Tuesday, April 7, 2015

“Fashion Company attractive to willing to take risk” – Private Businesses

Regarding the latter company, delivers Nolato record strong results time after time and price has risen to levels above 200 crowns. In the short term, Börsveckan no potential in shares but for the långsiktige Nolato is still purchasing value.

Bathroom manufacturer Svedberg’s has had struggled ever since the financial crisis, but now it seems to have turned. New construction comes from historically low levels, so there is upside potential.

“I do not leave the valuation slightly larger room for setbacks ahead and although it feels like Svedberg’s in better shape now than a few years ago so the market is tough and competition fierce, which means that we do not believe that the company can reach back to 20 percent margins again if nothing radical happens, “writes Börsveckan.

RNB has for several tough years little tailwind. The latest report was strong, with rising sales and profits in all business areas. Management has undoubtedly done a good job but faces great challenges and thus there is continued uncertainty.

“The definite turnaround may take some time but willing to take risk, it may be time to buy now,” writes Börsveckan.

Micro Systemation has also been sluggish for a while but now, growth has returned with a vengeance, primarily driven by North America. Unfortunately, the successes already priced into – by far – the share price, which rushed the past six months. Börsveckan think you should buy MSAB when things look bleak and therefore advise to wait.

The medical technology company Stille has never earned any money to speak of and the shares have been developed subsequently the past ten years. This year the course has risen by 25 percent and Börsveckan do not think it is justified.

“To this share will be interesting, it takes an operating margin up to 7 percent, given current sales. It would innbebära an operating profit of around 5.5-6 million and an EV / EBIT around 10. Dit company has never reached “notes Börsveckan who believe that the stock is a sales candidate.

And so to the clothing giants.

The view H & amp; M has turned sour considerably in recent times because of the dollar and the question is whether the expansion and growth in the top line can compensate for lower profitability. Börsveckan stands neutral.

H & amp; M’s Spanish rival, Inditex , valued at a P / E ratio of just under 32 this year and 28 next year, based on consensus forecasts. It’s a premium to H & amp; M at 27 percent and it is not justified, according Börsveckan.

“Both shares are highly valued but should you have any of them and gain exposure to global clothing company, for example is H & amp ; m the better choice, “the conclusion.

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