Longhorn Publishers Plc (LKL.ke) 2020 Abridged Report

first_imgLonghorn Publishers Plc (LKL.ke) listed on the Nairobi Securities Exchange under the Retail sector has released it’s 2020 abridged results.For more information about Longhorn Publishers Plc (LKL.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Longhorn Publishers Plc (LKL.ke) company page on AfricanFinancials.Document: Longhorn Publishers Plc (LKL.ke)  2020 abridged results.Company ProfileLonghorn Publishers Plc publishes and sells educational and general books and distributes them through retail and ecommerce channels to customers in Kenya, Uganda, Tanzania, Malawi and Rwanda. Formerly known as Longhorn Kenya Limited, the company changed its name to Longhorn Publishers Limited in 2014. The company publishes reading material for all levels of education under five main brands; eLearning material, educational text books, fiction and nonfiction books and material for tertiary colleges and universities. Longhorn Publishers acquired the intellectual property of Sasa Sema Publications Limited and provides reference books, creative works, biographies and general knowledge books in either print or non-print (electronic) format. Longhorn Publishers is the only publisher with full approval by the Ministry of Education in Kenya and mandated to supply text books for 12 key subjects for secondary and primary schools. Longhorn eBooks store is a digital platform created by the publishing house and the largest eBook library in the Africa sub-region. The company head office is in Nairobi, Kenya. Longhorn Publishers Plc is listed on the Nairobi Securities Exchangelast_img read more

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GetBucks Financial Services Limited (GBFS.zw) 2019 Annual Report

first_imgGetBucks Financial Services Limited (GBFS.zw) listed on the Zimbabwe Stock Exchange under the Banking sector has released it’s 2019 annual report.For more information about GetBucks Financial Services Limited reports, abridged reports, interim earnings results and earnings presentations visit the GetBucks Financial Services Limited company page on AfricanFinancials.Indicative Share Trading Liquidity The total indicative share trading liquidity for GetBucks Financial Services Limited (GBFS.zw) in the past 12 months, as of 1st June 2021, is US$2.38K (ZWL200.87K). An average of US$199 (ZWL16.74K) per month.GetBucks Financial Services Limited Annual Report DocumentCompany ProfileGetBucks Zimbabwe provides unsecured loan products and educational loans to low income earners employed in the formal sector. Their product offering includes salary advances and term loans, aswell as an operation that accepts savings deposits. GetBucks Zimbabwe has a nationwide footprint with 14 branches in major towns and cities of Zimbabwe. The company is majority-owned (50.3%) by GetBucks Limited, a holding company domiciled in Mauritius and wholly-owned by MyBucks SA. The remaining shares are held by Brainworks Capital Management (Private) Limited, DBF Capital Partners Limited and local pension funds with a combined sharing holding of 10%. GetBucks Zimbabwe is registered and supervised by the Reserve Bank of Zimbabwe under its Microfinance Act. GetBucks Zimbabwe is listed on the Zimbabwe Stock Exchangelast_img read more

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This is what £10k invested in Mike Ashley’s Frasers Group is worth after a year. Can it keep flying?

first_img Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. What’s in a name? If you’re in the business of building brands, an awful lot. Sports retailer Sports Direct International’s name reflected a strong brand for its flagship chain, everybody knows its blue and red shop signs. They’re not classy, but they are clear.Spend, spend, spendEverybody knows director Mike Ashley too, perhaps the best-known FTSE 250 boss. His personal brand isn’t so strong, especially if you live in the Newcastle area. That didn’t worry investors while the Sports Direct share price was racing away, but it fell from grace as many questioned his strategy of mopping up distressed retailers, seemingly at random.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…His spending spree has included Bob’s Stores and Eastern Mountain Sports in the US, alongside UK purchases Evans Cycles, Sofa.com, Game Digital, fashion firm Jack Wills, and his best-known acquisition, House of Fraser, which completed in August 2018 at a cost of £90m.Ashley missed out on Debenhams and online retail and education group Findel (now known as Studio Retail), while other targets have included Patisserie Valerie, LK Bennett and Hamleys.Second thoughtsInvestors cannot quite decide whether he is the ‘saviour of the high street’ seizing a “generational opportunity”, as he has called it, or is deluded by dreams of omnipotence. While others flee the high street meltdown for online safe havens, Ashley has been heading into the conflagration.In this respect, he is following one part Warren Buffett’s famous mantra, by being “greedy while others are fearful”, but greed isn’t always good. Online shopping, squeezed wallets and an uncertain economy make this a brave call.Even Ashley has had second thoughts, admitting at one point that he regretted his purchase of House of Fraser, which was losing almost £3m a week.What’s in a name?Despite that, Ashley has doubled down on his acquisition, by relabelling Sports Direct as Frasers Group (LSE: FRAS), in a bid to shift his retail empire way upmarket. So is there substance behind it?Last year, analysts were sceptical, with 50% recommending investors sell, according to research from AJ Bell. Only Pearson and Marks & Spencer were more reviled. But while Pearson fell 5% and M&S 31%, they got it wrong with Frasers Group, as the share price soared a stonking 92.5% across 2019, turning a £10,000 investment into £19,250. Unsurprisingly, this has prompted many to take a second look.Posh boyIn a further shift upmarket, Frasers Group recently bought a 12.5% stake in the luxury British handbag maker Mulberry, as part of its “key strategic priority” to reposition the group towards “premium third-party brands”. Other Frasers Group brands include Donnay, Flannels, Karrimor, Kangol, Lillywhites, Lonsdale, Slazenger and a 26% stake in French Connection.With its recent Belgian tax issues apparently cleared up, the £2.4bn group’s outlook seems brighter. My worry is that Ashley is building his empire on unstable ground, as the high street remains under massive pressure and I cannot see where the recovery will come from. Going upmarket may help, but is it too little, too late?Don’t buy expecting a repeat of the recent share price surge, I’d rather watch and wait. Whatever happens next, it won’t be boring. Mike Ashley never is. “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. See all posts by Harvey Jones Harvey Jones | Tuesday, 11th February, 2020 | More on: FRAS center_img Harvey Jones 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. Enter Your Email Address Image source: Getty Images 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. 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 is what £10k invested in Mike Ashley’s Frasers Group is worth after a year. Can it keep flying?last_img read more

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Forget the BP dividend cut! Why I think these top FTSE 100 companies still offer amazing yields

first_img Image source: Getty Images Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Forget the BP dividend cut! Why I think these top FTSE 100 companies still offer amazing yields See all posts by Harvey Jones 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. Dividend-hungry investors who are in despair after today’s BP dividend cut should take heart because plenty of FTSE 100 companies still offer fantastic yields. You can get income of up to 11% without taking unnecessary risks with your money.The news will come as a huge relief after energy giant BP became the latest UK blue chip to take an axe to its shareholder payouts. Plenty of top FTSE 100 companies are standing by their dividends, even as BP cuts.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…There is no question that UK dividends are now thinner on the ground, thanks to the Covid-19-related downturn. An incredible 176 UK companies have cancelled dividends and another 30 reduced theirs in the three months to 30 June, according to the latest Dividend Monitor from Link Group. FTSE income squeezeHeadline dividends could halve this year, in the group’s worst-case scenario, costing investors an incredible £53.8bn. Companies have been forced into taking drastic action, to protect their balance sheets during the sharpest recession in history.All of the big banks have been forced to drop their dividends. That means Barclays, Lloyds Banking Group, HSBC Holdings, NatWest Group, and Standard Chartered pay no dividends at all right now. Royal Dutch Shell has axed its prized payout for the first time since the war, while insurer Aviva, broadcaster ITV, Costa Coffee owner Whitbread and telecoms provider BT Group have scrapped theirs.Link’s research shows that 60 UK companies did increase their payouts in the second quarter. That is pretty impressive, given the economic challenges that lie ahead. There are still plenty of income opportunities out there, despite the BP dividend cut.Right now, Standard Life Aberdeen and Legal & General Group both yield more than 8% a year. Phoenix Group Holdings yields 6.96% and Vodafone Group gives you 6.68%.Big tobacco is also a great source of dividends, with British American Tobacco yielding 8% and Imperial Brands Group an incredible 11%. Healthcare companies GlaxoSmithKline and AstraZeneca have been two great stocks to hold during the global pandemic, and currently yield 5.09% and 2.55% respectively.Look beyond the BP dividend cutExperienced investors will know the value of holding defensive utility stocks at times like these. National Grid, a sector favourite of mine, yields 5.31%. United Utilities Group is close behind, yielding 4.68%. SSE yields a whopping 6.09%.There are plenty more top dividend payers there. They include mining giant Rio Tinto, which yields 6.33%, Tesco‘s 4.14%, and Diageo‘s 2.51%.Despite the BP dividend cut, it remains a top income stock. Even now you will get a very welcome 5.4% a year. No wonder its share price actually jumped on the news.The bulk of the FTSE 100 dividend cuts should be over for now. Companies that are standing by their dividend can probably afford to do so. In today’s troubled market, it pays to choose your income stocks carefully, rather than buying the whole index.As you can see, the BP dividend cut is not the end of the world. The income is still out there.center_img Our 6 ‘Best Buys Now’ Shares 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. Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has recommended Barclays, Diageo, GlaxoSmithKline, HSBC Holdings, Imperial Brands, ITV, Lloyds Banking Group, Standard Chartered, 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. Simply click below to discover how you can take advantage of this. Harvey Jones | Tuesday, 4th August, 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.last_img read more

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Can Lloyds, HSBC, and Barclays shares ever recover?

first_imgSimply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “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. Can Lloyds, HSBC, and Barclays shares ever recover? Edward Sheldon, CFA | Monday, 5th October, 2020 | More on: BARC HSBA LLOY center_img UK bank stocks have taken a beating this year. Lloyds (LSE: LLOY) shares, for example, have fallen below 30p, after starting 2020 above 60p. Similarly, HSBC (LSE: HSBA) shares have fallen to near 300p, after starting the year around 600p. Meanwhile, Barclays (LSE: BARC) shares are currently under 100p, after starting 2020 near 185p.Can these UK banks stocks recover? I think it’s certainly possible. After all, banks stocks have crashed before and rebounded. That said, a recovery is likely to take time. And there are a few things that need to happen.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…Why have Lloyds, HSBC, and Barclays shares crashed?The main reason bank shares have crashed this year is that economic conditions are woeful. As a result of Covid-19, businesses are struggling and this is resulting in an increase in loan defaults. This is bad news for the banks. Their profitability is taking a hit.HSBC, for example, recently advised that it has seen a “material increase” in expected credit losses and other credit impairment charges (ECL). Lloyds, meanwhile, registered £3.8bn in impairment charges in the first half of the year.If economic conditions begin to recover, banks will benefit. Subsequently, their share prices could rise.Another key reason bank shares have crashed this year is that interest rates have plummeted. Low interest rates are not good for banks. This is because they earn a lot of their income from the spread between the interest rates they charge to lend money and the interest rates they offer to borrow money. The lower interest rates are, the less opportunity there is for banks to profit.I expect that we will be stuck with low interest rates for a while. However, eventually, rates may begin to rise. This could push bank stocks higher.Can UK bank shares recover? Looking beyond these issues, there are a few other things that need to happen for UK bank stocks to fully recover.Firstly, the banks need to stay out of trouble. Recently, HSBC has been in the news in relation to money laundering allegations. Leaked documents showed that the bank had moved vast sums of money around the world for criminals. This hit the share price. Meanwhile, Lloyds was plagued by PPI charges for years. Banks need to clean up their act and avoid being fined by the regulators.Secondly, we need to see dividends reintroduced. Earlier this year, the Bank of England banned UK banks from paying dividends due to Covid-19. The reintroduction of dividends could see interest in bank shares increase, pushing their share prices up.Finally, banks need to ensure that they innovate. Right now, the financial services industry is evolving at a rapid rate. Digital banks such as Monzo, Revolut and Starling, and FinTechs such as PayPal, TransferWise, and Monese are changing the game for consumers. Lloyds, HSBC, and Barclays need to join in to protect their market share.UK bank stocks: slow recoveryIn summary, a recovery for UK bank stocks is possible. However, a recovery is not going to happen overnight.As such, if you’re looking for investment opportunities right now, you may be better off ignoring Lloyds, HSBC, and Barclays and focusing your attention on businesses with stronger growth prospects. Edward Sheldon owns shares in Lloyds Bank and PayPal. The Motley Fool UK owns shares of and has recommended PayPal Holdings. The Motley Fool UK has recommended Barclays, HSBC Holdings, and Lloyds Banking Group and recommends the following options: long January 2022 $75 calls on PayPal Holdings. 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. 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. 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 Edward Sheldon, CFAlast_img read more

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Forget retiring early with Bitcoin! I’d invest money in bargain shares today to get rich

first_img Image source: Getty Images Enter Your Email Address Forget retiring early with Bitcoin! I’d invest money in bargain shares today to get rich Peter Stephens | Sunday, 8th November, 2020 Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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” Our 6 ‘Best Buys Now’ Shares The threat of a second stock market crash may mean that some investors are avoiding the purchase of bargain shares. Risks such as political uncertainty across many of the world’s regions and the ongoing coronavirus pandemic may dissuade them from investing money in the stock market.However, low valuations may present buying opportunities for long-term investors. Therefore, focusing on equities rather than popular assets such as Bitcoin may have a more positive impact on an investor’s financial position over the long run.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…Buying bargain sharesInvesting money in bargain shares may never feel like the right move for any investor to make. After all, when a company’s share price trades below its intrinsic value there’s often an elevated level of risk that reduces demand among investors.Heightened risks can mean that the short-term prospects for cheap stocks are relatively unfavourable. This can translate into paper losses for investors over the short run.However, a strategy of buying undervalued stocks has previously proved to be a sound means of obtaining high returns over the long run. It allows any investor to take advantage of market mispricings. This is where high-quality companies sell at low prices on a temporary basis due to weak investor sentiment.Over time, the prospects of today’s bargain shares are likely to improve. This can be rewarded with higher share prices as investor sentiment strengthens.Investing money in high-quality stocks at low pricesToday could be the right time to start buying bargain shares. A number of companies with solid balance sheets, likely to survive a weak economic outlook, currently trade at low prices. Similarly, businesses with strategies that will allow them to adapt to changing consumer trends also seem to be undervalued by investors.This may be because they face a period of uncertain operating conditions. Or it may be down to weak investor sentiment towards the wider stock market.Either way, the long-term prospects for the world economy may be brighter than many investors are currently anticipating. Policymakers have said they’re willing to undertake further monetary stimulus in many of the world’s major economies.Alongside fiscal stimulus packages, this may mean that a relatively fast-paced economic recovery takes place that improves the operating outlooks for many businesses.Avoiding popular assets such as BitcoinTherefore, now could be the right time to avoid popular assets such as Bitcoin in favour of bargain shares. The virtual currency’s recent price rise may mean it lacks scope for capital growth relative to undervalued shares.Furthermore, its regulatory risks and lack of infrastructure may hold back its progress and make it less appealing in the eyes of some investors. This may be detrimental to its return outlook. And that could mean a portfolio of undervalued shares outperforms it in the coming years. Simply click below to discover how you can take advantage of this. 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. See all posts by Peter Stephens 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.last_img read more

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This share led the FTSE 100 on Tuesday. Here’s why I’d buy it for my 2021 ISA

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. Alan Oscroft | Tuesday, 8th December, 2020 | More on: AHT Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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. “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images Our 6 ‘Best Buys Now’ Shares See all posts by Alan Oscroftcenter_img Ashtead Group (LSE: AHT) posted first-half results Tuesday. In response, capping an excellent year so far, the Ashtead share price jumped 6% in early trading. By mid-afternoon the rise stood at 4%, with Ashtead leading the FTSE 100 index on the day.2020 is a year that most investors might prefer to forget. But Ashtead shareholders have had a terrific time. Despite the Covid-19 pandemic knocking most shares for six, Ashtead is up 40% year-to-date, way ahead of the Footsie’s 13% loss.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…Ashtead shares initially fell harder than the FTSE 100 in the early days of the pandemic. But they’ve since come storming back in one of the recovery stories of the year. Those who managed to buy right at the bottom have trebled their investment in as little as nine months. It’s all exciting stuff from an equipment rental firm, something we might normally expect to be dull as ditchwater.Enviable FTSE 100 resultAshtead put in a strong second quarter, resulting in underlying revenue falling just 4% over the six months to 31 October. EBITDA fell by a very modest 7%. Underlying EPS did drop 19%. But the 89p earned per share is still very healthy, and something most FTSE 100 companies can really only dream of in 2020.On the balance sheet front, things are looking very impressive. Ashtead reported record free cash flow of £822m. And its net debt to EBITDA ratio is coming down, to 1.7 times from 1.9 times a year previously. The interim dividend is maintained at 7.15p per share.What’s the secret of Ashtead’s success? Chief Executive Brendan Horgan put it down to “the successful execution of our long-term strategy, which we embarked upon after the last recession, to broaden and diversify our end markets and strengthen our balance sheet.”He added that “we now expect full year results ahead of our previous expectations.“Be preparedSuccessfully negotiating a market downturn is all in the preparation. Too many FTSE 100 companies borrow their way to growth during healthy times, piling up debt and leaving nothing in reserve. Then when a crunch hits, they’re in trouble. That’s why I’m increasingly looking first to a company’s debt situation whenever I plan an investment.It’s a bit like the stress tests our FTSE 100 banks have to undergo every year. I’m not too interested in how a company is managing its balance sheet during the good times. No, I want to see enough strength there to convince me it can handle a market slump without any real problems. Ashtead satisfies me on that score easily.For the 2021–22 year, forecasts suggest a P/E of 19.5, which might seem a bit high. But Ashtead’s strategy has produced years of double-digit earnings growth. I expect more to come, and I rate the P/E as fair value.Oh, and Ashtead has a progressive dividend policy too. The yield is only around 1.5% now, but the prospect of long-term growth ahead of inflation makes it attractive to me. I rate Ashtead a long-term ISA buy. This share led the FTSE 100 on Tuesday. Here’s why I’d buy it for my 2021 ISA 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. Alan Oscroft 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. Simply click below to discover how you can take advantage of this.last_img read more

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If I had invested £5k into Aston Martin’s IPO, this is how much it would be worth now

first_imgIf I had invested £5k into Aston Martin’s IPO, this is how much it would be worth now 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: Aston Martin “This Stock Could Be Like Buying Amazon in 1997” 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 Roland Head Simply click below to discover how you can take advantage of this. 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.center_img Our 6 ‘Best Buys Now’ Shares Roland Head | Wednesday, 9th December, 2020 | More on: AML £210. That’s what I reckon I’d have today, if I’d bought £5,000 of Aston Martin Lagonda Global Holdings (LSE: AML) shares in the firm’s 2018 IPO.Of course, my numbers would be better if I’d taken part in this year’s rights issue, when the firm sold £365m of new shares at 30p each. Aston Martin’s share price has since risen to 79p, providing a healthy 160% profit for lucky investors who bought at the bottom.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…Aston Martin shares: time to buy?The group now has new management and has a £500m cash pile to help it survive the pandemic. I’ve avoided AML stock so far, but I’m wondering if it’s time to take a more positive view on this business.After all, I admire Aston Martin’s cars and the impressive heritage of its brand. I think that ex-Mercedes AMG boss Tobias Moers is a good fit for CEO. I’m also more optimistic about the future of the business. Aston has several new models in the pipeline for the coming years. The firm has also successfully launched its DBX SUV this summer.Looking ahead, Aston’s expanded technical partnership with Mercedes should also help on the engineering front, providing access to class-leading engines and other tech.In terms of marketing, chairman and F1 team owner Lawrence Stroll aims to make Aston Martin a bigger luxury brand, like Ferrari. I think he has the passion and connections needed to be successful.Aston’s sales are expected to rebound strongly in 2021, as the pandemic eases and sales of new models grow. If the global economy stabilises and Asian demand picks up, a strong recovery could be on the cards.What could possibly go wrong?I don’t want to be a bore about this, but as a potential buyer of Aston Martin shares, I have one big worry. Debt.In my view, Aston Martin has far too much debt. Although the firm has raised a lot of cash by selling new shares this year, this money is mostly being held back to keep the company afloat until sales improve.Aston’s latest trading update showed net debt of £869m at the end of September. That’s not much lower than the £988m reported at the end of 2019, despite the company raising £813m of cash by selling new shares this year.Make no mistake — Aston Martin is still burning through cash. The company isn’t expected to become profitable until 2022 at the earliest. In the meantime, shareholders face the risk that they’ll be asked to provide yet more cash to stave off bankruptcy.Aston Martin shares: will I buy?I’m sure that the Aston Martin brand and business will survive. But I think the outlook for the firm’s shares is far more uncertain.In my experience, the easiest way to avoid big losses in the stock market is to steer clear of companies with too much debt. That’s doubly true if they’re also losing money, like Aston Martin.For these reasons, I won’t be adding AML shares to my portfolio. I think there are much better growth opportunities elsewhere. Enter Your Email Address Roland Head 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. 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.last_img read more

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Rolls-Royce shares: here’s what I think is next

first_img Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” See all posts by Jay Yao 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. 2020 has been a very difficult year for Rolls-Royce (LSE:RR). The number of flying hours plunged during the pandemic. Demand for Rolls-Royce’s jet engine sales and service fell sharply as well. The Rolls-Royce share price declined substantially year-to-date, and the company has had to issue more shares and bonds to firm up its finances. Lately, however, RR shares have rallied thanks to vaccine optimism. With the vaccines, many experts hope that things could return closer to normal in the developed world by the end of next year. Over the next several years, many hope the developing world will rebound as well. If that happened, the number of flying hours could increase and RR would benefit. 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…Given everything that’s happened in 2020, what’s next for Rolls-Royce as the year ends? Here’s what I think. Rolls-Royce shares: management’s plan for the futureIn terms of what’s next, management plans to continue to control costs and strengthen the balance sheet through asset divestment. Giving the projected cost savings and the projected rebound in flying hours globally, management has a target of at least £750m in free cash flow in 2022.In terms of their strategy going forward outside of their existing business lines, management has a long-term goal of targeting the short-haul jet engine market and also expanding into renewables. Expanding into the short-haul sector would open a larger potential target market for RR. That would bring more opportunities to generate free cash flow in the long run. In terms of its green energy push, RR CEO Warren East sees potential opportunities in zero carbon tech and renewables. Is the stock a buy?I don’t see Rolls-Royce shares as a bargain, given the current valuation and 2022 free cash flow projections. With all the uncertainty in aviation still remaining, I’m putting the shares on my watchlist. I’m bullish on air travel in the long term, and if there are unwarranted substantial dips in Rolls-Royce shares, I’d buy. Although I don’t believe RR is a bargain in terms of present free cash flow estimates, I nevertheless reckon there are potential upside drivers if certain things happen. I think one upside driver would be how management does in terms of its low carbon strategy. Although the generous valuations might not last, many green energy stocks have high valuations even though they might not necessarily deserve them financially. If Rolls-Royce does a good job in its green efforts or it is perceived as much more green, it could gain a higher valuation too. Longer term, I believe management’s success in controlling costs and growing into new markets matters a lot too. If management executes well in renewables and/or the short-haul market, I can see the company’s free cash flow outperforming expectations. If RR successfully and profitably grows outside of its existing markets, I think Rolls-Royce shares would be rewarding.  Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Jay Yao 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 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. Rolls-Royce shares: here’s what I think is next  Simply click below to discover how you can take advantage of this. Enter Your Email Address Jay Yao | Monday, 21st December, 2020 | More on: RR Image source: Getty Images last_img read more

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I’ll never make a million from cash. But £500 a month in UK shares might just do it

first_img 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! Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares Harvey Jones 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. You could start with this opportunity. Harvey Jones | Monday, 18th January, 2021 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! Enter Your Email Address If you want to make a million from cash these days, you need a truly massive sum to start off with. Say £950,000. If you put that amount in a typical savings account paying 0.25%, you’d get there in around 22 years. The problem is that the value of your money will have fallen in real terms, eroded by inflation.That’s why I’m banking on UK shares to make me a million for retirement, as history shows they should deliver a far higher return over the longer run. That means I can start with a much smaller sum than £950,000. In fact, I reckon it’s possible to get there with just £500 a month.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…UK shares may be volatile, but that’s the price you pay for their superior growth prospects. You can play safe with cash, but with the big banks paying just 0.01% on easy access, that’s false security. At that rate of growth it would take 525 years to turn £950,000 into £1m.Make a million from UK sharesMy calculations suggest that somebody who invested £500 a month in UK shares from age 25, and made an average total return of 6.5% a year after charges and dividends reinvested, would have £1.2m by age 66. Sadly, not many 25-year-olds have that kind of money at their disposal, or that level of foresight. However, the longer you wait to get going, the more you’ll have to save later.Investing £500 from 35 would give you £594,201 by age 66, assuming the same growth rates. That’s well short of £1m, but it’s not too shabby either. If you have a workplace pension too, and receive the odd windfall, such as inheritance, you could still make a million.Otherwise you could increase your £500 payment by 5% a year, and then you would have £1.07m by age 66. Some may be wary of investing during these uncertain times, yet history shows this is often the best time to invest. The FTSE 100 has partially recovered from last year’s traumatic crash, but still trades 12% below its level this time last year.Start early and stick with itVaccine success has boosted investor sentiment, and the UK looks to have stolen a march on other western countries. Many Britons are rightly sceptical of how the UK government has responded to the crisis, but our vaccine success is attracting attention overseas. With Brexit mostly settled, many foreign investors are now sizing up UK shares.I’m looking to buy a spread of FTSE 100 dividend stocks today, in my bid to make a million for my retirement. Despite last year’s dividend cuts, there are still plenty of top stocks out there. I’m looking beyond today’s short-term uncertainty to the long-term. I’ll be measuring my success in decades, rather than years.I could never make a million from cash. UK shares are giving me a fighting chance. Although it’ll take a working lifetime to do it. See all posts by Harvey Jones Image source: Getty Images 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. The high-calibre small-cap stock flying under the City’s radar 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. I’ll never make a million from cash. But £500 a month in UK shares might just do itlast_img read more

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