A good example is newly listed diversified financial services company Ramsdens (RFX:134p) which released bumper results last week. Having run through the investment case in quite some detail, and grilled the directors, I am pretty confident the cash-rich company will be able to deliver the 20 per cent-plus growth in EPS predicted by analysts at Liberum Capital this year, so much so that I initiated coverage with a buy rating and a target price of 180p in an in-depth online column ('A jewel in the north', 12 Jun 2017).
Funded for explosive growth