April 12, 2017

Lingotes especiales

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

LGT.MC  (ISIN: ES0158480311)

Lingotes Especiales SA is a Spain-based company engaged in the metal production. The Company’s product portfolio comprises design, development and transformation of all types of ingots and metal parts. 

Market: Madrid


Gain over the last quarter: +19 % 

Fair value: 23 €
Discount: 22%
Average yearly return: 46%
Yield: 4.4%

Lingotes Especiales will propose dividend of 0.80 euros/shr to be paid on May 19