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AlphaScreens: GARP reinforces convictions

Our growth at right price screen throws up some previous high scoring companies.
June 24, 2019

The growth at right price (GARP) screen has been very consistent with the same companies doing well month after month. Interesting results are to be found among smaller companies and the screen is noteworthy for highlighting some of the small-cap opportunities Simon Thompson has uncovered in his Alpha reports. 

  • Yet again, recruiter Page Group (PAGE) is the only company with a market cap over £1bn that passes all eight of our FTSE All Share growth at right price tests.
  • Packaging specialist Macfarlane (MACF) also scores 8/8 and as a smaller company (its market cap is £158m) it is also part of the FTSE Small Companies Index, which we screen against an amended seven test criteria. Macfarlane also gets full marks on the small cap screen.
  • Other companies that get 7/7 on the small cap screen include alcoholic drinks business Stock Spirits (STCK), ten-pin bowling and family entertainment firm Ten Entertainment Group (TEG) and student accommodation real estate investment trust (REIT) GCP Student Living (DIGS).
  • On Aim, there are three companies that pass all the small cap tests including miners Atalaya Mining (ATYM) and Sylvania Platinum (SLP). The other company is none other than Simon Thompson Alpha pick Elektron Technology (EKT), which has seen price gains of over 40 per cent in the last three months.
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