Daniel Gladiš of Vltava Fund presented his investment thesis on Česká Zbrojovka Group (Czech Republic: CZG) at European Investing Summit 2020.
Thesis summary:
Česká Zbrojovka is a Czech-based renowned producer of small firearms. The company has a long tradition, high-quality products, and a simple and understandable business model. The recent IPO was not well-managed and was priced well below the expected range. This may offer an opportunity to buy into a profitable, growing business at an attractive valuation.
For further information, access the company’s investor relations website.
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About the instructor:
Daniel Gladiš, based in the Czech Republic, has amassed a market-beating track record since starting VLTAVA Fund in 2004. VLTAVA Fund is a value-oriented, research-driven investment fund focused on investing in good companies run by quality management. Previously, Daniel was Director and Chairman of the Board of Directors of ABN AMRO Asset Management (Czech) from 1999–2004. He was also Director and founder of Atlantik finanční trhy, a.s., a member of the Prague Stock Exchange. Daniel is a graduate of VUT Brno and has authored the best-selling books Naučte se investovat (Learn to Invest) and Akciové investice (Stock Investments).
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