The 50 per
cent of the companys portfolio will include petrol engines and al0ternate fuel powertrains.
Not exact matches
The
company will also look for other acquisitions where it is able to derive synergies with its existing
portfolio of businesses, and has set a target
of 10 per
cent incremental EBITDA for any purchases it makes.
The country's second biggest landholder, ASX - listed beef producer Australian Agricultural
Company, has reported a 7 per
cent rise in the value
of its vast rural property
portfolio in full - year results released on Wednesday.
The Australian Agricultural
Company's rural property
portfolio has risen in value by almost twice that
of Sydney house prices in the last year, with its huge cattle stations having gained 15.8 per
cent.
Dale Winner,
portfolio manager at the Wells Fargo Advantage International Equity fund, expects profits for European
companies to grow in the neighbourhood
of 15 per
cent.
An electrical power
company is 29.7 per
cent of the
portfolio.
In other words, certain TAM
Portfolio companies can be acquired at, say, 25
cents to 75
cents for each $ 1.00
of corporate net assets most
of which are accounted for under International Financial Reporting Standard (IFRS), while comparable DJIA assets cost $ 2.79 for each $ 1.00
of corporate net assets most
of which are accounted for under Generally Accepted Accounting Principles (GAAP).
That is possible with a
portfolio of mature
companies that pay 3 per
cent to 4 per
cent dividend yields and produce 3 per
cent annual price gains.
But the skeptics were facing off against one
of Canada's most high - profile money managers: Bay Street stock - picking guru Eric Sprott and his small army
of portfolio managers had bought 17 per
cent of the
company.
The deal will increase Parkmead's production
of oil and gas by over 400 per
cent, and the combination
of the two
companies will create a stronger, more diversified
portfolio of assets, balanced across the UKCS and the Netherlands.
Today the
company, wholly owned by the Ontario Teachers» Pension Plan, has a global commercial real estate
portfolio valued at $ 16.3 billion,
of which retail accounts for 64 per
cent.