RE: Woody23 Nov 2019 17:49
Many don’t grasp the Woody effect. On a very micro scale - ie what they were involved in- it’s like 9/11 and the 2008 crash combined. He wasn’t bad at choosing companies, he was just nuts at the sizes of holdings and prices he paid for such. He was on steroids. Look at HVO.
That’s the massive opp though , and it is once in a generation,
Bunsen, rule one; be wary of cos that need cash. V expensive in current climate - avoid. Here?
Rule 2 - what’s the business model ? Manufacturing/licencing ? One high cost low margin, other low cost high margin. Which do you like ?
Add the 2 together, then ask is it in a real value, growth market.? Then ask yourself can this company do better than its current mcap? And there you have a potted version of AIM - need cash, avoid, otherwise, investigate. And most of all, look for recurring revenue high margin companies. There’s one or two about. Upto to you to do some work.