Philip Morris ČR manufactures tobacco products in the Czech Republic. They also own a subsidiary in Slovakia that sells and distributes products there.
Category Archives: European Stocks
HAL offers to buy out TABS Holland minority shareholders
Another day, another buy-out offer for a company in my portfolio. This one, especially, leaves a bad taste in the mouth. HAL Investments has offered to buy-out the remaining minority shareholders, together holding ~4.9% of NPEX listed TABS Holland, at €34,24 in cash per share. I originally wrote about TABS Holland in October 2017. Since […]
Stelios Kanakis acquired by Orkla Food Ingredients
Stelios Kanakis (KANAK.AT), the Greek distributor of ingredients for confectionery and bakery products, made an announcement a couple of days ago that it is being acquired. The buyer is Norwegian company Orkla Food Ingredients. The acquisition will take place via a tender offer and the price offered to shareholders is €4.36. This values the entire […]
Cambria Africa: trading at 3.1x forward earnings
I’ve taken a speculative position in Cambria Africa (LON:CMB). Cambria Africa is an investment company that is building a portfolio of investments primarily in Zimbabwe (I know, hold on!). The company is listed on the AIM market in London.
TABS Holland: a Dutch stock trading at 6.8x earnings
This post is mainly for Dutch readers. I’m writing it in English, because I’m much more familiar with English accounting terms than the Dutch terms. Perhaps the post is of some interest to non-Dutch readers as well. I think you need a Dutch bank account to be able to buy this stock. Also, trading in […]