We feel like a sitting duck on the markets.
Fountaine Pajot SA manufactures cruising catamarans
Market: Euronext Paris
Fair value: 89 €
Discount: 6%
Average yearly return: 59%
Yield: 1.19%
Outperformer
On April 18, 2017 Fontaine Pajot announced:
* H1 revenue EUR 29.1 million, up 19.3%
* Confirms good orientation of its order portfolio, which amounted to EUR 68 million at the end of February 2017, of which EUR 43 million for the current financial year
“It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait.” – Charlie Munger
On April 18, 2017 Fontaine Pajot announced:
* H1 revenue EUR 29.1 million, up 19.3%
* Confirms good orientation of its order portfolio, which amounted to EUR 68 million at the end of February 2017, of which EUR 43 million for the current financial year
“It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait.” – Charlie Munger
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