ROT
Banque Privée Edmond de Rothschild (WKN: 874347)
"In our opinion we can observe that the credit culture of BPER is sound, conservative, and has been tested in the last couple of years. Furthermore Rothschild has an even stronger economic moat, which lies in its over 200 year old brand and family name and it’s absolute focus on a profitable niche with even higher costumer-switching costs.
In our opinion BPER is a medium size Moat investment which should be worth around 25.000 CHF per share without any future growth, this implies a margin of safety of roughly 50%. Furthermore we acquire a growth opportunity on the overall increase in wealthy persons around the world and especially in Asia which should be worth something."
http://frenzel-herzing.com/banque-privee-edmond-de-rothschild/
aktuell 14.630 CHF
Banque Privée Edmond de Rothschild (WKN: 874347)
"In our opinion we can observe that the credit culture of BPER is sound, conservative, and has been tested in the last couple of years. Furthermore Rothschild has an even stronger economic moat, which lies in its over 200 year old brand and family name and it’s absolute focus on a profitable niche with even higher costumer-switching costs.
In our opinion BPER is a medium size Moat investment which should be worth around 25.000 CHF per share without any future growth, this implies a margin of safety of roughly 50%. Furthermore we acquire a growth opportunity on the overall increase in wealthy persons around the world and especially in Asia which should be worth something."
http://frenzel-herzing.com/banque-privee-edmond-de-rothschild/
aktuell 14.630 CHF
