March 13, 2017

Ion Beam Application (IBA)

We feel like a SITTING DUCK on the markets.

“It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait.” – Charlie Munger
IBAB.BR (ISIN: BE0003766806)

IBA (Ion Beam Applications) is in the business of providing equipment to businesses within the nuclear medicine and cancer therapy markets.         

Market: Euronext Brussels

Gain over the quarter: +19.6 % 

Fair value: 49.5 €
Discount: N/A
Average yearly return: 49%
Yield: 3.7%