II Editor
07 Aug 2017
NEW ARTICLE: As Europe's populist tide recedes, how can you profit? "With political risk receding and the economy improving, investing in Europe is no longer the realm of contrarians. Cherry Reynard explains how there is still money to made on the continent.At the start of this year Europe looked vulnerable: ..."[link]
Albino Investor
18 May 2017
Bid Offer ... shares leap.. starting to reflect better value prospects Elis SA proposes a combination with Berendsen plc to create a strong Pan-European leader in textile and facility servicesCombination would create a strong Pan-European leader in Textile and Facility ServicesComplementary geographical footprints - balanced presence across Northern & Southern Europe with high-growth Latam exposure and enhanced position in GermanySignificant revenue, operating cost and capex synergiesCombination expected to lead to double digit earnings accretionCash and share proposal at a highly attractive premium of 36% to Berendsen's share price and 49% to the consensus target price for Berendsen published by equity research analystsBerendsen shareholders would benefit from a substantial value creation opportunity through an approximately 35% stake in the combined groupElis SA ("Elis"
today announces that it has made a revised proposal to Berendsen plc ("Berendsen" to combine the two companies and create a leading Pan-European textile and facility services company, which has been rejected by the board of directors of Berendsen (the "Berendsen Board".Revised Proposal is Highly Attractive to Berendsen ShareholdersThe revised cash and share proposal (the "Revised Proposal" that Elis made on 16 May 2017 is to acquire each Berendsen ordinary share for a combination of:· £4.40 in cash; and · 0.426 new Elis ordinary sha
forddrive
28 Mar 2017
Berendsen Unfortunately, a good example of Board incompetence.
Fabius1
21 Mar 2017
Re: Berendsen forddriveIs that a rhetorical question or just a shrug of perplexity?F1
forddrive
21 Mar 2017
Berendsen I know that these people lost the plot recently - and unexpectedly - but is there fresh poor news? Thank you.
Thedarkkn1ght
17 Mar 2017
P/E 13; Defensive; Yield 4% SP has been trading at 1200p+; low beta share; Cash £300M; Div cover 1.9x; oversold RSI 30********** ********** ********** ********** ********** ********** ********** ********** ********** *********At a current price of 842p, its shares trade at 12.9 times its consensus forecast for full-year earnings per share of 65.1p. That’s a big discount to the sector average of 17.2 times, and seems unfair given its turnaround potential and above-average dividend yield. Shares in Berendsen yield 4.0%, with a dividend payout ratio of 52%.[link]
forddrive
03 Mar 2017
Berendsen I realise that these people have come off the rails - I was very unhappy about that, but fortunately sold a large chunk of our holding some weeks ago for unrelated reasons. Nevertheless, these latest results do not look too dire and this looks like an overreaction as regards the sp.
forddrive
06 Dec 2016
berendsen A sudden and unacceptable loss of confidence in a company that has in the past been noted for its stability.
forddrive
27 Oct 2016
Berendsen The results are disappointing but not really poor.
forddrive
30 Apr 2015
Berendsen This remains a solid company that knows what it is doing. The trading statement is unexciting, but this company is not about excitement, it is about solidity. The shares remain attractive from a defensive point of view.
albent
06 Apr 2015
Berendsen infographic Analyst estimates and intrinsic val for Berendsen (BRSN): [link]
forddrive
02 Mar 2015
Berendsen I am not surprised that the price has bounced back after the results. As ever, they were solid but not exciting. But where else can you get this sort of solidity in today's markets with a reasonable dividend yield, up 7% this year?
