Growth potential more important than current yield – brazier
The ability to generate strong cash flows are not a sufficient reason to buy a company, says Simon Brazier, co-head of the Investec quality team.
The ability to generate strong cash flows are not a sufficient reason to buy a company, says Simon Brazier, co-head of the Investec quality team.
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Tesco shares have had a volatile morning as it released dismal full year results.
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As Tesco CEO Phil Clarke steps down and is replaced by former Unilever executive Dave Lewis the supermarket sector is more cut-throat than ever, and it is far from clear whether a change at the top will revive the companys fortunes.
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