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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (44662)9/29/2011 12:02:46 AM
From: Spekulatius1 Recommendation  Read Replies (1) | Respond to of 78702
 
>>ABB and the Swiss franc -<<
The Swiss Franc has ver little meaning for ABB, since neither much business, nor much cost, except some headquarter payrolls are in Switzerland. ABB is a result of the ASEAN (Swedish) and BBC (Swiss. Headquarter but mostly in Germany)merger and is truly a multinational. The Swiss Franc is just a conversion currency.

FWIW, baseon my analysis (PE,PS, margins) ABB is not that cheap.