magazine archive
magazine archive
Under The Bonnet
Is new IPO THG a retail or tech business, and should you invest?
Thursday 24 Sep 2020Initial public offerings (IPOs) of note have been a relative rarity in the UK this year but The Hut Group, or THG ( THG ) as it is officially called, brought some glitz to London’s new issues market earlier this month. City brokers have been all over the float, the UK’s biggest by money raised...
Can Ashtead maintain its stellar growth record?
Thursday 17 Sep 2020In any table of UK ‘quality growth’ companies or ‘compounders’, equipment hire firm Ashtead ( AHT ) is usually somewhere near the top if not the top-ranked stock. By way of illustration, a simple screen of the FTSE 350 index for 10-year total returns – in other words capital gains plus reinvested...
All you need to know about Airbnb before its blockbuster IPO
Thursday 10 Sep 2020Online home rental marketplace Airbnb is set for a blockbuster stock market debut this year as it gets ready to launch a multi-billion dollar initial public offering ( IPO ) in the US. The company is expected to list before the end of 2020 after it confirmed it had confidentially filed the...
Buy remote IT connector Teamviewer for big growth potential
Thursday 03 Sep 2020We recently looked at Europe and talked about some of the exciting growth companies on the Continent, and how they are often lost in the noise created by their US cousins. German technology company TeamViewer (TMV:XETRA) is exactly the type of fast-growing and profitable tech company that will have...
SAP is one of the most important stocks in Europe
Thursday 20 Aug 2020Germany’s SAP might be the most important company you have never heard of. It is a genuine enterprise technology sector giant, relentlessly generating billions in revenue and profit year after year. Listed in Frankfurt and Stuttgart and worth €168 billion, it is Germany’s largest listed company,...
The second coming of Serco
Thursday 13 Aug 2020Public sector service companies such as Serco ( SRP ) have had something of an historic image problem. As governments around the world sought to procure more services for less money, corners were inevitably cut resulting in some high-profile failings. Security firm G4S ( GFS ) made the headlines in...
Spotify stock asks too much of investors
Thursday 06 Aug 2020It may seem odd that it was right in the teeth of a global pandemic that shares in music streaming service Spotify Technology sprang to life. Since the 3 April 2020, the stock has rallied nearly 130% to nearly $280. It currently changes hands at $254.43. This sudden jolt of investor support came...
3i: the investment trust helping good companies become great
Thursday 09 Jul 2020London-based 3i ( III ) is the pre-eminent UK listed direct private equity investment trust, with a portfolio valued at £8.1 billion as of the end of March. Founded at the end of the Second World War by the Bank of England and major UK banks to provide long-term capital to small and medium...
How Games Workshop became a FTSE 350 star performer
Thursday 02 Jul 2020Nottingham-based fantasy miniatures manufacturer Games Workshop ( GAW ) has been the best FTSE 350 performer over the last five years, providing a total return, which includes reinvested dividends, of 1,600%. That means a £1,000 investment in 2015 would have turned into £17,000 today, which works...
Just do it: why you should invest in Nike
Thursday 11 Jun 2020Star money manager Terry Smith recently purchased shares in Nike (NKE) for Fundsmith Equity (B41YBW7) , the first time his flagship fund had invested in the world’s largest sportswear company. This is a testament to the high-quality characteristics of the American company famed for its iconic...