I bought a small position in Polish micro-cap Delko SA (WSE:DEL) recently. Delko is active in the wholesale distribution of household chemicals, personal care products and cosmetics in Poland.
Investing in Poland has proven to be a bit challenging for me. The main problems are that almost all of the small companies only report in Polish and that protection for minority investors is weak. It is a common occurrence at Polish micro-caps for insiders, sometimes with the help of a couple of large outside […]
One of the few places where I’m still finding some cheap and small companies is Poland. Last year I made my first investment there in a company called Śnieżka. This post is about another Polish stock that I recently bought: Berling SA (ticker: BRG:WSE). Berling SA is a wholesaler of refrigerating and air-conditioning equipment. The […]