Monday, November 16, 2009
Investment Conference in Helsinki
The Name of the conference was SIJOITUS-INVEST and it was held on a nice old clasic building called WANHA SATAMA (old harbor) located in the relaxed suburb of Katajanokka, As I´m trying to acomplish the objective of this blog to be able to colect 1 Million Euros in less than 5 years, and with the increasing energy of finding out about any possible method to acomplish my purpose I received an Invitation to be a part of the event both days 11-12.11.2009.
I have to say that I was more than surprised when I find out that more than 50 Finnish companies were in the exhibition, important Finnish companies from the Banking sector to the Investment sector as well as construction, media, and pharmacy sector among others.
And as I promissed I have a detailed report on the companies that I believe will perform more than good in the near future (my personal portfolio includes some of them).
ALMA MEDIA
Alma Media is a profitably growing and internationally expanding company that invests in the future of newspapers and online media. The best known products of Alma Media in Finland are Aamulehti, Iltalehti, Kauppalehti, Etuovi.com and Monster.fi while City24 portals are widely spread in Eastern Central Europe. The profits of this company have been more than generous as the price per share over a year has increased more than 48% now the price per share is around 7.33€ per share, still very decent considering the economic turmoil that we experienced. When I aproached the stand to talk about investing in the company the person that was in the stand told me that when I loked at this image I was looking to more than 3 Million readers in Finland not bad for a company that is fighting for the best status head to head with the Sanomat group.
If that is not enought this company just aquired thousands of shares from a company called Talentum and already is making a bid to aquire the TALENTUM consortium so the bid is on and the cash flow is moving acording to the presentaion of the great speaker and CEO of Alma Media Mr. Kai Telane.
PANOSTAJA
Just a month ago a friend advise me to Invest in Panostaja, as I was considering the offer I was doing some research on the company and when I find out that they had a stand in the Conference I did not hesitate to find out more, Panostaja is a financially secure Finnish multi-field corporation that creates healthy companies and company entities. I got the pleasure to talk with Mr. Tero Luoma Panostaja´s Financial Analyst. He explained: that the company executes through acquisitions and development work. We bring a new, committed leadership and business and strategic know-how to the company that we buy. The goal is to elevate the company that we invest in into a strong actor in its field in 5-10 years, after which it will continue its operations independently. They cover logistics, environmental companies, value added services and technology the price per share is only 1.35€ and the profit during the last year has been up to 19.30%.
STORA ENSO
I have a diversified portfolio I believe is important to have the most of it with companies that can have a large margin of profits with a Low cap but I also believe that in the market it is important to have at least one or two big players with a large market cap with this idea I mean that it is important to have some shares of a company like Stora Enso.
Stora Enso is a global paper, packaging and forest products company producing newsprint and book paper, magazine paper, fine paper, consumer board, industrial packaging and wood products. Stora Enso’s sales totalled EUR 11.0 billion in 2008. The Group has some
29 000 employees in more than 35 countries worldwide.
I was amazed by the presentation of Stora´s CFO Mr. Markus Rauramo in which he explained that the Investment activities and the expansion of the company has reached places like Brasil and Uruguay in South America but also China. The price per share at the moment is € 7.28 and it has been increasing during this year 29%.
RAMIRENT
I have to make an special mention of the stand of Ramirent, Ramirent provides a broad product portfolio of high quality and unmanned reliable rental equipment in 13 countries in Northern, Central and Eastern Europe. Ramirent is the second largest rental company in Europe and the ninth largest worlwide. Ramirent is the leading company in the Nordic countries, and in Central and Eastern Europe in machinery and equipment rentals for construction and industry. The Group has 360 permanent outlets in thirteen European countries (Finland, Norway, Sweden, Denmark, Russia, Estonia, Latvia, Lithuania, Poland, Hungary, the Ukraine, the Czech Republic, and Slovakia). I had the pleassure to talk with Franciska Janzon She is the Director of Corporate Communications and Investor Relations, she gave me an insight into the company that is nothing but welcoming specially when we were drinking coffee toguether, I have to mention that it was the only stand in the hole event that offered coffee for the visitors, she told me that the share price was around 20€ before the crisis and then 2€ a few months ago putting the actual price per share into 7.15€ at the moment still a lot to recover making it a tasty opportunity.
The New CEO of the company Mr. Magnus Rosén explained in his presentation a number of positive and realistic factors that might improve the organisation of the company, the idea on cost saving and even sales of machinery seems all viable during this times. When I spoke with the CEO personally I sense a sincere aproach to tackle the actual situation of the company and I didn´t waste the opportunity to congratulate him to be the only one that gave a presentation in English.
BIG BANK
While talking here and there I got to know Mr. Maksim Melamed He is the Head of Cross Border Business of Bigbank
an Investment company from Estonia that has expanded into Sweden and Finland currently they are not trading However I was surprised to hear that the company can increase my deposit from 10,000€up to 50,000€ about 3% a year and in this times if you want to play safe and secure with more returns than any bank this can be an option. I was also surprised to hear that during that same week the new branch in Heslinki was open.
GOLD AND SILVER
I could never imagine how easy it was to Invest in Gold after hearing the process explained by Niklas Sundman the Product Manager of K.A.Rasmussen simple buy and sell gold 2 point above the brittish price if you want to buy and two points below the Brittish price if you want to sell also he explained me the diversified maket in Finland from Goldsmiths to dentist Gold has prove to be the Investment against crisis increasing it´s price even in difficult times.
HOPEA.FI
For the Silver I have to mention a company named HOPEA.FIAfter talking for a long time with Risto Pietilä And Olli Pakarinen I discovered the diversified marked of the Silver as well as the simple aproach to make profit with silver I was convinced to have my own personal security box to store my silver imagine...,
I was also surprised of the young and talented individuals that really knew what we were talking about then during our conversation I find out that in fact Risto Pietilä was the founder of the company.
Overall the Conference opened new ideas on Investing in Finland a market far away of the traditional US Stock market and far from the popular International scene of Investing. A stock market full of possibilities in a safe social economy.
Don´t hesitate to leave your comments and tips to reach the goal of One million Euros in less than 5 years... is it really possible? Thanks to all the participants of this conference.
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Sunday, November 8, 2009
How to make a million Euros new idea...
As the time limit for my purpose of making a Million Euros in less than 5 years keeps running I read about one popular method and a brilliant idea that I want to share with you:
1-To make a dollar in profit from each of a million people. Or a penny from a hundred million. This is the China strategy. I guess it might work under the circumstances of for example having a Million friends on let's say facebook and convince them on giving you one dollar, personally it seems an almost impossible task considering that my own facebook friend list is about 500 hundred friends until now.
It almost never works because the challenge of reaching that many people is just too great. It's too risky and too expensive. Doesn't matter that you're only hoping for a dollar or a penny. The price isn't the challenge, it's the difficulty in spreading your idea.
Far easier is to make a thousand dollars from each of a thousand people ( I might follow the objective of getting a thousand "friends" on facebook to start with), or even $10,000 from a hundred organizations in this case the paper work and the time consuming will worth the effort. You can focus on a small hive of people, a group that talks to itself. You can push through a smaller dip and reach a level of recommendation and dominance that makes incremental sales far easier.
And you can learn much earlier in the process if you've gotten it right or not. Because you're making more per sale, you can spend the time necessary to figure out what really sells and modify your offering sooner in the process and the new wave is the Internet I know I can feel it.
The irony is that many products and services that have reached huge masses of people actually have significant margins (Windows, for example, or a cup of Starbucks). They got the best of both worlds because first they focused on winning small communities over and that led to the larger market.
There are many ways that can get you to Rome and the diversity might be found in the unity of multiple ideas, I want to share a second idea a simple idea that worked
Alex Tew, a student from Wiltshire, England, conceived A Million Dollar Homepage in August 2005 when he was 21 years old. He was about to begin a three-year Business Management course at the university and was concerned that he would be left with a student loan that could take years to repay. As a money-raising idea, Tew decided to sell a million pixels on a website for $1 each; purchasers would add their own image, logo or advertisement, and have the option of including a link to their website. Pixels were sold for US dollars; the US has a larger online population than the UK, and Tew believed more people would relate to the concept if the pixels were sold in US currencyBecause individual pixels are too small to be seen easily, Pixels were sold in 100-pixel "blocks" measuring 10 × 10 pixels; the minimum price was thus $100. The first sale, three days after the site began operating, was to an online music website operated by a friend of Tew's. He bought 400 pixels in a 20 × 20 block. After two weeks, Tew's friends and family members had purchased a total of 4,700 pixels. The site was initially marketed only through word of mouth however, after the site had made $1,000, a press release was sent out that was picked up by the BBC The technology news website featured two articles on The Million Dollar Homepage in September. By the end of the month, The Million Dollar Homepage had received $250,000 and was ranked Number 3 on a list of "Movers and Shakers"
On 6 October, Tew reported the site received 65,000 unique visitors; it received 1465 digs becoming one of the most Digged links that week. Eleven days later, the number had increased to 100,000 unique visitors. On 26 October, two months after the Million Dollar Homepage was launched, more than 500,900 pixels had been sold to 1,400 customers. By New Year's Eve, Tew reported that the site was receiving hits from 25,000 unique visitors every hour and that 999,000 of the 1,000,000 pixels had been sold.
On 1 January 2006, Tew announced that because the demand was so great for the last 1,000 pixels, "the most fair and logical thing" to do was auction them on e Bay rather than lose "the integrity and degree of exclusivity intrinsic to the million-pixel concept" by launching a second Million Dollar Homepage. The auction lasted ten days and received 99 legitimate bids. Although bids were received for amounts as high as $160,109.99, many were either retracted by the bidders or cancelled as hoaxes. "I actually contacted the people by phone and turns out they weren't serious, which is fairly frustrating, so I removed those bidders at the last minute", said Tew. The winning bid was $38,100, placed by MillionDollarWeightLoss.com, an online store selling diet-related products. Tew remarked that he had expected the final bid amount to be higher due to the media attention. The Million Dollar Homepage made a total of $1,037,100 in five months.Thanks for the latest comments don't forget to share your comments ideas and donations I want to proof that it's possible best of luck JC.
Next week I will attend an Investment conference in Helsinki will post the best picks...