We have been reading the latest Annual Reports of the companies we are tracking.
This is our second post where we’re sharing our notes on Annual Reports of the stocks from our watchlist. Please don’t treat this as a buy recommendation. We find these businesses interesting and we may build position (or buy more of those that are already in our portfolio) in them in the future. The purpose of this post is to bring clarity in our understanding of the businesses we are tracking. Putting it up here makes it easier for us to refer them at a future date.