I asked you one day whether you would like to see an example of a company's research report. Recently I had an opportunity to conduct a fundamental analysis of Starbucks using a bottom-up approach and I made such a report. I want to emphasize that it is not an investment recommendation and I attach it ONLY for education purposes. As you probably know I am usually trying to be cautious with my analysis and the target I came with as well as forecasts are quite conservative as well (Starbucks has already reached my target).

All analysis has been made as of 06.12.2019 share price, more than a month ago.

Let me know what do you think.

Thank you! Seb.