Fabryka Farb i Lakierów Śnieżka S.A. (Śnieżka for short) is a company that produces and sells paints and varnishes in Poland and Eastern Europe. Śnieżka showed up in a screen I ran a few months ago and I was impressed with what I saw. Unfortunately the stock didn’t look particularly cheap at that time, so […]
Despec: a net-net at 4x earnings
Despec (company website) is a Turkish company that distributes consumables for the IT sector. The full name of the company is Despec Bilgisayar Pazarlama ve Ticaret AS and the ticker is DESPC:IST. Annual reports in English can be found here. You need to click on “2012 Operation Report” and then you’ll be able to download […]
Stelios Kanakis SA
Stelios Kanakis (company website) is a Greek company that distributes ingredients for confectionery and bakery products. A listing of these products can be viewed here. The company uses two large distribution centers and a number of co-operative distributors to distribute the ingredients to the approximately 2150 customers (in 2012). No customer accounts for more than […]
Sold MTI Wireless Edge
I don’t often write follow-up posts about ideas I post on the blog. When I have done in the past it was usually because I sold at a loss. Today I think it’s appropriate to write an update about my investment in MTI Wireless Edge. Mainly because I responded to a comment on that original […]
LanTroVision: finally ready to return cash?
Sorry for the lack of posts lately. Finding new stocks to buy has become quite a challenge. Perhaps I will write a few posts about stocks I ended up rejecting if the lack of bargains persists. I did buy one new position this week though: LanTroVision (SGX:Q7W) has joined my basket of cheap Singapore small […]