April 23, 2017

Raysearch

We feel like a BUYER 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

RAY-B.ST (ISIN: SE0000135485)

RaySearch Laboratories is a Sweden-based medical technology company that develops software for radiation therapy of cancer. It markets and sells its products mainly in the United States and in Europe through license agreements with medical technology companies and scientific institutions.            

Market: Stockholm

http://www.raysearchlabs.com


Gain over the quarter: +0.0 % 


Fair value: 270 SEK
Discount: 22%
Average yearly return: 55%
Outperformer

Mind the forex risk with Swedish krones:





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