The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I've gone in now. Could t hold out any longer. As far as Im concerned the price has dropped 10% recently whilst their latest third quarter RNS confirmed that their status was still forerro rocher excellent. I think that Softcat are a great play on firms digitising their businesses in response to Covid. Im worried though generally of a major stock market crash but thats why Im only tentatively loaded into stocks this year in terms of overall portfolio.
A nice deep dive into Qinetiq as a Defensive Stock: https://www.youtube.com/watch?v=QIl0wt7rVt8
They are overall in my opinion a solid defensive stock with little debt and a good management team. Their are some significant risks including Joe Biden getting elected in the US elections in November and government austerity effecting MOD budgets, but the medium and long term potential for Qinetiq seem very impressive. The share price seems very sensible compared against their increased revenues, assets and equity profile over the same period. Net income is narrowing and thats a critical indicator for the future.
Just took a look at Cranswick plc : https://www.youtube.com/watch?v=wr5UtYbJhpk
They seem like a good defensive stock as verified by their relatively stable price action against the backdrop of high volatility in the FTSE. They have a solid finances with good long term revenue growth and future momentum is underpinned by their recent investments to expand their animal farming and processing complex. I was a little bemused by their purchase of Katsouris brothers and it seems a shame that they have ended their run of being debt free to facilitate their recent investments but this relatively small risk does offer a good case for future net income growth. Ultimately- I found Cranswick to be a compelling Defensive Stock versus other options in the food sector.
I Just took a look at SoftCat and posted a vid: https://www.youtube.com/watch?v=6cin8SZECfs
SoftCat have an excellent trend of increasing net income from a very compelling organic growth model. In their latest interim call they highlighted an increase in customers and revenue per customer and their main market of providing IT infrastructure makes a compelling case for their future growth potential.
They have absolutely ZERO DEBT and are at a 10% discount to pre Corona levels. The only fly in the ointment was their recent interim dividend cancellation :.O. Overall I was very impressed by Softcat and whilst the overall market looks very hazardous, they are currently an excellent contender for my portfolio!
Just posted an analysis of Kainos Group plc : https://www.youtube.com/watch?v=wEr89x5HSjQ
Kainos have a strong track record and currently at a 20% discount to pre corona levels look like a credible defensive stock. On deeper scrutiny - I found that they are heavily dependant on the UK government as their main cash cow and as they reach an inflection point in revenues from the public sector their future success relies on their ability to generate increased revenues from the corporate sector in a challenging expansion into North America and Europe.
Their recent trading update was full of mixed messages and so they are not a clear winner but are nevertheless certainly in contention as a good defensive stock pick.
I Just posted an analysis of Gamesys : https://youtu.be/IpFfpi4HTNY
Although their price has increased considerably since the initial Corona crash, they have reported a 19% boost in sales in the first quarter and look set to meet analysis 3x revenue targets. The fly in the ointment is their 0.5 Bn in debt - but all the same look like a very convincing defensive stock which tap in amazingly to the modern day phenomenon of obsessive smartphone usage.
Correction - retail is 2 thirds of current profits in a normal year (2019 numbers were different because of a restructuring of the Vets business)
I just posted an analysis of PETS : https://youtu.be/mnWJqQe1cik
Pets at Home are a natural defensive stock. They have been as busy as the supermarkets during the lock-down period and are a good long term play into how modern society had lent itself for increasing spending on pets. I found that their future revenue growth is dependent on the Vets half of their business, and unfortunately the Vets business is emergency calls only during the lock-down although they have reported unprecedented business in their retail sgment, which is currently two thirds of total revenue.
I just posted an analysis of Avast: https://youtu.be/BoaeUaInw7U
Impressive revenue & net income growth and a great play on the ever increasing popularity of the internet. The only negatives I found was the jump-shot scandal and large shareholdings of original founders. I cant help but think that the recent hysteria surrounding the corona virus can only have been good for Avasts sales.
Interesting analysis of 888 Holdings - go's into some refreshing detail!
https://www.youtube.com/watch?v=HZOyX7DkkVk&t=49s
Interesting analysis of GSK....
https://www.youtube.com/watch?v=tBwAM5qz_no&t=65s
Interesting analysis of Frontier Developments:
https://www.youtube.com/watch?v=BqezUTb5bHE
Go's into some good detail