Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Apols for the double post , I'm sitting in the business center(sic) of the Arrecife Gran where the free coffee and patisseries are excellent,(warning sexist comment ahead!), the staff are attractive and helpful but the tech and internet is cr*p!
NN your comment is valid BUT discounting is a real effect of the monetary environment , and is required to be accounted for, revenue and profit growth are hypothetical.
NN your comment is valid BUT discounting is a real effect of the monetary environment , and is required to be accounted for, revenue and profit growth are hypothetical.
Of course, the NPV of the current profit levels of profit diminishes with time, but likewise the revenues & profits should increase by the same level at worst, and hopefully both profits & revenues grow in real terms.
Then the only consideration is the payback period after taking into consideration the servicing of the debt.
I didn't want to call anybody out Casa but that's precisely what I thought - Trouble is does than mean on a 10x multiple the outfit is only worth c. £40b?
The article in question doesn't include any reference to "the intrinsic value over 10years is at least £100billion.... " I know 'cos I have an FT sub and have read it!
I suspect TR needs to own up that he multiplied 10 years of revenue at £10 bill per annum to get the figure ,if so ,he has made two errors REVENUE and PROFIT are not the same thing and future revenues should be discounted in future years to allow for (rising) inflation.
Just paste in search engine
GSK confident independence best treatment for consumer health unit
I’d love to take credit for this but someone on another board made me aware of it. If you click on the link it will take you to the Financial Times page that tells you you have to log in. Copy the title of the article and paste that into your internet browser search bar at the top of the page (paste and search or paste and hit enter). That should provide you with a number of searches one of which will be the ft and the article and when you click on that link it opens up the article without needing to go through the paywall.
Hope that helps.
Hi riskingit, I'm afraid I copy and pasted from TR64's earlier post, which I assume him did the same from the following link in his post.
https://www.ft.com/content/887a20d2-4d72-4ce0-8722-4883a6420233
I don't have access through the FT.com paywall.
All the best, Alex
Hi Alex,
Can I ask how you've come up with the £100b valuation?
As far as I can see the cobined profit for the combined groep is £4b per year - c. 67% for GSK = £2.68b
Cheers
Am with ULVR unfortunately although I sold 50% exactly a month ago for a loss to buy AV. Just took some profits off GSK this a.m.
.." as the Intrinsic value over 10 years is at least £100 billion..GSK would be hard pressed to build anything in any sector to replace that value -so why sell something that as a value way above what being offered.. ".
TR64... I totally agree with this, and will add, GSK should continue on it's course forming the new retail side, then make an aggressive buyout of Unilever, Unilever are clearly short of enough cash. Not quite a reverse takeover.
I am only with GSK, and consider Unilever too low yeald, which is on par with their low return from their products.
Like Marmite.
Alex
Maybe Unilver can raise to £75 billion-but I doubt it will make much difference - the brands an market share as taken 7 year to build to its current £10 billion of revenue a year- that is due to increase dramatically as the UK switches from prescriptions and more to OTC .. It cost GSK over £10 billion to buy out Novartis 36% share in 2018- so expect Unilever to have to spend in excess of £75 billion and still that will not be enough -as the Intrinsic value over 10 years is at least £100 billion..GSK would be hard pressed to build anything in any sector to replace that value -so why sell something that as a value way above what being offered
https://www.ft.com/content/887a20d2-4d72-4ce0-8722-4883a6420233