The following is a list of stocks that I monitor. It’s a mix of interesting businesses and ones that I would like to buy at the right price. This is my opinion, not a recommendation.
| Ticker | Company | Notes |
|---|---|---|
| LSE:JIM | Jarvis Securities | Target share price of 135p |
| NASDAQ:EPAX | Ambassadors Group | |
| AKPS.OL | Aker Philadelphia Shipyard | |
| NYSE:EMR | Emerson Electric | Strong free cash generation and stable returns |
| NASDAQ:STON | Stonemor | Appears to have unsustainable dividends, considered shorting at $27.30 |
| SGX:EPIC | Epicentre Holdings | Should see some recovery in earnings, but no barriers to entry in their market so I suspect earnings are permanently impaired. Currently valued at a P/E ratio of about 7.5 if earnings improve, am interested to see what happens though. |
| LSE:MEC | Mecom Group | Media company with declining business. Needs to dispose of divisions to pay down debt but may be interesting once debt issue resolved. |
| NYSE:PHH | PHH Corp | Interesting business but exposed to a risk in a decline in mortgage originations which could provide a much better buy price in the future. |
| NASDAQ:PLAB | Photronics | Has frequently traded at a discount to tangible book but not a great buying opportunity currently. |
| NASDAQ:STRA | Strayer Education | Like the business but revenues still in decline and no idea when they will stop so impossible to see profits going forward. |
| LSE:LRE | Lancashire Holdings | A well run reinsurance company |
| NASDAQ:ARTW | Art's Way Manufacturing | An ok business but a good management giving ROE of over 15%. Fairly priced but want a bargain price. Recent earnings showed weakness. |
| LSE:PAG | Paragon Group | Well run business that is a lower risk play than banks if the sector is ever undervalued. |
| LSE:IAE | Ithaca Energy | Low price to cash flow multiple. Waiting for a pullback |
| TSX:INA | Iona Energy | Low price to PV10 but not yet producing much cash flow. Wait until company has matured more. |
| ASX:BTN | Ballantyne Strong | Decent business that has remained profitable with lots of cash on balance sheet. Cheap but not quite cheap enough, management may waste the money on an acquisition. |
| LSE:MUR | Murgitroyd Group | Good business with stable income. Fully valued at the moment but would be a good long term buy and hold. |
| SES:G0I | Nam Lee Pressed Metal | Looks cheap but earnings could fall further. Inventories and receivables don't look good. |
| LSE:GAW | Games Workshop | Strong company with a large moat and plenty of free cash flow. Fair valuation at the moment but want a margin of safety. |
| NYSE:GENC | Gencor Industries | Trading just below net cash with a profitable business attached. Wait for more margin of safety on the cash. |
| NYSE:JOY | Joy Global | Makes machinery to mine coal. Order book looks bad, although cheap would want to see some stabilisation in it, or a cheaper price. ($50) |
| NASDAQ:CLCT | Collectors Universe | Company with a strong competitive advantage but lumpy earnings which could create attractive entry points |
| HEL:MEO1V | Metso | Spin off happening in January could present interesting special situation |
| NYSE:XRX | Xerox Corp | FCF much higher than profits, earnings are also erratic so undervaluation likely at some point |
| NYSE:Y | Alleghany | Well run insurance company with 8% pa compound book growth |
| NASDAQ:CNRD | Conrad Industries | Well run shipping business. Currently at cyclical highs but could be good opportunities in future downturns. |
| LSE:ASHM | Ashmore | Well run asset manager focussing on Emerging Markets. |
| WBO:MBV | Miba | Good company but with large inside ownership, historically trades at low valuation so may be better entry point |
| ISE:KOC | Koc Holdings | A good play on economic recovery in Turkey, grown book value by 16% p.a. since 2009, currency is at all time lows |
| SWZ:JFN | Jungfraubahn Holding | Runs a railway through Swiss Alps for tourists. Strong business to pick up in times of recession |
| TSE:RCL | Ridley Inc | Strong moat company, majority owned by Fairfax. Previous holding, value at $226-$311m. |
| LSE:ADM | Admiral | UK P&C insurer with strong cost advantage and runs Confused.com |
| OSL:BOUVET | Bouvet | An IT consultant growing EPS at 13% a year but a low P/E. Short term pressure on profits from competition in Oil & Gas industry |
| XSW:TIBN | Bergbahnen Engelberg-Truebsee-Titlis | Another Swiss railway |
| NYSE:JMG | Journal Media Group | Spin off local newspaper group selling at low FCF yield. Fell to $8 after spin, selling at ~20% FCF yield. |
| AIM:CCT | Character Group | Some competitive advantages, shares have run up a lot but historically traded at a P/E of around 5 |