Every month we'll be sharing a breakdown of our investment ideas. Previously we’ve discussed potential investment ideas such as Hanesbrands and Turtle Beach Corporation in the USA. Today we’ll discuss our investment in Ferrexpo in Ukraine. Ferrexpo Plc (LON: FXPO)
Brilliant find mate. I especially loved how you segregated the good, bad & the ugly.
Overall thoughts - Though there are corporate governance issues, management has been paying fair dividends over the years. Even accounting for the worst earning year in the last decade (2015), we still get a 10% earnings yield.
Brilliant find mate. I especially loved how you segregated the good, bad & the ugly.
Overall thoughts - Though there are corporate governance issues, management has been paying fair dividends over the years. Even accounting for the worst earning year in the last decade (2015), we still get a 10% earnings yield.
Prima facie, looks compelling.