After the post on FairPlay, several people contacted me with questions about Bulgarian REITs and the real estate market. So, I compiled some historical data on house prices and rents in major cities. Unfortunately, information about the resorts is scarce…
This just in, BYD (BYDDF:US) will start a 50-50 joint venture with Bulgarian energy company Bulmineral. The plant will be located 50 km west of Sofia, in Breznik. Production will focus on electric buses for Europe, the Middle East and…
A 90% price drop doesn’t immediately make a company cheap, but it definitely makes it worth a look. I lifted this idea from fellow value investor @DPBakalov, who also tipped me about Yuri Gagarin, which I wrote up previously. But…
In the past two months, I have spent a good part of my free time and then some following different free online courses offered by top US and Canadian universities on the Coursera platform. The idea of massive open online…
I have had National Western Life Insurance ($NWLI) on my radar for some time now. Company Profile National Western Life Insurance sells life insurance and annuity products including individual, universal, whole, and term plans. The company operates throughout the US,…
Today, I attended my first shareholders’ meeting. It was the special shareholders’ meeting of Yuri Gagarin ($4PX:BU) – the company I wrote up a month ago. I bought just one share for the purpose of attending this meeting and more…
This will be a short, general post on Bulgaria and its stock exchange. Bulgaria Bulgaria is an Eastern European country of 7.4 million, bordering on Romania (north), the Black Sea (east), Turkey (southeast), Greece (south), Macedonia (southwest), Serbia (west). It…
Yuri Gagarin ($4pX:BU), named after the first man to fly in outer space (around the Earth in 108 minutes on Vostok 1), is a cardboard and paper printed packages and cigarette filters and tubes manufacturer located in Plovdiv, Bulgaria. Although…
Last time I painted the long, rock solid history of Walmart in graphs and promised to talk about valuation in a following post. I doubt I can add anything of value for a company covered by over 30 sell-side analysts,…
In a couple of months, first Geoff Gannon then Whopper flashed the spotlight on Walmart. One looked at it in the 1970s, the other – in the 80s. Last year, I went back through the past 10 years. Today, I…