Latest news with #Analyst
Yahoo
3 days ago
- Business
- Yahoo
Michaud Capital Management Names André Mehta Senior Managing Director
Multi-family Office Extends Presence to the East Coast DENVER, May 28, 2025 /PRNewswire/ -- Michaud Capital Management (MCM), an independent, employee-owned multi-family office serving select families and private foundations, has appointed seasoned investment and family office executive André Mehta as senior managing director. Mehta will be based in Boston. Mehta will lead MCM's client success initiatives, partnering with clients on strategic investment planning, portfolio construction, and manager selection. He will also drive business development and play a central role in shaping the firm's investment strategies and working cross-functionally to help clients achieve their long-term financial goals. "We are thrilled to welcome André to our leadership team," said Joe Michaud, founder and managing partner at Michaud Capital Management. "With more than 25 years of global investment experience, André brings a rare combination of technical expertise, thoughtful leadership, and a deep understanding of the complex needs of multigenerational families." Mehta joins MCM following more than two decades at Cambridge Associates, where he served as a partner and led one of the firm's investment teams, advising foundations, pensions, and private clients. Earlier in his career, he held roles at the Yale Investments Office, J.P. Morgan, GMO (Grantham, Mayo, Van Otterloo & Co.), and Baker Investments Group. He is a Chartered Financial Analyst (CFA). "André's background and collaborative approach to serving families give him a unique perspective on the art and science of portfolio management," Michaud added. "His commitment to simplifying complexity and aligning portfolios with client values mirrors our mission at MCM." Working alongside Patrick Kanouff, Erin Bawa, Allyson Ross, and Peyton Garnsey, Mehta expands MCM's geographic footprint to the East Coast and enhances its ability to deliver highly personalized, holistic advice across a growing client base. "Our seasoned and dedicated team enables us to tailor engagement models and reporting structures to fit the evolving needs of each family or institution," said Mehta. "That flexibility is key to delivering continuity and value as clients navigate increasingly complex financial landscapes." MCM's investment philosophy is rooted in the belief that a thoughtfully designed strategic plan can add meaningful long-term value. The team considers each client's full ecosystem, looking not only at individual assets but also how they interact, allowing for fully customized solutions aligned with each family's goals and values. Serving clients with the care of a single-family office, MCM provides the added advantage of the access, scale, and expertise of a global multi-family platform. The firm acts as a quarterback for its clients, ensuring seamless coordination across all aspects of their financial lives and relationships. In addition to his professional work, Mehta serves on the boards of two Boston-based nonprofits, Pine Street Inn and Lesley University, and regularly helps families design and implement philanthropic strategies. Mehta holds a Master of Public and Private Management from the Yale School of Management and a Bachelor of Arts from Vassar College. About Michaud Capital Management Michaud Capital Management, based in Denver, Colorado, is an independent, employee-owned multi-family office serving a select group of families and private foundations. Since 2012, the firm has provided highly personalized investment and administrative services designed to simplify the complexities of family wealth. MCM is guided by a team that values excellence, expertise, and discretion. View original content to download multimedia: SOURCE Michaud Capital Management Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Mid East Info
23-05-2025
- Business
- Mid East Info
Seagate Highlights Strategy to Build Long-Term Value in Today's Data-driven World at 2025 Investor and Analyst Event
Seagate Highlights Strategy to Build Long-Term Value in Today's Data-driven World at 2025 Investor and Analyst Event Sets new financial targets through FY2028, underpinned by the adoption of Seagate's first-to-market HAMR technology and continued focused execution Unveils differentiated product roadmap, with clear path from Mozaic 3+TB/disk to 10+TB/disk Increases share repurchase authorization to $5 billion Dubai, United Arab Emirates, May 23, 2025 – Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, today hosted its 2025 Investor and Analyst Event and outlined the Company's clear strategy to capture growth opportunities ahead, drive profitability and build long-term value for customers and shareholders. 'Technology innovation and AI are fueling exponential data growth and driving demand for the hard drive storage industry. Seagate today is uniquely positioned to capture this opportunity with our Mozaic portfolio powered by market-leading HAMR technology. Our differentiated portfolio addresses critical data center challenges, including cost, scale and sustainability, enabling us to deliver storage solutions for customers from cloud to edge,' said Dave Mosley, Seagate's chief executive officer. 'Since our last Investor and Analyst Event in 2021, we have made structural improvements to extend demand visibility, maintain supply discipline, optimize product mix, and streamline cost structure. We are a stronger company today thanks to the dedicated efforts of our global team. This is an incredibly exciting time at Seagate, and we are confident we have the right technology and strategy to lead the next era of storage in today's data-driven world, while delivering enhanced value to shareholders,' concluded Mosley. During the event, the Company outlined new financial targets for the period through FY2028, which are supported by the adoption of HAMR technology. Additionally, Seagate announced today that its Board of Directors has increased Seagate's share repurchase authorization to $5 billion, underscoring its commitment to capital returns and confidence in the future. The authorization does not have a time limit and any share repurchases will be dependent on Seagate's financial position, results of operations, available cash, cash flow, capital requirements, distributable reserves, and other factors deemed relevant by the Company. Event Materials and Replay The full presentation and replay from today's 2025 Investor and Analyst Event can be accessed on Seagate's Investor Relations website at
Yahoo
22-05-2025
- Business
- Yahoo
Seagate Highlights Strategy to Build Long-Term Value in Today's Data-driven World at 2025 Investor and Analyst Event
Sets new financial targets through FY2028, underpinned by the adoption of Seagate's first-to-market HAMR technology and continued focused execution Unveils differentiated product roadmap, with clear path from Mozaic 3+TB/disk to 10TB/disk Increases share repurchase authorization to $5 billion FREMONT, Calif., May 22, 2025--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, today hosted its 2025 Investor and Analyst Event and outlined the Company's clear strategy to capture growth opportunities ahead, drive profitability and build long-term value for customers and shareholders. "Technology innovation and AI are fueling exponential data growth and driving demand for the hard drive storage industry. Seagate today is uniquely positioned to capture this opportunity with our Mozaic portfolio powered by market-leading HAMR technology. Our differentiated portfolio addresses critical data center challenges, including cost, scale and sustainability, enabling us to deliver storage solutions for customers from cloud to edge," said Dave Mosley, Seagate's chief executive officer. "Since our last Investor Day in 2021, we have made structural improvements to extend demand visibility, maintain supply discipline, optimize product mix, and streamline cost structure. We are a stronger company today thanks to the dedicated efforts of our global team. This is an incredibly exciting time at Seagate, and we are confident we have the right technology and strategy to lead the next era of storage in today's data-driven world, while delivering enhanced value to shareholders," concluded Mosley. New Financial Targets During the event, the Company outlined new financial targets for the period through FY2028, which are supported by the adoption of HAMR technology. Target Performance1 Revenue Low-to-mid teens CAGR Gross Margin (Non-GAAP) 40% with further expansion opportunity, and Incremental margin of ~50%, starting at $2.6 billion in quarterly revenue Operating Expenses (Non-GAAP) ~10% of revenue Capital Expenditures 4-6% of revenue Capital Returns >75% of free cash flow 1 Target performance covers period through FY2028. Revenue CAGR corrected to reflect period covering FY2025-FY2028. Increased Share Repurchase Authorization Additionally, Seagate also announced today that its Board of Directors has increased Seagate's share repurchase authorization to $5 billion, underscoring its commitment to capital returns and confidence in the future. The authorization does not have a time limit and any share repurchases will be dependent on Seagate's financial position, results of operations, available cash, cash flow, capital requirements, distributable reserves, and other factors deemed relevant by the Company. Event Materials and Replay The full presentation and replay from today's 2025 Investor and Analyst Event can be accessed on Seagate's Investor Relations website at About Seagate Technology Seagate Technology is a leading innovator of mass-capacity data storage. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped over four billion terabytes of data capacity and offers a full portfolio of storage devices, systems, and services from edge to cloud. To learn more about how Seagate leads storage innovation, visit and our blog, or follow us on X, Facebook, LinkedIn, and YouTube. ©2025 Seagate Technology LLC. All rights reserved. Seagate, Seagate Technology, Mozaic 3+, Exos, and the Spiral logo are trademarks or registered trademarks of Seagate Technology LLC in the United States and/or other countries. All other trademarks or registered trademarks are the property of their respective owners. When referring to drive capacity, one gigabyte, or GB, equals one billion bytes, one terabyte, or TB, equals one trillion bytes, and one exabyte, or EB, equals one quintillion bytes. Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical fact. Forward-looking statements include, among other things, statements about the Company's plans, programs, strategies, prospects, and opportunities; financial outlook for future periods, including through fiscal year 2028; expectations regarding market demand for the Company's products, our visibility into such demand and our ability to optimize our level of production and meet market and industry expectations and the effects of these future trends on Company's financial and operational performance, including our ability to deliver profitable growth; anticipated shifts in technology and storage industry trends, and anticipated demand and performance of new storage product introductions, including HAMR-based Mozaic products; the Company's capital allocation strategy, including potential repurchases of its common stock; and expectations regarding the Company's business strategy and performance. Forward-looking statements generally can be identified by words such as "expects," "intends," "plans," "anticipates," "believes," "estimates," "predicts," "projects," "should," "may," "will," "will continue," "can," "could" or the negative of these words, variations of these words and comparable terminology, in each case, intended to refer to future events or circumstances. However, the absence of these words or similar expressions does not mean that a statement is not forward-looking. Forward-looking statements are subject to various uncertainties and risks that could cause our actual results to differ materially from historical experience and our present expectations or projections. These risks and uncertainties include, but are not limited to, those described under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's latest periodic report on Form 10-Q or Form 10-K filed with the U.S. Securities and Exchange Commission. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to us on, and which speak only as of, the date hereof. The Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made, unless required by applicable law. The inclusion of Seagate's website addresses in this press release are provided for convenience only. The information contained in, or that can be accessed through, Seagate's websites and social media channels are not part of this press release. View source version on Contacts Investor Relations Contact: Shanye Hudson, (510) Media Contact: Karin Taylor, (408) Sign in to access your portfolio
Yahoo
11-05-2025
- Business
- Yahoo
Are Lim Seong Hai Capital Berhad (KLSE:LSH) Investors Paying Above The Intrinsic Value?
Using the 2 Stage Free Cash Flow to Equity, Lim Seong Hai Capital Berhad fair value estimate is RM0.56 Current share price of RM0.76 suggests Lim Seong Hai Capital Berhad is potentially 35% overvalued Our fair value estimate is 51% lower than Lim Seong Hai Capital Berhad's analyst price target of RM1.15 In this article we are going to estimate the intrinsic value of Lim Seong Hai Capital Berhad (KLSE:LSH) by projecting its future cash flows and then discounting them to today's value. This will be done using the Discounted Cash Flow (DCF) model. Believe it or not, it's not too difficult to follow, as you'll see from our example! We generally believe that a company's value is the present value of all of the cash it will generate in the future. However, a DCF is just one valuation metric among many, and it is not without flaws. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. We are going to use a two-stage DCF model, which, as the name states, takes into account two stages of growth. The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second 'steady growth' period. In the first stage we need to estimate the cash flows to the business over the next ten years. Seeing as no analyst estimates of free cash flow are available to us, we have extrapolate the previous free cash flow (FCF) from the company's last reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF (MYR, Millions) RM30.8m RM30.0m RM29.8m RM29.9m RM30.4m RM31.0m RM31.8m RM32.7m RM33.7m RM34.8m Growth Rate Estimate Source Est @ -5.30% Est @ -2.63% Est @ -0.76% Est @ 0.55% Est @ 1.46% Est @ 2.10% Est @ 2.55% Est @ 2.87% Est @ 3.09% Est @ 3.24% Present Value (MYR, Millions) Discounted @ 10% RM28.0 RM24.7 RM22.2 RM20.3 RM18.7 RM17.3 RM16.1 RM15.0 RM14.1 RM13.2 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = RM190m We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (3.6%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 10%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = RM35m× (1 + 3.6%) ÷ (10%– 3.6%) = RM545m Present Value of Terminal Value (PVTV)= TV / (1 + r)10= RM545m÷ ( 1 + 10%)10= RM206m The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is RM396m. In the final step we divide the equity value by the number of shares outstanding. Compared to the current share price of RM0.8, the company appears reasonably expensive at the time of writing. Remember though, that this is just an approximate valuation, and like any complex formula - garbage in, garbage out. Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Lim Seong Hai Capital Berhad as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 10%, which is based on a levered beta of 1.116. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. See our latest analysis for Lim Seong Hai Capital Berhad Strength Earnings growth over the past year exceeded the industry. Debt is not viewed as a risk. Dividends are covered by earnings and cash flows. Weakness Earnings growth over the past year is below its 5-year average. Dividend is low compared to the top 25% of dividend payers in the Specialty Retail market. Current share price is above our estimate of fair value. Opportunity Annual earnings are forecast to grow faster than the Malaysian market. Threat Revenue is forecast to grow slower than 20% per year. Valuation is only one side of the coin in terms of building your investment thesis, and it ideally won't be the sole piece of analysis you scrutinize for a company. DCF models are not the be-all and end-all of investment valuation. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. For example, changes in the company's cost of equity or the risk free rate can significantly impact the valuation. Why is the intrinsic value lower than the current share price? For Lim Seong Hai Capital Berhad, there are three important elements you should look at: Risks: For instance, we've identified 1 warning sign for Lim Seong Hai Capital Berhad that you should be aware of. Future Earnings: How does LSH's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the KLSE every day. If you want to find the calculation for other stocks just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Mail
10-05-2025
- Entertainment
- Daily Mail
Charles Barkley dares ESPN to fire him from 10-year, $210m contract before he's even made his network debut
Charles Barkley insists the NBA 's impending move to ESPN will not change anything about the way he behaves... and he's more than willing to be fired for airing his views. The NBA icon is set to join his 'Inside the NBA' colleagues in their move from TNT to ESPN next season, but will not be holding back on the stricter network. Instead, Barkley is even calling ESPN's bluff and daring them to fire him before he's even made his first appearance on air. 'I'm not going to change my personality,' he told Outkick when asked whether anything would change next season. 'They can't fire me! I make too much money to get fired. So, they can't fire me. First of all, if they fire me, they got to pay me for seven years, and I'm going to quit way before then. 'But if they want to fire me, I would love for them to do that. The only decision we've been making is how long I'm going to work… I'm not worried about getting fired. And nobody at ESPN is going to tell me what to say or do. Period.' Barkley is a long-time host on 'Inside the NBA', which will be moving from TNT Sports to ESPN after the latter bought the rights to show the NBA. The ex-NBA MVP and 11-time All-Star is said to have signed a 10-year, $210m contract to be an analyst on the iconic NBA show back in 2022, and therefore has plenty of years left to go. ESPN has plenty of other shows that will likely be desperate to have Barkley on them, including First Take, Get Up and The Pat McAfee Show, but it appears he has no intention of doing more than he's contracted to do. 'Nobody's going to tell me what to say, or what to do. I get upset. [ESPN] is like, "The Lakers are contenders." I'm like, "No, they're not." They know they're not contenders.' He even took aim at a soon-to-be ESPN colleague, noting: 'Kendrick Perkins, who don't know his ass from a hole in the wall, he's like, "The Lakers are contenders. The Lakers are contenders." 'And I said, "They're not contenders." And, clearly, if you lose in the first round [of the playoffs], you aren't a contender.' Barkley has been very outspoken about TNT's loss of the rights to show the NBA, initially claiming he was going to retire after the news was announced. He then U-turned 'to make sure the people I love and work with for the last 25 years got a job'.
