The Ethics edition. Investing versus trading. PayPoint. Bloomsbury Publishing. Oxford Instruments. Auto Trader. The Dropout. Theranos. Peter Drucker. Milton Friedman. Postcard giveaway.
Thanks Richard. I always look forward to your postings. You employ an unparalleled focus on the detail of a company under scrutiny which makes the process an exciting read. I invested and have continued to hold Games Workshop, Judges Scientific and Goodwin for years following your writings. I am interested in those businesses with a family interest like Goodwin so would love to hear your views on B.P Marsh. All the Best and thanks so much for all your splendid efforts. Jas.
Ah, just had a quick look in SharePad. It is invisible to me because it is a finance company and the metrics I use to judge a business are not reported. The P&L and Balance Sheet are alien to me. Basically, it's beyond my ken! Judging by the forecast normalisation of interest income it's cyclical and probably benefits from high interest rates, which are normalising but you know that. If you're in it for the long-term, presumably you think it will do well through the cycle?
Thanks so much Richard. You are a star. Yes I tend to be a long term holder. The shares are tightly held in a small small market and do not seem to be so susceptible to big percentage falls in adverse market conditions. In fact they have just started to climb in this lowish intetest enviroment. Thanks again Richard.
Thanks Richard. I always look forward to your postings. You employ an unparalleled focus on the detail of a company under scrutiny which makes the process an exciting read. I invested and have continued to hold Games Workshop, Judges Scientific and Goodwin for years following your writings. I am interested in those businesses with a family interest like Goodwin so would love to hear your views on B.P Marsh. All the Best and thanks so much for all your splendid efforts. Jas.
Thanks JAS, that's great to hear. I'll take a quick look at BP Marsh sometime!
Ah, just had a quick look in SharePad. It is invisible to me because it is a finance company and the metrics I use to judge a business are not reported. The P&L and Balance Sheet are alien to me. Basically, it's beyond my ken! Judging by the forecast normalisation of interest income it's cyclical and probably benefits from high interest rates, which are normalising but you know that. If you're in it for the long-term, presumably you think it will do well through the cycle?
Thanks so much Richard. You are a star. Yes I tend to be a long term holder. The shares are tightly held in a small small market and do not seem to be so susceptible to big percentage falls in adverse market conditions. In fact they have just started to climb in this lowish intetest enviroment. Thanks again Richard.