BOL FP
Bolloré
Industrial/Transportation, TMT
11/14/2014
Presented
| Date | 11/10/2014 |
| Price | €3.94 |
| Market Cap | N/A |
| Ent Value | N/A |
| P/E Ratio | 35.26x |
| Book Value | €3.53 |
| Div Yield | N/A |
| Shares O/S | 25.11M |
| Ave Daily Vol | 20,000 |
| Short Int | N/A |
Current
| Price | €5.89 |
| Market Cap | $18.59B |
| Bolloré is engaged in transportation and logistics, communication and media, and electricity storage and solutions businesses in France and internationally. The company provides air, sea, and land freight forwarding; warehousing and distribution; industrial logistics; stevedoring and port services; identification, labeling, packaging, order preparation, and redistribution services; and shipping agency, and freight and trans-shipment services. It also distributes fuel and other petroleum products to household and business customers; manages oil pipelines and depots; manufactures polypropylene films, electrical components, batteries and super capacitors, and electric buses and cars; and operates oil palm and rubber plantations in Cameroon and the United States, as well as wine-growing estates in France. In addition, the company provides communications services, including advertising, direct marketing, media planning and buying, corporate communication, sales promotion, design, human resources, sports marketing, multimedia interactive communications, and public relations, as well as offers wireless high-speed Internet services. Further, it is engaged in the film production and operation of Mac-Mahon cinema in Paris; publishing and distribution of newspaper under the brand name of Direct Matin; provision of control equipment and identification systems for air transport; and management of financial assets, such as plantations and financial investments. Additionally, the company is involved in the design, manufacture, and marketing of self service terminals and kiosks for controlling and reading tickets of air, rail, and sea travel networks; and design, development, and integration of identification, traceability, and mobility solutions in the logistics, industry, and transport areas. The company was founded in 1822 and is headquartered in Puteaux, France. Bolloré is a subsidiary of Financiere de l'Odet. |
Please note, this stock split on 12/01/2014 at a ratio of 100/1. The presented data has been updated to account for the change, however, the text of the note may refer to data based on the original presented price of €393.45.
Publicly traded companies mentioned herein: Bollore SA (BOL FP), DP World (DPW LN), Vivendi SA (VIV FP), and Havas SA (HAV FP).
Highlights
The presenter characterized Vincent Bollore’s track record as an investor over the last twenty years as on par with that of Warren Buffett and Seth Klarman. He regards Bollore SA as a more concentrated version of Berkshire. Approximately 50-60% of the company’s NAV is comprised of 20 year concessions deriving from the operation of a couple of dozen ports in West and Midwest Africa. The stock recently rebounded after being down 35% off its peak, principally on the perceived threat of Ebola spreading in the region.
◆Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.
◆Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.