We use cookies to improve site performance and enhance your user experience. If you'd like to disable cookies on this device, please see our cookie management page.
If you close this message or continue to use this site, you consent to our use of cookies on this devise in accordance with our cookie policy, unless you disable them.


Simon Thompson

Engineering ratings upgrades ‘Three lowly rated engineering groups are attractively priced for financial gains’ ...

06 October 2015

Simon Thompson

About Simon Thompson

Winning stock and trading ideas from the creator of the Bargain Portfolio

Recent articles

  1. Bag a retail property bargain

    Bag a retail property bargain

    05 October 2015

    Shares in a retail property developer are anomalously priced and ripe for a rerating

    ‘Or put it another way, with shares trading at 86p, valuing the company at £158m, then once the Northamptonshire scheme completes, a cash return (likely to be 38p a share) is made early next year, and a minimum revaluation surplus of 15p a share is factored in, I reckon the shares will be trading on a 35 per cent discount to their pro-forma net asset value. That’s far too deep given the prospect of further asset sales and cash returns.’

  2. Income plays with capital upside

    Income plays with capital upside

    01 October 2015

    A trio of income stocks all offer potential for capital gains

    'Of course there is execution risk, but if these forecasts are achieved then the shares are only being rated on 11.8 times cash adjusted earnings for fiscal 2016 after factoring in a likely year-end net cash pile of £23m. Furthermore, I wouldn’t rule out an earnings accretive share buy-back programme, tender offer or even a special dividend to shareholders in the meantime.’

  3. Platforms for success

    Platforms for success

    30 September 2015

    Shares in four small caps all have the base in place for profitable growth

    It's only realistic to expect investor demand to remain strong too as occupancy levels improve, and market supply of grade A space is taken up in both Town Centre's biggest regions, Leeds and Manchester, reflecting the strength of tenant demand.

  4. Building momentum

    Building momentum

    29 September 2015

    Shares in a pair of recovery plays look poised for further gains while there is potential for a bounce back in two heavily oversold small caps

    ‘It is clear to me that there is solid value in the company’s heavily oversold shares. Indeed, you could sell all of its stock in a fire sale for 50 per cent of its open market value and the cash raised would still be worth 15 per cent more than the company’s market value. Furthermore, the 14-day relative strength indicator (RSI) has a reading lower than at any time in history including at the bear market lows in 2009! At the very least this points to a strong bounce in the share price, and one that would be more than warranted by the asset backing alone.’

  5. Small-cap value plays

    Small-cap value plays

    23 September 2015

    A quartet of companies all offer decent share price upside

    'True, the full-year dividend is only covered 1.3 times by forecast EPS, but that forecast doesn't factor in any contribution from a recent acquisition, so has scope for an earnings beat even without the benefit of further bolt-on deals'

IC columnists

The Trader

The Trader

Technical analysis and market calls from our in-house charting expert

Mr Bearbull

Mr Bearbull

Sound advice on running portfolios from an experienced commentator

Smart Money

Smart Money

Practical advice to help you plan your future

Chris Dillow

Chris Dillow

Incisive economic commentary plus thoughts on investor behaviour

Property Matters

Property Matters

Comment on the ups and downs of property investments, with a particular focus on the perennially popular world of buy to let

The Editor

The Editor

Commentary on markets, world affairs and everything to do with investing

Chronic Investor Blog

Chronic Investor Blog

Our light-hearted take on the world of investing

Register today and get...

Register today and get...
Please note terms & conditions apply