debt prepayment penalty and right issue expenses) and has ignored the robust underlying numbers. We see this stock as undervalued with the shares trading at more than a 30% discount to our fair value estimate based on five-year discounted cash flow
investing techniques that may profit when stocks fall. Other strategies allow their portfolio managers to pursue their best investment ideas regardless of asset class or global region. Q: Alternative assets like real estate, commodities and infrastructure
We are raising our fair value estimate on Plains All American to $53 from $50 as we transfer coverage. Plains is a wide - moat pipeline MLP that provides midstream transportation, terminaling, storage, processing, fractionation services for producers
Overall, TD’s results continue to demonstrate the strength of the bank’s narrow moat, as adjusted return on equity equaled 15.0% for the quarter. At this point, we will maintain our wide moat rating and fair value estimate.
results, and we continue to believe that Costco is one of the strongest firms in the competitive defensive retail space. Our wide moat rating remains in place, as Costco’s low margin, high volume operations give the company a cost advantage and considerable
firm's asset portfolio and extend the life of its inventory of high quality drilling locations. We believe management paid a fair price for the bolt-on, which means our fair value estimate of CAD 25 is unchanged (our estimate for the US listing has decreased
Best Idea Kingfisher reported a first-quarter trading update that supported our thesis of a robust performance in the U.K. and medium-term margin improvement. There was little inflection in any of the core markets, as France continued to be weak and the U.K. and Ireland performed reasonably well.
sustained lag in adjusting network capacity to demand. Our wide moat rating is intact, but we've reduced our fair value estimate ..... trading at $103, so we maintain our opinion that they are undervalued . Most impactful is the 24% decline in second-quarter coal
MUMBAI/NEW DELHI, May 28 (Reuters) - Cinemas, Rolls-Royces and rooms so plush they could belong in a five - star hotel: private hospital operators in India are all but rolling out a red carpet to lure affluent locals and tourists to seek
with the dedication to shareholder returns via dividends. We maintain our AUD 12 per share fair value estimate. Iluka is undervalued with mineral sand prices near cyclical lows. Approximately AUD 3 per share of the fair value estimate is underpinned by