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Cobas AM: Nueva Gestora de Francisco García Paramés

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Cobas AM: Nueva Gestora de Francisco García Paramés
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#43866

Re: Cobas AM: Nueva Gestora de Francisco García Paramés

Caso de tabacalera
el sobrino de cesar Alierta se forro con una compra a credito dias antes de su fusion y vendio justo el dia del anuncio que fue precisamente el inicio del descenso a los infiernos de tabacalera, siendo Alierta presidente de tabacalera.
Hubo juicio pero ... no se pudo demostrar nada.

#43867

Re: Cobas AM: Nueva Gestora de Francisco García Paramés

creo q es un problema de los híbridos, que si no venden Picard, habrá problemas hasta 2021, o algo así....

#43869

Re: Cobas AM: Nueva Gestora de Francisco García Paramés

¿No os parece AT&T una empresa mucho más interesante que Telefónica ?  Adjunto análisis de una revista americana.

Overview & Current Events:

AT&T is one of the largest telecommunications companies in the United States when measured by market capitalization ($245 billion). Its only competitor of similar size is Verizon Communications. AT&T provides mobile, broadband, video and other telecom services. It also operates WarnerMedia as well as satellite TV provider DIRECTV.

In late April, AT&T reported (4/24/19) financial results for the 2019 first quarter. Revenue of $44.8 billion missed analyst estimates by $270 million, while adjusted earnings-per-share of $0.86 matched analyst expectations. Revenue increased 18% for the first quarter, primarily driven by the Time Warner acquisition that closed in June 2018. Adjusted earnings-per-share of $0.86 rose 1.2% from the same quarter a year ago. Revenue growth was heavily offset by rising expenses and a higher share count. AT&T’s core mobility segment grew revenue by 2.9% for the quarter, thanks to 179,000 net postpaid smartphone customer additions during the quarter. 

Growth Prospects & Safety:

AT&T’s biggest growth catalyst is the massive $85 billion acquisition of Time Warner, a content giant that owns multiple media brands, including TNT, TBS, CNN, and HBO. Time Warner also owns a movie studio as well as sports rights across the NFL, NBA, MLB, and NCAA. AT&T has made additional bolt-on acquisitions to boost its growing content businesses as well and is working to maximize the advertising capacity of its content. We are conservatively anticipating annualized earnings-per-share growth of ~3% per year for the foreseeable future.

AT&T scores well in terms of dividend safety, particularly relative to the company’s exceptionally high yield. The company has increased its dividend for 35 consecutive years. Separately, AT&T is on pace for a dividend payout ratio of just 57% in the ongoing fiscal year. And importantly, AT&T paid off over $2 billion of debt in the first quarter, ending the period with a net-debt-to-adjusted-EBITDA ratio of 2.8x. AT&T will pursue additional debt reduction in part through asset sales, such as the recent deals to sell its stake in Hulu and the $2.2 billion sale of its Hudson Yards space. AT&T expects to end 2019 with a leverage ratio of 2.5x. While some investors have expressed concerns with AT&T’s debt, the company reported a more-than-adequate interest coverage ratio of 3.3x in fiscal 2018.

Valuation:

AT&T’s management team expects the company to generate adjusted earnings-per-share of about $3.60 in fiscal 2019. Using this earnings estimate, the company is trading at a price-to-earnings ratio of just 9.3. AT&T traded at an average price-to-earnings ratio of 13.4 over the last decade; we have set a fair price-to-earnings ratio of 12 for AT&T. If AT&T’s price-to-earnings ratio can expand to our fair value estimate over the next 5 years, this will boost its total returns by around 5.2% per year during this time period. Overall, we believe that AT&T is capable of delivering annualized returns of 14.4% per year from its current price thanks to its high yield (6.1%), earnings growth (3.1%), and compelling potential for valuation expansion (5.2%).  

Key Statistics, Ratios, & Metrics

*Dividend Yield: 6.1%  *10-Year Div. Growth Rate: 2.2%  *Most Recent Annual Div. Increase: 2.0%  *Sector: Telecommunications  *Dividend History: 35 years of increases  *Fair Value: $43  *Payout Ratio: 57%

#43870

Re: Cobas AM: Nueva Gestora de Francisco García Paramés

Rrrrebote de Aryzta(del gato muerto? de FGP metiendo mas?XD)
Y sin decirlo muy fuerte que sino se nos viene abajo rebotillo mensual para Dixons chicharr digo Carphone
Ah y nuevos maximos historicos para SP500

#43871

Re: Cobas AM: Nueva Gestora de Francisco García Paramés

Y eso siendo a nombre de su persona física, que no habrá escondido por ahí fuera😂.

#43872

Re: Cobas AM: Nueva Gestora de Francisco García Paramés

Lo que paso es que se sobresello el caso por haber prescrito el delito. De hecho el fallo dio por probados los hechos y Alierta recurrió por entender el que el fallo vulneraba su honor.

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