Little Black Book
Sorry Gents, this is not a list of the saucy Ladies of Windsor……
Every day I am tripping over possible Stocks to Buy and I do a very quick ‘Triage’ process on them and if I like the look of them, I pop them into an A5 Notebook so I don’t forget about them and they become a source of Potential Buys once I have a free Slot and spare Cash in one of my Portfolios.
These Stock Ideas are very much early stage and require further in-depth Analysis and Consideration, but my Triage Process has already sorted them out from the utter junk that is lying around and lurking to ensnare the unwary and inexperienced. If I decide to Buy one after in-depth Investigation, then it is a case of waiting for the Technical Analysis Indicators to tell me when it is a good time to Buy.
To understand how I find Stocks to Triage, please read this Blog:
http://wheeliedealer.weebly.com/blog/how-i-find-potentially-great-stocks
To understand my Triage Process, have a butchers at this Blog:
http://wheeliedealer.weebly.com/blog/wheelies-triage-process
Here are the Contents of my Little Black book in electronic format for Readers - I have put in a date and short text on what appeals to me. I will try and keep this up to date as best I can. The Stocks that really appeal to me are marked with a * at the end. Please note, the first entries all have the same date (XX), although of course they will have entered my Book at different times. Also, things like p/e, divvy yield, market cap etc. may have changed since these entries were made and Prices will have moved a lot. These are not Tips or Recommendations - just things that I feel justify further Investigation:
Every day I am tripping over possible Stocks to Buy and I do a very quick ‘Triage’ process on them and if I like the look of them, I pop them into an A5 Notebook so I don’t forget about them and they become a source of Potential Buys once I have a free Slot and spare Cash in one of my Portfolios.
These Stock Ideas are very much early stage and require further in-depth Analysis and Consideration, but my Triage Process has already sorted them out from the utter junk that is lying around and lurking to ensnare the unwary and inexperienced. If I decide to Buy one after in-depth Investigation, then it is a case of waiting for the Technical Analysis Indicators to tell me when it is a good time to Buy.
To understand how I find Stocks to Triage, please read this Blog:
http://wheeliedealer.weebly.com/blog/how-i-find-potentially-great-stocks
To understand my Triage Process, have a butchers at this Blog:
http://wheeliedealer.weebly.com/blog/wheelies-triage-process
Here are the Contents of my Little Black book in electronic format for Readers - I have put in a date and short text on what appeals to me. I will try and keep this up to date as best I can. The Stocks that really appeal to me are marked with a * at the end. Please note, the first entries all have the same date (XX), although of course they will have entered my Book at different times. Also, things like p/e, divvy yield, market cap etc. may have changed since these entries were made and Prices will have moved a lot. These are not Tips or Recommendations - just things that I feel justify further Investigation:
- 13th Sept 2021 ECEL - UPVC windows - making, distribution, recycling and conservatories. £58m Debt looks ok. Forward P/E 14.4 falling to 13.5 according to SharePad and Divvy 3.3% to 3.6%. Play on recovery and demand for home refurbishment and improvement.
- 13th Sept 2021 SPSY Spectra Systems - looks promising. Reasonable value for the growth. Perhaps a bit lumpy with contracts and big dependence on one customer. Does bank note and coffee cup authentication marking.
- 13th Sept 2021 TRI Trifast - still looks interesting.*
- 13th Sept 2021 MACF MacFarlane - packaging stuff - "ahead of expectations". Small debt. Generating cash. Looks cheap. Penson moved to surplus. Forward P/E around 12. Acquisition strategy. Risk around plastic. 11 years of profit growth.*
- 13th Sept 2021 SDG Sanderson Group - was WBG Walker Greenbank. Looks cheap. £14m cash and TV Advert Campaign first time ever. New management shaking it up. Does posh and expensive wallpaper etc.*
- 13th Sept 2021 MWE Mti Wireless Edge - good results and looks interesting still. Has cash.*
- 13th Sept 2021 Don't forget APP Appreciate Group.
- 13th Sept 2021 WPP - forward P/E 13.6 dropping to 12. 3% forward Divvy to 3.4%. Looks interesting as global economy recovers.
- 13th Sept 2021 WOSG Watches of Switzerland Group - still looks good and growth story on US especially.
- 13th Sept 2021 SUS S&U - quality family run business. Looks good value - motor finance and bridging loans for property. Nice dividend yield as well.*
- 13th Sept 2021 GEN Genuit - was PLP Polypipe. Well placed with water management a huge issue.*
- 13th Sept 2021 XPD Xpediator - still looks interesting and decent Update today. Moving to e-Fulfillment. Brexit helps them.*
- 13th Sept 2021 IBST Ibstock - Bricks etc. Looks good value.*
- 13th Sept 2021 NWF - Farming related supplies (North West Farmer was a previous name I think). Forecasts look too low.
- 13th Sept 2021 AFRN Aferian - was AMO Amino. Looks very good value with Net Cash. TV Streaming tech and a big strategic shift.*
- 13th Sept 2021 JTC - big CFO share buy. Does financial software and stuff.
- 27th July 2021 RCDO Ricardo - still looks good. Play on Auto recovery and also on emphasis on green stuff. Still beat up after C19 drops. New CEO.****
- 27th July 2021 TMG The Mission Group - looks cheap on fwd p/e 10. Could be huge upside as the Stock re-rates and the earnings grow as the recovery takes hold.*
- 27th July 2021 SAG Science Group - good update, looks good value for the growth potential.
- 27th July 2021 ACRL Acrol - forward P/E 10/9. Looks cheap for the recovery going on and the new CEO is well on the ball. Cheap bog roll.*
- 27th July 2021 SAAS Microlise - new IPO, does Fleet Logistics scheduling software. Proper established business.
- 27th July 2021 AOM Active Ops - recent IPO which does Management Process Automation, which I guess is a bit like Robotic Process Automation (RPA). Could be overlooked.
- 27th July 2021 DKL Dekeoil - High risk but interesting.
- 27th July 2021 INS Instem - worth a close look. AI medical analysis etc.
- 27th July 2021 HOME - REIT focused on housing homeless people. CFO from ESP is involved here. Possible Income Stock.
- 27th July 2021 JLEN John Laing Environmental - potential Income Stock (green).
- 27th July 2021 XAR Xaar - still interesting. Forward P/E 10 according to Simon Thompson, 2 years out and cash adjusted (has about 35p a Share in cash).*
- 27th July 2021 PRV Porvair - forward p/e 25.7 falling to 22.5. Tiny debt. Classy business in filtration and likely more upside.*
- 27th July 2021 RWI Renewi - debt quite high but cashflow should be steady. Play on recycling. Used to be Shanks SKS but seems much better these days. Looks cheap really.
- 27th July 2021 EBQ Ebiquity - advises on how effective advertising/marketing is. Play on general recovery.
- 27th July 2021 VNET Vianet - could be worth looking at. Does vending machines in pubs etc. and has IoT aspects.
- 9th July 2021 CREO Creo Medical - some sort of new catheter type surgical jobbie. High Risk but looks to be on verge of serious commercialisation. Speedboat !! Not one to go mad on - 2% of Portfolio or something maybe.*
- 9th July 2021 GHT Gresham Technologies - not cheap but software often does well.
- 9th July 2021 RST Restore - good update and brought back dividend. Looking at 100 potential acquisitions.*
- 9th July 2021 VLX Volex - move to EV a huge opportunity. Recent acquisitions and likely more to come. Strong momentum and credible management.*
- 9th July 2021 STU Studio Retail - looks cheap. Bit of debt.
- 9th July 2021 REC Record Group - does FX Funds for corporates. Launched new Emerging Markets Fund to handle FX. Had strong run but still interesting. Much improved with new management. Based in Windsor.*
- 9th July 2021 Don't forget App Appreciate Group.**
- 9th July 2021 RFX Ramsdens - 48p a share in Cash. Will benefit when travel opens up. Open Shops etc. will increased consumer pledges and boost earnings. Liberum forecast EPS 16.1p in 21/22 - p/e 7.6 -nuts.**
- 9th July 2021 SUP Supreme - listed in february 2021. Does batteries, vaping products, consumer items. John Rosier JIC bought recently. Could have legs.
- 9th July 2021 Remember D4T4 launched a new Fraud Module for Celebrus.*
- 9th July 2021 JLEN John Laing Environmental - Been falling a lot and may work for Income Portfolio. Yield 6.6%.
- 9th July 2021 AWE Alphawave - high risk and difficult to value but positive update. Bit chippy.
- 9th July 2021 THRL Target Healthcare REIT - big dividend over 6% - potential income stock.
- 9th July 2021 NWF - still looks interesting. Good update and perhaps a bit defensive. Supplies stuff to Farmers.
- 9th July 2021 Remember MWE, FLTA, XPD (MTI Wireless Edge, Filta, Xpediator).
- 9th July 2021 BME B&M European - strong results and expanding. However, market didn't like recent Update yesterday, but that could mean opportunity on the way. Poverty play.**
- 9th July 2021 SAA MC Saatchi - could be very cheap. All about the data.*
- 9th July 2021 GHH Gooch & Housego - Business picking up, could be value here.
- 9th July 2021 TGP Tekmar Group - potential recovery play. Ambitious 5 years targets. could be very cheap.
- 27th May 2021 JMAT Johnson Matthey - potential Hydrogen and EV Play.
- 27th May 2021 AVON Avon Protection - Lot of potential and just changed name.
- 27th May 2021 PMP Portmerrion - could be cheap.*
- 27th May 2021 CLX Calnex - Decent results. Network Measurement stuff.
- 27th May 2021 XPP XP Power - it's not 'cheap' (Fwd P/E 26) but is top quality and excellent Track Record. Good Article in Investors' Chronicle 18/30th December 2020.*
- 27th May 2021 HICL Infrastructure Fund - Near 5% Dividend Yield and maybe would work in Income Portfolio.
- 27th May 2021 KNOS Knos Group - Classy. Workday Integration and Billing IT etc. Stellar Results. Doesn't look 'cheap' but one to tuch away. Lots of Cash.*
- 27th May 2021 GRI Grainger - lot to like. 8% Discount to NAV at 280p and 2.3% Forward Dividend Yield. Exposed to several growth drivers and plans to build loads more PRS Properties. Moving away from Regulated Tenancies.*
- 27th May 2021 SAG Science Group - worth looking into.
- 27th May 2021 MWE Mti Wireless Edge - Antennas going well as 5g rolls out. Mottech Water Systems well placed. 3% Dividend yield but based in Israel.*
- 27th May 2021 DIA Dialight - could be Recovery play on LED Lighting.
- 27th May 2021 CREO Creo Medical - does Endoscopes for Surgery. Early stage but £20m Revenue and should build. High Risk so keep position sizing sensible.
- 27th May 2021 RGL Regional REIT - Big Dividend 7%+ and good Rent Collection. Could be upside from unlet property. Does Offices etc. in Midlands. Looks cheap.*
- 27th May 2021 ACSO Accesso Technology - potential recovery play. Investigate.
- 27th May 2021 KITW Kitwave - new IPO with 4.5% Dividend Yield at Listing. Delivers food etc. to Convenience Stores. Interesting.
- 27th May 2021 CORD Cordiant Digital Infrastructure - Investment Trust investing in Data Assets like Data Centres, Towers, Fibre Networks etc. 3% divvy yield target at IPO. Similar to DIG9.
- 27th May 2021 WINE Virgin Wine - could be good value for the growth potential and the brand. Liberum forecast £5m Profit so fwd P/E around 27 or something.
- 27th May 2021 CRL Creightons - looks pretty cheap but similar to BAR which I hold.
- 27th May 2021 IDEA Ideagen - Class Act.
- 27th May 2021 OMG Oxford Metrics - check it over but lot to like.*
- 27th May 2021 ANG Angling Direct - good results and growth across Europe. Destination Store and strong online.*
- 27th May 2021 MIDW Midwich still interesting.
- 27th May 2021 IHC Inspiration Healthcare - Simon Thompson says 15p Cash and at 120p "12.5 times Cash Profits". Does Ventilators for new born babies. Lot of new products and scope in other markets.*
- 27th May 2021 ELCO Eleco and UPGS Up Global Sourcing both look good. ELCO perhaps pricey.
- 27th May 2021 APP Appreciate Group - interesting switch to Digital only. Was Park Hampers. Does Consumer Voucher Schemes. STOP PRESS - just done deal with Paypoint to sell eGift Cards through 28,000 Paypoint outlets.*
- 27th May 2021 SMDS DS Smith - Classy. Green focus with Fibre only, cardboard packaging.*
- 27th May 2021 CTEC Convatec - Seems to be recovering well under Karim Bitar (ex Genus). Very stable earnings and does repeat medical stuff like incontinence equipment etc.
- 27th May 2021 RPS - Lot of people like this (sensible people, not loons). Benefitting from Renewables a bit. Does consultancy work in Energy etc.
- 27th May 2021 GRID Gresham House Energy - does battery storage on huge scale. Premium to NAV but a potential Income Portfolio stock with a Green tinge.
- 27th May 2021 FDM - Over 4% dividend yield. Good IT Recruitment recovery play. 'Mounties'.*
- 27th May 2021 CTO T Clarke - 2 year forward P/E around 6 ex cash. Looks really cheap. Electrical Contractors. Simon Thompson covers.
- 27th May 2021 TMG The Mission Group - Simon Thompson covers. Looks very cheap. 2 year forward P/E 11. Marketing etc.
- 27th May 2021 STAF Staffline - turnaround and recovery play on recession easing and could be cheap. Recruitment and 'on site' model.
- 27th May 2021 IXI Ixico - recent Huntingdon's Disease problems not such a big impact. Could be interesting.
- 22nd Apr 2021 TRI Trifast - potential recovery play as Automotive bounces back after C19 abates.*
- 22nd Apr 2021 NEXS/FCRM - Nexus and Fulcrum - both do infrastructure services in Gas and Electric supply. FCRM possible turnaround story. NEXS EV Charging Points exposure.
- 22nd Apr 2021 W7L Warpaint London - good update and seems to be transforming after long difficult period. Coloured lipsticks.
- 22nd Apr 2021 Don't forget XPD, WHR, SHED, FRAN, FLTA.
- 22nd Apr 2021 D4T4 - strong update and nice cash pile. About to launch Fraud product. Quality business.*
- 22nd Apr 2021 KOO Kooth - recent IPO in Mental Health Online courses. NHS work. Could be useful.
- 22nd Apr 2021 MOTR Motorpoint - seems like a Class Act in the car retail market. Strong Online capability. Scale economies and buying power.
- 22nd Apr 2021 SBI Source Bio - high risk C19 testing business. Could be some value and future potential outside of C19.
- 22nd Apr 2021 SAA MC Saatchi - don't forget this one. Data play and Vin Murria a big fan. Value in the data which others are unable to replicate.*
- 22nd Apr 2021 FLTA Filta - still looks good.*
- 22nd Apr 2021 INS Instem - results ok and cash for acquisitions. Data Analysis for Clinical Trials etc.
- 22nd Apr 2021 ELIX Elixir International - good results and an acquisition which looks good. Recent IPO in consultancy.
- 22nd Apr 2021 CBOX Cakebox - good results and outlook. Opening more stores. Seems very cash generating. Online up 89%. Vegan Cakes.*
- 22nd Apr 2021 XPD Xpediator - decent update. Still could be upside and Brexit helping them. Sold B2C part. Simon Thompson likes it.*
- 22nd Apr 2021 GHH Gooch & Housego - industrial lasers recovering and could still be good value.
- 22nd Apr 2021 AGFX Argentex - seems like REC but more a wider provision of FX stuff to SMEs. Could be good. Decent uptrend.
- 1st Apr 2021 SGE Sage - chart breakout. Recent director buys. Could be cheap.
- 1st Apr 2021 ELCO Eleco - Construction Projects software, particularly for management etc. Move to SaaS model and new Strategy for Growth. Solid results and Net Cash.**
- 1st Apr 2021 PCF PCF Bank - still looks good value and trading improving.
- 1st Apr 2021 FLTA Filta - Cleans oil for hospitality industry like Restaurants, pubs, hotels etc. Franchise model. Could be good for recovery.*
- 1st Apr 2021 SPE Sopheon - good results. Move to SaaS. Does innovation software.***
- 1st Apr 2021 LUCE Luceco - does LED lighting. Strong results and over 2% dividend yield. 'Green' aspects.*
- 1st Apr 2021 ALFA Alfa Financial Software - strong results and could be cheap.
- 1st Apr 2021 INS Instem - useful US acquisition. Does IT/Data Analytics for Clinical Trials. Strong momentum.*
- 1st Apr 2021 SPSY Spectra Systems - good results.*
- 1st Apr 2021 HTWG L&G Hydrogen Economy ETF. Could be a different way to play hydrogen big theme.
- 1st Apr 2021 PMP Portmeirion - could be cheap. Starting Hand & Body Care Lotions and doing big increase in Online and Digital Marketing.*
- 1st Apr 2021 ORIT Octopus Renewables Fund - recent listing Investment Trust. Should pay 5p Dividend for Full Year to December 2021. Annual 4.3% yield. Could be a good Income Stock and a bit 'green'.
- 1st Apr 2021 GHT Gresham Technologies - Been winning contracts for its Claretti Financial Services software. Investigate.
- 1st Apr 2021 CER Cerillion - Telco billing. Seems to be trading very well. Recent Contract win in South America. Good uptrend and sticky customers.
- 1st Apr 2021 DOTD Dot Digital - Investors Chronicle has on a Forward P/E around 21 at 174p which looks good value and has £23.4m Cash. Strong record in Digital Marketing.*
- 1st Apr 2021 Revisit RCDO Ricardo.*
- 1st Apr 2021 SPT Spirent - Recent acquisition in 5g and WiFi testing. Not cheap but seems decent. Hot sector in telecoms testing.*
- 1st Apr 2021 SHED Urban Logistics - looks a potentially good Income Stock. 'Last mile' distribution.
- 1st Apr 2021 BIFF Biffa - 'Circular Economy' play. Recycling. Looks interesting.
- 1st Apr 2021 SMDS DS Smith - good results. Does packaging and recycling a strong theme.*
- 1st Apr 2021 MWE Mti Wireless Edge - 5g rollout play with the Antennas. Held back by C19. Lot of cash. Several business units.
- 1st Apr 2021 EYE Eagle Eye Solutions - Contract win with Virgin Red Rewards Scheme. Strong momentum and lot of potential. High risk.*
- 1st Apr 2021 INL Inland Homes - still interesting with NAV at 104p.*
- 25th Feb 2021 RCDO Ricardo - could be decent Recovery play. Update says "Green Shoots" of improvement in the Autos bit. Classy business and potental Takeover target.*
- 25th Feb 2021 GHH Gooch & Housego - good Update and recovering. Cutting Costs with rationalisation of factories etc. Industrial Lasers on the mend.*
- 25th Feb 2021 ANG Angling Direct - strong results and 'Bricks & Clicks' model working very well.*
- 25th Feb 2021 NET Netcall - "Ahead of Expectations" and has around £5m Net Cash. Classy well run business but valuation high - maybe worth paying. I like the RPA and Low Code stuff.*
- 25th Feb 2021 BEG Begbies Traynor - good Update and fair chance forecasts get beat. Looks very good value around p/e 13. Does Insolvency work etc. so well placed. Big of Dividend as well.*
- 25th Feb 2021 GRID Gresham House Battery Storage Fund - does huge Battery Storage operations. Looking to pay 7p Dividend in 2021 which is tasty. Potential 'green' Income Stock.*
- 25th Feb 2021 OPTI Optibiotix Health - high risk and speculative as early days. Starting to grow revenue which makes it more interesting. Does obesity/health biotech stuff. Investigate but not one to go crazy on.
- 25th Feb 2021 WIL Wilmington - possible eLearning play. Debt coming down. Events big suffering obviously.
- 25th Feb 2021 TRI Trifast - Recovery play on Autos and Household goods. Does fasteners of every type imaginable. Washing Machines and Fridges etc. An old favourite and a very well run business that has just suffered due to cyclical nature.*
- 25th Feb 2021 MRL Marlowe - outlined some very impressive growth targets for next 3 years. Seems well run and a mini version of Halma HLMA.*
- 25th Feb 2021 CLX Calnex - "Ahead of Expectations". Does Telecoms Network testing and 5g helping. Recent IPO and looks good.*
- 25th Feb 2021 K3C K3 Capital - Professional Services including Insolvency which is clearly likely to have strong demand. Targeted at SMEs. Could be decent.
- 25th Feb 2021 SREI Schroders Income REIT - big discount to NAV - could be a useful Income Play on Commercial Property. Has wide mix of Assets.
- 12th Feb 2021 FRP FRP Advisory - insolvency specialist although government schemes mean not all that much work around. However, it is likely there soon will be !! Recent Listing but "ahead of expectations" and looks interesting.
- 12th Feb 2021 SUS S&U - Advantage Finance Car loans and Bridging Loans bit for houses. Family controlled I think. Looks good value and strong track record. Company preparing for big uptick as the Economy recovers as they see lot of pent up demand. 5% Dividend.*
- 12th Feb 2021 GLE MJ Gleeson - Northern based cheap housing builder. Strong trading.
- 12th Feb 2021 LXI LXI REIT - upgrade of Dividend to 6p for the year. Could be useful as Property Income Stock. Seems well managed.
- 12th Feb 2021 IHC Inspiration Healthcare - Simon Thompson covers. Cenkos Forecast 5.9p EPS so Cash Adjusted P/E 14. Year end cash forecast £5.4m (8p a share). Does Ventilators for babies.*
- 12th Feb 2021 UPGS Up Global Sourcing - strong results and still looks good value with Dividend up near 3%. Seems to have got over issues it had some time ago.
- 12th Feb 2021 ELIX Elixir - recent IPO. IT/DX Consultancy. Good Update and new All Time High ATH.
- 12th Feb 2021 BWY Bellway - good Update and Chart breakout. Houses.*
- 12th Feb 2021 BRCK Brickability - brick maker. Near 3% Dividend Yield and a good update. Big demand for bricks.
- 12th Feb 2021 DUKE Duke Royalty - good Update. Oh, I bought some !! See my 'Trades' page and listen to Podcast TPI 42.**
- 12th Feb 2021 RFX Ramsdens - just looks cheap. Pawn Brokers.*
- 12th Feb 2021 CSH/THRL - Civitas Social Housing and Target Healthcare REIT - possible Income Stocks. Care homes of various sorts. The old and the vulnerable. Just owns the Property, does not run the homes.
- 12th Feb 2021 GRID Gresham House Energy Storage Fund - still looks good for Income Portfolio. Green battery storage at scale.*
- 28th Jan 2021 TATE Tate & Lyle - possible Income Stock. No longer does any Sugar stuff but does sweeteners and Food Ingredients. Dividend Yield 4.3%.*
- 28th Jan 2021 RBGP RBG Holdings - Rosenblatt Solicitors and has a financing arm and a Litigation Fund a bit like BUR but very small. Looks good value with around 4% Divvy and Simon Thompson covers.
- 28th Jan 2021 KETL Strix - good update. Lot of new products to come in 2021.*
- 28th Jan 2021 BME B & M European - looks great way to play Discount Retail and impoverished UK. Plan to grow from 645 stores to 950 in UK and European expansion. Forward P/E around 18, Forward Divvy around 4% (some Special Dividends likely - paid 3 lots of 20p in 2020). Arora Family founders own just under 15% but has Rent Payments from BME on property which it is using.*
- 28th Jan 2021 FORT Forterra - good update and over 4% dividend yield. New brick factory at Desborough on target.*
- 28th Jan 2021 HWG Harworth Group - good update and breakout higher. Land in the Midlands and used to be bit of UK Coal. Ex Industrial land they clean up and sell to housebuilders etc.*
- 28th Jan 2021 BVC BATM - Simon Thompson target 170p. Lot going on with C19 tests and does network and cybersec stuff as well. Israel based which can have mixed results.*
- 28th Jan 2021 FLTA Filta - possible play on recovery of Restaurants/Pubs etc. Does Oil Cleaning etc. and recently launched Antiviral Liquids service.
- 28th Jan 2021 SPE Sopheon - software to help companies design and launch new products and innovations. Solid Results and shift to a SaaS model. Lot of potential.*
- 28th Jan 2021 CLX Calnex - Telecoms equipment network testing. Recent IPO and looks interesting.*
- 28th Jan 2021 TGP Tekmar Group - Undersea Cables for wind turbines. Fallen a lot since IPO but winning contracts. Worth a good look.
- 28th Jan 2021 MIDW Midwich - decent update. Growth by acquisitions presents possible risk. Audio/Visual products.
- 28th Jan 2021 TMG The Mission Group - good Update and could be value here. I think Simon Thompson covers.
- 28th Jan 2021 APTD Aptitude Software - ahead of expectations and Net Cash. Was part of Microgen I think.
- 28th Jan 2021 KAPE - still looks good and ahead of expectations. CyberSec.
- 28th Jan 2021 IHR Imact Healthcare REIT - Care Homes Property. 5.5% yield - could work for Income Portfolio.
- 28th Jan 2021 XPD Xpediator - Still looks interesting. New CFO with experience.
- 28th Jan 2021 LXI REIT - good rent collection and raised Dividend. Around 5% plus.
- 12th Jan 2021 APP Appreciate Group - was Park Group that does Xmas Hampers and Bonus Vouchers etc. but thing is it is moving away from paper vouchers to using Digital. Huge cost savings as a result. Reminds me of the BOTB transition. Could be very cheap.*
- 12th Jan 2021 FRAN Franchise Brands - good trading update and ahead of expectations. Looks like value here especially as the UK comes out of the C19 crisis in a few months.*
- 12th Jan 2021 PRSR PRS Reit - could be nice Income Play with around 5% Divvy. Invests in private rental houses as it says on the tin.
- 12th Jan 2021 GRID Gresham House Battery Storage Fund - 6% dividend. Good potential as an Income Stock.*
- 12th Jan 2021 KETL Strix - still looks cheap on forward P/E 15 and 7.7p divvy.*
- 12th Jan 2021 AMS Advanced Medical Solutions - quality company but hit by reduced non-C19 work in hospitals. Could be an improving situation in time.*
- 12th Jan 2021 ACRL Accrol - impressive new management team and CEO especially sharp from SMDS. Mello Monday presentation and the turnaround story is all about focus and doing what really drives the business.*
- 12th Jan 2021 ALFA Alfa Financial - does software for compliance and stuff. Could be cheap.
- 12th Jan 2021 MSI MS International - £14m Cash, Mkt Cap £22m. Loss making due to C19 but looks cheap for recovery. Illiquid. Mix of businesses like Petrol Forecourt construction and signs.
- 12th Jan 2021 GAMA Gama Communications - class act with big cash pile and Europe expansion brings growth potential. Not cheap but suspect it will do well.*
- 12th Jan 2021 MIDW Midwich - share price still quite subdued. Could be value here.
- 12th Jan 2021 Don't forget CRL Creightons - good results recently.*
- 12th Jan 2021 UPGS Up Global Sourcing - forward P/E 11 and forward Divvy 4.4% (note, that is at time the entry was made in my Little Black Book and time has moved on so needs checking).
- 12th Jan 2021 KAPE Kape Technologies - Simon Thompson covers. Recent acquisition and Placing and now has around $18m Cash. Progressive Equity Research forecast EPS of 14.2 cents in 2020 rising to 15.8 cents in 2021. Cash adjusted P/E around 14. Cheap.*
- 12th Jan 2021 ANG Angling Direct - good results and a destination Store model which is working well. Strong Online growth.*
- 12th Jan 2021 IXI Ixico - more decent results.
- 12th Jan 2021 CBP Curtis Banks - SIPP Platform provider and largest independent one. Good update and over 4% dividend. Lot of strategic changes.
- 12th Jan 2021 JLEN John Laing Environmental Assets - yield over 5% could be good income stock. Quite diverse which is good.*
- 12th Jan 2021 HICL Infrastructure - possible Income Stock around 4% yield. Infrastructure like toll roads and bridges etc.*
- 12th Jan 2021 CLX Calnex - Telecoms testing. Recent IPO. Looks cheap and good update.
- 12th Jan 2021 FORT Forterra - brick play. Over 4% dividend and good trading update.
- 12th Jan 2021 NESF Next Energy Solar Fund - looks very good for Income Portfolio. 6%+ yield.*
- 12th Jan 2021 XPD Xpediator - good Update and well placed for Brexit.
- 12th Jan 2021 CBOX Cakebox - still looks interesting and opening more outlets. Chart making new Highs.
- 22nd Nov 2020 CKT Checkit - £12.4m of cash vs £29m Market Cap. Could be a sweet one. Simon Thompson covers. Building management software and systems and Temperature control sensors etc.*
- 22nd Nov 2020 BEG Begbies - decent Update. Taken Market share in Insolvency and Restructuring work despite government policy masking the problems facing businesses.
- 22nd Nov 2020 WYN Wynnstay - Ahead of Expectations - looks decent value. Agricultural stuff and long established.
- 22nd Nov 2020 MCKS Mackay Securities - warehouses etc. and SREI Schroders Real Estate IT with a mix of Property types. Both look cheap with big discounts to NAV and yet Rent Collection looks pretty good and improving.*
- 22nd Nov 2020 SCT Softcat - decent short Update. Looks like good momentum in the business still. No bargain but seems like Quality Growth really. Bit like CCC.
- 22nd Nov 2020 DUKE Duke Capital - recent Update looks promising with signs of improvement and Dividend to be paid again.*
- 22nd Nov 2020 FRP FRP Advisory - looks like could be cheap. Recent Update good. Does legal stuff especially Insolvency work.
- 22nd Nov 2020 RST Restore - quite beat up and could be good value. Document Storage and other related activities.
- 22nd Nov 2020 IBPO iEnergizer - good Results. Seems off the radar and nobody talks about it. IT of some sort - needs proper investigation.
- 22nd Nov 2020 BRCK Brickability - paving slabs, bricks etc. looks cheap and recovering well. Recent IPO. Has cash.*
- 22nd Nov 2020 WEY Wey Education - eLearning play and recent Update shows progress. Need to understand valuation. Has cash.
- 22nd Nov 2020 D4T4 - recent Contract wins adding to Earnings. Data is hot part of tech.
- 22nd Nov 2020 MGP Medica - bought Irish outfit and Trading Update shows improvement. Is there value here? Does analysis of Radiograms etc.
- 22nd Nov 2020 BBB BigBlu Broadband - lot of Directors buying - Michael Tobin is Chairman - ex CEO at Telecity. Simon Thompson in IC 14th Aug p14 says EPS 2021 6.9p so forward P/E around 14. His Target 150p to 160p. Has 10p cash. Rural Fixed Wireless Broadband.*
- 30th Oct 2020 LOK Lok 'n Store - don't forget to look at LOK !!*
- 30th Oct 2020 ALFA Alfa Financial Software - recent IPO and dropped back loads but recent several contract wins and maybe value here.
- 30th Oct 2020 BMY Bloomsbury - strong update and a beneficiary of Lockdown. Still looks decent value and large cash pile. Over 3% dividend.*
- 30th Oct 2020 RFX Ramsdens - according to Simon Thompson, if you strip out cash it is on a forward p/e of 7 - looks very cheap.*
- 30th Oct 2020 AJB AJ Bell - good results - play on retirement funds growth etc.*
- 30th Oct 2020 ALU Alumasc - very strong Update, cyclical though doing aluminium guttering and suchlike.
- 30th Oct 2020 SWG Shearwater Group - decent results. Worth a look. Cybersec.
- 30th Oct 2020 EAH Eco Animal Health - ahead of expectations update - could be value.
- 30th Oct 2020 AMYT Amryt Pharma - is there value here? Need proper look. Seems to have revenue and several products.
- 30th Oct 2020 IXI Ixico - decent results and probably still worth buying.*
- 30th Oct 2020 ELIX Elixirr International - recent IPO in Consultancy. Good trading update and lot of cash. Looks quite cheap.
- 30th Oct 2020 ARC Arcontech - building Monthly Recurring Revenues - looks very interesting.*
- 30th Oct 2020 CER Cerillion - decent Update and Telco billing a good area to be in. Worth a look.
- 30th Oct 2020 NET Netcall - class act. Just bought a Robotics Process Automation business. Interesting move.*
- 30th Oct 2020 TSL Thinksmart - have a good look, does ePayments.
- 30th Oct 2020 SBRE Sabre Insurance - good Update and over 5% dividend. Recent director buy and a low Combined Ratio. Possible for income portfolio.*
- 30th Oct 2020 BBOX Big Box REIT - recent Update and raised dividend. Yield over 4% and new ATH.*
- 30th Oct 2020 TET Treatt - decent Update, remember to look at this.*
- 30th Oct 2020 AFM Alpha Financial Markets - consulting etc. for wealth management. Looks interesting.
- 30th Oct 2020 IGP Intercede - cybersec and identity management. Cash pile. Quite illiquid but looks interesting and nice uptrend.
- 30th Oct 2020 YOU YouGov - looks expensive but growth is rapid and database gives a moat. If long-term incentive plan gets hit, then if you put p/e 20 on 2023 eps you get 990p share price - arguably low. This is high quality and margins are higher in data products which is growing faster. Some strange accounting over how survey panel costs are capitalised on the balance sheet. IC 19th June 2020 p58 excellent Phil Oakley article.*
- 30th Oct 2020 LXI LXI REIT - impressive update - 97% rent collection and dividend raised. 5% yield.*
- 1st Oct 2020 JHD James Halsted - flooring stuff but family owned and 200 year history. Raised earnings every year "for a generation" but sadly not in 2020 which has been some year !! Quality without doubt but cyclical to an extent.
- 1st Oct 2020 SUPR Supermarket REIT - 5.4% Dividend Yield and possible for Income Portfolio.
- 1st Oct 2020 LIT Litigation Capital Management - Arden Partners forecast 5.7p eps. Looks decent value. Uses Fund Structure and takes a % of any success in Fund which has money from many other entities. Similar to BUR but different and not so reliant on one Case.*
- 1st Oct 2020 INS Instem - Good Results and £9m Cash. Does software to assist Drug Development process. Michael T holds. Interesting.*
- 1st Oct 2020 BAR Brand Architekhs - was Swallowfield SWL but sold off Manufacturing bit. £18m Cash and Mkt Cap £19.5m. Simon Thompson 'Bargain Share 2020'. New management and primed for Recovery.*
- 1st Oct 2020 FPO First Property - 19p of Cash which is half the Market Cap. Good Rent collection. Commercial Property in Poland and Romania. Strong Track Record.*
- 1st Oct 2020 TND Tandem - good results with bikes selling well and hopes for eScooters and eBikes. Small though at £19m Market Cap.
- 1st Oct 2020 LTG Learning Technologies - decent Update and acquisition. Play on Online Education which is finally getting traction perhaps.*
- 1st Oct 2020 HICL - 5% Dividend Yield and 14 years of growth in payout. p44 Investors Chronicle 18th Sept has a page on it. Infrastructure Fund and possible for Income Portfolio.*
- 1st Oct 2020 CER Cerrillion - Telco Billing software. No idea why I have not seen before !! Investigate.
- 1st Oct 2020 XPD Xpediator - could be value. Over 4% dividend. Messy Brexit could play to XPD strengths. Does Import/Export work.*
- 1st Oct 2020 Don't forget DUKE (remember, this text is word for word copy of what is actually in my own Little Black Book !!).*
- 1st Oct 2020 FSFL Foresight Solar Fund - possible Income Stock. Plays Green Theme and around 6% Dividend.
- 1st Oct 2020 SPSY Spectra Systems - yet more decent Results.*
- 1st Oct 2020 TGP Tekmar - Contract wins - does Undersea Cables for Windfarms etc. Recent IPO and a bit different. Must be quite a niche thing.
- 1st Oct 2020 NCC - Cybersec market very attractive.
- 1st Oct 2020 UPR Uniphar - good update. Ireland based, very similar to CLIN.
- 1st Oct 2020 CRL Creightons - another good set of Results. Interesting.*
- 1st Oct 2020 CBOX Cakebox - very good Update and paid back Furlough Money and paying a Special Dividend. Looks a great growth play.*
- 1st Oct 2020 FRP FRP Advisory - Insolvency and Restructuring. Over 3% Dividend Yield and little bit of Net Cash. Obviously the backdrop is helpful. Recent IPO.
- 28th Aug 2020 KAPE Kape Technologies - forward p/e around 18 still which looks good value in the hot tech space of cybersecurity. Simon Thompson IC target of 275p and he tends to target low.*
- 28th Aug 2020 VNET Vianet - supplies pubs so hit by C19 but seems to be managing well. Big uptake of ePayment Terminals. 80% of customer pubs back open and being charged 70% of normal fees - which will go up to 100% end of October. The others who are closed are still paying 30% of usual fee. Shrewd model to retain customers and avoid start-up costs if they cancel and then require VNET services again. Does vending machines etc.
- 28th Aug 2020 VW Volkswagen - Forward P/E 6.6 looks very cheap. Established brands (Audi, VW, Seat, Skoda etc.) and loads of new Electric and Hybrid cars due to be launched - 70 models. Also increasing digitalisation within cars which lowers costs and eases production etc. Possible risk around ongoing Diesel Emissions scandal.*
- 28th Aug 2020 NFC - used to be 'Next 15 Communications'. Strong Trading Update and weathering the storms very well. Organic growth not so strong though. Digital Marketing.
- 28th Aug 2020 IXI Ixico - "ahead of expectations" and note operational gearing.
- 28th Aug 2020 CLG Clipper Logistics - good results and does solutions for Online Delivery and handling Returns. Obviously a sector to be in.*
- 28th Aug 2020 UPGS Up Global Sourcing - "Ahead of expectations" and paid back Furlough money to government and caught up with VAT deferal - impressive. Trading well and does electrical stuff products for Bargain shops etc.
- 28th Aug 2020 IGP Intercede - Identity management software and systems. Recent contract with US Dept of Justice. Nice uptrend but looks illiquid. Needs investigating.
- 28th Aug 2020 GRMN Garmin - US Listed. Recent Investors Chronicle tip and makes a lot of sense. Forward p/e 22 but loads of cash also helps. Boost from solo fitness with C19 fears. Problem with a recent cyber attack. 2.2% Dividend Yield - not bad.*
- 28th Aug 2020 LUCE Luceco - LED Lighting and another decent Trading Update.
- 28th Aug 2020 MWE MTi Wireless Edge - possible 5G infrastructure play through their Antennae division. Has Cash and pays a dividend. Isreal based. Water Monitoring devices as well.
- 28th Aug 2020 KETL Strix - another good update and lots of new products and 4%+ Dividend and a nice Uptrend.*
- 28th Aug 2020 MIDW Midwich - Over 3% Dividend and recent deal for 'Hardware as a Service' providing Zoom capable kit on a Monthly Charge basis. Could be cheap.*
- 28th Aug 2020 ADM Admiral - another classy Motor and Home Insurance play. Tends to pay out Special Dividend on top of the Normal payout. Great track record. Near 5% Dividend.
- 28th Aug 2020 SPT Spirent - superb H1 results and loads of cash. Play on 5G. Does Network and Handset testing stuff etc.*
- 28th Aug 2020 NWF - good results and decent track record. Agricultural feeds, fuel transport etc. Could be good value.
- 28th Aug 2020 DLG Direct Line Group - good results and reinstated dividend. Yield around 6.5% and has a classy history.*
- 3rd Aug 2020 CCC Computacenter - long term record is excellent and C19 Remote Working is helping. Net Cash around £22m and forward P/E 18 not bad at all.*
- 3rd Aug 2020 AGFX Argentex - Forex for corporates etc. Good results but complex business and need to dig into Accounts to understand what is going on. Maiden Dividend is a very positive development.
- 3rd Aug 2020 TGP Tekmar Group - Protective Coatings for undersea cables, which is a big thing with Offshore Wind Farms etc. Recent IPO. Could have potential and a niche business.*
- 3rd Aug 2020 ULS ULS Technology - decent update and seems to be recovering faster than expected.
- 3rd Aug 2020 XAR Xaar - interesting still and loads of Cash.
- 3rd Aug 2020 EYE Eagle Eye - good update.
- 3rd Aug 2020 KETL Strix - still over 4% Dividend and Water Filters look interesting. Steady uptrend.*
- 3rd Aug 2020 ARC Arcontech - Leon Boros in it. Good update and generating cash. Financial services software.
- 3rd Aug 2020 TMG The Mission Group - another small Marketing play. Could be takeover potential.
- 3rd Aug 2020 NET Netcall and FLTA Filta - both good updates and could be worth a look. FLTA got a C19 offering.*
- 3rd Aug 2020 LUCE Luceco - "Ahead of expectations" update - could be cheap.
- 3rd Aug 2020 GLE MJ Gleeson - decent results update. Northern affordable homes and a lot like BOOT/INL.
- 3rd Aug 2020 SPSY Spectra Systems - Banknote and coffee cup authentication marking. Interesting business.
- 3rd Aug 2020 MGP Medica and CRW Craneware - both look interesting.
- 3rd Aug 2020 MACF MacFarlane - packaging for various things. Performed much better than expected during Lockdown. Could be cheap.*
- 3rd Aug 2020 SHED Urban Logistics - big box warehouse stuff. Still looks a useful Income Play.
- 3rd Aug 2020 UPGS Up Global Sourcing - "Ahead of expectations" update and could still be cheap.*
- 3rd Aug 2020 APTD Aptitude Group - I think was part of Microgen MCGN. Insurance Finance software compliance stuff etc. Looks like could be cheap.*
- 3rd Aug 2020 LMP London Metric Property - owns warehouses and decent yield over 4%. Well placed compared to many in Commercial Property.
- 3rd Aug 2020 APP Appreciate Group - was Park Hampers. Does vouchers etc. and xmas savings scheme. Moving to digital only so could this succeed like BOTB did?
- 3rd Aug 2020 G4M Gear for Music - done well out of Lockdown but can it continue? Investigate and try to judge how much much is self-help Recovery and how much is unsustainable?
- 3rd Aug 2020 ATQT Attract Group - risky and early stage but interesting tech around Retail websites and coupon promotions etc. Worth a good look.
- 3rd Aug 2020 SDL - Quality Translation business and well placed as digital becomes ever more pervasive. Not cheap as such, but quality often commands a high price.*
- 3rd Aug 2020 NESF Next Energy Solar Fund - premium to NAV but over 7p dividend due next year so yield over 6%. Possible for Income Portfolio.*
- 26th June 2020 IHC Inspiration Healthcare - might be worth a serious look over.
- 26th June 2020 MRL Marlowe - Placing near Share Price to raise funds for Acquisitions. Great track record doing Health & Safety compliance stuff.*
- 26th June 2020 SBRE Sabre Insurance - for Income Portfolio. 7.7% dividend yield with special dividend included. Combined Ratio 73.4% is hugely profitable. Shares sideways but would make a good Income stock I suspect. Well established Motor Insurer.*
- 26th June 2020 WILM Wilmington - could be cheap and a play on Online Education.
- 26th June 2020 NFC Next 15 Comms good trading update.
- 26th June 2020 LTG Learning Technologies - targeting £66m Adj. EBIT by end 2022. Online Education is red hot and a key growth theme.*
- 26th June 2020 NCC could be good. dividend yield around 3% and CyberSec obviously hot. Had problems but looks like new management have improved it. Recent Trading Update was good. Takeover potential.*
- 26th June 2020 FPO First Property - Simon Thompson estimates NAV at 66p. Near 3% Dividend Yield and looks interesting. Property in Poland/Romania.
- 26th June 2020 HAT H&T - pawnbroker similar to RFX. 6.5x Forecasts for 2020 looks cheap. 3.7% Dividend usually.
- 26th June 2020 TMG Mission Marketing - Pathfinder social distancing product could do well after Lockdown.
- 26th June 2020 RFX Ramsdens - Management claim will be less competition after Lockdown. Online Jewellery sales good. Gold up. Simon Thompson has a buy on them.*
- 26th June 2020 CLL Cello - Health PR/Marketing. Good history. Net Cash. Dividend around 3.5%. Lot to like.*
- 26th June 2020 RST Restore - in sideways range and still quite beat up. High cashflow and debt coming down. Customers very sticky. Forecasts around 22p EPS with TNT integrated. Good history. Document storage etc.*
- 26th June 2020 FAN Volution Group - air con/ventilation systems. IC thinks long term good future. Chart interesting. Around 3% divvy yield. Debt should come down. I guess possibly a play on global warming and C19.
- 5th June 2020 TATE Tate & Lyle - possible Income Stock at 4.6% Yield. Would be good to have some food in the Portfolio.
- 5th June 2020 KAPE - still looks good. Simon Thompson has forecast EPS 11p for 2020 and currently P/E 19. Coould easily do 15p EPS and on a P/E of 24 that's 360p. Debt should be $20m at year end. CyberSec is hot.*
- 5th June 2020 Don't forget CLG Clipper Logistics.*
- 5th June 2020 TXN Texas Instruments - Shares Mag 'Great Idea' and has potential Dividend of about 3% not bad and only $400m Debt. Flat Top Triangle on 3 months Chart and breakout likely. Forward P/E just over 22 or so. Cyclical Risk. Designed-in Chips since 1951. Interesting. Listed on Nasdaq.
- 5th June 2020 MIDW Midwich - Audio/Visual equipment and was growing well before Virus, albeit by acquisition. 3.6% Dividend not bad either.*
- 5th June 2020 OMG Oxford Metrics - £14m Cash. High Tech motion measurement etc. Very interesting and could do well in post-Lockdown world.*
- 5th June 2020 FRAN Franchise Brands - down a lot due to Virus but bloke from Chips Away says now crazy busy and can't do the wheels on my MX5 for weeks !! Could be great value.*
- 5th June 2020 DLG Direct Line - Car/Home insurance. Possible Income Stock - yield 7%+ and great track record.
- 5th June 2020 AVG Avingtrans - class act down at 3 year lows. Does engineering stuff and great record of buying cheap companies and improving them. Simon Thompson covers.*
- 5th June 2020 BGO Bango - Simon Thompson thinks could do £10m Cash Profit on £20m Revenue "in a few years".*
- 5th June 2020 DPH Dechra Pharma - medicines etc. for pets and horses and moo cows. Looks expensive but forecasts actually suggest good growth. Demand should be pretty steady/defensive. Acquisition growth.*
- 15th May 2020 GBG GB Group - classy. Identity Management and Fraud play. 24% CAGR Revenue growth over 7 years. Not cheap as such but should continue to grow.*
- 15th May 2020 MACF MacFarlane - trading hit by Virus but lot to like with debt down and 3% Divvy. Does specialist packaging.*
- 15th May 2020 SUPR Supermarket REIT - Dividend Yield over 5%. Could be decent play for Income Portfolio. Note invests in property from SBRY, TSCO, MRW as Tenants and prefers element of space for Online Delivery.*
- 15th May 2020 AVON - very moaty and lots of product opportunity to expand Masks to other areas/geography. Sells of Filters rise with the Installed Base of Masks. Should be Net Cash by 2021. Milk bit is dull. Not cheap but may be worth paying up for. Expansion into Ballistic Protection is a good side move.*
- 15th May 2020 IDEA Ideagen - Compliance software in many sectors with high Recurring Revenue (nice). Bit of debt but low and risk from acquisition strategy. Not cheap but software businesses often have high ratings.
- 15th May 2020 NCC - was recovering well before got the virus. Could be worth a look. Cyber Security. Debt was coming down.
- 15th May 2020 CSN Chesnara - consider for Income Portfolio. Raised divvy every year since 2004 IPO. Buys closed Life Books and runs them off. Over 6% Divvy.*
- 15th May 2020 PRV Porvair - great record. Exposed to Aerospace which may be a bit rough due to virus. Quality business though and filters get designed into customer requirements so a natural barrier to entry. ESG 'green' angle as well.*
- 17th Apr 2020 AVST Avast - CyberSec - seems to be doing ok and of course all these people stuck at home will need such software. Had some issues with a database but looks like that is behind them.*
- 17th Apr 2020 REL RELX - was Reed Elsevier a long time back. Scientific/Legal publications and information and events and stuff. Class act and big shift to Digital in recent years. Lot of barriers to entry. Forward P/E 16 or so not bad. Around 2.5% divvy.*
- 17th Apr 2020 GRI Grainger - good play on Private Rented Sector (PRS) and looks like a sizeable discount to NAV although Dividend Yield not amazing at 2% ish - but likely to grow fast. Could be takeover target.*
- 17th Apr 2020 AVV Aveva - classy. Industrial Plant software and going to Cloud Model with 60% Recurring Revenue which is hitting target earlier than planned.*
- 17th Apr 2020 IXI Ixico - signing new contracts and seems to be negotiating the Virus situation well.
- 17th Apr 2020 SPT Spirent - strong update and doing well. 5g helping demand for testing services etc.
- 17th Apr 2020 RWS - Translation etc. and Patent work. Seems strong in its markets and new EU Unitary Patent could be opportunity. Classy. Been reducing debt.*
- 17th Apr 2020 VLE Volvere - the Lander duo here have a great track record and recent acquisition looks good. Also has Shire Foods (I remember the pies !!) which seems to be improving at last.*
- 17th Apr 2020 Don't forget BOTB (as if I could with constant adverts on Discovery Turbo !!).*
- 17th Apr 2020 UKW, NESF, TRIG - possible 'Green' Funds for Income Portfolio.
- 17th Apr 2020 MRW Morrisons - possible Income Portfolio play with expected Dividend (including Special) around 7%. 85% of Stores are owned not leased (sale and leaseback anyone?). Wholesale part small but growing.*
- 17th Apr 2020 SIR Secure Income REIT - Dividend Yield 4%+ and discount to NAV. Some issues around late rental payments in light of the Virus crisis so that needs weighing up. Bit like PHP in part but more racey. Could be Income Stock.
- 17th Apr 2020 APTD Aptitude Software - was Microgen MCGN. Class act and recently had excellent results.*
- 17th Apr 2020 GRG Greggs - not 'cheap' and obvious issues around Virus Lockdown etc., but excellent track record in recent years and clearly plans for more growth.
- 28th Feb 2020 SPX Spirax-Sarco Engineering - class act in steam management stuff. Some issues with recent Chromolox acquisition but long-term quality. One for when the dust settles. The kind of specialist that gets taken over when things get silly cheap.
- 28th Feb 2020 DOTD DotDigital - Online Marketing Platform - some email aspects I think. Up to £22.5m Cash in January and 86% Recurring Revenue is excellent. Forward P/E around 20 if cash stripped out - decent value for the growth rate. However, there is risk around forecasts due to the Virus but it's an impressive business.*
- 28th Feb 2020 BMY Bloomsbury - Year end Cash should be 40p a share. Strip out and forward P/E 14 and forward Divvy 3% but of course risk around forecasts. Growth from Digital, more to areas outside of Consumer and overseas especially in China. Known for Harry Potter.
- 28th Feb 2020 CRL Creightons - Simon Thompson has as a 'Bargain Share' at 41p when it was on a fwd P/E of 8 but risen since that although Virus could pull it down. Good management and addressing Cost everywhere in the business in order to boost Profit. I saw presentation a while back with piworld. Management hold 37% of shares so quite illiquid.*
- 28th Feb 2020 PCF PCF Bank - was Private & Commercial Finance. Now got Banking Licence. Forward P/E less than 10 and 1.8% Divvy but of course risk around Forecasts due to Virus. Lot of growth potential normally. Paul Hawkins did a Guest Blog on these on my 'Educational Blogs' page on WD1. Going to £750m of Lending would boost earnings a lot but of course risk around that. Simon Thompson Bargain Share.
- 28th Feb 2020 BAR Brand Architekts - was Swallowfield SWL. Simon Thompson 'Bargain Share 2020'. Sold manufacturing bit and will have Net Cash of £24m at Interims. Mkt Cap £22.6m at 175p. New bosses. Very changed business. Need to check manufacturing sale terms because still making stuff for BAR. Some good Fund Managers involved. Overseas and Online opportunity. Recovery Play. 3 year downtrend could break. Divvy to be rebased down but still ok.**
- 28th Feb 2020 XAR Xaar - Simon Thompson 'Bargain Share 2020'. New management, Restructuring, Cash 32.5p a Share (same or more than Share Price). Net Tangible Assets £70m - 89.5p a share. Reminds me of MPAC in the early days before the Recovery kicked in.**
- 8th Feb 2020 TRIG Renewables Infrastructure Fund - mostly onshore wind but some offshore and some solar. Possible 'green' play for Income Portfolio and near 5% Divvy.*
- 8th Feb 2020 WJG Watkins Jones - Cash 30p a share and forward P/E 12 and 3.9% Divvy. Less if cash stripped out. Builds Student Accommodation etc. Simon Thompson covers.*
- 8th Feb 2020 RFX Ramsdens - Pawn Broker and FX etc. Simon Thomson covers. Has 40p cash and on forward P/E 9 if cash stripped out. 3.2% dividend yield and looks good value.*
- 10 Jan 2020 VLE Volvere - has 915p of Cash and excellent record of investments. Simon Thompson has sold but this seems a mistake to me.*
- 10 Jan 2020 CSH Civitas Social Housing - 5% Dividend and Discount to NAV. Tenants very long leases - many for life. Does mentally ill and disabled accommodation. Possible for Income Portfolio.*
- 10 Jan 2020 APF Anglo Pacific - Mining Royalties. Lot on Rio's Kestrel Iron Ore mine in Australia but recent Copper Royalty in South America. Near 4% Dividend not bad.
- 10 Jan 2020 SOHO Triple Point Social Housing REIT - does property for people with special needs and stuff and Housing Associations rent from SOHO. In effect backed by Government and Tenants extremely sticky. Near 5.5% Forward Dividend expected. Income Portfolio.*
- 10 Jan 2020 EBOX - the European version of BBOX - big sheds in Europe. Near 4% Forward Divvy and possible for Income Portfolio.
- 10 Jan 2020 TMG The Mission Group - was TMMG - Mission Marketing. Forward P/E 8 and 3% Dividend - looks cheap. Shore Capital expect Debt to fall to £2.1m at year end 2019. Simon Thompson tip at 79p with Target 115p.**
- 10 Jan 2020 GHT Gresham House Technology - recent Update reads well. Financial Services 'Claretti' software and hardware. Maybe value here. Lot of cash.
- 10 Jan 2020 SHED Urban Logistics REIT - 'Last mile' boxes. Around 4.8% Dividend. Could still be value. Due to raise more Equity perhaps and Debt finance to fuel growth.
- 10 Jan 2020 WIL Wilmington - online training stuff. Bit of debt £33m but not crazy. Near 4% Dividend and recent CEO Share buys. Worth investigating.*
- 10 Jan 2020 RGL Regional REIT - lot going on with new Lets etc. 7% Divvy nice. Worth a look over.
- 10 Jan 2020 Look at EYE - Eagle Eye Solutions.
- 10 Jan 2020 CLL Cello Health - 3% Divvy, Forward P/E 14, Net Cash. Healthcare Marketing. Pulsar unit might get sold off. Triangle on Chart over 2 years and near a Breakout at 140p (at time of writing in my book !!).*
- 10 Jan 2020 MRW Morrissons - possible Income Portfolio Stock. Yield not great around 3% but boring and defensive. Special Dividend expected and around 6.8% yield in total.*
- 10th Jan 2020 GLE MJ Gleeson - northern housebuilder with focus on cheap homes with average price £129k. Target 2000 Builds by 2022. Growth in volumes 19.2% CAGR over last 3 years. Dividend grown 41.9% CAGR over 5 years - that's rapid. Strong uptrend. Around 3% Dividend Yield but should grow fast. £30m Cash. Boris focus on 'The Norf' could be good for GLE.*
- 16th Dec 2019 NWF NWF - does fuel and feed and suchlike for Farmers (North West Farmers? something like that). Solid results and looks cheap. 4% divvy. Got beat up around Brexit worries but this is unlikely to impact as the Government will subsidise them.*
- 16th Dec 2019 VNET Vianet - does IoT connected Vending Machines in Pubs or something. Good results, 4% Dividend. Investigate.
- 16th Dec 2019 EKF EKF Diagnostics - about to pay Maiden Dividend which is a great sign. Has lot of Cash (£11m?). Does medical diagnosis stuff. Forward P/E 20 but lower if strip out the Cash.*
- 16th Dec 2019 Don't forget SONG and PHTM - on SONG look into the 'C' Share issue.*
- 16th Dec 2019 AMO Amino Technologies - Move from Hardware to Software and Recurring Revenue model. Recent acquisition leading to the change but looks very shrewd. Investigate.*
- 16th Dec 2019 JLEN John Laing Environmental Investment Trust - Not managed by JL now but by Foresight - but same people running it. Dividend Yield expected 5.5%. Premium to NAV but could be worth paying to get the Income stream. More diversified across 'Green' stuff than TRIG which is very Wind exposed. Income Portfolio perhaps?*
- 16th Dec 2019 WTAN Witan Investment Trust - a Fund of Funds but 44 years of rising dividend is impressive. 10% yield apparently (surely that can't be right?). Invests in Stocks globally through 10 Fund Managers. Discount to NAV and possible for Income Portfolio.
- 16th Dec 2019 SMDS DS Smith - still looks a strong play on packaging and removal of plastic from packaging. Decent yield as well but a bit cyclical.*
- 16th Dec 2019 OMG Oxford Metrics - is there value here? Has a sports division doing 'elite' stuff. Needs investigating.
- 16th Dec 2019 IHR Impact Healthcare REIT - Elderly care home property play. Around 5.5% Dividend expected and a small premium to NAV. Possible for Income Portfolio. Just does the buildings, doesn't do any wiping of unpleasant bodily fluids.
- 16th Dec 2019 SEIT Energy Efficiency Trust - 5p dividend so yield around 4.6%. Solar panels etc. Recent IPO. Possible for Income Portfolio and gives some 'Green' exposure.
- 23rd Nov 2019 RCDO Ricardo - had recent issues but underneath it's a very high quality and proven business. Possible play on the Environmental boom. Consultancy for transport stuff from Cars to Trains etc.*
- 23rd Nov 2019 CSN Chesnara - recent Dutch acquisition. Attractive Income play and well proven operator at running 'Closed' Life Insurance Books which throws off huge amounts of Cash.*
- 23rd Nov 2019 CCC Computacenter - It's a class act and long established and highest results in its history. Some issues but long term it could be very good. Forward P/E 16 or so not bad and around 2.5% Dividend Yield.*
- 23rd Nov 2019 IBPO iEnergizer - really good results, seems off the radar. Needs investigation.
- 23rd Nov 2019 MRL Marlowe - does Regulatory Compliance stuff in Health & Safety, Fire Safety, Water Treatment, Air quality. Growing by acquisition. 'Sticky' business. Has SaaS solutions - not sure if mainly a software business but seems that way.
- 23rd Nov 2019 BVC BATM - Simon Thompson covers in his article from 30th August on p14 with 'Up in the Air' on the front cover. Sum of The Parts (SOTP) value 60p - currently 42p. Developing Medical Diagnostics thing. Lots of cash. Some Director buys. Network Function Virtualisation - software routers rather than them being hardware - clever stuff and ideal for 5G. Developing this with ARM/Softbank. Israel based though.*
- 23rd Nov 2019 MRW Morrisons Supermarkets - Recent Investors Chronicle main tip. Forward Divvy 6.8% at 200p with Normal plus a Special. Seems better run than other supermarkets and could be a good defensive Income Stock.*
- 23rd Nov 2019 WJG Watkins Jones Group - impressive Results Update. Still winning Orders and a strong pipeline of work for years ahead. Looks good value. Simon Thompson still covering.*
- 23rd Nov 2019 UPGS Up Global Sourcing - good trading update recently - could still be value. Does Electrical Consumer Goods for value retailers, like Robert Dyas.
- 25th Oct 2019 GBG GB Group - does identity management and fraud avoidance etc. Really strong results and strong growth. Excellent track record. Highly rated but could be worth paying up for.*
- 25th Oct 2019 LIT Litigation Capital - like BUR but note Investments in Cases are held on Balance Sheet at their historic Cash level - not finger in the air like on BUR. Simon Thompson has 140p target.*
- 25th Oct 2019 ESNT Essentra - looks like a Turnaround Play - new management in and lots of stuff sold off and new bits been acquired. Still pays around 4.5% Divvy so you get paid to wait. Does filters and stuff.
- 25th Oct 2019 DLG Direct Line Insurance - been under pressure and sector difficult with regulator looking at as well. However near 7% Yield and history of paying Special Dividends in the past. Could be opportunity for Income Portfolio.*
- 25th Oct 2019 DWF DWF !! Main Market listed and fairly recent IPO - bit like GTLY in legal services. Due to pay 5.8p Dividend in 2020, so around 5% Yield.
- 25th Oct 2019 WHR Warehouse REIT - forward Divvy 6.3%, 40% Debt to NAV. IC thinks could be a takeover target. Listed on AIM is quite unusual for REITs. Does 'last mile' distribution property. Possible Income Portfolio stock.
- 23rd Sept 2019 ECK Eckoh - £8m Cash - strip that out and Forward P/E around 22 - not cheap but a hot sector. Secure Payments for Call Centres and lot of Recurring Revenue. Good space to be in. 1.5% Divvy. Good revenue visibility and potential in US in particular. Must be a possible Takeover story.*
- 23rd Sept 2019 SSYS Spectra Systems - growly nicely - bank note authentication and marking of coffee cups etc. ID Marking.*
- 23rd Sept 2019 EYE Eagle Eye Solutions - voucher codes etc. for Retail - encourages customers into stores via app. Revenue growing well and just gone EBITDA positive. Ex TSCO Boss involved I think. INVESTIGATE.
- 23rd Sept 2019 VLG Venture Life Group - IC 5th July 'Fintech's Big Bang' on cover, write up on 4 pages by Simon Thompson. Forward P/E 11 ex £7m Cash. Upside from acquisitions and organic growth. Very like APH, CRL, CLIN etc. Does manufacturing work for APH in Italy. Growing revenue and leading to profits.*
- 23rd Sept 2019 CDM Codemasters - Net Cash and forward P/E 17 ish. Could be good long-term gaming play. Recent game delay but worth weighing up. Hot sector.*
- 23rd Sept 2019 UPGS / DUKE / FLTA interesting.
- 23rd Sept 2019 TEG Ten Entertainment - a smaller version of Market Leader BOWL - does bowling alleys. Forward P/E around 11 and 5% divvy not bad. I wonder if takeover target for BOWL and also could be quite resilient to downturn like CINE was.*
- 23rd Sept 2019 INL Inland - just looks very good value. Simon Thompson in IC thinks 24p onto Share Price for Wilton Park on top of NAV of 103p (share price 66p when entered into Book). Doesn't include uplift for Cheshunt Lakes Development either.*
- 23rd Sept 2019 EAH Eco Animal Health - in downtrend so no need to rush and impacted by China tariffs and Swine Flu perhaps. Has lot of cash and 3% Divvy. Forward P/E around 17 ish not bad.
- 29th Aug 2019 KAPE Kape Technologies - CyberSecurity. Has about 19p in Cash per share and strip that out you get fwd P/E for 2020 of about 7.5 which looks very cheap. Tedi Sagi involved but perhaps worth any 'risk' he brings as many of his Stocks get takeovers etc. Hot sector.*
- 29th Aug 2019 ADM Admiral Insurance - possible Income Portfolio stock?
- 29th Aug 2019 BOWL Hollywood Bowl - still looks appealing.*
- 29th Aug 2019 AVON Avon Rubber - classy, nice acquisition.
- 29th Aug 2019 BMY Bloomsbury - still looks good value. Fwd p/e under 12 if cash stripped out. Possible forecast upgrades. Move to digital important strategically.*
- 29th Aug 2019 PHTM Photo Me - Had issues but possible Recovery play. Divvy 8% and has £16m Cash to back it. Laundry machines growing really fast. New juice business has potential. Out of the sharp downtrend. Long track record. Note IC has tipped this as a 'Sell' this week.
- 29th Aug 2019 CAPD Capital Drilling - recent IC main tip. Cash $10m, 5.8% forward divvy. In recent downturn they did not cut the dividend. Does drilling equipment in Africa and some right dodgy places. High Risk so small position size probably wise. In uptrend. Play on Gold.*
- 29th Aug 2019 GRID - Energy storage Investment Trust. 4.5p Divvy due this year then progressive dividend policy going forwards. Gresham House GHE manages. One for Income Portfolio?
- 29th Aug 2019 GTLY Gateley - legal business. Still looks interesting and near 5% divvy.*
- 19th Jul 2019 TRCS Tracsis - looks decent with £18.7m cash and forward P/E 21. Good 'track' record (I am sure there is a pathetic joke there) and many customers within UK rail. Expect move into US Market and strong balance sheet so room for acquisitions.
- 19th Jul 2019 KAPE Kape Technologies - cybersecurity stuff. Has about 21p a share in cash - strip that out and forward P/E around 11 - cheap. Tedi Sagi involved which I have been nervous about before after Netplay NPT bought too cheap off me but many of his Stocks do well and Safecharge SCH recently taken over which he is involved in. Hot sector and products sell to consumers.*
- 19th Jul 2019 AVON Avon Rubber - due to spend up to $150m on acquisitions over next 2 years - should boost earnings. Looking at 30 targets. Seems a moaty business now Respirator got DOD approval.*
- 19th Jul 2019 KETL Strix - near 5% forward Divvy and good cash flow. Potential in Water Filters and US for Kettle bits (safety cut-outs). Recently bought Halosource which could provide more upside. Simon Thompson covers.*
- 22nd Jun 2019 EAH Eco Animal Health - not cheap but reliable demand and defensive. Drugs etc. for Pigs and suchlike farm animals. Some impact from Swine Flu in China.
- 22nd Jun 2019 CDM Codemasters - Computer Gaming. Net Cash and forward P/E 16 not bad. Worth a look.*
- 22nd Jun 2019 AVST Avast - cybersecurity software for the masses. Forward P/E 13, forward Yield 3%, interesting.
- 22nd Jun 2019 SOG Sopheon - really impressive business with huge market opportunity and growing fast. Lots of cash and SAAS model will bring more Recurring Revenue. Like a lot.*
- 22nd Jun 2019 SBRE Sabre Insurance - perhaps would work for Income Portfolio. Motor Insurance and recent IPO but well proven specialist. 5.4% Divvy yield but includes 6p of Special Dividend which may not be repeated.*
- 22nd Jun 2019 NETW Network International - recent IPO on main market. Dubai based does ePayments in Middle East and Africa. CEO was at Worldpay. Worth investigating as a hot sector with many takeovers.
- 22nd Jun 2019 MGP Medica - Teleradiology stuff. 100 NHS Trusts but margins are reducing as move to Framework Contracts. Fwd P/E under 17, near 2% Divvy. Net Cash tiny though. Expansion to Australia and NZ has lot of potential. New CEO lined up.
- 22nd Jun 2019 AFX Alpha FX - looks a good growth stock. Does FX services like Platforms etc. Move to focus on institutional clients. Not cheap but probably worth paying up for. Has Cash and a progressive dividend policy.*
- 22nd Jun 2019 CLL Cello Health - fwd P/E 14, 3%+ forward Divvy, £6.3m Cash. Possible takeover target Investors Chronicle suggests. Near a 3 year chart breakout.*
- 25th May 2019 TEG Ten Entertainment - Bowling Alleys. Forward P/E 11, 5% Divvy, growth from new bowling sites. Looks good value.*
- 25th May 2019 EMIS - Quality business with very sticky products. Does Healthcare software and because patients use it they are hard for competitors to knock out. Recent issues sorted with minimal damage. Forward Divvy 2.5%+.*
- 25th May 2019 SDL - Language Translation. Recent hiccup but back on form. Quality business with Net Cash and forward P/E 20 not 'cheap' but probably worth paying. Strong history.*
- 25th May 2019 TM17 Team 17 - Games Developer. £28m Cash. Not 'cheap' but a hot sector. Some big Director Sells I think so may come under pressure short term.*
- 25th May 2019 JDG Judges Scientific - forward P/E 16, forward Divvy 1.5% and has Cash. Buys small scientific instruments businesses. Great Uptrend. Firepower for more acquisitions and did none in 2018 so expect some. Lot to like.*
- 25th May 2019 Asian Income Investment Trusts such as HFEL, SOI - decent Yields and a bit of spice. Maybe fit in my Income Portfolio but expect volatiliy.*
- 25th May 2019 BMY Bloomsbury - forward P/E 17 and less if you strip out Cash. 3%+ Divvy. Trading well and not totally dependent on Harry Potter.
- 11th May 2019 CCC Computacenter - forward P/E 15 and over 2.5% Divvy with £200m Cash. 30 year growth record. Very interesting.*
- 11th May 2019 EQN Equiniti - recent IPO and does financial services admin stuff which Banks and Asset Managers etc. are outsourcing. Debt quite high but forward P/E 11 not bad. Future potential looks promising.
- 11th May 2019 BOY Bodycote - forward P/E 15 and near 5% Divvy if you include Special Dividend (in recent years they have paid several). £36m Cash is nice and it's a quality business which could easily be a takeover target.*
- 11th May 2019 ADM Admiral - 6% Divvy very attractive. Decent history since IPO and owns confused.com. Income stock maybe. I am a customer and they are decent on competitive pricing and Claims handling with decent customer service (I put an MX5 into a Nissan Qashqai a while back and which one would you think drove off afterwards? Yep, you are wrong - my MX5 drove home and the Cashcow was dead....)
- 11th May 2019 XPP XP Power - still looks good with forward P/E 15 and 3.5% Divvy not bad for proven quality. Bit of debt but growth pretty good.*
- 11th May 2019 BBOX Big Box REIT - near 5% divvy yield and about 7% discount to forward NAV. Strong demand for huge sheds just off the motorway and ecommerce still in its infancy. Possible for Income Portfolio.*
- 11th May 2019 SPT Spirent - Network testing and security. Had issues but going well now. Big cash pile and over 2% divvy yield and this is likely to rise. Strong chart and forward P/E around 17 not bad.*
- 11th May 2019 IBST Ibstock - don't forget the Brick Makers - strong demand from political imperatives to build, build, build. Also FORT and MBH.*
- 11th May 2019 THRL Target Healthcare REIT - Care homes property with similarities to PHP with very reliable Rental Payments and buoyant demand from an aging population. Over 5% Divvy but premium to NAV - although that is quite normal in the sector. Possible Income Portfolio play.*
- 26th Apr 2019 HSTG Hastings - possible Income Stock - with 6%+ Dividend.*
- 26th Apr 2019 RCDO Ricardo - Quality on forward P/E 12, 3% Divvy. Came out of recent downtrend. Possible takeover I reckon.*
- 26th Apr 2019 FFX FairFX - forecasts 7p in 2019 EPS then 9p in 2020 on 97p that looks cheap. Seems to have cash but Balance Sheet needs thorough check. Interesting Payments play.*
- 26th Apr 2019 RFX Ramsdens - still looks cheap, forward P/E under 8 if strip cash out. 4.5% divvy.*
- 26th Apr 2019 SOG Statpro Group - forward P/E 14 divvy 2.5%. Chart turning up maybe. Got firepower for acquisitions. Trading ok.*
- 26th Apr 2019 GTLY Gateley - looks great value on forward P/E 12, 4.5% Divvy yield. Recent Director sales though.
- 26th Apr 2019 TET Treatt - flavours and ingredients stuff - citrus/tea, sugar reduction. Plant expansion UK and US should mean more efficient and scope for growth. Expensive but perhaps worth paying up.
- 26th Apr 2019 MANO - Manolete Partners - recent IPO looks interesting. Liquidation financing. Investigate.
- 26th Apr 2019 DUKE Duke Royalty - unusual Royalty funding model. Forward P/E 11.5, 8.3% Divvy yield - lot to like !! Simon Thompson covers. Growing Portfolio of Royalty Partners which has benefit of lowering Risk as well as adding to Revenue etc.*
- 12th Apr 2019 PCF PCF Bank - used to be Private and Commercial Finance but got a Banking Licence and changed a lot. Forward P/E 11 falling to 9 - looks cheap. Transformation to Bank still happening and Bridging Loan bit and Broadcast Finance acquisition growing. Simon Thompson covers.*
- 12th Apr 2019 FLO Flowtech Fluidpower - Forward P/E below 8 and 5% Divvy Yield - attractive. Had a recent Warning but looks to have stabilised. Could be cheap. SImon Thompson covers.
- 12th Apr 2019 MKLW AJ Muchlow - Stifel forecast NAV 591p a Share at June 2019 - now 512p. 4.6% Divvy Yield. Reversionary Value when Rents renewed. Not much debt. Executive Chairman going. Midlands Warehouses and Industrial units.
- 12th Apr 2019 EKT Elektron - Simon Thompson covers in IC on 15th Feb p16 says "buy" at 42p (now 39p) with his Target of 70p. Turned down Offer for Bulgin Unit worth more than £83m (now Mkt Cap £72.5m) and has £10.1m Cash worth 5.4p per share. Expect EPS 2.5p Year Ending Jan 2020 with Cash up to £14.8m, so ST says on Forward P/E 13.5. Big rationalisation and selling other small bits as well.*
- 4th Apr 2019 RCDO Ricardo - class act - supplies Engines to Mclaren. Car / Engine / Environmental consultancy and EVs. Dropped a lot and still falling so no rush to buy but at some point this is a steal. Possible takeover and unique expertise. Over 3% divvy.*
- 4th Apr 2019 SDL - Language Translation software. Seen hard times recently but looks like it is recovering. Good uptrend over 1 year. Investigate.
- 4th Apr 2019 TMMG The Mission Marketing Group - forward P/E 8, forward Divvy 3.5% or so. Simon Thompson covers. Great uptrend. Debt falling. Looks cheap.*
- 4th Apr 2019 SBIZ Simply Biz - does all sorts of Financial things for IFAs eg. Mortgage surveying. Recent IPO. Simon Thompson covers in IC. Needs investigating.
- 4th Apr 2019 CLL Cello Health - healthcare marketing/PR stuff. Relationships with many leading US Medical/Drug groups. Forward P/E 13, 3.4% forward Divvy, £6m Cash. Nice.*
- 4th Apr 2019 MGP Medica Group - radiology over the net thing. Good growth. Interesting.*
- 4th Apr 2019 IBPO iEnergizer - some sort of Marketing thing. Forward P/E 12, good uptrend and strong "ahead of expectations" Trading Update. Not one I know - investigate.
- 22nd Mar 2019 AFM Alpha Financial Markets - consultancy to financial institutions. Strong growth and mostly organic. Added Headcount is big driver. Forward P/E around 18 with 2.4% Divvy. £10m Cash. Investigate.
- 22nd Mar 2019 UEM Utilico Emerging Markets - play on Emerging Markets and Infrastructure. 3.2% Yield should slowly grow over time and paid quarterly. Could be safer way to play EM. 10% Discount to NAV.*
- 22nd Mar 2019 JLEN John Laing Environmental Assets - near 6% Divvy Yield although 10% premium to NAV perhaps a bit high at the moment. Could be possible for Income Portfolio but need to understand the risks of what it is actually invested in.
- 22nd Mar 2019 PEN Pennant International - defence training software stuff. 90% of 2019 revenue in the bag and likely to win big MOD Contract so should be Broker Upgrades. Forward P/E 11 looks cheap and has cash.*
- 11th Mar 2019 TTG TT Electronics - looking to do more in IoT. Forward P/E 11, 3.1% Divvy. Worth investigating.
- 11th Mar 2019 SMDS DS Smith - dropped a bit lately. Forward P/E 10, 4.3% Dividend Yield - not bad. Sold Plastics Division which will help pay down Debt. Does cardboard etc. packaging which is in demand due to Online Retail.*
- 11th Mar 2019 BOY Bodycote - Specialist Coatings - excellent results recently and 20p Special Dividend. Net Cash pile. Classy.*
- 11th Mar 2019 ANP Anpario - used to be Kiotech. Agriculture/Aquaculture feed stuff. Big Cash pile and done well over many years. Some swine flu issues but that will pass. 2% Divvy.*
- 11th Mar 2019 SDI Scientific Digital Imaging - Martin Flitton @PrivatePunter covered in his Paper Column - looks an interesting small growth business. Nice uptrend.
- 11th Mar 2019 ZYT Zytronic - had trading issues but sat on £14m Cash. Could be good Recovery play and big dividend. Does screens (touchscreens).
- 11th Mar 2019 KETL Strix - forecast 7.7p Dividend in 2019 so around 4.7% Divvy Yield. Barriers to entry from patents and established customers for over a decade in many cases. Also the Water Filter bit which has potential.*
- 11th Mar 2019 HWG Harworth Group - former property bit of UK Coal. Specialists in regeneration of contaminated land clearing up etc. - buys at a tenth of the cleaned up value. Due to size of sites there is 20p not shown in NAV per Share so true Discount to NAV is about 35%. Investment side in Commercial Property as well.
- 16th Feb 2019 OMG Oxford Metrics - worth a good look. Software around visual IT etc.
- 16th Feb 2019 FCRM Fulcrum Utility - forward P/E 13/14, 4% divvy. £10m Cash. Moving into Smart Meters and looking at EV Chargepoints which could be appealing.*
- 16th Feb 2019 CBG Close Brothers - over 4.5% divvy yield expected and NEVER cut divvy since listing in 1984 - superb record. Commercial Banking - possible for Income Portfolio.*
- 16th Feb 2019 FPO First Property. 15%+ discount to NAV and divvy yield about 3.2%. Quality management. Polish property.*
- 16th Feb 2019 RFX Ramsdens - Simon Thompson Bargain Share. Just looks cheap. 40p Cash on balance sheet per share. Forward P.E 7 ex cash.*
- 16th Feb 2019 LIT Litigation Capital Management - one of Simon Thompson's 'Bargain Stocks 2019' and a mini Burford BUR. Note chairman ex Burford.*
- 16th Feb 2019 TMMG Mission Marketing - forward P/E 6, near 4% divvy. £4m Cash - Marketing is cyclical but that looks cheap.
- 16th Feb 2019 PEN Pennant International - Defence sector training software etc. Driven by complexity of new weapons and cost of using 'real' stuff and safety aspects. Forwards P/E 12 not bad and has cash looks cheap.*
- 16th Feb 2019 AVON Avon Rubber - lots of cash and looking at acquisitions. Trading well. Forward P/E less than 18. Nice. *
- 16th Feb 2019 GRI Grainger - recently bought GRIP portfolio with Rights Issue. Need to see NAV forecasts but I suspect it's cheap. Great play on PRS theme.*
- 16th Feb 2019 CDM Codemasters - deal with NetEase means "will beat expectations" - forward P/E 16 not bad for Games Developer. New launches due. Has cash pile. Interesting.*
- 16th Feb 2019 WHR Warehouse REIT - near 6% Divvy. 5% discount to NAV and recent disposals on premium to book value. Big Boxes still a theme.*
- 16th Feb 2019 VLX Volex - forward P/E 10. Nat Rothschild chairman. Issues around China/US tax - has factories in China and possible move. Done lot of acquisitions and a Placing. Log of strategy stuff going on. Cash from the Placing.
- 16th Feb 2019 TRCS Tracsis - no steal on forward P/E 23 ish but seems high quality. Software for Rail and Transportation. Recent small bolt-on acquisitions.*
- 16th Feb 2019 TATE Tate & Lyle - out of sugar these days and now a food ingredients business. Boring as hell but defensive and predictable. Over 4% Divvy and around P/E 12. Possible Income Portfolio Stock.*
- 19th Jan 2019 GHE Gresham House - Simon Thompson tipped at 470p Nov 16 - 22 copy with Target of 650p (and he tends to under-target). Strip out Cash around 145p and forward P/E 9 now. Asset Manager in Forestry, Energy Infrastructure etc. New Funds and acquisitions. Starting a 'Progressive Dividend Policy' with Maiden Divvy 2.5p - lovely to see. AIM listed.*
- 19th Jan 2019 CTP Castleton Technology - forward P/E 16 not bad. Does software for Housing Assocations. Bit of debt. MXCP were invested in them but sold out. AIM listed.
- 19th Jan 2019 BOWL Hollywood Bowl - 3% Divvy and Special Dividends on top expected. Introduced 'Dynamic Pricing' and ordering of Food & Drink at the Lanes. Lot of Cash generation. Adding 2 new Sites per year.*
- 19th Jan 2019 BVIC Britvic - IC Tip of the Year - 4% Divvy. Well ahead on Sugar Tax due to reformulations and Capital Expenditure expected to fall and Margins improve. Debt highish but defensive and that should get paid down.
- 19th Jan 2019 CCR C&C Group - does Magners Cider, Tenants wee water, etc. Recent acquisition of Mathew Clark. 5% Divvy yield quite appealing and move to Craft Beers.
- 19th Jan 2019 PCF Group - recently got a Banking Licence and has retail deposits. Target to increase Loan Book to £350m from about £219m at the moment. Does Business Asset Lending and Simon Thompson covers. Forward P/E 9 looks cheap for the growth and operational gearing but of course a slowing Economy would hurt if Brexit politics gets really messy.
- 19th Jan 2019 SOG Statpro Group - financial software for Portfolio Analysis. Dropped a lot from the Peak - decent business.*
- 19th Jan 2019 VLE Volvere - proven ability to acquire and turnaround failing small businesses. Simon Thompson has NAV at 1233p at end of October. Great 3 year uptrend.*
- 21st Dec 2018 BME B&M European Value - in the right bit of retail in the Value space. 927 Stores and opening 45 more this year. Only 7% of Revenue is in Europe. Near 5% yield according to Broker forecasts when 10p a year of Special Dividends included.*
- 21st Dec 2018 SCT Softcat - 52 consecutive quarters of Revenue and profit growth - very impressive. Forward P/E 19 but if drops more could be a super buy. IT Services and a bit like CCC Computacenter.*
- 21st Dec 2018 HOTC Hotel Chocolat - good growth record and strong Balance Sheet. Quality operator and expansion overseas now in New York. Premium Brand.*
- 21st Dec 2018 SUMO - similarities to KWS Keywords Studios - Games developer stuff. Shares dropped lately and fwd P/E around 25. Strong growth in fees. Directors buying. INVESTIGATE.
- 21st Dec 2018 INL Inland Homes - looks cheap at 49p or so - fwd P/E 7 and fwd Divvy near 5%. New 'Hugg' Homes initiative for Modular affordable housing.*
- 21st Dec 2018 CLL Cello Healthcare - Health PR, marketing drug launches etc. Fallen lot of late - forward P/E 11 or so and 3.5% Divvy. Recent Director buying. Like a lot.*
- 21st Dec 2018 CBOX Cakebox - very good results but small and high risk. Does cream cakes with shop and internet but focus on Vegan which is a growing trend.
- 21st Dec 2018 SND Sanderson - good results - retail software and seems good at Ecommerce stuff.*
- 21st Dec 2018 SGE Sage - shift to SAAS offerings. Shares off a lot and worth a look. Classy business and 'sticky'.
- 21st Dec 2018 EZJ Easyjet - often a good buy when Share Price down low like now. 5% Divvy. Best of the Low Cost Airlines and fairly Brexit proof.*
- 21st Dec 2018 GBG GB Group - Identity cybersec and software etc. Class act. Dropped a lot but still high rating around 32 but probably worth it. No rush.*
- 21st Dec 2018 SSY Scisys - forward P/E under 13 looks cheap.*
- 21st Dec 2018 AVON Avon Rubber - lot to like.
- 21st Dec 2018 ACSO Accesso Technology - class act in Queueing Systems and ticketing especially in Theme Parks. Dropped a lot and fwd P/E 30 or less is low by usual standards. Worth considering, move to healthcare.*
- 21st Dec 2018 GLE MJ Gleeson - housebuilder in north of England with very low prices - average £125k. Also land sales. Looks good and over 4.5% divvy.
- 21st Dec 2018 RST Restore - Document storage which is sticky and cash generating. Come off Peak a lot and on forward P/E 17 or less now. Very acquisitive but good record of doing this successfully.
- 2nd Nov 2018 MRO Melrose - class act with strong record of squeezing value out of Engineering Businesses which it acquires. In essence MRO is now largely GKN but does have Nortek as well. Fwd Divvy around 3% not bad so you get paid to wait. I hear GKN is being prepared for Disposal of various bits.*
- 2nd Nov 2018 SBIZ Simply Biz - recent IPO. Does services, software, consultancy stuff for Financial Services institutions - looks interesting. Net Cash and forecast to do 15p of EPS in 2020 and 5p Divvy - so forward p/e around 11 and 3% Divvy. Simon Thompson covers.
- 2nd Nov 2018 BOTB, PMP, NET, G4M (this is clearly some sort of code to myself which I scribbled in my Little Black Book - remember what you see here is a direct copy of my Book. These are most definitely Stocks that appeal to me a lot).*
- 2nd Nov 2018 MACF MacFarlane - packaging business, growing well. Done some recent acquisitions. Small bit of debt. Fwd P/E 13 or less, looks good value. 2% Divvy Yield. Nice uptrend.*
- 2nd Nov 2018 XLM XL Media - looks cheap, results hint at Turnaround. High Risk.
- 2nd Nov 2018 DUKE Duke Royalty - similar to APF in that it does Royalty Agreements (although obviously APF is in mining) but invests in established small businesses. Got 5 Deals already and due to pay around 6.2% Dividend which could rise.*
- 2nd Nov 2018 GAN - could be interesting - software play on Online Gambling - record Revenue etc. Expected gains from US Online Gambling deregulation. One to investigate further.
- 20th Sept 2018 ADM Admiral - Near 6% Divvy and very well managed. Overseas growth. Low Combined Ratio on Motor so highly profitable. Strong Brand and irritating TV Adverts !!*
- 20th Sept 2018 JPJ - change of name from JackPotJoy - Sold Social Gambling bit and paying down Debt but should introduce Divvy next year. Forward P/E 7, Earnings Yield 14% (100% divided by 7) - so scope for a decent Dividend Yield like maybe 5%. Gambling attracts political attention though and just today the Labour Loons were on about banning Advertising for Gambling stuff. It could be under the radar though and good value. Lot of Debt but coming down and lot of Cash Generation.*
- 20th Sept 2018 BBOX Tritax Big Box - big sheds just off motorways - benefits from Home Shopping. 4.3% Divvy and trading around NAV. Good Income Stock with good history since IPO.*
- 20th Sept 2018 VTC Vitec - great uptrend. Forward P/E just under 16. 2.5% Divvy. Small Debt. Photographic and broadcasting stuff.
- 20th Sept 2018 STB Secure Trust Bank - forward Divvy 4.5%+ getting attractive. I like the prudent lending approach. Chart not great yet.
- 20th Sept 2018 TTG TT Electronics - lot of recent acquisitions and looks a much better and very different business these days. I like the moves into IoT stuff. Forward P/E 19, fwd Divvy 2.5%. Some debt.
- 20th Sept 2018 UDG UDG Healthcare - still falling but could be value soon. 2% Divvy and forward P/E around 18, but high Cash generation. Possible Special Divvy. Quality business.
- 20th Sept 2018 EZJ Easyjet - the standout low cost operator - current market falls could be opportunity. 5% forward Divvy. Great brand. Brexit proof as has Austrian licence.*
- 20th Sept 2018 ROBG Robotics Fund thing - looks a good way to play big theme although pretty much any Tech Fund probably has similarities eg. PCT, HRI
- 4th Sept 2018 ULE Ultraelectronics - fwd P/E 14 low by ULE usual standards. 3% Divvy and looks like business is recovering after recent problems in US. New CEO is a big positive.*
- 4th Sept 2018 SPT Spirent - could be value here - needs investigating but lot to like. Network Testing etc. 2.8% Divvy, Net Cash.
- 4th Sept 2018 PMP Portmeiron - still like this a lot. Strong growth in US and Wax Lyrical blending in well. Enduring brands.*
- 4th Sept 2018 GAMA Gama Communications - is there still value? Superb set of Results. Telecoms stuff - got momentum.*
- 4th Sept 2018 W7L Warpaint - still looks interesting - seems to be steadily making progress in the business.
- 4th Sept 2018 DLG Direct Line - Motor Insurance etc. 6% Divvy yield and high Solvency Ratio. Results skewed by higher Claims due to tough winter. Looking for new CEO.
- 4th Sept 2018 SBRE Sabre Insurance - very low Combined Ratio so lot of profit. Niche Motor Insurance (I am sure I used them 30 years ago !!). Fwd P/E 13, fwd Divvy 2.6% but Investors Chronicle thinks a Special Dividend is likely.
- 4th Sept 2018 BKS Beeks Financial - small at moment but fast growth. Very good recent Update. Does Financial Services software/Cloud stuff.
- 4th Sept 2018 Brick Makers still look good as Building will clearly be a big theme in coming years, whatever Government is in power. IBST FORT MBH
- 4th Sept 2018 MRL Marlowe (NOTE: previously I had this as MLN Malvern but it was an error - thanks to the peeps on Twitter who corrected me on this) - superb 3 year Uptrend. Recent Acquisition in Water Services - Suez. Worth a good look.
- 4th Sept 2018 DIA Dialight - could this be a Recovery play? New CEO (I always like this !!) and bit of Director buying. Needs investigating.
- 4th Sept 2018 EQN Equiniti - dropped back a lot lately after bearish Analyst Note. Is it overdone? Needs investigation. Does Financial Services Admin stuff.
- 4th Sept 2018 D4T4 - Good results and Cash up. Look at CBOX Cakebox and GOR fwd P/E 10, 4.6% yield, net Cash.
- 4th Sept 2018 OPM OnePM - Finance for small business and stepping into gap left by Banks. 7 Acquisitions in recent years and now much more diverse. Debt Factoring a recent addition. Fwd P/E 6.7 and near 2% Divvy - looks cheap. Simon Thompson covers this.*
- 4th Sept 2018 ITV - move to more studio production and exploiting back-catalogue/library with Streaming Service. Reducing reliance of Ad Revenues. Forward P/E 11 or less looks cheap and "at least 8p divvy" each of next 2 years gives nice visibility. I hold ETO which is similar in terms of Content production.*
- 4th Sept 2018 WPY Worldpay - Merger with Vantiv going well and beating expectations. Forward P/E 20 not 'cheap' but this looks a good ePayments growth play. US Listed but UK A Class Shares. Payments Regulator PRS doing review of Sector.*
- 4th Sept 2018 FFX FairFX - strong growth, great uptrend on chart. Net Cash £18m ish. Forward P/E 14, PEG 0.7. Risky though.*
- 4th Sept 2018 HOTC Hotel Chocolate - class act. Expensive in P/E terms but has cash and international expansion very possible and huge scope.*
- 4th Sept 2018 CSN Chesnara - fwd Divvy 5.5% is very juicy. Recent Dutch acquisition and great track record of integrating such buys of Closed Book Life Assurers. Issue with FCA over Countrywide Assured but looks pretty minor.
- 4th Sept 2018 GTLY Gately - looks good still and over 4% forward Dividend Yield. Small debt. Recent acquisitions and growing. Legal business.*
- 4th Sept 2018 SDL - Language Translation. Well established and most definitely a quality player but the valuation is toppy.
- 4th Sept 2018 FLTA Filta - Franchise Chip-shop Oil recycling and management. Could be very good Growth Stock but the Valuation looks stretched and its quite early stage but does make Profit.
- 7th August 2018 PHTM Photo Me - recent Profit Warning which is a big concern but could be Value here as very strong Cash Generation and Laundry bit growing fast and becoming a significant proportion of Revenue. Problems in Japan and taking action to address - if they pull it off, then this could be a great buy. Has Cash Pile and near 7% Dividend. Risky buy after a Warning though.*
- 7th August 2018 ELCO Elecosoft - looks interesting - Building Management software. Not cheap on a fwd P/E of 23 but acquisitive and growing.
- 7th August 2018 EAH Eco Animal Health - not cheap but Animal Medicines is a good area to be in. Net Cash and pays a Divvy. Very reliant on one product but looking for Acquisitions to expand Offering. Chart in downtrend. Worth investigating.
- 7th August 2018 MYX Mycelx - cleans polluted Water with focus on Saudi but lots of other country operations. Small Loss in recent Results but Revenue growing fast. Looks interesting.
- 7th August 2018 EQN Equiniti - finance admin stuff and strong recent Results. Downtrend though which is off-putting. US moves.
- 7th August 2018 BMY Bloomsbury - £25m Cash, fwd P/E 15 - less if Cash stripped out. Fwd Divvy 3.5%. Harry Potter Cash Cow and Academic and Adult stuff shrewd moves.*
- 7th August 2018 EZJ Easyjet - the Class Act in Airlines Sector. Perhaps one to build stake in over time but hold Long Term. Good divvy and ready for Brexit with Austrian Operator Licence.*
- 7th August 2018 CTP Castleton Technology - recent IC Tip. Does software etc. for Housing Associations - looks pretty good and decent Value.*
- 7th August 2018 ARC Arcontech - very small but latest Leon Boros stock. Finance software and good recent Results. Needs investigating.
- 9th July 2018 GOR Gordon Dadds Group - Law stuff. Forward Divvy 2.3% and forward P/E 13 looks good value. Recent IPO and £8m Cash from this still. Says 5 recent Acquisitions not yet reflected in Results - upside potential here.*
- 9th July 2018 VLE Volvere - strip out 445p a Share in cash and Impetus Auto and Shire Foods combined yearly Pretax Profit on P/E 4.4. Shire is not particularly amazing but Impetus very impressive. Clearly value here and strong Uptrend.*
- 9th July 2018 FPO First Property - still looks excellent. Great deal buying Krakow Business Park and Fund bit going well. Looks like lot of hidden value in Portfolio and record of growth. Fwd Divvy 2.7%. Simon Thompson covers with Target 65p and he is always low on Targets. Ben Habib proving to be very shrewd.*
- 9th July 2018 AMPH Aggregated Micro Power Holdings - does wood chip fuel stuff. Revenue nice and good Profit growth. Looking at EV and Charging Points etc. Recent RNS good - needs Investigating.*
- 9th July 2018 AFM Alpha Financial Markets - recent Financial Admin IPO. Strong growth expectations. Fwd P/E 21 not too silly and Divvy around 2%. Blockchain/Fintech division. Strong Uptrend. £10m Cash from IPO.*
- 9th July 2018 HWG Harworth Group - former UK Coal. 15% Discount to forward NAV. Huge Land Bank with loads of Residential with Planning Consent and some Commercial. Buying more Land. Great Uptrend with low Debt but only a small Divvy though.*
- 9th July 2018 VP. VP Hire - fwd P/E under 11. Recent acquisition of Brandon Tool Hire. Chart looks very strong.*
- 9th July 2018 SUMO - Video Game Production, red hot sector. Recent IPO with historic results skewed by one-offs like Amortisation treatment. Great uptrend and Net Cash - scope for more Acquisitions. Loss making now but growth and market expanding. High Risk so perhaps a Stoploss makes sense.*
- 9th July 2018 LGEN Legal & General - fwd Divvy 6.5% is chunky. Fwd P/E 8 looks good value. Never cut Dividend but been on the Market for years. Like all Life Insurance etc. it tends to move with the wider Markets.*
- 9th July 2018 FLO Flow Group - still looks interesting. Malcolm Diamond from TRI is involved.*
- 9th July 2018 BOTB Best of the Best - decent Results recently. Now 100% online. Investing in TV Ads etc. which could boost Sales.*
- 9th July 2018 PTSG Premier Technical Services - building maintenance stuff etc., with Fire Sprinkler systems being an interesting part after Grenfell Tower. Needs investigation.
- 9th July 2018 CRL Creightons - good results, expanding capacity. Recent drop looks good chance to buy in.*
- 15th June 2018 BOWL Hollywood Bowl - 10-pin Bowling. Great uptrend. Fwd Divvy 3% and recent big hike in the Payout as well as Special Divvy in recent past - very Cash Generative.*
- 15th June 2018 CWK Cranswick - Pork and Chicken meat processing. Strong Uptrend for long time. 28 years of consecutive Dividend rises - wow. Excellent Buy & Hold Stock. Fwd P/E 21 but worth paying up for.*
- 15th June 2018 WHR Warehouse REIT - 102p now with 6p Dividend due 2019 (raised from 5.5p). NAV 109p. 'Last Mile' Warehouses. Recent IPO.*
- 15th June 2018 KEYS Keystone Law - not 'cheap' on fwd P/E 23+ and 2.5% Divvy but Platform Model means fixed Cost Base so strong Operational Gearing as they recruit more Self-employed Lawyers and Fees go up. Only pay Lawyer when end-client has paid KEYS so good Cashflow. Recent IPO and good uptrend since Float.*
- 15th June 2018 G4M Gear 4 Music - Revenue growing strongly. Internet is the future (apparently).*
- 15th June 2018 LUCE Luceco - had trouble, possible Recovery Play. CFO recently bought shares. US Operation closed down. Sales up. Needs investigation.
- 15th June 2018 HZD Horizon Discovery - still appeals to me. Loss making but rebuffed approach from Abcam ABC - suggests value. Genetic Engineering is a huge future Big Theme with CRISPR-Cas9 incredible potential uses.
- 15th June 2018 DIS Disney - US listed. Simply a Brand Powerhouse with Mickey, Snow White, Lion King, Frozen, Star Wars, Marvel etc. Issues around Fox possible acquisition but due to launch own Streaming Service soon. Resorts/Theme Parks/Cruises doing OK. Enduring Long Term buy with near 2% Dividend and fwd P/E 14 ish.**
- 15th June 2018 JUST Just Retirement - doing well in Pension Scheme Derisking market. Forward P/E under 8, 2.8% Divvy. Synergies from PA Acquisition better than anticipated. Looks cheap.
- 15th June 2018 RQIH Randall & Quilter - Insurance services - lot of recent reshaping of the business. Great 3 year uptrend. 5.2% forward Divvy. 12.8% forward P/E. Looks good.*
- 15th June 2018 W7L Warpaint London - seems to be growing nicely. Has cash. Fwd P/E 15 ish seems reasonable. 2% Divvy.*
- 15th June 2018 SIR Secure Income REIT - invests as says on the tin. Possible Income Portfolio Stock with fwd Divvy 3.9% rising to 4.1%. Recent IPO, nice Uptrend.
- 18th May 2018 GBG GB Group - Security authentication IT stuff. Classy. Fwd P/E 37 but forecasts look way too low.*
- 18th May 2018 GRG Greggs - Profit Warning but I suspect very much a consequence of awful weather. Possible Income Portfolio stock. No rush.*
- 18th May 2018 RFX Ramsdens - 45p a Share in cash. Forward P/E 10. Divvy over 3%. Looks good value. Good uptrend since IPO. FX and pawnbroking.*
- 18th May 2018 ITV - decent Trading Update. Decline in Ad Revenue halted. Studios going well. Carolyn McColl ex EZJ doing the business. Fwd P/E 10, over 5% divvy forecast.*
- 18th May 2018 PRSR PRS REIT - Private Rented Sector. 5p Divvy in 2018 then 6% yield target in future. Clearly strong trend this way looks nice tedious Income Stock.*
- 18th May 2018 SSY Scisys - Simon Thompson covers. Fwd P/E 13.5, 1.6% Divvy. Debt falling fast. Plans to relocate to Germany if Brexit causes issues with Gallileo Space work. Arnova acquisition been going well - does Media/Broadcast software as well.*
- 18th May 2018 EBQ Ebiquity - just sold a business for £26m which will mean debt wiped out. Looks like has potential.
- 18th May 2018 TAP Taptica - fwd P/E 11. Digital advertising stuff. Share Price dragged down by Facebook worries but arguably nothing to do with TAP (on their website there is interview with CEO about this). Has lots of cash after recent $30m Placing (check why this was needed). Some director buys. Israel based. Interesting. Generates cash. CAGR Growth 49% over last 4 years - stunning.*
- 18th May 2018 SBRE Sabre Insurance - specialist Car Insurer (I am sure I was insured with them 20 years ago). Combined Ratio 68.5% is super low (lower the better and over 100% is loss making). 160% Solvency Coverage Ratio and IC thinks special dividend likely. Recent IPO. Fwd P/E 12.3.
- 18th May 2018 ADT Adept telecom - fwd P/E 13.1, fwd Divvy 2.9%. £13m Debt. Great uptrend. Recent piworld presentation. Looks sweet.*
- 18th May 2018 AFX AFX Financial - fwd P/E 20. Net Cash £13m, growing fast. Similar to REC but seems more growth focused. Currency hedging strategies. Recent IPO.
- 18th May 2018 SND Sanderson - good "slightly ahead of expectations" update and fwd P/E 12.6, fwd Divvy 3.6% very attractive. Simon Thompson covers I think. Strong uptrend.*
- 18th May 2018 SDY Speedy Hire - Fwd P/E 11.4, fwd Divvy 3.3%. Recent update - "ahead of expectations". Has debt but normal for Hire business. Note ROCE improving, recent Acquisition.*
- 28th April 2018 LOK Lok n'Store - forward Discount to NAV 3% whereas BYG and SAFE on 47% and 56% Premiums. 2.5% Divvy. Only 2/3 of available Letting Space used - so room for growth as Stores mature. Must be Takeover Target.*
- 28th April 2018 IHC Inspiration Healthcare - very small at £16m Market Cap but steady results and £2m or so of Cash. Medical Devices of some sort. Investigate.
- 28th April 2018 FLO Flowtech Fluidpower - done some sizeable acquisitions which brings risk but seems to do it well. Forward P/E 12 or so, over 3.5% Divvy. Nice progress since IPO. Lot to like. Simon Thompson covers.*
- 28th April 2018 JDG Judges Scientific - fwd P/E 18. Hitting new 3 year Highs - bullish. Consolidator of small Specialist Scientific Instrument businesses - bit of debt but not a lot. Sounds quite 'Moaty'.*
- 28th April 2018 Brick Stocks MBH, IBST, FORT all look good.
- 28th April 2018 PHNX Phoenix - Life Insurance Consolidator. Expects to generate £2.5bn Cash to 2022, then £3.8bn after 2023. 6.5% Divvy and Cash means payment should be safe and grow. Sees Bulk Annuity Market as £550bn over 15 years. Acquisitions going well and bit of cost savings.*
- 28th April 2018 IGR International Greetings - very strong results - check it out.
- 28th April 2018 FORT Forterra - fwd P/E 11.9, 3.1% divvy. Has fair bit of debt. Bricks in big demand and Political Drivers to build. Continual New Highs and great Bullish Chart. Got Momo.*
- 28th April 2018 SMS Smart Meter Systems - Doesn't look 'cheap' on p/e over 30 but the opportunity is huge with 43m Meters still to install (SMS have just over 2m). And Recurring Revenue is huge. Got Momentum.*
- 28th April 2018 CTG Christie - good results. Looks interesting. Consulting stuff etc. Investigate.
- 28th April 2018 IDEA Ideagen - Justin Scarborough flagged to me (thanks !!). Fwd P/E 27.5 falling to 25.1 with about £5m Cash but seems to generate Cash. Financial Software etc. which is a hot sector. Recent acquisition should bring growth. Strong Uptrend. Small but rising Dividend.*
- 28th April 2018 BMY Bloomsbury - Harry Potter etc. 33p a Share Cash on balance sheet. Ex-Cash forward P/E 11 ish. Fwd Divvy 3.8%. Looks good.*
- 28th April 2018 SCAM Scottish American Investment Trust - run by Bailee Gifford. 38 years of consecutive Divvy growth. Current yield around 3.1%.
- 13th April 2018 MGP Medica - recent IPO does Tele-Radiography. Shares hit by NHS Funding drop but Results look quite good and a progressive Divvy Policy. Needs investigation.
- 13th April 2018 EKF EKF Diagnostics - has about £7m Cash and fwd P/E 26 but expect that to drop as business picks up. Lots of new Regulatory Approvals in the pipeline. Does Pharma Diagnostic Tests etc. Lovely 2 years + uptrend. Risky but promising. Authority to Buyback 15% of its Shares but doesn't mean that will happen right away.*
- 13th April 2018 XLM XL Media - strip out cash £40m ish and fwd P/E around 9. 3.5% Divvy Yield. Looks cheap. Perhaps caught up in Facebook/Cambridge Analytics worries.*
- 13th April 2018 TTG TT Electronics - used to be poor quality but lot of change recently and perhaps worth a good look. Sold Transport Sensors bit which was a problem in the past I think and recently bought Stadium SDM at a good price. Net Cash, Pension Surplus, near 3% Divvy.
- 13th April 2018 JOUL Joules - fast growth quality clothes play. Fwd P/E 25 but easy to see this grow a lot in a few years. Scope for margin gains, US Growth, and Online. £3m Cash and pays near 1% Divvy. Scope for Broker Upgrades.*
- 13th April 2018 GTLY Gateley - Fwd P/E 15, fwd Divvy 4.5%. Law Firm but increasingly competitive market. Cash collection could be better. Chart looks weak. Lots to like though.
- 13th April 2018 MTVW Mountview Estates - Simon Thompson reckons true NAV over 18000p per share - enormous Discount and 2.3% Divvy Yield. He says "Sell" due to lack of a catalyst and Corbyn Risk but it looks super cheap and could be good for Patient Holders.*
- 13th April 2018 WCW Walker Crips - Wealth Management. 14p a Share in Cash, 5% Divvy. Looks cheap. Simon Thompson covers. Director buying. Small though. Make excellent Salt & Vinegar flavour....*
- 13th April 2018 UAI U&I - the old Development Securities and in Simon Thompson IC 'Bargain Shares'. 30% discount to Feb 2018 NAV, fwd Divvy 7.5%. Nice 2 year uptrend. Looks cheap and hidden value.*
- 13th April 2018 EQN Equiniti - recent IPO, fwd P/E about 17, 1.6% Divvy yield. Bit of Debt but US expansion looks very good. Admin Services for Financial companies.
- 13th April 2018 ULE Ultra Electronics - Looks cheaper than usual on fwd P/E 13 ish, 3.6% Divvy. Defence Electronics.
- 13th April 2018 IDOX - Possible recovery play - fwd P/E 10 over 3% Divvy bit of debt. Had various problems from Health Acquisition 6PM, General Election contract delays etc. Needs thorough investigation.
- 13th April 2018 SN. Smith & Nephew - joint reconstruction and knee replacement etc. Been investing in R&D for 5 years and expected to mean growth accelerates in next 4 years with Costs falling as well. Solid Defensive on fwd P/E 17, fwd Divvy 2.3%. Possible Bid Target - has been in the past.
- 22nd March 2018 MACF MacFarlane - packaging. Forward P/E 12 looks cheap. Has momentum upwards. Deserves investigation.*
- 22nd March 2018 TRCS - Tracsis - impressive range of products in Rail/Traffic. Potential for SEP Events Traffic business in Premier League Football clubs. Huge Cash and lots of overseas potential. Strip out Cash and forward P/E around 18 ish.*
- 22nd March 2018 CBG - Close Brothers. Alternative banking play. 31 years of EPS CAGR growth 11%. 4.3% Divvy. Fwd P/E 10 ish. Looks well run.*
- 22nd March 2018 NET - new software acquisition. KAPE and ECK look sweet.
- 22nd March 2018 BILB Bilby - Gas Heating installation/maintenance etc. for Housing Associations and Commercial Premises. Fwd P/E 8, near 3% Divvy is attractive. Many companies have struggled in this sector though. Simon Thompson in IC covers.
- 22nd March 2018 CVSG - CVS Vets - forward P/E 19.8 not 'cheap' but fair value for Quality. Animal Healthcare Market forecast 5% CAGR next decade. CVS Acquisition strategy plays to this growth. Upset investors recently with Share Issue but creates opportunity to buy Long Term Quality maybe.*
- 22nd March 2018 WPY Worldpay - recent merger with Vantiv - could be good value on forward P/E basis for an ePayments business. Need proper investigation and check out debt situation.
- 22nd March 2018 RM. forward P/E 9 and over 3% Divvy. Bit of debt but Pension Deficit fell from £35m to £20m. Need to understand business - unclear to me what it actually does. Share Price has upwards momentum.
- 22nd March 2018 SMP St Modwen - Housebuilding, Urban Warehouses, Student Accommodation development. Peel Hunt forecast 'Adjusted NAV' 501p for Now 2018 - shares now 389p so big discount and 1.7% ish Divvy. Nice 1 year uptrend.
- 22nd March 2018 IDOX - got beat up after Profit Warning some months ago but with results looks like might have stabilised. Could be good. Debt up which needs checking/understanding.
- 22nd March 2018 ULVR Unilever - dropped a lot, forward Divvy near 4%. Good Income Stock perhaps. Recent Kraft Takeover bid which was rejected.*
- 27th February 2018 MKLW AJ Mucklow - Regional Property business - Midlands mainly. Hidden Value - recent Disposals are well ahead of Book Value. Small premium to NAV (remember Hidden Value !!). Forward Divvy just under 4.5%. Horizontal Resistance Breakout on 3 year chart - bullish.*
- 27th February 2018 ECK Eckoh - dropped a lot lately - rare ePayments quality play. Tempting. Does secure payments in Call Centres and stuff and recent moves into US. Possible Takeover target.*
- 27th February 2018 TED Ted Baker - fwd P/E 21 not especially 'cheap' but growth record excellent with Online Sales up 35% in last Update. Cash expected to grow as Capex needs reduce in next few years - so more Free Cash for Shareholders. Class.*
- 27th February 2018 HOTC Hotel Chocolate - good results. Impressive premium offer. High rating but could be worth paying as a long term buy and hold. This ain't no Thorntons....*
- 27th February 2018 CVR Conviviality Retail - Bargain Booze etc. Forward P/E 12.2, fwd divvy 4.5% - looks decent value. High Cash Generation. CEO is a Lady which is often good !!
- 27th February 2018 SSY Scisys - Broadcasting, media, defence etc. bespoke software. Forward P/E 12.3, fwd Divvy 1.7% not bad. Debt £7m reasonable and falling. Simon Thompson covers - worth a look.
- 27th February 2018 FLO Flowtech Fluidpower - Hydraulic stuff distributor. Fwd P/E 12.7, fwd Divvy 3.3% - good value and should benefit from global growth. Very acquisitive which could be a risk.*
- 16th February 2018 CARD Card Factory - due to pay 10% divvy each of next 2 years with Special Divvys included. Looks very likely to happen despite some issues. Great record and lots of new stores coming.*
- 16th February 2018 NXR Norcros - Just looks cheap. Forward P/E 6.4 and forward Divvy 4.3%. £23m Debt covered by 1 year PBT. South Africa but Cyril new president coming in could be positive. Recent Irish Acquisition. Mix of Tile and Shower businesses.*
- 16th February 2018 CRST Crest Nicholson - Housebuilder with forward P/E 6.6 and Fwd Divvy over 7% - so cheap !!*
- 16th February 2018 BOOT Henry Boot - land development and forward-funded Building Projects. Forward P/E 10, 2.5% Divvy yield. Good value and has a solid record. Bit of debt. Very similar to INL.
- 16th February 2018 AVG Avingtrans - classy Turnaround Specialist. Simon Thompson Target 275p but 206p at time of writing - worth a look. ST tends to under-target.*
- 16th February 2018 HAT H&T - Pawnbroker. Stunning 3 year uptrend so momentum is there. Forward P/E 11.5, 3% Divvy. Looks good.*
- 16th February 2018 REC Record - Simon Thompson 'Bargain Share'. £26.6m Cash. 6.7% Forward Divvy worth having. Sideways Chart for a year. Business is growing. Ex-Cash Fwd P/E 10 ain't bad. Currency Hedging Specialist.*
- 16th February 2018 PCF Private & Commercial Finance - used to be called that. Now got a Bank Licence which is game changer cos can now take Customer Deposits from which it can lend. 75% 'subprime' loans for Cars but very good at it with low impairments - no PCP Deals. 25% SME Lending for Vehicles/Plant. Plan to double Loan Book to £300m by 2020 so obvious growth path. Fwd P/E 13 does not reflect likely growth. Great chart with 'Flat Top Triangle' over 3 years - could pop out of the Top. Simon Thompson Bargain Share.*
- 16th February 2018 SGR Shore Capital - one of Simon Thompson's 'Bargain Shares' but looks cheap. Take off £10 Debt and Cash and near Cash on Balance Sheet is worth £40m. At Market Cap £56m you in effect pay £16m for PBT per year of £5m - p/e 3. Nice spread of operations - Market Maker, Fund Manager, Asset Manager, Puma VCT Funds, IHT Funds, EIS Funds, Analyst, Equity Raising. Near 2% Divvy. Looks cheap but illiquid.*
- 16th February 2018 CROS Crosrider - possible CyberSec play with enormous Cash Pile and looks cheap.*
- 16th February 2018 BME B&M European Value - Liberum forecast 4% total divvy which includes Special Divvy. At moment have 569 Stores but plan "at least 950" so growth path obvious. Fwd P/E 20 not cheap but could be a good play on Value Retail. German stores as well.*
- 16th February 2018 PLI Perpetual Income & Growth Investment Trust. The old Woodford IT, now Mark Barnett and decent record long term. Top10 decent Stocks. 4% Divvy could make a nice Income Portfolio addition.
- 16th February 2018 DSG Dillistone - small recruitment software business - had issues but latest Trading Update very good. Investigate.
- 2nd February 2018 RGL Regional REIT - as it says, does regional commercial property. Small discount to NAV but 7% Divvy is huge. Worth researching. Property in London soggy but Regional doing well.
- 2nd February 2018 PRU Prudential - strong uptrend. Shift to Asia working very well. UK Business consolidating so Costs should reduce. Fwd P/E 12, 2.5% Divvy not bad at all for Asia growth. Has lot of surplus Cash so that could increase Shareholder Returns - more Divvy or Buybacks. Obvious Quality. I hold lot of AV. Aviva so unlikely to buy PRU but you never know.....
- 2nd February 2018 REL RELX - real quality Data and Information Provision - Scientific Journals 'The Lancet', Analytics, Exhibitions, Lexis Nexus for Solicitors. Investors Chronicle 'Old Reliable tip of year'. Great Uptrend. Fwd Divvy 2.4%, fwd P/E 20 - not cheap but classy and enduring. £5bn Debt, Buybacks. Divvy up 10% each year for last 5 years.
- 2nd February 2018 INL Inland - possible Housebuilder Q1 play.
- 2nd February 2018 SCH Safecharge - Teddi Saggi (stole my NPT) a concern but lot to like. 4.3%+ Divvy and moving more towards general Online Payments so that Gambling reduces as a percentage. Reminds me precisely of OPAY/PAYS Paysafe (got takeover) - Lovely uptrend and rare play in ePayments (many are really speculative - this actually makes money and returns lot to Shareholders.)*
- 9th January 2018 BOWL Hollywood Bowl - 10-pin bowling. Fwd P/E 18 is high but worth paying for Cash generation with 2.7% Divvy and recent Special Divvy (more possible in future). Small Debt but no issue. Should be resilient to tough times like CINE. Chart has momentum.*
- 9th January 2018 EAH Eco Animal Health - Aviolosin Antibiotics for farm animals (hens, pigs, moo cows etc.) growing well around globe. Fwd P/E 25 not cheap but sector has high ratings for reliable returns (e.g. GNS). 1.4% Divvy and £20m Cash - so scope for acquisitions. Lot to like.*
- 9th January 2018 CCT Character Group - hit by Toys-R-Us problems but excellent Cash Generation with Divvy up and £11m Cash up from £8m. Lots of new Products coming. Could be good - fwd P/E 11, 4% Divvy.*
- 9th January 2018 PCA Palace Capital - Regional Real Estate. Planning move from AIM to Full List - market might like this. Upset Shareholders with a dilutive Placing to do big acquisition but brings a Residential bit which is positive. Around 5.7% Divvy Yield and 15% NAV discount.
- 9th January 2018 GOR Gordon Dadds, KEYS Keystone Law - similar to Gateley GTLY and part of influx of 'Challenger' Law Firms - worth a look, recent IPOs. GTLY 4% Divvy.
- 29th December 2017 OMG Oxford Metrics - mix of interesting tech businesses - App Cloud stuff and Motion Sensors etc. 5 year Strategic Plan which needs understanding. Net cash. Is there value here? Needs proper researching.
- 29th December 2017 GRI Grainger - Discount to fwd NAV of 314p around 7%. 1.7% Divvy Yield but expected to growth fast as Rental Stream from PRS Strategy Shift starts to flow through. Sweet Uptrend.*
- 29th December 2017 PHTM Photo Me International - fwd p/e 18 or so, near 4% Divvy and very cash generative. Cost of photo booths and laundry machines largely fixed so good Operational gearing - small rise in Revenue leads to big gains in Profit. Laundry surprisingly strong growth.*
- 29th December 2017 TEF Telford Homes - fwd p/e 9 and 4% divvy. Move to more PRS (Private Rented Sector) work - London based. Housebuilders tend to do well Q1. Excellent Revenue Visibility with much already booked for 2017 and 2018.*
- 29th December 2017 FUTR Future - computer games magazines, publishing and price comparison plus eCommerce division which is growing very rapid. Female CEO - big positive. Fwd P/E 18.5, small debt, superb uptrend on chart.*
- 29th December 2017 PAG Paragon - formerly just mortgages but now a full service Challenger Bank. 3.2% Divvy which is expected to rise. P/E 12. Buybacks possible. Also could be takeover target like others in this space. Chart ATH Breakout.*
- 29th December 2017 GLE MJ Gleeson. £34m Cash - if stripped out on fwd P/E 13. 3.7% Divvy Yield. Lovely uptrend. Housebuilder with Land side very much like INL Inland - these tend to do well in Q1.
- 29th December 2017 ARTL Alpha Real Trust - Simon Thompson covers. NAV last reported 167p, £21m Cash and £27.4m in safe tedious Ground Rents Fund. Upside from Build to Rent projects. Also some mezzanine finance loans. Invest in UK and Europe. 1.7% divvy. Beautiful 3 year uptrend.*
- 29th December 2017 ENET Ethernity Networks - does software to enable virtual networks to operate in similar way to physical. Recent IPO. Is there value here?
- 19th December 2017 QUIZ - downtrend since IPO but has £12m Cash and growing Revenue at 35% and profit at 31%. Forward P/E 25 not bad in the context of growth. Worth a good look.
- 19th December 2017 BAB Babcock - forward P/E 8.5 and 4% Divvy - just looks too cheap.*
- 19th December 2017 IMO IMImobile - Digital/Mobile marketing communications to enable Customers to reach their End Customers. Fwd P/E 22 not cheap but has £14m Cash and got growth both organic and from acquisition.
- 19th December 2017 FAB Fusion Antibodies - IPO'd yesterday and shot up - could be similar to BVXP and ABC - both of which have been stockmarket darlings. FAB seems to be revenue generating and profitable. Needs thorough research.
- 19th December 2017 TUNE Focusrite - fwd P/E 21 but has £14m Cash and has growth Cash Profits by a third on average for each year since 2009 - so a PEG Ratio around 0.6 which is cheap (Growth at a Reasonable Price). Founder reducing stake but he is no spring chick. Lots of new products and launch of global eCommerce Website.*
- 19th December 2017 VP. VP Hire - fwd P/E 11 and over 2.5% Divvy yield. Seems decent value. Debt high but all hire businesses are like this. Several Acquisitions lately should boost earnings.*
- 19th December 2017 BLND British Land - Income Stock. London property but values going up and rent going up "despite Brexit". 4% Divvy Yield and 25% Discount to NAV which is big. Reducing Development Portfolio and lowering leverage - both positive moves.
- 19th December 2017 NXR Norcros - Fwd P/E 6, 4% Divvy just looks cheap. Has Debt, Pension Deficit and South Africa exposure. Seems well managed though. Triton Showers and Johnson Tiles etc.
- 19th December 2017 AGR Assura Group - GP Landlord like PHP. 10% Premium to NAV but probably worth paying for reliability and government backed Income. Near 4% divvy yield. Income Stock maybe although PHP perhaps more attractive with its move into Ireland.
- 19th December 2017 SRP Serco - a risky sector (outsourcing) but after recent issues seems to be starting to recover. Soames bloke from AGK now in charge. Worth investigating.
- 19th December 2017 GYG - Superyacht maintenance. Problems look one-off and reasonable. Forward P/E 11, 5.1% divvy. Order book up 37%. Recent IPO and under the radar of most punters. Simon Thompson covers them.*
- 19th December 2017 BILB Bilby - fwd P/E 9.5 looks good value. Does heading/gas boilers/maintenance services for Housing Associations etc. Visible Revenues around £320m with £6m Debt - looks ok.
- 19th December 2017 TATE Tate & Lyle - Forward P/E 13, fwd Divvy 4.2%, could be good for Income Portfolio. Strategic Shift to higher margin speciality food ingredients should add capital growth. Stable and boring. No longer does sugar.*
- 5th December 2017 FCRM Fulcrum Utility - Class act - announced today move into EV Electric Vehicle Charging and also thinking of taking on debt to buy Utility Networks (very secure for Debt Funding) and operate them - both Growth Drivers.*
- 5th December 2017 EUSP EU Supply - procurement software and keeps winning new business. Very small.*
- 5th December 2017 FREE Freeagent - recent IPO which shot up but now back near where it started. Accounts Software for small businesses - should be 'sticky' products. Loss making but aim to be EBITDA positive in 2018. Revenue growing quite fast and lot recurring. Small but interesting.
- 5th December 2017 AVON Avon Rubber - Big Order Book and commitment to increasing Divvy payouts. Nice Cash pile. Fwd P/E around 17 but less if Cash stripped out. 1% ish divvy but should rise fast. New products on the way. Respiratory Masks for military and fire etc. and Cow milking stuff.*
- 5th December 2017 FDSA Fidessa - forward Divvy 4.1%. Great chart with 'Flat-top' Triangle. Used to be Royal Blue - class act in Financial Sector software.*
- 5th December 2017 BTG - £227m Cash. EPS Forecast 2018 30p - fwd P/E 24 - cheapest it's been for years and less if you strip out the Cash. Very Cash generative. Snake Vaccines and lots other stuff.*
- 5th December 2017 WHR Warehouse REIT - 6% Divvy, 8% Discount to forward NAV. Recent IPO but invests in small Box Warehouses for 'Last Mile' delivery - fed by Big Box Store 'hubs'. AIM listed, has 129 tenants.
- 5th December 2017 TAP Taptica - forward P/E 12, forward Divvy 1.9%. $15m Debt after buying Tremor Video in US. Fast growth but PEG under 1.0. In hot Mobile Advertising space. Beauty uptrend.*
- 5th December 2017 REC Record - Currency Manager for businesses. Opened new office in Zurich - shows confidence. Office in Windsor and tiny company. Cenkos Forecast 3.1p per share Divvy - near 7% yield. Has 6.5p per share of cash although perhaps some is a regulatory need.
- 5th December 2017 STOB Stobart - really a play on Southend Airport; Energy bit and Rail Engineering are patchy. 7% Divvy and forward P/E 7.5 on Cenkos forecast eps 37.5p per share. Net cash. Looks cheap.*
- 16th November 2017 FLO Flowtech Fluidpower - still looks good - fwd P/E around 11, fwd Divvy 3.5%. Bit of debt but plenty of scope for more acquisitions - Risk integrating them of course. Does Hydraulic Pipes etc - strong market position.*
- 16th November 2017 BWNG N Brown Group - clothing retail specialises in large sizes. Fwd P/E 12.8, 5% divvy. Seems to be recovering after trouble of recent years. More online focus. Nice uptrend.
- 16th November 2017 PHD Proactis - stunning uptrend. Forward p/e 15.6 but should fall. £30m Net Debt after acquisition but looks promising. Debt no bit issue with £15m in profit but need to check Cash flow. Spend Control software.*
- 16th November 2017 ACL Acal - electronic stuff - "Ahead of expectations" update. Fwd P/E 14.3, 3% divvy. Nice uptrend. Lot to like.*
- 16th November 2017 TEG Ten Entertainment - recent IPO, 10-Pin Bowling. Of course high Cash Generation - could be worth a look. Divvy 4% and should rise. Alternative is BOWL.
- 16th November 2017 HVN Harvey Nash - IT Recruitment - trending up and near 3 year Breakout. Fwd P/E 8, near 5% divvy - looks cheap. Small debt. Similar to EMR which I hold.*
- 16th November 2017 LTG Learning Technologies Group - eLearning globally is growing 7.5% a year - that's a Big Theme that might be worth exposing oneself to (but don't get arrested doing so). LTG target to double Sales to £100m by 2020 and £25m Cash Profit - on a P/E of 20 that is £500m Market Cap - currently £333m so upside obvious. Little Debt and small divvy. Very interesting.*
- 16th November 2017 BOOT Henry Boot - Simon Thompson IC claims Hallam Land division worth 324p a share on its own. Fwd P/E 13, Divvy near 2.5%, good recent Trading Update.*
- 16th November 2017 TEF Telford Homes - fwd P/E just under 9, fwd Divvy 4% - big Order Book. Looks good value - London property.*
- 16th November 2017 K3C K3 Capital Group - flagged to me by James @traderdiarycouk - Business Sales specialist - good recent AGM update - recent IPO and rising nicely. Fwd P/E 13.7, 6% Divvy. Nice numbers.
- 16th November 2017 FAN Volution - fwd P/E 15, 2% divvy. Not cheap but looks decent enough. Fairly recent IPO - charts making new Highs - AirCon stuff.
- 16th November 2017 BAB Babcock - fwd P/E 9 is great value, fwd divvy 3.8%. Big order book and revenues well covered. Chart looks pants - no rush to buy but getting interesting. Defence outsourcing.
- 3rd November 2017 WJG Watkins Jones Group - great run since IPO but still attractive - got momentum. Fwd P/E 15 and fwd Divvy 3.1% and has Cash (check how much). Student Accommodation building but moving to Private Rented Sector PRS as well - good move.*
- 3rd November 2017 D4T4 - look into this - some shrewd people on Tweets been buying. Data Analytics is very hot area and decent recent Trading Update.
- 3rd November 2017 GNC Greencore - 2.8% Divvy, Fwd P/E 11.5 - looks decent value. Had a listeria sandwich recall in US but no big deal. Chart looks promising. Does Chilled Food like Sandwiches and Salads and suchlike - for MKS etc.*
- 3rd November 2017 KETL Strix - fwd P/E of 12.2, fwd Divvy 5.1%. Kettle Safety Cut-outs. Made in China. Dominates market. £58m Net borrowing (check this). Nice uptrend since IPO - Isle of Man based. Growth opportunity from low global penetration of Kettles - UK mad for them but most Countries hardly use.
- 3rd November 2017 AVG Avingtrans - Simon Thompson covers. All about integration of Hayward Tyler HAYT which has lot of cost to be stripped out. £28m of Cash skewing the fwd P/E but ST reckons on 8 times Enterprise Value to Cash Profits - decent value. 1.6% Divvy. Interesting Chart and good record of integrating Acquisitions.*
- 3rd November 2017 PHTM Photo-Me International - still looks good and near chart breakout. 4% Divvy. Laundry bit adding new Growth aspects.*
- 3rd November 2017 SAGA - fwd P/E 14, 4.6% Divvy. Looks good value. At long term support line. Very strong brand. Slightly weird 'conglomerate' structure with Insurance and Cruises.
- 3rd November 2017 SAA M&C Saatchi - forward P/E 14, Fwd Divvy 2.5% ish. Sideways Range for 3 years but looks a decent Marketing Play. Good brand.
- 3rd November 2017 IHR Impact Healthcare REIT - Care homes property lets and development. Adding more Beds. Intends to pay 6p Dividend for full year so could be good Income Stock. Recent IPO.
- 23rd October 2017 JDG Judges Scientific - fwd P/E 15.1, fwd Divvy 1.5%. Good Track Record of growing divvy etc. Acquires and improves Scientific Instrument businesses.
- 23rd October 2017 KIE Kier - Forward P/E 8.4, Fwd Divvy 6.5%. 6 months downtrend but within longer term uptrend. Always seems one of the best construction plays. Big Order Book, Debt falling fast.*
- 23rd October 2017 CNIC Centralnic - could be cheap, Simon Thompson covers. Domain Names.
- 13th October 2017 GYG - Superyacht Maintenance. Fwd P/E 12.6 and fwd Divvy 2.2% but forecast to rise to over 4% a year later. Recent IPO and Simon Thompson covers. Net Cash. Number of Billionaires worldwide increasing - should be a resilient market.*
- 13th October 2017 SWL Swallowfield - fwd P/E 14.5, 1.5% Divvy. Cosmetics - both manufacturing for others and sell themselves. Focus on growth.*
- 13th October 2017 GVC - looks good. Forward P/E 14.5, 3.4% Divvy but growing. Little bit of debt. Great uptrend. Foxy Bingo and Bwin.*
- 13th October 2017 RCDO Ricardo - quality business. Forward P/E 14 looks good value. Very specialised and moaty business.*
- 13th October 2017 RGL Regional REIT - over 7% divvy, small discount to NAV. Regional Property (derr, obviously). Current Rental Yield 6.7% but this would rise to 9.2% at market rates if Reversionary Value released on Rental Renewal. Bought package of property off CIC recently.*
- 13th October 2017 SPI Spire Healthcare - beat up after the Ian Patterson dodgy Surgeon case. NHS less Referral works but I expect this will be temporary - NHS under immense strain. Must be well placed for future and opening new hospitals which will drive growth. Forward P/E 13.7, fwd Divvy 1.8% - looks good.*
- 13th October 2017 WGB Walker Greenbank - fwd P/E 14 is cheap compared to usual rating this is on. Divvy 1.7% quite small but has some Debt. Looking to expand overseas - weak £ could work well then. UK bit not trading so great though. Own some iconic Wallpaper Design IPR - William Morris and all that.*
- 13th October 2017 INL Inland - forecast NAV June 2018 107p - near 40% Discount and 3% divvy. Looks good value and Housing plays often good Q1. Huge political issue whoever is in power - expect life to be sweet for the sector.*
- 13th October 2017 FFX FairFX - eCash payments company as well. Small and high risk but has potential. Forward P/E 18 ish not bad for what should be pretty fast growth. Not one to bet WheelieTowers on.
- 13th October 2017 GOR Gordon Dadds Group - used to be Work Group but did Reverse Takeover. Similar to GTLY - Law Company. Fast growth recent years and acquisition potential. £40m Market Cap. 2 years fwd P/E 20 and 2.2% Divvy - so not screaming cheap.
- 13th October 2017 SPSY Spectra Systems - Quite small around £40m but over 4% forecast Divvy. Does banknote security stuff but just won contract for Authentication Marking on Coffee Cup Lids - looks to be huge potential in such markets - Luxury Handbags etc. Cheap as chips solution. Very interesting.*
- 13th October 2017 BGO Bango - Risky as still loss making but growth strong and deal with AMZN in Japan seems to be going very well. Could be decent ePayments play (not so many around these days). Got £35m of Tax Losses and highly geared to more Sales. Poor track record though. One to ponder - Simon Thompson covers it. Specialist in Carrier-Billing - people buy product from AMZN and it gets charged to their Mobile Fone bill.
- 13th October 2017 SERV Servelec - had delayed Orders which hurt shares but could be temporary. Fwd P/E 15, 2.3% Divvy and should be Net Cash by year end.
- 13th October 2017 LUCE Luceco - not cheap on fwd P/E 20+ but LED Lights still good growth market. Overseas expansion taking place and lot of upside potential from that. Interesting...
- 29th September 2017 HWG Harworth group - still interesting with forward NAV end of December 131.4p per Share - 106p today. Meaty discount and growth potential as land developed.*
- 29th September 2017 JD. JD Sports - great growth story on fwd p/e 16 looks attractive especially with Cash pile so high. Overseas growth is main story here and online. Class act.*
- 29th September 2017 SDL - Language translation. In 3 year turnaround plan. £26m Cash, fwd P/E 17 not bad for Quality and very moaty. Fwd Divvy 1.6%. Possible takeover target maybe. Asia growth opportunity. Lot to like for a Long Term Hold.*
- 29th September 2017 MCB McBride - cheap household cleaners and stuff. Fwd P/E 13, 3% divvy - cheapest it has been for ages. Debt been high but under control. Scope for more acquisitions. Nice trend.*
- 29th September 2017 BVS Bovis - generous divvys scheduled. 2017 47.5p (4.5% divvy), 2018 57p + 45p Special Divvy (9.7% on 1050p), 2018/19/20 134p in total special divvy - roughly 45p per year. Turnaround story and Glen Fitzgerald of GFRD is class.*
- 29th September 2017 OPM 1pm - Asset finance and business loans. Move to Invoice Factoring also. Fwd P/E 7 is cheap. I think Simon Thompson covers these.
- 29th September 2017 ELCO Elcosoft - fwd P/E 17, very fast growth in Results. Construction software.
- 29th September 2017 TUNE Focusrite - still interesting but chart soggy.
- 29th September 2017 MBH Michelmersh Bricks - fwd P/E 16 falling to 11. 2% divvy. Record Order Book. Cyclical risk like most Stocks but perhaps more extreme. Lot of new capacity from acquisition.
- 29th September 2017 ALU Alumasc - fwd P/E 7, 4% divvy. Net Cash. Looks good value - cheap. Been around 7 decades !!!*
- 29th September 2017 BVXP Bioventix - is there still value here? Investigate. Impressive moaty business and moves to new areas. Class. 'Key Man Risk' reducing*
- 29th September 2017 CMS Communisis - fwd P/E 9, 5.2% divvy forwards. Bit of debt and Pension Deficit but looks in hand. Growth overseas. Similar to SIV - did Print Marketing and moving to Online and services.
- 29th September 2017 CARD Card Factory - due to pay 7.5% divvy. Growth faster than in any year since the IPO. Due to open 50 Stores this year. Defensive - people always buy cards despite 'e-cards' - LOL.
- 29th September 2017 PNN Pennon - tedious Income Stock. Water - yawn. Bottom of 3 year Range - over 4.5% divvy.*
- 29th September 2017 BPCI BioPharma Credit Investments - IT investing in Royalty Payments from Health stuff. Target 7% divvy but 4% in first year - new IPO. Top geezer @sloan_phil found it.
- 29th September 2017 SDM Stadium group - looks like a nice boring steady grower. Forward P/E 11, 2.5% Divvy, Does some IoT linked stuff - like that. Very similar to XPP.
- 29th September 2017 Don't forget RFX !! Ramsdens* (that's what is written in my LBB so I just recreate it here for all you wonderful Readers...)
- 15th September 2017 MACF Macfarlane - does packaging stuff and looks cheap on forward P/E 11, 3% Divvy. Good uptrend.*
- 15th September 2017 PTEC Playtech - great record. 3% Divvy, ex Cash forward P/E 11. Great long term uptrend but dropping back a bit at the moment. Does Online Gaming Software and moving more into Financial Trading Software.*
- 15th September 2017 PHNX Phoenix - similar to Chesnara CSN but bigger. Life Insurance policies in 'run-off' and closed. Over 6% divvy. Possible for Income Portfolio but will probably be correlated to wider market.
- 15th September 2017 BBY Balfour Beatty - had terrible 3 years but looks like on the mend. Legacy Contracts complete in 2018 and margins should improve. Looks a possible Recovery Play. 1 year Chart in a range. Needs thorough investigation.
- 15th September 2017 REC Record - Hedging for currency for Companies. Forward Divvy 6.5%, Forward P/E 12 ex Cash. Strong uptrend. Simon Thompson in Investors Chronicle covers these.
- 2nd September 2017 EMIS - sheer class - superb Recurring Revenue - near 3% Divvy. Good Uptrend. Monopoly product locks Users in. I use myself for Monthly Medical Prescriptions.*
- 2nd September 2017 RFX Ramsdens Holdings - recent IPO so blue sky above and no natural points where sellers come in. Pawn broker, Retail Jewellery, Forex. Says "will significantly beat expectations". Forward P/E around 10 and 4.5% divvy - screams value. Lovely uptrend since IPO and gap higher.*
- 2nd September 2017 MCRO Microfocus - 3% divvy and chance of more Specials. Forward p/e 15 falling to 13 - not bad. Integrating HP business should boost margins. Great Uptrend. Upgrades old legacy IT systems and even more vital with cybersecurity risks.*
- 2nd September 2017 GYM Gym Group - good recent Update. Is there value here? Rollout of new gyms driving growth. Low cost and picking up business as Local Authority gyms close.
- 2nd September 2017 888 Online Gambler with recent huge fine but this gives clarity and 888 has big Cash Pile. Forward P/E around 15.5 and near 6% Divvy. Beautiful Uptrend Channel.
- 26th August 2017 NFC Next15 Communications - strong momentum. Forward P/E around 16 (check). Digital Marketing which is the hot bit. Growing fast.
- 26th August 2017 BBOX Tritax Big Box - forward divvy 4.5% but premium to NAV of 7% which might put many off - might be worth paying up though especially if want for Income and prepared to hold long term. Shortage of Big Box Warehouses due to demand from Internet delivery and that is most likely going to keep growing. Could be seen as good property play with added online twist.*
- 26th August 2017 TCAP - Forward P/E 13, forward Divvy 3.4%, lot of Cash although some might be Regulatory Requirement. Was ICAP and Tullett before and synergies are cutting out a lot of Cost/duplication. Complex business but well established in The City - Interdealer Broking etc. Investors Chronicle says should benefit from Rate Rises.
- 26th August 2017 SYNT Synthomer - 2.4% Divvy, Forward P/E 16 ish but fair bit of debt. Speciality Chemicals products - latex gloves. Building Capacity in the US, Asia, Europe which should bring future growth. Chart 'rolling over' though.
- 26th August 2017 FCRM Fulcrum Utility - Forward P/E 13, £12m Cash, 4%+ Divvy. Applied for Electricity Connections and Meters Licence - which is due in December and on track. If FCRM can do in Electric what they do so well in Gas then it could be very good. Chart in Downtrend Channel though but Company has clear growth drivers.*
- 26th August 2017 AAPL Apple - just looks too cheap. Strip out Cash and on forward P/E 9, with 1.7% Divvy and chance of a Special Divvy if US Tax Law allows repatriation of Cash from overseas. For the Growth and Apple's dominance with a 'walled garden' Ecosystem, and new Products coming, this looks well worth owning.*
- 12th August 2017 HNT Huntsworth - Seems to be recovering after slack period. Debt falling. Forward P/E 14.7, 2.5% divvy, Strong Uptrend.*
- 12th August 2017 APH Alliance Pharma - forward P/E 13, 2.5% divvy - good value. Very different from when I held before as now has loads of former SPH products. Lot to like. Debt appears meaty but very cash generative and reliable flows. Buys 'orphaned' drugs etc. that larger Pharma etc. don't want to bother with.*
- 12th August 2017 HSW Hostelworld - Forward P/E 15, forward divvy 4.8%, has cash. Looks very good and plays internet theme.*
- 12th August 2017 GKN - forward P/E 10, near 3% divvy, bit of debt. Move to electric drivetrains - very good. Closed Final Salary Pension scheme - but still making payments due to deficit. Looks decent value but in downtrend at moment.*
- 12th August 2017 LRM Lombard Risk Management - just looks cheap - need to check situation with capitalisation of software R&D on balance sheet - are they still doing this? If so could be a Red Flag. Revenue growth very strong. Simon Thompson covers this one.
- 28th July 2017 DTG Dart Group - Quality Company with great history of growth. Could be a lot bigger in 5 years time. Worth thinking about. Jet2 really has traction.*
- 28th July 2017 VEL Velocity Composites - makes composite kits where panels etc. are pre-cut and stored for manufacturer to use for aircraft parts - sounds very specialist. Forecast £3.8m profit in 2018 and £6m year after. Forward P/E 8.2. Recent IPO, looks very cheap.*
- 28th July 2017 ACRL Acrol - loo rolls etc. Still looks good value and decent Uptrend. Forward P/E 12 and near 5% forward Divvy. Simon Thompson covers.*
- 28th July 2017 BGO Bango - On around 18 times forward Earnings and amazing uptrend. With lots of interest in ePayments sector could be good. Needs investigating - only just about to breakeven but Profits should ramp up fast in coming years. Simon Thompson in IC covers this.
- 28th July 2017 RM. - forward P/E 9.1 falling and 3.8% forward Divvy. £29m Cash Pile. Had lot of problems but forecasts are for Revenues to rise next 2 years - looks very cheap.*
- 28th July 2017 EQN Equiniti - recent acquisition of Wells Fargo unit looks great strategic move as gives access to US. Forward P/E 16.8 and forward Divvy 2% - no bargain but I reckon will do well. Great Uptrend on chart. Does Pension/Shares administration tasks.
- 28th July 2017 NCC - looks a good Recovery Play. Decent Trading Update mid July and selling 2 bits off. Cybersecurity is hot. Note Investors Chronicle still negative on NCC but Chart suggests it can go up.*
- 28th July 2017 PHTM Photo-Me - 4.4% Divvy, forward P/E 17, Cash Pile. Laundry going much better than I expected. Lot to like.*
- 6th July 2017 BRW Brewin Dolphin - Forward P/E 14 - less if cash of £152m allowed for but I assume some is Restricted Cash. Over 5% Divvy, good growth and move to Discretionary Management. Not sure if it fits with my Portfolio but looks pretty good.
- 6th July 2017 NXR Norcros - South Africa bit puts me off but Forward P/E 6 and 5% Divvy really looks very cheap. Bit of debt but coming down. Does bathroom tiles, Triton showers, etc.
- 6th July 2017 PKG Park Group - Reward/Loyalty Cards specialist and Xmas Hampers !! Forward P/E 14, 3.7% divvy. Net cash but lot will be customer prepayments I guess. 90% of Orders are placed online so very much a Digital Business. Looks interesting.*
- 6th July 2017 VP. VP Hire - strong uptrend. Forward P/E 12, 2.5% Divvy. Seems to be trading well. Hire business - might be worth me switching to this from AGK which has been useless.
- 6th July 2017 ACL Acal - forward P/E 14, 2.8% divvy. Debt coming down. More acquisitions likely to keep growth going. Reminds me of XPP, TRI*
- 6th July 2017 FPO First Property - 3% Divvy and forward p/e 9 - arguably should be valued against NAV though. Great uptrend on chart - very well managed. Could benefit from Europe upturn as invests in property in Poland/Romania.*
- 6th July 2017 WYG - consultancy in construction etc. Head of Sweett Group CSG gone to WYG. Forward P/E 7, 1.8% divvy. Small bit of debt.Order Book £195m - has potential and looks good value. CSG was takenover...*
- 6th July 2017 INPP Infrastructure Private Partnerships - buys long term assets like sewers, bridges, toll roads etc. 4%+ divvy yield. Premium to NAV of 12% but could be worth paying for reliable Divvy stream for Income Portfolio. Raised divvy each year for 10 years.
- 15th June 2017 TYMN Tyman - window handles etc. with 60% of revenue from the US. Forward P/E 12 and 3% Divvy could be decent Value. Strong Uptrend.
- 15th June 2017 BAB Babcock - Share Price fell after losing the Nuclear Decommissioning Contract but looks good value on Forward P/E 11 and 3% Divvy Yield. Defence Outsourcer.*
- 15th June 2017 BMY Bloomsbury - Lot of new Harry Potter illustrated books to release. Great track record of growth in Revenue, Profit, Divvy. Near 4% Divvy. Strip out £15m of Cash and it's on Forward P/E 12 ish - not bad. Of course very dependent on young Harry.*
- 15th June 2017 SOG Statpro - Financial Analysis software. Forward P/E 18, 2% Divvy - not cheap but fast growth and quality. Lot of Revenue will be recurring. Lot to like.
- 15th June 2017 WIL Wilmington - 3% Divvy, Forward P/E 10, Does Training Services - steady rise in Profits/Revenues. Legal bit struggling and probably going to ditch it and focus on other bits.
- 15th June 2017 BOWL Hollywood Bowl - 10 Pin Bowling. Forward P/E 11, 1.1% Divvy but should pay Special Dividend on top. Could be resistant to recession similar to how CINE was in 2008 - cheap entertainment.*
- 15th June 2017 GRIO Ground Rents - boring Income Stock - super boring in fact !! 3% Divvy, nice 3 year uptrend. No defaults cos if Leaseholder doesn't pay Ground Rent then they stand to lose their Property/House. GRIO Assets becoming more valuable as rare Assets to buy - although a problem for GRIO cos difficult to grow by buying more Ground Rent Properties.*
- 15th June 2017 OTB On the Beach - I bought this one - there is a Blog on it.**
- 15th June 2017 RBG Revolution Bars - Forward P/E under 10, 4% Divvy, looks cheap. Needs a settled FD (since making entry in the book I think they have one) - but lot to like. Difficult sector and could be more Warnings.
- 25th May 2017 888 - Forward P/E 17. Big Cash Pile. In trouble with Regulator for Self-exclusion tools for Online Gamblers. Fine most likely and with £136m Cash at end of December shouldn't be an issue. Could be takeover target.
- 25th May 2017 OMG Oxford Metrics - I know surprisingly little about these but quick glance at numbers and they look good and decent Uptrend. Needs thorough investigating.
- 25th May 2017 LLOY Lloyds Bank - due to pay 6.5% Divvy next year. Decent play on Bank recovery. Rising Rates would suit it very well. Bull Flag on chart maybe.
- 25th May 2017 NIPT and WATR look interesting.
- 25th May 2017 CCT Character Group - still looks cheap. £18.6m cash - strip that out and on forward P/E 8.6 ish and 3.5% Divvy. Had cost issues but taking steps to address. Looks cheap.*
- 25th May 2017 UPGS UP Global Sourcing - recent IPO. Does supply of household goods - think Robert Dyas sort of things. Growing strongly since 1997. Small bit of debt, forward P/E 20, 0.8% divvy - great uptrend.*
- 25th May 2017 CSH Civitas Social Housing REIT - 5p Divvy so current yield about 4.5% and should rise over time by at least inflation. Buys portfolios of Social Housing off Housing Associations so they can use money to build more stock. Steady Uptrend since listing in December.
- 11th May 2017 WGB Walker Greenbank - recovered after the floods at premises. Forward P/E 13 not bad value and 1.7% divvy. Low debt. Growth likely through acquisitions. Quality. Does old fashioned Wallpaper but the Hummus troffing classes love it !!
- 11th May 2017 W7L Warpaint London - recent listing on AIM doing Trendy, Fashion, Cosmetics. Looks good value. Forecast EPS 2017 is 11.7p - on a P/E of 20 that is 240p ish. Growth strong - not hard to see maybe 300p in time. Like a lot. Even pays a Divvy !!*
- 11th May 2017 HWG Harworth Group - used to be UK Coal - now a Property Company exploiting Land that used to be part of Coal Board. Nice uptrend. 30% Discount to fwd NAV and some recent Sales have been higher than Book Value so that NAV probably understates true Value. 14% CAGR NAV Growth over last 3 years.*
- 11th May 2017 LRM Lombard Risk Management - Simon Thompson has 20p target based on 12 times EPS. Could easily be on P/E 18. ST targets 30p. Lot of Operational Leverage - if sales grow fast EPS could turn out a lot higher. Looks cheap - need to check Capitalising of R&D Spend. Does Risk Management software for Banks etc.*
- 11th May 2017 APH Alliance Pharma - owned these before and always liked the business model but it drove me mad as the value never really seemed to come out after several years. Since then bought loads of Products off Sinclair Pharma which means Debt still high although Cashflow strong - I suspect Debt always held this back as people rarely appreciate the difference reliable Cashflow makes. Forward P/E 12 is cheap but chart sideways at moment. Big Triangle on 3 year chart.
- 11th May 2017 ACL ACAL - forward P/E 13.6 and falling, fwd Divvy 3.3%. Bit of debt but ok. Chart interesting and breakout of 2 year Downtrend Channel. Does Electronic parts.*
- 11th May 2017 TMMG The Mission Marketing Group - had some problems so need to be careful but could be Recovery Play at some point. On forward P/E of 5.5 with 4% Divvy but if problems continue these might be at risk. Some debt but doesn't look excessive.
- 28th April 2017 ECSC - Cybersecurity. IPO in December. Strong uptrend. Robbie Burns in these. I know nothing, needs proper investigation.
- 28th April 2017 IHR Impact Healthcare REIT - Does Care Home properties. 5.7% divvy, could be good Income Stock.
- 28th April 2017 FUL Fulham Shore - Franco Manca and The Real Greek restaurants. David Page chairman was at Pizza Express and Clapham House - Gourmet Burger King. Hard to value but 3 year chart looks poised to breakout. Luke Johnson CAKE might be involved.*
- 28th April 2017 SMWH WHSmith - not especially cheap on a forward P/E of 17 and 2.5% divvy but great record of growing divvys and expanding in Travel hubs overseas.
- 28th April 2017 FLO Flowtech Fluidpower - Forward P/E 12, at top of 3 year Range - on a breakout it could run. Relatively cheap. Distributor of fluid/hydraulic parts. Simon Thompson of IC covers this.*
- 28th April 2017 JPJ Jackpotjoy - recent IPO. Bit strange cos has £100m Cash but has to pay £120m to previous owners. Forecast EPS 2017 of 93.3p - that's a forward P/E under 6 !! Worth a good dig into this.
- 28th April 2017 PLP Polypipe - forward P/E 15 just over 3% forward divvy. Cash generation strong. Debt dropping. Lot to like and more upside most likely - got momentum.
- 28th April 2017 SAGA - possible Income Stock on 4% divvy. Debt coming down. Demographics very favourable. Nice mix of businesses - insurance and Cruises etc. Forward P/E 15 but probably worth it.*
- 28th April 2017 EPWN Epwin - Window stuff, looks cheap on forward P/E around 8 and 6% Divvy. Bit of debt but not much and very Cash generating.
- 15th April 2017 TAP Taptica - was Marimedia. Forward P/E 11. Cash Pile. Fast growth - switch from Online Ads to Mobile Ads. 2.8% Divvy. Looks cheap.*
- 15th April 2017 FORT Forterra - Bricks. Forward P/E 9 with 2.9% divvy. Bit of debt but dropping fast as Cash Flow very high. Bricks in demand.
- 15th April 2017 EMIS - health software. 80% of Sales recurring. Cost of migration prohibitive so customers very sticky. Divvy just under 3% and forward p/e of 18 - not cheap but gotta pay up for quality.*
- 15th April 2017 CMS Communisis - Marketing. Forward P/E 8, 4.5% divvy looks cheap but difficult sector and £30m debt but coming down. Needs deep investigation cos has risks. Strong Uptrend.
- 15th April 2017 SIR Secure Income REIT - Due to pay 14p dividends over the year in quarterly chunks - 4% yield. Owns Health Centres (good), Travelodge hotels, Alton Towers type stuff - leisure. Could be good Income Play - long leases.
- 15th April 2017 LGEN Legal & General - Forward P/E 11, 5.7% divvy. Lot to like. Tedious but decent Income Play maybe. Similar to my AV.
- 15th April 2017 SDM Stadium - Simon Thompson stock. Forward P/E 10 and near 3% divvy. Reminds me of XPP transition to product design. Worth a good dig into.
- 15th April 2017 BVC BATM - Simon Thompson says stake in Italian business and cash and property worth more than Market Cap at 18p. Business in for free.
- 15th April 2017 BQE Bioquell - Simon Thompson covers - infection control. Lots of cash (40p a share) - strip that out and 2018 p/e of 12. Share buybacks support price.
- 15th April 2017 PVG Premier Veterinary Group - pet insurance. Business looks good but what is the value like? Need to investigate.
- 31st March 2017 SQS Software Quality Systems - forward p/e 12, 2.5% divvy. Looks good value - historic rating more like 18. Had troubles but possible turnaround play.*
- 31st March 2017 HWG Harworth Group - 35% discount to forward NAV (chunky). Old UK Coal but now a Property Business like INL, BHY. Interesting.
- 31st March 2017 DLG Direct Line Group - owns Green Flag. 4% divvy and good record of Special Divvys on top. Could be good for Income Portfolio.
- 31st March 2017 RPS - consultancy business that got hit by weak Oil Price. Seems to have coped well though and on a forward P/E around 15 and 3.8% divvy it looks interesting. Small bit of debt.
- 31st March 2017 Hansteen HSTN - sold Dutch and German properties for 6% premium to NAV. Near 5% divvy. Well managed - used to be same management at Ashtenne (anagram) which was takenover.*
- 31st March 2017 888 - possible online gambling play. Forward P/E 17 not cheap but often pays out Special Divvys (6% last year). Cash Pile $173m. Superb 3 year chart.
- 31st March 2017 TAP Taptica - Mobile Ads used to be Marimedia but strategy change from Online to Mobile. Forward P/E 11, 3% divvy, $215m cash. Looks cheap.*
- 31st March 2017 STB Secure Trust Bank - forward divvy 3.8%, fwd P/E 13 ish. Looks very conservatively run - recently pulled out of consumer unsecured lending. Maybe decent challenger bank play. Has cash from selling EDL business (Every Day Loans).*
- 31st March 2017 GVC Gaming VC - possible online gambling play. Decent Divvys.
- 31st March 2017 AVG Avingtrans - looks very good with £27.6m Cash - 145p per share. 1.5% divvy, valued on 6 times Cash Profit. Simon Thompson covers. Like a mini MRO.*
- 31st March 2017 GKN - still good value on forward P/E 11. Play on military spending and hybrid cars. Divvy 2.4%.
- 31st March 2017 MCLS McColls - convenience shops. Expanded by buying 298 Co-oP shops. 5.5% divvy and forward P/E 10 looks good value. Nice Income plodder maybe.
- 31st March 2017 KWE Kennedy Wilson Europe - Property REIT. 5% divvy. 25% discount to NAV. Debt needs checking but could be nice property play.
- 31st March 2017 CARD Card Factory - huge dividends around 7.5%. Makes Cards itself as well as selling.
- 31st March 2017 XLM XL Media - still looks cheap - near 5% divvy. Forward P/E 11 and Cash pile.*
- 1st March 2017 UANC Urban & Civic - similar to INL. 236p today with forecast NAV of 324p but Simon Thompson reckons another 60p of 'hidden value' - 384p - cos plots at Rugby and Alconbury selling for much higher than Blended Valuation across all the Plots at each site. Crazy cheap.*
- 1st March 2017 INL Inland Homes - 62p now and Simon Thompson has NAV at 100p. Looks cheap - p/e 9 current year, 2.4% divvy.*
- 1st March 2017 SMP St Modwen Properties - sales at 9 Elms and Swansea Student block could give £200m profit. 30% discount to NAV 476p. 1.8% divvy.
- 1st March 2017 PLUS Plus500 - daft share. Forward Divvy 17%, $136m of Cash. Prone to Bear Raids but the divvys always get paid. High Risk so use Stoploss but looks crazy cheap. Worries around CFD regulation.*
- 1st March 2017 GAW Games Workshop - forward divvy 5.5%, fwd p/e 14 at 900p. Net Cash £16m. Lot of overseas sales and customers very loyal. Strange business - Warhammer Games but numbers scream value.
- 1st March 2017 CHRT*, CRL, IDOX* Cohort, Creightons, Idox - I attended Presentation near Trafalgar Square from piworld. Very impressed by CHRT and IDOX - CRL interesting but too small for me.
- 19th February 2017 XAF Xafinity - Pensions/Actuarial stuff - admin etc. Looks very cheap - new IPO. Listed at 139p. IC say at listing price has 4.6% Divvy yield and on only 6 times earnings !! Looks super cheap.*
- 19th February 2017 RFX Ramsdens Financial - new IPO. Pawnbroker and Forex exchange. Cash generative and progressive Divvy policy intended. Not easy to find info - www.ramsdensplc.com is the Investor Website. Worth investigation - similar to HAT.*
- 19th February 2017 HAT H&T Pawnbrokers - Simon Thompson Bargain Portfolio. Transforming to an 'Alternative Lender'. Gearing up Balance Sheet - will bring growth. New products should mean upgrades to earnings forecasts. Forward P/E 11 - if put on P/E 15 that's a Target of 375p. 3.5% divvy. Gold Price a risk but this is reducing part of HAT business.*
- 19th February 2017 AVG Avingtrans - Simon Thompson Bargain Portfolio stock. He tipped at 190p - 232p now. 143p Cash per share. 15% discount to NAV of 270p. Ex Cash forward P/E around 12 ish (9.6p eps). Nuclear Storage Vessels contract seems to give many years of revenues ahead. Magnetic Resonance Imaging components, Aircraft Security scanner bits. Growth from existing businesses and AVG using Cash for acquisitions. Track record of achievement - bit like a baby MRO.*
- 19th February 2017 JIM Jarvis Securities. £10m+ cash. 4.5% divvy. Could benefit from upturn in stockmarkets. Runs X-O stockbrokers and does outsourced admin stuff. Simon Thompson play.*
- 19th February 2017 WTM Waterman - Divvy Yield 4.5%. Forward P/E about 11, £5.4m Cash. Market Cap £25m. Looks cheap. Earnings flat this year after several years of good growth but expected to grow again next year. Buildings consultancy.*
- 9th February 2017 GMAA Gama Aviation - At 216p the forward P/E is 8.2, looks cheap. Divvy about 1.4%. US Aircraft Management bit merging with BBA Aviation unit. Europe soggy but any improvement could be big re-rate.*
- 9th February 2017 VLE Volvere - class act. NAV will be near 600p at year end. Lovely 3 year uptrend. Investment company.
- 9th February 2017 CROS Crossrider (CrossDresser !!) - IC Bargain Shares. Market Cap of £74m, Cash equivalent to £58m - business in for a tiny amount.
- 9th February 2017 TBGR Tiso Blackstar - IC Bargain Shares portfolio. Former investment company selling off stuff to just be Times Media Group - the Premier News Group in South Africa. NAV £210m, Mkt Cap £158m. £95m Cash pile after Disposals. Possible move to Full List.*
- 9th February 2017 LUCE Luceco - recent new IPO. LED Lighting - hot sector. Needs investigating.
- 9th February 2017 SHOE Shoezone - Divvy Yield 10% including Special Divvy. Normal Divvy 6%. Lots cash. Paid 6p Special Divvy in 2016. Cost pressures but all face same. Online growth interesting and Discount Shops may do well if Inflation pressures consumers.*
- 9th February 2017 SDM Stadium Group - electronics, forward P/E 8, Divvy 3% ish. £3.5m debt is low. Possible turnaround play. Simon Thompson covers.
- 9th February 2017 IMB Imperial Brands. Fags, near 5% divvy and possible takeover target. Doing lots of 'Self-help' to trim Brands and good Income Portfolio Stock.
- 9th February 2017 CNE Cairn Energy. Not many FTSE250 Oil and Gas plays around. CNE has $414m cash and possibly lot of Reserves not recognised in Analyst 'Sum of the parts'. Stoploss might be shrewd. Possible upside if win Indian Tax case but you could toss a coin !!
- 9th February 2017 IDOX - Forward P/E 15, bit of debt, 80% of Revenues are recurring. Software for Public Sector - benefits from austerity. 1.5% Divvy.*
- 13th January 2017 ZYT Zytronic - sales seem flat but lot of initiatives to boost growth. Value very good - forward P/E 11, 3.7% divvy (3rd year of 20% increase). £12.8m Cash Pile gives both safety and options and means divvy damn safe. Does touchscreen stuff.*
- 13th January 2017 ISAT Inmarsat - very diverse business with lots of revenue streams. Forward Divvy 6%, forward P/E 15. Looks good value. Debt quite big. Satellites huge barriers to entry. IC 'Contrarian tip of the year'.*
- 13th January 2017 BME B&M European Value Stores - don't forget these - IC Main Tip this week.
- 13th January 2017 OMG - Imaging technology. Plans to double profit by 2021. £8.3m cash. 2% divvy. Forward P/E 12 on 2018 forecasts.*
- 13th January 2017 UANC Urban & Civic - plots for housebuilders like INL, BOOT etc. 30% discount to NAV which probably understates true value according to IC. Starting a Housebuilding operation themselves this year - just like INL did. Small divvy at 1.4%.
- 4th January 2017 FCRM Fulcrum Utility - incredible Uptrend - surely got some Momo. 2.2% Divvy and new Divvy Policy established. Forward P/E 16 still not too bad for the growth here. Order Book up 12%. £12m Cash so strong Balance Sheet and has firepower for bolt-ons. Move into Electric Pipes/Connections like they do with Gas Networks.*
- 4th January 2017 ZPLA Zoopla - 1 year chart has nice Triangle - one to buy on the Breakout. Forward P/E 22 seems high but this has potential for very fast growth. 1.7% divvy not too shabby. Move to Energy Comparison and Credit Cards and Banks and stuff - ie moving away from Property roots (good).
- 4th January 2017 GRI Grainger - great play on trend to Big Business pinching the Buy2Let market. 2% divvy but should grow nicely. Move to focus on Rental stream - in future half of this expected to be paid out as divvys. Looks a great Long Term Buy and Hold. 20% discount to NAV.
- 4th January 2017 BVIC Britvic - forward P/E 12 and 4.3% divvy and a strong Track Record of divvy growth. Bit of debt but don't see any concerns here - very cash generative. Very diversified soft drinks play. Risk around Sugar Tax etc. but BVIC been reformulating anyway.*
- 4th January 2017 LMP London Metric Property - 5% divvy. 59% of Portfolio in 'last mile' distribution buildings - so similar to BBOX but different - buildings closer to end customer who gets the parcel. Good play on Online Shopping boom. Rental Income expected to grow.
- 4th January 2017 HICL - still like this for Income Portfolio. 4.6% divvy and some inflation link. Premium to NAV around 13% but with a Long Term Hold view this may not be too much of an issue. Buy chunks on dips could be way to play over time. Infrastructure Spending boost in UK and US might help. Rising Interest Rates could be a negative but I doubt they will rise fast.*
- 4th January 2017 BEG Begbies Traynor - not sure about this after what happened to RSM Tenon. Insolvency seems good area to be in but low Interest Rates are letting Zombie companies survive. 4.8% divvy. £30m Debt Facility to enable acquisitions which could boost growth.
- 4th January 2017 MIDW Midwich - Audio visual displays. Recent IPO. Is there value here? Recent results look pretty decent.
- 4th January 2017 CTEC Convatec - medical stuff - repeat products like catheters, colostomy bags, etc. Recent IPO, forward P/E 16, 2.2% divvy. Established 1976. Needs investigating.
- 16th December 2016 PNN Pennon - not cheap on P/E 22 but divvy over 4% is very appealing for a long term hold Income Portfolio. Steady and Reliable Water Stock. Energy from Waste business making progress.
- 16th December 2016 SFR Severfield - trading ahead of expectations, £315m Order Book. 8.2p Cash per share. Forward P/E 10, divvy 2.5%.*
- 16th December 2016 IMO Imimobile - play on Social Media / Mobile Marketing etc. ex cash forward P/E of 12 looks cheap. Issues around Nigerian Naira. Very cash generative but no divvy. Chart ugly.
- 16th December 2016 UAI U & I, formerly Development Securities, move to 'Build 2 rent' - big theme for near future as Buy2Let gets crowded and regulated out. 5% divvy this year, 11% due next year and 10% year after. Has debt but 48% discount to NAV.
- 16th December 2016 CARD Card Factory - recent tip in Investors Chronicle, forward divvy 10%. Play on discount retail. Like Integrated model - design and make cards as well as flog them. Chart ropey at time of noting stock.*
- 25th November 2016 ROR Rotork - trading well and may benefit from Trump relaxation of Climate Change rules. Shale/Fracking - do Valves and Actuators - seem pretty good at it. Chart looks promising on long view.
- 25th November 2016 GRI Grainger, WJG Watkins Jones, possible plays on 'Build to Rent'.
- 25th November 2016 BME B&M European Value - discount shops, fast growth by new store openings. Terry Leahy CEO (ex TSCO), No idea on value but back near IPO price. Needs investigating.
- 25th November 2016 NCC - at 3 year lows - hot sector, IT Security. Risky after some trading issues but could be good chance to stake build for future.
- 25th November 2016 STM - QROPS & SIPP business - recent acquisition frees up Regulatory Capital, brings customers and lowers costs. Ex-cash Forward P/E 6, divvy 4%. Simon Thompson covers - I'm not sure about SIPP etc. demand. Lot to like though.
- 4th November 2016 HOTC Hotel Chocolat - Forward P/E 30 is high but could be worth paying up for quality growth and excellent history. Opening new Stores and expanding factory. Quality established business.*
- 4th November 2016 ANCR Animalcare - Vet drugs and dog tags etc. Steady quality defensive growth. Excellent track record since float many years back. Forward P/E 21 not cheap but probably worth paying. Divvy 2.3% and Cash Pile. Possible Takeover Target as only £62m Market Cap.*
- 4th November 2016 MTMY Matomy Media - mobile adverts - had some issues but could be turning around. Net Cash. Forward P/E 11 ish. Israel based. Needs thorough investigation - quite high risk. Publicis owns 25% of the Shares - that's a big plus - and they get their Customers to use MTMY stuff.
- 4th November 2016 BMY Bloomsbury - move into Academic Digital stuff - at 3 year lows and looks good value.*
- 25th October 2016 ADT Adept Telecom - forward P/E 11, 3% Divvy. Recent new CEO and a non exec spent £200k on Stock. Needs investigating - debt falling fast - nice.
- 25th October 2016 SCT Softcat - recent IPO, reminds me of Computacenter CCC. Foward P/E 16 ish - needs thorough investigation - is it worth buying? Net Cash.
- 25th October 2016 MMG Mission Marketing Group - small debt, forward P/E 6, Divvy 3.5% - looks great value. Cyclical business though and I already hold SIV which has similarities but different !!
- 25th October 2016 CCT Character Group - authority to buyback 15% of its shares by Jan next year. 3.6% Divvy, fwd P/E 9. Huge cash pile and Cash generation. Kids toys - apparently these are susceptible to recession but I am not convinced. Superb long term record of buying back its own shares.*
- 25th October 2016 AGR/PHP Assura Group/Primary Health Properties - boring as hell Tortoise Income Stocks. Divvy 4% for AGR and should rise slowly year on year to compound up nicely. High Premium to NAV but as a Long Term Buy & Hold forever it might be worth it. Low Risk healthcare centres - development and running.*
- 11th October 2016 MIDW Midwich - Big Audio/Visual displays for Trade Sale only. Recent IPO but established since 1976 and some international bits. Low debt and forward P/E around 14 seems fair - maybe worth a good look.
- 11th October 2016 CLL Cello - Healthcare PR and Marketing - decent business. 2.8% divvy, forward P/E 12, VAT issue resolved. Looks good value - I used to hold until about a year ago.*
- 11th October 2016 IQE - forward P/E 11.5 seems cheap for such a Chip Technology Play. Used to have a pile of debt but looks like that is improving. Not many Chip linked Stocks left on Market.*
- 11th October 2016 HWG Harworth Group - used to be Hargreaves Services - Coal Mines ditched and now a Property Regeneration play with loads of Coal Mine Land. Discount to NAV Forecasts (111p) of 20%. Worth digging into (groan).
- 11th October 2016 ALU Alumasc - forward P/E 9, 4% divvy, £8m Cash. Record Order Book. Roofing, Solar, Blinds products etc. Sold Non-Core business - looks good.*
- 11th October 2016 HZD Horizon Discovery - High Risk Biotech play but interesting. Small position and/or Stoploss might be wise. Does Gene Editing stuff and surprisingly actually seems to sell stuff and looks like route to profitability - rare !!
- 11th October 2016 JLEN John Laing Environmental - Wind/Solar and Water stuff. 6% divvy and partial inflation link. 6% Premium to NAV but maybe worth paying. Need to understand what happens in 10 years time when Debt needs refinancing etc. - I understand Assets have a fixed life span.
- 11th October 2016 PTEC Playtech - lot to like. Forward P/E 13 and 3.5% divvy (CHECK THESE). Cash Pile so can do acquisitions to boost EPS. Paying Special Divvy - very Cash Generative. Near breakout on 3 year chart - should run if it cracks it.*
- 11th October 2016 JLG John Laing Group - appears cheap. Forward P/E 4.8 (this may have risen since I put note in my book) at 265p. (eps forecast 55.7p, NAV 290p - 8% discount, HSBC numbers). Could benefit from Budget Spending increase on infrastructure. Possibly overlooked as recent IPO. Ahead of expectations and good uptrend.*
- 11th October 2016 QQ. Qinetiq - forward P/E 11, Divvy 2.8% - reasonable value ex cash. Defence spending on the rise and QQ. high tech play on electronic warfare.*
- 11th October 2016 HSTN Hansteen - classy property play (REIT). About 7% discount to NAV and 4.5% Divvy. Good management - people who did Ashtenne (note the anagram)*
- 11th October 2016 CLI CLS Holdings - Property play. 63% UK (half is government buildings), 20% Germany, 17% France. Discount to NAV 25% ish (CHECK THIS). Does share buybacks equivalent to about 3% yield instead of Divvy. Debt quite high but cheap. Good growth from Rent Reviews.
- 26th August 2016 GFS G4S - the renamed Securicor. Obvious poor recent history but key is getting Debt down and selling divisions to do this. With Lower debt the Stock could re-rate onto a higher P/E Ratio. 4% Divvy as well - Recovery story.
- 26th August 2016 DVO Devro - had poor results but issues around new factories etc. Could be good - especially if drops more. 2.5% Divvy - Banger casings - I have been in this Stock before and big fave - new factories should boost Sales/Earnings once bedded down.*
- 26th August 2016 SLI Standard Life Property Income Investment Trust - John Baron in IC fave. 6% divvy, 5% NAV Discount. Little exposure to Central London, Scotland, Wales. Could be good Property Income Play.
- 26th August 2016 Investors Chronicle Portfolio with minimum 15% Family Stake (appears to be very positive for durable businesses) - ACRL, ANTO, TFW, TUNE, BHY, HOC, IPEL, MKLW, SDR.
- 26th August 2016 DGE Diageo - quality global brands. 2.7% divvy, P/E 20 but should raise divvy a bit year in, year out. Possible Income Stock idea for Long Term. Also takeover possible. Guiness.
- 26th August 2016 GTLY Gately - full service Law Firm - only just listed. 5% divvy and expected to grow. Worth a look - good Income Stock maybe. AIM listed though.
- 26th August 2016 PKG Park Group - Christmas hampers people - do gift cards, savings schemes, Employee Incentives. Lots Cash but belongs to customers. Divvy 4%, forward P/E 12. Plodder.
- 26th August 2016 AN. Alternative Networks - after recent falls now 6% divvy. Had mobile roaming issues so need to understand these. Reminds me of Vanco from years back.
- 26th August 2016 BCA British Car Auctions - Car Auctions and WeBuyAnyCar.com. Growing well since 2000. P/E 20 ish, 3% Divvy but Cashflow is negative - sell Cars before paying End Seller. Remarketing of Used Cars. Overseas as well. Monopoly Assets with Auctions. Not cheap but decent Growth Stock perhaps.
- 26th August 2016 CVR Conviviality Retail - P/E 10 ish, 4.5% Divvy. Move to Wholesale Booze, less Retail. Recent Acquisition poses risk but synergies could boost EPS. Fair chunk of debt but Cash generative.
- 26th August 2016 ULS ULS Technology - Investors Chronicle Tip - new one on me - IPO 2014. Online Platform for Estate Agents etc. to compare Legal Services prices and stuff. Net Cash £1.2m, 3% Divvy, Forward P/E 15 but small and fast growth. May be easy to copy business model.
- 10th June 2016 ACRL Accroll - bog rolls. Listed at 100p today with 6p a share divvy - so even at 110p the Divvy is near 6%. P/E under 10 looks good value. I have not bought as got too many Stocks !!*
- 10th June 2016 DCG Dairy Crest - Country Life butter, Cathedral City cheese. Lots of restructuring and more focused now. 4% divvy could be decent Income Stock. Debt looks high but very Cash generative. Boring as hell.*
- 10th June 2016 SHP Shire Pharma - 13 times foward earnings. Baxalta deal obvious risk but pretty much can standalone. Deal could bring growth. Usually on P/E 18 ish. Fuss over Exec Pay.*
- 10th June 2016 STR Stride Gaming - Bingo, recent IPO. On 13 times fwd earnings. Small divvy but expect fast growth. Number of Bingo Players nearly doubled. AIM growth story.*
- 10th June 2016 JIL Juridica - priced below Cash and Receipts to come. 13 Cases in for free on top. Clear Value situation.Simon Thompson covers this.
- 10th June 2016 E2V E2V Technologies. Forward P/E 13, small debt, 2.7% divvy. Looks to be trading ok but in 1 year downtrend. Does electronics stuff like imaging sensors etc.*
- 10th June 2016 AVON Avon Rubber - forward P/E 14, 1% Divvy bit meagre. Debt down a lot. Milk bit weak but other Defence stuff ok. Nice 3 year chart and a specialist niche. Decent Value.
- 10th June 2016 SCH Safecharge International. Tedi Saggi involved like NPT and Market Tech Holdings. Similar to PAYS and expanding away from purely gambling stuff. Forward P/E 13 ex cash, decent Divvy.
- 6th May 2016 POWR Powerflute - Smurfitt brothers big stakes but sold loads at 80p recently. Debt tumbling and will be on look out for more acquisitions. Looks quality business and forward P/E 11 ish and 3.4% Divvy Yield. Possible cyclical risk as involved in Packaging but the Smurfitts know the score.*
- 6th May 2016 TFW FW Thorper - lighting etc. Dutch acquisition going well. Big family ownership looks a positive bit like with LTHM. Not cheap perhaps but sometimes gotta pay for quality.*
- 6th May 2016 AN. Alternative Networks - had some issues and sold off so looks interesting now. Divvy Yield near 5%. Bit like Vanco as a Virtual Network Operator.*
- 6th May 2016 IDOX - not cheap but seems well run. Recent acquisition could help growth. One to consider as long term growth play. Does IT document management.
- 6th May 2016 PCF Private & Commercial Finance - Simon Thompson IC recommendation. Applied to become Challenger Bank. New CEO looks experienced. Breakout of All Time High. Could be transformed. Bermuda based Asset Manager owns 67% though which could be a big risk.
- 6th May 2016 SMP St Modwen Property - 35% Discount to NAV at 315p ish - even lower at time of typing this. 2.2% Divvy Yield. Residential and Commercial Property with Development side and London exposure.
- 6th May 2016 WLG Wireless Group - formerly UTV - Ulster TV. Sold TV business to ITV so now is just Radio. Owns Talksport. Debt tumbling after ITV deal. 5% divvy, p/e 11. Worth a dig.
- 6th May 2016 JHD James Halstead - flooring business. 42 years of raising divvy every year and 6 Special Divvys on top over last 10 years - that's impressive. Family run business.*
- 6th May 2016 HAT H&T Group - forward p/e 14 ish, Divvy Yield 3.5%, tiny debt and strong cash generation. Pawn Broker but a sneakly play on Gold Price - the Jewellery etc. that gets 'pledged' has increasing value.*
- 6th May 2016 ROBG Robotic ETF from ETF Securities. Suggested by @iainbarclay on Twitter - thanks !! Possible way to play the rise of Robots..........sorry, bit 'Terminator' that........
- 12th Apr 2016 WJG Watkins Jones Group - new IPO - does Student Accommodation construction and ongoing management - I think ESP use them for some properties. Also branching into Residential Letting which is a growth area as Government push 'The Little Guy' out of buy2let. Huge family stake - something like 48.5% - a double edged sword as may sell some of their stake perhaps. Around since 1791 or something silly. Fwd p/e 8 ish and divvy over 4%.*
- 12th Apr 2016 TSLA Tesla - looks a stonking Short, unbelievable over valuation - I am very keen to get stuck in here when Chart gives a decent Sell Signal. *******
- 12th Apr 2016 IQE - wafer maker for chips. Forward p/e 8 looks cheap. Debt reduced a lot from previous years. Possibly a takeover target. Had a patchy record so needs careful consideration.
- 12th Apr 2016 TMMG Mission Marketing - fwd p/e around 7 - very low. Divvy 2.7%. looks undervalued really.*
- 12th Apr 2016 PMP Portmeirion - £11m cash, 2.6% ish divvy - paid divvy every year since 1988. 3/4 of sales to collectors of China stuff. Main brands Spode and Portmeirion. Strong sales growth overseas and at home. Fwd P/E 17 with strong uptrend - classy niche retail business.*
- 12th Apr 2016 RST Restore - selling Irish business - debt will halve as a result. Fwd P/E 17 ish, strong uptrend, Quality play in document storage - very 'sticky' as customers rarely move storage site.*
- 18th Mar 2016 SOM Somero - concrete levelling machines but dominates market with 99% !! Based in Florida and aiming to expand in China although this was slowing in recent results and has risk obviously. Cyclical Risk here but the dominance is impressive - Risk is there to be managed !! 3.8% divvy, Forward P/E 7, $12m cash, superb Uptrend.*
- 18th Mar 2016 SHAW Shawbrook - Challenger Bank with only 25% of Loan Book as Buy2Let - OSB, ALD much higher levels (nearer 50%). Forward Divvy 3.9% and forward P/E 7.*
- 18th Mar 2016 SND Sanderson - still quality. Retail online software systems. Forward P/E 14, 8.5p per shares Cash. Around 3% divvy.*
- 18th Mar 2016 SERV Servelec - interesting software business - wide range of industry customers. Forward P/E 16 but £10m Cash and 1.5% divvy yield. Great uptrend, lot to like here.*
- 18th Mar 2016 MACF Macfarlane - packaging mainly for internet distribution (home delivery stuff). Forward P/E 13, Divvy 2.6%. Strong momentum. Some Debt.*
- 18th Mar 2016 JLG John Laing - forward P/E 5 although maybe should be valued against NAV. Divvy 3% ish. Worth a look over.
- 18th Mar 2016 LVD Lavendon - still interesting - chart curving up. Forward P/E 8, 3.7% divvy. Debt not unusual for a Hire Business. Specialise in Health & Safety, working at heights stuff.*
- 18th Mar 2016 OMG - imaging software, has sold off some bits and has £7m cash which is expected to rise. Forward P/E 11 ex Cash. Divvy 1.8% ish. Needs investigating.
- 22nd Jan 2016 MANX Manx Telecom - I have blogged about this stock in the past - I only don't own because I have KCOM - but perhaps that is an error and I should just buy some MANX as well. CAGR Revenue Growth 4% since 2005 which is impressive. Forward divvy 5.4%.*
- 22nd Jan 2016 ALU Alumasc - specialist construction materials - small company. Seems to have interesting niches which could be a decent Moat. Net Cash £0.5m, forward P/E 10, 3% divvy.
- 22nd Jan 2016 MCRO Microfocus - huge Cash generator - regularly pays out Special Dividends. Attachmate acquisition seems to be going well. Forward P/E around 12 and near 3% normal divvy. Management aiming for 15 to 20% annual Returns going forward.*
- 24th Jan 2016 CYBG Clydesdales Banks and Yorkshire Bank - new IPO due, looks undervalued on Price to Book Value basis of 0.56-0.74 against LLOY 0.9, VM. 1, ALD 1.3, OSB 2.6, STB 4.6. Depends on Price Range 175p to 235p a shares, Market Cap £1.5bn to £2.1bn. Institutional only IPO.*
- 24th Jan 2016 SND Sanderson - forward p/e 13, well run business with growing online retail bit. High margins, has cash and 2% divvy. Simon Thompson in Investors Chronicle covers it.*
- 24th Jan 2016 LLOY Lloyds Bank - 5% Divvy, looks good value. Government getting out removes a lot of worry.*
- 8th Jan 2016 RCN Redcentric - seems to do IT outsourcing and cloud stuff - bit like IOM as has 4 datacentres - span out of Redstone. Fast growth and scope for acquisitions. Bit of debt. 2.6% divvy and forward P/E of 17 - not amazing cheap but growth potential very good.*
- 8th Jan 2016 GTLY Gately - law firm. Forward P/E 11, 6% divvy. £12m debt but some Partner Loans that need to be understood.
- 8th Jan 2016 IDOX - strong uptrend. Forward P/E 14, bit of debt. 2.1% divvy. Worth investigating - document software.
- 8th Jan 2016 CCT Character Group - Peppa Pig, Teletubbies toys etc. £4.5m cash. Forward P/E 10. Slight Downtrend but starting to look decent value. Teletubby launch on BBC could fire it up.*
- 16th Dec 2015 BMY Bloomsbury - doing much better than many expect in Book publishing business. Looks decent value on forward P/E 11, 4% divvy, Harry Potter illustrated books coming out.
- 16th Dec 2015 LOK - just a great business.*
- 16th Dec 2015 MACF Macfarlane - packaging, forward P/E 10, great uptrend.*
- 16th Dec 2015 LGEN Legal & General - nice quality boring Income Stock. Forward divvy about 5.4%. Solvency 2 Rules may cause issue at year end but unlikely to be much of a problem. Business growth in many areas and geographies.
- 16th Dec 2015 LAKE Lakehouse - still looks too cheap. P/E 9 ish forward divvy 4%. CEO is ex MER - so knows his stuff.*
- 16th Dec 2015 LIO Liontrust Asset Management - I don't usually like Fund Managers as really Market proxies (I have lots of stocks), but their Funds do well and has 3% divvy and forward p/e 13 and £16m Cash Pile.*
- 16th Dec 2015 BHY Henry Boot - housing play similar to INL with land it gets planning permission for and sells on. Also Housebuilding arm and construction division and a Plant hire business. WHIreland reckon gross development value of land is £700m. Forward divvy 2.9%. £55m Debt and £20m Pension Deficit.*
- 22nd Nov 2015 AAPL Apple - Nasdaq listed so need Dollar Account or do via Spreadbets which avoids currency risk. Just too cheap on forward P/E 9 if you strip out cash ($200m). 2% Divvy. Share Buybacks. Dominance and growth.*
- 22nd Nov 2015 PFD Premier Foods - clearly recovering but extremely risky - so small position and/or Stoploss probably good idea. P/E 5 on forward EPS. Need to be comfortable with debt but PFD survived a near-death experience in 2008 and has truly iconic brands like Mr Kipling, Ambrosia, Bisto, Sharwoods etc. Balance Sheet needs proper investigation and may be no bargain really.
- 22nd Nov 2015 FCRM Fulcrum Utility - turnaround story. Small with Market Cap £28m ish, 2.9% Divvy, £5.6m Cash, forward P/E 2017 of 7. Gas/Water etc. connections - span out of NG. while back. Good Uptrend.
- 22nd Nov 2015 CBG Close Brothers - 85% Banking. Divvy yield around 4%, p/e 12. In bit of a Downtrend at the moment but the Value looks promising - one to wait until Technicals are ready.
- 8th Nov 2015 ARW Arrow Global - been hit after director sales. Forward p/e 13 ish. Worth a dig maybe but complicated business.
- 8th Nov 2015 MSI MSI International - Simon Thompson IC tip. Divvy around 4% and P/E ex cash 10 times last year's depressed earnings (amortisation and depreciation one-offs). Conglomerate Structure not so great and Brazil a bit rubbish. Priced near Book value though - and that has hidden property value. Mountain of cash - £17m.*
- 8th Nov 2015 SNR Senior - great well run company. In horrible downtrend but could be a cracking buy at some future date. One to watch for Entry opportunity once Downtrend broken.*
- 8th Nov 2015 YOU Yougov - in year 1 of 5 year growth strategy. Data analytics for advertising etc. Forward p/e around 13 at 119p and £10m Cash. 1% divvy. Need Pullback as run ahead.
- 27th Oct 2015 SHOE Shoezone - seems to be getting over problems and Trading Update today not too bad. Divvy 5% and cash. Back near IPO price and could be good play on Discount Retail.
- 27th Oct 2015 PNN Pennon - could be tedious Income Play with forward Divvy 4.5% and expected to rise 4% over RPI until 2020. Really boring but maybe nice diversity for Income Portfolio.Yawn.*
- 27th Oct 2015 CREI Custodian REIT - highlighted by Mark Bentley (@marben100) as a Property Play - decent Divvy.
- 27th Oct 2015 LXB - Simon Thompson IC tip - 35% minimum discount to NAV. 38p a share divvy likely next year as a Special. Balance Sheet undervalues properties which are pre-sold to likes of Crown Estates. Out of Town Retail and housing property.*
- 27th Oct 2015 TMMG The Mission Marketing Group - forward P/E 8, divvy 2.6%, £7m debt. looks too cheap.*
- 27th Oct 2015 NAHL National Accident Helpline - referrals to Solicitors for Personal Injury. Sounds horrible but growing strongly. P/E around 14 and forward Divvy 5% - and £3.4m Cash. Hold your nose............*
- 2nd Oct 2015 GTLY Gateley - Law Firm with recent IPO. Looks like over 6.5% divvy yield next year. Could be nice stable Income Stock.*
- 2nd Oct 2015 GFRD Galliford Try - still class. Divvy near 5% forward. New CEO coming. Construction has huge Order Book and mostly Public Sector.*
- 2nd Oct 2015 NXT and DNLM Next and Dunelm - still quality retail steady growth plays. Special Divvys from both. DNLM new management might fire things up a bit.*
- 2nd Oct 2015 FAN Volution - benefits from more need for ventilation in new houses as get more insulation. Forward P/E 14, bit of debt but reducing. 2.3% divvy yield.
- 2nd Oct 2015 RSA Insurance - Steven Hester driving turnaround plan - selling off assets. Former RBS man. Zurich Bid which fell through was at 550p but collapsed because Zurich has issues. Risky but looks a decent trade.*
- 2nd Oct 2015 RDW Redrow - forward P/E 9, divvy 1.2% - must be chance of Special Divvys. Cheapest Housebuilder?*
- 2nd Oct 2015 ALU Alumasc - forward p/e 10, divvy 3.5%, Net Cash but not much. Building products, great uptrend.
- 2nd Oct 2015 GRI Grainger - NAV end Nov expected to be 250p but according to Simon Thompson (not stocks he's tipped) there is another 120p of Reversionary Value as properties are re-let and regulated tenancies get sold. Also selling non-core German Assets. Move into Residential Property letting like QED was.*
- 2nd Oct 2015 Lloyds Insurers still look like takeover plays. Go for big divvy so if no bid happens you still get decent return. BEZ HSX LRE NVA.*
- 2nd Oct 2015 ITQ Interquest - forward P/E 8, looks too cheap. Mark Braund CEO gone sadly but Gary Ashworth still Chairman and will want to sell the company. Looks good entry point.
- 2nd Oct 2015 LLOY Lloyds Banks - government stake down to 13% and nearly gone - big positive. Fwd Divvy over 5.2%, Fwd P/E 11. Expect fast rising divvy, share buybacks maybe. Looks great.*
- 11th Sept 2015 PHNX Phoenix - Closed Book Life Assurance run-off similar to CSN but much huger. Embedded value 1142p. 6% divvy - Income Stock*
- 11th Sept 2015 BBOX Tritax Big Box - 4.4% divvy, NAV 117p - small premium but fast growth from acquisitions and buying at good prices. Does huge Retail Warehouses on Motorway Junctions.*
- 11th Sept 2015 HILS Hill & Smith - lovely 3 year uptrend. Worth investigating. Not sure what value is like now. Like how strong demand is for Roadside Furniture.*
- 11th Sept 2015 CSCO Cisco - US listed on Nasdaq. Forward P/E 8 and 4% divvy - looks cheap. New boss. Move to more software and Big Data and Cybersecurity - all good. IC tip but looks very cheap.*
- 11th Sept 2015 MAI Maintel - forward p/e 12, divvy 3.8%. Net Cash. Coming up on a few things - a lot of shrewd chaps on Twitter buying. Worth a look.
- 11th Sept 2015 CAL Capital & Regional - commercial property play REIT. Great Uptrend. Forecast NAV 70p but may get upgrades. 3p divvy due for year. Obvious Cyclical Risk and debt high but that is normal. Shopping Malls in London are 60% and rest in Regions.
- 11th Sept 2015 LOOK Lookers - on a roll, more acquisitions likely. Used Car Sales grew 43%. Cyclical Risk. Fwd P/E 13, 1.8% divvy. Debt low and strong Cash generation.
- 21st Aug 2015 CARD Card Factory - 6% normal divvy plus chance of 65p a share Special Divvys in coming years - around 9% divvy total possible for a few years. Store expansion. Silly cheap cards so play on Discount Retail. Remember Clinton Cards - Risk around this so be careful but looks good.*
- 21st Aug 2015 PHD Proactis - Simon Thompson IC. Fwd P/E 13 and lots cash. Analyst Forecasts look light. Acquisitive. Nice Uptrend. E-Procurement similar to TUNG but a real business !!*
- 21st Aug 2015 CMS Communisis - another cheap looking Marketing Services stock. Fwd P/E 9, divvy 4% and a bit of debt but no big deal.
- 21st Aug 2015 SHAW Shawbrook - another Challenger Bank with recent IPO. P/E around 15 fwd and strong growth. Worth investigating - looks under the radar.*
- 21st Aug 2015 AMO Amino Tech - strip out Cash 32p a share and on fwd P/E around 15. Looks great play on shift to Internet Streaming of TV content. @Reb40 in it.
- 28th July 2015 SEPU Sepura - love this stock. Hand held digital radios for police etc. Operates globally and growth strong. US market switch from Analogue to Digital gives huge potential. Forward p/e 18 not cheap but you gotta pay for growth of this quality.*
- 28th July 2015 DIGS GCP Student Living and ESP Empiric Student Property - both like UTG but REIT structure. 5% divvys ish. 10% Premiums to NAV but probably worth paying up - can easily grow into valuations and you get steady divvy. ESP looks cheaper.*
- 28th July 2015 NVA Novae - forward p/e 12. Superb 3 year uptrend. divvy 6% - Maybe skewed by Special Divvy. Possible takeover target like BRIT etc. Move to Bermuda to reduce Tax and Blackrock appointed to manage Fund bit.*
- 28 July 2015 ARM - best value it has looked for years. Forward p/e under 28. 1% Divvy. Near £1bn cash. Sheer class and ongoing growth story. Around 900p would be very tempting. Possible takeover target - Apple?*
- 28 July 2015 NET Netcall - 47p at moment, recent bid was 75p - the market is telling us something. Class act although I think Henrik Bang left. Worth a look to check all ok.*
- 28 July 2015 SOLI Solid State - forward p/e 14, forward divvy 2.6%. MOJ tagging contract looks transformational and if they sell it around the world could be very sweet. Order book seems relatively small - suggest poor forward visibility. Strong uptrend and momentum.
- 28 July 2015 ALU Alumasc - aluminium plated products - construction stuff. Debt looks high but forward p/e 9 and 3% divvy. Superb 3 year uptrend. Worth investigating.
- 28 July 2015 NFC Next 15 Communications - marketing play, forward p/e 12, small debt, 2.2% divvy. Superb uptrend.*
- 28 July 2015 BUR Burford - Simon Thompson in IC, p/e 10 forward. 3% divvy. Litigation financing like JIL. Lovely 3 year uptrend.
- 28 July 2015 MTVW Mountview Estates - Mark to Market NAV 16300p according to Simon Thompson - current price around 11925p. Property play with clearly huge NAV discount - has lots of Regulated Rents.*
- 4 July 2015 RCN Redcentric - no bargain on p/e 16 forward and 2% divvy but it's a hot sector - Cloud Computing, data, etc. Great Uptrend. Maybe too similar to IOM for me - but worth considering.
- 4 July 2015 BON Bonmarche - seems to be the Value Retailing growth story that perhaps SHOE isn't. P/E 13 fwd, 2.4% Divvy. They sell Coatigans - whatever they are, but you can't argue with that !! £10m cash.*
- 19 June 2015 OXIG Oxford Instruments - classy business, economic moats. Watch for Downtrend breakout. Not cheap but quality and niched. Nanotech instruments etc.
- 19 June 2015 BAE Systems BA. - 4.5% divvy, p/e 12, possible for Income Portfolio. Doing shares buybacks. Move to Cybersecurity. Defence spending likely to increase in UK and US. Useful diversifier for my Portfolio as no Defence exposure at present.
- 19 June 2015 SERV Servelec - IC tip, looks interesting. Healthcare software provider winning NHS contracts and automation software for Utilities - looks good niche. No debt. p/e 12 forward. 1.9% divvy, Market Cap £204m ish. Tiny bit of Oil and Gas.
- 9 June 2015 PNA Penna Consulting - £37m Market Cap, p/e 9 ish. Nice Uptrend. Good results. PR consultancy. Needs digging into.
- 9 June 2015 CCT Character Group - Simon Thompson IC - looks very undervalued. ST target 525p but that would be p/e of 11.5 which is too low - 15 easily possible here for such growth. Teletubbies relaunch has huge potential - double revenue of Peppa Pig in its heyday.*
- 9 June 2015 RNO Renold - looks good turnaround story. Bit of debt but manageable. Closing facilities and cutting costs. Products are specialist - chains.
- 9 June 2015 DCG Dairy Crest - p/e 12 ish, 4.2% divvy, lot of debt but predictable Cashflow. Huge Transformation after selling Dairy bit which had volatile earnings. Possible Income Portfolio stock.*
- 9 June 2015 LTC Latchways - looks reasonable value with big divvy. Walked out of downtrend. Moat Products. Interesting - needs proper dig into.
- 9 June 2015 GMS Gulf Marine Services - fwd p/e 5 !! Lot of debt. CAGR forecast 18% next four years. $685m Order Book. Self Elevated Drilling Barges. High Risk.*
- 9 June 2015 WPHO Windsor Photonics - forward p/e 8, recent IPO, £50m Market Cap, UK based laser wind speed measuring device for Wind Turbines. High Risk.*
- 9 June 2015 CAKE Patisserie Valerie - despite my reservations after seeing disappointing shop in Henley and high p/e at 27 ish, there does seem to be a great high growth story here. Lots of expansion potential. High Risk so small stake (slice?) probably best - can take another piece if business does well.*
- 31 May 2015 BMY Bloomsbury - £7.5m in Cash, p/e 13 forward, divvy 3.5%. New illustrated Harry Potter Books coming out and demand surprised Board. Look for Breakout on 3 year chart.*
- 31 May 2015 TIG The Innovation Group - p/e 14 and big Cash Pile. Good business and if cash deployed could grow by Acquisition. Chart bit pants.
- 31 May 2015 PAG Paragon - great play on Buy2Let (buy toilet?). Strong growth and opened Banking Arm. Fwd p/e 14, 2% Divvy, lovely Uptrend. Default Rate tiny. Play on Challenger Banks theme also. Quite Risky and cyclical.
- 31 May 2015 LAKE Lakehouse - energy efficiency products. Many of the Better peeps on Twitter been buying in. Looks good value, recent IPO. Woodford in it I think (might be Slater).*
- 31 May 2015 AIE Anite - might be value here - Simon Thompson been tipping it. Chart on Verge of Breakout on 27th May - looks to have done it and could move up. Telco testing software - had problems in the past and I think sold off Travel Software bit. Simon Thompson suggests possible takeover target.
- 31 May 2015 WIZZ Air - low cost Eastern European Airline. p/e 14, PEG 0.8. Come up on Paul Scott youtube Video - worth a look - strong growth.
- 31 May 2015 SOM Somero Enterprises - p/e 10 ex cash - look for breakout at 145p - got to be worth 200p maybe?
- 31 May 2015 KBC - ex cash on p/e 10 ish. Seems good value - recent Strategic Combination with another Software Company to market products as a Suite. Active Buyer with non-exec on the Board - Kestrel Partners. Simon Thompson play.*
- 31 May 2015 BQE Bioquell - Simon Thompson IC play - put itself up for sale or sell off bits. looks like could be upside to maybe 185p ish. Biocontamination products - if gets takeover, could be read-accross for TSTL.
- 22 May 2015 HSD Hansard Global - life insurance similar to CSN. Huge Divvy - 9% ish. @MacroVal on twitter highlighted it and has bought in. Looks promising. Will suffer in Bear Markets - but all Stocks do really.
- 22 May 2015 ZYT Zytronic - p/e 11.5 ex cash, divvy 3.5%. Looks good, cash up, margins up. Biggest risk is lack of Order visibility -short lead times.
- 22 May 2015 RGU Regus - looks good value for the growth. Opening new sites like crazy and big margins. May be issue around 'Off Balance Sheet' leases though. Forward p/e 16, Divvy 2% - very cyclical - got whacked in Credit Crunch.
- 14 May 2015 BAB Babcock - has £20bn Order Book. No change in government means lot of Risk removed. Been in big downtrend - once this ends could be a good Buy.
- 14 May 2015 DIGS GCP Student Living - clearly an interesting high growth area to invest in. Is this any good? Been listed a couple of years. Appears to be on Premium to NAV but strong uptrend and need to check which Universities it has property at. Look at success of Unite Group UTG.
- 14 May 2015 TUNE Focusrite - unusual company but growth looks good. p/e forward of 16 not cheap but also has Cash. High Risk - does stuff for Professional Musicians.
- 14 May 2015 DSC Development Securities - 10% ish Discount to NAV - rare in Property Stocks these days - most on Premiums. Risk as focused on Development rather than just renting out but looks good value.
- 14 May 2015 NFC Next Fifteen Comms - New boss March 2014. Looks to have makings of decent turnaround play. Clearly been restructuring and kitchen sinking results. Forward p/e 12, bit of debt, Digital Marketing, 2% divvy.
- 14 May 2015 LOK Lok N' Store - quality business. 20 years old. Only 2/3 capacity used and growth to come with New Sites. Trading near Book Value. 2.6% ish Divvy. SAFE, BYG on premiums to NAV. Strong Uptrend, must be takeover target.
- 4 May 2015 SHOE Shoezone - recent warning has caused huge fall in Share Price. I suspect could be superb buy now as a play on Discount Retail - Risky so would need to be small Pilot Buy and buy more if goes well. I see reasons given by Management as plausible. Need to visit shop and speak to staff to see if the Big Boots didn't sell or if this is piffle.
- 4 May 2015 EMIS - really quality business with strong growth. P/E 20 but can probably grow into this. Could be superb Buy and Hold type stock to ride growth trend. Big entry barriers - once software in, customers unlikely to change.*
- 4 May 2015 IPEL Impellam - looks like another recruiter that the market under appreciates. P/E around 10, very similar to EMR but more IT focussed maybe.
- 4 May 2015 AN. Alternative Networks - looks good value on fwd p/e around 13 and 3.5% divvy. Reminds me of Vanco from years back - Virtual Network Operator. Robbie Burns big fan. I think these had a takeover bid recently but maybe I imagined that.
- 4 May 2015 CCT Character Group - strong results - business clearly has momentum. Great brands like Peppa Pig.*
- 4 May 2015 DEB Debenhams - fwd p/e 11, divvy 4%, debt quite meaty. Looks great turnaround story. RebelHQ in these. Mike Ashley stake and increasing SPD shops in Debenhams stores.
- 4 May 2015 EPWN Epwin - looks good with fwd p/e 9 or so and 6% divvy. £1m Cash but turned around an £18m debt pile. Investor Chronicle Main Tip but looks interesting. Replacement doors, windows, gutters etc. Probably too similar to SFE for my Portfolio at the moment.
- 22 April 2015 SEPU Sepura - really like this. Digital Radios for police and stuff. Not cheap but could be excellent growth stock. Digital Radios allow Apps and stuff - big change for Emergency Services to help efficiency.*
- 22 April 2015 RCN - Redcentric - spin out from Redstone. IT Managed Services. Forward p/e 13 ish. Not sure really, needs investigating.
- 22 April 2015 DX. DX Group - Document Xchange. 7% divvy, p/e 7 looks cheap. Lots Self Help going on with 'one DX' strategy. Recovery Potential maybe? Acquisitions likely.
- 22 April 2015 CQS New City High Yield Fund NCYF - bond fund but Investment Trust rather than Unit Trust so does not have redemption problems. Yield 6.8% ish. Maybe good diversity for Income Fund. Not over keen on Bonds but this would be Long Term so would buy more on dips over time.*
- 19 April 2015 KGF - Kingfisher. could be good turnaround story. Reasonable value on p/e 11 ish and chance of Special Divvy as has lots of cash. New CEO from French Castorama bit.
- 19 April 2015 JHD James Halstead - flooring specialist. Divvy raised for 39 years on the trot. Around 3% divvy. Not cheap on p/e 18 ish but quality. Net Cash.*
- 19 April 2015 ITQ Interquest - looks cheap on foward p/e of 8.5 for 2016. Might get a bid. Recruitment.
- 19 April 2015 TMMG Mission Marketing - looks cheap on forward p/e of 8. Bit of debt. Quite small company, AIM, Doing lots of acquisitions which should boost growth. Another undervalued Marketing Play?
- 09 April 2015 SOM - Somero Enterprises - from Paul Scott SCVR - looks cheap - strong growth, Does Concrete Floor Levelling machines and has 99% of Market !! Looks US based and reports in Dollars. Cyclical. Impressive Shareholders list.
- 09 April 2015 NAHL - National Ambulance Helpline - Ambulance Chasers - but p./e 10 forward and Divvy 5.5%. Bit of Cash. Play on 'always someone else's fault' culture of Modern times !!
- 09 April 2015 CHW - Chime - looks cheap on p/e 10 forward and Divvy 3%. Bit of debt. Play on undervalued Marketing Sector.*
- 09 April 2015 PLP - Polypipe - high margins, play on Construction and Housebuilding Boom. French bit is weak. p.e 13. Debt but falling.*
- 09 April 2015 ITV - with Special Divvy yield near 5%. Net cash. Acquisitions likely. p/e 12 ish, Advertising cyclical but dependency reducing.
- 09 April 2015 BUR - Burford Capital - Civil Litigation funding. Like Juridica JIL - 4.9% Divvy. Could be Diversifier for Income Portfolio.
- 09 April 2015 FRP - Fairpoint - just looks cheap. P/E 7 forward and 5.1% Divvy. What Exactly does business do? Small bit of debt. In downtrend - watch for Breakout.
- 09 April 2015 CINE - Cineworld. Steadily increasing prices. 30 New Multiplexes planned for Europe in 3 years and new Screens in UK. 2.8% DIvvy, p./e 18 ish forward - not cheap but maybe worth paying. Interesting trend upwards in average Ticket Prices in US etc. Lots debt but cashflow to service it. Amazing Resilience in Credit Crunch. Income Portfolio? Maybe yield bit low but will grow most likely.*
- 09 April 2015 CAU - Centaur Media - forward p/e 12, divvy 4.3% ish. Similar to SIV. Marketing Week and other Magazine Brands. Bit of Debt - not excessive.
- 09 April 2015 THRL - Target Healthcare REIT - quite new forecast 6% divvy, high charges, 19% Gearing, 8% Premium to NAV - shame. Fairly recent IPO. Care Homes leasing, Income Portfolio? Might be good diversifier.*
- 09 April 2015 NCC - Classy IT Security Play. Stole ACM - could give nice boost to NCC. Not Cheap but Quality.
- 09 April 2015 ABDP - AB Dynamics - Small £29m Market Cap, AIM, Car Suspension and Brake Testing products. £5m Cash, p/e 11, Must be takeover target for RCDO etc. New Production Plant on the way. Cyclical.
- 09 April 2015 SQS - pure quality, don't forget about it !!*
- 31 March 2015 GOAL - seems to be back on growth tack. debt reduced and plan 12 new centres in the US. p/e 14 forward. Opening new UK centres.
- 31 March 2015 SERV Servelec - I have never looked at these before. Healthcare software and Engineering Automation software, strange mix really. forward p/e 16. 1.5% divvy. No debt.
- 31 March 2015 CRW Craneware - quality, Health billing software for US hospitals. Not cheap though on p/e of 19 ex cash of $36m. AIM might be worth stake building. Also Analytics.
- 31 March 2015 HEAD Headlam - floor stuff. 4% divvy, £24m cash, p/e 14. Pulled back to 3 year Uptrend line.*
- 31 March 2015 TAST Tasty - people who did Ask Pizza and Prezzo - latest update good, Maynard Payton on twitter covers. Need to look at PEG and growth aspects.*
- 31 March 2015 CMS Communisis - Marketing Services. Debt highish but p/e 6 and 3.6% divvy. In downtrend like many other Marketing plays - interesting sector as it should be strong at this point of Economic Cycle.
- XX March 2015 GLIF - 8% yield. Decent uptrend. Crowd Funding - not sure about this….Risky if Sector gets political attention.
- XX March 2015 IMO Imimobile - Robbie Burns bought, Newish IPO, £56m Market Cap.
- XX March 2015 LVD Lavendon - forward p/e 10, fair bit of debt, 3% divvy, Belgium Unit issues.
- XX March 2015 IRV Interserve - forward p/e 9, divvy 4%, £8bn Order Book. Bit of a downtrend but seems good value in this market that is stretched.
- XX March 2015 CHH Churchill China - benefit from eating out trend. £7m cash - strip out and forward p/e 16. Not cheap but strong momentum in business.
- XX March 2015 VM. And ALD Virgin Money and Aldermore - Challenger Banks. Also OSB - VM. On forecast p/e 16.*
- XX March 2015 JDW - Weather spoons - class business at fair price. Play on eat out trend and Bargain theme.
- XX March 2015 RTN Restaurant Group - just sheer class. High p/e but worth paying up. Plan to grow estate 100% in 5 to 8 years.*
- XX March 2015 SIR Secure Income REIT - Nick Leslau. Stakes in Merlin parks and healthcare. Long Debt maturities.*
- XX March 2015 HFEL Henderson Far East Income - John Rosier idea. 5% divvy - maybe give Diversity to Income Portfolio?*
- XX March 2015 AML Amlin - an old mate, buy when testing bottom of Range.
- XX March 2015 XPP XP Power - sheer class.
- Xx March 2015 SQS Software Quality Systems - pure class. Not cheap but sometimes you gotta pay up. Software testing etc. German - at Tech Show and I was impressed.
- XX March 2015 KBC were at Shares / Cenkos Tech Event - shame I didn’t speak to them. Listed 1997 - seems well established business. IT for Oil Refineries etc. Founded 1979. 300 staff.
- XX March 2015 BBOX Tritax Big Box REIT - 3.7% divvy 6% premium to NAV. Income Portfolio? Aim to grow assets to £1bn. Short track record.
- Xx March 2015 THRL Target Healthcare REIT - residential homes property. 6% divvy 7% premium to NAV though. Income Portfolio?
- Xx March 2015 DX. - Document Xchange - p/e 8, divvy 4%, low debt. Could be finding support on Chart. Logistics like RMG a bit. DX is the Solicitor’s document swapping thing.
- XX March 2015 OMG - clever 3D cameras for films etc. Actually makes money. P/e 13
- Xx March 2015 QTX - Quartix IC Tip, telematics, Insurance Black Boxes etc. Fast growth, divvy forecast. Recent IPO, 4/5 of Stock held my owners. AIM. TRAK an alternative maybe.*
- Xx March 2015 SHOE - Shoe zone - cash, p/e 11 or 12, small divvy, Uptrend, online up 25%, cheap china sourcing, focus on growth, store renegotiate rents, huge divvys in future.*
- Xx March 2015 HILS - Hill & Smith - IC 2015 Tip of Year - US galvanising plants have local monopolies. Looks good.*
- XX March 2015 COSG Lyxor ETF, Consumer staples in Asia Ex Japan. Bearbull Portfolio idea in IC.
- XX March 2015 ESP - Empiric Student Property - big divvy planned - 6%. Directors bought chunks at 102p. One for Income Portfolio?*
- Xx March 2015 ICTA - JJIS (@compoundincome on twitter) idea. Investment Trust near 5% divvy. Possible for Income Portfolio maybe. Complicated A and B sahres structure but seems ok. Good solid divvy stocks in portfolio. 10% gearing. Foreign & Colonial Fund.
- Xx March 2015 GVC - looks cheap. 8% divvy, p/e 10. IC tip - Robbie Burns has. Gambling Stock. Nice uptrend. Possible issue over unregulated (illegal?) countries it operates in.
- Xx March 2015 WYG - White Young Green - recovering after tough 2011. AIM listed, £70m Cap, divvy started again, p/e 13 ish, possible takeover like HYC?*
- XX March 2015 ACAL - worth a look. Changing strategy, electronics design and manufacture.
- XX March 2015 PAY - Paypoint, worth investigating. Is it ex-growth now? 4% divvy, £28m cash, not cheap (p/e 16 ish) but could be good. Bit of a downtrend.*
- XX March 2015 CAKE - Patisserie Valerie, not cheap on p/e 18 at 202p, but fast growth. Sales up 27%, no debt, new stores rollout during next year.*
- XX March 2015 MTVW - Mountview Estates - book value £160, price now £108 - huge discount. Residential Landlord - looks great.*
- XX March 2015 MGAM - Morgan Advanced Materials. Turned down bid from Vesuvius recently. IC tip at 289p.
- XX March 2015 SCPA - Scapa - still looks interesting. Probably high p/e though. Worth a look.
- XX March 2015 POS - Plexus - critical product, getting cheaper. bloody high risk. Watch closely.*
- XX March 2015 E2V - electronics, RF, microwave, satellite imaging sensors, New CEO plans double operating profit by 2020. High R&D spend. Like OXIG, RSW, 2.8% divvy. Forward p/e 14. £8.5m debt - good Balance Sheet. IC Main tip - lot in Defence Industry.**
- XX March 2015 PAG - Paragon - buy to let lender. New retail banking bit - car loans, personal credit, and debt book buying arm. All good. At 400p p/e 13 ish, 2.3% divvy.
- XX March 2015 CRE - Creston - marketing - been struggling - one to watch for recovery. New management, share buybacks, eps forecasts look light. Net cash. Simon Thompson tip at 118p. Digital marketing play. 3.6% divvy.*
- XX March 2015 TRCS - Tracsis - looks great. Forward p/e 21 though not cheap. Strong Uptrend.*
- Xx March 2015 IMI - New Boss, closing down or spin off of poor units. Acquisitions as well. Could be good turnaround story.
- Xx March 2015 CML - Paul Scott positive on but does not hold.
- XX March 2015 SEPU - Sapura - hand held radios - short range. Tetra Band. Good results. Paul Scott likes but does not hold.*
- XX March 2015 GLIF - Craig on twitter (@pfhunting) likes. I think Simon Thompson covers. Crowd funding a bit.
- Xx March 2015 ADT - Adept Telecom - John Rosier and t1ps - good growth, debt falling, divvy up, interesting.
- XX March 2015 SEDY (iShares) and EMDV* (S&P) Emerging Markets divvy EFTs. EMDV p/e 10 117 stocks. From IC.
- XX March 2015 REDD - Redde - big divvy, insurance claims handling, like QPP !! But a real business.
- XX March 2015 HSTN - Hansteen - same guys did Ashtenne (not anagram) - seems class property play.
- Xx March 2015 SPI - Spire Healthcare - recent IPO, is there value? Deal with BUPA 6th Nov.*
- XX March 2015 SSP - Kate Swann former CEO of WHSmith. IC tip. P/e 18, but 2% divvy. 15% eps growth next 4 years. Geographic diversity, owns Café Ritassa etc. airports, rail stations. Spun out of Compass, margins up.*
- XX march 2015 RST - Restore - acquisitions but seems good. Worth digging into it.
- XX march 2015 AMO - Amino Tech - cheap, might have a future. Lots cash. Internet of things products.*
- XX March 2015 VCT - Victrex - class act. New facility for PEEK early 2015. - 50% more capacity - wow*
- Xx March 2015 SND - Sanderson - looks good. 3% forward divvy. Simon Thompson stock.
- XX March 2015 MCGN - Microgen - t1ps cover. Possible play on Big Data maybe? Seems high risk.
- XX march 2015 NFC - Next 15 Comms - interesting PR agency - had accounting problems but recovering. P/e 12, 2.4% divvy.
- Xx March 2015 CNCT - Connect - distribution, p/e 7.4, divvy 6%.
- Xx March 2015 ITQ - Interquest - class act. Strategic review.*
- XX March 2015 UBM - new CEO, events business. P/e 12, IC Tip looks good.*
- Xx March 2015 JMF - JP Morgan Mid Cap Investment Trust - newish manager couple of years. Seems good. Chunky discount to NAV 11% ish. 2.5% divvy.
- Xx March 2015 CINE - Cineworld - £22m director buys. Interesting. Income Stock maybe.*
- Xx March 2015 GDWN - Goodwin - engineering, energy, big family stake and directors are family. P/e 14 ish. Looks good. Valves etc.*
- Xx March 2015 TMMG - The Mission Marketing - Paul Scott quite likes. £9.2m debt though.
- Xx March 2015 NXR - Norcross - South Africa bit crappy but Paul Scott and Leon Boros hold. P/e 7.5, £20m debt though.
- XX March 2015 OGN - Origin Enterprises - agriculture business. P/e 13, divvy 2.5%. 5% debt - worth investigating.
- Xx March 2015 AAIF - Aberdeen Asia Income Fund - Huge Young. 4% divvy. No discount to NAV. Long Record. Interesting - possible for Income Portfolio?
- XX March 2015 NBI - Northbridge Industrial - still looks good. Recent acquisition in Tasmania. Maybe switch AGK to NBI?*
- Xx March 2015 CVS - Vets - strong growth, debt high but big reliable cash flows. P/e 16.*
- XX March 2015 TFW - FW Thorpe - LED Lights. Lots cash p/e 16. Big family stake. 2.4% divvy. Interesting - Paul Scott might hold.*
- Xx March 2015 NARS - Nationwide Accident - looks good value. P/e 8 to 10 ish. 4% divvy. Acquisition growth but reasonable pace. QPP had share stake.*
- Xx March 2015 IND - Indigo vision - £35m Market Cap - Paul Scott very enthusiastic. P/e around 14 and good divvy. Entering period of growth.
- Xx March 2015 GNS - Genus - long term this is class. Maybe stake build slowly on dips.*
- Xx March 2015 MYI - Murray International IT - Bruce Stout manager. Very bearish and cautious. Yield focus. 4% divvy. Exposed to South America and Asia. Bonds also. Income.*
- Xx March 2015 INPP - International Private Partnerships - infrastructure fund. Income?
- Xx March 2015 PHNX - Phoenix - like Chesnara CSN but much bigger. In a position to buy lots more Closed End life books. 7.5% divvy looks excellent. Can it hold up in poor markets?*
- Xx March 2015 RTN - Restaurant Group - sheer class and plan to double number of restaurants over next 8 to 10 years.*
- Xx March 2015 CCH - Churchill China - Paul Scott loves this but not bought as p/e 15 ish, so a bit high to buy. Divvy 3.3%. Cash £9m. Got new kiln giving 60% capacity increase -BUY !!*
- Xx March 2015 TRB - Tribal - IC Main Tip - looks good.*
- Xx March 2015 PFC - Petrofac - Income Stock? Huge Order Book.
- Xx March 2015 MCLS - McColls - IC Main Tip. 6% divvy, p/e 10, Convenience Store growth. Committed to 60% post tax profit as divvy payout.*