Browsing All Posts published on »March, 2011«

In Support the Bank of England on Monetary Policy

March 28, 2011


While reading the Office for Budget Responsibility‘s United Kingdom Economic and Fiscal Outlook – March 2011 over the weekend (yes, I had that much fun), I noticed the chart below: It shows the difference between the current rate of UK inflation (CPI) and an estimate of inflation had sales taxes (VAT and excise duty on […]

The Case For – and Against – Persimmon

March 22, 2011


One company that has recently showed-up in my quantitative screen is UK house-builder Persimmon and consequently I’ve decided to take a look at the company in a little more detail despite having a few misgivings.  These misgivings are: (1) I still think UK housing is significantly overvalued and therefore could be subject to a further […]

How Verizon Wireless Could Purchase Sprint-Nextel and Harm Vodafone

March 21, 2011


Following yesterday’s announcement that AT&T (the second-largest mobile operator in the US) is to purchase T-Mobile USA (the 4th largest) for $39bn, speculation has already begun that Verizon Wireless (the 1st largest) will seek to purchase Sprint-Nextel (the 3rd largest) in order to maintain in market leading position.  John Dobosz writing on spelt it […]

Domino’s Pizza Inc: 30% Potential Upside

March 9, 2011


Following the recent FY10 results released by Domino’s Pizza Inc, I’ve now revised my financial model for the new information and have also firmed-up a number of the assumptions since my previous post entitled “How Domino’s Pizza Inc Will Deliver Big Profits to Investors“.  I have also made my financial model available to download here, […]

The Case for SINA Corporation

March 7, 2011


SINA is an owner and operator of a number of online services in the People’s Republic of China.  These include (a news portal), SINA Mobile, SINA Community (social services and games), (search & enterprise services) and SINA E-Commerce (online shopping).  In FY10 SINA generated revenue of $402m (+12.3%yoy) and net profit of $109m […]