Month: February 2020

Weekly Commentary: 24/02/20 – Barbell Portfolio

Barbell Portfolio The tax advantages of technology companies and private equity combined with quantitative easing are shrinking stock markets. Until this changes the shrinkage will continue. In this environment a Barbell portfolio is likely to outperform. Jeremy suggests Alpha FX and Non Standard Finance as two companies at polar opposites of the valuation spectrum. Read […]

Taking back control

Richard investigates Dialight, a supplier of industrial LED lighting that flared up ten years ago briefly setting the stock market alight, and subsequently dimmed alarmingly. What are its prospects now it is taking back control of manufacturing? Ten years ago Dialight was a feted, fast growing business in a booming industry, LED lighting, but it […]

XP POWER

Older readers may recall a distant era when electrical devices used to plug straight into the wall. Nowadays, everything electrical seems to need an annoying little box between it and the wall. That box is called a power supply and these are the business of XP Power. But not the annoying ones. XP doesn’t do […]

Screening For My Next Long-Term Winner: Boohoo

Cash flow movements can often indicate whether or not a business enjoys a powerful operational advantage. A strong business might: Receive customer payments upfront for goods/services it has yet to deliver, and/or; Pay suppliers months after goods/services have been received. However, a weak business might: Receive customer payments months after its goods/services have been delivered, […]