News sentiment analysis powered by sentiment-insight.com
Hipgnosis shareholder plans to derail music catalogue sale
A shareholder of Hipgnosis Songs Fund is looking to scuttle the company's $465 million deal to sell some of its music catalogues to a group backed by Blackstone. Asset Value Investors (AVI) said it would vote against the deal and asked fellow investors to do the same.
Hipgnosis shareholder plans to derail music catalogue sale A shareholder of Hipgnosis Songs Fund is looking to scuttle the company's $465 million deal to sell some of its music catalogues to a group backed by Blackstone. Asset Value Investors (AVI) said it would vote against the deal and asked fellow investors to do the same, citing "uncompetitive nature" of the process.
Food inflation threat isn't over, given unpredictable rand, load shedding - AVI JSE-listed consumer goods group AVI is still worried about the extent to which inflation in SA could cool in the coming months. Simon Crutchley, CEO of the owner of brands such as Bakers, Willards, I&J, Five Roses and Kurt Geiger, said on Monday that "some things have to fundamentally change"
Confusing biscuits? Provita loses court battle with alleged copycat Snactive National Brands, a subsidiary of AVI, lost a trademark battle against competitor Snactive. The North Gauteng High Court in Pretoria concluded its rights did not extend to its biscuit's characteristics.
Returns Are Gaining Momentum At Avillion Berhad (KLSE:AVI) Avillion Berhad's (KLSE:AVI) return on capital employed (ROCE) is 0.3%. ROCE measures the'return' (pre-tax profit) a company generates from capital employed in its business. The company appears to be getting more proficient at generating returns since capital employed has remained flat. Although the company may be facing some issues elsewhere, we think the underlying fundamentals warrant this stock for further investigation.
Salticrax defeats SnackCrax in appeals court AVI-owned Salticrax has fought to bar Cape Cookies from trademarking its SnackCrax brand. In 2014, Cape Cookies applied to register the trade mark for its savoury biscuit brand. The Supreme Court of Appeal (SCA) has handed victory to the salticrax brand, overturning a high court ruling that found in favour of its competitor. AVI and Cape Cookies are also in a legal battle over the latter's Vitacrax brand,.
Avillion Berhad's (KLSE:AVI) Price Is Right But Growth Is Lacking Avillion Berhad (KLSE:AVI) has a price-to-sales (or "P/S") ratio of 1.2x. Almost half of all the Hospitality companies in Malaysia have P/S ratios greater than 1.8x. The only time you'd be truly comfortable seeing a P-S as low is when the company's growth is on track to lag the industry.
South African food producers expect muted demand from... South African food producers expect muted demand from struggling shoppers. RCL Foods, AVI to hike prices in H2 * H1 price hikes not enough to offset rising costs * Consumers trading down to cheaper brands.
Sign Up
