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Akita Drilling

  • 30-11-2010 11:25pm
    #1
    Raskolnikov
    Registered Users, Registered Users 2 Posts: 10,148 ✭✭✭✭


    http://www.chanticleeradvisors.com/files/107293/a%20tribute%20to%20a%20modern%20day%20hachiko%20-%20akita%20drilling.pdf

    There's an awful lot of guff written on this forum, so I have decided to post a research piece written by a fellow I am personally acquainted with. I'm not posting this as a recommendation, it's merely to give some of you guys colour on how people really research investments. Also, it illustrates the power of systematic thinking combined with hard work (i.e. you compare a company in their field to everyone of their competitors, apply some simple arithmetic, and buy the best value company). It's not complicated and it's not high finance, yet most people cannot be bothered with such an approach because it requires hard work.


Comments

  • #2
    turbobaby
    Closed Accounts Posts: 927 ✭✭✭turbobaby


    Ah can't be bothered reading that. Can you summarise it and tell me a good share to buy? BOI maybe?

    :pac:

    Seriously though, a good read, thanks again for some good insight!


  • #3
    RoadKillTs
    Closed Accounts Posts: 1,710 ✭✭✭RoadKillTs


    Interesting read Raskolnikov thanks.

    Looks like a prity decent company considering the industry its in.
    Prity consistent, no debt and a consistently high gross margin.

    Do you mind me asking did you get this report from a website?


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