Warren Fyffet: Sampo Oyj (HEL:SAMPO)
“My choose for Top investment pick for 2018 is finnish Sampo Oyj. Sampo is finnish “Buffett style” insurance company. Sampo has relatively low valuation P/E 10,75 and P/B 1,99. It has Sampo has relatively low valuation P/E 10,75 and P/B 1,99. It has bought during last 3 years 45% Danish Insurer TopDanmark in my opinion very low price. first 25% they boght few years ago and then ownership rises over 30% via company’s ownshares byuing program. Therefore Sampo must make byuing offer and they did. They get 15 % actually under the stock market price. Sampo has also decided that Topdanmark is starting pay dividend instead of buying own stocks. This will help in the future sampo rise already nice 5,1% dividend. Now they have to write up owner of Topdanmark and everybody see’s it in figures. Think is one driver for company price even it made in paper. In the other hand I assume interest rates will rise in Nordic countries and Europe or at least some of them and speed up Sampo’s return of investments. Insurance IF, Topdanmark and banking Nordea (25%). Sampo and it’s Björn Walhroos is well known with Comporate arrangements. There has been some rumors. You can found Wahlroos name for example here.”
So, there you have it – the top investment picks for 2018. In order to track them centrally, I have created this spreadsheet (also presented below) that is publicly available for viewing. The sheet tracks the picks and how the investments perform over the year.
Those are some very interesting picks, and just a one pick is duplicated — ‘silver’ by David Brady and Income Surfer. There are 5 cryptocurrency picks, which goes to show how hot the sector is right now. Two investors picked ETFs and the rest have gone with individual stocks. This will be interesting to monitor over the year and I will provide quarterly updates on how these securities are doing. You can also find the live coverage anytime by returning to the Stock Picks page.
What are your thoughts on the stocks/funds/cryptos picked by the community? Do you own any of them and/or have a more bearish outlook or have a better pick than the ones mentioned? Share your thoughts below.
Full Disclosure: My full list of holdings is available here.