Dominos
Dominos leapt after a smashing set of results and it seemed rude to not take a 50%+ profit after just 6 months. I just think it’s got a bit ahead of itself now and hopefully it might sink back later in the year to buy back in again.
Sell price: @ £4.02
Buy price: £2.62
Dividend income: 2.5%
Gain: 55.5% total (2.5% + 53%) 130% pa (not compounded)
With the Dominos money burning a hole in my pocket I’ve been playing with the Stock Screening tool on Stockopedia. I’m looking for companies within 20% of their 52 week low, with a reasonable PER and PEG. Minimum size £20M although in practise I’m more comfortable with the £50M + Organisations. I also filtered out certain sectors as they are not for me. Pure exploration and Biotech for instance.
This threw up a list of about 120 and I trawled through the figures this weekend. This narrowed it down to a shortlist of about 40, which I then ranked, then had enough cash to purchase three of the top ones. Plenty more to purchase, just no cash to do so… ones that didn’t make the cut, for instance, include the Banks Barclays and tarnished NatWest.
Brickability
Brickability Group PLC is a United Kingdom-based construction materials distributor. The Company supplies facing bricks, blocks, rainscreen cladding systems, architectural masonry, paving, roof tiles and slates to the construction industry (Stockopedia)
Does what it says on the tin. Makes bricks. Income has grown rapidly in its 3 years of trading from £11m to £600m with profits of about 5-10%. Positive trading update and cost pressures are abating. Taken a modest stake as it’s a smaller than my normal size Organisation.
Buy @ 54.47p with a Dividend yield of 6% and PER of 5.4
Portfolio %: 2.2%
Total Portfolio Holdings: 2.2%
VP Group
Vp plc is a United Kingdom-based equipment rental specialist company. The Company provides specialist products and services to a diverse range of end markets, including infrastructure, construction, housebuilding, and energy (Stockopedia)
More steadily rising turnover and profit, but positive noises from the Management team. Brisk are not yet going out of fashion, especially with the drive for more affordable housing, whatever the colour of the Government over the next 5 years.
Buy @ £5.79 with a Dividend yield of 6.5% and a PER of 7
Portfolio %: 2.8%
Total Portfolio Holdings: 2.8%
Epwin Group
Epwin Group Plc is a manufacturer and supplier of energy efficient and low-maintenance building products, including windows, doors, and fascia systems. (Stockopedia)
Energy efficient”, “low maintenance”. Nice.
Trading Update end July:
Trading ahead of a strong 2022 comparative; confident of achieving full year expectations
and
Trading during the first half of 2023 was in line with the Board’s expectations. Revenues increased to approximately £180 million, with the Group continuing to trade ahead of a strong 2022 comparative.
Buy @ 72.3p with a Dividend yield of 6.2% and a PER of 7.3
Portfolio %: 2.2%
Total Portfolio Holdings: 2.2%
888 Reports next week (15th). It’s bounced back strongly and quickly since the sell-off after I sold, so it will be interesting to see whet the effects of interest rate rises have had on both its costs and the ability of its customers to place bets. I’m still cautious and, so far, it’s about 10% below my selling price.
I’ll update the Portfolio later this month.