KALIN®

We look at companies that are trading at discounts relative to our assessment of their intrinsic values. We use fundamental analysis to establish their values. We do a detailed strategic assessment of the industry dynamics with the objective of identifying those companies with the greatest long term sustainable advantage. Securities are next classified according to their ability to generate returns on capital. Valuations are focused on company cash flow and are tested under a range of scenarios. Implicit within the valuation step is the identification of key drivers of revenue, margins, returns and macroeconomics sensitivities. After extensive research on the company’s fundamentals, financial, and technical aspects, the stock has been considered with a long-term holistic view.