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GSK PLC. (GSK-NYSE, $41.24) Will Spin out a mini Proctor & Gamble/Colgate Peer Group Consumer Health Company on July 22.

In July, GSK will spin off its consumer health division to existing shareholders on a 1 for 1 basis. Haleon will find interest among institutional investors seeking more pure exposure to consumer products healthcare. Gross revenues at the Haleon division

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Costco Wholesale Corp. (COST-NASD, $463.31) Badly Misses on Margins in Q3. An opportunity to Proactively Reset Loss Leaders was Squandered.

Costco reported a modest earnings increase of 10.5% for the quarter ended March 31st, 2022. Earnings fell below the rate of sales growth. Investors owning Costco shares assumed that the higher income demographic makeup in the membership base would fully

Posted in Portfolio Model Subscription

An E-Commerce Recession Bodes ill for Many Investment Darlings.

In general terms, a recession is defined as two consecutive quarters of GDP decline. If one were to apply such a term to specific sectors, then it would logically represent a decline in revenues for two consecutive fiscal quarters. Online

Posted in Portfolio Model Subscription

Grupo Comercial Chedraui (CHDRAUIB.MX, $2.56 USD) Powers up a Very Strong Fiscal Q1, 2022 Result.

The newest owner of the Smart & Final retail cash and carry chain released their fiscal result for Q1. Numbers were impressive even without the acquisition accretion. Non Smart & Final assets, 3 grocery and retail banners, (Chedraui in Mexico,

Posted in Portfolio Model Subscription

Itafos (MBCF-OTC,$2.90 US) is an Interesting Business. It Seems a Shame not to Qualify for Inclusion in the Gnostic Portfolio, due to Cap Weight Restrictions.

As I continue to flesh out farmland purchases, my working knowledge of agricultural chemicals (better living through organic chemistry) requires a refresher. I am primarily a landholder rather than an active farmer; my fields are rented out to tenants who

Posted in Portfolio Model Subscription
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