Buying Vina Concha Y Toro (NYSE:VCO)

/ By / Unclassified / VCO / 6 Comments

As part of my strategy Smoking & Drinking Dividends, purchase of Vina Concha Y Toro (NYSE:VCO).

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6 thoughts on “Achat de Vina Concha Y Toro (NYSE:VCO)”

  1. Lemij

    Hi Jerome,

    A quick question I was asking myself, since you're buying a new title, do you ever "double up" on a title you already have?

    I was wondering if I should double down on stocks that have performed poorly over the past year in order to double the dividends and buy them cheaper?

    Or do you prefer to continue to diversify?

    Thanks for your advice,

    Reply
  2. Pste

    Hi Jerome,
    Isn't there a risk in betting on a company that has a market capitalization 15 times its real value?
    Thanks for your advice

    Reply
    1. Jerome

      Hi
      Here I only use a few indicators relating to tangible and concrete data: dividends.
      I prefer to focus only on that. It is often said that the best is the enemy of the good… By trying to add too many criteria, we no longer really know where we are going.
      Especially since many financial indicators are very questionable from the point of view of their relevance. They can be distorted because of x factors, voluntarily or not.
      When it comes to dividends, the money that comes into your wallet is real. You can't cheat.
      I don't know if your question is about the price to book ratio? From what I see it's more like 1.5 times. So correct, considering that we're not just buying assets, but a quality company with know-how.
      If you are talking about the PE ratio, which is indeed 15, that is also correct, and it does not relate to the real value but to the profits.

      Reply
      1. Pste

        I'm a beginner and I haven't yet mastered all the ratios.
        when you go to the statistics tab (yahoo finance), there is 25.05B of market cap. and only 1.58B of enterprise value. on the other hand as you say the price to book is 1.59; so I do not understand such a gap…

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