Blogs I follow

• - Last week we saw how a $1 million investment in the original Dividend Champions did over the past nine years. Today, we are going to discuss how a similar ... 13 hours ago • - Save, invest, prosper with My Own Advisor. 2017 Predictions You might already know from reading my site, I enjoy making predictions. I treat them as ent... 1 day ago • - I'm loving this new interview series that focuses on people who are doing extraordinary things with their lives. All of these stories have been incredibl... 1 day ago • - Homeownership is a major personal and financial goal for most young people. It’s also one of the biggest financial challenges. With real estate prices se... 1 day ago • - I have recently become pretty obsessed with online real estate crowdfunding, so when Marcel reached out to me to share a post on the topic with the GYFG ... 1 day ago • - For those who are not yet familiar with our *extensive collection of individual dividend stocks. *The entire collection is currently comprised of *1,412* ... 2 days ago • - This is only a content summary. Please visit our blog to read the full content - http://long-term-investments.blogspot.com 2 weeks ago • - It's time for my May dividend update! For the month of May I was able to earn$366.90 in dividend income. This is a YOY increase of nearly 22% which I'm...
2 weeks ago
• - May is all done, and it proved to be another great month for our household. Our net worth climbed $23,000 to$1,828,000 (another all time record high). Our...
3 weeks ago
• - Its time for me to post dividend income earned from my portfolios: DRIP, DIP, & Roth. I enjoy sharing them as these passive dividend income provides me gre...
3 weeks ago
• - If you had been following along so far, you may have noticed that my latest endeavour was to create a successful internet business from scratch. When I f...
3 weeks ago
• - April is financial literacy month. But I don't think I have anything new to teach you. That's sort of why I've stopped writing, I felt like I was preaching...
2 months 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...
5 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...
11 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...
11 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...
1 year 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 ...
1 year 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
• - Well, here comes my second sell. This one was a long time coming, and I held on far too long. *On 4/7/15, I sold 34 shares of CAG for $38.14 per share. Thi... 2 years 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... 2 years ago Thursday, October 23, 2014 Corticeira Amorim - Quoted in Euronext Company Information One of the most profitable Portuguese companies is Corticeira Amorim. It produces and transforms cork that is now a well known material for all kind of industries from construction to components of space-shuttles! You can learn more about it visiting the - Website of the company; - Yahoo finance information; - Google finance information; - Euronext website. Geographically, revenue come from: Portugal (5%), Europe (61,7%), USA (18,3%), America (ex-USA) (6,8%), Australia (6,6%) and Africa (1,6%). Shares The company issued 133.000.000 stocks and the price is about 3.00€, which corresponds to a market capitalization of almost 400M€ (or$500M)

Free foat is very short, just about 10% of all shares.
Company have 5.5% of own shares.

I will now make a quantitative analysis  of this stock.

2013 Numbers

- Revenue : 542.5M€ ( + 5.5% CARG last 3 years) ;
- EBITDA : 78.1M€ ;
- Profit : 30.3M€ ( + 12.4% CARG last 4 years) ;
- Equity : 301.7M€ ( + 5.2% CARG last 4 years) ;
- Debt/EBITDA : 1.30

2013 Numbers per share

- Revenue : 4.08€
- EPS : 0.228€
- Book value : 2.268€

At march, 31, 2014

• the stock quoted 2.85€, 25% above the book value.
• the Graham Number of this stock was 3.34€.

Dividends

The stock paid a 0.12€ dividend, which is a 4.2% yield on the march, 31, 2014, closing price. Payout ratio 53% :

My opinion

This stock was a clear BUY at the end of march, 2014, and now is trading in the range 2.85€/3.00€.

For me, the stock can reach 4.10€ in the next 3 years, depending on the dividend payout.

This is clearly, a buy oportunity!