|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||5.68 - 5.76|
|52 Week Range||5.08 - 8.50|
|Beta (3Y Monthly)||1.40|
|PE Ratio (TTM)||11.78|
|Forward Dividend & Yield||0.40 (5.71%)|
|1y Target Est||11.37|
It raises yet again a question that’s puzzled two successive governments and will continue to bedevil whichever party takes power after elections conclude next month: What’s killing capitalism in India? Jet was born in the early 1990s, when India’s closed Soviet-style planned economy had just started embracing globalization and private enterprise. An airline that was at one point the industry’s dominant player should theoretically have been able to thrive.
India’s oldest privately owned airline suspended operations on a “temporary” basis on Wednesday after failing to secure a bailout. On one level, you could argue that this is a good sign for India: Its institutions are holding up. State-owned banks are Jet’s biggest creditors and they seem unwilling to throw more money at the airline without a clear revival plan.
Cutthroat price competition denied it that opportunity, and now banks are picking up a majority stake – at a price of 1 rupee for 114 million shares. Banks will get into trouble if the rescue eventually fails, like it did in the case of a 2011 debt-to-equity swap at the now-defunct Kingfisher Airlines.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today I will be providing a simpleRead More...
It looks as if that is what’s about to happen at DIY retailer Kingfisher Plc. The board is considering sacking Chief Executive Officer Veronique Laury, who has led the chain since the end of 2014, according to the Sunday Times. Underlying pre-tax profit fell 8 percent in fiscal 2018 and it is expected to decline again this year, according to the consensus of Bloomberg estimates.
In 2014 Véronique Laury-Deroubaix was appointed CEO of Kingfisher plc (LON:KGF). This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Next, we'll consider Read More...
Since even that modest goal has proven elusive, India’s longest-surviving private airline now needs bankers with spine to keep flying. It’s been clear for some time that Jet, falling behind even on pilots’ wages, was going to skip a debt payment soon. As a full-service carrier, India’s second-largest airline spends that much more per available seat kilometer than its bigger rival, IndiGo.
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Historically, Kingfisher plc (LON:KGF) has paid a Read More...
Concurrently, Moody's affirmed Kingfisher's short-term Prime-2 rating. "Today's rating affirmation reflects the company's strong credit metrics and financial flexibility, notwithstanding the business disruption related to the ongoing business transformation and weak trading performance in France and UK" says Francesco Bozzano, a Moody's Analyst and lead analyst for Kingfisher.
Over the past four years, passenger growth in India has been rapid: The number of flights taken has increased between 15 and 20 percent per year. Almost every Indian airline is struggling. Consider Jet Airways Ltd., the oldest private airline in India.
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to Read More...
Here's a summary of some of the sectors and stocks in the United Kingdom that are gaining and losing from May's withdrawal pact with the EU.
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to begin learning about how to Read More...
Investors who want to cash in on Kingfisher plc’s (LON:KGF) upcoming dividend of UK£0.033 per share have only 4 days left to buy the shares before its ex-dividend date, 04 Read More...
Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Kingfisher plc (LON:KGF), with a market cap of UK£5.57b, often get neglectedRead More...
In this article, I will take a quick look at Kingfisher plc’s (LON:KGF) recent ownership structure – an unconventional investing subject, but an important one. A company’s ownership structure isRead More...
It's one step forward, two steps back for European home-improvement group Kingfisher Plc. That's not enough progress to banish the possibility of a break-up. Sales of paddling pools to plants amid the U.K.'s heatwave helped Kingfisher's B&Q chain lift same store-sales by a better than expected 3.6 percent in the three months to July 31. The core Castorama chain was hit by disruption from Chief Executive Officer Veronique Laury's efforts to buy more products centrally and upgrade information technology systems.
Let's put Kingfisher (KGFHY) stock into this equation and find out if it is a good choice for value-oriented investors right now.