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April Buffett-Munger Bargain Newsletter is Ready for Download

April 19, 2014
GuruFocus

GuruFocus

341 followers
The Buffett-Munger Bargain Newsletter pick is a loaded spring. The company has room to grow and the balance sheet to support it. This company is a widely regarded to be one of the best managed companies on the planet. On the board of directors there are two superinvestors. In all the markets it competes in, its operations are extremely efficient leaving the company with untapped pricing power. The future of this reasonably priced company looks bright. This fact may be missed by investors still blinded by its fantastic past.

“It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price….when buying companies or common stocks, we look for first-class businesses accompanied by first-class managements.”

- Warren Buffett (Trades, Portfolio) (1989)

Can’t wait to know this stock’s name?

Get your copy of GuruFocus’s Buffett-Munger Bargain Newsletter now

What’s a Buffett-Munger Bargain?

A Buffett-Munger Bargain is a “wonderful company” selling at a “fair price”. To be a wonderful company a stock must pass Warren Buffett (Trades, Portfolio)’s 7-point checklist:

1. Simple Business
2. Favorable Long-Term Prospects
3. Able and Honest Management
4. Consistent Earnings
5. Good Return on Equity
6. Little Debt
7. Very Attractive Price

What’s the Buffett-Munger Bargain Newsletter?

GuruFocus’s Buffett-Munger Bargain Newsletter picks one new “wonderful company” selling at a “fair price” every month. The pick is made using GuruFocus’s Buffett-Munger Screener and Warren Buffett (Trades, Portfolio)’s 7-point checklist. A new issue goes out to subscribers on the third Friday of every month.

Get your copy of GuruFocus’s Buffett-Munger Bargain Newsletter now

All the monthly newsletters are included in GuruFocus Premium Membership. If you are not a Premium Member, we invite you for a 7-day Free Trial.

If you have missed April Ben Graham: Net-Net Newsletter, it is here. April Ben Graham Net-Net is earned a 19% ROE, trades at 3x earnings and 78% of NCAV. They are a construction company headquartered in Portugal.

The newsletter is ready for download for GuruFocus Premium Members. If you are not a Premium Member, you are invited for a Free 7-Day Trial.

The Ben Graham: Net-Net Newsletter’s April’s pick is a construction firm. The company:

  • The company trades at 3x their last year’s earnings and 6x average earnings from the seven prior years.
  • They have an enviable market position in Africa and are exposed to a large growth market.
  • The company is paying a €3 per share dividend which translates to a 5% yield.
  • Earnings and equity have grown considerably over the past decade.


Company management is shareholder friendly.


Download your copy of the Ben Graham: Net-Net Newsletter today


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