Panmure Gordon & Co Ltd

Type: Company
Name: Panmure Gordon & Co Ltd
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First Reported Apr 10 2012 - Updated Apr 10 2012 - 1 Documents

Wednesday preview: Michael Page, Matchtech, beige book

Sharecast – 2 minutes 50 seconds agoCompanies:RELATED QUOTESSymbolPriceChange25.00196.002.750.450.011,287.790.00110.50-0.50LONDON (ShareCast) - Recruitment firm Michael Page (LSE: MPI.L - news) is set to give an update on first quarter trading on Wednesday ... [ Published Apr 10 2012 by Yahoo! UK and Ireland ]

Quotes

...stand any chance of winning control of Cadbury, the world's second largest confectionery company in terms of sales, broker Charles Stanley reckons. "The Kraft offer values Cadbury on less than 2x sales, significantly lower than the 2.3x sales it paid for Danone's biscuit operations or the $23bn, 3.7x sales, paid by Mars for Wrigley (12x EV/EBITDA [enterprise value/earnings before interest, tax, depreciation and amortisation]). The approach also values Cadbury at 12x EV/EBITDA and 19x 2010 P/E, based on our estimates for next year" Charles Stanley notes

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Wednesday preview: Michael Page, Matchtech, bei... [ Published Apr 10 2012 by Yahoo! UK and Ireland ]
Broker tips: Cadbury, defensives, Trinity Mirror [ Published Sep 07 2009 by ShareCast ]
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