Investor AB Annual Report (link)
The Chairman Jacob Wallenberg:
The importance of having the right person at the right place at the right time cannot be overestimated. As my grandfather said: “No company is so bad that it cannot be turned around by a good leader”.
In Atlas Copco, we fully support the proposal made early 2017 to split the group into
two focused, market-leading new companies, further enhancing future value creation.
Net asset value growth and cash flow was strong. For 2016, the board proposes to increase the dividend to SEK 11 per share (10).
I am back from my vacation, some updates and notes:
Saleorder I installed for BT Group striked and I sold my Position with an acceptable profit (annualized). I am still not sure if I want to do things like that in the future considering the risk/reward profile of that
Foot Looker released some good Q4 numbers. The stock now sales for ~15.5 earnings. Btw. I like their reporting.
The Company’s net income increased to $664 million in 2016, or $ 4.91 per share, compared to net income of $541million, or $3.84 per share in 2015.
Seems like Hormel Foods
and L Brands disappointed investors. Both stocks lost recently. I am planing to lock at them.
French Vivendi goes down and down slowly… maybe I will look at it again. (Bollore stayed more or less flat)
To Do list:
- Read Warren Buffett’s Annual Letter
- looking at Hormel Foods again
- looking at Danaher
- looking at Vivendi
- looking at L Brands (Victorias Secret)
MMI from valueandopportunity came up with this two special situations which leed to this actions:
Bought 2,3% Position of Actelion on Friday
Bought 2,5,% Position of Sapec SA Today
Disclaimer: This is not investment advice. The stock mentioned is relatively illiquid and potentially risky. Please do your own research !!!!
Seems like the deal is finished (link)
I think the Newco is also on a standalone basis very interesting because 1.) the current CEO stays with them, and 2.) the imbalance between the Actelion (280$) and Newco (~10$) price could create a lot of “forced” sales on the first days of trading.
Since it lost ~20% on one Trading day and has a “brand” name I have looked at UA but for me it was still very expensive and the move in fashion sounds very risky for me – no buy from me here.
Disclosure: Long Sapec & Actelion
The content contained on this site represents only the opinions of its author(s). I may hold a position in securities mentioned on this site. In no way should anything on this website be considered investment advice and should never be relied on in making an investment decision. As always please do your own research!
Whitbread which I mentioned here recently came up with some good numbers (link)
Britvic had a Strong start to the year and is confident of meeting market expectations (link)
GB carbonates continued its outperformance of the market with a revenue increase of 5.5%.
France revenue increased 6.3% with the branded portfolio in strong growth
Ireland revenue increased 6.4%, with both Counterpoint and our branded business performing well.
The International division reported a 19.8% increase in revenue, compared to a 13.8% decline in Q1 last year and was largely as a result of a 14.1% increase in volume.
Paypal reports 21% FX-Neutral YoY revenue Growth and expects 14-16% revenue increase in 2017 (link)
Walgreens reduced its offer for RiteAid “based on the number of required store divestitures” (link)
will be a maximum of $7.00 per share and a minimum of $6.50 per share
Note: the RiteAid stock is now at 5,62 USD