Deutsche Bank
Deutsche Bank
Coordinates: 50°6′50″N 8°40′7″E / 50.11389°N 8.66861°E / 50.11389; 8.66861...
attractive entry opportunity price recent share weakness
After the recent share price weakness we see an attractive entry opportunity now.
expect fueled solid strong subscriber
Once again, we expect a very solid quarter, fueled by strong subscriber growth.
price profits share strong
Take profits after a very strong share price run.
profit
Excluding this, pretax profit should be up 9 percent.
business emerging expect fight form hard higher lower maintain margins markets pay price proportion share
We expect the emerging markets to form a higher proportion of Ericsson's business in 2006 and Ericsson will have to fight hard in these markets and pay the price of lower margins to maintain its market share lead.
again against capital flows fortuitous gold leg moving price prove providing trends
We find that capital flows trends are once again moving against the dollar, which could prove fortuitous in providing yet another leg to this gold price rally.
buying clearly directors five million month past positive pounds shares spent total
Five of the directors have spent a total of 1.1 million pounds buying shares in the past month ... so they clearly feel some positive things are happening.
barrel barrels clearly doubles per price proven recent strategic
At $41.29 per proven barrel and $111 per 1,000 barrels a day production, the price more than doubles recent deals. Clearly this is a strategic move.
massive period
There would be a massive period of uncertainty.
clearly european remains upside
The valuation of European equities remains supportive, but the upside is clearly shrinking.
asia believe demand despite elsewhere evidence growth higher oil relative somewhat
Oil demand elsewhere in Asia has slowed somewhat relative to 2004, but is still growing. Despite some evidence that demand growth has been impacted by higher prices, we believe this is temporarily moderating demand.
british companies energy european exposed power wholesale
Companies exposed to European wholesale power prices, especially British Energy and E.ON, should benefit.
cash despite flow remain returned strong time
Despite these negatives, a strong cash flow has ensured that monies returned to shareholders remain at all time highs.
clear demand evidence sales
Sales show no clear evidence of demand destruction.