The largest Slovenian bank, with DY of 11% and RoE of 14% is trading just at 0.7 P/B.

NLB is one of the most interesting stories in current markets. IPO was placed 6 months ago, largely unknown to most investors. See my write up on the opportunity https://seekingalpha.com/article/4272036-just-privatized-largest-slovenian-bank-nlb-0_7-p-b   Just published research by InterCapital the largest local broker. Quite bullish   NLB Group – More Than a Dividend Story” Our initiation research for theContinue reading “The largest Slovenian bank, with DY of 11% and RoE of 14% is trading just at 0.7 P/B.”

Trump will fight strong USD.

Who is the best to predict USD movements? I like Gundlach´s view on this: “It seems”, Jeff continued, “that the U.S. president wants a weaker dollar.” There’s another characteristically insightful observation for you. After all, there’s no way you could have surmised that without Jeff’s help… Donald J. Trump @realDonaldTrump China, the European Union andContinue reading “Trump will fight strong USD.”

No brainer trade

I bought 8% weighting of my portfolio in KSA – ishares ETF that tracks Saudi Arabia. MSCI announced that it would include SA in their EM index. SA would become the largest country in the EM space. Each time this happened in the past, there was a 50% run. No brainer trade.   Foreigners ‘toContinue reading “No brainer trade”