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Is now the perfect time to buy FTSE 100 stalwart Unilever?

first_img Paul Summers has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Unilever. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. Shares in consumer goods firm Unilever (LSE: ULVR) reached an all-time high of just over 5300p in September last year. Since then, however, the FTSE 100 constituent has fallen distinctly out of favour with the market. December was a particularly rough month for investors after the company revealed that underlying sales growth for 2019 would come in slightly below previous guidance as a result of problems in India and China. The Marmite-maker also stated that growth over the first half of 2020 would likely be below 3%.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Having been such a reliable performer for so many years, is this loss of form a sign that its crown is slipping or a chance for prospective buyers to take a stake on temporary weakness? I’m inclined to say the latter. Growing pains Granted, today’s full-year results were nothing to shout about. As predicted, underlying sales were lacklustre, increasing just 1.5% in the fourth quarter and 2.9% over 2019 as a whole. That said, both percentages were slightly higher than some analysts were expecting. Homecare — the smallest of the firm’s three divisions — provided the biggest lift, registering growth of 6.1%.Despite difficult trading in West Africa, South Asia and the Middle East at the tail end of 2019, sales in emerging markets (a key source of growth for Unilever) also climbed 5.3%. Developed markets “remained challenging” however, especially Europe.At €6bn, net profit was down 38.4% from the previous year due to the sale of its spreads business in 2018. In related news, it was announced today that management would be carrying out a strategic review of its global tea business (which includes brands PG Tips, Lyons and Lipton) suggesting another sale is on the cards.Commenting on the company’s outlook, CEO Alan Jope — who has now been in post for a year — said that underlying sales growth in 2020 was now likely to be “in the lower half of the multi-year 3-5% range” and “second-half weighted”. He reiterated that growth over the first half of Unilever’s financial year would be “below 3%” before adding that it wasn’t possible to gauge the impact of the coronavirus outbreak on trading at the current time. Opportunity knocks?Unilever’s shares were up slightly in early trading, suggesting that market participants were generally satisfied with today’s statement.Based on analyst projections for 2020, this leaves the shares trading on 19 times expected earnings — slightly below the five-year average of 21. While not offering incredible value, I do think this might be a price worth paying for a company with huge geographical diversification and still generating massive free cash flow (€6.1bn in 2019).The return on invested capital — a metric of supreme importance to one of the UK’s best-performing fund managers — has also been consistently high over the years. In 2019, this rose to 19.2%. Many companies would love to report such a number to their investors. Of course, the recent fall in the share price also means a larger dividend for those willing to stick around while the business is reshaped. A mooted 181 euro cents (153p) per share total return in 2020 translates into a decent yield of 3.4%.To say that there is a ‘perfect’ time to buy stocks is stretching things a bit since no one knows where markets will head over the short term. Notwithstanding this, I’m confident the Unilever share price will recover and regard the recent decline as a buying opportunity.  Paul Summers | Thursday, 30th January, 2020 | More on: ULVR See all posts by Paul Summers Our 6 ‘Best Buys Now’ Sharescenter_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Is now the perfect time to buy FTSE 100 stalwart Unilever?last_img read more

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Reliance-BP JV shut down D1/D3 gas field in KG-D6 block offshore India

first_img Reliance-BP JV plans to monetise additional reserves from three projects in the KG-D6 Block. (Credit: Pixabay/D Thory) Reliance Industries and British oil and gas company BP joint venture (Reliance-BP JV) has creased the production from the D1/D3 gas field in Block Krishna Godavari Dhirubhai 6 (KG D6) (KG-DWN-98/3), off the east coast of India.Located in the Krishna-Godavari basin of the Bay of Bengal on the eastern coast of India, the KG-D6 block lies in water depths between 700m and 1,700m, and covering an area of 8,100km².The latest move comes as the D1/D3 deepwater gas field, which commenced production to in April 2009, reached the end of its operational life following extending for almost five years to February 2020.In order to extend the life of the field from original planned 2015, the RIL-BP joint venture has implemented solutions to maximise the recovery from the field while addressing issues of reservoir pressure and water ingress.KG D6 Block has produced 3 trillion cf equivalent of gasReliance said that the KG D6 Block has produced 3 trillion cubic feet equivalent, resulting in saving of about $30bn in energy imports.The joint venture is now planning to invest $5bn for monetising additional 3tcf equivalent (about 500 million barrels of oil equivalent) reserves from three projects in the KG-D6 block.The projects, which include R cluster, Satellite Cluster and MJ fields, will make use of the existing gas production infrastructure.Reliance Industries said in a statement: “The first-gas from these fields is expected in mid-2020. The peak production from these three fields is expected to reach 1 BCFe per day which is about 15% of the then envisaged India’s demand.”In July 2019, US-based McDermott announced the completion of the first of two offshore campaigns for the KG-D6 R-Cluster subsea field development.The McDermott’s campaign involved piggy-back pipelay in S-lay mode offshore in India in approximately 4,265ft water depth as well as the installation of 6-inch lines, PLETs and manifolds to water depths of approximately 6,300ft. The joint venture plans to invest additional $5bn for monetising additional 3tcf equivalent reserves in KG-D6 blocklast_img read more

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Rodgers looking for league consistency

first_imgLiverpool’s exit from Europe may have presented an uncomfortable couple of days for the players, but manager Brendan Rodgers insists it gave everyone a chance to reassess their season. Press Association “When you play as well as we did against Zenit, of course you want the next game sooner rather than later but it wasn’t to be. “We had a period of time to recuperate physically and mentally. The players have been outstanding in training, some of the intensity and quality has been great to see from a coaching perspective. “We’re going into the final run-in now and we really want to push on in these last 11 games. “With the form that we’ve shown, with the Swansea game (a 5-0 victory) and in particular the Zenit game – the performance level against a very good side was fantastic – we just want to keep that going.” center_img Victory over Zenit St Petersburg last week was not enough to prevent the Reds’ last chance of silverware disappearing as a result of the away goals rule. It may be a cliche but it meant Rodgers’ side have to concentrate on the league, and he is hopeful they can bounce back quickly and lift themselves up from a disappointing eighth position. “Certainly it gave us a reflective period to look at the league and focus solely on that, because that’s ultimately where we want to have the consistency,” said the Liverpool boss, whose side have not played since the Zenit match nine days ago. last_img read more

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Austin Rivers decides against rest before Clippers’ loss

first_imgFor whatever reason, no one got Sunday night off to rest before a 111-102 loss to the Pacers.“Everybody’s good,” Clippers coach Doc Rivers said pregame.Whether they are or not, it might be hard to get an honest self-evaluation from Clipper players.Paul and Crawford were both asked Friday how they’d react if they were next to sit, and neither player seemed thrilled with the idea. Still, the Clippers have invested in the biomedical department, and Crawford said he understood why the team would want to utilize the technologies. “We hired a lot of people this summer. And, you know, from a coaching point you just got to trust them,” Rivers said. “They clearly know more than me. A lot of teams are doing it, a lot of teams have raved about him. Honestly, some teams and some of the players on other teams have not liked it. But it’s done for the good of the player and obviously the team, so you just got to trust the process.”Griffin and Redick both had discussions with the Clippers’ player performance staff before ultimately accepting the decision.“You want pushback,” Rivers said.It just probably won’t matter.“No, I can’t be convinced,” he said. “I can be convinced if both sides are willing to negotiate. But I can’t be convinced if the scientists say no. Then that’s no. That’s a fact, and that won’t change.”Pierce playing for defensive purposesThe Clippers’ five-man unit of Austin Rivers, Crawford, Marreese Speights, Raymond Felton and Wesley Johnson, statistically, is the second best defensive group in the NBA. Opponents have scored only 91.1 points per 100 possessions against that lineup – second among 5-man groups that have played at least 100 minutes this season. So, it stands to reason that Rivers has decided to use veteran Paul Pierce instead of Johnson for an offensive boost, right?“And that’s where you’re wrong actually,” Rivers said. “Because actually I think Paul probably knows the positioning better than anyone. Like the Cleveland game, he had two plays where he was in the right spot defensively. “That was more of a defensive decision.”The 5-man lineup with Pierce, Rivers, Crawford, Speights and Felton is allowing 109.6 points per 100 possessions in 31 minutes prior to Sunday’s game. Johnson replaced Pierce in the rotation in the second half after another poor defensive stretch for the bench in the second quarter. Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img LOS ANGELES >> Playing for the 22nd time in just 36 days, Sunday night against Indiana might’ve been the night to tap Chris Paul or Jamal Crawford on the shoulder and tell them it’s time.J.J. Redick had to do it on Friday in New Orleans. Blake Griffin had to do it in Brooklyn.And soon, it’ll be someone else’s turn.Maybe it’s because the Clippers get two days off before the game. Maybe it’s because the workload for Paul and DeAndre Jordan has been a little lighter.last_img read more