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BWT, one aspect not given much consideration so

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naturalborninvestor Member Profile naturalborninvestor Member Level 
Saturday, June 23, 2012 5:14:34 PM
Re: naturalborninvestor post# 2309 Post # of 5590 
BWT, one aspect not given much consideration so far is that UCPA should be relatively unaffected by the EURO debt crisis, no matter how it will evolve.

1) Neither Sweden nor Norway are part of the EURO zone. Functional currency is the Krona.

2) UCPA's clients are predominantly local

3) The business conducted by UCPA clients is local, i.e. either local businesses or Nordic subsidiaries.

4) Reporting currency is the US-Dollar


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