Friday, October 24, 2014

Tesco: Expect full-year adjusted earnings per share (EPS) of 15.15p and about the same in 2015, says Deutsche.

Deutsche Bank has cut estimates for the second-half and for the full-year. The broker now expects full-year UK profit of £814 million, 23% less than previous estimates, and 13% less in Asia, driving annual group profit down 45% to £1.8 billion. In 2011, it was almost £4 billion. Expect full-year adjusted earnings per share (EPS) of 15.15p and about the same in 2015, says Deutsche.

At 174p, Tesco shares trade on 11.5 times forward earnings. That’s expensive given the ongoing price war will likely continue to crush UK margins, and without any guidance either on profits, or strategy. Much will be expected from the January statement. Until then, it’s difficult to see any positive catalysts.

http://www.iii.co.uk/articles/200463/tesco-horror-show-continues

http://www.iii.co.uk/tv/episode/tesco-fiasco-dissected


Wednesday, October 22, 2014

The Oracle of Omaha - Picking Stocks Like Buffett

How to Pick Fundamentally Strong Stocks

Replicating Walter Schloss' Investment Technique

How to Value Stocks


Picking Stocks Like Peter Lynch


Back to Basics: Investing Like Benjamin Graham


Income Investing - The Power of Dividends