Seeking Alpha

Unconventional ...'s  Instablog

Unconventional Wisdom
Send Message
I started to invest in 2007 and since then I've seen the housing crash the Euro crisis and now the great QE debate. From what I've seen, a buy and hold strategy can work - if you can time the market! But, from my experience, market timing is impossible. I rather focus on companies with strong... More
View Unconventional Wisdom's Instablogs on:
  • Diamond Core Driller In The Rough: Drillcon AB

    Drillcon AB (DRIL.STO) is a swedish-based company specializing in diamond core drilling and raise boring.

    It is a small-cap company listed on the NASDAQ OMX First North market.

    Drillcon AB currently trades at 4.7 SEK per share, has a price to earnings ratio (P/E) of 6.4 and has a dividend yield of 3%.

    The largest shareholder of Drillcon (a pension fund) holds 5.5% of the outstanding shares.

    Drillcon AB is growing its revenue, income and dividend and has a solid cash flow.

    Sep 12 9:38 AM | Link | Comment!
  • Vitrolife: A Small-cap With Potential
    On February 7th 2012, Vitrolife AB (STO:VITR) reported their best ever sales in a single quarter.

    Sales have increased for 36 consecutive quarters and have grown ~75% since 2006. Over the same period, net income doubled.

    The current p/e is ~27 and dividend yield is ~1.3%.

    Vitrolife specializes in 3 areas: in vitro fertilization, stem cell therapy and transplantations. They have access to US, European, Middle-east and Asian markets.

    As of Dec. 2011, JP Morgan was one of the top 10 investors in Vitrolife.

    Other information (from: http://www.news-medical.net/news/20120207/Vitrolife-fourth-quarter-sales-increase-1825-to-SEK-95-million.aspx )

    -- Vitrolife was the first company to obtain regulatory approval in China for a whole series of cultivation media for IVF

    -- A study showed that EmbryoGlue®, a product patented by Vitrolife, increases the chances of infertile women having children.

    -- A clinical study showing good results when using STEEN Solution™ was published in a prominent scientific journal. In all more than 100 patients have now received new lungs through the use of STEEN Solution™.

    As an investor with a strong background in the medical sciences, I believe Vitrolife is taking a smart approach to addressing the challenges of in vitro fertilization, stem cell therapy and transplantations. Thus, I would argue Vitrolife is a good investment with long-term potential.

    I am long Vitrolife

    Feb 16 9:44 AM | Link | Comment!
  • t-testing the Case-Shiller
    The Case-Shiller index rose 1.2% in May compared with April. I asked myself today - Is the 1.2% rise due to chance, or are house prices actually rising?

    I downloaded the Case-Shiller excel file and ran paired t-tests comparing the results of 20 cities from February, March, April, and May of 2010.
    Here's the results (mean value):

    February (133.2) v. March (133.1); p > 0.05
    March (133.1) v. April (134.0); p < 0.001
    April (134.0) v. May (134.5); p = 0.011

    In conclusion, the Case-Shiller index has been rising since March and it is very unlikely that this is due to chance... Average house prices in these 20 cities are significantly rising. 


    Disclosure: No positions in US housing
    Tags: Housing
    Jul 27 9:45 AM | Link | Comment!
Full index of posts »
Latest Followers

StockTalks

  • Does anyone know why Ubiquiti (UBNT) has lost 20% in the past few days?
    Mar 27, 2014
  • Drillcon (DRIL:STO) up 6% after Q2 earnings report shows a return to profit
    Aug 20, 2013
  • Lundin Mining (LUNMF.PK) is a buy today (25 SEK/share). It was a takeover target in 2010 and traded above 50 SEK/share
    Jun 25, 2013
More »
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.