|Bid||13.66 x 0|
|Ask||13.67 x 0|
|Day's range||13.50 - 13.77|
|52-week range||13.12 - 16.10|
|PE ratio (TTM)||21.96|
|Earnings date||12 Feb. 2018 - 16 Feb. 2018|
|Forward dividend & yield||0.65 (4.71%)|
|1y target est||10.95|
The dollar is sliding and companies like CSL Limited (ASX:CSL) and Orora Ltd (ASX:ORA) are benefiting due to their overseas operations.
Bemis' (BMS) efforts to optimize manufacturing capacity, reduce cost structure, simplify product portfolio while investing in targeted areas of growth positions it well for the long term.
I am going to run you through how I calculated the intrinsic value of Amcor Limited (ASX:AMC) by taking the expected future cash flows and discounting them to today’s value.Read More...
Australia’s Amcor Ltd. agreed to acquire U.S. competitor Bemis Co. in an all-stock deal valued at $5.26 billion to expand sales of plastic packaging in the Americas. Bemis shareholders will receive the equivalent of $57.75 a share in Amcor stock, according to a statement Monday. The offer represents a premium of 25 percent over Bemis’s closing price on Aug. 2, the day before news reports of an impending deal sent shares surging.
Amcor Ltd. is prepared to bet $5 billion that’s not about to happen. The company is planning to pay that amount in its own shares to take over Bemis Co. in a deal that would make it the biggest producer of non-paper packaging globally, a person with direct knowledge of the matter told Brett Foley and Angus Whitley of Bloomberg News on Monday, after Amcor shares were halted pending an acquisition announcement. Such a deal has been mooted for years, and would inevitably be a wager on continued and growing demand for single-use plastic bags.
Bemis has been making steady progress restructuring, but news that Amcor was in discussions to acquire its rival sent shares of the former higher Friday.
I am writing today to help inform people who are new to the stock market and want to better understand how you can grow your money by investing in AmcorRead More...