OPAP


03/07/19 -"We have reduced our estimates following the lower than expected reported numbers and a regulatory delay in the Stoiximan acquisition. We now factor in only four months of the Stoiximan impact vs six ..."

Pages
52
Language
English
Published on
03/07/19
You may also be interested by these reports :
12/11/19
FDJ is a great firm. The French state is charging too high a price for the privilege of accessing a monopoly. The placing syndicate would do well to ...

12/11/19
We are initiating La Française des Jeux at a ‘sell’ rating. Although FDJ has highly cash generative assets, it is yet to prove it’s mettle in highly ...

07/11/19
After delivering FY results above the market consensus and previous guidance, Sodexo announced a raised growth target for next year.

05/11/19
We take a more optimistic view on the SOTP valuation following the recent M&A pick-up in the UK pub sector – an all cash offer to close competitor ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO