Capelli SA is a French company that is active in the real estate sector, primarily in France. At the current price of €1.53 the market capitalization of the company is €20.3 million. Book value on March 31, 2013 was €32.8 million. The company is also a net-net: taking current assets of €100.6m and subtracting all […]
Category Archives: European Stocks
Is this Greek elevator company ready for lift off?
In my previous post about Greek net-net AS Company I mentioned I like another Greek stock. The name of the second company is Kleemann Hellas SA (company website). Kleemann produces elevator systems. Products include: hydraulic elevating mechanisms (piston, power unit, car frame), electromechanical elevating mechanisms (machine, car frame, counterweights), cabins, electronic controllers, electronic systems and […]
A microcap net-net in Greece
A few weeks ago I read this article about Fairfax Financial’s investments in Greece. In that article Prem Watsa had some interesting comments on the Greek economy: “In terms of the economy, the last four or five years have been very tough for Greece,” Fairfax Chairman and Chief Executive Officer Prem Watsa said in a […]
Belgravium update
Tom Russo looks for something he calls “the capacity to suffer” in the companies he invests in. This is the willingness of a company to suffer poor initial returns on an investment in order to gain a big competitive advantage at a later time. For example a company that invested heavily in China since the […]
Leeds Group
It has been a while since I last posted. I don’t really have a regular posting schedule for the site at this point. The best way to keep up with new posts is to subscribe to the RSS feed or follow me on Twitter. One interesting stock I recently found on the AIM market in […]