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INCH LN, Full Analysis, Significant Business Transformation Underway

 

  • Significant Business Transformation Underway For Luxury Dealership Inchcape Plc
  • Shift Towards Higher Margin Distribution Business To Create Margin Expansion Opportunity
  • INCH to Leverage on CEO's Operational and Marketing Acumen Coupled with His Previous Experience in Similar Geographies
  • Potential Separation of the Retail & Distribution Businesses Over the Long-Term / Future Takeover Target for OEMs Likely
  • Upside: +18% (Base Case), +29% (Bull Scenario 1), +43% (Scenario 2), +39% (Scenario 3)
  • INCH Increases MP Holding by +1% Weighting at the end of Monday's (June 12) VWAP

 

Underlying
Inchcape plc

Inchcape is engaged as an automotive Distributor and Retailer with global scale. Co. has four operating segments: Asia, which is the Distributor and exclusive Retailer for Toyota, Lexus, Hino and Suzuki and operate Distribution and exclusive Retail for Jaguar Land Rover and Ford in Hong Kong; Australasia, which operates multi-franchise Retail operations in Sydney, Melbourne and Brisbane; U.K. and Europe, which Retail operations across the main regions of the U.K focused on premium and luxury brand; and Emerging Markets, which in South America, Co. has BMW Distribution businesses in Chile and Peru as well as Subaru and Hino operations across these markets, Colombia and Argentina.

Provider
The Edge Group LLC
The Edge Group LLC

The Edge Group - Global Fundamental Catalyst Investing. The Edge provides investors with access to hidden corporate value from Global Special Situations using a pioneering approach to investments. Founded in 2005 by fund management and investment banking professionals to provide high quality, private equity-level research on Global Corporate Divestitures for the benefit of fundamental event-driven, growth and value-oriented investors in this difficult to track, but proven investment space.

The Edge will look to screen and analyze include Spinoffs; Reverse Morris Trusts; Squeeze Outs; Privatizations; Demutualization; Deep Discounted; Rights Issues; Rights Offering; Restructuring; Insider Purchases / Buying Change of Management / CEO Change; Deteriorating fundamentals; Post-Bankruptcy; Reorganization; Tender Offer; M&A Deals; Secondary Offering; Share Swap; Thrift Conversions; Share Buybacks; Activist; Mergers. All analyzed from a fundamental point of view.

 

 

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