Tuesday, June 9, 2009

Partial Bowel Obstruction

niedywidendowego

As a topic, I wanted to describe today made (finally) the transaction.

Bought This paper Kernel , producer edible oils.
Why this company?

Maybe first foundations:
  • Food sector - I do not have to worry that people will stop eating.
  • leader (or at least close headlamp) in edible oils industry in Ukraine, where it is firm.
  • Debt ratio - the general downward trend, although for my tastes quite high (50%), with analysis and comes to me that the board knows how to truly utilize the debt.
  • By Ranking of Listed Companies forecast rate of return method DCF 47%, 35% of the DRI method (I know, I flew to the sitter, but too strong of counting of digits I'm not.)
  • Valuation comparative method in the two indicators show that the company is undervalued (the most important indicator C / Z less than 5, which is nice) as compared with the business. Compared with the averages in WIG only C / WK indicates reevaluation of the company, but it just worries me the least.
  • profitability indicators nice to go up, which means that the company is developing.
    wskaźniki rentowności
  • As far as technical indicators: RSI Above all low around 30, and so the technique is not too much worried. Alternatively
I choose some other companies, but unfortunately the cash was not good (to KER and so I made a ridiculously small order). What were the company and why they did not choose - this may even write today evening.

As we all know - the success is not determined by the purchase, but good sales. So what
considered is the scenario: If
  • swish down the course, I am going to be averaged, I strongly believe in the company, a total of napalałem at it a long time ago, do not know why I bought it just now: P Rather, I do not foresee averaging more than 3, then assume the rate in relation to the average purchase price, its width will decide the rules of capital management and volatility.
  • If the course will fly up, I bet tracking rate, quite broad - because I strongly believe in this company, and besides, the rules of capital management allow me to do this (I bought a really tiny pakiecik , but what advise you how to cash strapped) and generally could be a discount of 50% yet, and so would have little effect on the whole my capital.
Regards.

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