Image source: Vodafone Group plc The Vodafone (LSE:VOD) share price is now only 4.5% above its 52-week low. It’s a sad decline for the telecoms giant that was once Britain’s most valuable listed company. Today, it’s ranked 31st in the FTSE 100 league table of market-caps. And no matter what the company’s directors do — or how well it performs — it doesn’t appear to reverse the decline. Ringing the changes In February 2020, the group’s shares were changing hands for around 150p. They are now 57% lower, at around 66p. But from an operational perspective, the company hasn’t been…
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Image source: Getty Images FTSE 250 broadcaster ITV (LSE: ITV) has fallen 15% from its 22 July one-year traded high of 88p. As a share’s yield moves in the opposite direction to its share price, this has pushed up its annual return to 6.7%. By contrast, the average FTSE 250 yield is just 3.3% and the FTSE 100’s is 3.5%. It is also very close to the 7% minimum I look for in shares selected for my passive income portfolio. This is designed to generate a high yearly passive income so I can keep reducing my working commitments. Passive income…
Japanese banking giant Mizuho Bank and GenZero, a unit of Singapore’s wealth fund, have partnered to generate carbon credits… Source link
Image source: Getty Images As a value investor. I scour stock markets for undervalued companies for my family portfolio. In particular, I regard the FTSE 100 as my happy hunting ground. Home or away? Alas, value investing has ridden a rocky road since the global financial crisis of 2007-09. Over 15 years, growth stocks have delivered vastly superior returns to value shares. And today’s biggest game in town is owning mega-cap US tech stocks, notably the ‘Magnificent Seven’. Despite favouring value over growth, I heed the advice of my hero, billionaire philanthropist Warren Buffett. In 2021, he warned investors to…
Image source: Getty Images GSK’s (LSE: GSK) share price is down 21% from its 15 May 12-month traded high of £18.19. This is despite the 5 February release of very strong 2024 results that pushed the stock up 7% on the day. Such a price slide in recent months could indicate that the firm is fundamentally worth less than it was before. Or it may be that a major gap between the stock’s price and its fair value has opened. This could provide me with a terrific opportunity to lock in substantial value at a bargain-basement price. To ascertain which…
As the UK sets its sights on achieving net-zero carbon emissions by 2050, the focus on retrofitting existing buildings has never been more crucial. With a substantial portion of the nation’s building stock dating before 2000, this approach offers a viable solution to reducing carbon footprints without the need for complete demolition and reconstruction. To underline this statistic, the UK Green Building Council says that 80% of the buildings we will use in 2050 will have already have been built, and recommends that the built environment must address the state of existing housing stock in the UK. To drive this…
Rental Growth: Increased by 5.5% in the like-for-like portfolio. Net Operating Income: Increased by 7% like-for-like. Debt Reduction: Reduced by SEK32 billion over the last 24 months. Property Sales: Planned sale of properties in Vasters Sgklingan for SEK1.4 billion. Joint Ventures: Dissolved joint ventures amounting to SEK20 billion. Community Properties Assets: Valued at SEK44 billion. Loan to Value (LTV): Decreased to 61%. Interest Coverage Ratio: 2.0. Average Debt Maturity: 2.9 years. Average Interest Rate: 2.43%. Goodwill Impairment: SEK1.4 billion in Q3, unchanged in Q4. Property Portfolio Decrease: Decreased by SEK20 billion due to deconsolidation into joint ventures. Release Date: February…
Image source: Getty Images A £10,000 investment in Greggs (LSE:GRG) shares a decade ago would now be worth around £25,773, based on the stock’s rise from 821p in February 2015 to 2,116p today. This translates to a 157% capital gain over 10 years, excluding dividends, which would add roughly £1,500–£2,000 to the total return. While this long-term growth appears impressive, recent performance tells a more nuanced story. The Greggs recipe for success Greggs’ 10-year rally was fueled by strategic expansion and product diversification. The bakery chain added nearly 1,000 stores to over 2,500 locations, capitalising on demand for affordable, on-the-go…
Russian President Vladimir Putin during a joint press conference with U.S. President Donald Trump in the Presidential Palace in Helsinki, Finland, on July 16, 2018.Jussi Nukari | Lehtikuva | ReutersSince invading Ukraine three years ago, Russia has spent a significant amount of energy demonizing the U.S. and denigrating its leadership, economy and culture — and what it saw as Washington’s “hegemony” in the global world order.U.S.-led international sanctions prompted more vitriol from Moscow, with Russian President Vladimir Putin and other senior officials slamming the almost continuous slew of punitive restrictions on key sectors of the Russian economy and its elite,…
Photo: Joe Raedle/Getty Images The on-again, off-again speculation that Walgreens is for sale to a private equity firm is on again. CNBC’s David Faber revived talk – and Walgreen’s stock – on Tuesday when he said on air that the pharmacy chain may be sold to New York-based private equity firm Sycamore Partners, according to Bloomberg. Faber said he was upgrading the deal to “alive” based on what he’s heard from his contacts. Sycamore specializes in retail and consumer investments. Stocks for Walgreens, which has been beleaguered by financial losses, temporarily rose 14% yesterday on the news, according to Seeking…