Paradise Capital (FX Ventures)

#D_ADS Oct 20 preliminary Q3 results: Record revenue €7.252 billion (+9% / +7% currency-neutral). Record operating profit €1.008 billion (+37%). Gross margin expanded +2.5 pp to 54.3%. Boosted by strong full-price sales (football, running, training) + ≈ €200 m…

#EURGBP Short-term bias is mildly bearish for EURGBP (i.e. pound strength):Near-term range: 0.83–0.85 Consensus by end-2026: around 0.86 (some euro recovery expected later)

#S_MCD Dividend raised (now ~$7.72 annualized, ~3.1–3.2% yield); 50th consecutive annual increase (Dividend King status).

#GBPUSD 📈 Stronger-than-expected UK jobs data (unemployment falling to 4.7% in the three months to August) has boosted expectations for a Bank of England rate hike on November 5 (now almost fully priced in), supporting sterling. 🇬🇧 A softer USD (partly linked…

#D_HEI (Heidelberg Materials) – Short Fundamental Price: ~€142 Trailing P/E: ~12.3x Forward P/E: ~11x Dividend yield: ~2.5% Analyst consensus: Buy Average target: ~€205–206 (+44% upside) Key points: One of the world’s largest cement and building materials prod…

#H_1109 (China Resources Land) – Short Fundamental Price: ~HK$29.5–30.5 Trailing P/E: ~7.8x Forward P/E: ~8x P/B: ~0.6x Dividend yield: ~4.5% Analyst consensus: Strong Buy Average target: ~HK$41.8 (+40% upside) Key points: One of the highest-quality Chinese pr…

#D_ADS (Adidas) – Short Fundamental Price: ~€145 Trailing P/E: ~18–19x Forward P/E: ~13–15x Dividend yield: ~1.9–2.0% Analyst consensus: Buy Average target: ~€196–200 (+35% upside) Key points: Brand is recovering with improving sales momentum, especially in ke…

#A_FMG (Fortescue) – Short Fundamental Price: ~A$16.20–16.40 Trailing P/E: ~12x Forward P/E: ~14x Dividend yield: ~6.5% (high) Analyst consensus: Hold Average target: ~A$17.30–17.40 (+7–8% upside) Key points: Major iron ore producer. High dividend is attractiv…