Browsing All Posts published on »March, 2011«

In Support the Bank of England on Monetary Policy

March 28, 2011

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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

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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

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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 Forbes.com spelt it […]

Domino’s Pizza Inc: 30% Potential Upside

March 9, 2011

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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

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