Thoughts about my stock picks for 2012.


A sizable chunk will be apple which has an undervalued stock at the moment (p/e of 8-10, where the lower value is the adjusted p/e due to their enormous amount of cash and no debt). Their business is amazing and they consistently find new markets and dominate the profit share of the existing ones. Given my current level of understanding of them I at least believe in them for a few years, or as long as Jobs' ideas are churned out. I don't know about longer though, I'll have to investigate further (who is Tim Cook?).

A sizable chunk will be avanza zero, which is an index fund without any fees. I keep this as a kind insurance against my newbie decisions.

A sizable chunk will probably be H&M, a very good company going forwards. A bit expensive at the moment though, will look for a better opportunity to buy.

A medium chunk will be Arcam, a 3D printer company. 3D printing is a very interesting technology and it will change the face of personal and industrial manufacturing in the relatively near future. When looking for companies to invest in this was the only company with a reasonable price tag, p/e 25 (although a lot of profit is expected for the next quarter). They also have a large amount of capital, and they don't seem to have much competition in their piece of the market. Other public 3D companies are 3D systems and Stratasys, although they trade a bubble prices right now (p/e close to 100), and I'm not interested a the moment.

A small chunk will be Lundin Petroleum, based on their history and current findings. I'll need to look into them more though.

Another small chunk will be Boule Diagnostics. Looking at their numbers, business model, outlook and management I'm fairly impressed.

Another small chunk will be Endomines, which is a rather small goldmine in Finland with fairly good numbers (amount of gold produced, no to much debt). They seems to have good management aswell, who in turn own a lot of stock in the company (and much of it recently bought). They still loose money though. We'll see, I keep this company in large part because I want to learn how they behave, and I'm ready to pay for it..

The smallest chunk will be Seamless distribution. They provide payment by mobile phones. I like their performance thus far this year and I like their product, CEO and their business model (to basically drastically reduce the cost for vendors during payment, credit card companies eat a large part of the profit for many vendors. Follow the money..). I give them a reasonable chance going forwards.



Looking over it many of the companies are not in line with the Graham/Buffet school. But I want to learn how these companies, and their markets aswell as the stock market, work and small investments in them provide excellent incentive.