{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/f97d0b827e9b4e2c98dd5279fc5a3790\" frameborder=\"0\" width=\"1120\" height=\"840\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":840,"width":1120,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":840,"thumbnail_width":1120,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/f97d0b827e9b4e2c98dd5279fc5a3790-1e5136474bbfd720-full.jpg","duration":119.63,"title":"Kingfisher Coverage Initiation","description":"Good morning! In this video, I’m excited to share our coverage initiation of Kingfisher, a leading home improvement company with a fair value of 340p. We’ve analysed their management strategy and expect their successful online expansion to continue in various European markets. Our projections indicate an 11% compound annual growth rate in adjusted PBT and nearly 20% in earnings per share after share buybacks. I’d love for you to review the charts and provide your thoughts on our blue sky scenario for 2028."}