Sarantis: Demanding Valuation #2 – Reconstructing Q2
Comparing reported H1 results with the Q1 trading statement released on May 4, we highlight the following…
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Jumbo’s sales down 11% in August ytd
Our published (Covid related) sales decline is now at…
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PPC: Good Chances of Going Higher
This note is an attempt to guess how much the share price of PPC may rise in light of selling a stake in Deddie (the distributor).
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KRI-KRI: Intriguing Greek Yogurt Business
We do not cover KRI KRI but we have been following the name, intrigued by their P&L growth; RoTE; cash flow generation; and solid balance sheet. Following their annual presentation to institutional investors on Jul 8, we present our thoughts in this report…contact@researchgreece.com
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Greek Banks: NPE & DTC overhang
If you are still wondering why Greek Banks have not recouped their pre-pandemic P/BV multiples (0.40x), you should look no further than Bank of Greece’s latest Financial Stability Review (published July 16); on pp. 7-8…contact@researchgreece.com