I have long been looking for a new position in the company, freshpoint whose profit and the dividen

I have long been looking for a new position in the company, freshpoint whose profit and the dividend has grown steadily, and profitability of the business was not good. A model example of the company is Wal-Mart, but at the moment I share your taste is too expensive, so I could increase its stake in the company. Inspired by Walmart, however, I began to follow freshpoint the other companies in the same industry, that the UK's largest retail chain Tesco. Tesco's historical development has been very impressive, but the business end of the year against the dark clouds started to gather in the sky. Among other things, market share, as well as narrowing of the failed Christmas sales have been examples of business challenges, which is why the company was forced to issue its first profit warning in 20 years. Recently, Tesco's share price has been falling, and it is against the january was more than the price of 400 pence per share for the current price of 325p.
Since I have a very interesting alternative to Tesco Portfolio Quality of shares among the companies I want to explore in more detail freshpoint and to find out what the positive and negative things associated with the company's current situation before I press the buy button. Below are my thoughts on a French lines shown in my opinion on key issues.
The positive development of EPS -> Since 2001, EPS increased by an average of 12% a year -> No tulospudotuksia Dividend Development -> increasing freshpoint dividend for 27 consecutive years -> Ka dividend growth rate of 10 for the previous year by 11.3% -> Suitable for your own investment plan for a great, relatively low payout ratio 44% -> The dividend increase or at least maintain likely -> In addition, growth will be necessary to invest in the profitability of Solid-> ROE was flat (about 17%) for the past 11 years, EBIT,% of varied narrow range 5.6 - 6.3 -> Good predictability of Profitable Growth -> A large part of the free cash flow of targeted growth freshpoint -> while ROE has remained high -> Owner, increasing the value of sales development -> Sales increased freshpoint by an average of 11.5% per annum in 2001, emerging market growth -> Growth opportunities in Asia and also in Europe, according to management, sales will also grow UK: for when the market continues to focus on domestic market leader -> The whole creates a competitive advantage, a well known brand UKssa strong internet marketing development -> The future growth driver? Cheap valuation level -> P / E = 9.8, P / B = 1.6, ave 10y ROE / PB = 10.4%, Graham P / E = 15, D = 4.5% yield is not a valuation, to be loaded with tough expectations for the future, so moderately result of development freshpoint should be to guarantee a successful investment of remedial measures have been initiated to correct the course -> mm. new employees hired for customer satisfaction in order to increase
Negative to problems in the domestic market -> loss of market share -> Asda Walmart eaten the market freshpoint shares of local markets represent a large part of the company's earnings freshpoint -> Dependent on the position of the British consumer Profit warning may be a sign of wider problems -> Will there be a single? Is the problem only for a short? The expansion of USAaan and earnings losses -> competitive sector, why go to Costco and Walmart pinched? CEO change -> new director start to the season freshpoint has not started hoped not fully Walmart or Costco's level -> Buy'd rather these two if their value should be lower than the ascending Number of shares-> I do not like that osakeomistustani dilutoidaan incentive compensation
A recent company-related negative news flow, combined with the profit warning issued have resulted in the fact that the current share price does not include the high expectations I think Tesco's from the future. When the market is prepared to abandon high-quality and consistent profitable company, the problems may be likely to be only temporary, will open for long-term investors a great opportunity to buy a quality that supports the safety margin. However, Tescoon placement is not quite clear, because the positive addition to the issues can be found in the list of negative aspects. I see, however, that the number of cases of positive as well as their weight is significantly larger compared to the negative aspects, so I will set a buy order in a moderate-sized Tesco shares at the beginning of next week (slightly less than the current rate). In addition, I am ready to increase its holding if Tesco's share price continues to syöksyään further towards new lows.
Surely, this was no longer possible, the potential acquisition of reflection, but the decision to purchase is probably done already? freshpoint :) Holdausosakkeena I would guess to be a sure choice, freshpoint but how do I bring to the scenario? Do you hit the market bets with that one that "problems freshpoint may be likely to be only a temporary"? I myself freshpoint have makustellut freshpoint these retail companies, and now the blog When I started buying old desire again surfaced, but ... However, I am not convincing