Blogs I follow

Tuesday, November 18, 2014

Corticeira Amorim - buy

I'm glad to say that I'm a Corticeira Amorim shareholder.
I bought some shares with final price €3.03, including fees and comissions.

By this price, I have:

P/B : 1.28
PER : 11.2
Yield : 3.96%

I think I made a good deal but this is a rather especial stock, since free float is low. I might sell the stock if price goes up fast.

Cheers!

2 comments:

  1. That's a pretty nice yield for this stock. I wish I knew about this company. I like that you are showcasing a lot of companies many in the U.S. never heard of. Thanks for sharing.

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    Replies
    1. Thanks for reading and commenting. I will only speak about portuguese companies, that are very small comparing with US companies, but I think value is everywhere, even in small companies of small coutries.
      Some of these, I guess all, have sales all over the globe, so can be good trades/investiments.

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