Kraft Heinz - buy if blood is in the streets (Warren B)
The American food company Kraft Heinz Company will reduce the quarterly dividend from 62.5 US cents per share to 40 US cents. The next payment will be made on March 22, 2019 (Record day: March 8, 2019). Extrapolated to the year Kraft pays so in the future $ 1.60 per share.
For fiscal 2018, the company generated $ 26.26 billion in revenue, compared to $ 26.1 billion a year ago, as reported on Thursday. The bottom line was a loss of $ 10.3 billion after a gain of nearly $ 11 billion a year earlier. There was a write-off of $ 16 billion on the value of many brands.
The group also announced last Thursday that the US Securities and Exchange Commission is investigating accounting practice. After the announcement of the news the stock was on Wall Street over 20 percent in loss. The value is one of the largest holdings in Warren Buffetts portfolio.
Buy this, take sleeping pills and be happy with your ROI in 2-3 years :)
For short term holders is take profit at 30,50 € for long term holders is at 38 and 45 €
For fiscal 2018, the company generated $ 26.26 billion in revenue, compared to $ 26.1 billion a year ago, as reported on Thursday. The bottom line was a loss of $ 10.3 billion after a gain of nearly $ 11 billion a year earlier. There was a write-off of $ 16 billion on the value of many brands.
The group also announced last Thursday that the US Securities and Exchange Commission is investigating accounting practice. After the announcement of the news the stock was on Wall Street over 20 percent in loss. The value is one of the largest holdings in Warren Buffetts portfolio.
Buy this, take sleeping pills and be happy with your ROI in 2-3 years :)
For short term holders is take profit at 30,50 € for long term holders is at 38 and 45 €
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.