Google Inc (Googl.OQ)

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value3
Financial Health - 5 Star

Analyst Summary: Headquartered at the ‘GooglePlex’ in California, Google has become an integral part of much of the world’s lives due to its leading search engine. The company strives for non-incremental (or 10x) improvements across an ever increasing field. The driving force behind this is a culture founded on innovation and long term thinking. Google’s […]

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Diageo plc (DGE.L)

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Financial Health - 2 Star

Diageo is a leading alcoholic beverage business with ownership of brands such as Smirnoff, Johnnie Walker, Baileys, Crown Royal and Guinness. Of the fourteen brands that contribute 67% of total sales, eleven are either number 1 or 2 in their respective markets. Diageo operates in over 180 countries worldwide through a diversified manufacturing base, with […]

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Strategy & Stocks: Central banks’ ‘beggar thy neighbour’ approach

This presentation, recorded the day before the European Central Bank announced its 60bn euros per month quantitative easing program, discusses central banks’ ‘beggar thy neighbour’ policies of competitive currency depreciation in a slow-growth world. Australia, facing below-trend growth as the mining boom subsides, is part of the game and we forecast cash rate reductions of […]

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McDonald’s Corporation (MCD.N)

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Financial Health - 5 Star

MCD operates over 35,000 restaurants globally with 81% through franchise arrangements and the remaining 19% operated by the company. Under the conventional franchise agreement, MCD purchases the restaurant property while the franchisee funds the working capital and plant and equipment. MCD generates rent and royalties from this arrangement. Geographically, the largest earnings contributor is the […]

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Strategy & Stocks: No Santa Claus rally this year

Investors in resource stocks who were hoping for the traditional Christmas rally on the ASX are being disappointed by waves of commodity and share price falls. Oil in particular has a stranglehold on the market because although the headline reasons for oil’s plunge are the rise of US shale and OPEC’s inability to support the […]

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