DGEAF News and Press, Diageo Plc Ord From 10/28/22

Summary Strategy returns with a low correlation to mega cap growth companies, reflected in our high active share, proved beneficial in the third quarter. From a sector perspective, several long-standing biopharmaceutical positions as well as newer disruptive technology holdings dr...

Summary Diageo has crash-proven management, an excellent portfolio, and a geographically well-diversified business. The double-digit projected annual total return until 2024 looks attractive. US investors benefit from a historically weak British pound and thus favorable share ...

Summary During August my passive income was up by 2.90% y/y. During September my passive income was up by 41.14% y/y. I made 40 trades during these two months; 38 buys and 2 sales. Another two months, another two steps towards financial freedom! Sorry for the delay h...

Summary Gabelli Funds’ 13F portfolio value decreased from $15.22B to $13.02B this quarter. They increased NextEra Energy while decreasing Chevron. The top five positions are NextEra Energy, Microsoft, Alphabet, National Fuel Gas, and Mastercard, and they add up to ~7% o...

Summary Tweedy, Browne’s 13F portfolio value decreased from $3.10B to $2.45B this quarter. They added FedEx Corp., American Express, and Paramount Global while decreasing AutoZone and dropping 3M. Alphabet at ~18% of the portfolio is the largest position. This...

There is no doubt that Diageo is a premium business, but its shares come with an equally premium price tag. We sold our entire position in early 2020 locking in a total return of over 55% in under 2 years. We maintain our "sell" rating at the current valuation. Our recent analysis...

The stock market has been more volatile than ever since the pandemic of 2020. What does that mean? On the road to financial freedom, acquiring assets that produce cash flow or income is the goal. Given the uncertainty, I continue to make smaller, weekly investments into Vanguard E...

While the Tweedy, Browne Funds were not immune to the challenges during the quarter, they, for the most part, held up much better than their benchmark international and global indices. It is impossible, of course, to know whether markets have hit bottom, but if the past is prologue co...

Diageo plc (DEO) FY2020 Earnings Conference Call July 28, 2022 4:30 AM ET Company Participants Ivan Menezes - Chief Executive Officer Lavanya Chandrashekar - Chief Financial Officer Conference Call Participants Sanjeet Aujla - Credit Suisse Celine Pan...

The equity correction has brought stock prices and sentiment closer to levels where risk/reward becomes asymmetric to the upside. We believe a pickup in merger & acquisition activity would be an early signal that undervalued assets are becoming monetized. Steadily growing, highly ...