Chris Boxall discusses three recent success stories: Castings (CGS), with squeaky clean reporting and a nice dividend. Kooth (KOO), wins a big contract with the state of California and Kitwave (KITW) just keeps going from strength to strength. In a sea of constant negativity, there are some shining lights.
In contrast at the other end of the scale, Chris discusses Marlowe (MRL) and Gooch & Housego (GHH) who have been on an acquisition bonanza of late. These acquisitions haven’t worked out as the management would have hoped but may do in time. Chris has been doing some deep research into Marlowe (MRL) and shares some of those insights in this conversation.
Chris finishes by sharing how he creates an internal and external environment that enables him to invest patiently.
Key topics covered:
Castings (CGS), squeaky clean accounts with a nice dividend
Kooth (KOO), wins a big contract win with the state of California
Kitwave (KITW) just keeps going from strength to strength
When acquisitions go bad; discussing Marlowe (MRL) and Gooch & Housego (GHH)
Creating an internal and external environment for patient investing
1:20 Castings (CGS).
2:45 Kooth (KOO).
4:40 Kiwave (KITW).
6:05 Marlowe (MRL).
9:00 Gooch & Housego (GHH).
11:20 Acquisitions; do they always make sense?
13:00 The importance of having skin in the game.
14:45 The need for patience when investing.
20:05 The importance of cash flow for a company.
21:10 Wrap up.
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Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.