## Blogs I follow

• - The insurance industry has created many great fortunes. That's because it's slow changing and highly profitable. Investing in insurance stocks is how Shelb...
13 hours ago
• - If you have viewed our family's *Net Worth Page*, you probably already know that it does not include the equity in our home. Although, we do realize that...
1 day ago
• - Save, invest, prosper with My Own Advisor. After 12 months of campaigning, mudslinging, attack ads, apologies – and oh yes, an election – the day (we’ve ...
2 days ago
• - Today marks the ninth birthday of the Dividend Growth Investor blog. It is unreal that I have managed to keep this up for 9 years in a row. There have been...
2 days ago
• - What a year 2016 turned out to be. As many of you who have already read my short list of 2017 goals know, this year I am guilty of setting too many goals...
2 days ago
• - Want to learn how to pay off student loans? With my student loan repayment plan, I was able to pay off $40,000 in student loan debt in 7 months! One of t... 3 days ago • - What's the best way to fight off winter's chill? Spend a week cruising the Caribbean of course! Right before Christmas the Root of Good family did exactly ... 4 days ago • - I’m looking for companies that are fairly valued, have a decent dividend yield(3% to 6%) and have a fairly long history of paying dividends consistently fo... 5 days ago • - I’m kicking off the New Year with a HUGE giveaway to help you start off 2017 on the right financial foot. There’s over$1,000 in awesome prizes to be won...
5 days ago
• - It's time for my December dividend update! I'm a bit late posting my results as I've become quite lazy with my blog and suffering from a bit of burnout to...
6 days ago
• - It has been quite a while since I posted last. So much going on, and just so little time. Lit’s of things have been happening. My daughter has won many bea...
1 week ago
• - As I am writing this post right now, a good friend of mine is somewhere backpacking through Europe and is uploading her adventures on Instagram. I would ...
4 months ago
• - Hi everyone, I hope everyone had a great week! I'm ready to spend the weekend relaxing and maybe catching a movie with the wife. As far as an update, I h...
5 months ago
• - It wasn’t all that long ago that retirees could count on decent yields from stable, fixed-income investments. Ten years ago, it was easy to find 5% yield...
6 months ago
• - Stock stalking is a weird hobby. In general I do not "follow" any particular investor's activities. However, there are a couple that I have followed of so...
7 months ago
• - [image: Lemur Madagascar] Brown Lemur - Kirindy Forest, MadagascarIt's been a while since I last wrote.... Well, to be fair I wrote a few posts but never r...
7 months ago
• - Two Purchases for January 2016 (Amgen and 3M) During the month, I made another purchase of Amgen (AMGN). It seemed to be a good time to buy and it starts ...
11 months ago
• - I find myself in a position to make a deal with the devil that could substantially increase my annual day job salary starting in 2016. More cash means mo...
1 year ago
• - Para fazer intraday, além da análise técnica, podemos e devemos tomar atenção ao calendário económico e de preferência ao minuto, aqui vamos seguir todas a...
1 year ago

## Friday, September 04, 2015

Since last sale, I have done 3 buys and 2 sells.
I now own a company that I will reveal later.

At the end of August'2015, my portfolio was up 6% from Dec,31,2014.
Not bad, but missed the going up of Corticeira Amorim, the company I was trading.

Corticeira Amorim is now, in my opinion, above fair value so I give up trading it.

See you soon!

## Thursday, July 09, 2015

### Corticeira Amorim - sell

Considering the turmoil the markets have seen these days, I sold my shares and hope to buy them at a little lower price.

This sale was made at 4.135€ representing 1.0% profit, after commissions and fees.

Not bad, in a one month! See you soon!

## Wednesday, June 17, 2015

### Corticeira Amorim - A new buy

Since this is a rather iliquid stock, I didn't mentioned the buy earlier.
A few days ago, I bought again at 4.095€.

Unfortunately, the stock price is under that since that day. Today, it closed at 3.90€.
Not worried, since it is a great company

At my price it has a PER of 13.8 and profits are climbing >10% YOY the last few years.

I'm ok being a shareholder, and wait for the upside I hope for this stock.

## Tuesday, April 14, 2015

### Corticeira Amorim - no upside potencial

I've been watching this stock for a while and made some trading.

From the begining of 2015, the stock went from €3.00 to €4.20 (this moment price), or, a 40% gain. It was a rather impressive climb, but I think this it is now ended.

In the period, I made 5 trades making a profit of 20%. Not much, but then, I am a rather conservative investor.

In my opinion, this is a stock to sell now, for those who own it, or to wait for some dip in price to buy again.

My price target has been attained: €4.20! I predict it will have a 14 PER and a 1.70 P/B this year. As it is a very small free-float company and in a business that is not growing much near times, I think risk is now too much to buy this stock.

Although, the 3.3% yield can be a reason to maitain it, for those who have some shares.

I will continue to follow it, but with no more trading in the next days/weeks.