I have a very simple rule when it comes to investing in stock market flotations, or initial public offerings (IPOs) as they are often called: don’t think of buying in unless the government is the selling shareholder, and stay away from everything else.
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Simon Thompson
Exploit Kape’s valuation anomaly
Although the cyber security software provider is attracting record numbers of new subscribers, and highly profitable ones, too, there is a disconnect between the stock market’s miserly valuation of the company and its operational performance
Simon Thompson