Global diversity for the win

  "That does not mean that there are no investment opportunities, it means two things however for companies with a completely emerging market business, a) the valuations are likely to be subdued on a weakening growth outlook and b) they are more likely to pay up for opportunities elsewhere, and by that I mean offshore. … Continue reading Global diversity for the win


Sugar, Spice and All Things Nice

  "We would rather own Holdsport, Nike, Under Armour, businesses that are working to make you healthier, equally Discovery, rather than producers of products that global bodies are trying to reduce your intake thereof. Make sense? British American Tobacco also falls within the no go category for us. So far we have been wrong on … Continue reading Sugar, Spice and All Things Nice


"You will remember that something similar happened last year when they released a trading statement that was also heavily impacted by currency moves. I think the company missed a trick by not giving more information on the impact of the currency, the SENS leaves a lot to the imagination which makes the share price move … Continue reading Massfart