International firm Bestinfond (Trades, Portfolio) recently increased its portfolio by adding four new positions. Francisco Garcia Parames, who previously ran the firm, has been called the Warren Buffett (Trades, Portfolio) or George Soros (Trades, Portfolio) of Spain. He is one of the few successful Spanish investors.
Here's a look at Bestinfond (Trades, Portfolio)'s new postions, which can be found on the firm's home page if you click here:
Lenta Ltd (LSE:LNTA, Financial)
The firm purchased 2,793,164 shares of LNTA durin g 1Q2015 at an average price of $6.58 a share. Because the position is currently trading at $8.55 a share, this resulted in a 30% overall gain.
Lenta Ltd operates retail chains and was incoiporated in the British Virgin Islands in 2003. It operates in the following hypermarket formats: standard, compact and supercompact.
According to the DCF calculator, Lenta's intrinsic value is $5.15 a share, which results in a -55% margin of safety since the stock is currently trading at $8.55.
Book value per share as of June 2014 was $0.32. The company's P/B ratio is 47.50.
Morrison (Wm) Supermarkets PLC (LSE:MRW, Financial)
Bestinfond (Trades, Portfolio) purchased 4,047,051 shares of MRW at an average price of £1.92 a share.
Morrison is a food retailer that was incorporated in 1940. The company's main business is distributing food and groceries.
The Peter Lynch earnings line is at £1.90, which indicates the stock is trading at close to its accurate price since it is currently £1.88 a share.
Morrison's dividend yield is currently 7.02%.
Dividends per share for the trailing twelve months as of January 2015 was £0.13, and its average growth rate for the year was 4.80%.
Baron de Ley SA (XMCE:BDL, Financial)
30,337 shares of BDL were purchased at an average price of €80.33 a share, which resulted in a 15% gain since the stock is currently trading at €91.95 a share.
Baron de Ley produces wine, which includes white, red and pink wines.
According to the DCF calculator, Baron de Ley's intrinsic value is €63.66 a share, which results in a -44% margin of safety since it is currently trading at €91.95 a share.
Earnings per share for the trailing twelve months as of December 2014 was €6.15. The P/E ratio is currently 14.95.
Aena SA (XMCE:AENA, Financial)
The firm purchased 29,826 shares of AENA at an average price of €79.89 a share, which resulted in a 10% gain since it is currently trading at €88.52 a share.
For more information about Bestinfond (Trades, Portfolio)'s portfolio and its latest portfolio updates, click here.
