D-Day for Dart, Anite, Games Workshop
Confidence
Three companies in the Thrifty 30 have risen more than 50% since I added them to the portfolio, so it’s decision day. Should they stay, or should they go?
There’s nothing magical about 50% except it’s the minimum return I expect for holding a share for up to three years. Obviously these investments have ‘matured’...
Anite passes test, just
Backing VHS
Looking back, I was somewhat reluctant when I added Anite (AIE) to the Thrifty 30 portfolio in October.
The company seemed to be financially strong, but a valuation based on past earnings was hazy at best because it’s not the company it was. Having sold off disparate software businesses, it now focuses exclusively on...
Thrifty Anite tests resolve
In practice:
A little patience, a lot of profit
Anite (AIE) presents something of a dilemma. The figures are very enticing. For financial strength, the company scores a perfect nine. It’s cheap too, the share price is just eight times its average profits over the last ten years. Beneath lies a more complicated story, though.
The company...
