PZ Cussons doubles down on focus
PZ Cussons is sharpening its focus on 8 “Must Win” hygiene, baby and beauty brands in the UK, Nigeria, Indonesia and Australia.
28th April 2021
Richard Beddard
Richard is a highly-respected investment writer well-known for his Share Sleuth portfolio, a model portfolio he runs for the investment platform Interactive investor. Richard eats his own cooking – buying good businesses at reasonable prices and holding them for the long-term in his Self Invested Personal Pension.
I’m a long-time ShareScope and SharePad fan and my aim is to help you find better companies faster using the fantastic tools at your disposal. My focus is on finding businesses we can reasonably expect to prosper for many years. As well as analysing data, I work out the strategies companies are following and try to verify that they are working in the real world by quizzing executives, visiting companies, trying their products and observing how they operate.
Good strategy/Bad strategy
A company’s strategy should not just tell us what it wants to achieve, but why and how. Richard introduces a simple framework for analysing strategy and highlights a good strategy, and one that is more difficult to fathom.
14th April 2021
Shares to help you sleep at night
I am probably jinxing it now, but owning shares in Howden Joinery has never lost me sleep. Despite the pandemic and a fall in profit, this year’s annual report has the same calming effect it does every year, and not just because of the pictures. Howdens explains the business very well, and quietly delivers on the promise.
31st March 2021
Quality cyclicals – not for the faint-hearted
Over the years I have ignored Kingspan because it is big, acquisitive, and supplies building materials. My gut reaction to these facts is that Kingspan is best avoided, but my gut could well be wrong.
17th March 2021
Turning over even more rocks
Recently, I have adapted my SharePad setup so I can turn over even more rocks. The cornerstone of my setup remains the KISS+ filter. KISS, stands for Keep it Simple (Stupid) and the plus sign is just a reminder that I have improved this filter over the years.
4th March 2021
The second most important ratio
If you look DotDigital, as I did a few years ago, you will find much to like about the business: Source: SharePad financial summary It
17th February 2021
Roll up! Get yer easy returns here…
Bunzl, a company I investigated last year, is a classic roll up A distributor of everyday items consumed by businesses and organisations, it routinely acquires
3rd February 2021
Made from girders
Barr makes Irn Bru, which I drank once, getting on for forty years ago in Scotland. Irn Bru is to Barr what Coke is to
21st January 2021
Annual reports made simple
Happy New year. This year, I have resolved to keep things simple, which is not easy in investing. Aide memoire… Just before Christmas Chris, a
6th January 2021
Lessons from lockdown and other stories
This year has confirmed that most of the news is at best irrelevant to me as an investor. Worse, the news stressed me out. It
23rd December 2020
Nichols: More than Vimto
Having prospected for investments in the soft drinks industry, I think Nichols is perhaps the most intriguing of quite an interesting group. It has been
10th December 2020
Finding the soft drinks companies with the most fizz
I know this is going to make me sound like an alcoholic, but I rarely drink soft drinks. When a reader requested an overview of
25th November 2020