…
Image source: Getty Images The FTSE 100 index has attracted its fair share of criticism in recent years. Arguably, much of the flak has been warranted. Recent research from Goldman Sachs has revealed that the Footsie delivered a 6% total annual return over the past decade. Compared to 8% for Europe’s Stoxx 50 and 13% for America’s S&P 500, Britain’s largest shares have been international laggards. However, there are indications the tide could be turning for FTSE 100 stocks. Consequently, UK investors might consider looking closer to home for strong future returns. Here’s why. A rare bargain opportunity Using the…
On Tuesday, Macquarie initiated coverage on DiDi Global (OTC: DIDIY) stock, a leading mobility platform, with an Outperform rating and a price target of $5.50. The firm recognized DiDi Global as a high-quality, undervalued market leader with a strong presence across the Asia Pacific, Latin America, and other regions. The new coverage highlights the growing demand for ride-hailing services in China, propelled by the continued pursuit of convenience and digital adoption. Macquarie projects that industry penetration will double, increasing from 3% to 6% between 2022 and 2028. This expansion is expected to be supported by the platform’s comprehensive services and…
New Delhi: Sustainiam on Monday said it has onboarded 400 MW renewable assets from Brookfield Asset Management to generate carbon credits as part of an agreement. A business entity or group earns a carbon credit by decarbonising its operations. At present, it is a growing market across the globe, “We have onboarded a portfolio of 400 MW renewable assets from Brookfield Asset Management for the registration, issuance and trading of International Renewable Energy Certificates (I-REC) or carbon credits,” Sapna Nijhawan, Founder and CEO of Sustainiam, said. The total capacity includes 50 projects which primarily consist of wind assets spread over…