Our insights

Prospects

Summer Issue Nineteen

In this issue
Understanding Finance

When assessing the profitability of a company, it is important to concentrate not on its reported earnings but on the cash flows that it generates. Earnings can be easily manipulated through…

Equity prospects

01.

In corporate finance the ‘pecking order theory’ would tell you that the cheapest form of finance is internally generated cash, the next cheapest is debt and the most expensive, and therefore the most…

02.

Intertek is one of those companies that piggy backs on global trade. Technically the company is a global leader in testing, inspecting and certifying products, commodities and services. For a…

03.

Genus is a specialist in applying biotechnology to the science of animal breeding and genetic improvement. The technology is applicable to all kinds of livestock and they currently commercialize…