I do not think it is unfair to say that over the last decade we have seen a powerful shift in sentiment towards utility stocks, arguably in a very negative direction. For much of the last few decades, private investors could not get enough of these boring stocks. They paid out a generous dividend, seem […]
Month: July 2020
Screening For My Next Long-Term Winner: Fever-Tree Drinks
They say mums always know best. Mine has bought Fever-Tree tonic waters for some years now and I recently asked whether she remained a customer. This was her response. “While we don’t buy many commercial drinks for home consumption these days I would still definitely buy Fever-Tree, generally the original tonic water. I went into […]
Weekly Commentary: 27/07/20 – The Relative Value Trade
The Relative Value Trade With a huge injection of liquidity last week the valuation differential between large US tech stocks and UK small companies is becoming extreme. Jeremy takes a look at the relative merits of LoopUp vs Zoom and Beeks Financial Cloud vs RobinHood. Read more
Making a new discoverIE
I discovered discoverIE using a simple and fruitful method of finding new investment ideas: a list of shares sorted in SharePad by previous annual report date. Having squinted for a few minutes at financial charts showing profitability, cashflow and debt (more on that later), I thought the company looked promising: Sorting a list in SharePad […]
Weekly Commentary: 20/07/20 – Clearing up the debris
Clearing up the debris The pace of structural change is faster, perhaps, than ever before and there are an increasing number of quoted companies dedicated to managing this change. A new entrant into the insolvency funding market, RBG Holdings, could well be set to benefit despite a number of red flags. Read more
Prudent 15: International Public Partnerships
The safe bet on infrastructure: INPP (International Public Partnerships) Over the next couple of articles, we’ll be adding two new funds to our Prudent 15 list, both in the broad infrastructure and utilities space. My next article will be on a fund that invests very broadly in the shares of other infrastructure and utility companies […]
Screening For My Next Long-Term Winner: Headlam
Let me start by thanking you for clicking on an article with Headlam in the title. Rest assured, not everyone will want to read about this rather dull business that has suffered badly during the pandemic. But for us contrarians, now may be the time to consider such stocks — unloved names that the market […]
Weekly Commentary: 13/07/20 – Flight to Quality
Flight to Quality As the bubble spreads from large tech to healthcare and motor companies in anticipation of a flight to quality Jeremy takes a look at Judges Scientific and SDI Group. Read more
Volex: Reassuringly above average
If you’ve read my recent articles you will know I have been ranking shares using basic financial statistics. I found Bioventix by ranking five criteria. The objective was to find profitable companies mostly financed by equity rather than debt, with high quality assets and low valuations. The more profitable, the more conservatively financed, and the […]
Weekly Commentary: 06/07/20 – Inflation
Inflation The growth bubble continues, but eyeing inflationary storm clouds gathering over the horizon Jeremy takes a look at Melrose Industries as a potential hedge against inflationary threats. Read more
Dynamic 35: Witan Investment Trust
Witan – a long term buy and hold globalist fund with a value bias Investing should really be about simplicity. Take global investing. Nearly every investor should have some exposure to a globally diversified mix of developed world stock markets. How big that exposure depends on your risk tolerance and your own appetite for global […]