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Learning that drives better investment decisions

VMC: Mistake #6 – Underestimating Working Capital Investment

By Andrew Stotz | Aug 21, 2018
#ValuationMasterClass

When forecasting deviations from that trend, have a strong reason and tell the accompanying narrative accurately. There’s nothing wrong with forecasting a change or a difference from the past—just be able to back up your analysis. What a great opportunity to tell the story that you’re seeing!

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Chinese Tightening Supports Growth at Indah Kiat Pulp & Paper

By Become a Better Investor | Aug 20, 2018

PT Indah Kiat Pulp & Paper Tbk is the largest manufacturer of paper pulp, paper, and other paper-related products by sales in Indonesia and one of the largest in the world. Profitable Growth has shown a good trend since 2014.

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The Divisive Returns Gap

By Become a Better Investor | Aug 17, 2018
Top 5 of the Week of August 13 - Become a #betterinvestor

In our Top 5 this week, we look at what makes a great investor, discuss overestimation at the market bottom and the top, and dive into recent passive investing claims. All this and more…

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Excellent Profitable Growth at Indonesia’s Biggest Coal Mining Company

By Become a Better Investor | Aug 16, 2018

PT Tambang Batubara Bukit Asam (Persero) Tbk is the biggest coal mining company in Indonesia. Profitable Growth has consistently ranked in the top 10% which is among the top 33 out of 330 large Energy companies worldwide.

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Good Growth Trend at Indonesian Tech Retailer Erajaya Swasembada

By Become a Better Investor | Aug 15, 2018

Established in 1996, PT Erajaya Swasembada Tbk is an importer, distributor, and retailer of telecommunication devices. Growth has shown an improving trend and ranked at #5 in the past 12 months.

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VMC: The Motivation, Impact, and Pain of Share Buybacks

By Andrew Stotz | Aug 14, 2018
#ValuationMasterClass

A share buyback is when a publicly-listed company uses cash to purchase its shares ‘back’ from the market. Also called share repurchase, the concept gives existing shareholders an option of selling their personal stakes back to the company. The only other way a company can distribute cash in such a manner is through dividends.

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World-Class Profitability at Carlsberg Brewery Malaysia

By Become a Better Investor | Aug 13, 2018

Carlsberg Brewery Malaysia Berhad is 51%-owned by the Carlsberg Group and started production in Malaysia in 1972. The company has shown an excellent Profitable Growth and ranked at #1 for the whole time period.

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“A Battle as Old as Markets”

By Become a Better Investor | Aug 10, 2018
Top 5 of the Week of August 6 - Become a #betterinvestor

In our Top 5 this week, we look at the recent market inversion yield curve, examine the gold versus stocks battle, and learn how knowledge can be a dangerous thing. All this and more…

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Excellent Profitable Growth at ACE Hardware Indonesia

By Become a Better Investor | Aug 9, 2018

PT ACE Hardware Indonesia Tbk holds the master franchise rights of ACE Hardware Corporation, an American hardware retailers’ cooperative, in Indonesia. In the past 12 months, the company ranked among the best 133 out of 1,330 medium-sized Consumer Discretionary companies globally.

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Hotel Shilla Has Found Growth in Duty-Free Shops

By Become a Better Investor | Aug 8, 2018

Hotel Shilla Company Limited is a Korean firm that started in the hotel business in 1979 and later expanded into duty-free shops. Profitability has been poor since 2015 but Growth jumped to #1 from #8 in the past 12 months.

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