Los Angeles, Aug 6 (IANS) Los Angeles Lakers star LeBron James feels NBA community is not at all sad with respect to losing US President Donald Trump as a viewer.
Trump had earlier stated that watching basketball players take a knee during national anthem in the NBA forces him to turn off the game.
"I really don't think the basketball community is sad about losing his viewership, him viewing the game," James said following the Lakers' loss to the Oklahoma City as per ESPN. "And that's all I got to say."
"I already know where this could go, where it could lead to for tomorrow for me. I'm not going to get into it," he added.
Sports personalities have been taking a knee as part of the 'Black Lives Matter' movement that has been going on across the world since the death of Geroge Floyd at the hands of a Minneapolis police personnel in May.
LA Clippers' coach Doc Rivers also weighed into the issue and stated people don't care regarding Trump's stance as justice is on their side.
"Well, we lost one guy," Rivers told reporters as per ESPN. "I mean, so what. Like really, I don't even care. We know that justice is on our side. Right?"
Trump had earlier said that NBA is losing its viewership because of people like him not wanting watch it anymore.
"The ratings for the basketball are way down, as you know," the US President had said on Fox and Friends. "I hear some others are way down, including baseball. We have stand up for our flag, stand up for our country.
"A lot of people agree with me. If I'm wrong, I'm going to lose an election. That's okay with me. I will always stand for our flag," he added.
New Delhi, Sep 28 (IANS) Investment experts have projected a positive turnaround for the ITC stock with 41 out of 43 analysts on Bloomberg giving a "buy" or "Hold" call for the stock.
As per JM Financial, the addressable opportunity for ITC is still $ 22 billion - larger than even HUL's 'size of markets' and more than three times that of Nestle India's.
ITC in FY30 could clock an FMCG EBITDA that is higher than the combined FY20 EBITDA of Nestle India, Britannia, Tata Consumer, JM Financial said.
It said that ITC's FMCG segment is possibly one of the most under-appreciated businesses in the Indian consumer space in recent times.
"We suspect the market may not have taken a holistic look yet; our understanding of Indian consumer categories tells us that ITC FMCG today addresses market opportunities that are Rs 2.1 trillion ($ 28 billion) in size in aggregate. Even if one excludes a couple of nascent Dairy products from the portfolio, the addressable opportunity for ITC is still $ 22 billion - larger than even HUL's 'size of markets' and more than three times that of Nestle India's," it added.
"Profitability is low at present, but we reckon that with investment-phase largely done (though some new categories are still in incubation stages), profits and cash-generation would get much bigger here onwards," the report said.
As per Centrum Broking, "In our deep dive analysis into ITC's foods business we conclude that it is at the cusp of a take-off both in terms of top-line and margins."
"ITC is emerging as a foods company, more comparable to Nestle than HUL. Branded packed food consistently gaining saliency given the management focus (saliency increased from 71 per cent of other FMCG in FY14 to 81 per cent in FY20)," it added.
It is the only company which has successful brands from staples (Aashirvaad) to RTC and RTE (Sunfeast, Bingo, Yippee etc.).
ITC has made consistent investments in brand building over the past decade helping create brands across the branded packed food categories from staples a and dairy to RTC and RTE. Aashirvaad, Sunfeast, Bingo and Yippee now account for Rs 60 billion, 40 billion, 27 billion and 13 billion in consumer spend terms.
As per BNP Paribas, there is a faster than expected recovery in ITC's cigarette business. The catalyst for ITC is a faster than expected recovery in cigarette volumes and higher than expected margin expansion in the FMCG business.
As per B&K Securities, a turnaround in cigarette volumes is expected from September onwards. "We believe the gradual lifting of start/stop lockdowns in most states, opening up of bars/clubs in some states and more attendance in offices due to lesser fears from Covid-19 will lead to the marginal smoker slowly coming back. Given the fact that 30 per cent of the smokers' user base comprises of non-regular smokers who have been impacted by the start/stop lockdowns, we feel the industry figures will start looking up from September 2020," it added.