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A curious phenomenon has been taking place in the equity markets in the last few years, which could be summarized as follows: as the bull stock market was breaking record after record, investors (or maybe investing algorithms?) became increasingly concerned about the slowing growth affecting m...
The first-half 2019 results , reported by Massimo Zanetti Beverage Group S.p.A. ( OTC:MSSZF ), just confirmed my earlier investment thesis . Despite a difficult YoY comparison, due to the IFRS 16 (the new accounting standard adopted), as well as the forex effect, the Italian coffee compa...
If you love coffee, you are probably already in love with Italian coffee, since Italians are renowned for being coffee masters. Even Starbucks (NASDAQ: SBUX ) had never dared to open a coffee shop in Italy, until a few months ago , although its founder Howard Schultz often declared he was i...