Lux Island Resorts Limited (NRL.mu) Q32020 Interim Report

first_imgLux Island Resorts Limited (NRL.mu) listed on the Stock Exchange of Mauritius under the Tourism sector has released it’s 2020 interim results for the third quarter.For more information about Lux Island Resorts Limited (NRL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Lux Island Resorts Limited (NRL.mu) company page on AfricanFinancials.Document: Lux Island Resorts Limited (NRL.mu)  2020 interim results for the third quarter.Company ProfileLux Island Resorts Limited, formerly known as Naïade Resorts Limited, is a collection of premium hotels in the Indian Ocean with running operations in Mauritius, the Réunion Island, the Maldives, China, Vietnam, Turkey, and the United Arab Emirates. The company however, operates as a subsidiary of IBL Ltd as of May 18, 2018. Lux Island Resorts Limited is listed on the Stock Exchange of Mauritius.last_img read more

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E.A Portland Cement Company Limited (PORT.ke) 2020 Annual Report

first_imgE.A Portland Cement Company Limited (PORT.ke) listed on the Nairobi Securities Exchange under the Building & Associated sector has released it’s 2020 annual report.For more information about E.A Portland Cement Company Limited reports, abridged reports, interim earnings results and earnings presentations visit the E.A Portland Cement Company Limited company page on AfricanFinancials.Indicative Share Trading Liquidity The total indicative share trading liquidity for E.A Portland Cement Company Limited (PORT.ke) in the past 12 months, as of 5th June 2021, is US$16.67K (KES1.82M). An average of US$1.39K (KES151.3K) per month.EA Portland Cement Company Limited Annual Report DocumentCompany ProfileEast African Portland Cement Company Limited manufactures and sells cement for the building and construction sectors in East Africa. The company produces a range of cement products including Portland cement and Portland pozzolanic cement for cementing, mortar and concreate building applications. It also supplies custom-made cement products for the construction trade. East African Portland Cement Company Limited sells its products under the Blue Triangle Cement brand. Other brands in its product portfolio include Falcon Cabro, Olympia Cabro, Tri-Hex Cabro, Cosmic Cabro and Brick (Quad) Cabro. East African Portland Cement Company Uganda Limited is a subsidiary of the company. East African Portland Cement Company Limited is listed on the Nairobi Securities Exchangelast_img read more

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Here’s the ‘secret’ that can help you make a million in the stock market

first_img Our 6 ‘Best Buys Now’ Shares Kevin Godbold | Monday, 25th May, 2020 Kevin Godbold has no position in any share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Here’s the ‘secret’ that can help you make a million in the stock market Image source: Getty Images. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Addresscenter_img Trading your way to a million in the stock market takes hard work. But the more effort you put into evolving your investment style, the faster you’ll start to see decent results.I reckon we need to study, practise, evaluate, adjust and repeat to get that million. And doing that can form a continuous spiral that leads to ever-better execution of our activities in the stock market. Keep going, and you’ll have more chance of latching onto some winning stocks that can propel you towards that ‘magic’ seven-figure sum.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…And when it comes to studying, there’s nobody better to study than investors who’ve not only made a million, but much, much more.Developing your own investing styleMy investing style began evolving when I picked up a copy of Mary Buffett’s book Buffettology during the late 1990s. At the time, I was running my own company and the book inspired me to make changes to the underlying business. Indeed, Warren Buffett’s investing principles helped me make the business more profitable and led to its sale. And that’s how I achieved the capital for investing in the stock market.The book taught me about the difference between what Buffett calls Commodity-Type businesses, and Excellent or Consumer Monopoly businesses.  The former tend to have zero pricing power, and the latter tend to enjoy profitable market niches and strong brands. So, armed with that information, I achieved mixed investing results in the stock market. But soon discovered Benjamin Graham’s classic tome The Intelligent Investor. And the book gave me a decent foundation for how to recognise a share price that was mispricing the underlying business. I’d recommend every serious-minded investor wade through its pages. Within the covers, there’s a good grounding in basic value investing.Essential Warren BuffettBut delving more into Buffett’s methods led to me to his shareholder letters. They reveal he invests differently to Graham. And as far back as the 1960s, he was moving away from simply buying cheap shares. He now puts far more emphasis on the quality of the underlying business. Meanwhile, further insights came when I read Peter Lynch’s books, One Up on Wall Street and Beating the Street. And Jim Slater’s book The Zulu Principle.By then, I had a good grounding in investment strategy and began to overlay techniques from the world of stock trading. Richard Farleigh reckons trading and investing are becoming more closely linked over time. And the insights I discovered in his book Taming the Lion have been useful.In recent years, I’ve learnt much from Mark Minervini who has written books such as Trade Like a Stock Market Wizard and others. And just as with every new investing book I’ve studied, my returns from the stock market have increased because of the insights I’ve gained.Depending on your starting point, aiming for a million from shares can be an ambitious target. But I believe most people can adopt a lifelong learning approach to investment strategy and combine it with experience in the markets to achieve the goal. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Kevin Godboldlast_img read more

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Forget the State Pension. I’d drip-feed £175.20 a month into a SIPP to retire rich!

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Forget the State Pension. I’d drip-feed £175.20 a month into a SIPP to retire rich! Paul Summers | Monday, 26th October, 2020 See all posts by Paul Summers Enter Your Email Address Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Paul Summers has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Our 6 ‘Best Buys Now’ Shares Image source: Getty Images Simply click below to discover how you can take advantage of this. The high-calibre small-cap stock flying under the City’s radar At just £175.20 a week, I know the new State Pension is unlikely to give many the lifestyle they crave in their golden years. But don’t despair! Today, I’ll show how investing this exact amount every month into a Self-Invested Personal Pension (SIPP) can be the pathway to wealth, even millionaire status! Let’s start by revising a few facts about the SIPP. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…SIPP it to retire rich!Anyone serious about growing their wealth for retirement should consider opening a SIPP. Like the Stocks and Shares ISA, this is a tax-efficient savings vehicle. It won’t involve paying capital gains tax on any profits made from the investments. There isn’t even any income tax payable on any dividends received from the stocks owned. Over time, this really matters.There are a few other reasons for investing via a SIPP. Perhaps the most enticing of these is that any contributions made into the account qualifies for tax relief at a normal tax band. So, investors like me paying the basic rate (20%) will receive a 25% top-up from the government. In other words, £80 saved into an account becomes £100 after tax relief. Another positive is that I can save up to £40,000 in any one tax year. That’s double the ISA allowance!£175.20 a month = retirement freedomBack to the matter at hand. Let’s assume I’m saving the equivalent of the weekly State Pension (£175.20) into a SIPP every month. Thanks to the tax relief mentioned above, I would receive an extra £43.80 from the government, bringing the total monthly contributions to £219. Lovely!Now, let’s assume I’m 40 years-old and I make these monthly instalments for the next 30 years. After all, there’s a possibility only those 70 and over might be able to access the State Pension by 2050. In 30 years, I will have saved a total of £78,840 according to my calculations. Let’s say this is invested this in the stock market and a penny wasn’t touched. I think I will be amazed by the results.Wow! How much?By 2050, that £78,840 will have grown to almost £175,000, assuming a 5% annualised return. As great as this sounds, the outcome could be even better if the chosen investments have performed well. A 10% annualised return would produce a little over £432,000 after 30 years. A 15% annualised return would make me a millionaire!Of course, there are a few caveats. Keep costs lowFirstly, I must stress that there are no guarantees when it comes to returns. In reality, how much a person makes depends hugely on the age at which they begin investing and what they’re invested in. Small- and mid-cap companies tend to perform much better than big stocks over the long term, but they’re also far more volatile in the interim. Secondly, I’ve not taken account of any fees related to managing the SIPP, some of which will be unavoidable. Having said this, investors can keep costs low by not continually trading in and out of stocks. I’d just buy and hold.In spite of these points, the numbers don’t lie. Look at how much money I could make by regularly saving into a tax-efficient account and trusting in the power of compounding!I’d start investing the equivalent of the State Pension now and will be far less likely to be reliant on said State Pension in retirement. Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge!last_img read more

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Market crash 2.0: why a market sell-off can help an investor get rich and retire early

first_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images. Peter Stephens | Sunday, 29th November, 2020 I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! See all posts by Peter Stephens Our 6 ‘Best Buys Now’ Shares Market crash 2.0: why a market sell-off can help an investor get rich and retire early Simply click below to discover how you can take advantage of this. Some investors may be avoiding equity markets due to the threat of a second stock market crash. Economic risks are currently relatively high. This could lead to tough trading conditions for many businesses that causes investor sentiment to deteriorate.Clearly, a market downturn is likely to be painful for all investors in the short run. However, it can also provide buying opportunities for long-term investors. The stock market has a long track record of recovering from even its very worst declines. This could help an investor to generate impressive returns. It may even improve their prospects of retiring early.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The prospect of a second market crashDetermining whether a second market crash will occur is an extremely challenging task. However, risks such as Brexit, the coronavirus pandemic and an unstable economic outlook may mean there’s an elevated chance of challenging conditions for investors. They could contribute to declining profitability and deteriorating investor sentiment in the coming months. This could prompt a return to large stock price falls as investors factor in lower profit guidance over the medium term.Clearly, there’s no guarantee that a further market decline will occur. Current stock prices may already factor in the aforementioned threats to global economic growth. However, the wide range of risks and their potential impact on global GDP growth may mean investor sentiment is highly changeable at the present time.Buying cheap shares in a downturnAs mentioned, a market crash would be a painful experience for most investors. They’d suffer losses on their current holdings. This may dissuade them from entertaining the idea of buying more stocks in order to avoid further losses.However, a market decline can provide excellent buying opportunities for long-term investors. During a downturn, high-quality companies likely to return to strong profit growth in the long run can trade at exceptionally low prices. Weak investor sentiment towards the equity market can produce a wide range of bargain stocks that go on to deliver impressive capital returns.There’s no guarantee any share will recover from a stock market crash. But a diverse portfolio of shares is relatively likely to produce impressive long-term returns. The track record of indexes such as the S&P 500 and FTSE 100 shows they’ve always experienced sustained bull markets following bear markets. Therefore, owning a broad range of high-quality businesses is likely to allow an investor to take part in a long-term recovery.Retirement prospects from investing money in sharesBuying shares after a second market crash may appear to be a risky move. In the short run, it can mean additional paper losses due to the potential for the stock market to move lower.However, the stock market’s recovery potential may mean equities offer a relatively attractive means of building a retirement nest egg. As such, capitalising on low stock prices may prove to be a logical response to any further market downturn. Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997”last_img read more

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Bill Ackman’s Pershing Square: 4 things investors should know

first_img Nadia Yaqub has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Chipotle Mexican Grill and Starbucks and recommends the following options: short January 2021 $100 calls on Starbucks and short January 2021 $100 calls on Starbucks. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by Nadia Yaqub Enter Your Email Address Simply click below to discover how you can take advantage of this. Bill Ackman’s Pershing Square (LSE: PSH) has been confirmed as a new entry to the FTSE 100. After a stellar run, the investment trust will enter the blue-chip index later this month and I believe investors need to know the following four things.#1 – The portfolioPershing Square is Ackman’s hedge fund, which makes concentrated investments in North American companies. Ackman can ‘go long’ and bet the stock will rise, or ‘short’ where he believes the share price will fall.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…As of November, the hedge fund manager had 10 long positions in North American companies. The stocks included coffee house chain Starbucks and restaurant brand Chipotle. Like Warren Buffett, Ackman invests in simple, predictable businesses that have high barriers to entry. Buffett would describe these companies as having a moat around them.Ackman takes big positions in companies where he is typically the largest shareholder. This way he can be an activist investor and it able to influence the company at board level.#2 – Pershing Square Tontine HoldingsWithin Pershing Square’s 10-stock portfolio, Ackman holds a large stake in Pershing Square Tontine Holdings. It listed on the New York Stock Exchange in July 2020 and is Ackman’s Special Purpose Acquisition Company (SPAC).An SPAC is a company created with the sole purpose to merge or acquire other businesses. The SPAC raises money from investors and then uses these funds to purchase existing businesses.Pershing Square investors get access to Ackman’s expertise in mergers and acquisitions of companies through PSTH.#3 – PerformanceAckman is a man who makes big bets. Earlier this year, he was concerned over the economic impact of Covid-19 on the American economy.In February, Ackman backed his concerns with a $27m bet on financial instruments, whose value would rally when investors started to protect themselves against companies defaulting. This bet worked in Ackman’s favour and he made a profit of $2.6bn in the market crisis, which he reinvested in undervalued companies. Pershing Square’s strong performance this year has been driven by this trade.Recently, Ackman has repeated his bearish call. Although not as big as his earlier bet, the hedge fund manager believes US companies will struggle and has taken insurance against corporate defaults to hedge the risk of his stock portfolio falling in value.#4 – Discount to NAVPershing Square shares are trading at a discount of 24% to its Net Asset Value (NAV). The investment trust’s entry into the FTSE 100 should somewhat reduce this discount.All the passive funds that track the index will need to buy the shares in substantial quantities. This bulk buying means that Pershing Square’s share price is expected to rise in the short term.Would I buy?I expect Pershing Square shares to rise in the short term but I won’t be buying. Ackman’s large bets make me uncomfortable and he has a very concentrated portfolio.It’s great when the investments work in his favour but his large calls can also go sour. I can’t help but question whether he will be able to replicate the success of his earlier bet and am uneasy about paying a significant performance fee.   Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Nadia Yaqub | Monday, 7th December, 2020 | More on: PSH I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.center_img “This Stock Could Be Like Buying Amazon in 1997” Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images Bill Ackman’s Pershing Square: 4 things investors should know Our 6 ‘Best Buys Now’ Shareslast_img read more

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3 reasons why I think the Tesco Share price could head higher in 2021

first_img3 reasons why I think the Tesco Share price could head higher in 2021 Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. jonathansmith1 has no position in any of the shares mentioned. The Motley Fool UK has recommended Morrisons and Tesco. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images center_img Our 6 ‘Best Buys Now’ Shares Jonathan Smith | Tuesday, 2nd March, 2021 | More on: TSCO Supermarkets enjoyed a strong 2020. A slick distribution and delivery set-up enabled the sector to service customers despite the lockdowns we had for much of the year. The stores were also allowed to stay open due to them selling essentials. Out of all the supermarkets, Tesco (LSE:TSCO) is the one that most impressed me. The Tesco share price hasn’t reflected this though the share price is down 23% over the past 12 months. So why do I think it could move higher this year?A falling Tesco share price, but not what it seemsThe move lower in the Tesco share price doesn’t actually tell the whole story. The shares were trading well for much of the past year, but dropped heavily in the middle of February following a special dividend payout. The payment equated to 50.93p per share, chunky considering the share price traded at that time around 280p. This payment was Tesco giving back to the shareholders some of the proceeds of divested operations abroad.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Obviously, if the company is paying out 50.93p per share, this value is leaving the business. In a similar way to a dividend payment, the Tesco share price dropped as the adjustment to the value of the business was priced-in. Tesco consolidated its shares to limit the fall, but it still was impacted. What I’m getting at here is that the lower share price isn’t due to a struggling business.The payment is actually one reason why I think the share price could move higher this year. It’s clear that Tesco is conscious of its shareholders’ priorities and delivering returns (either via dividends or price appreciation) to them. Other reasons why I’m keenThere are other reasons why I think the Tesco share price could move higher this year. The company is still finding room to grow. As of February, it grew it’s share of the market by 0.2%, reaching 27.4%. By comparison, if you add the market shares of both J Sainsbury and WM Morrison together, you still don’t get to Tesco’s chunk of the market. The size of Tesco can be taken as either a risk or a bonus depending how you look at it.It could be seen as a risk as there’s more scope to lose business to competitors. And names like Aldi and Lidl have been chipping away at overall Big Four market share for some years.The industry is also known for being ruthless on price, with price-matching or undercutting commonplace. This erodes margins and can dent profitability. But the firm can’t opt out of that race and this leaves the Tesco share price vulnerable.Yet Tesco released its Q3 and Christmas trading results recently and called out “a market-leading performance”. UK Christmas period sales were up 8.4%. The results make for good reading, again making me think that performance could continue into this year with the momentum it has behind it. One risk to this point is the performance of Tesco Bank. Sales for Q3 and Christmas were down 27%. This arm could be a real drag on Tesco if the performance doesn’t improve.Overall though, I think the Tesco share price could outperform supermarket peers as the year continues. Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Jonathan Smithlast_img read more

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The Ocado share price is down 30% in 6 months. 3 reasons I’d buy it now

first_img See all posts by Manika Premsingh I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Image source: Getty Images I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. The Ocado share price is down 30% in 6 months. 3 reasons I’d buy it now Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Sharescenter_img Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Manika Premsingh | Saturday, 20th March, 2021 | More on: OCDO The FTSE 100 e-grocer Ocado (LSE: OCDO) had a fantastic run in 2020. It saw strong sales growth and the Ocado share price had rallied 164% by September last year from the stock market crash. In the approximately six months since, however, its share price has fluctuated. It is now down by 30%, as the vaccine discoveries’ led bull run late last year made Covid-19 struck stocks more popular.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…But there are three reasons that I think the Ocado share price will still turn out to be a winner over time:#1. A long-term investment The convenience of online shopping, whether for groceries, personal, or household goods, is unmatched. If we were unconvinced earlier, I reckon the one year of lockdowns has shown us otherwise. In other words, the pace of e-commerce adoption just accelerated.The company’s 40% sales growth for the thirteen weeks to 28 February 2021 certainly seems to suggest so. #2. Sustained sales growthAnd I do not think that this performance is a one-off either. The company’s revenues were growing even pre-pandemic, though in 2020 the growth accelerated as online deliveries became more popular.Even after the pandemic, Ocado expects growth to continue, even if it is at a slower pace than last year. Importantly, the pandemic has been instrumental in gaining a customer base that would otherwise have taken longer to convince. It expects these customers to stay converts to grocery deliveries.It is loss-making, to be sure, but I am not worried as long as it is growing fast. In 2019 it had a share of around 15% in the UK’s online groceries, which is half that of market-leader Tesco’s share, suggesting that has the potential to make gains. Further, it is targeting international markets as well.#3. Ocado share price is just rightAs a loss-making stock, my preferred yardstick to compare shares, the price-to-earnings (P/E) ratio is not applicable here. Instead, I considered the price-to-sales (P/S) ratio, which is at 6.4 times. This is actually lower than that for Flutter Entertainment at 6.7 times, another FTSE 100 stock that made big gains during 2020. It is, however, higher than the 4.9 times for AstraZeneca, which touched all-time highs last year. In other words, the Ocado share price is neither the most expensive nor the cheapest among comparable stocks. In fact, considering that it has fallen a fair bit in recent months, I am even more convinced it is a buy. What to watch out forMy one doubt about the future of the Ocado share price is with regards to its relatively recent partnership with Marks and Spencer (M&S). M&S has seen stagnant to declining business in recent times. Unless Ocado plans to expand to more grocers or  grow its technology platform, I think this can slow it down going forward. What I would do about Ocado nowAs it happens, Ocado does indeed plan to expand its technology solutions segment. Moreover, just like it switched over from being a delivery provider for Waitrose to M&S, perhaps it could switch again if the partnership is unviable. So far though, things look good for it. It is still a buy for me. “This Stock Could Be Like Buying Amazon in 1997” Manika Premsingh owns shares of AstraZeneca and Ocado Group. The Motley Fool UK owns shares of Flutter Entertainment. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.last_img read more

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Exeter’s Tom Johnson confident for a win against Bath

first_imgThe Exeter forward against GloucesterDisappointed Exeter Chiefs head coach Rob Baxter blamed his side for making a series of “dumb” errors as they Exeter forward Tom Johnson is confident the Chiefs will rediscover their ‘bite’ when they run out for this Saturday’s Westcountry derby with Bath in the Aviva Premiership.Back to back defeats against London Irish (39-17) and Leeds Carnegie (27-22) have seen Rob Baxter’s side falter in recent weeks, but Johnson is confident the league’s newest additions can put things right when they make the short trek to the Recreation Ground.In what will be the Devon club’s third away day on the trot, the Chiefs will not only look to halt their recent run of setbacks, but at the same time look to gain their revenge against a Bath side who edged home 12-9 in the corresponding fixture at Sandy Park in late February.Johnson admits the recent losses at Irish and Leeds have been “hugely disappointing” – particularly after the club had enjoyed an impressive sequence of results prior to the recent two-week break in action – but knows a win at Bath this weekend could once more re-ignite the club’s season as they enter into the final straight.“The boys are disappointed, it’s the second game on the bounce we haven’t played for 80 minutes,” he said. “We said at the start of the season we would always play for 80 and we’re not doing that at the moment.“We’ve got to hold our hands up, it’s individual mistakes, but the boys will address that when we meet back up and then we’ll crack on and get ready for Bath. We don’t feel too far away from where we want to be, we’re not quite where we were a couple of months ago – we need to get that bite back in us – and we’ll address that this week.”Certainly Exeter’s head coach Rob Baxter has promised to dissect the past fortnight – both individually and collectively – and look to get his team back on track. Indeed, in the aftermath of Sunday’s loss at Headingley, Baxter admitted “dumb errors” had cost his team the opportunity of recording a league double over the league’s basement club.“We were gutted after the game, we went up there to do a job and Leeds turned it around,” added Johnson, who is Exeter’s leading try-scorer this season with six touchdowns. “Fair play to them, they stood up and did a job on us. “We’re defending well and that’s the best part of our game. We need to look hard at our attack. We should be more of a threat than we are. It’s not rocket science. If you hang on to the ball you’ll score the points, whether it’s penalties or tries.“If you don’t hang on to the ball you’re just giving your opponents easy opportunities to have it back and be the threat. We have to keep working at becoming tough when we keep it, because we’re tough when we don’t have it.” “We got back in the game and we did the same the previous week, we got back within a point at Irish, but the last 20 minutes are hurting us at the moment. It’s not fitness, we’re just doing a few silly things away from the game plan and it’s costing us.”Having tasted defeat once already to Bath, Johnson believes the Chiefs can rediscover their winning formula against one of the household names within the English game.“It’s a local derby. It was a tight encounter at Sandy Park and we’ve got to go up there and try to put our game on Bath.”Like the Chiefs, Bath will head into this latest match-up on the back of another defeat themselves after they crashed 20-9 to Saracens at Vicarage Road on Sunday.However, Director of Rugby Sir Ian McGeechan is adamant his side are still within striking distance of the Premiership play-offs, despite slumping to a third defeat in a row at Saracens.“We’ve five games to go and there’s a lot of points on offer,” said McGeechan, whose side are 13 points adrift of fourth spot. “There’ll be points lost elsewhere so I’m still looking at that fourth spot and making sure we’re thereabouts. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS GLOUCESTER, ENGLAND – JANUARY 08: Tom Johnson of Exeter looks to pass as Andy Hazell closes in during the Aviva Premiership game between Gloucester and Exeter Chiefs at Kingsholm Stadium on January 8, 2011 in Gloucester, England. (Photo by Michael Steele/Getty Images) last_img read more

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Bryn Evans to captain Exiles against Saracens

first_imgLondon Irish Director of Rugby, Brian Smith said: “It is great to be back to Aviva Premiership action. We’ve got a fantastic squad on board for the 2012/13 season and we are looking forward to the season ahead. This squad is very ambitious and we aim to emulate the deeds of our courageous sevens team that won the JP Morgan sevens title over the summer.”London Irish v SaracensSaturday 1st September, at TwickenhamKick-off: 16:30 Starting XV15. Tom Homer; 14. Topsy Ojo13. Jonathan Joseph; 12. Sailosi Tagicakibau; 11. Marland Yarde 10. Steve Shingler; 9. Tomás O’Leary; 1. Max Lahiff; 2. Scott Lawson; 3. Leo Halavatau; 4. George Skivington; 5. Bryn Evans (C); 6. Jamie Gibson; 7. Ofisa Treviranus; 8. Jon FisherReplacements:16. Brian Blaney; 17. Halani Aulika*; 18. Cai Griffiths; 19. Kieran Low; 20. Declan Danaher; 21. Alex Gray; 22. Shane Geraghty; 23. Jack Moates Captains duties fall to Kiwi born lock Evans (above)New Zealand international, Bryn Evans, will captain London Irish tomorrow afternoon against Saracens in the Aviva Premiership’s London Double Header clash at Twickenham.Evans will form a second row partnership with George Skivington who joined from Leicester Tigers over the summer.Scotland international, Scott Lawson, will start at hooker alongside Max Lahiff and Leo Halavatau with Jon Fisher, Jamie Gibson and Ofisa Treviranus making up the back row.Ireland international, Tomás O’Leary, will partner Steven Shingler at half back with Sailosi Tagicakibau moving from the wing to inside centre in place of injured Joe Ansbro.Jonathan Joseph will partner the Samoan in the centre with Marland Yarde, Topsy Ojo and last season’s Aviva Premiership top point scorer, Tom Homer, making up the back three. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS NEWCASTLE UPON TYNE, ENGLAND – FEBRUARY 18: Irish lock Bryn Evans looks on during the Aviva Premiership match between Newcastle Falcons and London Irish at Kingston Park on February 18, 2012 in Newcastle upon Tyne, England. (Photo by Stu Forster/Getty Images)last_img read more

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