Pakistan solicites me
I got a unsolicited email from some investment firm supposedly in Pakistan. They sent me this file:
http://www.glenbradford.com/files/Stocks/Key%20Equities%20Investment%20Plays.pdf
Looks to me like there might be some good value there.
Allied Bank, Habib Bank, Pakistan Oilfields, and United Bank don't look too bad.
But, Why they sent me stuff like Indust Motor that has shrinking earnings growth is beyond me.
Looks like they just ran a SQL query on a database similar to the type of databases I used to scan for stocks before I realized they really offered no competitive advantage.
Dear Bradford
My name is Khurram Schehzad and I head the Financial & Economic Research team for one of largest investment banks in Pakistan. Our Research desk covers a number of securities invested in/followed by frontier/ emerging markets portfolios. In addition to research we also offer trading, execution and settlement services to institutional fund managers investing in the Pakistan market.
Please do let me know if there is any further information that I could send you in this context that might be relevant to yourself or your colleagues. While foreseeing significantly untapped value in a market trading at one of the lowest PEs in the world, the Research reports recently released by our team include:
a) Pakistan Investment Brief 2010 – Midyear update
b) Pakistan Energy Brief 2010
c) Pakistan Frontier Scrips
d) Pakistan Equity Strategy
Also, I would be more than happy to arrange a conference call to introduce our team and answer any queries that you might have.
Regards,
Khurram Schehzad Head of Research Financial & Economic Research Department Invest Capital Investment Bank Ltd. Head Office C3C 12th lane, Ittehad Commercial Area, Khyaban-e-Ittehad, Phase II Ext. Defence Housing Authority Karachi, Pakistan Direct: +92-21-35 20 87 25 Cell: +92-300-251 8626 UAN: +92-21-111-111-097 Ext. (8725) PABX: +92-21-35 20 55 20 Ext. (8725) Fax: +92-21-35 31 38 85 www.investcapital.com
Reply Reply to all Forward Reply Glen Bradford to Khurram show details Oct 6 (1 day ago) This is perplexing. Sure, I'm interested in any useful information. Are there any companies that I can buy at 5x ttm earnings growing at least by 20% a year with operating cash flows greater than $10M/year?
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Best regards,
Glen Bradford CEO ARM Holdings LLC www.glenbradford.com www.armholdingsllc.com
None of the above is intended as investment advice. I can't guarantee the information I gathered is from an accurate source. I may buy or sell any stock or security without prior notice.
Disclaimer: http://www.glenbradford.com/disclaimer.php Reply Forward Reply Khurram Schehzad to me show details 11:06 AM (3 hours ago) Dear Bradford,
Hope this email finds you in best of your health. Yes, we do have a number of stocks which successfully fill up the investment criteria you mentioned. In this regards, please find attached a customized and short report on the potential stocks which have been screened out keeping your customized investment thesis in mind. We have provided number of stocks (some with high multiples or relatively low growth or better cash flow streams) so that you can pick/choose ones fitting your benchmarks.
You can comfortably expect more on the same and we wish to provide you a thorough our in-dept research support identifying stocks backed by solid fundamentals. Looking forward to hear from you soon. Take care and stay well!
Regards,
Khurram Schehzad Head of Research Financial & Economic Research Department Invest Capital Investment Bank Ltd. Head Office C3C 12th Lane, Ittehad Commercial Area, Khyaban-e-Ittehad, Phase II Extension Defence Housing Authority Karachi, Pakistan Direct: +92 21 35 20 87 25 Cell: +92 300 251 86 26 UAN: +92 21 111 111 097 Ext. (8725) PABX: +92 21 35 20 55 20 Ext. (8725) Fax: +92 21 35 31 38 85 www.investcapital.com