GSK NigeriaAbstracts and thoughts based on previous four annual reports and some news articles:Revenue Growth between 2006 – 2010 at 12-14% rate2010 Turnover up 13% PAT up 45%, PE Ratio 10 -122011 Turnover up 28% PAT up 16% PE Ratio 1015 new products were launched in 2011 ! This is a great innovation metric used by 3M and Google. It quantifies an otherwise black art of innovation estimation.3M mandates that 35% of the revenues should come from products launched in the past four years. The company stands out distinctly with its assorted collection of knick knacks.GSK stood out in the past decade on this score. Some organisations call it “vitality index” or “innovation index”, measured as new product revenues dividedby total revenues. New product in Silicon Valley may be 9 months, 3 years… [Read More...]
Is the strength of the US consumer overrated?
The US consumer, which represents a bigger share of global GDP than China’s economy, has been the main driver of US GDP growth in recent quarters. Spurred by job and wage growth, consumer spending has been robust. And from a top-down perspective, there are few signs that this is about to change. However, some underlying factors suggest that weaknesses in US consumer spending are starting to appear. For example, in recent weeks, initial jobless claims started to rise gradually to levels that could raise the question if we have seen the bottom in unemployment. Last week, however, initial jobless claims fell from 228K to 213K, and also lower than expected making it difficult to conclude initial jobless claims are on an ascending path. Yet it is… [Read More...]
High-Yield Bonds: Tackling the Tough Questions
With high-yield bonds at record high prices and interest rates so low they’re barely visible in some parts, investors have a lot of anxious questions. Our opinion: we think high-yield bonds still offer more income and fare better in rising rate environments than other bond types. [Read More...]
Morning Report APAC: Asia waiting on Xi’s response
Asian trading was subdued this morning as investors awaited the response of the Chinese president Xi Jinping to Trump’s sabre rattling on trade. Volumes were the lowest in 30 days [Read More...]
Squawk: HP You can choose any one of the people going…
HP You can choose any one of the people going to contact Customer Service via email or phone support service as his advice and help services a teams of experts. Sometimes you need a little problems… [Read More...]
Euro-Area Growth: Reasons to be Cheerful
There are good reasons to be concerned about the medium-term outlook for euro-area growth. But that doesn’t mean the business cycle is dead. We think the conditions for a cyclical rebound in regional growth are currently better than they’ve been at any time since the global financial crisis. [Read More...]
Gold Futures Eye Breakout
Gold Futures Gold futures in the June contract settled last Friday in New York at 1,654 while currently trading at 1,637 an ounce down about $17 for the week still experiencing high volatility daily. Gold prices remain firm because we have lost about 10 million jobs in the United States of the last two weeks […] The post Gold Futures Eye Breakout appeared first on INO.com Trader's Blog. [Read More...]
Top Brands in Nigeria
Annual ranking of brands on the lines of Deliotte Fast 50, or Superbrands India is undertaken by top50brandsnigeria.com. https://drive.google.com/file/d/0B6ddpOiqN5eqdk8tZ3p6WWZFX1k/view?usp=sharing https://drive.google.com/file/d/0B6ddpOiqN5eqUkpYRUhTeXByYkU/view?usp=sharingFeeling like I’ve never been this lucky before since 2009, to have found three back to back bear markets. Generally staying in a single market takes 7-8 years of patience to find the next bull market eg: 1992, 2000, 2007, 2014 in India. But global investing opens the vistas for more frequent bear markets. Second opportunity afforded is going back to 1970s in 2014. Disclosure: Vested interest in positions discussed. Views are personal notions and do not represent any organisation or company. I am not an investment adviser. Investment in … [Read More...]
Five Ways to Tackle Risk in Emerging Equities
Emerging-market (EM) equities are far more turbulent than their developed-world peers. But there are several things investors can do to capture the attractive return potential while reducing volatility. Staying active is the lynchpin for success. [Read More...]
Don’t Paint Yourself into a Corner with Overly Defensive Strategies
Popular strategies for hedging against deflation and hyperinflation are likely to be disastrous if the economic outlook grows more benign as we expect. [Read More...]
Unilever Nigeria Halves in couple of months
From 63 Naira to 31 Naira in few months. 10% drop in sales and increase in interest payments. That’s it for now! More research and details to follow soon. “There is always a bear market somewhere !”Disclosure: Will start buying from Friday the 7th of November. Views are personal notions and do not represent any organisation or company. I am not an investment adviser. Investment in stock market can (and many a times do) result in loss of principal capital.http://www.elevendimension-funds.com [Read More...]
Apple’s Halo Masks US Earnings Conundrum
Deep into the US earnings season, the halo from Apple’s shining performance has lit up an otherwise lackluster market. This is no consolation for the rest of the companies in the S&P 500. In this type of market, we believe investors need to be especially discriminating. [Read More...]
Today’s Trade: Asia shares mixed despite above-target China GDP
Bourses across Asia put in a mixed performance Tuesday even though China’s Q1 GDP print came in at a bouncy 6.8% above the government’s 6.5% forecast. [Read More...]
Putting Tax-Deferred Accounts to Best Use
The common wisdom about retirement planning is to fund tax-deferred vehicles such as 401(k) plans and IRAs to the max—and we agree. But how to put these accounts to best use is more complicated. [Read More...]
Saving 400$ on your New Zealand visit
New Zealand has tough, bordering on atrocious biosecurity laws, rightly so, 70% of flora and fauna is uniquely native to New Zealand and not to be found in any other country of the world. There is a real need to protect from pests ( if protecting native species is of importance). I won’t bring in my crazy ideas of infinitely mutable life forms transiently present few millennia, only to evolve out to other species. Let us assume plain vanilla Newtonian Darwinian view of Universe, all life is physical and only moderately change and its imperative to protect them. ( Globally a losing battle ). I respect this regardless of the fact that this 15 billion earth years old physical universe may have been created and dissolved countless times… [Read More...]
Worried About US Stocks?
After a jittery January, investors in US equities are gritting their teeth. But even if equities lose some steam after last year’s rally, we think company fundamentals and the interest-rate environment should support a resilient market in 2015. [Read More...]
COT: Record IMM EUR long despite being range-bound for months
In the week to April 17 the speculative dollar short against nine IMM currency futures continued to climb and reached $29 billion the highest since early 2011. The change was driven by EUR GBP and NZD buying with the net IMM EUR long climbing to a fresh record despite EURUSD having been range bound since January. [Read More...]
Squawk: European averages join US indices with bullish extensions In yesterday’s…
European averages join US indices with bullish extensions In yesterday’s report here we highlighted that the main US equity indices have produced aggressive rallies back higher this week with both… [Read More...]
COT: Energy and metal buying lift bullish bets to four-week high
Hedge funds increased bullish commodity bets by 4% to 2.1 million lots during the week ending April 17. Broad-based buying of energy and metals not least WTI crude oil natural gas and silver more than offset slight selling in grains and livestock. [Read More...]
Nigeria Trivia
Nigeria, one-third larger than Texas and the most populous country in AfricaIts GDP has recently overtaken that of South Africa.The country is gradually transitioning from military to civilian rule, although with violence in northern part of the country. 75% in north and 50% in rest of the country is unbanked.Current population is 170 million (7th most populous country in World). Per capita income is 3000 USD ( India is at 1500 USD) Fertility rate is 6 births per woman.It is on track to be 3rd most populous country of the world by 2050 after China and India overtaking USA.Jumia.com, Konga.com are equivalents of flipkart.com, growing rapidly.Nigeria gained independence in 1960 and joined the Commonwealth. Most of the history has been marked by Army … [Read More...]
- 1
- 2
- 3
- …
- 12
- Next Page »