I don't know why I'm doing this. I had done quite a lot of work on Kotipizza but did not make a decision on buying it. Waited and procrastrinated all that, waiting for lower prices etc. And did nothing, and now the stock had a big move (at the time it was below 5 and as … Continue reading Should’ve, could’ve, would’ve…hindsight wisdom re Kotipizza
Month: December 2015
Medical Investment Trust: Private investment company 0.57 P/B
Background Medical Investment Trust (MIT) is an investment company from Finland traded at private/OTC markets. It last traded at 0.57 P/B valuation despite lower fees than index fund and decent performance, presumably due to VERY low liquidity and no public reporting, not even a website. MIT used to be listed in the 80's and was … Continue reading Medical Investment Trust: Private investment company 0.57 P/B
Ferronordic Machines: Russia, P/E 5 and 30% growth
Background Ferronordic Machines is the official Volvo Construction Equipment dealer in Russia. End of 2014 it had 75 dealership all over the country, from St. Petersburg over Siberia all the way up to Vladivostok. It's simple razor and blades business. First sell the machine and then spare parts and service to that machine. Equipment sales … Continue reading Ferronordic Machines: Russia, P/E 5 and 30% growth