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We visit listed and non-listed companies regularly. We write on topics
that are 'value-added' to investors, focusing on industry trends and
economic developments as they impact individual companies.
We conduct research by collecting information from all sources, and not just published facts.
We are value driven. Criteria used in valuation includes:
Price Earnings Ratio PER, Return on Equity ROE, Free Cashflow FCF, Discount Cashflow DCF, Net
Asset Value NAV, Net Tangible Asset NTA, and we also use the Dupont model where appropriate.
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Core coverage
Companies visited at least every other month, and for which we have full working earnings
models. We comment on relevant news and results as and when they come up.
Non-core coverage
Companies we have visited and formed an opinion about, but do not maintain full
financial models for. For valuation data we will rely on consensus numbers and
management guidance. We do not necessary follow all news and results related to
the company but update after every visit, normally once every 6 months.
Fringe Coverage
These are companies mentioned in our research of other topics and companies. This
could include valuable information on blue-chip companies.
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